Very cool, thanks for sharing your interaction with a great mind! This program is a million dollars and weve already been able to have another 50% as a new additional budget into the program each year for just the greenfield starting in the programs. His particular advantage, though, was that he looks at deal structure from the customers point of view because John-Mark used to represent BHP in these negotiations and after that represented Tecks interest in those negotiations. GOOD VIBES ONLY I was particularly attracted to the fact that John-Marks pedigree and the pedigrees of his team were particularly well suited to the task at hand. We had a young intern here years ago who told me that my experience was three standard deviations better than the industry experience as a whole. That is where they have an ore body into a deposit, but still over 35 or 40 years of speculating in exploration. Rick Rule, president and CEO, Rule Investment Media LLC. You are now leaving Sprott.com and entering a linked website. Thats often asked and I think right now we have four different programs going in 2020 with partner funding, and work going on with them. I think that commercial skill set is something thats lacking in some of the prospect generators that solely have great technical skills. I hope you find the rankings below to be useful. GOLD OVERVALUED? Equinox Gold (EQX TSX) Sovereign Metals (SVM ASX) Centaurus Metals (CTM ASX) PAST PICKS: February 28, 2022 Volume 90% 00:00 00:00 Rick Rule's Past Picks Rick does not push these companies for no reason.. Love it. This strategy reduces the risks associated with the exploration business by attracting a third party to finance the rest of the exploration costs. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. Weve done strategic exploration alliances with Kinross Gold Corp. (K:TSX; KGC:NYSE), Cliffs Natural Resources Inc. (CLF:NYSE), Antofagasta Plc (ANTO:LSE), Hochschild Mining Plc (HOC:LSE), continually being able to develop portfolios for the major companies. Why has your level of commitment been so strong over the years and what gives you confidence in the future of Riverside? Note too, that Ive asked a colleague, Mr. Steve Todoruk, to reach out to you should you wish to find out more about Sprotts investment products and services. This information is not intended to provide financial, tax, legal, accounting or other professional advice since such advice always requires consideration of individual circumstances. What BHP might bring to me is due diligence, where they write a check as opposed to send me a bill. At Sprott, we believe that investor education is the most honest, and effective form of advertising and marketing. The money that I now invest sensibly, I made through very aggressive speculation, and they're very different disciplines. New members should take a look into the NEW INVESTORS STARTING POST. Those are all proven reserves/resources in the Bassin next to bigger players that could buy them out at any point. Rick Rule: Maurice, anytime that you want to mention Sprott in conjunction with BHP and expertise, you certainly have my permission to do that. For instance, indeed the comment for Paladin Energy isn't up to date anymore! That reputation has been earned with a proven pedigree of personal and investment success for the clients of Sprott USA by identifying companies and sectors that are selling at deep discounts. If you want a dramatic example, probably the most dramatic example for me [is] Arequipa Resources, where there was a superb geological team generating prospects in Peru right after the Shining Path had been kicked outin other words, after the flak jackets came on, but long before the currency was convertible. I.e John Borshoff have said multiple times that Deep Yellow will sit on their hands until spot reaches at least $60. I think in fairness, one of the things it says is the two different groups who benefit from prospect generationthat is to say, Sprott as a shareholder and BHP as somebody looking for exploration serviceshave narrowed the field to Riverside. He moved on, if my memory serves me correctly, from BHP to Teck. Should you wish to not be included, please indicate by email to [emailprotected] and include the word Unsubscribe. Theyre pushing NXE, ISO, FCU and UEX (TSX tickers). The compensation is used is to fund both sponsor-specific activities and general report activities, website, and general and administrativecosts. Yeah they seem to be very high reward / risk? nature and is not specific to you the User or anyone else. Craig Parry is president and CEO of IsoEnergy Ltd. For more information about his company, please follow this link: Read More Rick Rule Interviews Morgan Poliquin, Almaden Minerals Rule Investment Media Billionaire Eric Sprott is a "long-time gold bull", and claims to hold 90% of his assets (except for Sprott Inc shares) in gold and silver. 2. Sincerely, Jarl. Bannerman may be one of the few companies capable of getting into production in the next bull. It's under the tab "Guide". Maurice Jackson: Please provide us with an update on the capital structure for Riverside. Sprott Asset Management is a sub-advisor for several mutual funds on behalf of Ninepoint Partners. Any information received is based on both internal and externally available information and is not to be considered an endorsement or conclusion on any company'sfinancial prospects, resource or management. In this interview Rick Rule, president and CEO of Sprott U.S. Holdings, discusses resource investing in 2021. ", Paladin doesnt have balance sheet issues anymore, its been weeks since they wiped their debt with a massive equity raise. We started off mainly with greenfields, but recently, as companies have left Mexico and weve been able to focus during the downturn, [we] have been aggressively upgrading our property bank to having brownfields exploration play around existing mines and neighboring some of the large discoveries, such as SilverCrest Metals Inc. (SIL:TSX.V) and Premier Gold Mines Ltd. (PG:TSX) in Mexico. Theses deposits dont take much capital to find, and when you find one, and show that its large, it creates the urgency for majors to look to acquire it. Makes me want more exposure to senior and mid-cap miners while they are still relatively cheap. Maurice Jackson: Switching gears, John-Mark, what is the next unanswered question for Riverside? Age : 69. Disclosure Statement for Rule AdvisorsRule Advisors ADV. This presentation is intended solely for the use of Sprott Asset Management USA Inc. for use with investors and interested parties. Uranium Energy Corp. (AMEX:UEC) 6, Denison Mines Corp. (NYSE:DNN) 5 should be the consolidator, requires patience, Energy Fuels Inc. (NYSE:UUUU) 6, Bannerman Resources Limited (OTCPK:BNNLF) 5 tier 3 asset, NexGen Energy Ltd. (NYSE:NXE) 4 excessive G&A, tier 1 asset, remote, Deep Yellow Limited (OTCPK:DYLLF) 5, great team, likely consolidators, requires patience, key man risk, Paladin Energy Limited (OTCPK:PALAF) 5 balance sheet challenges, Boss Resources Limited (ASX:BOE) 4 great aussie juniuor name, requires patience, Cameco Corporation (NYSE:CCJ) 5 very cheap, stressed balance sheet, getting worse, Peninsula Energy Limited (OTCPK:PENMF) 7, Ur-Energy Inc. (NYSE:URG) 6, Forsys Metals Corp. (OTCPK:FOSYF) 7, Global Atomic Corporation (OTCPK:GLATF) 5, Laramide Resources Ltd. (OTCPK:LMRXF) 5, enCore Energy Corp. (OTCPK:ENCUF) no opinion, Fission Uranium Corp. (OTCPK:FCUUF) 5, requires cash, high G&A, management distracted BUT tier 1 asset, CanAlaska Uranium Ltd. (OTCPK:CVVUF) 5, Skyharbour Resources Ltd. (OTCPK:SYHBF) 7, Mega Uranium Ltd. (OTCPK:MGAFF) 5, Vimy Resources Limited (OTCPK:VMRSF) 7, IsoEnergy Ltd. (OTCPK:ISENF) 5, Toro Energy Limited (OTCPK:TOEYF) no opinion, Plateau Energy Metals Inc. (OTCPK:PLUUF) 8, Appia Energy Corp. (OTCPK:APAAF) no opinion, UEX Corporation (TSX:UEX) 6, Lotus Resources Limited (ASX:LOT) 5, GoviEx Uranium Inc. (OTCPK:GVXXF) 7 big deposit, political risk, needs cash, Azarga Uranium Corp. (OTCPK:AZZUF) 7 tiny, uneconomic, Big jump today with Boss and Bannerman - 30%, no problem buddy, glad to help out. The idea is that the exploration business is very much like any other form of research and development business, and that the chief value is actually the intellectual capital of the management teamthe idea being, with an exploration company, that you share the financial risk of developing a project so that you dont dilute the shares and you dont, as an investor, dilute your interest in the intellectual capital, which is, in fact, the most valuable asset that many of these small companies have. In addition to the knowledge and experience gained in a long and focused career, he has a global network of contacts in the natural resources and finance sectors. Please understand that these are company rankings, rather than investment recommendations. While salary negotiations are a normal part of the hiring process, experts say it's a stone often left unturned by young candidates unsure of how to ask for more money from an employer. Eric remains unavailable, but joining us this week is his old friend Rick Rule. Rick Rule: A prospect generator, as I define it, Maurice, is an exploration company that uses the managements technical expertise and commercial acumen to generate investment ideas and an investment thesis, stake those ideas, stake the physical terrain and then bring in other partners to share the financial riskoften to bear the financial riskin return for a carried interest in the property and or a royalty. But I wouldn't be surprised at all to see it free of enCore. provided by Sprott Global Resource Investments Ltd. We are aleading provider of private placements for junior natural resources companies, which are available to qualifiedU.S. investors. When I was in university, I was taught that a mineralized anomaly had a 1 in 3,000 chance to become a mine. We saw strong gold buying from China, with estimated tonnes purchased at the highest level since 2017. When John-Mark talks about his very narrow share count, one thing he might mention is that the shares are fairly closely held by people who arent in the stock for a nickel gain. The economy isnt as bad as Canadian banks are pricing in and this is a good sign for the future of the sector, according to one Bay Street investor. Always good to hear from Rick. Sprott is a hedge fund with 24 clients and discretionary assets under management (AUM) of $17,868,164,419 (Form ADV from 2022-03-22). Our interests are different. With the acquisitions of Randgold by Barrick and bidding war for Newmont, Mr. Rule feels this will open the flood gates for M&A as large producers push to consolidate in a gold industry faced with dwindling reserves and record-low new discoveries. 02 victoria warehouse manchester. But according to. Thinking cameco is solid, sound choice and he ranks these better than the lottery tickets? The Information contained in or provided New members should take a look into the NEW INVESTORS STARTING POST. For investors who prefer to delegate the management of their investments, weoffer sophisticated options focused on investments in natural resources sectors. That same sense of intimidation is often also felt among young employees hesitant to ask for their first raise. Note too, that these rankings are snapshots in time, subject to rapid change, with new news, different markets, and changing share prices. Miners ETF, Sprott Gold rick rule uranium rankings. Both comments and rankings are snapshots in time subject to rapid and unannounced change based on news or market conditions. Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities investing. While many economists have warned about the growing risk of a recession this year, one investment expert said Canadians should be looking to add recession-proof names like food companies to their portfolios. Rick Rule: Gold, Silver, Copper and Uranium Stocks 38,059 views Jan 21, 2021 985 Dislike Share Save The Jay Martin Show 171K subscribers Sprott US Global CEO Rick Rule and Cambridge House. Managed Accounts. ?36:30 Rick Rule ranks a few uranium stocks51:00 African uranium companies57:00 Australian uranium companies57:30 More Rick Rule rankings. The information you requested is not available at this time, please check back again soon. I interpret it as companies which should perform better late in the bull cycle. Investors should seek financial advice regarding the suitability of any investment strategy based on the objectives of the investor, financial situation, investment horizon, and their particular needs. Had the company diluted itself over 36 exploration campaigns, they wouldnt have existed by the time that they made their final discovery, which was the Pierina discovery. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com. Now, the truth is that a reasonably intelligent speculator can reduce those odds somewhat by buying into companies that employ serially successful people or by confining ones speculations to companies where theyve already established the third dimension. In prospect generation the due diligence isnt done by me, its done by major mining companies, by peers. Investing in foreign markets may entail greater risks than those normally associated with domestic markets, such as political, currency, economic and market risks. That company participated, if my memory serves me correctly, in 36 exploration campaigns, all of which were funded by other peoples money. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com. As to success, Id like to answer the question statistically. What does he mean with "Consolidator" regarding Denison and deep yellow? It turns out BHP wanted to grow into Mexico and they knew that we had done these different types of partnerships for technical programs. Riverside actually is able to progress for the shareholders, giving a share of this other company to our shareholders directly. Rick Rule: Well, I dont think you forgot to ask much, Maurice. GOOD VIBES ONLY Aurcana is one of the better companies in the silver sector where the vast majority of companies are pure shit. Canada. We go against the grain when investing. The precious metals bull market will continue, given quantitative easing, government debt and deficits, and particularly negative real interest rates. John-Mark, if my memory serves me well, went to the University of Arizona, which pioneered most of the modern exploration technology for those types of deposits. Sprott Asset Management USA Inc., affiliates, family, friends, employees, associates, and others may hold positions in the securities it recommends to clients, and may sell the same at any time. The investments discussed herein are not insured by the FDIC or any other governmental agency, are subject to risks, including a possible loss of the principal amount invested. Specific recommendations are available to Sprott clients. Important Disclosures In an exclusive analysis of the nation's 50 largest metropolitan areas, Detroit ranks as the most stressful place to live and work, while Salt Lake City lays claim to have the least stress-inducing attributes. Definitely check it out. Mr. Rule has dedicated his entire adult life to many aspects of natural resources securities investing. ; several of which trade on various exchanges and have price fluctuations based on short-term dynamics partly driven by demand/supply and nowadays also by investment flows. Rick will evaluate current market conditions and patiently deploy capital primarily using good til cancelled (GTC) limit orders. Sa fortune s lve 2 000,00 euros mensuels T he history of packaging1 can be traced back to the first human hunter- gatherers and traders who used early forms of packaging in order to collect, store, transport, and mark their possessions (e.g., Low & Fullerton, 1994; Twede, 2016). 10 being best (and impossible?). Complete the form below and we'll send you Rick's Rankings of your portfolio. Hopefully he starts disclosing some of his positions in a month or so. Ive been sent sprotts presentation on canadian uranium juniors. Please review the attached Disclosure Document and Form ADV for more information concerning your request for a portfolio appraisal. Advisory services are offered through Rule Advisors LLC. Sprott ETFs are liquid, convenient investments that can be purchased like any regular stock through discount and full-service brokers. John-Mark, youre the CEO of a successful prospect generator. Weve been flat for months now, when do we take off? Specific recommendations are available to Sprott clients. Why did BHP partner with Riverside and share some of the details of the partnership? Currency Repatriation/Convertibility Transparency/Corruption Legal System The fees also cover the costs for Proven and Probable to publish sector-specific information on our site, and also to create content by interviewing experts in the sector. Opportunity: Iffy/Difficult, Situation Dependent, Sprott Physical Platinum & Palladium Trust, Sprott Uranium Mr. Pattanaik is an employee at Sprott Inc. and was a Geoscientist with Royal Dutch Shell before joining my team at Sprott. We put up all the science and work, [and] we progress together to develop projects, as Rick says. These rankings are numerical , 1-10, with 1 being best. 2.) John-Mark Staude: I think one of the key things for Riverside is, when are we going to make those discoveries? Note that those rankings are not updated daily. I've been studying the U miners for about 1-2 weeks now, and watching Rick's interviews so far the companies I've heard that he scored a "4" were Kazatomprom, NexGen, BHP, and Boss. Mr. Rule believes the best way to capitalize on this trend is by owning royalty and streaming companiesrobust businesses with diversified portfolios poised for strong growth with limited downside risk. Before I relinquish to my colleague, Dr. John-Mark Staude, Id like to say one other thing that makes me feel comfortable about prospect generators. Natural resource investments are influenced by the price of underlying commodities like oil, gas, metals, coal, etc. We leverage the companys 75,000+ location database and experienced technical team to discover and acquire new exploration assets. I was privileged to be one of the early investors and weve been shareholders and backers of Riverside, among others, ever since. He had the very good sense to refuse me, but the consequence of that is that when he was starting his own company, Riverside. Its no secret that when exploration stocks move, they generally express more upside volatility than almost any other sector in the world. Sprott US Contrarian. Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. The African resources may also be the only viable targets for China. He gave a 6 or a 7 for Aurcana and said "needs cash" after they had previously secured the much needed loan. For mobile users: Menu (next to "About) > Guide, Press J to jump to the feed. Craig Parry and Rick Rule discuss the upcoming virtual 2020 Sprott Symposium. First Name* Last Name* Email* Phone* Interested in* (check all that apply) precious metals battery metals base metals uranium oil & gas And we very proud of the fact that we keep a very tight share structure. Interesting as always when I see how they rank! The truth is that my memory is now foggy enough that I cant tell you how many, but Ive participated in 22 or 23 economic discoveries and 20 takeovers, which means that I have been successful on, shall we say, 20 of 65 starts, versus the expected statistical average in junior mining of 1 in 3,000. Some Canadians will pay more to use their cellphones while travelling abroad beginning next week. Very informative. He has financed numerous exploration and mining companies over his 45-year career and made a lot of money doing it. Curious if hed rank Kazatomprom as 1, or if even that would receive a 3-4 :D, He has said he only sees a 1 every few years. or through this forum AT YOUR OWN RISK. All Rights Reserved. YOU SHOULD NOT MAKE This sub is dedicated to all the investors and traders passionate about the Uranium market and to all the people, scientist or not, who believe in nuclear energy / nuclear power generation to fight climate change. Now . Ive always been interested in Mexican exploration in particular and large copper gold systems. Just saying, To me the 7 rating just signifies this is one of the few relively low valued uranium stocks still out there. The fact that Rick Rule has no opinion about Encore Corp and Appia Energy Corp makes me think he wants to buy a lot more of them !!! Price action and trading desk anecdotes indicate significant buying from China's "official sector", including the Peoples Bank of China. These are ratings on a 10 scale. and our Maurice Jackson: Rick, provide us with some background on your relationship with John-Mark and how long have you been an investor in Riverside? Please introduce us to Riverside Resources (TSX.V: RRI | OTCQB: RVSDF) and the opportunity your company presents to the market. 4 is a very high rank. Rick Rule & Sprott: The Largest Buyer of Silver On Earth June 20, 2021 Wall Street Silver Since the start of the SilverSqueeze in late January 2021, the Sprott closed end fund PSLV has purchased over 58 million oz of silver, increasing from approximately 90 million oz (Jan 2021) to the recent total of over 148 million oz. Royal Bank Plaza, South Tower Its almost impossible that theres an assemblage of minerals somewhere in the world that somebody at BHP doesnt have familiarity with. Rule frequently discusses the precious metals space, especially gold, on Real Vision. Interesting that Cameco is considered cheap at least compared to other uranium companies it's not. Rick Rule: A prospect generator, as I define it, Maurice, is an exploration company that uses the management's technical expertise and commercial acumen to generate investment ideas and an. You are now leaving sprottus.com and entering a linked website. At the end of the WSS interview with Rick Rule he offers to review and rank your resource stock portfolio he specifically says dont send him other stock (for example tech or financials). CEO and company interviews are paid for by those represented on the program. Rick Rule is the President and CEO of Sprott US Holdings and has been in the natural resource investment business for about four decades. Linked companies : Sprott Inc. - Fountainhall Capital Corp. Summary. Rick: Well, a pleasure and an honor to sit in for Eric on his channel. Rick Rule Your portfolio Please note that rankings and comments provided herein are not investment recommendations. Cookie Notice My nfg is my other big gold investment and its creeping up in cap and no where near pouring to my knowledge. Sponsor-specific activities may include aggregating content and publishing that content on the Proven and Probable website, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. 7. Investors should seek financial advice regarding the suitability of any investment strategy based on the objectives of the investor, financial situation, investment horizon, and particular needs. These rankings are numerical , 1-10, with 1 being best. " Note that the criterion is risk-adjusted reward, so that higher risk companies may still enjoy a more favourable ranking than lower risk companies, although they may be less suitable for individual portfolios. Is there a potential for a giant porphyry copper discovery there? So were really two different-size companies [with different] goals, and we showed them that we operate safely, efficiently, and can for them too. Maurice Jackson: Rick, you referenced these success ratios of prospect generators (PGs) versus traditional exploration companies and youre one of the biggest advocates for PGs and, in particular, Riverside. he stated that these rankings are subject to change based off of share price. Proven and Probable LLC receives financial compensation from its sponsors. John-Mark Staude: Yeah, we were really lucky. Recently we spun out one of our USA copper-gold projects, which is now moved ahead very successfully, and we profit near and long term from this.
