Trading Gold Stock Promotions Can Be Extraordinarily Profitable says Rick Rule

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. 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 Info on 2020 Sprott Natural Resource Symposium: https://hopin.to/events/2020-sprott-natural-resource-symposium If you would like Rick to review your mining stock portfolio reach out to him at: https://sprottusa.com/brokerage-services/rankings/# Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 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.