SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Sprott Resource Corp (SCP.TO)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shakes who wrote (4)12/12/2009 11:49:50 AM
From: TheSlowLane  Read Replies (1) of 247
 
shakes - that makes sense to me although I must admit that I am not very far along in moving in that direction. One thing that I came across while going through the SCP web site this week that I may have to go back and check on is the fees. At first glance, it looked like a standard 2/20 structure that you would find at a hedge fund (2% of assets under management, 20% of profits). Have you checked that? I may be wrong on that but fees like that would certainly be way higher than your average ETF or mutual fund. Of course, if they deliver performance that merits that kind of a cut then I can't complain.

The other thing that looked potentially interesting is the warrants. I wonder if anyone has looked at those. I think they are exercisable at 4.50 with a 12/2010 expiration. I have not really done anything with warrants before but was thinking it might make an interesting companion investment to a larger position in the stock.

Best,

tsl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News