Monday, 2 May 2011

Eric Sprott defends selling his silver units

After a post this morning highlighted that Eric Sprott has sold about $34-million worth of units in his Sprott Physical Silver Trust (PHS.U-T19.48-2.17-10.02%), he wants to make it absolutely clear that he isn’t turning his back on the metal.

“We haven’t lost our enthusiasm for silver,” he told me Monday afternoon.

Read the full story at the Globe and Mail:

http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/eric-sprott-defends-selling-his-silver-units/article2007195/

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