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Message: Re: Sprott Moly fund

Jan 09, 2009 05:39AM

Jan 09, 2009 10:44AM

Jan 10, 2009 04:12AM

Jan 10, 2009 07:57AM

Jan 10, 2009 02:06PM

Jan 11, 2009 03:31AM

There may not be many sprott shares left to sell. According to the NR cash is $1.51 out of $1.75 fund unit value. ie. only 24cents held as stock. This implies a lot of the moly positions have been sold down already. Also other funds within sprott could acquire stock from the moly fund.

I believe nothing much has changed, we need a rebound in moly prices before much increase in share price can occur. Alternatively a merger or acquisition would at least give us something back.




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