0:00 Introduction0:38 What is a tradable shell company worth now?4:51 Exploreco with only one flagship project less desirable?6:30 Development stage projects8:56 Copper and copper projects14:30 North American investors & ASX mining stocks17:53 Ely Gold Royalties acquisition by Gold Royalty Corp.21:41 EMX Royalty to be taken over soon?24:32 What did Rick Rule learn at his Symposium this year?
In this interview a semi-retired Rick Rule offers mining stock wisdom via a 30-minute discussion with MSE host Bill Powers. Rick discusses what a tradable shell company is worth in today's market. He shares about what he looks for in explorecos and develop projects. Rick is bullish on copper and talks about why some copper projects were not developed in the previous cycle. He addresses the need for North American investors to pay attention to the Australian mining market. Rick offers his analysis of Gold Royalty Corp.'s acquisition of Ely Gold Royalties. Finally, he shares about what he learned from the Rule Investment Symposium this year.
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.