Post by
lithomon on May 13, 2021 7:20am
$1 Million - Certain Funds Managed by Sprott Asset Mgmt
Financing closes at subscription price significant premium to current market price.
Comment by
GUY2012 on May 13, 2021 9:33am
In reality....Such a small amount of money may have little effect on the SP (in that I mean upward pressure). However, it does spell confidence ......BUT.....BUT....the timing is good as it seems to imply that the upcoming STANTEC report must be good, otherwise why would SPROTT "Buy-in". ?
Comment by
watchmeplz on May 13, 2021 10:09am
It's flow through, so it's a tax break for him. But having said that, he's not just going to throw his money anywhere, I assume he's saying "with this dough you gotta drill either amx,or nfg property" as he probably thinks the lithium is a bonus.. just my opinion of course
Comment by
fordster on May 13, 2021 10:11am
Sprott also invested a small amount into KERR (their name is changed)...I've given 10$ to a beggar before...It's amount the same amount for Sprott. I'm not a basher...I got scammed by this company. I would trust Ms. Brockovich still. I do hope it does work out for you guys though-take care.
Comment by
ark88 on May 13, 2021 10:55am
fordster: how did get scammed by this company? Please explain.