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Gold/Mining/Energy : Sprott Resource Corp (SCP.TO)

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To: TheSlowLane who wrote (11)12/15/2009 2:57:06 AM
From: Amark$p  Read Replies (1) of 247
 
Am thinking SCP will store/insure their physical in same vault as PHYS.

Thus some econonmies of scale for SCP as it will pay lower gold storage/insurance/admin costs.

Although oil & gas will do fine, I would still prefer SCP concentrated mostly on agricuture, special situations, and gold. Energy investments other than O&G are fine with me. Just do not think Sprott has as much expertise in O&G. Personally, I wish SCP would put 3-5% of their assets in uranium via U.to and/or get a similar agreement with Denison to store Uranium like U.to (i.e. purchasing uranium on spot market from Denison and storing it with U.to).
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