RE:Timing?I like the move. FUU has had a good run and the "buy the rumour" and "sell the news" trading set-up may be in play on the announcement of the next set of scints. This new relationship with Sprott will help put a floor under any selling that may occur. That's the short term benefit but it also bodes well for the longer term.
Sprott has reputational risk when it takes on a client and Sprott wouldn't be selling FUU's project to strategic partners if there was nothing to sell. They obviously have confidence in the discovery. Sprott would have told FUU to go away if they believed FUU had nothing to offer the boys with deep pockets.