The KE Report

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The KE Report episodes

March 20GoldQuest Mining - Ongoing Drilling Will Feed Into Resource Update and BFS On Romero Gold-Copper-Silver-Zinc Project
Luis Santana, CEO and Director of GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF), joins me for a comprehensive introduction to this Canadian exploration and development company, with strong participation from Dominican investors, focused on advancing its gold, copper, silver, and zinc assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country, and they are drilling to move towards an updated Resource Estimate and Bankable Feasibility Study later in 2026.

We start off reviewing the history of the company where the initial resource and project economics were outlined on the Romero and Romero South deposits back in 2016, bringing in Agnico Eagle as a key stakeholder. Then in 2017 a new discovery was made at the Cachimbo area, but there were organized community protests and the company went dormant for a few years, with out the surrounding community buy-in. Then in 2022 Luis was chosen as CEO to work on the social license and advancing the Romero Project once again. After a few years of community outreach, engagement, and education, there is finally a majority support for advancing the project.

The Company today has 57 employees and ~150 contractors working on the ground, and the exploration team is finishing up a 5,000 meter drill program at Cachimbo. There is additional exploration going on around Romero and Romero south that will factor into the updated Resource Estimate and BFS later this year. These are polymetallic VMS deposits that contain gold, copper, silver, and zinc mineralization, giving them an internally hedged advantage, and the ability to highlight the critical minerals for permitting and strategic importance of the Project.
If you have questions for Luis regarding the Romero Project or GoldQuest Mining, then please email those into me at [email protected].

Click here to follow the latest news from GoldQuest 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.
17 min
March 19Joel Elconin – Geopolitical Volatility, Contagion Effects From Higher Oil Prices, Picks and Shovels Trades, And Quad-Witch Expiration
In this episode of The KE Report, host Shad Marquitz sits down with Joel Elconin, co-host of the Pre-Market Prep Show and founder of the Stock Trader Network, to dissect a market that appears to have rolled over into a corrective period. With oil prices surging, a disruptive geopolitical backdrop, the major averages testing near-term support, and the Quadruple Witching Expiration tomorrow, Joel provides a candid, sobering assessment of the macroeconomic and geopolitical forces currently rattling investors.

Key Discussion Points:
Geopolitical Catalysts and Inflation: The direct link between global conflict, surging oil prices, an increase inflation, and lower expectations for near-term rate cuts from the Fed.
High Oil Price Contagion Effect: Everything from airline prices to shipping containers is seeing rising prices, and with higher prices at the gas pump, and businesses passing along higher freight and input costs, this could slow down the economy.
The “R” Word: Is a Recession looming in the future if economic growth contracts, and when paired with higher inflation, loss of jobs, and rising energy costs, are we actually drifting towards Stagflation?
Loss of Market Momentum: Why the choppy technical action in the S&P 500 and Dow suggests a waning appetite for risk among investors in early 2026.
Picks and Shovels: Joel is favoring hardware over software, in a market that is selling off AI stocks, in favor of hardware companies like Micron, Scandisk, Modine Manufacturing, and MasTec
The Nvidia is still the biggest hardware stock in the market: Joel dives into the forward guidance and analyst expectations for NVDA and what that means for the weighted indexes.
Agriculture Hardware: As farmers scramble to lock down fertilizer supplies for planting season, Joel remains more animated by farming equipment manufacturers like John Deer and Caterpillar.
Quad-Witch Expiration on Friday: These can be important days where institutional positions come off the board, and we see a change in direction or an acceleration of a trend.

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/

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.
18 min
March 19West Red Lake Gold Mines – Comprehensive Visual Exploration Update Of Multiple Drill Targets At Both Madsen And Rowan
Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG) (OTCQB:WRLGF), joins me for an expanded visual presentation on a number of underground and surface exploration targets of focus at and near the Madsen Mine and Rowan Deposit, in the Red Lake district of Ontario, Canada.

We start off with the big picture lay of the land across the Madsen Mine area, and then vector in on the new high-grade gold results from the 4447 Zone and 904 Complex areas at South Austin. Will also highlights the speed at which their team can turn a geologic thesis, into drill results, and then get that data into the mine plan, with their improving understanding of the geological model and underground infrastructure advantages.

We also review the planned work to develop the 13-level exploration drift to get over into parts of Austin, East Drive, and Derlak areas that haven’t had good underground access for drilling. The ultra high-grade 8-Zone is reviewed again, with Will pointing out that the narrow zone of mineralization is open in both directions and more exploration along trend is required.

Moving up closer to surface, we spend some time outlining how their exploration and engineering teams completed a re-evaluation of the Fork deposit pointing to its shallow, high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters southwest from existing underground development at Madsen. The exploration team did another 3,000 meters of definition drilling from surface last year, which demonstrated in the value in eventually tunneling over from McVeigh into some of the high-grade areas of mineralization while also looking for mineralized extensions. Then even further over from Fork is the historic producing Starratt-Olsen mine, which has shown promising high-grade gold mineralization at depth and will be getting some exploration focus in the year to come.

Rounding it out at surface, Will flagged a number of other priority greenfields exploration targets like North Shore, Upper 8, Faulkenham, and Killoran. These areas have returned compelling mapping, soil sampling, and limited drilling in the past, and warrant more follow up in the exploration seasons to come.

If you have any follow up questions for Will or the team over at West Red Lake Gold please email them into me at [email protected].
In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording, and may choose to buy or sell shares at any time.

Click here to follow the latest news at West Red Lake Gold

Click here to view the VIDEO version of this podcast on YouTube

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.
39 min
March 18Pinnacle Silver & Gold - New Silver-Lead-Zinc Discovery at El Potrero
In this Company Update, I am joined by Bob Archer, President and CEO of Pinnacle Silver & Gold (TSX.V: PINN | OTCQX: PSGCF). Following an exploration update at the El Potrero Project, Bob explains the discovery of high-grade polymetallic mineralization.
Key Discussion Points:
LiDAR-Driven Discovery: Bob explains how high-resolution LiDAR surveys identified historical artisanal workings, leading the team to the silver-lead-zinc discovery.
The Topia Connection: The interview explores the geological similarities between this new find and the nearby Topia Mine, suggesting the potential for an extensive mineralized system.
Production Fast-Track: While exploration expands, the company remains focused on fast-tracking toward gold-silver production, with underground preparations and metallurgical testing currently underway.
Operational Milestones: Bob provides insights into the fully funded underground drilling program and the upcoming feasibility studies for power line extensions and plant optimization.

Please email me with any follow up questions you have for Bob - [email protected].
Click here to visit the Pinnacle Silver and Gold website to learn more about the company and read over the recent news

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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.
11 min
March 18Dave Erfle - What's the new floor for gold
In this Daily Editorial, we are joined by Dave Erfle, the founder and editor of Junior Miner Junkie, to break down the current state of the precious metals sector. Despite a recent pullback, Dave provides a technical and fundamental perspective on why the current market action is a "positive correction" rather than a breakdown.
The discussion covers the macro environment influencing gold and silver, the looming pressure on the Federal Reserve, and why certain junior mining stocks remain incredible value plays even as energy costs rise.
Key Discussion Points:
Gold and Silver Technicals: Dave analyzes the consolidation patterns for gold at the $5,000 level and silver at $80, noting that the current symmetrical triangle formation suggests a strong base is being built for the next leg up.
The Federal Reserve’s Dilemma: An exploration of the "stagflation trap" where the Fed must choose between cutting rates to support slowing GDP or holding rates to fight geopolitical-driven inflation that they cannot control.
Mining Equity Divergence: Insight into why the GDX and GDXJ have pulled back despite high metal prices and why this disconnect offers a "gentleman’s entry" for investors who missed the initial bull run.
Junior vs. Producer Risks: A look at how rising energy prices act as a headwind for large open-pit producers like Newmont (NEM), shifting the tactical advantage toward early-stage developers with high-margin projects.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter - https://www.juniorminerjunky.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
March 18Sean Brodrick – Adding Energy, Fertilizer, and Chemical Stocks Into Rising Oil Prices, Trimming Some PM Stock Gains, Holding On To Critical Minerals Stocks
Sean Brodrick, Editor of Wealth Megatrends, Supercycle Investor, Resource Trader, and contributing analyst to Weiss Ratings Daily, joins us to review how he is trading these volatile markets on the back of Middle East geopolitics. He is adding to energy, fertilizer, and chemical stocks on the back of rising oil prices, trimming back some gold and silver stock gains, and holding steady with select critical minerals stocks that may benefit from future government funds and policy initiatives.

We start off in a general discussion on what the higher oil prices may mean for inflation trends, fiscal and monetary policy, and trade amongst nations. Dialing into the energy stocks, Sean is avoiding some international oil service companies that may be impacted negatively by the Strait of Hormuz being closed. Conversely, Sean is adding to quality North and South American energy companies like Petrobas (PBR) and Cenovus Energy (CVE), and through the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP), that are benefiting from increased revenues and growth due to the higher oil prices.

With regards to the fertilizer and chemical companies, Sean likes names like CF Industries Holdings (CF), Nutrien Ltd (NTR), and The Mosaic Company (MOS), due to their competitive ability to utilize cheap North American natural gas and processing to export fertilizer and chemicals overseas to areas that have higher nat gas prices and are affected by constrained supply of key ingredients with the Strait of Hormuz chokepoint still in effect.

Sean remains bullish for medium-term and longer-term in the precious metals, because all the broader fundamental macroeconomic and geopolitical factors are still in place and haven’t changed.
Despite that outlook, in the short-term, he has been trimming back gains in a few silver and gold stocks, like Avino Silver and Gold (ASM), to raise funds for deploying into other sectors.
He reiterated the point that this is not ‘panic-selling,’ or giving up on the precious metals thesis; but rather, strategically taking gains for swing trades in other areas of the market.
However, after the wild price volatility in both directions for gold and silver in January and early February, he believes that we are likely now going to trend sideways in a price range for the near-term; basing for a while before the next move to the upside.

With regards to critical minerals, Sean remains quite interested in the metals of strategic importance to defense for the US and the world at large, like rare earths, antimony, and tungsten.
He highlighted United States Antimony (NYSE American: UAMY) which has the US government as a partner as the kind of company that he’s been holding in his portfolio.
Sean highlights the US Pentagon and Defense Department is allocating $200 Billion to invest in mineral development and processing for national defense, and highlights that domestic critical minerals stocks in rare earths, antimony, and tungsten have a higher likelihood of benefitting from these initiatives.

Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends

Click here to learn more about Resource Trader

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.
25 min
March 18Power Metallic Mines – Exploration Update Expanding The Lion Zone and Nisk Regional Targets, Met Test Success, Upcoming Resource and PEA, Projects in Chile and Saudi Arabia
Terry Lynch, CEO of Power Metallic Mines (TSX.V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV), joins me for a comprehensive exploration update catching up on multiple news releases from their fully funded 100,000-meter drill program at the polymetallic NISK Project in Quebec. We discuss recent drill results at the Lion Zone, pending results still at the assay lab, but also review 4 key regional exploration targets of interest for 2026 drilling. Additionally we touch upon the successful metallurgical testing recovery results, and other value drivers in Chilean Metals spin-out, and upcoming work at the Jabal Baudan Exploration License in Saudi Arabia.

Infill and expansion drilling has continued to define the high-grade Lion Zone in preparation for a 2026 Mineral Resource Estimate (MRE). The infill drilling on the Lion zone has shown that the interpreted zone geometry has high repeatability raising the confidence level for future mineral resource estimates to an Indicated Resource classification. Internally the Lion Zone drilling continues to surprise with very high-grade holes.

Hole PML-26-049, the first hole of the 2026 winter drill campaign, was drilled to support the modelled interpretation of the Lion zone near surface. It resulted in the best copper intersection to date on the Lion Zone, intersecting massive to brecciated Cu sulphides over 16.55m @ 10.08% Cu (15.11% CuEqRec1). This hole greatly expands the zone near surface that may be amenable to early open pit extraction in a possible future mining operation.

The exploration team has an ongoing six-rig drill program focused on expanding the mineralized around the Lion Zone and at depth testing the potential “Elephant Zone,” and also at Lion West, at the Tiger Deep Zone. Additionally, new polymetallic targets are being refined from surveys at the Hydro Fold-Hinge Zone, there will be more step-out drilling focused on to connecting more of the 5.5km corridor and “Gap Area” between Lion and NISK Main.
There are still about 20,000+ meters of core being processed at the lab, and continued drilling that will keep going through April that should see a steady string of drill results coming back in over the next few months.
All the drilling data from the end of last year and this year will be added to prior results into a new resource update and then PEA later in the year.
Then 30,000+ additional meters that will be drilled throughout 2026, starting up again in the summer.

On January 19, 2026, Power Metallic Mines provided preliminary metallurgical results performed by SGS Canada Ltd at its laboratories based in Quebec City, QC, and Lakefield, ON, from representative samples of Lion zone mineralization sent over back in October 2025. An initial Lock Cycle Test within coarse grained chalcopyrite and cubanite returned a sulphide concentrate grading 25.8% Copper containing very high metal recoveries of Copper (98.9%), Palladium (93.9%), Platinum (96.8%), Gold (85.0%) and Silver (88.9%), exceeding Power Metallics most optimistic estimates for recovery prior to this test work.

On Feb. 19, 2026, Chilean Metals Inc (TSX.V: CMCG) commenced trading. Chilean Metals was created through a spin-out from Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) in February 2025, At time of spin-out ownership was 50% Power Metallic and 50% the Power Metallic shareholders of record January 31 2025. The new Company was created with a focused exploration mandate and a project portfolio spanning two of the most geologically fertile mining belts in the Americas.

We also touched upon upcoming exploration at their 100% controlled Jabal Baudan Exploration License in Saudi Arabia: Power Metallic announced on June 16th that it was awarded the exploration license for the Jabal Baudan project in Saudi Arabia’s Jabal Sayid Mineralized Belt. This historic milestone positions Power Metallic as one of the few foreign companies with mining concessions in the Kingdom of Saudi Arabia, having secured a successful bid in this prestigious licensing process.

If you have any questions for Terry regarding Power Metallic Mines, then please email them into me at [email protected].

* In full disclosure, Shad is a shareholder of Power Metallic Mines 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 Power Metallic Mines

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.
27 min
March 17Andina Copper - Copper Exploration Portfolio In Argentina, Colombia & Chile
In this Company Introduction on the KE Report, we sit down with Joe van den Elsen, President and CEO of Andina Copper (TSX.V:ANDC - OTCQX:ANDC), to discuss the company’s exploration efforts across South America. Andina Copper has copper exploration projects in Argentina, Colombia and Chile - with drilling on two this year.
Key Discussion Points:
Strategic Portfolio Management: Joe explains the rationale behind building a portfolio of porphyry discoveries in Argentina, Colombia, and Chile to mitigate jurisdictional risk and ensure a consistent flow of news throughout the year.
The Piuquenes Project (Argentina): We dive into the high-grade copper-gold potential of this flagship asset located near world-class deposits like El Pachón and Altar, highlighting recent drilling success and the project's shallow nature.
Advancing Cabrasco (Colombia): Joe details the acquisition of this district-scale copper-molybdenum porphyry system, the logistics of operating in the Chocó belt, and the company's commitment to year-round drilling.
The Mantau Project (Chile): A look at the pipeline opportunity in the Antofagasta region, situated adjacent to significant recent discoveries, and how it fits into the company’s seasonal exploration rotation.
Capital Position and Team Expertise: An overview of the company’s recent $27.5 million financing and the technical team driving these projects forward.

If you have any questions for Joe and his team you can email us at
Click here to visit the Andina Copper website - https://www.andinacopper.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.
25 min
March 17TriStar Gold - LP Environmental Permit Court Case Update
In this episode, we sit down with Nick Appleyard, President and CEO of TriStar Gold (TSX.V: TSG | OTCQB: TSGZF). Following a recent news release regarding the ongoing court case in Brazil, Nick provides essential clarity on the status of the LP environmental permit for the Castelo de Sonhos project. We dive deep into the legal proceedings, the nature of the contested facts, and the potential timelines for a resolution that could significantly re-rate the company's valuation.
Key Discussion Points:
Current Court Status: Nick explains the "evidentiary phase" of the court case, where parties are submitting contested facts and the judge is determining if independent experts are required to reach a final truth.
The Indigenous Consultation Issue: A look into the central dispute regarding the proximity of indigenous groups; Nick clarifies that the nearest groups are 30km away, upstream, and separated by a mountain range, making any environmental impact scientifically impossible.
Potential Outcomes: Discussion on the four possible paths forward - a direct judicial ruling, further expert examination, a judge-mandated negotiation, or an out-of-court settlement with the federal prosecutors.
Project Value vs. Market Cap: A comparison of TriStar’s current $110 million CAD market cap against the project’s post-tax NPV of over $2 billion USD, highlighting the massive value gap created by these "artificial" legal delays.

Click here to visit the TriStar Gold website to learn more about the Company and Project.

Email me any follow up questions for Nick - [email protected].

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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
March 17Rob Bruggeman - Introducing The Wealthy Miner: A New Subscription Based Research Platform For Metals Investors
In this episode, we are joined by Rob Bruggeman, an experienced industry insider and equity analyst who recently launched The Wealthy Miner, a subscription-based research platform. Drawing on over 20 years of experience as an analyst and proprietary trader for major banks, Rob shares his unique analytical framework for identifying value in the resource sector.
Rob explains his current preference for producers over early-stage explorers, citing the immediate benefits of rising metal prices and the risk of cost inflation for future developments.
Key Discussion Points
The Wealthy Miner Philosophy: Transitioning from a banking background to a disciplined research platform designed to provide an information advantage through rigorous analysis.
Precious Metals Outlook: Why the current bull market in gold and silver remains intact, with the potential for gold to reach $10,000 as geopolitical and currency forces continue to align.
Producers vs. Explorers: A deep dive into why near-term producers offer better risk-reward profiles today, as they have already "sunk" their costs and can capture immediate margins from high spot prices.
Strategic Minerals and Copper: Assessing the long-term demand for copper driven by AI and electrification, and the specific criteria for identifying world-class copper porphyry discoveries.
Stock Selection Criteria: How to differentiate between "lottery ticket" explorers and projects with legitimate potential for a "ten-bagger" return based on drill results and management execution.

Click here to visit The Wealthy Miner website - https://www.thewealthyminer.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.
25 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…