Rick Rule: President of Sprott Asset Management, USA & Founder of Global Resource Investments Ltd. (GRIL) - GRIL manages over a billion and through recent acquisition is now part of the $10 billion Sprott Asset Management. Rick is known as one of the most “street-smart” people in the natural resource sector and gold world with nearly 40 years of experience. He is involved in securities brokerage investment management, corporate finance focussed on natural resources and basic industries. Rick and his team are also successfully involved in agriculture, alternative energy, conventional energy, forestry, infrastructure, mining and water resources investing on a world wide basis.
Saturday, May 12, 2012
Rick Rule
Downloading MP3 / Broadcast Interviews Are For Individual Listening Use And NOT For Reproduction Or Redistribution And Are The Sole Property Of King World News. However, Linking Directly To The Desired Interview Page Is Permitted and Encouraged.
Biography from sprottglobal.com
Rick Rule - President of Sprott Asset Management, USA
Rick Rule is the founder of Global Resource Investments and Sprott Asset Management USA Inc. (Formerly Terra Resource Investment Management). He is also the General Partner on the Exploration Capital partnerships, which are a series of successful investment partnerships that have been in operation for more than 10 years. In February 2011, these businesses were acquired by Sprott, Inc. and Rick joined the investment and management team at Sprott.
Rick began his career in the securities business in 1974 and has been principally involved in natural resource investments for his entire career. Rick has dedicated his entire life to all aspects of the natural resource industry and is considered a leading American retail broker in this particular investment field. His contacts and knowledge of the market are unmatched. Rick leads a team that features professionals who are trained in resource related disciplines and who work together to evaluate investment opportunities.
Company Info:
Sprott Asset Management USA is a wholly owned subsidiary of Sprott Inc., a public natural resources investment manager listed on the Toronto Stock Exchange (SII-TSX). Sprott Inc., along with Sprott USA and Global Resource Investments (Sprott USA’s sister company), employs more than 130 professionals and manages in excess of $10 billion in resource-related investments. We believe that we are the largest investment house in the world with a focus on small capitalization resource stocks. Our organizations have enjoyed excellent reputations and have generated excellent sector track records. Our collective organization offers unparalleled expertise and unparalleled access to investment opportunities in all sectors of resources, from all corners of the globe.
The Sprott Group employs a team of portfolio managers, market strategists, technical experts and analysts who are recognized for their investment expertise, performance results and unique investment approach. Our team-based approach allows us to uncover attractive investment opportunities for our investors. When an emerging investment opportunity is identified, we invest decisively and with conviction.
Sprott Asset Management USA offers a Managed Account program for investors looking for distinctive and personalized wealth management. The key benefits of having an account with Sprott USA include:
-
•Professional Money Management
-
•Experienced Money Managers
-
•Transparency
-
•Reporting & Monitoring
Biography from GRIL.net
Rick Rule - Founder of Global Resource Investment Ltd.
Rick Rule is the founder and owner of Global Resource Investments Ltd., and affiliated entities, which are involved in securities brokerage, investment management and corporate finance, focussed on natural resources and basic industries. Mr. Rule and his firm are successfully involved in agriculture, alternative energy, conventional energy, forestry, infrastructure,mining and water resources investing on a world wide basis. The firm provides investment management, advice, and transactional services to individuals, institutions, and corporations. Mr Rule is a well known conference speaker, noted for his contrarian, counter cyclical investment techniques. Mr Rule and his firm believe that the resource industry investor and speculator are at the dawn of the greatest speculative epoch of his career.
Murray Pezim Award:
Throughout his career Mr. Rule has always shown a long-term interest in the junior mining sector. He started his securities career in 1974. By 1988 he was well known in the mining sector as a broker with an interest in natural resource investments. He started his own brokerage firm, Global Resources Investments Ltd., in 1994 to focus on the sector, raising hundreds of millions of dollars for exploration activity and exposing 4,000 worldwide clients to the junior mining sector.
His backing of the industry, even during the capital drought of 2000 to 2002, allowed companies to survive. But he didn't just back any story. He beat the long odds of investing in successful exploration projects many times. His track record has opened sources of mining finance that would not exist without him.
For example, in 1993 Mr. Rule decided to focus on silver assets in ground. He financed Silver Standard for $2 million. Through a few tough cycles he maintained his support. This year Silver Standard is opening the first new Argentinean mine in 50 years and its market capitalization has gone from $5 million to $1.3 billion. Mr. Rule's support is a big reason, says the company.
Today, he manages close to a billion dollars focused on the mining sector through investment partnerships, an investment management firm and his brokerage firm. His knowledge and exploration acumen makes him a sought after man for advice and as a speaker at conferences. He candidly speaks to both from a position of almost unmatched experience, reputation, and knowledge.
Previous Interviews:
