Back in June, IKN ran this tribute to ace stockpicker John Embry and his June 12th call on Colossus Minerals (CSI.to). News of the Embry call shook the investment world and was soon picked up by the company and slapped on PR releases and its own website. At the time we at IKN doubted His Embryness on the sagacity of his pick called the day CSI.to was priced at CAD$3.23, but credit where credit is due. After a mere eleven weeks the stock has gone positive on his call and now shows a magnificent nine percent profit.So warm congrats to Embry for his prescient recommendation. After all, there wasn't a single other Brazil-exposed gold play with impressive growth upside he could have called, was there?
And I nearly forgot; we have to applaud his boss too, as Eric Sprott is the biggest single owner of Colossus Minerals. Hey...you don't think that..? NAHHHHHHHDYODD, dude.