Stock Market Wealth


by | Stock Market Wealth

Not a Secret Anymore


There was an Australian company named Crocodile Gold back in the day. It owned a gold project, but its management team didn’t see its geological or economic potential. The work that their geologists did wasn’t yielding a major discovery.

The property was then owned by a company called Newmarket Gold after the two merged. Upon making some promising drill holes and announcing them, multimillionaire mining tycoon Eric Sprott started buying shares.

We don’t know exactly how big his position is, but it is speculated that it was about 8% of the outstanding shares. Eric Sprott took a proactive approach and sent his “secret agent” to Newmarket’s gold property to independently examine it and report back.

At the time, Newmarket Gold’s geologists, the people that analyzed and dissected the geology of their drilling results, believed that they’d discovered a small, high-grade pod.

Eric Sprott’s secret agent thought otherwise…

He told the geologists that they’re not fully appreciating what they have and that only a deep hole, 800 meters or such, would prove that they probably own a monster of a deposit.

He wrote to Mr. Sprott that he believed it was an “epizonal regime” and that his recommendation was to drill deep because the deposit might be WORLD-CLASS in size and grade.

Mr. Sprott took the advice and implored management to spend the big bucks and drill deep, which could have ended in a big nothing and a lot of cash burn. He did this while also significantly increasing his position in the company’s shares.

Eric Sprott wasn’t a billionaire before this deal, but after the “secret agent” advised him and the management really gambled on that drill hole and went for it, resulting in the discovery of the “Swan Zone,” which was later bought by Kirkland Lake Gold, it made him a BILLIONAIRE.

Kirkland Lake was recently acquired by Agnico Eagle for over $11 billion!

Mr. Sprott’s “secret agent,” his “geologist spy,” is Quinton Hennigh, one of the only geologists, who really understood the potential of Fosterville Mine, which turned out to be the highest-grade, lowest-cost gold mine in the industry, making Eric Sprott hundreds of millions of dollars.

Dr. Hennigh’s report was worth hundreds of millions of dollars, and he now believes that there’s a little-known gold project that is one of the most attractive gold deposits in the world and I’m going to SHOW YOU EVERYTHING about it!

Best Regards,

Lior Gantz

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