The KE Report

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The KE Report episodes

April 27Q2 Metals - Maiden Lithium Resource Estimate At The Cisco Lithium Property, James Bay Quebec: 295 Million Tonnes Grading 1.36% Li2O
In this Company Update, we are joined by Alicia Milne, President and CEO of Q2 Metals (TSXV: QTWO | OTCQB: QUEXF | FSE: 458). Following the recent release of a maiden resource estimate at the Cisco Lithium Project in James Bay, Alicia provides an in-depth look at the scale, grade, and logistical advantages that position this asset as a premier hard rock lithium deposit in the Americas.
Key discussion points include:
Maiden Resource Breakdown: An overview of the landmark 295 million tonne resource at 1.36% Li2O and how the company’s aggressive drilling strategy accelerated this milestone.
Grade and Scale Comparisons: How the Cisco Project’s mineralization and size stack up against other major global producers and neighboring projects in Quebec.
Infrastructure and Logistical Edge: The strategic importance of the project’s location within the Nemaska Cree territory and its proximity to essential transport infrastructure.
Expansion and Future Targets: The deposit is open in all directions, and there is an upcoming summer drill program aimed at converting inferred resources to indicated.
Financial Runway and Next Steps: Discussion on the company's current cash position and the timeline for progressing toward a Preliminary Economic Assessment (PEA).

If you have any follow up questions for Alicia or would like more information on any aspect of the Company please email me at [email protected].

Click here to visit the Q2 Metals website - https://www.q2metals.com/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment Disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
13 min
April 27Firefox Gold - Gold Exploration In Finland: JV With Agnico Eagle, Multiple Project Updates
In this company update, we are joined by Patrick Highsmith, Chairman and Co-Founder of Firefox Gold (TSX.V: FFOX | OTCQB: FFOXF), to discuss a transformative week for gold exploration in Finland’s Lapland Greenstone Belt. Following the news of Agnico Eagle’s massive +$3 billion consolidation of the region, including the acquisition of Rupert Resources and Aurion Resources, Patrick provides insight into how Firefox Gold is positioned in this rapidly evolving district.
Key discussion points:
Agnico Eagle Joint Venture Update: An overview of the progress at the Kolho Project, where Agnico Eagle has already invested nearly $3 million as part of an earn-in agreement.
Sarvi Drill Results: Insights into the recent drill results from the Sarvi Project and the upcoming plans for systematic exploration as the snow melts.
Regional Consolidation and Valuation: A breakdown of how the recent M&A activity in the belt validates Firefox’s strategy and what the exit of major peers means for the remaining juniors in the district.
Exploration Outlook for 2026: A look ahead at the continuous drilling programs at the flagship Mustajärvi Project.

Any further questions for Patrick? Email me at [email protected].

Click here to visit the FireFox Gold website to learn more about the Company - https://www.firefoxgold.com/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
15 min
April 25Weekend Show - Brien Lundin & Dan Steffens - Metals & Energy Breakdown: Assessing Structural Shifts and Market Consolidation
In this weekend edition, we dive deep into the forces driving the next leg of the commodity cycle. Brien Lundin joins us to discuss the "sideways consolidation" in precious metals and why copper and tungsten are suddenly stealing the spotlight. Then, Dan Steffens breaks down the structural damage to global oil supply chains, explaining why a $90+ floor is the new reality regardless of geopolitical headlines.
Segment 1 & 2 - In this interview, Brien Lundin, editor of the Gold Newsletter and host of the New Orleans Investment Conference, discusses the current sideways consolidation in precious metals and the bullish performance of copper. He explores broader market trends, highlighting opportunities in exploration-stage junior mining stocks and the strategic revaluation of resource companies through acquisitions and spin-outs.
Click here to learn more about this year’s New Orleans Investment Conference - https://neworleansconference.com/online-registration/
Segment 3 & 4 - Dan Steffens, President of the Energy Prospectus Group, analyzes the current volatility in the energy sector driven by the ongoing conflict in Iran and the closure of the Strait of Hormuz. He provides detailed insights into the structural damage to the global oil supply, the disconnect between stock values and oil prices, and specific growth opportunities within his top small-cap and merger-focused energy stock recommendations.
Click here to visit the Energy Prospectus Group website for more energy market and stock analysis - http://www.energyprospectus.com/

If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don’t forget to subscribe and leave us a review!

For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
58 min
April 24Marc Chandler - Major Changes Could Be Coming To The Fed: Inflation Measures, Dot Plots, Gold Revaluation, Future Policy
In today’s Daily Editorial, I am joined by Marc Chandler, Managing Partner at Bannockburn Global Forex and Editor of the Marc to Market website. With significant news breaking regarding the Department of Justice and Federal Reserve leadership, Marc provides a deep dive into the shifting tectonic plates of US monetary policy and the potential for a historic revaluation of US sovereign assets.
Key Discussion Points:
The Transition to a Warsh-led Federal Reserve: Marc discusses the implications of the DOJ dropping its investigation into Jerome Powell, clearing the path for Kevin Warsh and a potential departure from the policy continuity seen over the last two decades.
Rethinking Inflation Targets and Measurements: A look at how a new Fed administration might move away from the traditional 2% target or change the primary instruments used to measure inflation, such as shifting toward trimmed-mean CPI.
The Potential Revaluation of US Gold Holdings: An intriguing analysis of the proposal to revalue the US government’s 8,400 tons of gold from its current book value of $42.22 to a market-adjacent price, potentially adding $500 billion to the US balance sheet.
A New Treasury-Federal Reserve Accord: Marc explores the possibility of a renewed formal agreement between the Treasury and the Fed to streamline fiscal and monetary coordination, potentially limiting "mission creep" like Quantitative Easing.
Global Central Bank Preview: A concise outlook on the upcoming meetings for the Fed, Bank of Canada, ECB, Bank of England, and the Bank of Japan, and why "wait and see" remains the dominant theme.

Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
23 min
April 24Mako Mining – Record Q1 2026 Production and Financial Results From San Albino and Moss Mine, Development Pathway For Mt Hamilton
Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins me for a comprehensive review of all 4 company Projects, on an operational, developmental and exploration perspective. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. Mako owns the Moss Mine, an open pit gold mine in northwestern Arizona, which is ramping up into commercial production. Mako now controls the permitted development-stage Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA. Mako also holds a 100% interest in the development-stage Eagle Mountain Project in Guyana, South America.

Q1 2026 San Albino Operational Highlights:
50,233 tonnes mined, containing 12,538 ounces ("oz") of gold ("Au") at an average grade of 7.76 grams per tonne ("g/t") Au and 12,460 oz of silver ("Ag") at 7.71 g/t Ag
53,638 tonnes milled containing 13,277 oz Au and 13,274 oz Ag grading 7.70 g/t Au and 7.70 g/t Ag
At quarter end, the stockpile was estimated at 124,350 tonnes at an average grade of 2.65 g/t Au for contained Au of 10,558 oz

Q1 2026 Mako Financial Highlights
Mako total gold sales of 13,721 oz Au for total revenue of $68.6 million in Q1 2026
San Albino Mine sales of 10,398 oz Au at $4,901(2) per ounce
Moss Mine sales of 3,323 oz Au at $4,912 per ounce
Delivered 274 oz Au in connection with gold stream related to the purchase of the Mt. Hamilton Project
Cash balance and trade receivables of $96.1 million as of March 31st, 2026, after a previously accrued 2025 $13.2 million annual tax payable was paid

We went on to review all the ongoing exploration work at San Albino, the development progress on tap for 2026 at the Moss Mine and at Mt Hamilton, and the permitting progress at Eagle Mountain.

If you have any further questions for Akiba regarding Mako Mining, then please email them into me at [email protected].
In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording and may choose to buy or sell more shares at any time.

Click here for a summary of the recent news out of Mako Mining.

For more market commentary & interview summaries, subscribe to our Substacks:

The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.
30 min
April 24Valkea Resources - 2nd Largest Land Holder In Finland, Lapland Greenstone Belt, Discovery Focused In H2 2026
In this Company Update, we are joined by Thomas Credland, President and CEO of Valkea Resources (TSX.V: OZ | OTCQB: OZBKF). Thomas provides an insider’s perspective on the massive shifts occurring in Finland’s mining landscape following the recent ~$3 billion consolidation of the Lapland Greenstone Belt by Agnico Eagle. Having been part of the team during the world-class Ikkari discovery at Rupert Resources, Thomas discusses what Valkea has planned to systematically explore its own expansive land package.
Key Discussion Points:
The Agnico Eagle Effect: An analysis of how the recent consolidation of Rupert Resources and Aurion Resources by Agnico Eagle validates the prospectivity of the district and creates a "slipstream" for junior explorers.
Strategic Land Positioning: Why being the second-largest landholder in the Lapland Greenstone Belt puts Valkea in a prime position as the region undergoes rapid development.
Systematic Exploration Methods: Insights into the "base of till" geochemical drilling strategy that led to the Ikkari discovery and how it is being deployed across Valkea’s high-priority targets.
Priority Targets and Catalysts: A look at the Paana and Rover properties, including the upcoming 10,000-meter diamond drilling program aimed at uncovering the next standalone deposit.
Funding and Strategic Partnerships: Thomas addresses the company’s current treasury, budget flexibility, and the philosophy behind maintaining independence versus bringing in a strategic partner.

Any follow up questions for Thomas can be emailed to me directly at [email protected].

Click here to visit the Valkea Resources website to learn more about the Company. - https://valkea.ca/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
15 min
April 24Dana Lyons - Technical Outlook on Software, Semis, and the Metals Complex
In this Daily Editorial, we are joined by Dana Lyons, Fund Manager and Editor of The Lyons Share Pro. Following a dramatic market reversal throughout April, Dana breaks down the technical signals driving the current "V-shaped" recovery and whether the internal data supports a sustained move higher.
Key topics discussed in this episode:
The Mechanics of the V-Bottom: An analysis of how extreme bearish positioning and institutional short covering served as the primary fuel for the recent price thrust.
Software’s Contrarian Setup: Why the IGV (Software ETF) is currently presenting a unique technical entry point despite diverging from traditional relative strength models.
Evaluating Market Breadth: Insights into the "under the hood" data and why increased participation from mid-caps and the Russell 2000 is critical for the next leg of the rally.
Sector Leadership and Relative Strength: Identifying the top-performing sectors, including semiconductors and international markets, that are currently leading the charge to new highs.
Outlook on Bonds and Metals: A look at the challenging short-term environment for precious metals and the current trend in Treasury yields.
Stocks and ETFs mentioned: IGV, SLV, BTC, ETH.

Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services - https://lyonssharepro.com/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
14 min
April 23Brian Leni - The New Valuation Reality for Precious Metals Stocks & Navigating the Developer Landscape
In this Daily Editorial, we sit down with Brien Leni, Founder and Editor of the Junior Stock Review and creator of Field Notes on YouTube. As the precious metals equity market shifts from a "rising tide lifts all boats" environment to a highly selective landscape, Brien provides a grounded perspective on where the true value lies in 2026.
We delve into the evolving criteria for successful junior mining investments, exploring why spectacular news is now required for market rewards and how the ongoing conflict in the Middle East is reshaping the outlook for energy and gold. Brien shares his disciplined approach to portfolio management and provides a deep dive into the technical and strategic milestones that signal a company is ready for a major re-rating.

Click here to visit the Junior Stock Review website to keep up to date on what Brian is investing in - https://www.juniorstockreview.com/
Click here to watch the latest Field Notes video - https://www.youtube.com/@FIELD_NOTES

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
27 min
April 23Talisker Resources – Mustang Mine Production Update, Bralorne West and Olympus Development, Upcoming Resource Estimate, 105,000 Meter Drill Program Commenced
Terry Harbort, President and CEO of Talisker Resources (TSX: TSK) (OTCQX:TSKFF), joins us for an production and exploration update at the Mustang Mine, to outline the development towards Bralorne West and over at Olympus, the recently announced 105,000 meter drill program, and to review the work going into the upcoming Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) at their 100% owned Bralorne Gold Project in British Columbia.

Terry outlined the areas of ramp-up in production at the Mustang Mine, currently accessing about 6 ore faces at the 1040 and 1030 levels, with the plan to eventually get down to the 1015 and 980 levels later this year. The mining has been coming from the Alhambra Vein, BK Vein, and BK-9870 Vein, with plans to also begin accessing the Brumbie Vein in the next couple of months.

The Company has successfully transitioned over to shipping ore to Ocean Partners in Q1, with over 5,000 tonnes currently being crushed, and market updates on gold payables slated for the next couple of weeks.

Development work is continuing from the main area of the Mustang Mine over towards Bralorne West, with about 150 meters to go to be able to start accessing ore faces over in that part of the deposit.

As operations continue ramping up, expanding up to 500 tpd later this year, that the plan is then to keep developing over to increase mining from more areas including from Bralorne West to increase operations to 750-1,000 tpd about 2 years out.

Then further out the initiative is to put in a second portal into the historic Pioneer mining area to access the Olympus Mine to the southeast of the Mustang Mine, moving throughput up to the eventual target of 1,500 tpd.

Additionally, we explore how the mining process will be further upgraded utilizing ore-sorting technology by Q3 of this year. This ore-sorting will allow for shipping higher-grade material, with less associated waste, making it even more economical to be shipped to Ocean Partners.

All 2025 diamond drilling assays have now been received and are being incorporated into the vein model wireframes, which will feed into the upcoming resource estimate and Preliminary Economic Assessment (PEA).
Talisker has engaged SGS Canada Inc. to complete a National Instrument 43-101 compliant Technical Report incorporating a Mineral Resource Estimate and the PEA for the Bralorne Gold Project.
The MRE is targeted for Q2, and will update the estimate in the Company’s current Technical Report (completed in 2023) and incorporate an additional 138 drill holes (representing 31,093m of drill core), as well as the depletion of areas already mined by Talisker at the Mustang Mine in 2025.
In addition, Talisker has engaged third-party consultants to complete studies regarding mining, infrastructure, process, capital and operation costs, as well as economic studies. The information from these studies will be provided to SGS for review and incorporation in the PEA, expected to be completed during Q3 2026.

On April 21, 2026, Talisker Resources announced that the Company has increased its diamond drill program from 30,000 metres to 105,000 metres. The program will consist of 83,000 metres of resource conversion drilling at the Mustang, Bralorne West and Olympus areas and 22,000 metres of exploration drilling targeting veins at Congress and Pioneer Deeps. Terry further unpacks the goals of this largest drill program to date at each of these areas and how this will set the company up for its growth initiatives for years to come.

If you have any follow up questions for Terry regarding Talisker Resources, then please email me at [email protected].
In full disclosure, Shad is a shareholder of Talisker Resources at the time of this recording, and may choose to buy or sell shares at any time.

Click here to follow the latest news from Talisker Resources

For more market commentary & interview summaries, subscribe to our Substacks:

The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.
20 min
April 22Joel Elconin - Assessing Market Mania: The Intersection of AI, Earnings, and Momentum
In today’s Daily Editorial, I am joined by Joel Elconin, co-host of the Pre-Market Prep show and founder of the Stock Trader Network. Joel provides an breakdown of a market that seems increasingly detached from geopolitical conflict, choosing instead to focus on robust earnings and technical momentum. We dive into why the "risk-on" sentiment remains dominant and what the recent "V-shaped" recovery tells us about investor psychology in 2026.
Key discussion points include:
Geopolitical Resilience and Oil Dynamics: How the market is successfully discounting higher oil prices and the closure of the Strait of Hormuz, fueled by a domestic supply shift.
The AI Trade Evolution: A look at the divergence and subsequent recovery between AI hardware leaders and software providers as the market re-evaluates the "SaaS-pocalypse."
Retail Mania and Meme Stock Momentum: Assessing the return of "buy-the-dip" euphoria across speculative names, crypto, and large-cap tech.
Earnings Season Expectations: Why forward guidance and capital expenditure (CapEx) on AI infrastructure will be the ultimate judge of this rally's sustainability.
Defensive Rotations: Analyzing the current weakness in the US Dollar and gold, and whether a rotation back into consumer staples and value is on the horizon.
Companies & Symbols Mentioned: NVIDIA (NVDA), Microsoft (MSFT), Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Meta (META), Tesla (TSLA), Marvell (MRVL), Micron (MU) Salesforce (CRM), ServiceNow (NOW), Broadcom (AVGO), Bitcoin (BTC), United States Oil Fund (USO), SPDR Gold Shares (GLD), iShares Silver Trust (SLV).

Click here to visit Joel’s PreMarket Prep website - https://www.premarketprep.com/

Click here to visit the Stock Trader Network - https://www.stocktradernetwork.com/

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For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
12 min

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The KE Report provides exclusive interviews with fund managers, newsletter writers, technical and fundamental analysts along with sub $10 billion market cap stocks. Interviews are published daily…