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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 > Corsa Coal up 33% increases our NAV CDN$9M
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Comment by pmac2015on Sep 22, 2016 3:44pm
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Post# 25267226

RE:RE:RE:RE:Corsa Coal up 33% increases our NAV CDN$9M

RE:RE:RE:RE:Corsa Coal up 33% increases our NAV CDN$9MYes I am still hopeful that the share price can get to over $1/share in the not so distant future. 

My suggestion would be to begin selling the ICD shares in the open market and use that money to buy back SCP shares. That would close the discount quite dramatically and give the other positions time to recover and realize value. Management would just have to accept a huge loss on ICD. 
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