RE:No Need To Whine. Sell, or Average Down!Eric Sprott recently disclosed that he suffered almost $500M in losses investing in gold stocks
Assuming his net worth was around $1.7B pre-Covid, let's conservatively say his net worth currently stands at $1.5B
Now, if he owns roughly 30% of NFG with an average cost of $300M to $400M, this stock represents 20% of his portfolio
So i figure my 150k shares, which represents about the same allocation, is about right ~ and my ACB is significantly under $6, thanks to you twats who sold in the past few months, thanks!