It semi-affects Latam so it gets in. This PR today told the world that Sprott Moly Fund (MLY.to) is going to distribute assets to shareholders due to the ongoing malaise in the moly market. Fair enough, so let’s see how that has affected the market today. Here is MLY.to compared to its four largest equity holdings, Thompson Creek (TCM.to), Quadra (QUA.to), Mercator (ML.to) and Inca Pacific (IPR.v)
Or in other words, “dump the shares, there’s cash being given away over there, boyz.”