Silver ElephantFunding for Silver Elephant is from Eric Sprott. He is a billionare and invests in Canadian natural resources. Along with the purchase of Minago from Victory Nickel, Silver Elephant has the right of first refusal on the frack sand covering the purchased property. There is over 10,000,000 tons of frack sand on the property. Proposed to mine at the rate of 1,000,000 tons per year for at least 10 years. The 40,000,000 shares of Victory Nickel purchased along with the Minago property, represents the interest of Mr. Sprott to add value to his investment at the same time greatly increasing the value of Victory Nickel.