RE:What Eric Sprott really said -Shylockreturns wrote: Eric Sprott was on the Sprott site or SoundCloud two days ago and this is what he said about Wallbridge:
https://soundcloud.com/sprottmoney/sprott-money-2021-wrap-up-with-eric-sprott?utm_source=www.sprottmoney.com&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fsprottmoney%252Fsprott-money-2021-wrap-up-with-eric-sprott
Time: 34:18
43-101 hurt them because it basically was not exciting enough and did not create "visions of sugar plums" for investors to use a seasonal adage ALTHOUGH they have 3.5M Troy oz. of Au.
They have lots of areas to drill.
He believes they will ultimately prove up 10M shares "in due course."
End of comments.
Now, whether you consider WM "dead" money" or not depends upon your temperament. The company could just go along running their 10 drills and hit something really nice or they could JV or be bought outright in what I suspect will be an increasingly active M&A season.
We will just have to wait and see.
This is the kind of situation that you may get away with being out of position but at the same time you may miss a moon shot if you are.
Your choice.
havent you learned your lesson?
sprott pumped this years ago whein it was 0.20-0.30 and it worked. he kepts saying it was a massive deposit with millions of ounces. Hes clearly doing the same thing to try and get it back up to regain his losses. Be smart, dont be fooled twice. your money is better anywhere else