Mining Stock Education

In this episode of Mining Stock Education, host Bill Powers interviews mining sector veteran Michael Kosowan. Michael shares his journey from a family background in mining engineering in Northern Ontario to becoming a major investor in the mining sector. He offers valuable insights into the psychology of junior mining stock speculators and the importance of holding winners. Michael also discusses his investment strategies, significant stock picks, and the critical qualities he looks for in junior mining executives. This episode is packed with actionable advice for both novice and seasoned investors looking to profit from junior mining stocks. 00:00 Introduction to Mining Stock Education 00:40 Meet Michael Kosowan: From Mine Engineer to Investor 01:13 Early Career and Transition to Finance 06:17 The Impact of the Bre-X Scandal 10:44 Joining Rick Rule and Building a Client Base 14:48 Investment Strategies and Success Stories 19:23 The Importance of Founder Shares and Executive Focus 23:28 Investor Psychology in Junior Mining Speculation 25:20 Understanding Speculative Stocks and Hubris 25:38 Transitioning to the Issuer Side 27:18 Qualities of a Junior Mining Executive 30:05 Balancing Risk and Reward in Junior Mining 32:19 Personal Investment Strategies and Portfolio 37:03 Involvement with Eminent Gold Corp 37:52 Involvement with Torq Resources 40:00 Involvement with TDG Goldcorp 44:14 Exit Strategies and Long-term Vision 46:07 Final Insights and Advice for Investors Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, host Bill Powers is joined by junior mining investment pros Brian Leni and David Erfle at the Beaver Creek Precious Metals Summit. They discuss the recent performance of the GDX and GDXJ indices, the sentiment at the conference, and the abundance of opportunities in the junior mining stock market. The conversation touches on the importance of attending conferences, the potential impact of M&A rumors, and the strategic considerations for investing in junior mining stocks during a bull market. They also delve into themes like the significance of copper investments and the importance of U.S. big board listings for junior miners. The episode concludes with actionable advice for investors on managing risk, taking profits, and prioritizing investment opportunities. 00:00 Introduction 00:22 Market Sentiment and Conference Reflections 02:23 Rumors and Major Deals in the Sector 05:25 Investment Strategies and Market Trends 08:02 Valuation and Portfolio Management 11:18 Uplisting and Market Opportunities 16:55 Success Stories and Lessons Learned 20:47 When to Sell and Concluding Thoughts Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, host Bill Powers is joined by Jeff Phillips, a highly successful junior mining speculator and activist investor. Jeff shares his journey from entering the resource market in the 90s to his current role as a strategic consultant. He discusses the importance of understanding the speculative nature of junior mining stocks, key factors he looks for in investments like management ownership and share structure, and his multi-bagger formula for achieving massive returns. Jeff also highlights his experiences with notable companies and offers practical advice for navigating the junior resource sector. 00:00 Intro 00:28 Meet Jeff Phillips: A Successful Junior Mining Speculator 00:56 Jeff's Early Days in Resource Investing 01:29 The Bull Market and Learning Curves 02:11 Transition to Corporate Communications 03:20 Success in Oil and Gas Investments 04:41 Re-entering the Resource Market 05:52 Speculating vs. Investing in Junior Resources 06:49 The Thrill of Speculation and Key Success Factors 08:40 Importance of Share Structure and Management 14:27 The Role of Warrants and Shareholder Support 16:04 Consulting and Due Diligence in Early-Stage Projects 18:08 Investment Opportunities with Bob Dickinson 19:22 Exit Strategies and Market Dynamics 20:21 Success Stories in Lithium and Rare Earths 24:59 The Future of Natural Resources 27:32 Navigating the Junior Resource Sector 32:30 Concluding Thoughts and Advice Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Ivan Bebek, Chair and CEO of Coppernico Metals, discusses the latest high-grade copper hard-rock surface samples from the Nioc target on the company's flagship Sombrero project in Peru: "Is this the tip of the iceberg that you're seeing; kind of poke through that cover potentially? But what's most impressive is the grade. So the project's getting more exciting. These results are incredibly rare on the global copper scene to see this kind of grade coinciding with geophysics that really indicate the potential for something that could be what we would call globally significant or world class as an opportunity." Sponsor: https://coppernicometals.com/ TSX:COPR; OTCQB: CPPMF; FSE: 9I3 0:00 Intro 0:29 High-grade results 4:37 Community access 6:15 Las Bambas analogue 7:17 “I didn’t expect the results to be this good” 8:14 Permits 9:09 Fierrazo target 10:27 Funding 13:00 Project acquisitions 14:20 Sombrero claim optimization 16:03 Incredible USA opportunities Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Coppernico Metals pays MSE a United States dollar seven thousand per month coverage fee. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, Bill Powers and Brian Leni host their monthly discussion on junior mining investing. The conversation covers a wide range of topics relevant to both new and experienced investors in the mining sector. Bill and Brian respond to a listener’s question about the value of learning from investment successes versus failures, sharing personal stories and lessons learned from both. The discussion explores the challenges of knowing when to take profits, the risks of selling too early, and strategies for managing winners and losers in a portfolio. Advice for newcomers to junior mining is offered, including the importance of only investing what you can afford to lose, avoiding margin, and understanding your own financial situation. The hosts emphasize the need for skepticism regarding rumors, anonymous online accounts, and promotional activity in the sector. They discuss the importance of doing your own research and being aware of potential conflicts of interest. Bill and Brian share their perspectives on where we are in the gold cycle, the impact of macroeconomic factors, and how to manage expectations during bull and bear markets. Brian outlines his approach to position sizing, balancing risk and conviction, and tailoring allocations based on the type of mining company (explorer, developer, producer). The show addresses the issue of management accountability in junior mining, referencing recent lawsuits and the challenges of assessing management competence and intent. The conversation also touches on recent developments in Ecuador and how government actions can impact mining companies and investor decisions. Notable Quotes: “You really have to look at your failures and learn from them and adjust. That doesn’t mean you can’t learn from your successes too.” “Don’t put more money in, even in a bull market, than you can afford to lose.” “Skepticism is key—do your own due diligence, especially with anonymous accounts and online promotions.” “Position sizing is one of the biggest things that has led to my success personally.” 00:00 Intro 00:21 Learning from success 01:09 Brian’s early investing lessons and the importance of taking profits 03:21 Taking profits too soon—can it hurt your portfolio? 05:08 Advice for new investors: risk management and avoiding margin 07:08 Skepticism, rumors, and due diligence in junior mining 13:14 Gold cycles, macro trends, and managing expectations 21:14 Position sizing strategies and risk allocation 31:00 Management accountability: Ascot Resources case and lawsuits 39:46 Spotting delusional or incompetent management 46:44 Ecuador mining climate and government risk 49:55 Final thoughts 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 Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

"The Eau Claire PEA scenarios each demonstrate an exceptional internal rate of return and net present value," commented Tim Clark, CEO of Fury. "The results validate our belief that the market has significantly undervalued the project within Fury’s broader asset portfolio. With strong infrastructure in place, including access to hydro power and roads, combined with favourable metallurgy, Eau Claire stands out as a highly attractive development opportunity with substantial exploration upside, presently hosting a combined Eau Claire and Percival resource of 6.39 Mt at 5.64 g/t gold containing 1.16Moz gold Measured and Indicated plus 5.45 Mt at 4.13 g/t gold containing 723koz gold Inferred." Sponsor: https://furygoldmines.com/ Ticker: FURY Press Releases discussed: https://furygoldmines.com/fury-announces-results-of-preliminary-economic-assessment-for-the-eau-claire-gold-deposit-with-a-base-case-after-tax-npv5-of-554m-and-after-tax-irr-of-41/ 0:00 Intro 0:57 Three PEA scenarios 3:23 CEO commentary 6:03 New PEA vs old PEA 8:11 Toll milling partner 10:03 Base case vs toll milling timeline 11:08 Sensitivities 12:09 76% ounces M&I 13:41 Explorer to Developer Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold’s most-recent presentation found at www.FuryGoldMines.com applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, host Bill Powers interviews Steve Todoruk, a seasoned exploration geologist and stockbroker with Sprott Global. Steve dives into his strategies for investing in junior mining companies, particularly focusing on discovery hole investing. Drawing on his extensive experience in geology and finance, Steve explains how he identifies promising junior mining stocks, assesses their potential, and navigates investment risks. Listeners will gain timeless insights into maximizing their returns from early-stage mining stocks, making this episode a valuable resource for both novice and seasoned investors. This interview is a must-listen for savvy investors and was originally broadcasted on MSE in July 2017. 00:00 Intro 03:05 State of 2017 Junior Mining Exploration 04:28 Ideal Junior Explorer Profile 07:11 Investment Strategies: Prospect Generators 11:09 Discovery Drill Holes and Investment Timing 15:23 Case Studies: Successes and Failures 23:21 Investing in Uranium Explorers 26:27 Conclusion and Contact Information Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, host Brian Leni is joined by Michael Sinden, Managing Director, and Gordon Sobering, Director of Costing and Engineering at Costmine Intelligence. The discussion centers around mining cost analysis, project evaluation, and key factors affecting investment decisions in the resource sector. They delve into the expertise shared by Costmine Intelligence in providing high-quality, proprietary cost data, the impact of recent economic cycles, and the nuances of the cost elements in mining projects. Gordon and Michael also provide insights into the relevance of ESG factors, the importance of estimating reclamation costs, the variability in cost estimates at different stages of project studies, and emerging trends in alternative energy sources and automation in mining. 00:00 Introduction 02:01 Impact of the Pandemic on Mining Costs 03:37 Energy Costs and Future Predictions 05:18 Alternative Energy Sources in Mining 09:02 Challenges in Technical Studies and Cost Estimates 19:45 Jurisdictional Cost Differences in Mining 23:03 AI and Automation in Costing 23:17 Electric Vehicles and Data Sets 23:29 Challenges in AI and Automation Data 25:18 Automation in Steel Manufacturing 26:33 Patterns in Commodity Cost Data 27:38 Mineral Processing and Metallurgy 29:07 Bulk Sampling and Cost Viability 32:31 Inflation and Cost Indices 35:06 Focus on Gold, Copper, and Iron Ore 37:20 Bulk Commodities and Transportation Costs 38:59 Cost Mind Intelligence Services 41:05 Conclusion and Final Thoughts https://www.costmine.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

In this episode of Mining Stock Education, host Bill Powers sits down with strategic resource investor and returning guest Dave Lotan. Broadcasting from his summer home in Ontario, Dave shares his extensive expertise on junior mining stocks, emphasizing the importance of understanding market cycles, capital flows, and government policy impacts on natural resources investments. He reflects on specific mergers and acquisitions within the sector, provides analysis on the impact of government interventions, and discusses the nuanced strategies around investing in small-cap mining stocks. Dave also addresses the significance of relationships and boots-on-the-ground research in his investment approach while offering a candid perspective on the competitive nature of resource investing. 00:00 Intro 00:42 Insights on Junior Mining Cycles 01:53 Understanding Capital Flow in Resource Sectors 03:29 Gold Sector Cycles and Investment Strategies 08:55 Government Policies and Their Impact on Resource Investments 17:06 AI in Resource Investing: Potential and Limitations 24:05 $MAI $HSTR $ITR 27:31 $TXG $PRYM 29:29 $PAAS $MAG 30:18 $EQX $CXB 32:31 $SAND $RGLD $HCU $ELE 35:51 The Role of Rumors in Mining Investments 37:21 The Flea Market Nature of Junior Mining 41:07 $HG Social Media Promotion 46:43 Final Thoughts and Disclaimers Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

A unique and often overlooked way to profit through investing in the junior resource sector is by taking advantage of arbitrage opportunities. These opportunities occur stunningly frequently in the sector and provide the astute investor with a lower risk avenue to consistently make high returns in an otherwise volatile sector. In this interview, Jayant Bhandari of Anarcho Capital Inc. explains how to profit from arbitrage in junior mining stocks. Jayant is one of the foremost voices in junior resources teaching about and lifting up arbitrage opportunities within the sector. Previously, he has worked for well-known natural resource investors Doug Casey and Frank Holmes. Currently, he advises institutional investors regarding investing in the junior mining sector. This interview is a must-listen for savvy investors and was originally broadcasted on MSE in June 2017. 0:00 Intro 3:05 How Jayant came to focus on junior mining stocks 4:10 Why Jayant focuses on arbitrage opportunities 4:54 Why arbitrage occurs in junior mining stocks 5:54 Where arbitrage occurs most frequently in junior resources 9:16 How many significant arbitrage opportunities occur each year 9:41 Past arbitrage opportunity of Sunridge Gold explained 12:08 Why arbitrage can grow over time in junior resources 13:01 What % arbitrage upside Jayant looks for before investing 14:49 What factors/risks to examine in an arbitrage opportunity 18:46 Profitable arbitrage trades Jayant has made 21:31 Final advice on profiting from arbitrage in junior resources https://jayantbhandari.com/capitalism-morality/ Coupon Code for 10% off: MSE25 Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. If you buy stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/