Opinions Rick Rule
SolGoldSOLG.TORISKYJul 19, 2024
$0.21
Stock price when the opinion was issued
$0.14
As of Jun 18, 2025. Market Open.
Mining
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HOLD
Has been around for 20 years. Part of a very large and profound discovery in Ecuador, a country with its own political challenges. Takeover offer from largest shareholder (Chinese company, which has overt backing of China), which he suspects will work. The nature of its business requires very deep pockets.
Mining
Does not own shares, but thinks deposits are very good. Would recommend waiting to see if assets are able to produce economically. Also, hard area to produce with geopolitical risk. Regional politics also troublesome.