Category: Eric Sprott

Sprott Lifted Position in Seabridge Gold

Eric Sprott increased its stake in Seabridge Gold Inc (SA) by 15.71% based on its latest 2016Q4 regulatory filing with the SEC. Sprott Inc bought 49,769 shares as the company’s stock declined 8.47% while stock markets rallied. The hedge fund run by Eric Sprott held 366,489 shares of the basic industries company at the end…

Billionaire Eric Sprott Builds Position In Gold Mine

Now having lots of acreage doesn’t necessarily mean it’s all ripe with nuggets of gold just waiting to be picked up, but in Kerr Mines (TSX: KER) (OTC: KERMF)’s case, its damn near that rich – and WAY UNDERVALUED in share price, which we’ll explain further on. The [property] is fully-permitted with extensive infrastructure in…

Eric Sprott Warns Of Major Sell Off In Gold Mining Stocks As Top ETF Is Forced To Rebalance Holdings

The demand for junior precious metals mining company stocks is soaring, and as a result VanEck’s GDXJ is being forced by stringent regulations into rebalancing – forced selling to reduce positions that have become too large, which is creating tremendous opportunities.  As Eric Sprott says, “There’s too much interest. Isn’t the the funny thing? There’s…