RE:RE:RE:RE:RE:RE:RE:Look who made it to top 10 gainers ? LOLNot Exn. Excellon is more a 'hype and dump' story perpetrated by the former CEO when Sprott is after bigger prizes.
I have two recent experiences with miners that run into financial troubles. In both instances Sprott was the biggest shareholder - America Gold and Silver and Pure Gold. When USAS hit the wall Sprott assumed 40% ownership interest of Galena mine. For those who do not know, Galena will be around producing silver and other metals perhaps for at least hundred more years. Sprott invested US$ 20 milliion in Galena, but then his family will receiving tens of millions of royalties from whoever owns Galena in perpetuity. In the case of Pure Gold, Sprott first promoted the mine as the "Fort Knox of the North". He is the bigget shareholedr and the biggest creditor, so whatever happens to Red Lake mine Sprott will be there to collect his interest. it is rumoured that Red Lake mine is the the next Goldcorp with gold worth billion in the ground.