Canada's "Gold Guru" Has Something to Say On The Subject
Taken from Stockhouse, stockhouse.ca
" He repeated he did not own EXL professionally......He ended by saying that anyone holding SSR and EXL should
certainly hold both stocks if you own them".
Again taken from Stockhouse,
Professionally is interpreted as,
"John Embry of Sprott Securities said he does not own any EXL or SSR shares PROFESSIONALLY, ie. he does not own any in his Mutual Funds. What he did not say was whether his family, ie. his wife owns any shares of EXL/SSR. Mrs Embry is a big personal investor herself in Gold stocks which is separate, private and apart from John Embry's professionally managed funds investments. One has to read John Embry very carefully. He is one sharp, shrewd, veteran investor. That's why he used the word professionally. A lot of mutual fund managers, analysts, columnists, etc own stocks via their wives and family members."
Anyway, since we are all experts here, you can listen and hear his own words and formulate your own opinion:
12:30 PM ET
Market Call with Jim O'Connell
Junior gold and mining companies (and precious metals)
John Embry, chief investment strategist, Sprott Asset Management
Duration: 57 m 51 s Play
robtv.com
Good Luck to All
Cheers
Winzer |
