Thread by @BambroughKevin

FYI. I’ve heard from a few people that @RealRickRule said the the easy gains have been had in #uranium and is pushing #gold as the better play.

I’ll let Rick chime in if he wants to discuss things. But I’m pretty sure he told me he was 2-3 years early last uranium cycle and sold mostly out a year before the peak. Probably happy with $65-75/lb

Yes he made a great pass on $pdn but we at Sprott under my recommendation bought in at $0.08 basically at the start of the bull and rode it to $3.50 before selling any and ultimately to $6+ for final shares

We also had warrants form our various financings and owned 20 percent of the fully diluted shares along most of the bull.

Rick also was only in at the start of this #uranium bull because he kept companies like $fcu under his thumb for a decade or more. Yes he will do great cause he financed some juniors and gets warrants and they did debt deals.

But he missed this cycle by 8 months and in fact missed most of the ‘easy returns’. He was warning against $pdn over a year ago prior to their financings. For those that got in early we have 6x-10x returns and stand to get 5x-10x returns on some from here

I personal believe he’s more concerned about talking down the #uranium price today than taking it up. They are obviously fixated on obtaining an nyse listing sput. Me I couldn’t give a shit. Anyone can fire up an account with a broker that will let them trade tsx

A year ago I opened one in a couple days (IBKR) so that I could trade ASX, Europe and also futures like nymex for uranium. If SPUT can issue $90mm in a day on tsx then it’s fairly obvious we don’t need nyse. It will happen but it’s not needed

I get lots of requests for interviews and turn them all down. I would happily agree to a debate with Rick Rule as long as it includes a debate about ‘Bridging Finance and 3rd Eye Credit Fund’.

I’d love to publicly discuss the history of these products with Rick and for him to disclose if he supported the products and as a Director of Sprott what he actually did to address the concerns about this products raised by some a decade ago.

For the record. I’d never put my name on a product I don’t believe in. If I don’t/didn’t have confidence in a product I would never let it be sold to clients. I’d rather tell everyone at the firm that I want nothing to do with them. Especially if they lie when marketing

I expect what we will hear from @RealRickRule is ‘crickets’

The ‘easy money’ was buying at the March lows. Only problem is you had to see the covid collapse coming and be in cash (or better short the market. I tweeted in January I was shorting FYI)

I’m right here and would love to have a debate but I seriously doubt he will be willing to talk about the subjects I will want to discuss. I’m so hungry to have fulsome public discussion.