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SPROTT RESOURCE HOLDINGS INC T.SRHI

"Sprott Resource Holdings Inc invests and operates, through its subsidiaries, in the natural resource sector. It has investments in oil and gas exploration, production and services, mining and agriculture."


TSX:SRHI - Post by User

Comment by nickbillfishon Feb 23, 2019 8:53am
123 Views
Post# 29403525

RE:RE:Projected year end NAV should be approximately C$6.00 + or -

RE:RE:Projected year end NAV should be approximately C$6.00 + or -Bottom line no way this should of been down Friday.  Expect a major rise in price next week with Trump announcing late Friday a trade deal with China imminent.    Plus

1.  SRHI should be announcing MTV expansion financing any moment.   Non event as we have funds to expand our 70% share.  Copper prices have upward momentum finally.   Mine was set to generate $11M in cash flow at lower prices this year so that should be higher and our share 70%.

2.  Corsa and Inplay both increasing production in 2019 and their stocks extremely oversold or at lows.   Both are profitable entities.    No reason their shares can’t be 30-100% higher in 12 months.

3.  Cash on hand is US$20M or about 1/2 the current share price,.     I’m sure some value to be created with this cash or offer another short term loan paired with Sprott to make 10%.

4.  Expect Beretta Farms to be revalued this year or sold much higher than being carried on the books.
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