RE:RE:Like this stock loading up .I have been here quietly building a position because of Eric Sprott. I am just following the money because money generally doesn't go in unless there is potential. Nice to see some buyers around yesterday,
Eric Sprott purchased an aggregate of 7.9 million FT units for total consideration of $1,896,000. Subsequent to the closing of the offering, Mr. Sprott beneficially owns or controls 7.9 million FT shares of the company and 3.95 million warrants of the company, representing approximately 14.23 per cent of the company's issued and outstanding common shares on an undiluted basis and approximately 19.93 per cent of the company's issued and outstanding common shares on a partially diluted basis (assuming the exercise of the warrants acquired hereunder and forming part of the FT units). Prior to the offering, Mr. Sprott did not beneficially own or control any securities of the company.