Category: Eric Sprott

Sprott Asset Management’s 2017 Outlook For GOLD

During the past three months, market sentiment has shifted on fundamentals dominating short-term trading in gold markets. Consensus views have gravitated towards further Fed tightening, rising Treasury yields and a strengthening U.S. dollar. In the body of this report, we have outlined our reasoning as to why each of these assumptions may be short-sighted. In…

Eric Nuttall's Top Picks

Market Outlook: Despite being in a multi-year bull market for oil, herd mentality has taken over as fears around a potential Border Adjustment Tax by the Trump administration have led to the pummelling of Canadian oil stocks with many falling by 15 per cent+ this month. We do not believe the U.S. president will push…

Eric Sprott to acquire a strategic interest in Northern Superior Resources

Northern Superior Resources Inc * Eric Sprott to acquire a strategic interest in Northern Superior Resources, Northern Superior initiates concurrent financings * Northern Superior Resources Inc – has agreed to make a $2 million investment in Northern Superior * Northern Superior Resources Inc – company is undertaking concurrent financings to raise up to an additional…

Eric Sprott 'driving the bus' on Kirkland Newmarket merger

Kirkland Lake Gold (KLG.TO) has agreed to join forces with Newmarket Gold (NMI.TO) in an all-stock deal worth about $1 billion. Retail and institutional investors are likely to take a shine to both the deal and the new gold company, according to Andrew McCreath, BNN Markets Commentator and founder of Forge First Asset Management. “This…

Eric Sprott bets millions on a gold producer and 10 out of 10 analysts agree it's a buy

Gold bug Eric Sprott’s increased stake in Newmarket Gold Inc. has renewed interest in the junior producer, which operates three mines in Australia. Investors are now looking for the Vancouver-based miner to fulfill its promise to boost production while controlling expenses and not overpaying for acquisitions, as the price of gold sits stubbornly at about…