Mining Stock Daily A Pendulum of Sentiment and Value in Mining Equities: Defining this Market with Dave Lotan
Sep 19, 2025
Join experienced resource investor Dave Lotan, principal at Orion Resources, as he dives into the latest updates on Aurion Resources and the surprising billion-dollar sale of Hemlo. He analyzes the return of institutional investors to the mining sector and discusses the driving macro factors behind renewed interest in gold equities. Trevor Hall shares his reflections from major precious metals conferences, exploring the boom-and-bust nature of market sentiment and the potential for new capital to support the ongoing mining bull market.
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Deeper Continuity At Orion
- Orion's drilling revealed potentially significant deeper continuity below known high-grade zones that could expand the system.
- Dave Lotan says the 32m @ 4.5 g/t intercept beneath prior high-grade shows may indicate lateral or vertically stacked chutes worth aggressive follow-up.
Structure Financing Carefully
- Be cautious when bringing strategic investors because rights and board seats can dilute or constrain a junior.
- Lotan emphasizes patience and thought in structuring deals to avoid destroying shareholder value when raising capital.
Drive-In Camps Improve Project Viability
- Lapland-style, drive-in drive-out camps offer major advantages like grid power and community access that improve project economics and workforce quality.
- Lotan argues those logistics and social factors can make remote projects materially more attractive and buildable.