The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
|
ERIC SPROTT, SPROTT ASSET MANAGEMENT
"...Ever the opportunist, Eric Sprott hasn't lost his touch for catching the rising stars of the resources sector. "One of our big investments was the uranium area back in '03," recalls Sprott, lead manager of the $1.9-billion Sprott Canadian Equity and chairman, CEO and portfolio manager of Sprott Asset Management Inc. "We were able to go out and buy 5%, 10% and 20% of so many little guys trading below $1 a share that are big guys now. It's exactly what we do."... Currently, the sector weightings in the equity fund are about 40% precious metals and about 40% energy. "We have reason to think that certain sectors will survive a U.S. financial quagmire," says Sprott, "and one that's always survived is the gold and precious metals area." Sprott is also the lead manager of the $712-million Sprott Gold and Precious Minerals, though for this fund he relies heavily on the advice of the firm's chief investment strategist, John Embry. The fund has produced fourth-quartile returns in the Precious Metals Equity category over the past one and three years, but is a second-quartile performer over five years."(6/15/07) |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >