MDMN - 2016-02-08 Weekly Discussion

Let’s see them sell into this bid. :slight_smile:

1 Like

Wow 37000000 on the bid

37,5 million on the bid at .02. Wow!!!

There’s BMAK right up there @ .021

CEL saying — I’m right behind you to keep this moving folks. Let the penny flippers and mo mo players take their shots at the offer. I’m waking this up.

1 Like

Kevin is the bid still there or is he hitting Ask?

Of special note is that the large bid, which disappeared later yesterday, moved from $0.016 yesterday morning, to $0.020 today right at the top of the BIDS. That’s a statement.

4 Likes

Someone else bid through CDEL @ 0.0201 so cannot see if they moved or are still there.

1 Like

Sure looks that way and from 62 million it’s 32 million he must of been buying yesterday now that it’s now 1/2

2 Likes

Doesn’t look like the seller wants to sell into. Might bait him to come up

Miner Tahoe Resources to buy Lake Shore Gold in C$945 mln deal

http://finance.yahoo.com/news/miner-tahoe-resources-buy-lake-121404922.html

UPDATED FOR ADDITIONAL INFORMATION:
Lake Shore produced about 180 KOz of gold in 2015. They have two producing mines
They have about 6 MOz in M&I reserves plus inferred
Lake Shore just put out a maiden resource estimate for its GAP 144 deposit
About 600K Oz of gold @ about 5 gpt.

http://finance.yahoo.com/news/lake-shore-gold-announces-large-110000799.html

Deal worth 945M CAD / $680M USD - all stock / no cash

3 Likes

A bit of maneuvering going on this morning

An endless number of shares being sold into the BID. This is pretty crazy, so much for the Claro hole being plugged. I think the dam broke. If not him then who? Les? Greg?

1 Like

John, Fred and Amy and the shorties. Definitely not Les or Greg. This deal is good and they would not sell at these prices.

For anyone who watches The League…when I see the large volume we have had and the not so large price movement, I feel like Ruxin…“Collusion!”

I’m sure it’s not Greg. I’m not sure it’s not Les but I doubt it greatly. I would put my money on it having something to do with JJ/Claro &/or the broker stupidity they created. I have no idea who/what else it could be.

1 Like

Tahoe snapped up a gem. Too bad Tahoe shares are so expensive.