RE:Eric Sprott Taking NFG Private....?
Good post Always. and to throw another coal on the fire, there is a possibility here that ES and CK still prefer to sell to a major but are adamant they get the price and terms they want so, Sprott is positioning Queensway to show the majors interested here that he is both willing, capable and prepared to develop himself if they cannot meet those terms?
There could be other reasons of course why he is now holding those shares in a "mining susidiary" , but we agree this is one hell of an interesting speculation regardless.
One thing is without doubt and that is Sprott will not sell uneless he gets his price for the property.Failing that, he has the option to mine himself. Good for us shareholders either way.