GREY:SCPZF - Post by User
Comment by
pmac2015on Dec 05, 2016 12:36pm
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Post# 25555349
RE:conference call tomorrow
RE:conference call tomorrowWe will effectively be receiving 3 shares of ADI which trade on the venture exchange (ADI-V). They are currently at $0.18 which values SCP at 0.54.
The 70 cent valuation that Sprott Inc is investing at is basically just a sweetener to current shareholders to make us happy.