GPY Rallies 168% - Summary Golden Predator has rallied 168% from its low of $0.175 on June 14. Synopsis of relevant:
July 05, 2019 - Eric Sprott purchased increased his investment in the company by 5,000,000 shares.
His transactions are as follows:
- July 26, 2016 - 10M non-flow through units @ $0.73
- July 02, 2017 - 2M sold @ $1.65
- July 05, 2019 - 5M purchased @ $0.32 - $0.45 (awaiting breakdown)
If Sprott got the 5M units for $0.45 then his average price is $0.4808 and if those units were $0.32 than his average cost is $0.4308.
Price of Gold. Gold rallies from $1,325 on June 10 and breaks $1,400 on Monday June 24 providing support across the gold mining sector.
June 07, 2019 - Eric Sprott speaks about Golden Predator during his Weekly Wrap Up at 19:03 stating he is a shareholder, mentions they have had some great results and that it will come back if the gold price returns.