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Sprott Resource Corp Ord SCPZF

Energy Oil & Gas E&P
"Sprott Resource Corp 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."


GREY:SCPZF - Post by User

Sprott Resource Corp Ord
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Comment by presto10on Feb 01, 2009 12:27pm
537 Views
Post# 15743740

RE: SCP is worth $ 3.15 in just cash

RE: SCP is worth $ 3.15 in just cash$2.25 is a strong support level and you can see the descending triangle come to this level.  The next support level is $2.00, the level that Eric was buying back at like there was no tomorrow.  SCP is probably selling under cash on the balance sheet but to suggest they have $3.15 in cash is much too high an estimate. 
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