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Gold/Mining/Energy : Sprott Resource Corp (SCP.TO) -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (75)4/28/2010 11:27:16 PM
From: Claude Cormier  Read Replies (1) | Respond to of 247
 
Slowly increasing value. The market will eventually wake up. Or maybe we will simply have to wait for SCP to sell some assets at the high price a few years down the road.



To: Amark$p who wrote (75)4/30/2010 8:39:54 AM
From: David Semoreson1 Recommendation  Read Replies (1) | Respond to of 247
 
yes, NAV is now even easier to calculate: i get $5.87 fully diluted which is a 26% discount. if the warrant holders don't exercise (ie: stock isn't above $4.25 in december) then the NAV is $6.15 which is a 29% discount.

so if you like OIP, ST, GLD and One Earth, this is a great opportunity for a superbly-managed, and well-discounted package deal.


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