I was just checking out one of the MTR message boards and noticed Sprott have increased their holdings in MTR from 7.96% to 16.41% in the past week.
Does anyone know if/how much Sprott hold of MOD?
Could this be a large vote of confidence in the exploration side where MTR is still holding 30% as part of the JV?
In doing some more research on Lundin following Johns posts, I notice that they have had a good working relationship with Sprott in the past, so possibly the stake Sprott is taking in the Botswana venture could lend itself to potential talks with Lundin down the line if the resource can increase...?
Is Botswana friendly enough to mining that Lundin would be open to operating there?
(I have noted several times where Lundin's have indicated they prefer Canada, South America, Eastern Europe).
All speculation and just throwing thoughts around, so feel free to speculate with me or offer more enlightenment to the Sprott involvement and how it could contribute to MOD's future playing out.
MOD Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held