MiningStockEducation.com, Released on 12/20/21
Rick Rule shares how he would time junior mining stock buys and sells in this 40-minute discussion with Bill Powers and Brian Leni of JuniorStockReview.com. Rick also discusses the possibility of a bullish 2022 for gold. Numerous other topics pertinent to resource investors and speculators are addressed. Rick offers his thoughts on recent gold sector M&A as well as the Kinross-Great Bear deal. He shares some insights regarding how he critiques management teams and determines when to sell or hold a stock that is underperforming. Finally, Rick offers to review listener’s mining portfolios.
0:00 Introduction
1:18 How Rick times jr mining stock buys & sells
3:34 As a broker, Rick would fire some clients
5:45 Gold in 2022?
11:07 Sprott Lending financing a mine amidst inflation
14:11 Gold sector M&A
18:05 Kinross buying Great Bear
21:22 Using stop losses on mining stocks?
24:26 Value investor dilemma: selling underperformer for perceived value elsewhere?
27:59 How to access an executive’s forward-thinkingness?
30:34 Good asset but ineffective management…what to do?
32:00 Good management teams fail
35:33 Street votes no-confidence in management but they are good technically
38:37 Rick will review your portfolio
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.