Opinions
Rick Rule
Goldmining Inc
GOLD-T
PARTIAL SELL
Nov 11, 2016
$2.060
Stock price when the opinion was issued
precious metals
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
300,000 hectares of holdings in Brazil. Lots of prospective ground. One of the major shareholders is BrazilInvest (?), a 12 billion-dollar merchant bank connected to the Brazilian government. Have a large land package that has yet to be meaningfully explored but there are discussions underway for acquisitions that might allow them to easily become a producer.
precious metals
PARTIAL SELL
Sold some of his holdings but not all, because of his fondness for the CEO, who is a superstar. The valuation is pretty extraordinary, but his suspicion is that the personality cult that has been built by the CEO and his management team, will allow this company to continue to participate in the gold bull market that he sees coming. If you own, consider taking some money off the table.
precious metals
Advertising
Uranium assets and an optionality asset in the Athabascan Basin. It is priced in the company, probably for free. In the right uranium market, it won’t be free. Extremely well-run. Good optionality in gold. The company has had a tremendous run up. If you have owned this for a while, take a little bit off the table.