Based on the 1st qtr Book Value, there is a good chance the dividend would be cut. I estimate $.028 month. I t think that is why the price is dropping fast. I am in for the long term and not sure if I should load up on more. Any other thoughts?
The dividend aside, as long as gold continues it's downward spiral this stock will be under pressure. The thesis for investing in this stock is still intact. Global money printing will cause inflation so gold will move back up eventually. They have interests in oil, farming, uranium, etc. which are going to benefit from increased demand over time.
Is there a modeling for gold's impact on Sprott stock price, ie. for each $100 drop in gold, what is its impact...if gold goes to $1150, what is Sprott selling for...$2.50? And for dropping gold, why does it impact dividend, as income is coming from Gas, Oil, Uranium, etc. I don't believe gold is source of cash flow??