Barkerville Gold Mns Ltd BGMZF

RE:What a hammering for Sprott and Sprott Inc shareholders

[yaponski]

halcro wrote:
Sprott Inc was trading at over $10 in Early 2011. It's now at $3.00. At least therre are no constant calls for $2,400 gold this year, LOL.

https://ericsprott.blogspot.ca/2014/07/eric-sprott-to-sell-25-million-shares.html

Friday, July 4, 2014

Eric Sprott to sell 25 million shares in money management firm Sprott Inc

Eric Sprott, a former analyst who formed a brokerage firm before setting up his own money management firm two decades back , is reducing his stake in the company. He announced Tuesday he was selling at least 25 million shares in Sprott Inc. at $3 a share.
Of the 25 million shares being sold, 20 million come from a Sprott-controlled company and will be sold to the public via a bought deal. The balance will also come from a Sprott-controlled company and will be sold to the company’s employee profit sharing plan. If both stock sales are completed then Mr. Sprott will have reduced his stake in the company to 53.2 million shares, which makes him the largest shareholder in the company that was taken public in early 2008 at $10 a share.

I do recall Uncle Eric being on about $2400 gold earlier this year.

If you have a few minutes so time, you might want to wander over to SeekingAlpha and see what the hard core bears are predicting for POG... yes, some there are arguing with great force and bluster (reminds me the BBoS in his salad says when he's spam the magic worksheet at every opportunity)....

The thing about POG, which is a very fractal in nature, it is possible that both Uncle Eric and the SeekingAlpha extreme bears will one day be right... just won't be the same day :)