High River Gold Mines Ltd HRIVF

Eric Sprott on KWN, April 29, 2012

[SeekingDoubles]

When Eric Sprott speaks, everyone should listen... carefully.

In an interview at kingworldnews,com, Mr Sprott had a few interesting things to say

I think this is noteworthy...

... (start-quote)... "we are finally getting some interest from some of the major producers and some of the exploration companies - there was a takeover bid announced today - IAMGOLD is buying Trelawney Mining - they are paying cash - they are paying a 36% premium - we have had other indications from major companies (Nord?) about buying portions of companies that we own(HRG?)- or making take-over bids - so I sense there is a feeling that - ok things have gone low enough here - that makes all the sense in the world for the major producers to consider buying either exploration or smaller producers - and I think we will see more of that going forward - Yes I think its a great time to buy - I think it's been a great time for a long time - When you buy a smaller producer or an exploration company - I mean I regard these as growth stocks - you (they) will be able to sell your gold - there's no doubt about that..." (end-quote)

for the whole broadcast go to:

https://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2012/4/29_Eric_Sprott.html