The question is why did Sprott invest in the first place? The...

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    The question is why did Sprott invest in the first place? The answer is clear to anyone who has read Sprott Groups opinion and the way they operate.

    As disappointing as the share price stagnation is to everyone and obviously to a particular group the following has been said before. Ad Nauseam

    This company is focused on finding the best grades in two locations in Mali and Liberia. Over 2000 square kilometres of prospective ground with multiple sites that have produced varying amounts of gold over various widths.

    Again, for the hard of hearing they are using a systematic approach using low cost methods to ascertain the most likely sweet spots for follow up higher cost drilling to prove up a viable number of satellite sites for digging, trucking and processing.

    Now if they hit a sweet spot tomorrow and the share price goes bang all holders should be happy. Conversely if they trudge along for the next 2 years and exhaust their funds then they either raise more funds or end up at .001 for example.

    You know the thing I like about the above 2 scenarios is that if the latter happens I know my exact loss factor right now.

    If the former happens I have know idea what my profit will be until I push the sell button.

    Now each to their own but I know whether I would rather be holding or not.

    By the way Sprott and affiliates have nearly 320 m shares so their here for the long haul. Think I'll hang around with them for a while.

    Good luck LT
 
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