Uranium – Virginia Energy Resources Inc. (TSXV:VUI, OTCQX:VEGYF), a uranium development and exploration company, announced that it has already completed its expanded financing and it expects to issue common shares for a total value of $10,113,540.
Articles Tagged "sprott"
Palladium – Forbes reported that Sprott Asset Management announced that Sprott Physical Platinum and Palladium Trust will issue in its IPO of 28,000,000 units at $10.00 each.
Silver – Eric Sprott is CEO of Sprott Asset Management and a long-time proponent of owning both gold and silver. He is also a long-time proponent of the belief in the conspiracy theory whereby large financial institutions are colluding to drive silver prices down, as when prices fell from around $50 to $32 an ounce in May.
Gold – In February the Sprott Gold and Precious Minerals Fund was awarded the prestigious 1 year award for the precious metals fund category at the Lipper Fund Awards. The fund's previous accolades included the Globefund top Precious Metals Equity Fund in Canada for annualized return since inception in 2006.
Moly Investing News reports base metals were given a boost at the beginning of the New Year 2009. These traders also said that the market has not hit the bottom yet, due to a few aggressive sellers who appear to have large stocks. They added that it “is not bottoming out; it is now hitting [...]
Sprott Moly fund is being “unwound”. They are distributing the assets to shareholders. ELN - high grade copper on Democratic Republic of Congo including 7m of 7% copper and 21m of 2.4% copper. $2.7m cash. LAT – 7g/t gold in Paraguay. $5.2m in cash GEM – lots of uranium drill results in Ontario. All low [...]
Moly Investing News reports molybdenum price is impacted by the slow buying by the Chinese. Molybdenum is already in a tight supply situation that has been aggravated by recent shutdowns and output curtailments. Moly demand typically grows at a rate of 4 per cent to 6 per cent each year, and in order to supply [...]