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Message: Sprott Moly fund

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molyplay

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Re: Sprott Moly fund

in response to Re: Sprott Moly fund by mzsmith

posted on Jan 13, 09 04:38PM

encouraging that hopefully they have sold most? i dont really get how thats encouraging. what do you mean? if sprott has sold all of his position it is 10X more discouraging why he has done so. the fact that he essentailly calls the metal dead for many many years doesnt really encourage me with the postition i am holding.

sprott lost his ass on it and mid-long term(3-5 years) he believes he is much better of putting his money to use elsewhere is what i read from him. that is the decision for all longs currently out here.

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