“Stick with the best and f*** the rest”
Legendary Investor Rick Rule, Sprott Asset Management
I’ve been warning our readers for years that if you’re going to invest in these powerful net worth game changers in the junior resource space, always proceed with extreme caution.
For the most part, the sector should be avoided entirely. The mindset shown by Leonardo DiCaprio in The Wolf of Wall Street is exactly the same type of people you are dealing with in Vancouver. Even with many of these award-winning teams, it’s all a scam. It’s simply paper pushers giving themselves made-up awards at mining shows.
In 2011, about the time I was ready to write the entire space off, I was introduced to a man by the name of Rick Rule.
He was one of the few men who had a clean reputation with retail investors. In fact, for decades, investor conferences have purposely scheduled Mr. Rule first to speak in the mornings, in order to get investors out of bed and sitting in a conference room for the day.
Meeting Mr. Rule was the first piece of a puzzle for me when it comes to finding extraordinary success in the space for myself and my family. It got me to the point where I now get to write purely for the enjoyment, researching and finding the right people and deals for us to look at.
As a matter of full disclosure, one that I am very proud of, I only own the stocks we suggest in this letter.
On one lucky occasion after interviewing Rick Rule — who’s literally made hundreds of millions of dollars in the space — he described many lessons he had learned over the course of his 40-year career. One of them was that out of the hundreds of investments he had made over the decades, in the end, it came down to a handful of people who he actually made money with.
It’s how I ended up meeting and becoming friends with Marin Katusa, a top fund manager for the space. If it’s a deal worth owning, odds are it’s been across Marin’s desk. On his own now, Marin was mentored by one of the greatest speculators of all time: Doug Casey.
This is where Amir Adnani comes in. Whether it’s Doug, Rick, or Marin, they’ve all backed him big with their dollars.
They’ve even predicted individually that it’s likely he’ll be the next big name in the sector. Mr. Katusa even stated that he thought Amir was the next Robert Friedland, a billionaire speculator who made investors rich in the 1990s.
Since I’ve personally known Amir, I have had the chance to get to know him on a personal level, as well as a professional one while covering his companies.
Here is why I think you’ll make more money sticking with Amir Adnani than 99.99% of the other people running these types of companies.
1. His ability to attract the best people.
Between his two companies, he has a former Energy Secretary, former Canadian Cabinet Minister, and the Chairman of the oldest merchant bank in Brazil. Any one of these individuals could pick up the phone and call up a president or a prime minister, and you know what, they are partnered with Amir.
2. He’s disciplined in a sector that has proven to be wasteful.
It was cheaper to acquire than to drill during the bear market, and that’s what GoldMining Inc. did. The acquisitions were incredible. With minimal dilution, each deal was structured to benefit shareholders.
3. He’s a real business builder.
You won’t find any insider selling from Amir – ever! He’s the 2nd-largest shareholder for GoldMining Inc., only second to Rick Rule, Marin Katusa, and Doug Casey’s KCR Fund. Amir travels the world for GoldMining Inc. I would bet, and we will ask him on our interview today, if he’s ever been in one city for more than two or three weeks since launching the company.
With Amir, he’s non-stop, and it’s because he’s not in this to make a little money for himself and walk away. He started GoldMining Inc. in the spring of 2011, and I suspect he’s looking to build his own 100-bagger.
4. You’ve never met anyone like him.
Think about the nearly 600 mining companies that went away during the bear market. Today, GoldMining Inc. has $20 million in cash, 18 million ounces of gold resources, and has been one of the best-performing stocks you can own in the sector. One a side note, his other company, Uranium Energy Corp., is one of the handful of survivors after the Fukushima disaster.
Think about that… He’s managed to overcome two of the worst bear markets (uranium/gold stocks) in the last 10 years, and he’s not only come out on the other side, he’s done it twice!
Summary: Think about the type of person and the mind that it takes to do what he’s done in extraordinarily hard times for both the gold and uranium space.
With Amir, you get the real deal. He has the ability to attract the best partners and shareholders. From Rick Rule to the richest man in all of Asia, Li Ka-shing, they’ve all written large checks. When you look at the analysts, major Wall Street firms right now have big, buy recommendations.
I’m not going to mention names, but several large publications have sold GoldMining as a pick, and in order to receive it, readers had to pay as much as $4,000!
The top funds and analysts see it, and I am very blessed to know Amir and be able to speak with him on a regular basis.
If you really want to make money investing in the gold space right now, I suggest pruning out the names and people you don’t know and taking Rick Rule’s advice, sticking with people like Amir Adnani.
Consider owning shares of GoldMining Inc. (TSXV: GOLD & US: GLDLF).
President, FutureMoneyTrends.comEditor’s Note:I am long GoldMining Inc.
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