Joe Mazumdar of Exploration Insights reveals how he is safely playing the antimony bull run. He comments on Barrick’s potential redomicile to the USA. And Joe talks about the resource sector significance of President Trump’s executive order directing the Justice Department to pause prosecutions of Americans accused of bribing foreign government officials while trying to win or retain business in their countries. Also, further topics discussed are why ASX African projects are valued higher than TSXV comparables, Discovery Silver’s recent Porcupine Complex acquisition from Newmont and how managed money operates in the mining sector.

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

0:46 Barrick’s potential redomicile to USA

4:24 Antimony catalyzes Stibnite Gold project permitting?

9:34 Safely profit from antimony bull run

11:27 Bribes and global mining

15:20 ASX Africa valuations higher

17:33 Discovery Silver acquires Newmont’s Porcupine Complex

19:10 Newmont’s project overhang gone…Developer re-rate now?

20:47 Resource sector Smart vs Dumb money

25:12 Mining sector managed money

31:23 Africa trip reflections

Joe Mazumdar’s website: https://www.explorationinsights.com/

Follow Joe on Twitter: https://twitter.com/JoeMazumdar

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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/

Kenorland Minerals CEO Zach Flood describes the proven gold discovery machine he and his team have developed over the past nine years, in this MSE episode. Zach explains how the company has demonstrated the ability to discover in a “best-in-class” capital efficient manner. Kenorland is a cash-generating and partner-funded exploration company, which provides significant and low-risk exploration upside for investors.

Seasoned investors, such as Rick Rule, believe that Kenorland’s market cap is justified alone by the value of the 4% NSR the company holds on its Regnault gold deposit discovery in Quebec which Sumitomo Metal Mining now owns outright. Therefore, according to Rick, investors get for free all the upside of partner-funded exploration across Kenorland’s multiple projects. Rick Rule publicly endorsed Zach Flood and Kenorland Minerals at the 34:32 mark during his January 8th, 2025 Rule Investment Media livestream.

Kenorland looks to identify gaps in exploration maturity within prospective districts based on large scale compilation and integration of geological, geochemical and geophysical data. Kenorland’s management team and advisors have extensive experience in project and target generation from continent-wide area selection to deposit scale exploration across the globe. Combining the team’s extensive exploration experience with an integrated approach places Kenorland in an optimal position to generate shareholder wealth through JV partnerships, generated royalties, equity positions and new discoveries.

https://www.kenorlandminerals.com/

TSXV: KLD | OTCQX: KLDCF | FSE: 3WQ0

0:00 Intro

1:28 Business model

4:49 Frotet project 4% NSR royalty

6:49 Upside leverage KLD offers shareholders

8:23 Exploration strategy

10:55 GeoChem surveys generate targets

12:56 2025 $36M exploration budget

13:51 Best-in-class capital efficiency

16:47 Frotet project milestones

20:07 Share structure

21:51 South Uchi project

26:50 South Uchi KLD shareholder upside

28:27 KLD numerous projects

31:10 KLD in seven years

Rick Rule’s endorsement of Zach Flood and Kenorland Minerals starts at 34:32 in this Jan 8th, 2025 Rule Investment Media Livestream: https://www.youtube.com/live/yyP9Zd2xzdo?t=2072s

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Sponsor Kenorland Minerals pays Mining Stock Education a United States dollar ten thousand per month coverage fee. Bill Powers owns no Kenorland shares at the time of this publication and will not initiate a position within five trading days of this publication. Kenorland's forward-looking statement found in the company's presentation applies to the content of this interview. 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/

Fund manager Josh Young reveals his newest oil stock pick and explains why oil bulls likely will win in 2025 in this MSE episode.

Josh Young has been professionally investing in publicly traded oil and gas securities for nearly two decades, achieving benchmark outperformance as Bison’s CIO. Josh possesses a deep understanding of the E&P business model and operating environment, with notable experience as Chairman of Canadian E&P company RMP Energy (rebranded as Ironbridge Resources). Under Josh’s leadership, the company achieved a successful turnaround, outperforming peers and ultimately being acquired at a 78% premium. Josh is the author of numerous articles on oil & gas investments and is a frequent guest speaker at various energy industry conferences.

Prior to Bison, Josh began his career as a management consultant for Fortune 500 companies and private equity firms. He later worked as an investment analyst for a private equity fund and served as an energy investment analyst at a multi-billion-dollar single-family office, which was nominated as Institutional Investor’s Single Family Office of the Year in 2008. Josh holds a B.S. in Economics with honors from the University of Chicago.

0:00 Intro

1:08 Off- Shore Drilling's effect on US Production

4:41 Tariffs effect on Canadian Oil Companies

8:42 US Strategic Reserves

12:19 Higher oil prices vs cost of living

16:55 “Oil prices are so suppressed”

17:53 Peak US production?

23:11 Nat Gas Investments

26:30 New stock pick

32:00 Cash to Debt Ratio

36:08 Time to buy optionality in the oil market

43:30 Biggest lesson learnt last cycle

50:37 Bison portfolio biggest risk

https://bisoninterests.com/

https://x.com/Josh_Young_1

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This interview was not sponsored. 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/

Fund manager Dave Kranzler reveals three junior mining stock picks in this MSE episode. He also discusses the impact of tariffs on the gold price and why the Federal Reserve recently paused rate cuts.

Dave is the editor of the Mining Stock Journal. He returns to the program to provide his commentary on precious metals and reveal some junior gold stock picks. Dave holds an MBA from the University of Chicago with a concentration in accounting and finance. Over the years he has worked in various analytic and trading jobs on Wall Street. For nine years of those years he traded junk bonds for a large bank. For the past 16 years, Dave has been an avid student of the precious metals markets and steadfast proponent of holding physical gold and silver in one’s portfolio. Currently, he co-manages a precious metals and mining stock investment fund in Denver. Dave’s stated goal is to help people understand and analyze what is really going on in our financial system and economy.

0:00 Introduction

0:28 Tariffs and gold price

6:04 FOMC circus

9:17 USA mining boom?

13:00 Stock pick #1

18:03 Stock pick #2

24:21 Stock pick #3

31:35 Dave’s largest holding

36:10 Mining requires patience

https://investmentresearchdynamics.com/

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None of the companies Dave mentions in this interview are MSE sponsors or owned by Bill Powers. 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/

Mining Equity Analyst Vukasin Pekovic shares his bottom-up approach to uncovering junior mining stock gems in this episode. Vukasin shares how he values junior miners, mitigates risk and views management compensation. He concludes by sharing several junior mining stock picks.

0:00 Introduction

0:55 Where to deploy money?

3:15 Metal agnostic?

5:31 Jurisdictional risk

8:35 Valuing explorecos

12:19 Prospect generators

17:01 Risk Mitigation

23:03 Board of directors’ importance

28:50 $NEM sells Porcupine Complex to $DSVSF

30:53 Options Compensation

33:18 Mining stock picks

42:51 How to follow Vukasin

Follow Vukasin at: https://x.com/VukasinPekovic

Vukasin is an analyst with: https://independentspeculator.com/

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. 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/

Bill Powers reveals the small-cap success paradigm you must utilize before speculating in junior mining stocks. Bill explains the proper lens through which you must view speculative small-caps and shares stories from his past decade of investing in both private and publicly-traded junior resource stocks.

0:00 Intro

2:25 Best lens for speculative small-caps

5:17 No promoters, then no progress

8:40 Worst promoters

9:59 How promoters leverage

19:13 Potential causes of your downfall

21:45 What you MUST leverage for outsized gains

How to Network Your Way into the Best Junior Mining Deal Rooms with Tommy Humphreys

https://www.youtube.com/watch?v=udRH-wzgJ_8

How To Make Your First Million Dollars via Junior Mining Stocks with Bill Powers:

https://www.youtube.com/watch?v=yMeCNMpyzKI

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

Bill Powers is not a registered investment advisor. 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/

“Sentiment’s changed. I’ve got the bug,” shared pro junior mining investor Brian Leni. While pro investor David Erfle sees “incredible opportunities” in junior resource equities. Both Brian and David discuss current investor sentiment, resource sector opportunities, copper developers, lessons learned and promoter’s forward-looking statements. Bill Powers facilitates the discussion.

0:00 Introduction

1:09 Leni: “I’ve got the bug”

5:31 Notetaking is critical

11:43 Erfle: “Incredible opportunities”

16:35 Copper developers

22:09 O3 Mining take-under lessons

29:40 Promoters & forward-looking statements

34:25 Dave & Brian’s newsletters

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

None of the companies mentioned are MSE sponsors. 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, Dr. Rob Stevens teaches investors why major miners outsource exploration to junior mining companies. 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 Intro

2:51 Types of funding

6:05 Why majors fund juniors

10:06 Advantages for juniors

13:39 Investment considerations

19:24 How to anticipate a major will finance a junior

22:45 Q&A with Bill Powers

29:56 Firsthand African mining observations

To learn about Rob’s book and online training courses: https://www.miningessentials.com/

Rob’s YouTube channel:

https://www.youtube.com/@mining-essentials

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

This episode was not sponsored. MSE received no compensation to speak favorably of Rob Stevens’ book and has no revenue-sharing arrangement with Dr. Stevens. 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/

“We m*rdered the shorts,” Rick Rule boasts and tells how in this MSE compilation episode. Listen to Rick and numerous past MSE guests dating back to 2018 offer expert opinions regarding how they approach the idea of shorting junior mining stocks.

0:00 Intro

1:31 Should the uptick rule be reinstated?

11:13 Ideal junior mining short squeeze set up

16:26 Never short high-quality deposits

24:17 How to hedge a mining stock portfolio without shorting

Follow Bill Powers 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

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/

Mining investor Brian Leni forecasts a “fantastic 2025 resource sector led by precious metals.” He also explains why physical gold trumps bitcoin as a safe haven investment. Furthermore, Brian reviews his past successful 2024 year of resource investing after a tough previous two years in 2022-2023.

0:00 Introduction

0:56 Gold trumps Bitcoin

6:52 Bitcoin’s volatility favors traders

8:50 Gold investment thesis gaining strength

9:40 Brian’s 2024 portfolio review

12:44 Learning from experience

13:52 Control your emotions

16:07 Focus on knowing fewer companies well

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/watch?v=7SW96tD9Kdg&list=PLEk-3nAisq6z3BTO_g_M_tg7JoC-dAsP8

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. 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/