In Palm Springs last Sunday, Mercenary Geologist Mickey Fulp told California Resource Investment Conference attendees, “A large exploration discovery in a relatively unknown terrain” is what’s needed to kick off this market. Sprott Global Chairman and panel emcee Rick Rule added, “What this market needs is a very large discovery that I own the hell out of.”

All four exploration experts expressed optimism for the future, and agreed that now is a great time to finance startups and buy really beat down stocks. Economist John Kaiser said that the market is assigning a zero premium, and geologist Brent Cook continued to say current share values could be considered a tenth of what they are going to be, even if current metal prices remain.

Video: Cambridge House