Rick Rule Interview

at SmallCapPower site

• Saucer shaped recovery,no spike sell off, so no hockey stick rebound.
• Feasibility / PFS stage M&A will be first movers 50-70% gains
• Entering beginnings of discovery cycle.
• Tiny-caps with good teams will be 10-baggers later as market develops
• Risks muted. Those who survived fairly decent. Top quartile. Past success. Current endeavour in similar circumstance.
• Capital / access to capital to stay alive until tide lifts all ships
• Nobody dreams about small deposits. Rewards commensurate with risk - size.
• Gold & silver M&A this year.
• 2-3 year horizon  industries in liquidation with prices below cost of production. Plat/Palladium. Uranium, Zinc, Nickel, Lead, Potash / Ag minerals. Longer horizon coal sector. First time since 2001 gold & silver reasonably priced.
• Prospect generators
• Optionality stocks - big deposits , price sensitive, very large capital. See much more upside. $40-50m caps vs $400m 3 years ago.