Sprott buys additional 700,000 shares!
posted on
Jan 10, 2008 05:42AM
If you go on sedar it has a report in pdf (I would post it if I new how). It is a letter by Sprott. I am not 100% sure what that release says but here is what I know and think I know. I am not a securities lawyer? It is not any exercising of options from the PP last April. As TTM should of gotten money for it I confirmed this with Crichy this AM.
TTM is having a meeting this AM at 10:00.
Here is what I believe to be correct yet not 100% sure. Sprott has been slowly adding to their position over the last few months. I have been watching for them but they were not buying much through Sprott or Cormark, but adding by Canaccord and a host of other houses. It looks like they are holding up to 9.9% of TTM.
There are many talks going on and Sprott really likes TTM.
The resource calculation will include the last 10 holes. Results are in and they are preparing this as I speak.
I really try to keep an even keel and not get too emotional either way. But I am starting to get a little more excited every day.
Therefore I bought another 15,000 @1.15.
With endako's pit shut down, the price of moly, resouce calculation any day,$1.50 PP, and now Sprott in big time. Eric will move this when he is ready.
Do your own DD, if you are in stay in. If you are not in yet but wish to do so, better do some quick DD as things are gonna happen rather quickly.
Can this look any better!!!!
BBOB