RE: Another Corriente Connectionjp, yes when I was holding EDV, I had similar complaints. I liked the mining operations that Giustra's team picked, them seemed to have a knack for finding winners, and getting in cheap at the ground floor(no pun intended).
However, the secrecy and lack of transparency was maddening. Then they did the buyout and handed over management to Frank Holmes, who is also a sharp mining/resource investor, but questions remained, so I sold out with a triple and was happy to be gone. The stock has held up well, as you say, probably because of their knowledge of the industry. The Uranium One story is a mess, and again, lack of transparency can lead to this. The Clinton connection is strong, it serves Clinton well to have access to Giustra's jet and he looks like the champion of the downtrodden third world mining workers.
I really don't know how to take the Giustra-Clinton relationship, but I suppose it is mutually beneficial, LOL, but frankly, I don't trust Clinton, he is too deep into deal making with the facade of human rights improvement, it appears to me, FWIW.
Anyway, I see MLY is actually outperforming the larger MLY holdings today. Not surprising there is some upward movement, as we are pressing hard on the upcoming conference call, and Sprott will be scrutinized for failing to achieve anything near NAV for MLY.
Again, I see the hedgies taking big positions, large enough to put pressure on Sprott to deliver, one way or the other, equity to NAV.
When MLY starts moving up on strong volume, we will know that some changes are in the works to benefit shareholders.
vocex1