One Way to Support a Stock Price …
December 12, 2012 at 11:54 AM EST
Just announced this morning, after a brief trading halt: Sprott Resource Corp (SCP.TO SCPZF) will begin paying a monthly dividend. This is effectively a closed end fund of investments in natural resource companies, along with some cash and gold. I’ve written about them many times and hold shares personally, and they’ve been buying back shares [...]