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Sprott Physical Gold Trust T.PHYS

Alternate Symbol(s):  PHYS

Sprott Physical Gold Trust (the Trust) is a closed-end mutual fund trust. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust's investment objective is to provide exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion. The Trust invests primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not speculate with regard to short-term changes in gold prices. The Trust is authorized to issue an unlimited number of redeemable, transferrable trust units (the Units). Sprott Asset Management LP is the manager of the Trust.


TSX:PHYS - Post by User

Post by GoldenPolarBearon Apr 23, 2022 3:27pm
203 Views
Post# 34626478

“Mid-size production … that's our sweet spot”🇺🇸🇨🇦🌎

“Mid-size production … that's our sweet spot”🇺🇸🇨🇦🌎

"... Maria Smirnova of Sprott Asset Management said that although larger-cap gold stocks have been doing well, the best possibilities lie in explorers and small- to mid-size producers. Conversely, she cautioned that inflation is causing problems for developers, which are having to deal with higher CAPEX, among other issues.

"Recently larger caps have been doing better. But we do believe that for us the best opportunities still lie in exploration and small- to mid-size production … that's our sweet spot" — Maria Smirnova, Sprott Asset Management


Let's hope that Sprott Continues to consider Sabre Gold Mines in their sweet spot... $$$ 

"
Prominent Sabre Gold Mines Investors other than Directors & Officers: 

1. Eric Sprott 
2. Pat DiCapo (Power One Capital Markets) 
3. CIBC Private Wealth

https://www.sabre.gold/investors/

"... 

Gold Is Heading Higher as Inflation Rages. Why the Next Stop Could Be $3,000 an Ounce...."


https://www.barrons.com/articles/gold-prices-forecast-inflation-war-crypto-51650664599
 

"... The gold miners’ stocks are still running higher in a mounting upleg. These sector gains accelerated into mid-April, spawning fears of excessive overboughtness. While somewhat stretched, gold stocks’ leading benchmark remained nowhere near potentially-terminal levels. So there’s still lots of room for this latest gold-stock upleg to keep powering higher. Like usual its gains won’t be linear, but will flow and ebb with gold...."
https://www.mining.com/web/gold-stocks-still-running/

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