By Henry Bonner (hbonner@sprottglobal.com) Founded in 2001, Sprott Inc. went public in 2008 and grew to more than $10 billion in Assets Under Management during the precious metals bull market that peaked in 2012. Today, with the gold and resource sector down over the last three years, Sprott’s AUM stands at approximately $7.7 billion. I… Continue Reading
An edited version of this story was first published in the Globe and Mail. The man who recently left his job as head of Sprott Resource Corp. says he has yet to sell a share in the company. Kevin Bambrough, who exited his role as the chief executive of Sprott Resource Corp., as well as… Continue Reading
The results from our gold poll are in and they are somewhat surprising: A vast plurality believed that gold would remain rangebound through the end of the year. Meanwhile, barely 1 in 4 poll respondents believed that there would be a bullish end to 2013 for gold. Given that the majority of CEO.CA readers are… Continue Reading
Tekoa from Bull Market Thinking interviews Sprott Asset Management founder Eric Sprott, who became a billionaire in the gold bull market, but has lost his step as the bullish outcome for precious metals and resources equities Sprott predicted has yet to materialize. Still, the interviewer asked a couple of great questions of the pioneer Sprott:… Continue Reading
An article from Mineweb’s Alex Williams this morning summarized the recent discussion Rick Rule (Chairman of Sprott US Holdings) and Robert Friedland had at this year’s Mines & Money Conference in London, UK. Below are a few of the quotes from the article: “This is very much what a bottom feels like,” said Friedland. “Most of the CEOs of the major mining… Continue Reading
The Rant Thank you Toronto, and other observations Your neighbours to the south will be eternally grateful for your crackpot mayor providing considerably better entertainment value than your mining markets of late. The comic relief is greatly appreciated– keep it coming. The relentless hammering of the junior mining markets and gold price continues despite the… Continue Reading
Dr. John-Mark Staude’s Riverside Resource (RRI:TSXV), the prospect generator with precious and base metal assets across some of North America’s most prolific mineral belts, announced initial exploration results from their Flute and Lennac projects in BC. The projects were identified as part of a three year alliance with Antofagasta, the Chilean copper giant, which ends… Continue Reading
[audio:https://c03c06.p3cdn1.secureserver.net/wp-content/uploads/2013/11/Mark-ODea-Podcast-Nov-15-2013.mp3] Track record is everything in junior mining. Mark O’Dea took Fronteer Gold from a $1 million shell in 2001 to a diversified mine developer that sold for $2.3 billion to Newmont in 2011. The Vancouver-based, 45-year-old Newfoundland-born geologist also created Aurora Energy in 2006, and sold its Labrador uranium assets for $260 million to… Continue Reading
THE CALANDRA REPORT: Subscribe $91 yearly Thursday November 14, 2013 Mines are made, not found. That is Barkerville Gold Mines’ tagline for investor brochures. James Francis Gerard Callaghan spent upwards of $120 million making Barkerville mines and properties along central British Columbia’s Cariboo trend in Canada. Do you know the restaurant Max’s in northern California? “This… Continue Reading
THE CALANDRA REPORT: Subscribe $91 yearly October 22, 2013 Most everyone likes an under-fished story. Even regulators. So, this is Day 9. Barkerville Gold Mines’ return to trading brings a doubling of the stock price for those who bought the tarnished stock in America’s pink-sheet market (symbol BGMZF) whilst the Canada shares were halted. Those… Continue Reading
“Most great discoveries have to climb a wall of worry and disbelief,” says a geologist who has worked with the Ivanhoe group in Mongolia, R. Edward Flood. “Especially when it comes to Robert Friedland — because all the seasoned investors who follow this sector cannot allow themselves to believe he has done it again.”
“The mainstream pundits will tell you that oil is expensive now because of the unrest in Syria and Egypt,” Rick begins. “But the truth is that Syria and Egypt don’t produce much oil.” “The real reason is that there are expectations of a slowdown in oil exports brought about by the lack of sustaining capital… Continue Reading
Cambridge House International, Canada’s junior mining advocates, are hosting the FREE Toronto Resource Investment Conference at the Sheraton Centre Hotel this Thursday and Friday (Details and Registration). Join financiers Ned Goodman of Dundee Corp., Eric Sprott of Sprott Inc., Frank Holmes of US Global Investors, along with newsletter writers including Keith Schaefer of the Oil and… Continue Reading
Many analysts are claiming that new platinum ETF and trust products such as Sprott’s physical products have begun to wreak havoc on an already beat up and battered South African platinum industry. Just as the gold ETFs did in the gold run over the last decade, these new platinum products could rip billions of investment… Continue Reading
Billionaire Eric Sprott suspects sovereign wealth funds have been significant buyers of precious metals in recent weeks, particularly those funds who were heavy buyers of gold and silver in recent years at higher prices. He also expects miners profit margins to explode as bullion prices increase, which he sees going to $3000 soon. “Gold stocks at… Continue Reading
