Sprott Resource Corp Ord SCPZF

RE:SCP sells some ICD

[pmac2015]

This is great news and a move that makes sense given the prolonged discount to NAV. It's their only liquid position remaining so once this position is gone it will be interesting to see what is next. 

I'm hoping from here they continue to sell the ICD shares over the next few months until its gone. And buyback shares of SCP agressively. Once the cash is gone from the buyback have Sprott Inc, make a bid on the remaining assets at NAV and put the long term shareholders out of their misery. Might be wishful thinking but I feel its the only way to make up for how big of a disaster this investment vehicle has been.