In January 2012, I wrote “All that glitters” reviewing the investor experience in Sprott Inc. which was then trading at $6.00 from its much celebrated and heavily promoted Initial Public Offering at $10 at the commodities cycle peak in May 2008. Having once more appeared with confident and seemingly unbowed Sprott representatives at the recent resource conference in Vancouver last week, I was prompted to check in once more on investor returns over the past now 5 years. The answer: -70%. Here is the chart.
