Rick Rule: Threatened Pandemic Could Lengthen Resource Bull Market

Rick Rule, president and CEO of Sprott US Holdings, provides his insights on investing in today’s junior resource market and shares a possible scenario in which the coronavirus could lengthen the coming resource bull market. In this interview from the Sprott Inc. headquarters in Toronto, Rick offers a broker’s perspective on the recent gold stock sell-off and addresses whether gold royalty companies are overvalued now. He also addresses management teams to avoid and shares what to look out for in regards to a junior mining companies G&A expenses and IPO share structure. 0:15 Introduction 2:57 Broker’s perspective on recent gold stock sell-off 4:49 Technical damage from last week’s gold sector sell-off? 5:49 Commentary on small producers self-funding exploration 7:26 Private placements always need to offer warrants? 9:02 How often have you exercised PP warrants? 11:28 Discussing appropriate G&A expenses 15:14 Okay with management extending & repricing options? 16:11 Commentary on typical Vancouver IPO share structure 18:00 Are royalty companies overvalued now? 19:47 Discussing investable management teams 22:18 Final 2020 resource investing advice If you would like Rick to review your portfolio, per the instructions provided in the interview, email him at [email protected] Check out Brian Leni’s newly-launched subscription service: https://www.juniorstockreview.com/premium-subscription/ At checkout use code “Powers” for a 40% discount which is good for March 2020 only. Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 MSE receives no compensation for sharing about Brian Leni's new premium subscription. Aurcana Corp. is a MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.