Mining Education

Quotes I remind myself of:

“Give me free optionality and I’ll make you a millionaire” – Pierre Lassonde
“Most people in the business don’t know how to value optionality.” – Pierre Lassonde
“We live in a world where optionality is not priced. It is not valued. And yet there is enormous value in optionality.” – Pierre Lassonde
“This is the easiest sector in the world because it always crashes and always rallies.” – Pierre Lassonde
“The size of the prize, the cost of the test, and your chance of success.” – Craig Perry on exploration
“Money is made on the Micro” – Rick Rule
“I love circumstances when the shorts are against me” – Rick Rule
“Small mines have big risks and make small money. Big mines have big risks and make big money.” – Rick Rule
“Everybody runs from the market when Prices go down because they think it connotes Risk… It’s just Stuff going on Sale.” – Howard Marks

Below are some education videos and articles for investors who wants to learn more about geology, mining and what to think about as a mining equity investor…