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Strategies & Market Trends : Winter in the Great White North

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From: marcos3/15/2016 6:58:14 PM
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' ... not mining is much easier than mining ... ' ... ' the important thing to do in optionality is to do nothing ... ' - Rick Rule on optionality -

sprottglobal.com

It's quite reasonable for Otto to criticise some of his picks, for instance i agree Livengood is so far from economic that you can't see it from there, but you can't deny that RR is making a valid point here ... imho the most basic and valid point in resources, it's why we're here in the first place, it's what has worked best in the past, it's what is going to do us well in the future ... sure there will be bits of production here and there, that's fine, but it's not the main event

A number of provisos apply of course - a company has to be able to hang onto its properties, it has to be able to survive, and its management must be encouraged not to bleed it dry for their ownselves ... some do this better than others, elsewhere Rule mentions another RR who runs ckg.v, and 'throws nickels around like they're manhole covers' ... there is an audio-only hour or so of this same interview, think it's on the Sprott site somewhere
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