Mining Stock Education

Thank you for listening to the MSE podcast this past year. In this final 2022 episode, I re-present 10 timeless resource investing tips from 10 different expert guests we’ve featured on the show over the past year. Before some clips, I provide a little commentary myself. I wish you all the best in 2023. May you prosper not just at junior mining stock investing but in all aspects of your life! -Bill Powers 0:00 Introduction 2:55 Alexco debacle post-mortem masterclass 9:52 Bullish signs retail investors should look for in jr miners 14:44 Timing the bottom of a jr mining cycle 16:27 Rule-of-thumb for when to sell a successful exploreco 18:33 Analyst report price targets 20:29 Changing one’s macro-thesis 25:02 #1 trait of successful microcap investors 26:54 Time your buy and sell: Your failure can be someone else’s success 31:54 Humility is a necessary trait for resource investors 35:26 130-bagger & optimistic outlook of jr mining investors 38:26 Mining sector best place for potential 10-baggers 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 No current sponsors were mentioned in this episode. American Eagle Gold is a past sponsor company. 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Shubham Garg is the CEO & Founder of White Tundra Resources and White Tundra Investments. Producing Oil & Gas in a profitable, environmentally sustainable, and fun way is Shubham’s true passion. Having worked in the field throughout his career, he is using his boots-on-the-ground knowledge mixed with his detailed financial analysis and education in petroleum engineering to achieve long-term capital growth. His industry contacts and conversations with management allow him to feel confident in his in-depth valuations and offer deep insight into their operations. Shubham is currently managing White Tundra Investments' portfolio focused on undervalued Canadian Oil & Gas E&P's. White Tundra operates on a concentrated model with 30-60% of our portfolio invested in one leveraged high-torque equity, 30-60% on a basket of low-growth cash-flow generating equities, and 10% on high potential small-cap and junior companies with unique technology, excellent operational performance and strong management teams. White Tundra is also Shubham’s next step in sharing his knowledge and simplifying Oil & Gas investing in order to attract more interest in the sector from those employed in our industry, retail investors, millennials, and ESG-focused investors. 0:00 Introduction 2:00 Shubham’s expertise 6:34 Addressing Oil Bear Thesis 13:39 Oil supply side 21:43 ESG & green transition=oil demand destruction? 27:40 Forced transition away from hydrocarbons not realistic 30:50 Oil price forecast for 2023? 34:20 Sub-$100/barrel oil never again 35:15 This oil cycle is a “sustained shift upward” 36:40 Geopolitical events impact on long-term oil price? 40:14 How to follow Shubham online Shubham Garg’s website: https://www.whitetundra.ca/ 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

The lithium market has been on the forefront of this worldwide electrification boom. Lithium’s inherent physical qualities make it invaluable to batteries and thus, vital for this major paradigm change. In this interview with Red Cloud Securities’ mining analyst, Koby Kushner, we cover the basics of the lithium market: deposit types, production, end products, security of supply and market dynamics heading into 2023. Not unlike the other battery metals, security of supply appears to be the biggest driver of price appreciation. Listen to Kushner overview of the lithium market’s state of supply. Enjoy! 0:00 Introduction 0:35 Lithium basics: Deposit types, how they were formed, breakdown of production 2:30 Clay deposits, why aren’t any in production? 3:34 Uses for lithium outside of batteries? 4:28 Lithium end products delivered to the battery makers? 4:50 Hydroxide versus carbonate? 6:50 Lithium substitution in the future? 9:17 Security of supply? 10:50 Canada as a jurisdiction for lithium exploration and development 13:10 Direct Lithium Extraction Technology 17:15 Impact of the lithium triangle on the lithium market 18:48 Is there a big difference technologically and economically between the hard rock and brine source of lithium? 22:01 EU’s lithium supply? 23:47 Recap the lithium market in 2022 26:05 Could a recession de-rail the lithium market in 2023? 28:40 Where’s the best place to track the lithium price? 30:01 Red Cloud Financial Services Offering – Pre-PDAC conference? Red Cloud Securities: https://redcloudsecurities.com/ Junior Stock Review Premium - https://www.juniorstockreview.com/premium-subscript ion/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This interview was not sponsored. 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Gold stock fund manager and Austrian economist Larry Lepard shares that he expects a gold stock mania probably in the next two to four years. Larry discusses how he has positioned his fund for the gold bull market. He reveals numerous stocks he is investing in and which he likes. Larry also explains why he is bullish on bitcoin as well as gold. 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. Prior to Geocapital Mr. Lepard spent 7 years as a General Partner at Summit Partners in Boston, MA. Summit is a large venture capital and private equity firm. He was employee number 4, joining 1 year after Summit was launched. Mr. Lepard holds an MBA with Academic Distinction from Harvard Business School and a BA in Economics from Colgate University 0:00 Introduction 1:20 What did you learn in 2022? 8:10 Any hedges in place for 2023? 10:00 Best performing stock last year? 14:05 Rise Gold Corp. 15:00 Larry names jr miners he likes 23:39 Perma-gold bull 24:25 Larry is also a bitcoin bull 31:40 Is bitcoin “digital gold”? Lawrence’s contact info and Twitter handle: llepard@ema2.com Larry’s Newsletter: http://eepurl.com/gOf1dT https://twitter.com/LawrenceLepard 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Torq Resources has initiated surface exploration at its Santa Cecilia gold–copper project located in the world-class Maricunga belt in northern Chile, approximately 100 km east of the city of Copiapo. The surface exploration program is focused on defining drill targets with the aim of initiating the first drill program at Santa Cecilia in Q1 2023. Shawn Wallace, CEO & Chair, stated: “The initiation of work at our flagship Santa Cecilia project represents a major milestone for the Company as it brings us one step closer to our highly anticipated inaugural drill program at the project. With Gold Field’s C$15M investment, and additional financing mechanisms in place with longstanding shareholders, the Company is on solid footing heading into 2023, and we are looking forward to an exciting and prosperous year for all stakeholders.” Michael Henrichsen, Chief Geological Officer, stated: “It is with great anticipation that we start surface work at the Santa Cecilia project, as it provides a rare opportunity to drill untested porphyry systems in a world-class belt. The application of modern exploration techniques with the benefit of the understanding of other porphyry discoveries in the district will put the Company in an excellent position for a potential discovery. We look forward to generating our first drill targets in the coming months as the we develop these crucial data sets.” https://www.torqresources.com/ TSXV: TORQ | OTCQX: TRBMF Press releases discussed: https://torqresources.com/news-media/news/2022/torq-commences-exploration-at-its-santa-cecilia-gold-copper-project/ https://torqresources.com/news-media/news/2022/torq-extends-margarita-iron-oxide-copper-gold-discovery-190-metres-to-the-north-98-metres-of-0.94-g-t-gold-and-0.68-copper/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Torq Resources is an MSE sponsor. 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.

Bill Powers shares insights on when to bet big on a specific small-cap resource stock in this episode. Diversification is good for risk mitigation, but wealth accumulation can occur faster via successful, concentrated bets on high-conviction plays. Bill shares examples from his own mining investing experience throughout this episode towards the end goal of helping you become a better mining stock investor. But don’t use this episode as investment advice but rather as ideas to consider and/or discuss with your investment advisor. Bill is a private investor and not a registered investment advisor. 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 Trillion Energy, mentioned in this episode, is an MSE sponsor, and Bill owns shares. 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Listen to Sprott CEO John Ciampaglia explain the uranium investment thesis in this episode hosted by investor Brian Leni of JuniorStockReview.com. The uranium price has been strong in 2022 and today sits around US$50/lbs. Its strength over the last year and a half has been built on the back of worldwide de-carbonisation and an energy crisis. At the moment nuclear power represents the only real low carbon option for baseload power, the renewables just can’t compete when the sun isn’t shining and the wind isn’t blowing. In terms of the energy crisis, the Russian / Ukraine conflict has made it very clear that it is vital that countries secure energy sources as tensions and at least a partial de-globalization takes place. Uranium will be a bigger part of the world’s future energy mix. In this interview we have a conversation with John Ciampaglia, CEO of Sprott Asset Management, the custodian of the Sprott Physical Uranium Trust (U.UN, U.U). A number of topics are covered in our conversation including the impact of the Japanese reactor restarts, new reactor construction, impact of the Russia / Ukraine conflict on the uranium market and what to watch for in the uranium market in 2023. 0:00 Introduction 0:15 - A brief overview of John’s professional background and how he ended up at Sprott? 1:29 - Are we seeing the effect of the Japanese re-starts in the uranium price right now 6:46 - Why isn’t the West (North America & Europe) following Asia’s or China’s lead in new reactor construction? 15:30 - East versus West, how or will the Russian / Ukraine conflict affect the uranium market – influence on Kazakhstan? 24:12 – What happened to the uranium Japan didn’t use since Fukushima, but was contracted to purchase? 26:33 – Small Modular Reactors (SMRs) – are they the answer to widespread adoption of nuclear power? 32:38 - What should investors be watching in 2023 to gauge the health of the uranium market? 38:37 - Sprott Physical Uranium Trust and Sprott Uranium Miners ETF Sprott Physical Uranium Trust - https://sprott.com/investment-strategies/physical-commodity-funds/uranium/ Junior Stock Review Premium - https://www.juniorstockreview.com/premium-subscription/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This interview was not sponsored. 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Professional Trader Gareth Soloway of InTheMoneyStocks.com shares his outlook for 2023 and where he expects to find the best trades. Gareth has over 20 years of trading experience and is the Chief Market Strategist at InTheMoneyStocks.com. Since 2007, Gareth has maintained an over 80% success rate on swing trade alerts (verified 300+ trades per year) given to members in Verified Investing Alerts (formally named the Research Center) and a verified 94% success rate on day trades in the Live Day Trading Chat Room. He has given lectures at colleges around the United States, been asked to train hedge fund traders in other countries and taught thousands of investors how to invest and trade profitably, achieving their dreams of financial independence. He lives life to the fullest and puts his heart and soul into teaching his members who come willing to learn the PPT Methodology. 0:00 Introduction 0:40 Buy gold and sell equities? 1:10 S&P down 30% in 2023 1:55 Gold price target 3:30 GLD & GDX 4:49 GDXJ 6:13 Buy gold & gold miners 6:31 Bitcoin $9k bottom 9:16 CBDC 10:39 VIX 11:22 Energy trades 13:17 Commodities you like? 14:19 Best opportunity to short? Gareth’s websites: https://inthemoneystocks.com/ https://verifiedinvestingcrypto.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 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

In this interview pro gold stock investor David Erfle provides his commentary on recent gold price action, gold stocks and how he is managing his portfolio. He shares that he has recently gone from cash to full positioning in his portfolio and stating: “I’m pretty confident we’ve seen a major bottom in this sector.” 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. 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 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 inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

FPX Nickel (TSXV:FPX; OTC:FPOCF) CEO Martin Turenne explains the just-announced endorsement of the company’s Baptiste Nickel Project in central British Columbia by a new corporate strategic investor. Via a private placement, FPX will issue 24,000,000 common shares in the capital of the Company to the Strategic Investor at a price of $0.50 per Common Share, for gross proceeds of $12 million which is a approximately 27% premium to market. Upon completion of the Private Placement, the Strategic Investor will own approximately 9.95% of FPX’s issued and outstanding Common Shares on a non-diluted basis. “This is a transformational investment for FPX, providing important support for the continued development of our large-scale, low-cost, and low-carbon Baptiste Nickel Project (the “Project”) in central British Columbia,” commented Martin Turenne, FPX’s President and CEO. “Prior to making the investment, the Strategic Investor conducted multi-functional technical reviews and a Project site visit, and we believe the Private Placement represents a significant endorsement of the Project and our approach to project development. On closing of the Private Placement, the Company will have a working capital position of approximately $18.5 million, which will permit the Company to fully fund the completion of a preliminary feasibility study in the second half of 2023 and fund subsequent project development activities well into 2024.” 0:00 Introduction 1:03 New Corporate Strategic Investor 3:23 Significance of Multiple groups vetting Baptist Nickel Project 4:52 Four main industrial players in EV supply chain 6:59 Treasury 7:45 US Defense Dept might fund Canadian mining projects 11:45 FPX Nickel argument for undervaluation 13:53 CO2 Lock Corp. 15:38 Van Target results 16:29 Baptist deposit updated MRE Company website: https://fpxnickel.com/ Press release discussed: https://fpxnickel.com/2022/11/fpx-nickel-announces-12-million-equity-investment-from-new-corporate-strategic-investor/ FPX Nickel Presentation: https://fpxnickel.com/wp-content/uploads/2017/08/FPX-Nickel-Corporate-Presentation.pdf 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 is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product.