Heads Up Poker Podcast

Rick Rule, legendary natural resource investor and founder of Rule Investment Media, joins Steve Barton on Rule Classroom for a high-impact session dissecting the real value behind today's mining stocks. With sharp analysis and decades of industry insight, Rick explains why gold producers may actually be undervalued—despite rising share prices—when adjusted for current gold prices using net present value models. He exposes the flood of financings hitting the sector and teaches how to separate shareholder-friendly raises, like IA Gold & Silver’s strategic $145M deal, from the dilutive ones. Rick weighs in on Ivanhoe’s operational setback and long-term value, and offers a clear-eyed view of Hot Chili’s copper-gold project, citing IRR concerns and upside potential. Expanding the discussion globally, Rick breaks down the implications of Ecuador’s new mining fees, and ranks top emerging companies including Surge Battery Metals and Meteoric Resources. This session is a masterclass in evaluating mining feasib