RE:RE:ERIC SPROTT MAY OWN 29.05% of SIClikeike wrote: Agree for most part GoldCasino but selling out to ES is not always a good thing.
ES likes to have his own way and when he does not get it he walks. Take a look
at GCM last year. He had a large position and then put out a huge buy on it when
it was $7. That was when he exited and the stock has never recovered and trades in low
$5.00 and change now. It is a great company well run and is greatly undervalued
(I do not own any) but do not know what exactly the problem was.
I have not see a shareholder take 29% of a company like this and it gives me a
little pause for cause. At this level of investment he will expect to get his way
which will more than likely be good for him but not necessarily for the company
and the shareholders. IKE
Owns 49% of jag. Basically saved that company.