RE:RE:RE:The ERIC SPROTT INDICATORThis is for Cigarbutts again: Furthermore, what Sprott DOES, in no way correlates to where a share price TRENDS.
Let's look at some cases in point:
Garibaldi. Down to 91 cents..Sprott bought millions upon millions of shares throughout mid 2017 into 2018.
Novo: Down to $ 2.37....Sprott did same.
Timminco....let's not even go there from a few years ago.
Conversely, Sprott selling 700,000 KL shares out of close to 22 M, does not in anway now mean KL shares will go DOWN.
Just like the countless buying he did of Garibaldi and Novo did not mean these shares would trend up and up. The total reverse happened.
To conclude, "The ERIC SPROTT INDICATOR" does NOT exist and is utter fiction. You are a loonie.
JIN
JintsuGehan wrote: You evidently have no capital markets experience.
You sound like the kid in the class no one wants to team up with to do the project.
Not even understanding basic SEDAR filings. 3 posts to correct yourself.
Last I remembered Sprott had over 22 M shares so good for him to sell 3-4 % of his holdings as he pointed out last Friday on Weekly Wrap-up.
You are not all there. Reserve report coming + the biggest earnings yet.
JIN
cigarbutts wrote: Subscription update!!
Sprott IS a director of Kirkland Lake Gold, so we will be able tocontinue services even if Sprott's holding fall below 10%, as all insiders have to report their trades on SEDAR.