Seems like the Aussie market doesn't understand what the access to the Sprott Investor brand and base means to this aussie battler. Those shares are going into strong hands that have long timeline investments.
I had the opportunity to listen to Rick Rule talk this year about what he looks for in a company before he invests and Sprott's partnership approach to investing. He said that he has to look at over a 100 deals on his table before he spots one that interests him. I am pleased that from all the mining deals from around the world running across Sprott's desk, my Australian investment is their one in a hundred.
What blew me away was how revered he was by the audience- his words were like they were spoken by God. I noticed people doing all sort of crazy stuff just to position themselves near him to talk or listen to him and they were hanging off every word he said. A buy recommendation by Sprott is seen by the world, not just the tiny Aust market.
Our brokers may find themselves standing in front of the freight train if they keep trying to shake the tree like they did this morning.
KIN Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
