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RE: RE: RE: RE: RE: SPROTT SAYS A LOTT

[ALLEN4]

Hi jdn55, no I was directing my comments to my friend, Banx; I should have said that.

Banx points out that some Sprott employees retired off the Timminco profits.  I can say that I also made a fortune from Timminco, buying at the bottom and riding it to the top.  from 20 cents to 35 dollars was quite a ride and may have spoiled me in terms of future expectations.  Not only did Timminco go bankrupt but there was some question about whether they ever had a viable solar energy solution.  They had a number of analysts supporting the Timminco stock.  I recently read an account where a number of fund managers were transported out to the Timminco site on a bus but were not permitted to leave the bus, so one wonders what level of due diligence these investment funds took to ensure the viability of the product.  In any event, I made a small fortune from this sorry affair so I should not complain.    I remember seeing Sprott himself at an annual general meeting for Timminco in Toronto when the stock was trading at 30 dollars.  They passed around a piece of this stuff that Timminco was producing and each of us were permitted to keep a piece.  I still have mine.  I remember at the time thinking that this stuff looked like what I imagine fool's gold to look like.  No a good sign.   Anyway, Sprott is worth over a billion, so that entitles him to some respect, despite any other faults he has.