Eik, I wish I could say 42 cents was my buy in price, I,ve been in this thing back when USG was buying back shares to get share price up to $2 so they could get onto the AMEX. Then Sprott came on the scene and the buyback ended then a reverse split (10-1 I believe). Enter Hecla with a $1.90 take over offer to be turned down. Another THEN, Sprott owning maybe 12% of USG pushed Dumblummon on us for the 30% kick in the arse and oh by the way Sprott owed a lot of Dumblummon, don,t remember what percentage.
Today while I read the SPM web site and Goolge research I find out Sprott owns 1 1/2 percent of this company. Also lets not forget the boundry dispute where they look to loose 50-60% of there claim. All resource info goes out the window including the 43-101. They hope enough resources are left to finish the adjacent development.
Am I worried? hell yes-RC
