Rick Rule rules the junior resource world with his checkbook. The acclaimed speculator has been financing mining and energy companies for nearly forty years and has the big scores and scars to prove it. From his perch as chairman of Sprott USA, the world’s best known natural resources & precious metals focused investment firm, Rule… Continue Reading
Today a friend asked if junior mining was dead. I told him what Rick Rule told me, which was: “No, if large mining companies are not exploring, which they’re not, nor acquiring, they are six or seven years from extinction.” It’s the juniors who provide new projects for the majors to deplete. The sector can… Continue Reading
There are no men’s jackets in the world that compare with the classic outerwear line of Italian wool merchant Loro Piana. As I contemplated this post a prominent entrepreneur called. “Oh yes,” he said salaciously. “Wearing one is like sex on your shoulders.”
We just received the following email from former Forbes West boss Mark Morabito announcing the parting of ways between his Vancouver-based natural resources group and Mr. Bharti’s Forbes & Manhattan in Toronto. Here’s what it said: I am writing to advise you that Forbes West and Forbes & Manhattan are parting company amicably. We will… Continue Reading
Renowned investors Frank Giustra, James Grant, Mark Mobius, B. Muthuraman, Tye Bousada, Jim Rogers, Seymour Schulich and Rob Arnott offer their best commodity related investment ideas. Article: Globe and Mail Frank Giustra renowned gold investor will soon be singing #PatsyCline in women’s under wear! See attached m.theglobeandmail.com/report-on-busi… — Kevin O’Leary (@kevinolearytv) April 20, 2013
Billionaire hedge fund manager John Paulson’s latest investor letter is out. He doesn’t comment much on gold, but he does write the following regarding his sizable gold mining positions: “……we believe there will be significant upside when the gold sector revalues.” Given the terrible performance of gold mining shares thus far in 2013, I believe… Continue Reading
I was talking with the great Frank Holmes, CIO and CEO of US Global Investors last week and he made a clever comment that I was reminded of today. He said: “I go to these entrepreneurs events all over the place — the EOs and the YPOs — and you know how you can tell the… Continue Reading
Paul Reynolds is the president and CEO of Canaccord Financial Inc. (TSX:CF, LSE:CF), a leading financial services firm specializing in wealth management and global capital markets. Established in 1950, Canaccord rose to prominence under the leadership of former CEO and now honorary chairman Peter Brown. For decades, the company was synonymous with Canadian venture capital… Continue Reading
Upcoming feasibility study and bulk sample test could prove mining legend Bob Quartermain has struck gold again with Pretivm’s Valley of the Kings discovery. Pretivm Resources’ (TSX:PVG) Valley of the Kings discovery on the Brucejack property in Northern B.C. is just about the best Canadian gold project in the hands of a development company right… Continue Reading
Article: NPR
Article: Bespoke’s Commodity Spapshot
Congo took measures to block exports of the metals to force mining companies to add value to the commodities before shipping them outside the country, Mines Minster Martin Kabwelulu said today in a phone message. Article: National Post
“The era of money printing is young yet. Gold will have its day again.” Article: Ambrose Evans-Pritchard, Telegraph
Meet the natural resources industry’s most respected headhunter. Veteran mining CEO headhunter Bill Haldane has used “Diogenes” — the Greek philosopher who reportedly carried a lamp through Athens during broad daylight, looking for an honest man — as a moniker for over 20 years. “Diogenes was an honest, down-to-earth man, and I have tried to… Continue Reading
Veteran mineral exploration analyst Eric Coffin has come out with his April commentary. Readers interested in that sector are encouraged to take a look. The gist of the article is that investors and mining companies must think longer term: “People who work their way to the top of large organizations tend to be empire builders.… Continue Reading
