Sprott Global Resource Investments Private Equity. Real Assets.
 

Gold Bullion

Between the fourth quarters of 2008 and 2009, Sprott Resource Corp. took a significant position in gold bullion, investing a total of $75.4 million to purchase 73,971 ounces of gold. This purchase was part of our strategy of protecting capital and preserving wealth. In August 2013, Sprott Resource Corp. sold 14,142 ounces of physical gold bullion for a gain of $6.7 million. In November 2013, Sprott Resource Corp. sold the remaining 59,829 ounces of physical gold bullion for a gain of $18.5 million.