RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:****RCG SOLD FOR A BARGAIN**** $1438 gold ******why 14c ?
repeating a previous post
$18.2M was invested between June 2016 and June 2018 at 14c
Sprott's average is similar at 15c
174.8-45.3 = 129.5 shares
33.2 -15.1 = $18.2 invested
18.2/129.5 = 14c/sh
I see it as ball park estimate of value.
As in might be left field not specifically right field.
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Notes:
Elsewhere traders have noted that open market price does not follow Sprott's cost.
Probably the difference short term speculators and investors.
And not all of Sprott's investments work out.