Rick Rule

Pierre Lassonde is one of the 'superstars' of the resource sector. He co-founded Franco-Nevada, the largest royalty and streaming company in the mining sector. The company was acquired by Newmont Mining in 2002, and then split off in '07 at a value of $1.2 billion. Its current market cap is... Show More

Rick Rule

Why the resource super-cycle is still intact - Natural-resource-based industries are very capital intensive, and hence extremely cyclical. Some of the cyclicality of these industries is a function of their being extraordinarily capital intensive. This lengthens the companies' response times to market cycles. Strengthening copper prices, for example, do not... Show More

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