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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: BensonInvestor10/31/2006 8:24:53 AM
   of 78419
 
The whole wall of Bids in CCH.TO moved up on Monday.

There are 3.5 million shares on the bid right now (at .07 and .075). I see 1.7 million shares bid at .075 – that bid was at .07 on Monday morning – it shifted up.

The total bid depth is more than double where it was a few weeks ago.

Sprott Asset Management has purchased over half of the outstanding shares. Sprott is the most respected, and most important Mining and Natural Resources investment firm in Canada. The changed the financing deals 2 times in the last 6 months – each time increasing their investment.

I’m telling you guys – there’s something big going on here. Sprott (John Embry’s firm) knows their stuff.

I just posted my overall case for ownership on one of the “Value Investing” message boards (you can click my name to see my posts).
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