RE:RE:RE:RE:RE:RE:RE:RE:Congrats to Blueboron99 for Solving the Puzzle Sooner, were you there through the Western Silver/Glamis/Goldcorp deal with Penasquito? Many of us were. If you know how Dale operates, he has a winning formula and it works. It worked with Penasquito and he's applying the same strategies with both WRN and Northisle. The thing with Dale is that you have to be very patient, There will be years of going excruciatingly slow. But then when it moves, it moves extremely fast. Penasquito went from .90 to $24 in six months. A lot of us made big cash with Penasquito and we're ready to do it all over again. None of us that are here long time, as far as I know, are neither pumpers or shorters. You'd be extremely foolish to be playing those games at this juncture. Most of us are still in accumulation mode.
As far as your question concerning Sprott is concerned, Sprott is the mining businesses equivalent of a real estate flipper. He deals in penny stocks that have upward potential. His philosophy is that if you take enough cr#p shots that somewhere in there there will be a winner. For the ones that won't work, he sells off while he is still ahead. Frankly, WRN is too expensive and too long term for his likings. Also, these long term projects are beyond his skill set. He knows about how to take risks and play the markets. He knows relatively little about mining. Thus, sitting out 10 or 14 years on one company is simply not Sprott's game. People such as Ross Beaty and Dale Corman are much more sophisticated than someone like Eric Sprott which is exemplified by the company they keep: Lundin and Jim Simons. Whole other league. Jim Simons is considered the billionaire with the highest IQ in the world. You do not need to have an exceptionally high IQ to be a billionaire, but Simons has. Whole other league from Sprott.