Wall St. For Main St., Released on 2/7/24
During this hour plus long interview and conversation about the state of natural resource companies and mining companies in gold, copper, uranium and platinum group (PGM) metals, Rick talks gold demand and gold mining companies having a major divorce or disconnect in terms of their valuations from the gold price. Many mid-tier gold miners with good profit margins find their valuations at a 30% to 50% discount to net asset value (NAV) relative to projected future cash flows from current metals prices. Rick also talks about the upside in Franco Nevada, Equinox Gold as Greenstone comes online and switches to cash flow positive, the Hod Maden mine in Turkey currently under construction and the long term uranium bull market. Rick expects a lot of mergers and acquisitions among mid-tier gold miners like Lundin Gold.
Over 200 articles, audio podcasts & interviews with experts exclusive for Patrons with 45 new articles & audio podcasts out in the last 31 weeks (and over 12 in the last 10 weeks)! Plus, you are helping keep the free content free so it doesn’t all end up behind a paywall. One of the best deals in the research space for only $5 per month! Come and join the almost 900 Patrons chipping in each month over on Patreon behind the paywall! Go to Patreon dot com slash wallstformainst or http://www.patreon.com/wallstformainst
Please visit the Wall St for Main St website here: http://www.wallstformainst.com
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.
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.