RE:From my perspective there is a sale on.
Carbonbull wrote: Where else can you buy a security at a discount to the best precious metal investor in our times? the inevitable short brigade will test conviction , my money is with ES. He doesnt make money with paper but rather invests in the underlying asset with a deep understanding of the geological potential , if the drilling programn performs as ecpected this is a three bagger all day long .. buy well the sale is on no gaurantees the inventory of available paper lasts for long.
Yes I agree with your comments. Eric Sprott has invested over $200 million dollars into NFG and other gold junior companies in NL that are looking for gold in the Central Gold Belt of this province. In addition to the $200 million plus that he has invested in NFG and others he has through his Sprott Lending company provided a credit facility of $185 million to Marathon Resources MOZ to develop their gold resource at Valentine Lake project in NL. So to say that Eric Sprott believes in the gold potential of this province is a huge understatement. Follow the big money and you should do well with companies like NFG and MOZ which have the two largest gold discoveries on the island.
- On March 31, 2022, the company closed a $185-million (U.S.) term loan credit facility with Sprott Private Resource Lending II (Collector-2) LP for the construction, development and working capital requirements of the project;