Rick Rule's Investment PhilosophiesRick was on Market Call on May12, 2017 and he was discussing Natural Resource Investments.
Somebody asked a question about Anfield Gold and Rick started elaborating on Ross Beattie who is a major shareholder of Anfield.
Ross Beattie has a great track record taking Pan American Silver from .50 cents to $30 and Lumina Copper from $2 to $160 according to Rick.
Rick states that it was not uncommon to see some of these investments drop 30 to 50% a few times in a 5 to 6 year period prior to becoming 10+ Baggers.
He maintains that the key to any succesful junior miner is management.
Rick also asked, who would you rather invest with, somebody who has succesfully opened and ran mines or somebody who has never done so.
I think we have the right kind of management with Steffen Haber and the Lavallee's.
We are at that stage where our shareprice has dropped but my guess is that this will be shortlived with the upcoming announcements.
Take Care,
Tess