Finance > M-a

Stop the press, Rule says miners now acting like real businesses

High-profile North American resource sector investor Rick Rule expects a healthy 2-3 years to unfold in the resources sector, quipping the bar has been set so low when it comes to the expectations of the general investment community about miners, “that getting under the bar could be harder than getting over it”.

Michael Quinn in Toronto

Finance > M-a

Stop the press, Rule says miners now acting like real businesses

High-profile North American resource sector investor Rick Rule expects a healthy 2-3 years to unfold in the resources sector, quipping the bar has been set so low when it comes to the expectations of the general investment community about miners, “that getting under the bar could be harder than getting over it”.

Michael Quinn in Toronto

Stop the press, Rule says miners now acting like real businesses

Rick Rule: Smart M&A on the way

Speaking at PDAC in Toronto, Rule suggested the general scepticism about miners was well founded given shocking recent performance. He pointed to the fact that gold miners last decade delivered declining cash flow per share despite a six-fold increase in the price of their commodity!