spoke to paul donaldson, page-11

You must also remember sprotts initial investment in STB was at 35c back in 2008 if i remember correctly. So they are not necessarily selling for a loss. Maybe just reducing exposure, not sure, but selling has not been significant enough to create concern on their part. Still I wasn't overly thrilled with the 50/50 jv announcement last year that left many questions unanswered, Lorry's only downfall as CEO imo. This vague Ann. caused concern with investors, hence the sell down from 90c. Hold tight