Rick Rule, president and CEO of Sprott US Holdings, provides his insights on today's junior resource market and the opportunities available to speculators. Rick shares his key takeaways from the 2019 Sprott Natural Resource Symposium and comments on the type of money flowing into the gold equities. Rick offers his current thoughts on how investors might look to profit from the expected divestiture of projects by the gold majors after the wave of mega-mergers. He also talks about how junior mining companies are marketed and some ways investors can conduct due diligence on companies.
0:05 Introduction1:38 Key takeaways from 2019 Sprott Symposium5:11 Type of money flowing into gold equities7:32 Updated thoughts on investing opportunities as a result of the gold majors' mega-mergers9:54 Discussing junior mining stock promotion14:38 Upcoming catalysts and how mining companies market themselves18:41 What non-standard, potentially risky things junior miners do would you be okay with?19:42 Speculating in legal uncertainty plays22:07 How does being a libertarian inform your approach to resource investing?
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.