Free
Message: Silver

Well, that's an interesting development. The general consensus among the pundits is that silver will outperform over the next while and personally, I think they are correct in this matter. We are, in theory, not going to need the cash anyway, and one can very easily borrow against the bullion anyway, should the need arise. I like it. I did not invest in a gold and silver producer to see 6 million in cash sitting there getting eaten by moths, I invested in a company producing hard assets, and they just produced them.

At the very least, the act of buying into Sprott turns more eyeballs our way and that is never a bad thing, as these would likely be new eyeballs. Fresh eyeballs can look at the slow burn over the last 5 years and come to the probable realization that the fuse is now lit, the long drawn out mill saga is about over and plop down some fresh do-re-mi.

Not sure what the insider buys or sells are, but I've had bigger bar tabs.

3 or 4 weeks til the next set of numbers.

Carry on Gary and Jimbob.

Truck.

Share
New Message
Please login to post a reply