re: News: Eric Sprott's silver lining to bank... You mean the fact that one of the largest shareholders has sold down an interest and also considers SLR a far better investment? He is also spruiking STB which I find astounding - I didn't even know they had a gold mine...
Lelde Smits: When we last spoke you did highlight Ramelius Resources Limited (ASX:RMS), Silver Lake Resources Limited (ASX:SLR), Gold Fields Limited (ASX:NGF) and South Boulder Mines Limited (ASX:STB): How has your exposure changed to them since?
Eric Sprott: Well probably in all of them we have a lesser interest, maybe less so with Silver Lake, I mean it’s been by far the better of those three. South Boulder we’re still a big shareholder, Ramelius we’re still a big shareholder; they’ve both been very negatively affected by this decline in all small resource stocks, but we still would have a very serious holding but not nearly as much as we had before. Because most natural resource, particularly precious metals funds, have had redemptions. So you’re forced to sell things whether you think they’re wonderful or not.
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