Trading Gold Stock Promotions Can Be Extraordinarily Profitable says Rick Rule

MiningStockEducation.com, Released on 7/14/20

0:00 Introduction
1:02 Significance of Sprott Inc.’s recent NYSE listing?
3:01 Will Sprott Lending be as profitable in a bull market as it was in the bear market?
5:16 Discount rate used when analyzing development projects?
7:51 When should a junior gold miner list on one of the large NY exchanges?
12:31 Discussing quality management teams
14:58 Trading Gold Stock Promotions Can Be Extraordinarily Profitable
19:26 Discussing Vizsla Resources Corp. and its recent C$25M bought deal
23:11 Discussing Argonaut Gold Inc. and its recent C$110M bought deal
27:12 Sprott Natural Resource Symposium goes virtual in 2020

In this interview Rick Rule, president and CEO of Sprott U.S. Holdings, shares investing insights learned over his four decades of success in the natural resource sector. He begins by explaining the significance of Sprott Inc.’s recent NYSE listing and answers whether Sprott Lending will be as profitable in this bull market as it was in the bear market. Rick discusses the discount rate and gold price Sprott uses internally when evaluating development projects. Rick points out that cynical, lone wolf traders can make extraordinary profits in this bull market just by trading gold stock promotions. He also provides an educational commentary on Vizsla Resources Corp.’s recent impressive drill results and whether it was wise for the company to agree to its recent C$25M bought deal. And Rick offers educational commentary on the wisdom of Alio and Argonaut’s merger and whether the recent C$110M bought deal offering is the right decision.

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.

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