How Rick Rule Times Junior Mining Stock Buys & Sells (40-min discussion with Rick Rule & Brian Leni)
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- เผยแพร่เมื่อ 4 มิ.ย. 2024
- Rick Rule shares how he would time junior mining stock buys and sells in this 40-minute discussion with Bill Powers and Brian Leni of JuniorStockReview.com. Rick also discusses the possibility of a bullish 2022 for gold. Numerous other topics pertinent to resource investors and speculators are addressed. Rick offers his thoughts on recent gold sector M&A as well as the Kinross-Great Bear deal. He shares some insights regarding how he critiques management teams and determines when to sell or hold a stock that is underperforming. Finally, Rick offers to review listener’s mining portfolios.
0:00 Introduction
1:18 How Rick times jr mining stock buys & sells
3:34 As a broker, Rick would fire some clients
5:45 Gold in 2022?
11:07 Sprott Lending financing a mine amidst inflation
14:11 Gold sector M&A
18:05 Kinross buying Great Bear
21:22 Using stop losses on mining stocks?
24:26 Value investor dilemma: selling underperformer for perceived value elsewhere?
27:59 How to access an executive’s forward-thinkingness?
30:34 Good asset but ineffective management…what to do?
32:00 Good management teams fail
35:33 Street votes no-confidence in management but they are good technically
38:37 Rick will review your portfolio
If you would like Rick to review your mining stock portfolio reach out to him at:
ruleinvestmentmedia.com/
Rule Investment Media YT channel: / sprottglobal
Brian Leni’s website: www.juniorstockreview.com/
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#gold #miningstocks #investing
Love every Rick Rule ‘s interviews
Learn so much from Rick's interviews. Good questions too. Thanks.
My ears get big when Rick Rule speaks. I've saved a ton of money listening to him.
Great Q's Bill & Brian. I could listen to Rick all day. Informative and concise. Eloquence and expertise only matched by brilliance and benevolence. Learned advice not to use stop losses whilst we may take advantage that others do.
Thank you for the excellent interview.
Good interview. Thank you for doing these videos.
thank you very much gentlemen, learned so much
Huge respect for this great man. 👍👍👌🙏🙏🙏
Thkq Rick....always giving golden nuggets of advice....for free.
God bless RR..... forever grateful for yur regular advice❤
Thanks 👍👍👍👍, RR's advice is simply unique.
Excellent! Thank you very much!
Love your interviews especially when the legend himself is on, we get a different dimension of Rick which your videos bring out nicely. You can tell he enjoys talking with you both
Great Interview and Value as always Bill !
Great interview by Rick Rule as always I would say. But the questions were also really smart compared to other more general TH-cam channels. Next time could you ask Rick what the minimum amount for private placements would be, please? And coming from a portfolio of publicly traded gold miners how would the transition to private placements look like? I mean how can I evaluate whether the “private hogs” (mathematically) are more promising than the “public hogs” I already own?
Such a good interview, so good to revisit this during these times
When stocks are cheap like this I am pacing around wondering how I can buy more.
I picked 4 Jr explorer/producer out of about 300 based completely on advise from Rick's talking on podcast's like this one.I've spent a year doing my homework on those 4. Now I finally understand what threw his complicated speech, 😂Thanks Rick, your the man don't care what anyone says. I know, y'all gotta listen he's not just running his mouth. He's telling you what and how to do it but ya gotta listen and rewind and listen and rewind. Let's Go Brandon 😜
What explorers did you chose or do you recommend?
Great discussion.
Rick, what are your thoughts on EMX and the Timok situation? I'm buying more on the pullback... Thank you, Rick!
loL as if he will respond in this form.
EMX Yamana Great Panther Mining
@@daveforgot127 Hey Dave, he has responded to me before!
Thanks🙏!
one of the more serious interview. RIck with his game face on.
The past weeks sell off in the miners was a buy sign for me. When I curse myself and call myself a failure and an idiot...That is usually close to a bottom. I added to FSM, ISVLF and a few others. Sold core position in NEM. CEO Palmer is mandating vaccines for all employees.
Sounds a like CEO with sense.
F D thumbs up
Thanks buddy
ASX RDM my favourite explorer
master speaks we listen
Iam excited
Love Rick Rule...it’s easy to recognize the wisdom he has gained over the years as a contrarian investor as compared to younger impatient ‘get rich quick’ mouthpieces who have obvious high opinions of themselves.
When does Rick expect his investment masterclass youtube video interviews to be released on the Rule Investment Media channel? Cheers!
Really looking forward to those too.👍
will have to look out for those cheers
Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
I tried copy trading, just when I started investing last Christmas. Had a poor experience, the guy I copied made many small trades, slowly loosing money. What good came out of it was that it gave me an insight into how the market really works. Make sure you do your homework!
@McArthur Hi, where can I find traders to copy?
@McArthur her credentials are very much appealing, I'll definitely be writing her shortly.
Find a sector you like and try to find every reason not to own a company. When you can't do it, then you've got a good one. Lots of research and 5-10% maximum for any company.
i suggest reading SEC filings and learning to understand drill results.
Depends on how much risk you want to take on. More solid - something like First Majestic. Higher risk something like Scottie Resources. Also, how patient you are to tough out the dips and hang on for the big pay days.
The ruler!!
"the cost of not having capital at all"..........................King speech!
Rick pontificating from his ivory tower in the epicenter of junior information about doubling down in an almost impossible to value loss making sector... outright telling the audience that junior mining companies are shocking investments... except for the few... the few.... while sprinkling a little hope here and a need for precious metals there is an absolute masterclass... and exactly the self flagellation I tune in for. Sending in my stocks for extra giggles.
I hope the market stays rite where it is or if I'm lucky go lower. For at least another year or two so I can buy allot more. Afraid that ain't gonna happen but🤞
Rick Rule is soo cunningly sharp
Rick Rule . . . No superiors and darn few equals!!!!!
The hinges? Does he know this deposit?
Mr Rule how many C$ would you pay for a relatively economic resource of 1 million ozs?
What get me with no one ask the question is why are share in company with big copper drill results that got world class mines not moving and are undervalue at the moment you think there go up a bit with results.
Too big capex requirements?
I think there's quite a specific problem coming up: very high likelihood of recession or overall market crash. Won't that continue to drag down commodities and precious metals?
The threat of recession was the disclaimer, in this interview
2:30
"I have a ready answer for it and many of your listeners are going to absolutely hate me as a consequence of my response. At the end of the day, I would add up every transactional ticket in the firm buys and sells and any time that buys overwhelm cells by three to one I would sell I'd find something to sell the next day anytime cells overwhelmed buys three to one I'd find something to buy the next day I was in a rather unique position I guess because I could tabulate simply the number of tickets uh and what was a buy and what was a sell and the tickets wouldn't determine what I bought and sold I had a list of stocks that I was holding and nervous about and so I would of course pick my cell candidates from that and I had a list of things that I would like to own and I would pick my buy tickets from that but I certainly did let customer sentiment determine what I did I believe and i've stated on your show on numerous occasions that in cyclical businesses uh and in volatile businesses gold and silver certainly qualify for that that you are a contrarian or you're going to be a victim"
Looking forward to the Christmas rally to help with a dismal year.
Love this interview. Funny (not really as Im in a similar canoe) that they were licking their precious metals wounds in Dec 2021. This is a bleeding gash now.
"we remind em how costly it is to have no capital at all", if I had my own bank, I have that written on my wall 😂😂🤙🤙, ps: Rick Rule rules!!
Wish I spent the last 10 years bringing this his coffee. Glad he's retired and can talk a little louder now. Thx Rick Rule Rules and Let's Go Brandon 😜
Just buy when they're down...simply
Markets are going DOWN!
Should we buy mining stocks at the moment or wait to see what happens with the market?
Nobody has a crystal ball to be able to answer that.
Big 🥳Sale in miners now
:) :) :)
Not referring to RR specifcally when I say this, but just about EVERY interviewer in 2020 and early 2021 said 2021 would be THE year for G&S. All were totally wrong. Then I looked at some of their 'suggested' buys and saw how poorly they operated or performed. Made me realise a lot of these guys just talk well. They make their money from subscriptions churn (the result of blah blab) not any great knowledge.
Yikes - "interviewees....." Make haste slowly.
You can only study a company so much...
Rick has the luxury in dealing with private placement…buying the stock so low then selling after he mentions a stock to us all regular ppl he wins. Why do you think he’s always smiling?! lol
correct! I'm a happy old boy.
@@rickrule6947 Do you also like acquiring historical masks?
@@billpbritt My mssks are more contemporary, 50 years old, or less
@@rickrule6947 if you graduate into pre-columbian in the future, I have several that might interest you. Here’s one the might tickle your fancy www.galeriacontici.net/precolumbian/mexico/olmec-were-jaguar-mask-mxom-115.html
If 40 yr Highs in inflation can't push gold higher what possibly could? Looks Like it's Time to Move on From the Sector
👍. To what sector?
Interest rates
It went up $300. It just beat you.
People are so soft
In what way ?
@@lvpatfleming7465 Rick Rule is the man though
Compared to your hard on for Rick, yes, people would be soft.
@@buttlesschap Exactly. Stay hard
These guys need remember that not everyone has endless cash to leave in dead stocks for about 10 years. Hence they wait for momentum to build before investing - and accordingly miss the bottom or even near bottom. Also, they simply don't have the (insider ???) knowledge to buy these coys when the coys are still inactive minnows - management and those close to management 10; retail investors 0.
GOLD IS DEAD