Long Run Explor Ltd Ord WFREF

RE:The Sprott Factor

[99999gold]

qwqw wrote:
Sprott still owns 12% of LRE and paid $100 mil for the privilege (current value $65 mil).
Sprott has influenced LRE's decisions over the years including the mergers and paying a div.
It was Sprott's idea for the div and cutting it would not be in Sprott's interest.
Sprott's investments have been mediocre at best and badly needs a home run.LRE being sold
off would do the trick.The div will likely remain intact until the sale.

the last time I check sprott doesn't control the underlying commodity price, if they can influence the compnany to pay a dividend they can also influence it to cancel rather than dilute - which will likely happen anyways. Look/read the balance sheet and forget about everything else.