Fission Uranium Corp T.FCU

RE:Rick Rule on Uranium

[Silverwhere]

That’s all very interesting Mr Rule... but, if you don’t mind, I’ll take these comments with several grains of salt.

Read this about the Sprott portfolio. AUM is an acronym for Assets Under Management:

.....

"In many ways, 2014 was a year of transition for Sprott,” chief executive officer Peter Grosskopf said in the statement.

“Although our AUM remained largely unchanged from the end of 2013 at $7.0 billion, there were meaningful shifts within the composition of our AUM.

“These changes are reflective of our overall strategy of growing both our diversified asset management platform in Canada and our global presence as leading resource investors.”

He said that in Canada, for the first time, the company’s diversified asset management business ended the year with the majority of its actively-managed AUM in non-resource strategies.

.....

https://www.proactiveinvestors.com/companies/news/60255/sprott-swings-to-annual-profit-shares-rise-to-3-week-high-60255.html

.....

Mr Rule is out kicking (commodity) tires. He wants to pull a Phoebe Buffay & say “we will give you 10 dollars”. Mr Rule comes across as assertively greedy. Overly so. Maybe this strategy is his attempt to make up for losses throughout the gold & silver “slump”. Perhaps he is attempting to pick up and/or add to positions in order to beef up Sprott’s holdings, and profits. After all, that is what Mr Rule is paid to do.

Sorry but “10 dollars” won’t cut it when it comes to high grade quality uranium. On a global stage, Sprott’s AUM at under $10 billion is small potatoes. Dev has much bigger dim sum plans.




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