As gold, silver, and copper skyrocket, Sprott Inc. is far from finished investing in natural-resources. Shares of Sprott Inc. shot up over 9% today after announcing it would buy three natural-resource firms in exchange for shares of SII. The firms will receive 20 million shares and up to another 8 million shares in 5 years based on performance.
Sprott Inc. IPO'd at the top of the market in 2008. It looks like they see natural resources doing very well in the future if they are putting their money to work aggressively right here right now.
