Jun 11, 2017
The GDXJ Junior Miners ETF has outgrown its market says Rick
Rule, the CEO of Sprott US Holdings, who believes the ensuing
rebalancing exercise will create imbalances in the cost of capital
for these small firms which, in turn, may create significant
arbitrage opportunities for investors.
Interview Highlights
[00:03] Who owns what?
[01:00] What’s happening with the GDXJ ETF? What arbitrage
opportunities do you see?
[06:30] What are GDXJ holders really holding?
[09:23] Has this been fully priced in?
[12:58] This is a catalyst for individual companies to align to the
new cost of capital
[15:59] The money is chasing volatility not opportunity
[17:37] Will there be more or fewer miners as a result of this
development?
[19:25] Don’t miss Rick’s seminar on the rebalancing in Vancouver
http://sprottconference.com
About the guest
Mr. Rule has dedicated his entire adult life to many aspects of
natural resource securities investing. In addition to the knowledge
and experience gained in a long and focused career, he has a
worldwide network of contacts in the natural resource and finance
worlds. As Director, President, and Chief Executive Officer of
Sprott US Holdings, Inc., Mr. Rule leads a highly skilled team of
earth science and finance professionals who enjoy a worldwide
reputation for resource investment management.
Mr. Rule is a frequent speaker at industry conferences, and is
interviewed for numerous radio, television, print and online media
outlets concerning natural resource investment and industry topics.
He is frequently quoted and referred by prominent natural resource
oriented newsletters and advisories. Mr. Rule and his team have
long experience in many resource sectors including agriculture,
alternative energy, forestry, oil and gas, mining and water. Mr.
Rule is particularly active in private placement markets, having
originated and participated in hundreds of debt and equity
transactions with private, pre-public and public companies.
Sprott US Holdings, Inc. is a holding company made up of three
separate and distinct companies: Sprott Global Resource
Investments, Ltd., a FINRA Registered Broker/Dealer; Sprott Asset
Management USA Inc., an SEC Registered Investment Adviser offering
managed accounts; and Resource Capital Investment Corporation, an
SEC Registered Investment Adviser managing partnerships. These
three companies make up the US Subsidiaries of Sprott Inc. and are
active in securities brokerage, segregated account money management
and investment partnership management involving both equity and
debt instruments, across the entire spectrum of the natural
resource industry.
Contact him via:
Twitter @RealRickRule
Web at http://sprottUSA.com
About the host: Albert Lu is the President & CEO of Sprott US Media.
Contact him via:
Twitter @AlbertKLu
Web at http://sprottmedia.com