Thanks Teflon, your answer goes to the core of why you are a...

Thanks Teflon, your answer goes to the core of why you are a shadow investor and not played the market. Your comments re Sprott are so wide of the mark to show you complete misunderstanding, let me take you through it step by step as you have clearly not worked in a corporate division of an investment management, in fact where have you worked?
Sprott paid a premium at $2 earlier in the year. They are specialists in this area, so you may dismiss due diligence but they did it, believe me, have you done any fundamental research on STB? Next they have a history of long term investments, hence their 19% stake, not some fly by comments based upon a four months market trading in a bear market. They did their investment at $2 BEFORE the Jorc and Zone B find, with a scoping result due in August together with a listing on the US, Canada was avoided as they would want to deal. So you are telling me with forecast production at say min 2mill tonnes a year at $500 per tonne, maybe a cost and this is excessive $200 then you get to see $600mill profit a year from 2016. On a PE of 10x thats $6bill market cap. Less than $200 mill at the moment you can understand why there are long term investors. DYOR clearly some on this site have not making baseless comments.