Mining Stock Education

Strategic resource investor Michael Gentile believes junior mining stocks will see a rerate higher as they are “entering the market recognition phase.” He offers a wide range of junior mining stock investing advice and analysis in this discussion with Bill Powers at The Mining Event in Quebec City on June 4th, 2025. From 2003 to 2018 Mr. Gentile worked as a professional money manager at Formula Growth Limited, an independent investment management firm established in Montreal in 1960 with a long-term track record of creating investor wealth. While at Formula Growth his main sector focus was the mining and natural resource sectors. In 2012, Mr. Gentile became the co-manager of the Formula Growth Alpha Fund, a market neutral hedge fund focused on small to mid-cap equities. From 2011 to 2018 the Formula Growth Alpha Fund became one of the largest market neutral funds in Canada, growing its assets under management to over $650 million by the end of 2018. In October 2018, Mr. Gentile retired from full time money

Expert Ed Baer reveals his contrarian mining stock secrets that made him millions, in his first-ever podcast interview. In this MSE exclusive, you learn how he took an issuer from $38M to over a $400M valuation; and hear about some of his large wins. Ed explains what retail investors get wrong, shares numerous contrarian tips, reveals how he values junior mining projects, offers his unique jurisdictional perspective from first-hand experience; and shares one stock pick. You will hear unique, contrarian insights from a proven resource sector expert. Ed Baer currently serves as CEO and Executive Member of the Board of Directors for the private resource investment company DNA Gold Corp. Mr. Baer has extensive experience in strategic planning and business development, spanning over 30 years in the natural resources sector. In his capacity as Interim Chairman and CEO of European Goldfields Ltd., he effected the transformation of the company through strategic initiatives that leveraged his project management, fin

Bill Powers and Brian Leni offer junior mining insights in their monthly MSE episode. Brian shares his top stock and explains why it is the biggest position in his portfolio. Bill explains a big mistake. And both Brian and Bill converse about the many nuances of speculating in junior mining stocks. Some topics covered are jurisdictional due diligence, insider ownership analysis and how to make investing decisions. 0:00 Introduction 1:00 Lifestyle co. “investing” 3:31 LIFE financing 5:31 Sector broken? 8:46 Alaska or Yukon? 13:45 New jurisdiction due diligence 19:51 Brian’s #1 junior mining stock 29:02 Low insider ownership 35:34 Initial due diligence 38:28 Mistakes 46:18 Marketing 53:19 Macro Brian’s website: https://www.juniorstockreview.com/ Bill’s Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Kenorland Minerals is an MSE sponsor. Mining Stock Education offers informational content b

“We are pleased to have Agnico Eagle, one of Canada’s premier companies and a top global gold producer, make an additional investment that will permit Fury to advance our understanding of the exploration potential at our Committee Bay project in Nunavut,” commented Tim Clark, CEO of Fury. “We believe the Arctic is likely to become increasingly important for future mineral exploration and with this in mind, we are excited to accelerate our plans to build on past drilling success. As a reminder to investors, Fury retains full ownership of this exceptional project, which spans a 300km greenstone belt—an impressive land package that is unique for a junior exploration company.” Fury announced that it has entered into a subscription agreement with Agnico Eagle Mines Limited pursuant to which Agnico Eagle has acquired, on a non-brokered private placement basis, 6,728,000 units in the capital of Fury at C$0.64 per unit for gross proceeds of C$4,305,920. Each unit consists of one common share of Fury and one common s

Pro Investor David Erfle now sees value in the higher-risk junior miners. David was hesitant to move his investment capital down the food chain into the smaller juniors. But now he sees profit-taking in the major majors which is trickling down into fund flows into the juniors. David shares his commentary on recent precious metals and miner price action. He also discusses how he has managed his portfolio over the past month. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-tim

Joe Mazumdar of Exploration Insights offers pro insights on several mining stocks and recent sector transactions. He also discusses his junior mining stock exit strategy, how mine financiers approach new mine builds, U.S. minerals policy and his recent Peru site tour. Joe Mazumdar is editor and analyst at Exploration Insights. Joe has an extensive, multi-decade background in working for both mining companies and the financial institutions that cover and invest in mining equities. He possesses an excellent understanding of geology, the process of exploration and development, and what it takes to run and finance a mining company. 0:00 Introduction 0:16 Foran Mining $350M financing 2:35 Pan American Silver acquires MAG Silver 7:13 Gold producer valuations 8:43 Fund flows into gold stocks 9:38 Exit strategy 13:36 Negative copper treatment charges 19:52 Former Newmont exec leading US minerals policy 23:52 Modeled gold price for development financing 27:44 Poly-metallic deposits 29:53 Peru site tour Joe Mazumd

Analyst Lynette Zang foresees hyperinflation and a mad rush in tangible assets and precious metals. The currencies of the world will be reset to deal with excessive sovereign debt. This will eventually lead to gold being priced at $40,000 per ounce. Her message is to prepare now for the challenging times ahead. Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst. She has been studying currency lifecycles since 1987 and discovered similar social, economic, and financial patterns that occur throughout the stages of a currency’s lifetime. She believes that recognizing these patterns enables people to see what’s coming and make well-informed choices that put their best interest first. She is a sound money advocate and macro-economic commentator who seeks empower individuals to attain financial freedom and independence utilizing the principles of sound money and community. 0:00 Introduction 1:06 Hy

Ivan Bebek, Chair and CEO, commented, “As we deepen our understanding of the Sombrero system, our confidence in the size and potential of the broader district continues to grow. These early drill results confirm our belief that we are only beginning to unlock the value of this largely underexplored, yet highly promising, land package. Although our initial permitted polygon was quite limiting, we have been able to develop a strong pipeline of drill-ready targets across the property and eagerly await the surface data collection on new, high-grade skarn and porphyry targets. Our priority is to secure key permits which are underway, in order to position ourselves to drill the most robust outcropping areas in the next phase of drilling. We are looking forward to additional exploration results and permit advancements as we prepare for a busy second half of 2025.” Sponsor: https://coppernicometals.com/ Press Release discussed: https://coppernicometals.com/coppernico-confirms-large-scale-copper-skarn-system-and-ex

Rick Rule reveals how artificial intelligence will make the best mining investors even better. Less than 10% of investors, he thinks, will skillfully use A.I. to maximize returns. Rick sees A.I. widening the gap between the “best” and the “rest” of mining investors. He believes A.I. will end up making the junior mining market more inefficient, rather than more efficient. Listen and learn from Rick Rule’s half-century of investing in junior resource stocks! 0:00 Introduction 0:41 A.I. impact on junior resource investing 3:07 A.I. Rick Rule versus Real Rick Rule 5:46 Publicly traded merchant banks 8:27 Investor mistakes: time, greed & laziness 12:19 “Sometimes stocks get cheap enough” 16:13 A.I. will make the market more inefficient 21:19 Rule Symposium Rule Symposium July 7-11 in Boca Rotan, FL: https://registration.allintheloop.net/register/event/rick-rule-symposium-2025-ccha?via=mse Gold Stock Online Bootcamp: https://lumaconference.com/bootcamp-partner/ If you would like Rick to review your mining stock

Bill Powers and Brian Leni offer junior mining insights regarding discerning junior mining stock scams. Using examples, they discuss the differences between a scam and something shady, but not provably illegal. Furthermore, they discuss when seemingly shady actions might be intentionally strategic from management’s perspective. The perspectives shared are debatable but seasoned junior resource speculators must learn to understand and navigate through the nuances of whether a junior mining situation is strategic, shady or a scam. 0:00 Introduction 1:19 Defining a scam 6:48 Scam or shady? 10:15 Shady or strategic? 12:15 Giga Metals Sept 2020 example 25:34 Finance-background CEOs 30:24 “Nobody besides management made money” 37:21 Skill or luck? 42:10 How to deal with regret Brian’s website: https://www.juniorstockreview.com/ Bill’s Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stoc

Analyst Jayant Bhandari explains why investor paranoia is holding down junior gold stock prices, in this MSE episode. He explains why, unlike most junior resource investors, he does not care about the Lassonde Curve. Jayant explains why the Canadian markets should ban warrants and explains how he thinks junior miners should finance themselves in a manner equitable to their shareholders. Furthermore, he shares two junior mining arbitrage opportunities he is currently capitalizing on. Jayant Bhandari of Anarcho Capital, is constantly traveling the world to look for investment opportunities, particularly in the natural resource sector. He advises institutional investors about his finds. He was a Director on the board of Gold Canyon, a publicly-listed Canadian company, until its merger with another entity. Earlier, he worked for six years with US Global Investors (San Antonio, Texas), a boutique natural resource investment firm, and for one year with Casey Research. Before emigrating from India, he started and r

Pro Investor David Erfle describes how western investors have finally rediscovered gold and gold stocks. He shares why silver may be a good reversion-to-mean trade right now. Dave explains how some junior gold stock speculators have capitulated and sold due to the recent volatility. He shares his observation regarding recent junior gold stock sentiment and teaches what he is currently looking for in a PEA-stage gold developer. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-

Elliott Wave Analyst Mark Galasiewski foresees Gold leading a multi-decade commodities and miners bull market. Bitcoin and info-tech will decline. The U.S. Dollar will fall; but emerging markets will prosper. Interest rates have now entered a long-term rate rising cycle. We are at a great inflection point in which funds will increasingly flow from intangible assets (bitcoin/tech) and into tangible assets (gold/commodities/miners). Mark Galasiewski (gala-SHEV-ski) began his analytical career in 2001, researching fundamentals of listed stocks at an institutional brokerage in Stamford, Connecticut. Since joining EWI, Mark has presented at several investment conferences in Asia and has been interviewed by and featured in major media outlets such as Bloomberg TV Asia, India’s CNBC TV-18 and ET Now, the South China Morning Post, Bloomberg newswire, Dow Jones Asia newswire, Barron’s, Forbes, and Press Trust India. Mark has a degree in East Asian Studies and lived for six years during the 1990s in Japan. He is fluen

Pro small-cap investor Mark Zaret discusses his investment rationale for two junior gold stocks in his portfolio. He also shares timeless investing wisdom regarding how patience and discipline have yielded him long-term profits on the other side of extreme market volatility. Throughout the interview, Mark shares his approach to small cap speculating which has produced tremendous wealth for himself over the decades. Mark began investing in the early 1990’s and achieved a significant net worth by focusing on Canadian micro-cap companies, especially junior resource stocks. Success was achieved through a disciplined approach of investing primarily in early life-cycle companies with low market caps, high insider ownership, and executive boards with strong credentials. Mark is currently working at Spartan Fund Management as an analyst and strategist in the area of small and micro-cap investing. Be inspired and educated by a 30-year mining stock veteran in this interview. 0:00 Introduction 1:02 Small-cap volati

GeoPool founder and president Mathias Forss provides firsthand intel about the opportunities and threats in Nordic exploration and mining stocks. His company GeoPool is headquartered in Finland and provides services on a broad scale, from field exploration to permit management and corporate administration. The company connects exploration and mining companies with contractors, stakeholders, landowners, and authorities. GeoPool helps ensure a smooth flow of information between all parties of an exploration project and helps maintain a good relationship with the local communities. 0:00 Introduction 3:29 Nordic mining overview 8:11 Norway jurisdiction 14:44 Norway infrastructure 15:55 Reindeer 18:09 Norwegian exploration 20:25 Norwegian geology 21:43 Refiners 24:30 Sweden 27:02 Sweden & Finland exploration 34:51 Finland permitting process 40:04 Necessary CEO expertise https://geopool.fi/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/

Private resource investor Sultan Ameerali reveals where he is uncovering ignored value opportunities in the resource sector. He looks for “free upside”, while protecting his downside. And Sultan has identified a mining special situation in which his cost basis is negative, yet his upside is uncapped…truly a rare find. He explains how he discovered and capitalized on this opportunity. In this 1-hour MSE episode, Sultan discusses a range of issues, reveals multiple stock picks and explains his thorough due diligence process to resource stocks. 0:00 Introduction 1:10 Gold focus now 5:05 Shorting mining stocks 8:32 Portfolio allocation 11:28 Finding ignored value 14:13 Carbon credits 16:16 Uncovering asymmetry 18:18 Turnaround track record 20:02 Minera Alamos 25:37 Uranium play 29:45 Silver 33:43 Stock pick 47:02 Balancing skepticism & positivity 52:25 Mining special situation play 1:00:03 Stock pick 1:03:50 Kenorland Minerals Sultan’s Twitter: https://twitter.com/SultanAmeerali Sultan’s Website: https://www.co

Bill Powers and Brian Leni offer junior mining insights about Eric Sprott’s investments, New Found Gold Corp., overpaid CEOs, and much more in this MSE episode. Bill and Brian share why they both passed on investing in $NFG back in 2020. They discuss the ideal junior mining CEO profile and the pros and cons of a junior hiring a lead executive from a larger miner. Brian offers some of his current thoughts on portfolio allocation and exit strategy. Finally, they discuss whether late-stage developers must posture as if they are going to build the mine to receive the proper valuation from the market. 0:00 Introduction 0:53 New Found Gold 5:58 Promotion 12:06 Viewing Eric Sprott’s investments 16:21 CEOs in too many deals 20:44 Corp background CEO: pros & cons 26:49 Portfolio allocation 34:22 Exit strategies 39:59 Must developers posture as mine builders? Brian’s website: https://www.juniorstockreview.com/ Bill’s Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcri

Pro Investor David Erfle sees the rotation out of overvalued equities and into undervalued gold stocks happening in real time. He also discusses how he is playing this gold stock bull run, whether Newmont is still the sector bellwether stock, how to apply technical analysis to gold stocks and much more. David Erfle is a self-taught mining sector investor. He stumbled upon the mining space in 2003 as he was looking to invest into a growing sector of the market. After researching the gains made from the 2001 bottom in the tiny gold and silver complex, he became fascinated with this niche market. So much so that in 2005 he decided to sell his home and invest the entire proceeds from the sale into junior mining companies. When his account had tripled by September, 2007, he decided to quit his job as the Telecommunications Equipment Buyer at UCLA and make investing in this sector his full-time job. David founded the Junior Miner Junky subscription-based newsletter in April, 2017 and writes a weekly column for pre

Gold stock fund manager and Austrian economist Larry Lepard sees $5,000 to $10,000/oz gold in the next several years. He believes gold stocks present an asymmetrical opportunity for investors. Larry shares some gold stock picks. He also explains the thesis of his new book, “The Big Print” and offers a sound money solution in contrast to the current monetary system. Lawrence Lepard runs Equity Management Associates, LLC, an investment partnership which has focused on investing in precious metals since 2008. Prior to EMA, Mr. Lepard spent 25 years as a professional investor and venture capitalist. From 1991 to 2004 he was one of two Managing Partners at Geocapital Partners in New Jersey which managed six venture capital partnerships, the last of which was $250 million. Geocapital was very active in technology, software and computer investing and invested heavily in the internet starting in 1993. Geocapital was the lead investor in Netcom, Inc., the first internet service provider to complete an IPO in 1996. Pr

Jacques Bonneau shares tips from his newly published book, “The Art of Investing in Junior Mining” in this MSE episode. He also reveals some junior mining stocks that he currently likes. Jacques Bonneau has over 40 years of experience in the mining industry. He has been involved in all the main stages in the evolution of a mining company, from exploration through development to production. During his career, he rose from field geologist to president of junior mining companies. More recently, he has acted as a consultant, a financial advisor for flow-through funds, a lecturer and a mentor. 0:00 Intro 1:09 Jacques’ background 4:21 Rational investing 6:43 Learning process 12:03 Six golden rules 15:03 Timing buys and sells 18:01 Choosing the right companies 19:59 Non-gold metals investing 22:45 Project vs. People 24:58 Why investors lose 26:07 Discovery probability 30:26 Risk-Reward formula 35:43 Current market opportunities 40:47 Stock picks 45:39 The Art of Investing in Junior Mining To purchase “The Art of