RE:RE:RE:Investment Bankers
I agree with you 100%. Sprott will want to duplicate his success with Fosterville, capturing most of his gains on price appreciation of the acquired shares once this goes into production. AEM will have to only issue about 35 to 40 million shares to acquire here at approx $20 per share. Their total outstanding will then be in vicinity of 500 million share, a perfect launch pad for Sprott and Palisades to monetize as needed or to hold for further capital appreciation as they decide. Right now, NFG is very illiquid. No volume to enable either of those to monetize their holdings even partially. Palisades is an investment bank and will need to chase other opportunities. Sprott is Sprott! What more can be said.