Rick Rule

Believes crude oil prices will remain high throughout 2024. Under investment in energy development will ensure relatively high oil prices. Energy stocks are the cheapest they have been in recorded history. Is bullish on Canadian oil and gas sector. Gold prices have recently pulled back, and is a good time to buy. Any time investors have ability, it is a good time to buy gold. Physical gold is a very good hedge against inflation. Gold equities should close the cap between physical assets prices, and stock market valuations. Believes owning physical gold trusts is a good option for investors - don't have to physically own it "in person".

Believes stock is selling at less than half of what it is worth. Consolidation in assets very good for company. Increased interests in various African assets. Committed to distributing 50% of cash flow to investors through dividends. 

Opportunity for amalgamation. Neighboring companies likely to merge with company. Recent financing suggests amalgamation with partner. Lowest cost quartile in terms of costs. Both a discovery stock and amalgamation play. 

Selling at a discount to royalty and cash holdings - lots of free upside. Commercially good company, along with technical talent. Exploration skills very high. Speculative pick, but very good option. 

Functions almost as a closed end fund. Recent high prices have fallen, but will continue to hold. Value of parts of company exceeds the whole of the company. 

Company has increased share price since recommendation. However room left to grow. Mine continues to grow. Believes upside still left in the stock. 

Small royalty generator through exploration skills. Producing royalty in Mexico going very well. Nevada silver royalty also producing high amounts of cash. Expecting more growth from the company. 

Part of syndicate that brought company to markets. Financials in China a little opaque, but company has been generous to shareholders through dividends and buybacks. Would recommend buying. 

Owns shares in company - a bedrock security. Excellent company with good assets and strong management team. Royalty structure creates high margins with low liability (no physical well bores). 

Company has over invested in assets outside mining. However, company has been rebuilt, and is emerging as a premier company. Will continue to invest in this company. High quality due diligence. Would recommend buying. 

Would recommend buying. Very high quality company with strong management team and assets. 

Best idea in mining royalty sector. Very strong assets and good assets. 

Doesn't own shares. Considers company a collection of Tier 2 deposits. Prefers better assets in Tier 1 assets. 

Good time to buy if under weight in portfolio within energy. However, company is fairly value. Nevertheless, company is a great long term hold. Strong assets and very good management.  

Owns shares, and is a long term investors in the company. Share prices have been punished due to skepticism on mine build out - but is recovering. Expecting a higher share price if company is able to execute on latest mine prospects.