Post by
mackvorkian on May 01, 2020 2:09pm
Eric Sprott on GPY
May 1 / 2020. On the Sprott Money weekly Wrap Up, Eric Sprott has some words on Golden Predator.
"I like it." "I am a proudly 10% investor". "the economics are incredibly robust at $1700 Gold." "Anybody with an orebody that they can get into production ... can't imagine them not making a lot of money." " I like it ... get that mine back in operation and start throwing off money to shareholders."
I catch Eric Sprott with Craig Hemke every Friday.
Once again, GPY is in an enviable positon with a permitted mine, a resource in a great jurisdiction, very decent grade with lots of growth potential, with a dirt cheap potential Capex. Hordes of Jr wish they were in this stuation. The ability to get up and running early in the cycle puts GPY in a super positive position.
Comment by
easycoder on May 02, 2020 11:26am
Good find, Mac. A word to the wise, helps to post the link and when the mention occurs in the 20+ mins chat where GPY occupies less than a minute -it's about 19 mins in Sprott is underwater on GPY right now.. https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-050120
Comment by
mgxguru on May 03, 2020 8:19pm
Great find and even greater news!