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AGORACOM INTERVIEWS ERIC SPROTT: Eric Discusses UC Resources $1.5M Investment INTO Sprott + Current And Future Silver Path

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Re: The Board A question for JOHN SIMMONS

posted on Oct 15, 07 07:33AM

John: Since there is very little interest in posting on this board - I have reviewed the other board and 'clipped' this question posted from a shareholder who was active on this board. I would like your response on this board plaese.

Clipped as follows:

By: mceliott Send PM Profile Ignore Recommend Add To Favorites
Posted as a reply to msg 548 by mceliott
Re: NewLook Shares

Is there some benefit here that we're not seeing? Can someone chime in here and explain just who benefits from this?

It seems that the shareholders of Eiger benefit; as WLSA money flows to them. WLSA money also flows to Morningside Capital.

I don't have a problem with WLSA buying stock....but is this the time to do it? Cash is precious right now. And is NLI.V worth buying?

I would not be surprised to see a 3-way merger of WLSA, NewLook, and Eiger. Of course, insiders will benefit!

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