Major shareholder in company. Prospects excellent going forward. Has invested in the management team for years. Equinox as shareholder very good. Stock performing very well (not a cheap valuation).
Excellent management team. Track record of successful discoveries. Too early to tell quality of recent find. Takeover target if assets of high quality. Good for long term holders.
Took on too much debt. He sold. Likes management and the assets, but not the balance sheet or income statement.