Post by
BladeMaster on Feb 21, 2024 3:44pm
Sorry, haven't been very active...
But i did add a few thousand more shares... Holding 183k shares across family accounts, with and average cost in the mid-$5's
Gold may bottom $1950 in the next few weeks, but we're going to rally hard off the lows IMHO
The gold system discovered in Newfoundland is world class and ES knows it... He's been in the gold business since 2000, and spent his prior 20 years as a generalist ~ You're looking at a guy who has 50 years of INSTITUTIONAL equties level analysis (going back to his days at ML)
There aren't too many guys who know what that experience means... To be in the weeds, through multiple economic and market cycles, to know what a solid play looks like... His managed accounts average 25% annually.... then his Sprott Canadian Equity Fund went a decade with 25% annualized returns... with a 10% performance fee on a MUTUAL FUND... Do you know how hard it is to generate those kind of numbers year in year out? Think about it, the haters think they know, they know NOTHING
Comment by
BUYSilverGold on Feb 21, 2024 3:56pm
you posted owning 89,000sh Nov 8th while nfg was $5...so even with you ( really expect ANYONE to believe you ) buying an additional 94,000 sh and yet nfg continues to decline thanks for my laugh of the day, perhaps the week
Comment by
BladeMaster on Feb 21, 2024 3:58pm
Yeah at the time, i may have disclosed that amount in my PERSONAL account, which now stands at 125K shares My wife has 54K shares, and my kid another 4K in his RESP
Comment by
Evenkeel123 on Feb 21, 2024 3:58pm
There is nothing wrong with ES and his investment. It's everything else. He is major, that's for sure, but he is not in control, and I wish he was. I think this company would take a different turn with him at the helm. Just saying. EK
Comment by
nozzpack on Feb 21, 2024 4:44pm
ES has been a major campaigner for Canadian Security officials to take action prohibiting naked short selling in Canada . No action has been taken because we do not control our markets. So every day, including today, MS has the rights to the EOD price. Every day , wash trading looks like a ping pong table . ES is clearly not in control . Shock therapy is needed here. But, by whom ?