A Visit with Rick Rule
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Thursday afternoon, I had the opportunity to visit with Rick Rule, Chairman of Sprott US Holdings. This conversation covers several topics in a short amount of time so I urge you to find the time to listen.
Among the topics discussed:
- The tender offer made by Sprott for the outstanding shares of Central Gold Trust and Central Silver Trust. Does this tender offer present a possible arbitrage opportunity?
- The current state of the mining shares and how today's condition resembles past cycles of doom and despair.
- The new fund Eric Sprott is assembling to take advantage of miners and properties that have become "distressed" at these extraordinarily low paper prices.
More information can be found at the Sprott Global website: http://sprottglobal.com
I also encourage you to visit the Sprott Money website whenever you are thinking about adding to your physical stack: http://www.sprottmoney.com?mw_aref=f4acdd227eeba8225953094002d08d78
Rick Rule has dedicated his entire adult life to many aspects of natural resource securities investing. In addition to the knowledge and experience gained in a long and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Director, President, and Chief Executive Officer of Sprott US Holdings, Inc., Rick leads a highly skilled team of earth science and finance professionals who enjoy a worldwide reputation for resource investment management.
Rick is a frequent speaker at industry conferences, and is interviewed for numerous radio, television, print and online media outlets concerning natural resource investment and industry topics. He is frequently quoted and referred by prominent natural resource oriented newsletters and advisories. Rick and his team have long experience in many resource sectors including agriculture, alternative energy, forestry, oil and gas, mining and water. Additionally, Rick is particularly active in private placement markets, having originated and participated in hundreds of debt and equity transactions with private, pre-public and public companies.
Sprott US Holdings, Inc. is a holding company made up of three separate and distinct companies: Sprott Global Resource Investments, Ltd., a FINRA Registered Broker/Dealer; Sprott Asset Management USA Inc., an SEC Registered Investment Adviser offering managed accounts; and Resource Capital Investment Corporation, an SEC Registered Investment Adviser managing partnerships. These three companies make up the US Subsidiaries of Sprott Inc. and are active in securities brokerage, segregated account money management and investment partnership management involving both equity and debt instruments, across the entire spectrum of the natural resource industry.
Thursday, June 25, 2015