Sorry for the play on words, but Eric Sprott bought more SPOT. Looks like open market buys above 80cts/share in May according to the news release. IMHO, support from such an important insider after the big run we've had is VERY SIGNIFICANT. Especially in view of the upcoming quarter which should be very strong (again!). I expect a nice move in the stock tomorrow. Let's see if I'm right!
Cheers
Hen
Eric Sprott Announces Holdings in GoldSpot Discoveries Corp.
Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Eric Sprott announces that, between May 6 and May 27, 2021, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 863,000 common shares of GoldSpot Discoveries Corp. over the TSX Venture Exchange, representing approximately 0.9% of the outstanding common shares on a non-diluted basis at prices ranging from $0.81 to $0.88 per share for aggregate consideration of approximately $714,440.
Mr. Sprott now owns and controls 10,251,332 shares representing approximately 10.8% of the outstanding common shares on a non-diluted basis. Prior to this acquisition, Mr. Sprott beneficially owned and controlled 9,388,332 common shares representing approximately 9.9% of the outstanding common shares on a non-diluted basis.