The KE Report

Dan O’Flaherty, CEO of Versamet Royalties (TSX.V: VMET), joins me to provide an update on the recent acquisition of both a silver stream and net smelter royalty on cash-flowing producing assets from Appian Capital.  We also take a deeper dive into the value proposition embedded in their portfolio of streams and royalties, and the triple-pronged approach to growth for this newer royalty company, that just listed publicly back in May of this year. Dan previously led Maverix Metals, which sold to Triple Flag in 2023, and now he’s building Versamet to fill the gap between junior royalty players and the multi‑billion‑dollar majors.

Key Highlights from Our Discussion:

If you have any questions for Dan regarding Versamet Royalties, then please email those in to me at [email protected].

Click here to follow the latest news from Versamet Royalties

We’re joined by Garrett Ainsworth, President & CEO of District Metals (TSX-V: DMX - OTCQB: DMXCF - Nasdaq First North: DMXSE SDB), to discuss the latest results from airborne Mobile MT surveys at the Viken Property in Sweden, one of the largest uranium deposits in the world.

Garrett explains how these surveys confirmed the known Viken deposit and identified nine new high-priority target areas - with three of them showing even stronger geophysical signatures than Viken itself.

Key discussion points include:

Garrett also shares perspective on Sweden’s pending uranium moratorium lift, expected in late 2025, which would unlock the path to drilling and advancing these discoveries.

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In this daily editorial, we welcome back Joel Elconin, co-host of the Pre-Market Prep Show and founder of the Stock Trader Network.

Joel and Corey dive into the recent pullback in U.S. equity markets, led by weakness in tech stocks, and whether this signals:

Joel also shares his perspective on why this market remains “orderly” despite euphoria in certain sectors, and why corrections are essential to a sustainable bull run.

Click here to visit Joel’s PreMarket Prep website

Click here to visit the Stock Trader Network - Use code PMPSTN for a 10% discount

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John Miniotis, President and CEO of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), joined me to discuss their new chair of the board, Marie Inkster, as well as the bench strength of the rest of the board and management team, their key strategic shareholders, an exploration update on the Phase 5 drill program, and the development pathway towards a construction decision at their wholly-owned Diablillos property in Salta Province, Argentina.

John highlights how the appointment of Marie Inkster marks another key inflection point as a company to take them into the next phase of growth. Ms. Inkster will take over as Chair of the Company's board of directors, replacing Robert Bruggeman, who will continue to serve as a director.

Ms. Inkster is a very highly accomplished mining executive and corporate director with more than 25 years of international experience spanning corporate leadership, finance, governance and capital markets. From 2018 to 2021, she served as President & CEO of Lundin Mining Corporation, after nearly a decade as its Chief Financial Officer. She currently serves on the boards of Cameco Corp. and Foran Mining Corp., and has also held board roles with global mining leaders including Vale S.A. and Lucara Diamond Corp.

John then spent some time reviewing the various disciplines and expertise of their board of directors and management team, and why this addition of Marie really rounds out the various skillsets needed to advance from an exploration company into a full-fledged development company.  We also highlighted the strength of having strategic partnerships like Central Puerto,  the largest utility company in Argentina, as well as senior mining companies like Kinross and Teck Resources, so share ideas with.

With three drill rigs now active across the broader Diablillos land package, the ongoing 20,000 meter Phase 5 drill program, and the potential to add a fourth rig in the future, the Company is entering another exciting new phase of exploration growth and is testing new targets. In addition, the Company is doing all the derisking work programs in parallel with exploration for their ongoing Definitive Feasibility Study due out in early 2026, which will be followed by a PEA on the heap-leach economics, and another updated to the mineral resource once all the Phase V data is incorporated into that study.

If you have any follow up questions for John regarding at AbraSilver, then please email us at [email protected] or [email protected].

In full disclosure, Shad is a shareholder of AbraSilver at the time of this recording.

Click here to visit the AbraSilver website and read over the most recent news releases.

Nick Hodge, Co-Owner of Digest Publishing and editor of Foundational Profits and Hodge Family Office, joins us for a longer-format discussion on and the macroeconomic themes and fundamental value drivers that that are presenting catalyst-driven opportunities in select gold, silver, lithium, and uranium stocks.

We start off reviewing how the Fed’s first rate cut in 9 months, here during the month of September, and that sticky and rising inflation has been a key tailwind for reflationary trends in US equities, cryptos, and the commodities sectors. Nick points out, once again, that real assets are moving higher in response.  Despite the melt up we’ve seen in many metals resource stocks, Nick goes on to outline where there are still opportunities in companies that have solid work programs and news catalysts on the horizon in the precious metals stocks, and that there are still many positive macro policy factors providing tailwinds to critical minerals like copper, rare earths, and antimony, and energy metals like lithium and uranium.

Nick highlights a few gold and silver companies that have had news catalysts driving their charts higher like recent high-grade silver equivalent results returned in the initial drill results from Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF), and the compelling market cap gulf between the earlier stage Daura Gold Corp. (TSXV: DGC) exploring adjacent on the same mineralized trend to the more richly valued Highlander Silver Corp. (TSX:HSLV) in Peru.  

Next, we revisited the point Nick has made in prior discussions that the lithium space presented a “buy the dip” moment a few months back, and that both the underlying metals price and the related equities have bounced and started a trajectory higher.  He also pointed to the doubling of the stock price this week in Lithium Americas Corp. (TSX: LAC) (NYSE: LAC), on the back of media reports pertaining to the status of its previously announced $2.26 billion loan from the U.S. Department of Energy (“DOE”).

Shifting over to the nuclear power and uranium tailwinds from the government fiscal bills and executive orders passed the last few years have had provisions in them for accelerating the development of nuclear power infrastructure and uranium mining. Just this month we saw more comments from the US administration on creating a strategic uranium reserve and this has sent the prices of North American uranium stocks even higher, as they’ve been in a multi-month rally coming off the April sector lows. Nick highlights the prior trading opportunity he brought to listens attention a few months back in the Sprott Junior Uranium Miners ETF (URNJ) as one that has worked out nicely.

Nick also flagged uranium companies like Energy Fuels Inc. (TSX: EFR) (NYSE American: UUUU), enCore Energy Corp. (NASDAQ: EU) (TSXV: EU), Uranium Energy Corp (NYSE American: UEC), North Shore Uranium Ltd. (TSXV:NSU), Denison Mines Corp (TSX: DML) (NYSE American: DNN), and Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) as different stages of uranium companies that are doing good work to advance their projects, which continue to have his attention.

Wrapping up Nick shares the technical innovation in the mining sector and value proposition he sees in  MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) a leading provider of digital supply chain solutions for the commodity markets.  He points out his it is valuable to banks, to traders, to exchanges, to metals producers, to exporters, to importers, to smelters to provide big data and assurances of supply chains.  This opens up a number of lucrative avenues for helping the resource sector, materials space, and manufacturing industries by leveraging this technology, and it is already attracting major partners.

Click here to follow Nick’s analysis and publications over at Digest Publishing

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Fred Bell, CEO of Elemental Altus Royalties (TSX.V:ELE) (OTCQX:ELEMF), and Dave Cole, CEO of EMX Royalty Corp (NYSE American: EMX) (TSXV: EMX), both join me to unpack the key transaction details, synergies, and growth profile emerging from the business combination of both companies into the emerging Elemental Royalty Corp.  In the new combined entity, Dave will be the CEO, and Fred will be the President and COO, with the balance of the management team and board being a solid blend of the 2 companies current teams.

Dave starts us off with the big-picture rationale for this merger, creating a larger royalty company of scale, graduating up to the mid-tier category, with more analyst coverage and liquidity, a better cost of capital, the financial strength from the backing of the key strategic shareholder Tether Investments, and the potential to rerate in the future to a better price to net asset value multiple more in alignment with larger royalty peers.

Fred then takes us through the transaction specifics of the merger, including the recent financing, share roll back, and US big board exchange listing that were all announced earlier this month, in concert with this business combination. Fred also outlines the importance of having Tether Investments as their key strategic shareholder, and they financially backstop the kinds of accretive acquisitions that they can now go after. He also explains why they made the choice to establish an institutional account to gain exposure to Tether Gold (XAUt), a tokenized asset backed 1:1 by physical gold, to diversify the Company's treasury and increase exposure to rising gold prices with enhanced liquidity and efficiency.

We also dive into updates on their key cornerstone royalty partner projects: Timok, Laverton, Karlawinda, and Caserones. the organic development growth still on tap in their portfolio of royalties, the future upside of the continued royalty generation strategy, and a look ahead to future larger acquisitions than were possible for both companies up until the creation of this new combined vehicle.

If you have any follow up questions for Dave or Fred regarding the merger of Elemental Altus Royalties with EMX Royalty, into the new Elemental Royalty Corp, then please email them to me at [email protected].

Click here to learn more about the Elemental Altus and EMX Royalty merger

Click here to view recent news on Elemental Altus Royalties

Click here to view recent news on EMX Royalty

In this KE Report Daily Editorial (Sept. 24), we welcome back Dana Lyons, fund manager and editor of Lyons Share Pro. Dana shares how his proprietary models continue to signal bullish conditions despite some red flags in sentiment and seasonality.

Discussion Highlights:

Mentioned ETFs & Tickers:

Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services. 

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We welcome back Simon Dyakowski, President & CEO of Aztec Minerals (TSX.V:AZT - OTCQB:AZZTF), to discuss the latest drill results from the Tombstone Project in Arizona, released September 23rd.

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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.

In this company update, we speak with Wendell Zerb, Chairman and CEO of Red Canyon Resources (CSE: REDC - OTCQB: REDRF), about two major developments:

For more information, visit Red Canyon Resources Website

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Investment Disclaimer

We’re joined by Dave Erfle, founder and editor of Junior Miner Junky, to break down the ongoing strength in precious metals. Gold is holding above $3,800/oz and silver over $44/oz, with mining stocks - both large and small - continuing to outperform.

Discussion highlights:

Stocks mentioned:

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

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Investment Disclaimer: