“Gold Could Surge 1500% Overnight…” – Rick Rule

    #gold #goldpriceprediction #rickruke #silver #silverprice

    In this captivating video, renowned mining expert Rick Rule unveils the secrets behind potential mining mergers and the emergence of world-class deposits. With his decades of experience in the industry, Rule provides a deep dive into the complexities of mining investments, shedding light on lucrative opportunities and potential pitfalls. From the intriguing case of Reunion Gold and NG Energy to the compelling merger of Metalla and Nova, Rule offers expert analysis on the strategic advantages and financial implications of consolidating mining operations. Drawing parallels with past industry mistakes, he emphasizes the importance of learning from history to maximize shareholder value.

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    A different type of buyer that emerges for a very large mine and although it’s early days and I could easily be wrong technically I believe that the consolidation of the two companies could ultimately prove an ore body in the 10 million ounce size uh roughly doubling the contained

    Reserves and resources that have been identified so far uh really anything north of five works but a 10 million ounce deposit is extremely rare uh particularly uh with its uh size grade and tenor in the ever evolving world of mining Investments the dynamic landscape often presents opportunities that may

    Not be immediately apparent in a recent video industry expert Rick rule delves into the Intriguing possibilities of merges exploration strategies and the potential emergence of worldclass deposits today we’ll break down his insights focusing on the compelling cases of reunion gold and NG energy Rick Ru Begins by discussing the potential

    Merger of reunion gold and NG energy emphasizing his belief in the similarity of their or bodies according to rule despite differences in quantity and grade these deposits may share the same mineralizing events he highlights the advantages of merging these two entities primarily the elimination of duplicate overheads and streamlined operations the

    Remote location of the deposits and the proximity separated only by a property line provide a rationale for combining forces rule anticipates a bidding war if the merger materializes envisioning a Consolidated or body potentially reaching 10 million ounces of Rarity in the mining industry before we continue to delve into this discussion please

    Subscribe to our Channel and activate the Bell icon for timely updates it is easier for me to understand reunion uh it is arguable that G2 is cheaper uh I believe it to be the same or body I believe that G2 is a different expression of the same mineralizing

    Events thus far G2 has not found the larger qu quantities of lower grade uh uh or they have found uh smaller qualities of very high-grade uh underground material I still believe it to be uh the same deposit the same mineralizing event or mineral ing events given the relatively remote location of

    The deposit and the fact that as I say it’s I think one deposit separated by a property line it makes sense for the companies to merge to build one big mine and not have duplicate overheads and all that kind of stuff and I think that may occur right now the management teams are

    Competing for capital in the same Capital markets uh doing what you would expect them to do slagging each other saying I’m better uh stuff like that uh they have a lot lot of common shareholders myself included who would like to see that end sooner rather than later uh and see them

    Become one there is a different type of buyer that emerges for a very large mine and although it’s early days and I could easily be wrong technically I believe that the consolidation of the two companies could ultimately prove an or body in the 10 million ounce size uh roughly doubling the contained

    Reserves and resources that have been identified so far uh really anything north of five works but a 10 million ounce deposit is extremely rare uh particularly uh with its uh size grade and tenor uh and I mean I I really think that if these companies merged and if they Consolidated their exploration

    Budget uh to uh optimize one mine uh I think that this would be a deposit that any one of five companies had to own and I look forward to the bidding war that might transpire in that circumstance nextg fision is is an even more uh is an even better example

    Now Steve I need to tell you going back in history 25 30 years the Canadian diamond mining industry had the same circumstance aati and diic were two Diamond discoveries parenthetically north of where Santa Claus is alleged to live like way way way up there as my memory serves me they were 19 kilometers

    Apart and inexplicably they built two different mines uh they duplic ated all of the infrastructure it probably cost the combined shareholder base half a billion dollars wow uh to sustain that idiocy so the mining industry is capable of doing some phenomenally stupid things one would hope that that lesson is fresh

    Enough in investors Minds that the management teams at NextGen and fision and the management teams at uh uh reunion and G2 aren’t allowed to do that I think the merger uh of matala and I forget its sister company into one company Nova Nova uh presents a much more compelling opportunity than existed

    When they were separate uh you don’t have to worry anymore about conflicted time and attention among Management on Monday you used to have to ask yourself well who are EB and Brent working for today are they working for me or somebody else both talented guys you don’t have to worry about that

    Anymore uh two they have the size and scale uh to increase trading liquidity which lowers their cost of capital in a capital intensive business uh I need to say that I don’t own the combined company yet uh it is not uh on the list of royalty and streaming companies that

    I own but I also need to say that I’m looking at increasing my exposure to the sector and it’s certainly one that I’m looking at carefully with a view to doing that I think it’s it’s much more attractive together than it was apart it’s been an amazing series of

    Discoveries thus far there isn’t a m there thus far there are a series of either lenticular veins or pods uh and it’s difficult for me right now to uh draw a plan view or a mind view cross-section that makes one big mind it looks to me like they’re going to have

    To build a central processing facility uh and they’re going to have to drill they’re going pardon me have to draw from a lot of small separate operations uh I I hope I’m wrong I’m incredibly pleased with the success that they’ve enjoyed but I I think one of the reasons

    Why you haven’t seen an updated resource is the lenticular or potty nature of the deposit drawing parallels with the Canadian diamond mining Industries past blunders rule underscores the importance of avoiding the duplication of infrastructure and operational inefficiencies he urges the management teams to learn from history and consolidate their efforts for a more

    Effective and profitable operation shifting gears rule explores the merger of Meda and its sister company into Nova presenting a more compelling opportunity than their separate existence he discusses the benefits of eliminating conflicting time and attention among management emphasizing the Newfound size and scale that enhances trading liquidity and reduces the cost of

    Capital while rule doesn’t currently own the combined company he expresses a keen interest in increasing his exposure to the sector recognizing the attractiveness of the merged entity over its individual components the market has rewarded them extraordinarily well uh for the high quality hits that they’ve enjoyed uh in recognition I think of

    Eric’s superb track record uh at analyzing these sort of things early and not confusing himself too much with the nature uh of the deposit and also frankly with the uh unbelievably good communication skills exhibited by Colin catel uh the CEO I don’t own it uh for me personally the

    Market capitalization relative to the reserve and resources that I can put my thumb on uh and the and the production rates uh I just don’t understand that the depos it well enough to be able to to pay the price that the market is charging for it now it’s important to

    Note that several times uh in my career I have been unable to see what Eric Sprat has been able to see and the consequence of that is that I used to work at a place called Sprat he never worked at a place called Rule so I have Centaurus at a

    Four uh if I thought that the nickel Market was closer to Turning I’d have them at a three uh this is a potential world class deposit uh both in terms of nickel but also in terms of platinum and Palladium I expect both all of nickel platinum and padium to likely Trend

    Lower in 2024 I expect that because I think 2024 is a replay of 1990 and 1991 where the Russians needed money and when the Russians need money they sell whatever they have in the cupboard uh and what they have in the cupboard is copper nickel platinum and Palladium and

    Until you’ve seen the end of Russian dording you will see downward pressure in those markets the nickel Market is further constrained by the increase in later rate nickel production in Indonesia which I expect happens for another year and a half recently I flew over the nickel mines in southern suu in

    Indonesia and I must say that even a hardened mining Observer like me will be horrified by the environmental Devastation that’s occurring in suoi the offshore tailings disposal um and I don’t think that the Indonesian citizenry or the Indonesian government will continue to permit an increase in the size of the

    Devastation that’s occurring in suo uh having said that uh if you are looking at nickel markets or platinum and plaum markets the idea a that you’re going to experience much joy in 2024 is low turning his attention to Next Gen fishing rule highlights the challenges of exploring a series of

    Lenticular veins or pods that may require a central processing facility despite the difficulty in envisioning a unified mining plan rule acknowledges the Market’s positive response to highquality hits and Praises CEO Colin cattle’s communication skills however rule admits to not fully understanding the deposit and cites it as a reason for

    Not owning it he shares the importance of recognizing one’s limitations and acknowledges instances where he couldn’t see what others like Eric Sprout could discussing Centaurus nickel rule acknowledges the potential worldclass nature of the deposit but predicts challenges in the nickel platinum and Palladium markets in 2024 he attributes the anticipated downward pressure to

    Russian selling and increased laterite nickel production in Indonesia despite the short-term challenges rule expresses a preference for world scale deposits citing a 5-year Horizon he sees the current market conditions as attractive for those with a longer term perspective while cautioning investors seeking quicker gratification I love world scale

    Deposits and because I have a five-year Horizon the fact that Centaurus will be challenged the fact that Bravo will be challenged the fact that these high-grade maic and Ultra mafic Brazilian deposits which I believe will become world scale deposits are facing soft markets is attractive to me uh I

    Realize that you have some listeners who have either the psychological or the financial need for quicker gratification uh and and those people would be well advised to Avo avoid those stocks they’re at the stage where they have to do that uh what you need to do with that

    Deposit is really two things you need to quantify the size and I think this easily has the ability to be what I would classify as a tier one deposit meaning in excess of 10 billion uh dollars of recoverable Inu reserves and resources at today’s commodity

    Prices but you need to prove that uh you need to give that to the market you also in a deposit that size uh need to develop out a high-grade core so that you can recover in the early years The Upfront Capital costs involved in building uh a very big mine and while

    You’re doing that you need to extract enough Rock that’s representative of the different or types that you can do the metallurgical work that’s necessary to build a processing plant that’s optimal all of that requires money lots and lots and lots of money that’s why the predevelopment phasee and the

    Development fa phase is often regarded as the boring part of the mining business lots of money goes in and at the beginning not much certainty comes Out

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