Rule: “There are a great many things I think the KWN readers will want read in this interview if they are looking for glimmers of hope in the gold, silver, and resource markets. First, has been with regard to our Sprott mutual funds we are seeing net inflows, as opposed to redemptions, for the first time in a long time....
“The net-flow of funds at the Sprott level has been positive, which as you know hasn’t been the case in this bear market in the last 3 years, Eric.
The second thing is that we recently signed and funded a joint venture with the incredibly large Chinese state-owned mining company. This will show that outbound investment by the Chinese government into the junior mining sector, which is what we’ve specifically been charged with, is alive and well.
The third thing is that we expect to be able to announce a similar joint venture with another name-brand Asian investor by the end of 2013. Once again, this is testimony to the fact that Asian strategic investors are back in the junior mining sector in earnest..."
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