RE:Short position is over 37 mill. Sh. Last week Yes but what if those shorts fully expected to cover through a financing, as is often the case, but that ability was taken away so will now be forced into the market to cover their positions.
Either that or Sprott had a price in mind and slowly contained the price of FR over the last year and has now covered imho.
Does make me chuckle when you have small time day traders on here claiming that someone who's a billionaire has had a trail of bad investments. As with any billionaire, it's quite clear, do as they do, not what they say. In respect of FR I'm sure Sprott will still be pumping it when it's many multiples higher whist making a quiet exit, but for now, looking very positive.