With close to 700 million shares available for trading between the 2 companies, how do these 2 laggards trade in such a tight range relative to one another? If it were a month or 2, it would be coincidence, but this has been going on since Lehman was bankrupted 4 years ago.
What makes no sense though is the 30% premium LSG enjoys over SGR for same tonnage and lesser grade. Should be the other way around. Don't get me started on RMX.
C:LSG - LAKE SHORE GOLD CORP.
2012-12-17 T 0.78 0.75 0.78 0.00 1794223
2012-12-14 T 0.79 0.76 0.78 +0.01 749949
2012-12-13 T 0.81 0.77 0.77 -0.05 1750295
2012-12-12 T 0.82 0.75 0.82 +0.10 2160512
2012-12-11 T 0.74 0.69 0.72 +0.03 1523941
C:SGR - SAN GOLD CORP
2012-12-17 T 0.79 0.77 0.77 -0.02 310492
2012-12-14 T 0.79 0.76 0.79 +0.03 267071
2012-12-13 T 0.80 0.76 0.76 -0.06 282407
2012-12-12 T 0.82 0.77 0.82 +0.04 351734
2012-12-11 T 0.78 0.76 0.78 -0.01 372604