Bullboard - Stock Discussion Forum Sprott Gold Miners ETF SGDM

The investment seeks results that correspond (before fees and expenses) to the performance of the Solactive Gold Miners Custom Factors Index. The underlying index aims to track the performance of gold companies located in the U.S. and Canada whose common stocks or American Depository Receipts (ADRs) are traded on the Toronto Stock Exchange, the New York Stock Exchange and NASDAQ. The fund will... see more

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Sprott Gold Miners ETF > Kerr Mines Closes SPROTT Private Placement & at PDAC Toronto

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Post by GoldenPolarBear on Mar 01, 2020 12:00pm

Kerr Mines Closes SPROTT Private Placement & at PDAC Toronto

"...Kerr Mines Closes Oversubscribed Private Placement; Increases and Extends Convertible Note Financing With Sprott Resource Lending..."

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/728-tsx/ker/73970-kerr-mines-closes-oversubscribed-private-placement-increases-and-extends-convertible-note-financing-with-sprott-resource-lending.html

I Visited the Positive Golden Kerr Mines PDAC booth in Toronto...

Martin Kostuik & Michael R. Smith were both very informative...

I enjoyed perusing the printed version of their latest February 2020 Kerr Mines Inc. Corporate Presentation. Martin effortlessly answered my many questions with positive or upbeat responses.

Obviously, KERR has been slightly delayed but only by 3 or 6 months so.... WOW! The First Gold Pour is Now estimated for most likely Q4 2020 or at the latest Q1 2021... They are hoping to commence MINING PRODUCTION & the Floatation Plant around Q4 2020 - Q1 2021...

Michal R. Smith was extremely informative and talked to me about how it is relatively easy to actually separate the high grade gold from the Copperstone rocks and minerals via the plant and it will be easier with an upgraded plant so...

It was definitely worth the visit to PDAC to see the positive KERR Team...

IMHO, KERR Mines will shine in late 2020 or early 2021; this golden Copperstone Mine Train is leaving the station.

https://www.sprott.com/

https://kerrmines.com/