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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: tyc:>	10/29/2011 11:14:14 AM
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Message 27589172 Lake Shore Gold Completes Acquisition of Fenn-Gib Project from Barrick Gold, When the acquisition was first mooted the 14.9 million share price was valued at ~C$60M. Now they are worth only ~ $24M. I wonder what the acquisition does to the NAV? I wonder what it will do to book value. ? The stock is already trading way under its NAV and its book value....... apparently just because of a poor production quarter. "It's not the current opinion on the stock that matters, but rather the potential change in the opinion" (Bender as quoted by Schwager in Stock Market Wizards)

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