Opinions Rick Rule
Arras MineralsARK.TORISKYNov 02, 2026
Rick RuleStock price when the opinion was issued
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Copper in Kazakhstan. It has one of the best drill holes but he considers it highly speculative, so if you're not a speculator don't buy it. Several drill holes don't make a mine. Kazakhstan is very well geologically endowed and their way to develop the economy is through hydrocarbon and mineral production - these are positives for a mining company. There are political considerations.
Exploring for copper/gold in Kazakhstan. Likes that region, and likes management. Released absolutely spectacular report on a drill hold about 10 days ago (one of the better ones he's seen in his life, given the size of the target). Just raised ~$25M via a private placement.
Not for the faint of heart, only for exploration speculators. You have to be able to stomach real volatility and real risk. If the ensuing drilling is unsuccessful, the stock will fall like a boulder off a bridge.
Rick Rule
Extremely speculative stock. A drill hole play. Only to be owned by people with some degree of geological knowledge willing to pay attention to news releases. The size of the prize is enormous though. The probability is not super high. High risk / high reward business.