Catching up with Rick Rule from Sprott US Holdings at PDAC 2018.
"Some of the transactions in the mining space that were more questionable have failed. I think the dumb money has gone to crypto and marijuana. From my personal point of view, good riddance. That money shouldn't be in our space."
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.