Welcome to The KE Report Weekend Show!

This summer sure isn't boring! Another volatile week for markets and metals as prices rose to start the week but revered Thursday and fell further on Friday.

On this Weekend Show we focus on metal and energy stocks. There are some great opportunities in many resource sectors but investors have to be selective.

We hope you all enjoy this Weekend Show! Have a great weekend!

Segment 1 and 2 - Joe Mazumdar, Editor of Exploration Insights kicks off the show discussing the current trends in gold and silver markets and their impact on equities. Joe shares insights from a recent conference in Boca Raton, organized by Rick Rule, highlighting the participation of high-net-worth individuals and industry trends. The conversation spans topics from market corrections, M&A activity, and the role of institutional equities, to the challenges faced by development companies in securing funding.

Click here to visit the Exploration Insights website to follow along with Joe. 

Segment 3 and 4 - Dan Steffens, President of The Energy Prospectus Group wraps up the show by discussing two energy companies - Devon Energy and Crescent Energy - and their recent acquisitions. He also explores the potential effects of a Trump re-election on the energy sector, including changes in oil prices and future energy policies.

Click here to visit the Energy Prospectus Group website for more energy market and stock analysis.

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website joins us to discuss the latest CPI data and its market impact. 

We delve into expectations of a Fed rate cut, market reactions, and potential future movements. Mark shares insights on stock market trends, commodity adjustments, and evaluates the Trump trade scenario. Discover how interest rates and a stronger US dollar might influence gold and the small caps market. 

Click here to visit Marc’s site - Marc To Market. 

George Ogilvie, President and CEO of Arizona Sonoran Copper (TSX:ASCU – OTCQX:ASCUF), joins me outline the updated resources at the Cactus Project in Arizona, that contains over 11 billion pounds (“lbs”)  of copper in all categories – 7.3 billion lbs of copper in measured and indicated, and 3.8 billion lbs in the inferred category.

We start off discussing the key metrics and takeaways from this updated resource estimate, and George outlines that it is because of all the drilling the company has done at the MainSpring Property, had not been included in this study yet, which brought in 1.9 billion lbs of copper.  Since Mainspring was amenable to open pit mining, this also allowed for Parks-Salyer to be transitioned into an open pit scenario as well, bringing in an additional 1.5 billion lbs of copper. Now that there is an enlarged pit, it confirms Parks/Salyer and MainSpring as one deposit, renamed to “Parks/Salyer.” This transition to open pit mining increases the efficiencies, improves costs, reduces capex, and takes away the need to put in the twin declines initially proposed.

There will be a Preliminary Economic Assessment coming out in the next few weeks that will wrap some economics and other mine development data around the combined project.  After that PEA, then all of the ongoing infill drilling at MainSpring and also deeper at Cactus West looking for more sulphide resources will all factor into a larger combined PFS for the whole Cactus Project, Parks Salyer, and Mainspring, both as a stand-alone project, and in concert with the Nuton leaching technology in 2025. That PFS study for next year will also review the optionality to improve the process with the investment by Nuton LLC (a wholly-owned subsidiary of Rio Tinto) and subsequent option to Joint Venture (“JV”) the Cactus Project to Nuton LLC using their proprietary leaching recovery methods.   George also provides some updates on permitting for the project, and the importance of it being on private land to help expedite the process.

If you have any follow up questions for George about Arizona Sonoran, then please email me at [email protected]  and I’ll get those forwarded along to the company.

• In full disclosure, Shad has a position in Arizona Sonoran Copper at the time of this recording.

Click here to visit the Arizona Sonoran website to read over all the recent news.

TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins us to outline the massive opportunity he is seeing in interest rate sensitive sectors and equities.

He highlights the recent surge in small cap stocks following lower-than-expected CPI data, potentially indicating future rate cuts by the Fed. We delve into key sectors like regional banks and small caps generally, and the significance of the Moxie indicator in identifying trading signals. TG also emphasizes the potential shift from mega caps to small caps in the face of lower interest rates and invites viewers to join his upcoming webinar for more insights.

Click here to visit TG’s site - Profit Pilot

Brien Lundin, Editor of the Gold Newsletter and our host at the New Orleans Investment Conference, joins us to review the fundamental and technical setup in the gold and what news and market factors are moving the resource stocks in gold, silver, copper, and uranium.  We start off looking at the softer US economic data and moderating inflation that is giving market participants in many sectors more confidence that the Fed will begin cutting rates in the next few months. Brien points to the recent breakout to new highs coming technically as the bollinger bands were tightening on the charts, that hs had written to his subscribers about in advance.  The fundamentals for higher gold prices are in place with the backdrop of the weaker US economic data, strong buying from central banks, the significant role of Eastern demand, particularly from China, and finally more interest in precious metals from Western investors lately.

With regards to the resource stocks Brien reiterates that any pullbacks in the metals and weakness like we are seeing this week, is a buying opportunity as the larger bull market trends are solidly in place. We discuss the positive margin expansion we should be seeing in gold and silver producers as they report Q2 earnings over the next month.  He points to companies where he likes the current risk/reward set up in companies like Heliostar Metals (TSXV: HSTR) (OTCQX: HSTXF), Banyan Gold (TSXV: BYN) (OTCQB: BYAGF), Vizsla Silver (TSXV: VZLA) (NYSE: VZLA), and a wider swath of the silver stocks.  With uranium stocks, he is bullish on the demand drivers for growing nuclear power demand, and thinks the recent weakness provides a good place for positioning for the longer-term thesis.  Copper has corrected, but Brien believes the price will double in the next 3 years, but that investors need to be more selective with juniors, as they really need a larger strategic partnership with senior producers to advance the expensive drilling and long timelines, and points to Filo Corp. (TSX: FIL) (OTCQX: FLMMF) as a unique story because the Lundin family was able to move it forward internally using their own capital and mining expertise.

Click here to learn more about the New Orleans Investment Conference on November 20-23.

Click here to visit the Gold Newsletter website to learn more about Brien’s letter.

Brian Leni, Editor of the Junior Stock Review joins us for a discussion on how he is filtering through the wide range of metals stocks to find unloved stories that offer the best upside potential. 

We start by recapping the strong performance of precious metals especially gold, dive into the trends influencing base metals like copper, and discuss strategic approaches to junior stock investment. Brian shares his thoughts on identifying undervalued assets, the importance of strong management teams, and the impact of overarching global financial issues on market trends. We wrap by highlighting Brian’s latest Field Notes video highlight and interview from a four-day visit with Altius Minerals.

Click here to visit the Junior Stock Review website to keep up to date on what Brian is investing in. 

Taj Singh, President and CEO, and Adam Cegielski, Chief Development Officer of First Nordic Metals (TSX.V: FNM) (OTCQB: FNMCF), join me to discuss the specifics on a few recent news updates announced to the market:

• FNM enters into an agreement to finalize the acquisition of the Oijärvi Gold Project in Finland, which includes the resource-stage Kylmäkangas gold deposit, a drill-ready, high-grade gold project with significant resource expansion and district-scale growth potential.

With regards to Sweden, the Company holds a 100,000-hectare district-scale position covering almost the entire Gold Line belt and a significant portion of the Skellefte VMS (volcanogenic massive sulphide) belt and covering a +100km belt position of regional first-order structural corridors. The majority of defined resources are at their flagship Barsele Gold Project with 2.4 Moz gold (NI-43101, all categories), in a JV with Agnico Eagle Mines Ltd. Additionally, the exploration team has defined two other mineralized trends, each over 5kms, the Paubäcken Project and the Storjuktan Project, that both Adam and Taj provide exploration updates on.

We also discuss how the in-the-money warrants have been starting to get exercised by investors, almost like a no-fee financing, bringing in more capital to the company to fund exploration this year, with more expected to be exercised moving forward.  First Nordic Metals is also preparing to list it’s shares on the Stockholm exchange, and that will be another driver of liquidity slated for this year.  

If you have any questions for Taj or Adam, regarding First Nordic Metals, then please email them to me at [email protected].

Click here to follow the most recent news from First Nordic Metals

Roger Moss, President and CEO of Labrador Gold (TSX.V:LAB - OTCQX:NKOSF - FSE:2N6) joins me to discuss the now completed sale of the Kingsway Project, in Newfound, to New Found Gold for shares with a current market value of over C$23 million. I ask about the Company’s strategy of whether to hold or liquidate the shares and what type of project the Company is looking to acquire. I also have Roger outline the plans for the Company owned Hopedale Project, in Labrador.

Click here to visit the Labrador Gold website to learn more about the Company.

Simon Dyakowski, President and CEO of Aztec Minerals (TSX.V:AZT - OTCQB:AZZTF) joins me to recap the July 16th news release reporting high-grade sample results from across the Tombstone Project, in Arizona. See Figure 1 from the news release, posted below, to view where the sample results were taken. 

Simon and I discuss how these results influence exploration strategies moving forward. Further insights are provided on the Westside 82 Extension Target and possible drilling in the near term. The conversation also touches on Aztec Minerals' financial updates including a recent offering aimed at funding future drilling, and updates on their Cervantes project in Mexico.

Click here to visit the Aztec Minerals website. 

Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FRA: RGG1) joins me to recap the news released yesterday, July 17th, announcing the acquisition of a portfolio of gold projects from Argonaut Gold, which include producing mines and development assets. 

Charles explains how the deal came together, the strategic advantages, immediate cash flow benefits, and future development projects. He also discusses potential risks, such as closure costs and permitting challenges in Mexico, and outlines the opportunities for growth. The company aims to leverage existing assets to cover the acquisition costs and growth its production capabilities, while still viewing Ana Paula as the flagship asset to be developed in the near term. 

Please email me with any follow up questions for Charles at [email protected].

Click here to visit the Heliostar Metals website to learn more about the Company.

Click here to sign up for the Company's webinar on July 25th at 11am PT (2pm ET)