RE:RE:RE:RE:News Soon ... something is brewing.. OgnyQ4 wrote: Last week ES bought 4,623,500 shares from someone who carried out this shares privately....on price of 0.52cad. Before that he was proud owner of 34,292,778 and now on 38,916,278.........
So this is the 3rd buy-in by Sprott since the last results. Each buy was close to double the one before: 17 - 30 - 52. All this based on one set of results. This is crazy. Is Sprott grabbing shares while the grabbing's good er what?
Sprott's motto is "If it's winning press your bet." but here he is doubling and doubling his bet on one set of results. Sprott made a single 6 cent bet many moons ago but he didn't do any bet-pressing until
after the most recent results. That's normal but it isn't like a result comes out and he presses his bet then another result comes out and he presses again - IMO this is more like pressing and pressing and pressing
before the next result. IMO Sprott is in a hurry to accumulate because he's betting the drilling is soon to resume and the next results will be something great.. and he and his team know the gold mining business like nobody else.