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billionaire Eric Sprott – Expect $200 Silver
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<p>[QUOTE="mikem2000, post: 1642953, member: 30574"]He held for 9 years, sure he could have made more, and now it is easy to do Monday Morning Quarterbacking, but it is very difficult to pick the exact top and bottom. He saw the screaming good deal of the undervalued asset at $4.50. Kudos to him, In May of '06 as AU hit $14 it was now approaching the cost of production, and was not the solid value investment it once was and turned into more of speculation. He did the smart think and locked in his outsized gains.</p><p><br /></p><p>Now with his profits in the books, I am sure he looked for another value investment, and so it goes on. Not exactly the way a Stacker would do it, but hard to argue with someone who has amassed 46 Billion Dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1642953, member: 30574"]He held for 9 years, sure he could have made more, and now it is easy to do Monday Morning Quarterbacking, but it is very difficult to pick the exact top and bottom. He saw the screaming good deal of the undervalued asset at $4.50. Kudos to him, In May of '06 as AU hit $14 it was now approaching the cost of production, and was not the solid value investment it once was and turned into more of speculation. He did the smart think and locked in his outsized gains. Now with his profits in the books, I am sure he looked for another value investment, and so it goes on. Not exactly the way a Stacker would do it, but hard to argue with someone who has amassed 46 Billion Dollars.[/QUOTE]
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