SPROTT RESOURCE HOLDINGS INC T.SRHI

I'm in

[Chemdog]

read the TD report last week...
and i need some Resource holdings in my portfolio...
my mom used to be invested in Sprotts gold fund and made a killing back 10 years ago...
so i bought some of his SRHI today

I will add if i see more dips....

[quicksilver545]

Ya, its certainly a buy at these levels. Very curious action today indeed. My take is that, if you look at the volume of ADI versus SCP leading up to the merger, ADI was way above average volume. I believe people were accumulating ADI due to the 1/4 warrant attached.  Now that the warrant distribution has passed, all those who popped in for the warrants are dumping their shares on the open

[Chemdog]

thanks for your response,  its amazing the mining and resource stockhouse boards are so different then the MJ boards(where i come from) thanks again for your DD, I am a small player to start and like to build a position, so this was first buy.. I have another bid in for 0.18 if it hits...great more shares...I just wanted this stock for 2 reasons... resource exposure to my portfolio and I

[Chemdog]

i got my 0.18 shares today.... I have learned slow and gradual accumaltion of a stock is much better then buying all at once... most of the time...unless the stock is at its absolute bottom... I have another bid in for 0.17 just in case....but don't think i wil get any of those...but who knows GLTA

[quicksilver545]

Nice buy, let's hope its bottomed out. I think the dumping by those who wanted the warrant is letting up slowly, and we should see less dumping on the bid in the coming days. I picked up some more at 19c yesterday.  With the recent spike in iron ore and increases in oil, I would expect the stock should start trading closer to NAV pretty soon. 

[Chemdog]

thanks yes i hope this is the bottom too... I am almost done buying one more bid set...at 0.17 if it hits great..if not no biggie... I am in this for the long haul....i will hold this for at least a year and re-evaluate...most of my stocks are long plays... with Oil and iron ore and the way the world is headed, these companies should be doing better