The David Lin Report · Tuesday, September 8, 2026
Precious metals investor Eric Sprott has made significant investments in Gold Group Mining (ticker: GOO), a company producing gold and silver. Sprott has invested millions in multiple tranches, indicating strong confidence in the company's prospects. Gold Group Mining owns producing mines and development projects in North America, including the Don David Gold Mine in Mexico.
“And billionaire precious metals investor Eric Sprott is putting his own money into the sector. In fact, Sprott owns approximately 7.6% of today's sponsor, Gold Group Mining, ticker symbol GOO, on the NYSE American Exchange.”
“Based on public filings, Sprott invested approximately $6.75 million Canadian dollars in Gold Group in March of 2025. Another $1.5 million Canadian dollars in August of 2025 and then purchased an additional 325,000 shares in the open market in August of 2026 for approximately $1.27 million Canadian dollars.”
“The first is the Don David Gold Mine in Huaca, Mexico, Gold Group's flagship underground operation. Don David produces gold and silver alongside zinc, lead, and copper concentrates, giving the company exposure to several metals from an established producing asset.”