Pat: I own 15,000 shares of Lake Shore Gold. Tahoe Resources has made an all-stock purchase offer. I’m wondering what you think of it. Thanks.

Tahoe Resources, $11.82, symbol THO on Toronto (Shares outstanding: 227.1 million; Market cap: $2.8 billion; www.tahoeresources.com), has offered to buy Toronto-based junior producer Lake Shore Gold, $1.77, symbol LSG on Toronto in a $945-million, all-stock bid. Lake Shore operates the Timmins West and Bell Creek… Read More

Here are twelve stocks to sell

Long-time readers know that we are constantly reevaluating our stock picks. Here are 12 stocks that have only limited growth prospects for the foreseeable future. We now see them all as sells.

TETHYS PETROLEUM $1.42 (Toronto symbol TPL) produces and explores for oil and gas… Read More

Hello Pat: Thank you for your thorough answers to my questions. I have one more for you: what do you think of Lake Shore Gold? Do you think it has good growth prospects? Thanks.

Lake Shore Gold, $4.12, symbol LSG on Toronto (Shares outstanding: 376.4 million; Market cap: $1.6 billion; www.lsgold.com), recently declared that its Timmins mine produced 12,300 ounces in December 2010. Over the entire fourth quarter of 2010, the mine produced 29,900 ounces.

The Timmins mine is located… Read More

Positive study for Shore

SHORE GOLD $0.89 (Toronto symbol SGF; SI Rating: Start-up) (306-664-2202; www.shoregold.com; Shares outstanding: 224.5 million; Market cap: $199.8 million) released positive results from a prefeasibility study on its 100%-owned Star diamond project and the nearby 60%-held Orion South project in Saskatchewan. Newmont Mining owns the… Read More