RE:RE:Is this what Sprott has to give up to get a big piece of ESKmegacopper wrote: Well it's a win win for Sprott and Eskay Mining. ESK get a piece of ownership in GGI and Sprott gets shares in ESK. Who knows what is going on behind the scenes but perhaps ESK would like to take out GGI all together eventually to increase their land holdings and the nickel that GGI has is not to be sneezed at and GGI has precious metals as well with the possibility of Eskay type deposits on their ground. Perhaps Sprott and Eskay will be doing a financing to give ESK to do even more drilling and Sprott increase his ownership in ESK. Just a few ideas to throw out there
Also, ESK has a nickel prospect called Red Lightening I think it's called towards the southern end of the property. This entire region has it all, nickel copper gold silver base metals and even palladium and platinum. It's a geologist's dream. There is a high likelihood of several mineral discoveries and hence the reason for the higher market caps of companies like ESK and SKE.
ESK taking GGI paper from Sprott is to go for the gold, not the nickel/copper. Lots more stuff coming, at least that is what I am hearing. Sprott gets a toehold in ESK. Eric & Quinton are still close.