InvestorsHub Logo
Followers 7
Posts 937
Boards Moderated 1
Alias Born 06/30/2007

Re: None

Tuesday, 12/11/2012 11:46:04 PM

Tuesday, December 11, 2012 11:46:04 PM

Post# of 12573
Here is an interview of Rick Rule (11/27/12):
Interview Link

An interesting quote:
"The second thing, and it is somewhat hidden, is that we are coming into a discovery cycle. In the next 12 to 24 months, we are going to see reasonable, maybe spectacular, discoveries with increasing frequency. This is a market that rewards tangible results, for example, GoldQuest Mining Corp. (GQC:TSX.V) going from $0.06/share to $2/share; Reservoir Minerals Inc. (RMC:TSX.V), $0.30/share to $3/share; Africa Oil Corp. (AOI:TSX.V), $0.80/share to $10/share. There is nothing like discoveries to add hope and liquidity in the junior market."

I am sure it is still not an apples-to-apples comparison, but I would be curious to evaluate the similarities between GoldQuest and Explor. I did not follow the GoldQuest story, and it may be that they found an incredible resource. Nevertheless, I will be investigating the above examples further, as time permits. If someone else here is interested in doing the same, please post your research. I would be grateful to read it.

Understand the present. Create your future.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.