GOLDEN PHOENIX MINERALS, GPXM Message Board

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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

GPXM 0.000001000

-99.0%

May 28 1:24 PM EST

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From: zappy	5/10/2007 11:06:08 PM
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More Sprott news from the RB board. gp and all, take a look at the SEC form SC 13G filed at 15:49 EST. Am I reading this right, that Sprott Asset Mangement owns 15 million shares and the Sprott Moly fund owns another 15 million? Even if it is only 15 million total, that is still more than we thought they owned right now. nasdaq.com Belgie... that is some incredible news.... it looks like Sprott is reporting an 8.2% stake in the company or 15 of the 183 million shares. I believe that Sprott Asset Management and Sprott Moly Fund own the same 15 million shares. But, that would mean that Sprott acquired 13 million shares outside of the private placement shares previously reported. That is a huge stake in this company. I pose the question, would Sprott take such a huge position in GP if it didn't already know something huge is forthcoming from the previously announced 4 week exploration. Maybe they have already done some preliminary sampling of their own?

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