Kerr Mines Inc (KER)

[goldenpolarbear]

"... Sprott Money News Ask the Expert

April 2017 - Eric Sprott

[quote]A Case for Gold – the Value in Kerr Mines

There’s just something about gold… it’s nice to own and invest in, but it can be fraught with problems when you try to analyze what a company’s worth. We found a good one in Kerr Mines (TSX: KER) (OTC: KERMF).

We’re not the only gold bugs who’ve shown an interest in Kerr Mines. Precious metals guru Eric Sprott holds a 9.4% position and one thing you can say about Sprott is, he’s a savvy-investor, when it comes to gold stocks.

Kerr Mines is sitting on over 8 million dollars in cash and just started on Phase 1 of the Surface Drilling at Copperstone Mine in Northern Arizona, which is a late-stage development and former producer of gold. Copperstone consists of an 11,800-acre land package that historically produced 500,000 ounces of gold. The technical information has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Michael R. Smith, Registered Geologist.

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http://www.financialstrend.com/billionaire-eric-sprott-builds-position-in-gold-mine-34436.html