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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 25444.30 0.26%
S&P 500 2767.78 0.04%
NASDAQ 7449.03 0.48%
TSX 15470.10 0.43%
TSX-V 682.16 0.00%

Resource Commodities

Name Last Change
Gold 1223.42 0.29%
Silver 14.63 0.00
Copper 2.77 0.000
Platinum 834.30 0.02%
Oil 69.12 0.68%
Natural Gas 3.25 1.60%
Uranium 27.68 0.00%
Zinc 1.22 0.00%

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