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Industry Discussions / Real Estate Inv. Trusts: REITs


Subject:  Re: SCPZF: Not all that glitters... Date:  2/10/2013  8:34 PM
Author:  aleax Number:  73665 of 78775

Sprott announced an eye-popping dividend a few weeks back, and it got mentioned on this board as a farmland play. See this link and read the comments as well as the article.

Alas, it's gone behind a paywall now. Wonder if a freely readable copy exists anywhere. I did read the article back when it was free, but don't recall every detail (it was a long and extremely detailed analysis).

Roughly 25% of Sprott is gold bullion, 25% agriculture (both farms and fertilizer producers), 50% energy.

One can read the financial statement as of end of Sep'12 at -- and yes, there's a recorded loss, though it's a non-cash loss due to large impairments in investments WestFire and Guide (before they merged to form "Long Run Exp