OTCQX:NTGSF - Post by User
Post by
mackvorkianon May 01, 2020 2:09pm
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Post# 30977063
Eric Sprott on GPY
Eric Sprott on GPYMay 1 / 2020. On the Sprott Money weekly Wrap Up, Eric Sprott has some words on Golden Predator.
"I like it." "I am a proudly 10% investor". "the economics are incredibly robust at $1700 Gold." "Anybody with an orebody that they can get into production ... can't imagine them not making a lot of money." " I like it ... get that mine back in operation and start throwing off money to shareholders."
I catch Eric Sprott with Craig Hemke every Friday.
Once again, GPY is in an enviable positon with a permitted mine, a resource in a great jurisdiction, very decent grade with lots of growth potential, with a dirt cheap potential Capex. Hordes of Jr wish they were in this stuation. The ability to get up and running early in the cycle puts GPY in a super positive position.