SPROTT KNOWSHey everyone,
I love following this story and the volatility of the stock. The unfortunate part now is a real deal analyst has finally spoken up about the stock and it is not good news. Peter Hodson and Sprott Asset management have been wrong before, but they are right a lot of the time too and have said exactly what our buddy Aunti has been saying all along. The deposit is wonderful, but everyone is realizing there is no continuity nor viability for a mine. The space between deposits is so large that they would need probably ten separate mines to pull all this stuff out of the ground. Not only that, none of the tagalongs like SMI, WER, NAG or whatever other company hopped on the bandwagon have found anything either. GXS had better hope a major comes in for a takeout. This for them is unlikely because not too many majors have cash in the balance sheet for aquisitions in this economy. Everyone knows its going to be a pretty boring summer with little activity. I hate to say it but unless something drastic happens we could be seeing 35c SOON!
PS. Any word from "M" lately LOL