RE:RE:Sprott bought 4m shares BAR this week Sprott already expressed his support for the deal with his 9% of BAR, but to be sure he would want to have a stronger voting power by buying more BAR shares. Not sure if KL has boughts in BAR or not. If not, better do something, at least to have up to 10% of BAR, or even higher, so that the combined ES (let's say that ES would be wiling to go to 19.9%) and KL would amount to more than 1/3 of BAR OS.
Makuch does not want to see that huge patch of properties snatched under its nose by another major. There is no need to worry about WM. The two, Makuch and Sprott, along with Day Construction are in better control.
GH11
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fishcarrier wrote: I noticed this yesterday. Huge quantities of shares traded at 50 cents early in the day. ES has been very high on WM and often said he would buy more shares if he could. He owns about 23% and that's his limit. But he only owned 9% of BAR, and now is his chance to buy shares of BAR I bet up to 23%. Once the deal closes, he will again have 23% of the united WM stake.