"In the year 2000, Eric Sprott made the decision to focus solely on the investment management business. Accordingly, the “investment management division” of Sprott Securities Inc., was spun-off to form a separate entity now known as Sprott Asset Management Inc. Consequently, SAM was founded with an already established successful historical track record of managing assets through Sprott Managed Accounts since 1981 and the Sprott Canadian Equity Fund since 1997. Sprott Securities Inc. was sold to its employees in 2002, leaving Eric Sprott and the directors and officers of SAM with no remaining interest in the firm. Sprott Securities Inc. has since changed its name to Cormark Securities Inc."

Source: http://www.sprott.com/companyinfo/corporateprofile.php

The Sprott (now Cormack) that was buying today is the not the Sprott now run by the highly regarded Eric Sprott - the one Bay St. looks to. Its a little confusing, which is why Sprott Securities changed its name in April to Cormack, as there no longer any Sprott involvment in Sprott Securities.

The point is, although it was nice to see that buying today by Cormack, the thinking that this was the highly regarded Sprott, i.e., Sprott Asset Managment, is unfortunately erroneous.

If anyone can demonstrate that Sprott Asset Managment has been buying NOT, that would be significant.

Sorry to rain on your parade, but I cannot, in good conscience, let people post unintentional mistaken information... Sorry.

Regards,

B.