Mining Stock Education

Investors Brian Leni of JuniorStockReview.com and Bill Powers of MiningStockEducation.com share key junior mining stock investing tips that newbies ignore to their own peril. Junior mining stocks can often yield 10x or 1/10th your money. Listen to this discussion and consider how you are approaching this high-risk, high-potential reward sector. 0:00 Introduction 0:44 Losing money on a good decision 3:07 Keeping track of your emotions 6:44 Betting too much on one company 8:54 “I know now how much risk I actually took” 10:31 External reasons to sell can save you 14:44 Don’t irrationally hold on to losers 17:51 Emotionally detaching from losers and move on 21:21 Don’t overidealize a bullish take on a commodity 26:53 Online echo chambers 28:05 Would you invest if you think management is sub-par? 31:10 What to do with management projections? Brian Leni’s website: http://www.juniorstockreview.com/ Brian’s Twitter: https://twitter.com/Junior_Stock YouTube Playlist for New Mining Investors: https://www.youtube.com

“There has been a bit of a demographic shift. Guys my age are retiring, and they are not putting a lot of their money to risk as much anymore. Even the flow-through market here…there used to be a lot of doctors, dentists, lawyers that would typically put money in flow-through funds to get the tax advantage. The Canadian government has changed some of those rules and made it a lot harder. So, I think that is part of the disconnect [between the gold price and gold miners’ valuations],” says mining sector expert Brian Christie. Listen to this MSE interview for more insights from Mr. Christie. Brian Christie has vast mining sector experience. He began his career as a geologist and saw two mineral discoveries first-hand. Then he traveled the world as a journalist for The Northern Miner. Brian next served as a mining equity analyst for nearly two decades before leading the investor relations team at Agnico Eagle, a leading gold producer. Currently, Brian is on the board of directors for Wallbridge Mining and, sinc

“This sector [junior mining] when you think about it is fascinatingly dumb in a sense and so fascinatingly predictable. Because like Pierre Lassonde says it is the easiest sector in the world. His simple reasoning is that it always crashes and then always rallies. We’ve had the crash. What is the next step? We know what the next step is. The question is if we are going to be there for it. The next big move in the junior space is obviously up. I know a lot of people are worrying about the crash. But the crash has already happened,” says private investor Erik Wetterling in this MSE episode. Erik, furthermore, shares his current views on the junior mining sector and how he is managing his portfolio. 0:00 Introduction 1:06 Deploying money into the sector 5:20 Strategy for picking the right company 10:34 Choosing where you are on the spectrum of risk 16:21 Valuing exploration companies 21:25 Big targets = Big jurisdictional risk? 29:06 Portfolio Allocation 35:29 Introspection and how it's applied to the market 46

Private Investor Chris Moore turned $50k into $1,000,000 via a high-risk small-cap stock only to subsequently lose most of that gain in failed speculations. In this MSE episode, gain wisdom from his story and heed his warnings as he described what happened, his key learnings and how he approaches small-cap stocks now with more discernment and caution. Chris is an avid MSE podcast listener and was invited onto the show after Bill Powers learned his story and the many teachable lessons contained therein. Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inf

“Investing in the gold sector over the cycle has not proven to be a successful investment strategy. So, you do not want to invest in the entire sector. You want to be selective in the [gold] stocks you pick, whether the gold price is rising or not. And I think that remains the case for this cycle,” warns Resource Fund Manager Samuel Pelaez in this MSE episode. Samuel Pelaez is the President, CEO and CIO of Olive Resource Capital Inc. He has dedicated the past decade to financing natural resource projects while serving as Chief Investment Officer and Portfolio Manager at Galileo Global Equity Advisors, and as an analyst at US Global Investors. Mr. Pelaez has been an early investor in numerous resource discoveries and has been an active participant in Canadian resource corporate transactions. Samuel graduated from the Schulich School of Business with Distinction. He also holds a Masters in Finance degree from The University of Cambridge. He was a scholar of the Financial Leaders of Tomorrow Program at the PBOC

Tommy Humphreys reveals how you can network your way into the best junior mining stock deal rooms. He discloses his personal struggles, strategies, and stories from his journey as a Vancouver outsider to one now sitting amid the deal room. In this MSE episode, you will learn the initial steps and proven strategies regarding how you can begin to develop your network for junior mining investing success and improved deal flow. You’ll be inspired by Tommy’s personal stories, challenged by his example, and given a paradigm you can employ. Tommy Humphreys is now a self-described “Vancouver stock market insider on the hunt for the next Big Score.” He founded the popular mining investment website CEO.ca, which he sold in 2021. His current work can be found at TheBigScore.com 0:00 Introduction 0:56 Can average Joe retail investor network his/her way to success? 9:08 Manipulative flattery vs genuine compliments while networking 10:28 Online bitter brigade often misses out on the deal room 11:12 Dynamics of the rel

Pro gold stock investor David Erfle says that big money momentum traders are pushing gold higher in this MSE episode. David also discusses how to manage a junior gold stock portfolio in a bull market. 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 precious metals news service Kitco.com, whose website attracts nearly a million visits every day. 0:00 Int

Resource Sector Expert Jamie Keech reveals a very unique gold stock trade and the reasons why he is bullish energy for the next decade. Keech shared: “This decade coming up ahead of us is the energy decade. What we saw in tech, we are going to see in energy. We are going to see this in everything from investment in nuclear energy, renewables, oil and gas. I think this is a situation where we are going to see a massive spike in investment in energy.” Bill Powers and Jamie also discuss junior mining sector investor psychology and some pitfalls to avoid. 0:00 Intro 1:17 Where Jamie has been investing his money 6:43 How can you simultaneously invest in both carbon credits & oil and gas? 10:06 Reasons to be bullish energy 12:03 Starting with the macro or micro? 14:57 Resource speculator psychology: Jaded/cynical vs wiser/discerning 19:26 Invest in shareholder-led companies 22:38 Unique gold stock trade 30:20 Possible reason this gold stock trade could fail 32:33 Gold equities depressed still 33:45 Gleaning from

Listen to a nickel market deep dive with experts Alex Laugharne of the CRU Group and Martin Turenne of FPX Nickel hosted by investor Brian Leni of JuniorStockReview.com. Topics covered in this MSE episode include Indonesia's impact on global production, the variation across in pricing - labor, energy, etc, differentiating between "green" and "dirty" nickel, and their nickel price outlook for 2024. 0:00 Introduction 0:40 Indonesia 4:52 Nickel Dumping 7:54 Nickel Cost Curve 13:22 Is traceability the solution to differentiating between "green" and "dirty" nickel? 21:01 Japanese and South Korean investment in developers 26:47 Nickel Price Outlook 34:17 CRU Group services 35:33 Update on FPX Nickel Sponsor: https://fpxnickel.com/ CRU Group: https://www.crugroup.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 FPX Nickel is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and

In this MSE interview Keith Weiner, CEO of Monetary Metals, gives his analysis of a number of issues influencing the precious metals sector. Keith discusses what it will take for the Fed to pivot their interest rate policy, the Bank of Japan's interest rate hike, CBDCs/Bitcoin, and his outlook for precious metals prices in 2024. Keith Weiner is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. Keith currently serves as President of the Gold Standard Institute USA. He earned his PhD from the New Austrian School of Economics. 0:00 Introduction 0:45 Fed Pivot 6:44 Will we see 0% interest rates again? 10:13 How much further can Central Banks "kick the can down the road"? 12:59 Impact of the Bank of Japan raising interest rates by 0.1% 25:45 Economic case for Net Zero? 29:23 What scenario propels the West to the forefront of gold buying? 36:35 CBDCs / Bitcoin 44:39 Gold Price Out

“I worked hard and got lucky with multiple discoveries of size while in my 30’s” explains Rick Rule in this MSE episode. Rick offers both timely and timeless junior mining stock wisdom in this interview with Brian Leni. 0:00 Introduction 1:12 GLD outflows 4:56 Canadian Government's Review of Zijin's investment in Solaris Resources 8:30 Milei's election in Argentina - Impact? 13:15 Probability of Mexico's open pit mining ban? 15:05 Optimal breakdown of construction financing 18:57 Goal Setting as an investor 25:02 Learning through experience / making mistakes 26:51 How to attain wealth 31:07 Prospect Generator Boot Camp 36:10 Rick's view on Kenorland / Sumitomo deal 38:28 Rule Investment Symposium Rule Royalty & Streaming Online Bootcamp (April 20th): https://events.ringcentral.com/events/rick-rule-2024-spring-bootcamp/registration 2024 Rule Investment Symposium https://rulesymposium.com/ If you would like Rick to review your mining stock portfolio reach out to him at: https://ruleinvestmentmedia.com/

Joe Mazumdar of Exploration Insights explains why you must invest in mining sociopaths if you want to win. He also reveals insights from when he managed Newmont’s billion-dollar junior mining portfolio. Joe also shares where he is seeing value in the mining sector and offers one stock pick. Joe Mazumdar is co-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 1:11 PDAC takeaways 7:40 ASX vs TSX miners 11:41 Mining sociopaths will make you rich 18:00 Rupert Resources offers to buy B2Gold’s 70% interest in Finland JV with Aurion Resources 22:29 BHP says nickel facing difficult multi-year run 27:55 Artificial Intelligence in mining 29:40 Junior mining stock 2024 outlook 32:34 Joe managed Newmont

Strategic resource investor Michael Gentile believes investors are being offered a historic opportunity in the gold stocks right now. He offers a wide range of junior mining stock investing advice in this 40-minute discussion with Bill Powers. 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 management in order to be able to spend more time with his family. Subseque

Professional junior mining investors Brian Leni and David Erfle discuss whether we have seen a junior gold stock bottom or if there is more pain coming. They also chat about the current junior gold stock sector and the recent BMO and PDAC mining conferences and offer insights into how they are perceiving the market. Bill Powers facilitates the discussion. 0:00 Introduction 0:45 PDAC sentiment 3:20 BMO conference subdued 4:45 What can gold miners do to bring in new flow of funds? 6:58 Street shorting juniors 10:51 Reinstate uptick rule? 13:24 “Nobody’s big enough to manipulate a trend” 14:45 Legal rumors heard at PDAC? 17:22 Chinese buying Osino Resources 20:11 Junior gold stock bottom Brian’s website: https://www.juniorstockreview.com/ David’s website: https://juniorminerjunky.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to b

Fury Gold and certain affiliates of Newmont have entered into an agreement whereby Fury will purchase Newmont’s 49.978% interest in Éléonore South Gold Project for C$3M. As part of the consolidation of Éléonore South, Fury has also agreed to purchase Newmont’s 30,392,372 shares of Sirios Resources Inc. for C$1.3M. The Sirios shares will be acquired for investment purposes and Fury will evaluate its investment in Sirios on an ongoing basis with respect to any possible additional purchases or dispositions. Completion of the purchase is subject to certain conditions precedent and is expected to close in late February or early March 2024. Tim Clark shared that this 100% consolidation of interest in the Eleonore South Gold Project increases the possibility of Fury as a consolidation target in the region; especially in the eyes of the buyer of the adjacent producing Eleonore Mine (215k AuOz/yr) which Newmont has recently announced they are selling. The Eleonore Mill is currently not running at full capacity and th

Analyst Michael Oliver believes the recent V-bottom in the gold miners is a near-term bottom. Once gold breaks through $2115/oz on a weekly close “it will launch and leave the earth.” As gold runs over the next several quarters Oliver foresees silver and gold miners outperforming gold on a percentage basis. Michael also believes we are near a bottom in the commodities complex. Also, in Q2 of this year, he anticipates commodities, led by corn, wheat and beans, will begin to run. Michael Oliver founded Momentum Structural Analysis. He has developed a proprietary momentum-based method of technical analysis. Michael technically anticipated and caught stock market crash of 1987. It was then that he decided to develop his structural momentum tools into a full analytic methodology. 0:00 Introduction 1:44 Commodity complex upside emergence in Q2 6:10 Corn, wheat and beans to lead commodities bull run in Q2 7:20 Gold, silver, miners 9:25 Gold above $2115 weekly close “will leave the earth” and launch 15:28 Portfol

Bill Powers explains how to make your first million dollars via junior mining stocks. In this 1-hour MSE episode, you will learn: -How to think like a junior mining insider -The quickest way to uncover potential mining 10-baggers -Why the Three “I”s are better than the 9 “P”s -How to make, and keep, your first million-dollar gain 0:00 Introduction 4:08 Future results of speculations are uncertain 6:08 S.A.D process 10:35 Develop an efficient sifter 12:38 Flawless junior mining investments don’t exist 16:06 Triple-I Sifter 18:13 Igniters: what will move the stock price up? 25:41 Igniter: commodity price rise 31:48 Igniter: marketing / promotion 37:44 Igniter: value recognition (perceived or actual) 43:46 Incentives: what motivates management? 52:23 Inhibitors: what will cap the share price? 58:28 Final thoughts Follow Bill on Twitter: https://twitter.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The con

“An argument can be made that the junior sector has sucked over the last couple years. But, the quality projects are being financed and they are starting to bifurcate. So if you get into the right stocks at around this time, over the past six months to a year; You’ve been accumulating these positions in the right companies, you are going to do very well in the next couple of years. We all know this sector is going to flip. We just don’t know when it is going to happen,” says pro mining investor David Erfle in this MSE episode. He also provides his current commentary on the gold price and how he is managing his junior gold stock portfolio. 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 procee

In this episode, Dr. Rob Stevens teaches investors about the trends and opportunities in critical metals investing. Dr. Stevens (Ph.D., P.Geo.) is a professional geologist and educator. He has trained numerous brokers, analysts, and investors in the basics of mineral exploration and mining via his training course. After teaching this course for many years, he eventually published its content in his book, Mineral Exploration and Mining Essentials. 0:00 Introduction 1:55 What are critical metals? 5:27 Canada’s critical metals list 6:05 Critical metals to China, EU & USA 7:02 Metal price trends 8:30 IEA critical minerals review 9:08 Increasing exploration spending 10:40 Increasing capital expenditures & venture capital investments 11:50 Supply-demand scenarios 14:11 Concentration of production & processing 16:23 Investment considerations 19:10 Role of Government 22:52 More investment considerations 27:43 Q&A: niche metal investing caution To learn about Rob’s book and online training courses: https://www.min

“We are very excited for 2024. This is going to be a transitional year to profitability. The development program has estimated to elevate Prospera’s year-end production to 3,500 boepd. At the same time, Prospera has been working on strategic, accretive acquisitions that diversifies the product mix to more light oil. These are very good acquisitions for Prospera and the shareholders and will be accretive per share. And those things will add another 1,500 boepd. So we are estimating to exit 2024 at 5,000 boepd gross production,” explains Prospera Energy CEO Samuel David. Prospera Energy (PEI) CEO Samuel David & CFO Chris Ludtke provide a 2024 company outlook in this MSE episode. In December 2023, PEI reached 2,200 boepd capacity when factoring in newly-drilled wells and shut-in production. David expects PEI to demonstrate 2,200 boepd consistent production in the March/April timeframe. This summer PEI plans to drill 20+ wells at its Saskatchewan properties and between 5-8 wells at its Brooks property in Alber