FRMO
FRMO CORP
stock OTC

Yep, have a small position in SII. Sprott Resources was a small public/private vehicle many years ago that never caught on/did particularly well and eventually was reverse merged into something else, then eventually bought. I think it was repurposed into a lending vehicle at some point along the way, as well.
FRMO is where it was 20 years ago and down 50% in the last 5. Could have done a lot better (+90%) in their flagship mutual fund which doesn't have the same holdings but certainly does share similarities (TPL/bitcoin emphasis.) The holding company hasn't done well in the last 5 years but it feels like what has gone right in FRMO's holdings in the last 5 years hasn't registered at all. At some point should just wind it down or sweep it under the holdco rug.

Sprott (SII) has actually had a great run. It's a wonderful play on commodities!
I'm familiar with FRMO. Agree that it's a bit messy. Sort of an HK hodgepodge fun.

Am long.
In terms of Horizon Kinetics, FRMO also long although I gave up on that a while ago - starting to feel a *little* like their version of the former Sprott Resource Corp.

Yep, have a small position in SII. Sprott Resources was a small public/private vehicle many years ago that never caught on/did particularly well and eventually was reverse merged into something else, then eventually bought. I think it was repurposed into a lending vehicle at some point along the way, as well.
FRMO is where it was 20 years ago and down 50% in the last 5. Could have done a lot better (+90%) in their flagship mutual fund which doesn't have the same holdings but certainly does share similarities (TPL/bitcoin emphasis.) The holding company hasn't done well in the last 5 years but it feels like what has gone right in FRMO's holdings in the last 5 years hasn't registered at all. At some point should just wind it down or sweep it under the holdco rug.

Sprott (SII) has actually had a great run. It's a wonderful play on commodities!
I'm familiar with FRMO. Agree that it's a bit messy. Sort of an HK hodgepodge fun.

Am long.
In terms of Horizon Kinetics, FRMO also long although I gave up on that a while ago - starting to feel a *little* like their version of the former Sprott Resource Corp.