Rick Rule, Chairman of Sprott Global Resource Investments Ltd., says that the ‘management interview’ is critical before investing in any junior resource company.
In this talk, he outlines what questions to ask before investing.
“You want to figure out how the company will generate a return for your money,” says Rick.
Exploration is similar to research and development in technology, he explains. Companies are trying to answer a question, or a series of questions. They need to discover something new of value. In the case of ‘juniors,’