RE:RE:RE:RE:RE:Eric Sprott interview -- talks a lot about NFGGangsterme,
Just trying to completely understand this Flow Through Transaction. ES through Sprott Capital Partners paid $8/share (50M) to NFGC for 6.25m shares. ES (Sprott Capital) gets to write off 50m. Did BMO just broker the deal? I didn't think that ES needs to sell the shares to someone else to get the tax benefits. I would thus expect him to hold on to the shares. Who actually ended up with the shares and do they have a 4 month hold as is typical? I understand the tax write offs, but you don't need to "give the shares away" to a "charity" for that. Any help will be appreciated.
TK