MTR/Rick Rule /Sprotts9 Oct 2018 11:27
A Gentle Reminder
..............The mining sector is littered with successes, and littered with failures too.
The most famous faces in mining investment are people like Eric Sprott and Rick Rule, have made careers and fortunes in the sector and seem to do it with consummate ease.
Serially successful operators can stand beside these successful investors too: men like Lukas Lundin, the founder and backer of several successful resources companies including Lundin Mining Corp (TSE:LUN), Adonis Pouroulis, the progenitor of Petra Diamonds Limited (LON:PDL), Rainbow Rare Earths Limited (LON:RBW) and the privately-held Toro Gold.
Another is Robert Friedland, famously the most successful promoter in the business, and the man behind Ivanhoe Mines Ltd (TSE:IVN).
These men have all built up considerable wealth and expertise over a time scale that spans several mining cycles.
An investment from Sprott, Friedland and Lundin is a marketable event in itself, and the networks of these men, and men like them, reach right around the world, and run right up to the biggest companies and down into the smallest, as yet unlisted exploration play.
Start-ups and early stage miners
Sprott in particular, has made a speciality of incubating start-ups and early-stage companies.
26 Sep 2018 https://www.proactiveinvestors.co.uk/companies/news/197734/mining-is-a-high-risk-big-reward-business-investors-can-learn-a-lot-from-the-sectors-famous-winners-197734.html