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Bullboard - Stock Discussion Forum Huntwicke Capital Group Inc HCGI

Financial Services Asset Management

Huntwicke Capital Group Inc. is a holding company, which is focused on investing in and enhancing it local community while providing long-term investment growth. The Company acquires real estate in small markets with high degrees of safety to provide income streams to its shareholders. It develops, syndicates, manages, and acquires property for capital appreciation and has growing financial... see more

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OTCPK:HCGI - Post Discussion

Huntwicke Capital Group Inc > Eric Sprott is buying

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Post by bossu on Apr 16, 2017 3:11am

Eric Sprott is buying

Eric Sprott boosts commitment to Kirkland Lake Gold

SUBSCRIBERS ONLY

TED DIXON, CFA

Special to The Globe and Mail

Published

Friday, Apr. 14, 2017 2:29PM EDT

Last updated

Friday, Apr. 14, 2017 2:29PM EDT

Visit TICKERS In This Story

Kirkland Lake Gold Ltd. operates five underground gold mines, three in Ontario and two in Australia.

Company chairman Eric Sprott recently announced that he would be stepping down as chairman of asset manager Sprott Inc., mentioning that he would be focusing on his personal investments. It appears Mr. Sprott is well on his way with that at Kirkland Lake Gold, where he has spent nearly $5-million picking up shares over the past month. Mr. Sprott is the largest insider company shareholder, holding 9.57 per cent of shares outstanding.

Total holding :5,97 X 203 MM shares=12,119,000 x $ 10,30=$ 125 MM.

He truly beleive in KL as I do!!

I'm doing the same but on ''modest''scale !!!

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