Host Trevor Hall welcomes Jason Kosec, who has been busy orchestrating two major gold mining deals. They begin by discussing Kosec's role as non-executive chairman at Minera Alamos and its acquisition of the Pan Mine, which is now poised to become a new gold producer. The conversation then shifts to the headline-making, billion-dollar deal for the historic Hemlo Gold Mine, which was sold to Carcetti Capital. Jason outlines his team's vision for revitalizing the asset, explaining how they can increase production by leveraging underutilized hoisting and mill capacity. Finally, Kosec addresses critics who suggest the deal signals a market top, defending the valuation by highlighting the mine's low costs, long life, and the high price of building a similar operation today.