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3 investing ideas from Sprott’s Rick Rule

Rick Rule is chairman of Sprott U.S. Holdings Inc. His focus is on precious metals stocks.

Top investing ideas:

Ivanplats Ltd.

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Virginia Mines Inc.

Uranium Participation Corp.

Past investing ideas: March 05, 2013

Belo Sun Mining Corp.
Then: $1.01
Now: $0.69
Total return: -31.68 per cent

Lydian International Ltd.
Then: $1.64
Now: $1.60
Total return: -2.44 per cent

Ivanplats Ltd.
Then: $4.04
Now: $2.66
Total return: -34.16 per cent

Total return average: -22.76 per cent

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Market outlook:

We need a capitulation selloff to end resources bear market. Expect summer doldrums through September, then a low-volume recovery. Takeovers, valuations, discoveries are catalysts for market recovery in mid-2014. Key risks include a psychotic break like 2008, or an interest rate rise.

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