Sprott Resource Corp. (NASDAQOTH:SCPZF)

CAPS Rating: 5 out of 5

Results 1 - 20 of 20

Recs

0
Member Avatar loangolfer (< 20) Submitted: 9/10/2013 10:12:31 AM : Outperform Start Price: $2.78 SCPZF Score: -28.04

Yeahbuddy79 picked this in '08 and gave it a 4 year window, time for it to come back!

Recs

0
Member Avatar FNN31 (28.36) Submitted: 8/12/2013 10:11:10 AM : Outperform Start Price: $3.41 SCPZF Score: -44.08

SCPZF will release earnings this week. Book value should drop to around 370M based on revised valuations of their gold holdings and also Long Range. Current Mkt cap is still significantly below 370M. While gold could go down further, it can also rebound. Bambrough and Co have shown an ability to create good value in the past investing in dpressed assets where they see an opportunity to add value; expecting they can continue this.

Recs

0
Member Avatar AnsgarJohn (98.84) Submitted: 7/24/2013 6:09:16 PM : Outperform Start Price: $3.52 SCPZF Score: -46.89

Needs homework. Holding physical gold is not smart... Canadian private equity with 10% dividend. Do homework before ending.

Recs

0
Member Avatar winebroker2000 (< 20) Submitted: 7/23/2013 6:20:20 PM : Outperform Start Price: $3.58 SCPZF Score: -46.98

This is the only logical investment sector for the [uncertain] future we face, as the world's government printing presses race each other's currencies to the bottom . . .

This fund invests in energy, agriculture, and precious metals. All real, all in demand, and all inflation proof.

Recs

0
Member Avatar chitownjester (93.99) Submitted: 5/27/2013 12:59:44 PM : Outperform Start Price: $3.85 SCPZF Score: -53.78

Jim Royal

Recs

0
Member Avatar gaaronpaul (< 20) Submitted: 4/4/2013 3:55:13 PM : Outperform Start Price: $4.14 SCPZF Score: -68.21

Excellent fund manager- Kevin Bambrough. Extremely conservative guy who is positioning the portfolio to make money in any market- including a crash. Does an excellent job of exploiting the gap between what he can acquire a company for on the private market, and what the public market is willing to pay for that same company. Currently selling below book value, and Bambrough pays out a dividend equal to 10% of book value annually.

Recs

0
Member Avatar azinsd (< 20) Submitted: 3/30/2013 11:45:14 AM : Outperform Start Price: $4.30 SCPZF Score: -68.35

Oil gas food farms beef and best hard resource mgrs around

Recs

0
Member Avatar freecapital (73.74) Submitted: 3/21/2013 8:25:52 PM : Outperform Start Price: $4.18 SCPZF Score: -68.21

gum/alex

Recs

0
Member Avatar TMFRoyal (98.20) Submitted: 12/19/2012 10:48:18 PM : Outperform Start Price: $3.95 SCPZF Score: -73.92

Recent dividend initiation gives this stock legs.

Recs

2
Member Avatar lkingforfreedom (< 20) Submitted: 12/13/2011 6:38:39 AM : Outperform Start Price: $3.64 SCPZF Score: -89.94

Sprott Resource Corp. trading below book. hard assets including oil & gas, precious metals and farming. large insider ownership.

Recs

2
Member Avatar ellipsoid (64.76) Submitted: 12/12/2011 3:26:54 PM : Outperform Start Price: $3.64 SCPZF Score: -91.41

Sprott Resources is one of my favorite ideas as they own real/hard assets. They are heavily in vested in canadian energy and also have investments in canadian farm production. Recently, management annouced a share buy back facility that would be used when the stock is below fair value and they have been buying back shares with that facility. Also, management has announced that they are reviewing one of the companies energy holdings for potental sale. A sale of this holding could show the market the true value of Sprot Resouces and propell the stcok higher. This is a hedge fund style investment vehicle that is availible to the average investor via the US pink sheets and the Toronto Stock Exchange (SCP).

Recs

0
Member Avatar vitrified (98.39) Submitted: 12/8/2011 1:24:28 PM : Outperform Start Price: $3.60 SCPZF Score: -89.65

Natural resource play selling cheap.

Recs

0
Member Avatar kkconway (99.27) Submitted: 10/7/2011 1:58:24 PM : Outperform Start Price: $3.50 SCPZF Score: -99.61

Little known Canadian company with proven management soon to pounce on the eventual turnaround.

Recs

0
Member Avatar exi1ed0ne (< 20) Submitted: 5/13/2011 7:54:43 PM : Outperform Start Price: $4.65 SCPZF Score: -94.45

Because it's good, and Evil wants to own Good

Recs

1
Member Avatar mypieceofpie (< 20) Submitted: 4/5/2011 12:31:38 PM : Outperform Start Price: $5.19 SCPZF Score: -99.80

The open relationship with the First Nations in Canada is a huge deal. The companies that Sprott has interest in lease land from the FN and that is not easy to get. Look at Taseko Mines (TGB) and their on going proplems with Prosperity.
I am very interested to see how One Earth Farms matures into one of the biggest farms in the world.

Recs

0
Member Avatar jsgant13 (98.88) Submitted: 3/25/2011 10:06:19 PM : Outperform Start Price: $5.18 SCPZF Score: -102.02

spec

Recs

1
Member Avatar ebigmac (< 20) Submitted: 3/5/2011 2:43:19 PM : Outperform Start Price: $5.49 SCPZF Score: -103.28

With Sprott, a key "mover and shaper" in the Canadian resources market at the helm, this is expected to capitalize on his knowledge and experience. Also, with the Canadian dollar above the US dollar but historically operating at an average of 80% of the US dollar, there is a significant forex upside, shoudl the Canadian dollar fall back to the 80 cent range

Recs

1
Member Avatar adi101 (85.87) Submitted: 2/12/2011 7:46:34 AM : Outperform Start Price: $5.06 SCPZF Score: -99.33

hedge fund with real value investments: gold, coal, gas, oil and farms in ... Canada.

very good record of value creation and decent payment also 2&20.

Recs

0
Member Avatar austinisp1 (< 20) Submitted: 2/2/2011 5:15:42 PM : Outperform Start Price: $5.17 SCPZF Score: -103.45

World scramble for food is only going to get more intense. Canada one of the stablest places for agribusiness and has always been major producer...this venture is resources(food,minerals and infrastructure) rolled into one with a terrific currency tossed in the mix.

Recs

2
Member Avatar YeahBuddy79 (98.06) Submitted: 5/6/2008 4:00:28 PM : Outperform Start Price: $3.29 SCPZF Score: -68.84

News Releases

TORONTO, May 6 /CNW/ - (TSX:SCP) - Sprott Resource Corp. ("SRC")

announced today that it has entered into an agreement with Altius to explore

for potash in the St. George's Basin in Southwestern Newfoundland.

"SRC is excited to be working with Altius, a company with great

exploration expertise and proven success in Eastern Canada. We feel that there

are excellent opportunities for potash exploration in Eastern Canada, which

has a lower cost profile than the Saskatchewan Potash Basin," states Kevin

Bambrough, President and CEO of SRC.

The St. George's Basin is geologically analogous to the Moncton sub-basin

in New Brunswick, which is Canada's second major potash mining district.

Under the agreement SRC may earn an interest in a large land package that

has been assembled by Altius to cover several known potash occurrences within

the basin. SRC may earn up to a 60% interest in the St. George's Project by

spending C$2,500,000 over 4 years subject to an underlying 2% gross sales

royalty retained by Altius.

The St. Georges project consists of 1,400 claims (35,000 hectares) to

cover four primary target areas for potash deposits. These targets feature

historical potash drill intercepts, low gravity anomalies and salt springs

that are underlain by a relatively unexplored evaporite-bearing sequence. An

exploration program to evaluate the area and to identify drill targets has

commenced.

In addition to the St. George's Basin joint venture, Altius and SRC have

also signed a strategic alliance regarding the assessment of potash

exploration opportunities in Canada. Under this agreement, the two parties

have agreed to collaborate in the acquisition and exploration of potash

projects in Canada.

About Altius

Altius' business activities include the generation and acquisition of

projects related to natural resources opportunities mainly located in

Newfoundland & Labrador.

About Sprott Resource Corp.

SRC is a Canadian based company, the primary purpose of which is to

invest, directly and indirectly, in natural resources. Through acquisitions,

joint ventures and other investments, SRC seeks to provide its shareholders

with exposure to the natural resource sector for the purposes of capital

appreciation and real wealth preservation. SRC is well positioned to draw upon

the considerable experience and expertise of both its Board of Directors and

Sprott Consulting Limited Partnership (SCLP), of which Sprott Asset Management

Inc. is the sole limited partner. Pursuant to a management services agreement

between SCLP and SRC, SCLP provides day-to-day business management for SRC as

well as other management and administrative services.

Forward Looking Statements

Certain statements regarding SRC, including management's assessment of

future plans, may constitute forward-looking statements under applicable

securities laws and necessarily involve risk, including without limitation,

risks associated with mineral exploration projects. SRC's actual results or

achievements could differ materially from those expressed in, or implied by,

the forward-looking statements. No assurance can be given that any events

anticipated by the forward-looking statements will occur. These

forward-looking statements, which are based on management's current

expectations, are made as at the date of this news release. SRC does not

undertake any obligation to publicly update or revise any of these

forward-looking statements, except as required by applicable securities laws.

Ok I going of a hunch that there should be a spike a long the way.

Results 1 - 20 of 20

Featured Broker Partners


Advertisement