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.

TOPICS IN THIS INTERVIEW:

00:33 'Cost of Capital' For Resource/Mining Companies Today

02:32 Where is Rick Rule Allocating His Capital?

05:20 Bear Markets Are Sales; Imagine Buying Entire Companies Outright

10:29 Prospect Generators - Unknown, Unloved, Unwanted--Perfect.

11:59 Anecdote - Major Miners Circling Prospect Generators

13:26 Will The Majors Buy Prospect Generators Outright--Or Just 'Partner'