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eik

06/01/12 12:12 AM

#13583 RE: DrBill1 #13582

It's kind of mystery for me that Sprott still owns all his USA shares (confirmed by proxy documents). Usually Sprott doesn't hesitate to pump companies he invested in... and to sue them at the same time:
http://classicvalueinvestors.com/i/2011/09/aurcana-corporation-silver-producer-on-its-way-to-greatness/
He is suspiciously quiet about US Silver and just keeps losing money (more than 50% already). It's hard to believe that he doesn't have a plan. Is this plan good for other shareholders? That's a question. Sprott could be actually a part of USSIF problems.