Eric Sprott’s Sprott Asset Management Cut Its Stake in Rochester Resources

Eric Sprott’s Sprott Asset Management disclosed its 2.6% passive stake in Rochester Resources Ltd. (RCTFF) today. According to the firm’s filing, Sprott Asset Management now remains 3.54 million shares in RCTFF in its portfolio. This is the only related filing after the firm reported 13.08 million shares in the stock on January 24th, 2011. Sprott Asset Management has invested in RCTFF since 2009. RCTFF is traded in OTC market. It has dropped 67% in 2011, and is priced at $0.028.

Sprott Asset Management is under Eric Sprott, who is the Senior Portfolio Manager of the Sprott Canadian Equity Fund, Sprott Hedge Fund LP & LP II, and Sprott Bull/Bear RSP Fund. He has a portfolio value of more than $1.1 billion, eighty percent in which are invested in Basic Materials sector.

Rochester Resources Ltd. is a Canada-based company. The company is a junior gold/silver producer engaged in the production, exploration and development of its Mina Real and Santa Fe Properties located in the State of Nayarit, Mexico. The Mina Real Property is a producing gold and silver mine. The Santa Fe Property is an exploration property. The Company operates through its wholly owned subsidiary ALB Holdings Ltd, its 80%-owned subsidiary Mina Real Mexico S.A. de C.v. and its 56%-owned subsidiary Compania Minera Santa Fe S.A. de C.V.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!