This fund started about 18 months ago. Sprott's reputation helped raise the $5 initial value to over $6 in short order.
With the markets being as they are, the Participation Fund has lost half of its high value, since. Molybdenum remains at a good price, which surprises me to see this low share price.
At $3 to $3.30, imo, it looks like a good investment. If in at a higher level, a good time to average down. Molybdenum remains at a fairly constant rate of $34 US/lb.
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