4 Buy Ideas From PM-Focused Hedge Fund Sprott Asset Management

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4 Buy Ideas From PM-Focused Hedge Fund Sprott Asset Management

Always interesting to see what Sprott Asset Management is buying.

"Sprott added $20 million to its $810 million position in the gold and silver industry. Four attractive buy ideas from its portfolio include Barrick Gold Corp. (ABX), Extorre Gold Mines Ltd. (XG), Silver Wheaton Corp. (SLW) and Eldorado Gold Corp. (EGO). Sprott added its largest new $26 million position in Extorre Gold and added $14 million to its $12 million prior quarter position in Eldorado Gold; it cut $18 million from its $67 million position in Barrick Gold, cut $15 million from its $77 million position in Silver Wheaton (SLW), cut $8 million from its $25 million position in IAMGOLD (IAG), cut $6 million from its $81 million position in First Majestic Silver Corp. (AG), and it dropped its $6 million position in Newmont Mining Corp. (NEM). "

http://seekingalpha.com/article/277124-4-buy-ideas-from-precious-metals-focused-hedge-fund-sprott-asset-management?source=yahoo

Edited by admin on 11/08/2014 - 06:09
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