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

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To: TheSlowLane who wrote (15)1/11/2010 4:23:10 PM
From: Amark$p  Read Replies (2) of 247
 
Using presentaion slide and SCP 79.3% ownership interest, I believe after the amalgamation, there are only 78M shares issued and outstanding of OIP.
orionoilandgas.ca

Per SH post:
stockhouse.com
SCP paid about $84.6M for OIP and SCP's 79.3% ownership of the current market cap = about $112M. Thus, SCP has an unrealized gain of about 32%. That is: $27M profit. Take $27M and divide by 96.62M shares outstanding, you get $.28 increase to NAV.
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