MiningStockEducation.com, Released on 10/15/23
“I’m in Junior Mining Stocks for 1,000% Gains” explains Rick Rule. Plus, in this episode, you’ll learn why Rick crushed it in 2023. As usual, he offers numerous junior mining speculating insights and tips. A good portion of the interview centers around discerning the economic studies that developers publish and what an investor might do with those documents. Rick is also bullish O&G stocks, particularly in Canada.
0:00 Introduction
0:41 Are mines found or made?
1:22 “It’s not difficult to raise money for good exploration projects.”
2:54 Does flow-through financing possibilities tend to yield lazy executives?
3:54 Should inferred resources be able to be included in PEAs?
5:17 Is “optimization” of an economic study usually done for promotion?
7:15 Can you pick apart your own Rick-Rule-ism proverbs?
8:57 When price is not indicative of value…what do you do?
12:18 Would you invest in a developer that needs ore-sorting tech to be economic?
13:17 In this cycle will developers try to build mines based only on a PEA?
14:10 Vetting a DFS…how can it be done?
18:44 Outsized position sizing in a portfolio
20:08 Managing a jr resource portfolio through a recession & credit crunch?
22:32 Rick Rule bullish oil and gas & Canadian oil stocks
28:47 Bullish electricity as a commodity
30:38 Investing in both O&G and renewables is not a conflict (for Rick & Bill at least)
32:18 Improving economics of decentralized renewable systems
34:21 “2023 was pretty good for me.” Rick invests for 1,000% gains.
36:32 Rick’s upcoming (Oct 21st) Royalty & Streaming Bootcamp
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.