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Rick Rule: Large Miners "Crowding" Back Into Exploration

Rick Rule, Chairman of Sprott US Holdings, discusses the general state of the resource equity market. He notes that the "Cost of Money is high, Large commodity producers are depleting mine reserves," and are now shifting back toward exploration.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 24277.70 0.60%
S&P 500 2626.71 0.42%
NASDAQ 6992.53 0.40%
TSX 14669.27 0.40%
TSX-V 564.02 0.00%

Resource Commodities

Name Last Change
Gold 1241.60 0.21%
Silver 14.54 0.14%
Copper 2.72 0.040
Platinum 783.63 0.40%
Oil 51.00 3.16%
Natural Gas 4.55 1.25%
Uranium 28.75 0.86%
Zinc 1.21 0.00%

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