RE:AinsworthbillFirst the stocks:
Stock price is not determined by the deposit. The most amazing deposit on the moon won't make money. Can IVN deal with the geopolitical risk? So far the answer is NO. IVN is worth exactly $2.00. I know that because that how much they themselves just sold shares for a private placement. Not only that, IVN claims $67M in goodwill as an asset !! That's about 12c/share in bogus assets----subtract that from the share price ($2.13) and you get almost EXACTLY the number of the private placement.
LYD, I predict, will make $$. The insiders are buying, that's good news. But that's irrelevant. The deposit is worth about $1,000M or $7.70/share. That's with a fantastical gold price of $1,500/oz. Ergo $7.70 is the MOST the stock can reach. How much will they need to spend to revise their plan? How many re-issues will dilute that upper bound? Have you factored in the time-cost of my money and the opportunity cost. I've ALREADY profited 30% on LYD--LOL----I went against your advice and sold at $0.88
As for Sprott/Rule - Past performances, especially in this case, are certainly no indication of future returns. So far Rule has the following excuses, as provided by you: Unforeseen occurrences, Political Risk, Economic changes, Metal Prices, Environmental issues, Social issues, Metallurgy, junior exploration volatility, market sentiment. So you've constructed a completely unfalsifiable cage around his credibility---If the stock makes money, he's a genius, if not pick an excuse above. Hero worship is NOT investing. I know FOR A FACT Sprott screwed up on RPL---because they admitted blame to me!
As for your ad hominems: Sprott lost for me, in nominal terms, a large amount of money. Fortunately, I only entrusted them with a small % of my total investing budget, so their incompetence is only a minor annoyance. I'm not risk adverse--I'm still investing in Canadian junior energy companies and have exceeded, significantly, returns with respect to Sprott's picks. Risk-reward is one thing, but I had a higher expected return at Woodbine (-14.95% on Win bets) than my realized return on invested funds at Sprott.