Sprott Resource Corp Ord SCPZF

RE:managment

[pmac2015]

Yeah the deal is blatant. Its set up so that Sprott Inc, can maximize its ability to earn management fees off of these assets. The second priority is for SCP managament to maintain their high paying jobs. Shareholders of SCP just happen to be along for the ride.

Management did say that they would reduce the discount to NAV, and raising equity at a discount to NAV does reduce NAV/share. 

It is a misleading statement in the release when they talk about increasing NAV. Why are they allowed to have misleading statements in their release? Why aren't they required to show the actual effects of the deal to SCP shareholders (NAV/share)? This is a public security but they are not treating it that way. It's very disappinting.