RE:RE:RE:Billions of dollars for a teacup of nickelHey. Fund managers aren't God you know. They make mistakes like everyone else. Sprott also bought sherritt....small stake but a position nonetheless. The better the fund manager, the better they are at minimizing risk of big losses. That's why Sprott's sherritt holding was just a tiny fraction of thier portfolio. If it goes to zero, it doesn't affect them much. But if I were them o wouldn't have bought any.at all