Podcasts about Mining

Interview with Simon Marcotte, CEO, Northern Superior ResourcesOur previous interview: https://www.cruxinvestor.com/posts/northern-superior-resources-tsxvsup-consolidating-canadas-next-major-gold-camp-7570Recording date: 10th September 2025Northern Superior Resources is positioning itself at the forefront of what CEO Simon Marcotte believes will be a historic transformation in the gold sector, driven by both macroeconomic forces and strategic asset consolidation in Quebec's emerging Chibougamau Gold Camp.Marcotte presents a compelling case for gold reaching $30,000 per ounce, based on debt-to-gold reserve ratio analysis comparing current conditions to the 1970s currency reset. His framework suggests that to match 1970s reset levels, gold would need to reach $24,000, with additional structural factors potentially driving prices higher. This bold prediction reflects his view that despite recent gold strength, "we don't even think the game has started... we're [just] walking into the arena."A critical investment opportunity emerges from current sector mispricing. Gold developers currently trade at approximately 0.5% of their gold-in-ground value, compared to historical averages of 3-5% since 2001. As Marcotte explains, "If gold just stays where it is and we re-rate back to the long-term average, we're looking at a 10 bagger for the sector." This valuation disconnect coincides with gold producers facing reserve depletion challenges, having "depleted about a third of their reserves in the ground over the past 15 years," creating inevitable consolidation pressure.Northern Superior's core strategy centers on consolidating Quebec's Chibougamau Gold Camp, which Marcotte positions as "the next big camp to emerge globally." The Philibert deposit serves as the foundational asset, with 22,000 meters of successful drilling demonstrating "enormous success to the southeast" and discovering "a high-grade underground zone at depth." The company has strategically acquired neighboring properties to enable northwestern expansion, with a new resource estimate in development.IAMGOLD's role as the camp's driving development force provides significant validation, having "publicly stated several times that their next stop is to develop Chibougamau." Additionally, Northern Superior's 50% ownership of OnGold represents hidden value through two key assets: the TPK project (North America's largest gold-in-till anomaly) and Monument Bay (historical 3 million ounce resource). Both assets are now actively being drilled following years of preparation and community engagement.The company maintains strong governance with 25% insider ownership and solid institutional backing, protecting against opportunistic takeovers while maintaining strategic flexibility. Management's approach balances active development with strategic patience, recognizing potential for significant value creation as gold prices advance and sector consolidation accelerates.Learn more: https://www.cruxinvestor.com/companies/northern-superior-resources-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Sam Lee, CEO, Northisle Copper & GoldOur previous interview: https://www.cruxinvestor.com/posts/northisle-copper-gold-tsxvncx-2b-npv-project-signals-significant-value-gap-at-current-prices-7271Recording date: 11th September 2025Northisle Copper & Gold has positioned itself as a compelling copper-gold investment opportunity following a transformational $40 million equity financing that marked the company's entry into institutional investment circles. The financing attracted nine institutional investors, with seven being completely new to the Northisle story, while Wheaton Precious Metals provided strategic backing through an unusual equity investment rather than their typical streaming arrangement.The company's preliminary economic assessment demonstrates robust project economics with a $2 billion after-tax net present value at conservative commodity prices of $4.20 copper and $2,150 gold. At current gold prices near $3,600, the economics improve dramatically to a $5 billion NPV with a 45% internal rate of return. The project's unique structure addresses typical copper porphyry capital intensity challenges through high-margin gold-dominant zones that generate 65-70% margins, enabling initial capital payback within 1.9 years.Management has strengthened its leadership team with world-class appointments, including Kevin O'Kane as Chief Operating Officer, bringing 35 years of BHP experience from projects like Escondida, and Alex Davidson to the board with extensive Barrick Gold expertise. These appointments signal management's commitment to operational excellence as the company advances toward feasibility studies.Beyond the starter pit opportunity, Northisle controls a 35-kilometer district with over 70 years of exploration data, presenting significant upside potential through deep drilling programs targeting district-scale discoveries. The company has allocated $10 million for exploration programs led by Dr. Pablo Mejia Herrera, targeting "1% copper equivalent over 1,000 meters" intersections that would indicate proximity to high-grade porphyry cores.CEO Sam Lee characterized the current environment as unprecedented for natural resource extraction, with federal government support through trade missions and political alignment creating optimal development conditions. This macro backdrop, combined with the company's proven capital allocation track record and institutional validation, positions Northisle to capitalize on favorable commodity cycles while pursuing both near-term development economics and long-term district potential.Learn more: https://www.cruxinvestor.com/companies/northisle-copper-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Tim Clark, CEO, Fury Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/fury-gold-mines-tsxfury-multi-asset-canadian-high-grade-gold-explorer-with-strong-financials-5957Recording date: 11th September 2025Fury Gold Mines has emerged as a compelling investment opportunity in the junior gold mining sector, presenting multiple pathways to value creation through its high-grade Eau Claire resource in Quebec and diversified portfolio approach. The company's recently released preliminary economic assessment demonstrates robust standalone economics with a $554 million net present value and 41% internal rate of return, based on conservative $2,400 gold pricing.What sets Fury apart from typical junior miners is its strategic toll milling optionality, which could dramatically enhance returns while reducing capital requirements. Located 50-60 kilometers from an underutilized processing facility, the company has modeled scenarios showing potential IRR increases to 84% under full toll milling arrangements. This flexibility addresses one of the primary challenges facing junior developers: substantial upfront capital expenditure.The company's financial strength provides significant competitive advantages through its $65 million equity position in Dolly Varden Silver Corporation and New York Stock Exchange listing, which grants access to US retail investors comprising two-thirds of the shareholder base. CEO Tim Clark emphasizes this positioning enables selective capital raising while maintaining disciplined dilution management of just 3-4% annually.Beyond the flagship Eau Claire project approaching 2 million ounces, Fury maintains additional growth catalysts including a partnership with Agnico Eagle on Committee Bay properties in Nunavut and recently acquired Quebec assets. The company also holds the only full feasibility study on an unbuilt rare earth project, adding further monetization potential.Despite recent 30% share price appreciation following the PEA release, Clark believes Fury remains significantly undervalued at $25 per ounce compared to peer averages of $50 per ounce. With sustained gold price strength driving renewed investor interest in quality junior miners, Fury appears positioned to capture disproportionate value as market recognition increases and development activities advance across its diversified portfolio.Learn more: https://www.cruxinvestor.com/companies/fury-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Interview with Nick Appleyard, President & CEO of TriStar Gold Inc.Our previous interview:Recording date: 11th September 2025TriStar Gold Corporation represents a compelling high-risk, high-reward investment opportunity centered on the exceptional economics of its Castelo de Sonhos gold project in Brazil's Pará state. The project's fundamentals are outstanding, containing 1.4 million ounces of probable gold reserves that generate a post-tax net present value of $1.4 billion at conservative $3,200 per ounce gold assumptions. This creates a remarkable valuation disconnect with TriStar's current market capitalization of approximately $55 million.The investment thesis is built on the project's technical simplicity and robust economics. CEO Nick Appleyard characterizes the operation as "sand and gold. Nothing else. Simplest processing you're ever going to see." This straightforward metallurgy reduces both technical risk and capital requirements while supporting strong margins throughout the mine life. Production profiles indicate significant scale, with the first seven years averaging 150,000 ounces annually before stabilizing at 120,000 ounces, positioning Castelo de Sonhos as a meaningful mid-tier gold operation.Location advantages further enhance the project's attractiveness. Proximity to existing road infrastructure reduces capital requirements typically associated with remote site development, while the technical simplicity of processing sand-hosted gold mineralization supports both economic viability and development timeline efficiency.The current investment opportunity stems from regulatory challenges that have created substantial valuation dislocation. TriStar faces permit suspension recommendations from Brazilian prosecutors based on allegedly insufficient indigenous consultation. However, the factual basis for these concerns appears questionable, with referenced indigenous groups located over 100 kilometers from the project site and no demonstrated environmental or cultural impact from exploration activities.Importantly, TriStar maintains strong local support where it matters most. Communities within reasonable proximity to the project support the company's activities, benefiting from employment opportunities and development programs. State regulatory agencies have provided robust defense of TriStar's permit applications, with the state environmental agency emphasizing that the company has followed all proper procedures and operates far from any potential impact areas.The legal process follows a defined timeline with defense filings expected by mid-October 2025, followed by judicial review through early 2026. Management estimates that approximately $1.5 million in legal and consultation expenses could provide project clarity and unlock construction licensing, representing modest capital deployment relative to potential value creation.Risk mitigation factors support the investment thesis despite regulatory uncertainty. TriStar maintains sufficient capital to navigate the legal process without forced fundraising at disadvantageous terms, while the company's single-asset focus allows management to concentrate entirely on resolution. The involvement of FUNAI, Brazil's federal indigenous affairs agency, provides procedural safeguards through evidence-based assessment standards rather than subjective claims.Historical precedent supports optimism for resolution. Similar regulatory challenges in Pará state have generally been resolved with projects advancing to production, suggesting these hurdles follow predictable patterns with established resolution mechanisms. Brazilian mining attorneys view such challenges as part of the operating environment rather than terminal project risks.For investors comfortable with Brazilian regulatory complexity and willing to accept defined timeline risk, TriStar Gold offers exceptional return potential through what management estimates could be a $100 million market value recovery upon regulatory clarity.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

Interview with Keith Boyle, CEO of New Found Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/new-found-golds-strategic-maritime-resources-acquisition-building-canadas-next-gold-producerRecording date: 15th September 2025New Found Gold Corp. has strategically strengthened its leadership team with three key appointments that position the company for its transition from developer to producer following the Maritime Resources acquisition. The headline appointment sees Dr. Andrew Furey, former Premier of Newfoundland and Labrador, joining the board of directors, bringing unparalleled political connections and regulatory expertise to guide operations in the province where both Hammerdown and Queensway projects are located. CEO Keith Boyle emphasized the strategic value, noting that "the political world and all those connections really do help a business and that oversight, making sure that we advance in the right way, that's gold."The operational leadership team has been enhanced with the appointment of Hashim Ahmed as CFO, bringing proven experience from Mandalay Resources and Jaguar Mining, and the promotion of Robert Assabgui to COO, leveraging his decades of mining engineering experience including successful development of Hudbay's Lalor mine. These appointments address the sophisticated financial and operational requirements as New Found Gold manages both Hammerdown's production ramp-up starting in early 2026 and Queensway's C$155 million Phase 1 development.The leadership expansion builds on the Maritime acquisition's strategic rationale, which Boyle described as creating synergies where "Maritime's got a nice little gold mine operation coming into production later this year and that gold production will help fund phase one of the Queensway project." With Hammerdown projected to contribute approximately C$70 million in cash flow and Queensway Phase 1 targeting 69,300 ounces annually, the enhanced team provides the expertise needed to achieve the company's objective of "cracking the 200,000-ounce mark." The appointments collectively reduce political, operational, and financial risks while positioning New Found Gold to capitalize on district-scale exploration opportunities across its expanded Newfoundland land position in a Tier 1 mining jurisdiction.—Learn more: https://cruxinvestor.com/companies/new-found-goldSign up for Crux Investor: https://cruxinvestor.com

Recording date: 12th September 2025The precious metals mining sector is experiencing a fundamental transformation as institutional capital floods into gold equities and junior exploration companies secure financing levels unseen in over a decade. Olive Resource Capital, reporting their strongest performance since inception, exemplifies the sector's momentum with exceptional returns through traditionally challenging summer months.Junior mining companies now routinely raise $20-30 million compared to historical norms of $3-4 million, enabling drilling programs of 100,000+ meters annually versus previous budgets limited to 5,000 meters. This capital influx positions well-funded exploration companies to potentially transform million-ounce discoveries into tier-one deposits exceeding 5 million ounces, attracting major producer acquisition interest.The Anglo American-Teck merger announcement signals accelerating consolidation activity, with both companies essentially placing themselves in acquisition play. Cash-rich gold producers are shifting from capital discipline messaging toward growth strategies, fundamentally altering the M&A landscape. Companies previously considered acquisition targets, such as IAMGOLD, now possess the balance sheet strength to become buyers themselves, dramatically expanding the potential acquirer pool.Silver sector opportunities are multiplying as $40 silver prices make virtually every global silver company economical, attracting significant investment including backing from Eric Sprott across multiple ventures. The sector benefits from both improved economics and the crypto community's embrace of gold as "natural bitcoin."Institutional participation extends beyond traditional resource funds, with generalist money driving gold equity outperformance versus the underlying commodity. New faces at industry conferences indicate capital sources outside the typical mining investment circle are entering the space.The upcoming Denver Gold Forum will reveal whether major producers formally pivot from capital discipline rhetoric to growth-focused strategies, potentially triggering additional M&A activity as the sector matures into a more sophisticated phase of the current bull market cycle.Sign up for Crux Investor: https://cruxinvestor.com

AP correspondent Julie Walker reports Illegal gold mining is fueling a 'mercury boom' in Mexico, poisoning people and the environment.

Hunter Keegan is joined by Jennifer Suzanne, a biotechnology scientist and aspiring author from the greater Washington, DC area. During this interview, Jennifer discusses some of the experiences with bipolar mania that have occurred throughout her life and how they inspired her to begin writing a book, tentatively titled "Decadent Dreams." Follow Jennifer's "Mining my Mind" publication on Substack @jsuzanne88 Remember that Hunter Keegan's latest memoir, "Happy Valleys: A Bipolar Journey," is now available on Amazon. Order a Kindle, paperback, or hardcover copy today! "Happy Valleys: A Bipolar Journey" Amazon Link: https://www.amazon.com/Happy-Valleys-Bipolar-Hunter-Keegan/dp/B0DVGV7MKF Bipolar Recorder is an independent mental health advocacy initiative. Make a donation and/or buy some Bipolar Recorder merch at bipolarrecorder.com/shop Follow Bipolar Recorder on Twitter ("X") @BipolarRecorder Follow Bipolar Recorder on Instagram @BipolarRecorder Official Site: www.bipolarrecorder.com

We discuss our experience on the day of $NAT being officially mined by Bitcoin miners and discuss in detail what the prospects are for $NAT and DMT in supporting the growth of the Bitcoin ecosystem. As well as game plan steps moving forward in order to further educate the mining community and regular folk about what it is $NAT represents as the first DMT asset contributing to furthering the future sustainability of Bitcoin. We then showcase some of the Ordinal assets for mint that will contribute to adding liquidity for $NAT on TaparooSwap, a Bitcoin L1 AMM DEX. With our efforts and the community behind us we can strengthen $NAT overtime and build a strong NATwork effect in support of the DMT ecosystem as a whole. We firmly believe the success of $NAT will be the catalyst for the entire Bitcoin ecosystem as it represents a native to Bitcoin product that is closest aligned to the ethos and value of Bitcoin itself. At the end we discuss Jason Lowery's recent bullish sentiment around Digital Matter Theory and how we align with his talking points of his next book titled “Digital Power”. Having notable actors in the Bitcoin community continually propagating the idea of Bitcoin's higher purpose being the utilization of its immutable substrate layer will further elevate the DMT mission. Topics: First up, the guys discuss their experience on the day of $NAT being officially mined by Bitcoin miners and discuss in detail what the prospects are for $NAT and DMT in supporting the growth of the Bitcoin ecosystem Next, then showcase some of the Ordinal assets for mint that will contribute to adding liquidity for $NAT on TaparooSwap, a Bitcoin L1 AMM DEX and Finally, Having notable actors in the Bitcoin community continually propagating the idea of Bitcoin's higher purpose being the utilization of its immutable substrate layer will further elevate the DMT mission. Please like and subscribe on your favorite podcasting app! Sign up for a free newsletter: www.theblockrunner.com Follow us on: Youtube: https://bit.ly/TBlkRnnrYouTube Twitter: bit.ly/TBR-Twitter Telegram: bit.ly/TBR-Telegram Discord: bit.ly/TBR-Discord

After a week of $NAT tokens being allocated to Bitcoin miners, we take a closer look at the longer-term implications and explore potential scenarios where $NAT plays a pivotal role in the sustainability of mining operations. We analyze which miners have accumulated the most tokens and, by projecting across different market cap brackets, estimate the weekly value being accrued. This exercise aims to highlight how $NAT can fulfill its long-term mission once market forces drive its token value significantly higher than it is today. We also discuss the responsibilities and roles as the founders going forward, now that the technical framework for $NAT as Bitcoin's new subsidy reward token has been established, drawing parallels with Satoshi's early efforts in galvanizing community support for the movement and successful propagation of the ideals behind Bitcoin. In our view, there are still several key tasks ahead, such as deploying infrastructure primitives that will facilitate more liquid trading environments for $NAT and the creation of sustainable DeFi networks that can leverage the DMT ecosystem. Additionally, $NAT needs a substantial amount of educational content to clarify its mission and the broader goals of the DMT ecosystem. With a target market cap of $1 billion, which we believe is achievable, we are confident that these challenges will be addressed by the community, ensuring the ecosystem's resilience and long-term growth. Topics: First up, After a week of $NAT tokens being allocated to Bitcoin miners, we take a closer look at the longer-term implications and explore potential scenarios where $NAT plays a pivotal role in the sustainability of mining operations. Next, analyze which miners have accumulated the most tokens and, by projecting across different market cap brackets, estimate the weekly value being accrued. and Finally, With a target market cap of $1 billion, which the guys believe is achievable, we are confident that these challenges will be addressed by the community, ensuring the ecosystem's resilience and long-term growth. Please like and subscribe on your favorite podcasting app! Sign up for a free newsletter: www.theblockrunner.com Follow us on: Youtube: https://bit.ly/TBlkRnnrYouTube Twitter: bit.ly/TBR-Twitter Telegram: bit.ly/TBR-Telegram Discord: bit.ly/TBR-Discord

Canadian journalist Nora Loreto reads the latest headlines for Friday, September 12, 2025.TRNN has partnered with Loreto to syndicate and share her daily news digest with our audience. Tune in every morning to the TRNN podcast feed to hear the latest important news stories from Canada and worldwide.Find more headlines from Nora at Sandy & Nora Talk Politics podcast feed.Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!

With Sonoro being the number one gold producer in Mexico, Sonoro Gold's (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) flagship Cerro Caliche project represents a high-potential mineral asset.President and CEO Kenneth MacLeod and Chairman John Darch provide an overview of the project, highlighting its location in a mining-friendly jurisdiction, the progress toward an updated PEA, and the advantages of its low initial capital requirements. They also discuss government support, advancements in permitting, and the key catalysts expected to shape the company's trajectory over the next 12 to 18 months.Watch the full interview to discover the project's outlook and more.Discover Sonoro Gold: https://sonorogold.comWatch the full YouTube interview here: https://youtu.be/9KCeMSB7gMU And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

In this episode of Mining Stock Education, host Bill Powers is joined by junior mining investment pros Brian Leni and David Erfle at the Beaver Creek Precious Metals Summit. They discuss the recent performance of the GDX and GDXJ indices, the sentiment at the conference, and the abundance of opportunities in the junior mining stock market. The conversation touches on the importance of attending conferences, the potential impact of M&A rumors, and the strategic considerations for investing in junior mining stocks during a bull market. They also delve into themes like the significance of copper investments and the importance of U.S. big board listings for junior miners. The episode concludes with actionable advice for investors on managing risk, taking profits, and prioritizing investment opportunities. 00:00 Introduction 00:22 Market Sentiment and Conference Reflections 02:23 Rumors and Major Deals in the Sector 05:25 Investment Strategies and Market Trends 08:02 Valuation and Portfolio Management 11:18 Uplisting and Market Opportunities 16:55 Success Stories and Lessons Learned 20:47 When to Sell and Concluding Thoughts Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

"Effective leadership is not about being fearless; it's about doing what you need to do, even with fear." Pradeepa Narayanaswamy Join us as we delve into a compelling conversation with Pradeepa Narayanaswamy, a renowned leadership and executive coach known as the "team whisperer." In this episode, Narayanaswamy unveils the art of authentic leadership, focusing on the courage to see beyond titles and biases, embracing human connections, and empowering underrepresented voices, particularly women of color. Discover how mining for the metaphorical "diamonds" in human interactions can transform team dynamics and elevate leadership. Memorable Quotes: "Fear is peeing your pants; courage is doing what you need to do in peed pants." "Leadership becomes truly effective when we engage with others human to human, leaving aside preconceived notions and biases." Key Points: Leadership with Courage and Curiosity: Narayanaswamy shares insights on leading effectively by embracing curiosity and setting egos aside. Mining for Diamonds: Recognizing the unique talents in team members can enhance trust and strengthen team dynamics. Empowering Underrepresented Voices: Strategies for women of color to maintain visibility and credibility in challenging environments. The Diamond Toolkit: Practical actions for self-reflection and growth, fostering leadership transformation from the inside out. Chapter Breakdown: (0:00:05) - Effective Leadership Through Curiosity (0:15:28) - Mining for Diamonds in Human Interactions (0:24:39) - Uncovering Brilliance Through Genuine Connection (0:30:26) - Empowering Leadership for Underrepresented Voices (0:41:08) - Promoting Leadership Growth Through Podcast Resources Mentioned: Pradeepa Narayanaswamy's website: https://www.pradeepa.coach/ "Reinventing Yourself" by Steve Chandler There are multiple great ways to support this indie, woman-owned, small business, which provides free educational and​ motivational content.  Use one of these secure, fee-free ways to show some one-time appreciation:  1.☕ Buy Me a Coffee: Click Here 2.

Interview with Dave Cole, CEO, EMX Royalty & Fred Bell, CEO, Elemental Altus RoyaltyRecording date: 10th September 2025EMX Royalty Corporation and Elemental Altus Royalty Corporation have announced a transformational merger that will create a mid-tier royalty company with substantial scale and institutional backing. The combined entity will operate 16 producing assets alongside over 180 additional royalty exposures across diversified global jurisdictions, positioning it as a significant player in the royalty sector.The transaction's cornerstone feature is Tether's strategic investment, with the digital asset company becoming a 33% shareholder while contributing $100 million at closing. This backing addresses a critical challenge for junior royalty companies by substantially reducing cost of capital while providing access to larger acquisition opportunities. Tether's involvement reflects their broader commodity allocation strategy, viewing royalties as complementary to their $10 billion physical gold holdings.Portfolio performance has been strong across both companies, with significant discovery success at flagship assets including Timok in Serbia, Diablillos, and Caserones in Chile. The combined portfolios benefit from approximately $100 million in annual drilling expenditures by operators, creating embedded discovery optionality without capital requirements from the royalty holders. Revenue composition will be 67% gold and silver versus 33% base metals, generating an expected $70-80 million in annual revenue.Management structure preserves expertise from both organizations, with EMX CEO Dave Cole leading the combined entity and Elemental Altus CEO Fred Bell serving as President and Chief Operating Officer. The team recruited Stefan Wenger as CFO, leveraging his experience growing Royal Gold from hundreds of millions to billions in market value.The merger is expected to close by mid-November, followed by a US listing targeting institutional investors who previously considered the companies too small for investment. This enhanced scale and liquidity should provide access to larger transactions while maintaining their technical expertise and disciplined approach to capital allocation across the full spectrum of royalty opportunities.Sign up for Crux Investor: https://cruxinvestor.com

Interview with Justin van der Toorn , CEO of Greenheart GoldOur previous interview: https://www.cruxinvestor.com/posts/greenheart-gold-tsxvghrt-advancing-multi-project-portfolio-7557Recording date: 10th September 2025Greenheart Gold is an emerging junior gold explorer with a robust management pedigree, led by CEO Justin van der Toorn whose success at Reunion Gold lends credibility to the company's strategic approach. The company operates five greenfield gold projects in the highly prospective Guyana Shield region—two in Guyana and three in Suriname—deliberately focusing on unexplored targets. Rigorous evaluation and financial discipline underpin their model, with each project subjected to a systematic 9-12 month process to reach a drill decision, and non-viable assets quickly dropped.Currently, Greenheart has active drilling at the Tamakay project in Guyana and the Majorodam project in Suriname. Early drilling at Majorodam delivered intersections including 30 meters at 2 grams per tonne gold, supported by strong infrastructure benefits such as proximity to paved roads and established mills, which help lower operating costs and development thresholds. At Tamakay, the program targets high-grade quartz veins previously mined by local artisanal miners, further highlighting the region's potential.Justin van der Toorn emphasizes the importance of an honest, data-driven approach, stating, “At the end of the day, it's exploration. You have to play a little bit of a numbers game here and make sure that you've got more than one egg in a basket,” reflecting the company's commitment to portfolio diversification and rigorous technical standards.Well-capitalized and backed by a supportive institutional shareholder base, Greenheart Gold is positioned to advance its pipeline without the immediate need for further fundraising. With a disciplined capital allocation strategy and a clear focus on advancing only the most promising opportunities, Greenheart is set to deliver value through near-term drilling results and multiple discovery pathways within a world-class geological province. These factors, combined with favorable macroeconomic conditions for gold and the underexplored nature of the Guyana Shield, create a compelling case for investors.Learn more: https://www.cruxinvestor.com/companies/greenheart-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Jamie Levy, CEO, Generation MiningOur previous interview: https://www.cruxinvestor.com/posts/generation-mining-tsxgenm-advancing-its-robust-copper-palladium-project-in-ontario-5071Recording date: 10th September 2025Generation Mining Limited has positioned itself as a leading shovel-ready critical metals developer with its Marathon Project in Northern Ontario, targeting annual production of 160,000 ounces of platinum and 42 million pounds of copper alongside additional precious metals byproducts.The Marathon Project represents one of the few permitted critical metals developments in a tier-one jurisdiction, having secured all final regulatory approvals in 2024. This regulatory clearance eliminates a major development risk that continues to challenge competing projects across the mining sector. The simple open-pit operation features a favorable 3:1 strip ratio and could produce upwards of 250,000-300,000 ounces of platinum equivalent annually.Generation Mining has assembled a comprehensive financing strategy totaling over $1 billion in project capital requirements. The company secured mandate letters from senior lenders including Société Générale, ING, and Export Development Canada for up to $400 million USD, complemented by a $200 million streaming agreement with Wheaton Precious Metals. Management targets a fully financed package by early 2026.The automotive industry's pivot toward hybrid technologies rather than pure electric vehicle mandates creates sustained demand fundamentals for platinum group metals used in catalytic converters. This shift occurs amid heightened geopolitical supply chain concerns regarding traditional suppliers in Russia, South Africa, and China, driving government support for domestic North American production capabilities.With a current market capitalization of approximately $100 million against a project net present value of $1 billion, Generation Mining trades at roughly 10% of NPV compared to 50-80% typical for permitted developers. This substantial valuation disconnect indicates significant rerating potential as the company progresses toward its financial investment decision within the next 12 months.Learn more: https://www.cruxinvestor.com/companies/generation-miningSign up for Crux Investor: https://cruxinvestor.com

Interview with Hugh Agro, CEO & John Meyer, VP of Engineering, Revival GoldOur previous interview: https://www.cruxinvestor.com/posts/revival-gold-tsxvrvg-secures-c29m-strategic-financing-for-us-gold-projects-7558Recording date: 10th September 2025Revival Gold Inc. has emerged as a compelling gold development story through strategic asset assembly and institutional validation, positioning itself with one of the largest portfolios of development projects in the western United States. Led by CEO Hugh Agro and VP of Engineering John Meyer, the company controls 6 million ounces of resources across two primary assets: the flagship Mercur project in Utah and the larger Beartrack-Arnett project in Idaho.The company's strategic foundation centers on brownfield acquisitions in tier-one jurisdictions with existing infrastructure and proven past production. "What we did know as mining engineers and developers and operators of gold projects is that there's really a scarcity of these good projects in good locations," Agro explains. This 7-8 year asset assembly period coincided with depressed junior mining valuations, creating competitive advantages that would be impossible to replicate in today's market.Revival Gold has secured sophisticated institutional backing from EMR Capital and Dundee Corporation, raising $30 million in cash while gaining validation from experienced mine builders. "These are minefinders and builders before they became financiers," Agro notes, emphasizing the extensive due diligence process that validated the company's assets and strategy.The Mercur project represents the near-term value catalyst, positioned on private land in Utah with streamlined state permitting and existing infrastructure. Management targets construction start within 2.5 years, utilizing simple crush heap leach processing that reduces capital requirements and technical complexity. Both projects benefit from this approach, avoiding the complications of conventional milling operations.Current drilling campaigns focus on resource expansion and metallurgical de-risking, with three rigs operating at Mercur. The company maintains significant exploration upside through Mercur's unexplored western anticline and Beartrack-Arnett's underground potential beneath planned open pit operations.Trading at 0.2 times net asset value despite $500 million in engineered NAV, Revival Gold offers institutional-backed exposure to domestic gold production growth in an increasingly supply-constrained market. The combination of near-term production timeline, proven assets, and sophisticated backing creates what management describes as "a rare rare find in the space."Learn more: https://www.cruxinvestor.com/companies/revival-gold-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Rory Quinn, President & CEO of Yukon MetalsOur previous interview: https://www.cruxinvestor.com/posts/yukon-metals-cseymc-launching-major-drill-program-in-2025-7124Recording date: 10th September 2025Yukon Metals Corporation (CSE:YMC) represents a compelling early-stage copper and gold exploration opportunity positioned to capitalize on favorable market conditions and strong preliminary drilling results across three strategic properties in Canada's Yukon Territory.The company's flagship Birch project has delivered encouraging validation of its geological model, with scarn mineralization encountered in every drill hole across a substantial 750-meter strike length. The consistency of this mineralization is particularly significant for early-stage exploration, indicating a robust and extensive system with substantial discovery potential. Recent drilling has intersected up to 46 meters of continuous scarn mineralization between 250-300 meters depth, suggesting significant vertical continuity. Preliminary visual assessment by Dr. Quinton Hennigh, a highly respected geologist, indicates potential copper grades of 1.5-2% with accompanying gold content, though final assay results are pending.Complementing the copper focus at Birch, the Star River property presents exceptional high-grade silver and gold potential. Surface sampling has yielded remarkable results including up to 11,000 g/t silver and 101 g/t gold, with visible galena mineralization containing 1,800 g/t silver and 20% lead. Current drilling targets shallow mineralization at approximately 150 meters depth, supported by an 800-meter gravity anomaly that correlates with known high-grade surface showings.A critical value driver for Yukon Metals lies in its systematic approach to operational scaling through permit advancement. The company currently operates under Class 1 permits that limit operations to 10 people and restrict drilling scope. However, management is actively pursuing Class 3 permits that would dramatically expand capabilities to 50 people on site with virtually unlimited drilling capacity for a 10-year period. CEO Rory Quinn emphasized this represents a significant value inflection point, stating the permits will create a huge amount of value and enable much larger exploration programs.The company maintains a strong financial foundation with $11 million raised in April, supporting approximately 9,000 meters of drilling across the three properties. Management operates a lean structure with only a three-person Vancouver office, ensuring capital allocation is directed primarily toward exploration activities. This disciplined approach maximizes shareholder value while maintaining operational flexibility.Market conditions appear increasingly favorable for copper exploration, driven by electrification trends and supply constraints. Quinn noted strong institutional interest and the presence of generalist funds and US capital, describing current conditions as "the best vibe I've felt here in a long time" in what "really does feel like a bull market." The company's stock price has reflected this positive sentiment, advancing from $0.60 to the $0.80-$0.90 range following positive drilling results.The management team brings valuable experience and strategic relationships within the mining finance community. Key personnel include Keith Neumeyer, who helped structure the company and brings committed investor networks, and Patrick Burke, former head of capital markets at Canaccord Genuity. Quinn's background with Wheaton Precious Metals provides institutional market familiarity that should prove valuable as projects advance.With pending assay results, permit advancement progress, and favorable market conditions for strategic commodities, Yukon Metals appears well-positioned to deliver value through systematic project advancement and discovery potential across its diversified property portfolio.View Yukon Metals' company profile: https://www.cruxinvestor.com/companies/yukon-metalsSign up for Crux Investor: https://cruxinvestor.com

Interview with Andrew Cox, President & CEO of Rio2 Ltd.Our previous interview: https://www.cruxinvestor.com/posts/from-mega-mines-to-lean-machines-rio2-ltd-vista-golds-blueprint-for-fast-track-gold-production-7298Recording date: 10th September 2025Rio2 Limited presents a compelling investment opportunity as one of the few genuine new gold producers emerging in a market increasingly characterized by consolidation rather than organic growth. The company's Fenix Gold project in Chile is approaching first production in January 2026, positioned to capitalize on record-high gold prices exceeding $3,600 per ounce—more than double the $1,800 assumptions used in the original feasibility study.The project demonstrates exceptional execution discipline under CEO Andrew Cox's leadership, maintaining its production timeline while operating slightly under budget. Construction has progressed systematically with completed earthworks across 12 hectares of leach pads and process solution ponds, while mineral movement to the pad has already commenced. The company's $50 million funding arrangement with Wheaton Precious Metals eliminates typical development-stage financing uncertainties, providing clear visibility to cash flow generation.The management team's 11-year partnership and proven track record of building two previous operations with the same contractor relationships significantly reduces execution risk. This experience is evident in their methodical construction sequencing, targeting solution circulation by November and gold room completion by late December 2025.Fenix Gold targets 20,000 tons per day processing capacity, achievable by August-September 2026 through heap leach technology. The 90-day leach cycle provides relatively rapid cash flow generation, with approximately 50% of gold recovery occurring within the first 30-40 days of production. This operational profile, combined with current gold pricing, creates substantial cash generation potential from the project's 5 million ounce resource base.The most significant value driver lies in the project's expansion potential. Rio2 is advancing partnerships with two desalination providers in Copiapó to secure water supply for expanded operations. The proposed 160-kilometer pipeline infrastructure, requiring approximately $350 million in capital, would enable production of 300,000 ounces annually for 10 years—creating an estimated $3 billion in additional value.This expansion case transforms Rio2 from a mid-tier producer into a significant gold operation, supported by substantial inferred resources requiring conversion and exploration upside in boundary areas and depth extensions.Rio2's emergence occurs during unprecedented industry consolidation, where major producers like Newmont, Barrick, and Kinross pursue growth through acquisitions rather than organic development. This environment creates strategic optionality for Rio2, whether through independent expansion or potential acquisition by larger producers seeking established operations with growth potential.The company's single-asset concentration, while presenting risk, also provides focused execution and clear value catalysts. Management actively evaluates acquisition opportunities to diversify the asset base while maintaining commitment to the Fenix expansion.Rio2 offers investors a unique combination of near-term production certainty and transformational expansion potential. The company's disciplined execution, experienced management, and strategic timing during favorable gold market conditions create multiple pathways for value creation. With production approaching and expansion studies advancing, Rio2 represents both income generation and significant growth optionality in a proven geological setting during an optimal market environment for gold producers.View Rio2 company profile: https://www.cruxinvestor.com/companies/rio2-limitedSign up for Crux Investor: https://cruxinvestor.com

Interview with Marco Roque, President & CEO of Cassiar Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/cassiar-gold-tsxvgldc-dual-strategy-drives-growth-to-234moz-eyes-5moz-target-7293Recording date: 11th September 2025Cassiar Gold Corporation represents a unique investment opportunity in the current elevated gold market environment, combining substantial existing resources with rare infrastructure advantages that position the company for accelerated development timelines. With gold prices above $3,600 per ounce, the company's 59,000-hectare flagship project in northern British Columbia offers investors exposure to both immediate development potential and significant exploration upside.The project's resource inventory of 2.3 million ounces provides immediate scale, with 1.9 million inferred ounces grading 0.95 g/t and 410,000 indicated ounces at 1.43 g/t. Critically, this mineralization starts from surface and remains open for expansion, offering both development certainty and growth potential. The ongoing 7,000-meter drill program targets resource expansion at the established Taurus deposit while defining the promising Newcoast prospect, which features a footprint three times larger than Taurus with similar mineralization characteristics.Cassiar Gold's most significant competitive advantage lies in its existing infrastructure, a rare asset in the exploration and development sector. The project includes mine permits, road access, and a fully owned and permitted mill—infrastructure elements that typically require years to develop and permit. This positioning enables the company to potentially achieve production within three years for bulk tonnage operations, compared to the industry average of 18 years from discovery to production.The geological setting supports multiple development pathways through its orogenic nature, providing both predictability and operational flexibility. The bulk tonnage component grading approximately 1 g/t offers foundation for large-scale operations appealing to major mining companies, while discrete high-grade veins averaging 3 meters wide with grades between 10-20 g/t provide opportunities for earlier cash flow generation through selective mining approaches.Multiple near-term catalysts position the company for value creation over the next 18 months. Drill results are expected through year-end, metallurgical results in Q1 2026, and the critical Preliminary Economic Assessment in the first half of 2026. These studies will translate the geological and infrastructure advantages into economic terms, providing production scenarios, capital requirements, and return projections at current elevated gold prices.The investment thesis is strengthened by favorable market dynamics. Current gold prices provide robust economic margins for gram-per-ton mineralization starting from surface, while infrastructure advantages reduce typical capital intensity requirements. The combination creates attractive return profiles without extended development timelines that have historically challenged investor patience in the mining sector.Management's strategic vision balances near-term value creation through advancing known resources toward production with longer-term growth through systematic exploration of the broader land package. President and CEO Marco Roque notes the sector is buzzing with current market conditions creating favorable environments for advancing development projects and securing financing.The Cassiar Gold opportunity represents a new category of gold investments that bridge traditional exploration and development stage classifications. The company's existing mine permits, processing facilities, and access infrastructure address primary concerns that have historically deterred institutional investment: regulatory uncertainty, extended timelines, and capital intensity. For investors seeking exposure to gold sector growth while mitigating traditional development risks, Cassiar Gold offers a compelling combination of resource scale, infrastructure advantages, and development optionality positioned to benefit from current market strength.View Cassiar Gold's company profile: https://www.cruxinvestor.com/companies/cassiar-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-tsxvscz-q1-revenue-hits-70m-as-turnaround-plan-delivers-results-7297Recording date: 11th September 2025Santacruz Silver Mining represents a compelling investment opportunity for investors seeking exposure to a financially disciplined silver producer with strong fundamentals and clear growth catalysts. The company has successfully completed a strategic financial restructuring that positions it as one of the cleanest balance sheet stories in the precious metals sector.The company's financial transformation is remarkable. Santacruz has completely eliminated its acquisition-related debt obligations, paying off the final $15 million of its Glencore asset acquisition ahead of schedule while securing an additional $40 million in savings through an acceleration clause execution. This achievement has resulted in a pristine balance sheet with no streaming agreements, no royalties, and minimal debt beyond a strategically structured $20 million promissory note in Bolivia that carries a negative implied interest rate.Operationally, Santacruz demonstrates impressive resilience and diversification through its portfolio of four producing mines and one ore sourcing company spanning Mexico and Bolivia. The company generates over 7 million ounces of pure silver annually alongside significant zinc credits, with management projecting $90-120 million in annual free cash flow. This operational strength was evidenced when recent flooding at two Bolivian veins was immediately offset by San Lucas trading operations, which sourced replacement ore from third-party miners to maintain full mill capacity utilization.The investment thesis is strengthened by favorable currency dynamics in Bolivia, where 80-85% of operational costs are denominated in Bolivianos. The recent devaluation of the Boliviano creates ongoing cost advantages that directly improve all-in sustained cash costs and enhance profit margins, particularly beneficial in the current rising silver price environment.Santacruz's primary growth catalyst centers on the advanced Soracaya brownfield project, which management characterizes as "advanced organic growth." This asset features existing 43-101 resource reporting and previous development work by Glencore, with full permitting expected within 7-10 months. Once operational, Soracaya will contribute an additional 4 million ounces of annual silver production - representing approximately a 60% increase in output - funded entirely through internal cash generation without equity dilution.The company's resource base offers exceptional longevity and expansion potential. Current reserves and resources provide approximately 12 years of mine life in Bolivia alone, supported by vein systems that allow for both deeper development and strike length extension. Notably, the Porco mine represents the longest continuously producing mine in the Americas with 500 years of non-stop operation, while other assets have maintained production for over 200 years, demonstrating the sustainability of these geological systems.From a valuation perspective, Santacruz appears attractively positioned with an enterprise value approximately six to seven times projected EBITDA of $110-120 million, trading at a discount to many precious metals peers. This valuation gap, combined with the company's strong cash generation capabilities and strategic flexibility for acquisitive growth, presents multiple pathways for value creation.The macro environment further supports the investment case, as silver benefits from dual demand drivers spanning both industrial applications and monetary hedge demand. Industrial consumption continues expanding through renewable energy infrastructure and electronics manufacturing, while supply constraints from primary silver operations create additional price support.For investors seeking exposure to a well-managed silver producer with proven operational capabilities, clean financials, and clear growth visibility, Santacruz Silver offers a compelling risk-adjusted opportunity in the current precious metals landscape.View Santacruz Silver Mining's company mining: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com

Interview with Joseph Ovsenek, President & CEO of P2 Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/p2-gold-inc-tsxvpgld-35moz-project-advances-on-metallurgical-breakthrough-7826Recording date: 11th September 2025P2 Gold presents one of the most compelling value propositions in the current gold mining sector, offering investors exposure to a high-quality Nevada development project with exceptional economics and experienced management execution capabilities. The company's Gabbs project demonstrates robust financial metrics that appear significantly disconnected from its current market valuation, creating a substantial opportunity for value recognition and appreciation.The project's preliminary assessment reveals impressive economics with a 62% internal rate of return and $700 million net present value at a 10% discount rate when current metal prices are applied. These figures stand in stark contrast to P2 Gold's market capitalization of just $25 million, suggesting a potential 28-fold upside if the market recognizes the project's intrinsic value. The 3.5 million ounce gold equivalent resource base provides substantial scale, while the Nevada location offers regulatory advantages and established mining infrastructure that reduce development risks.Recent metallurgical breakthroughs represent a significant catalyst for enhanced project economics and accelerated development timelines. Phase 3 metallurgical results demonstrated remarkable improvements, with gold recovery rates increasing from 78% to 85% and copper recovery jumping from 54% to 67%. Perhaps more importantly, extraction kinetics improved dramatically, with 98% of gold now recoverable in 58 days compared to the previous 145-day timeline. This improvement could reduce capital expenditure requirements and project footprint size when advancing to feasibility study.Management credibility provides crucial execution confidence for investors evaluating development-stage mining opportunities. CEO Joseph Ovsenek and Chief Exploration Officer Ken McNaughton previously collaborated at Pretium Resources, successfully advancing the Bruce Jack project from discovery to production in under eight years. Their proven track record demonstrates capability in navigating complex development processes including resource expansion, permitting, financing, and construction management. The team's philosophy of setting aggressive targets and maintaining development momentum has translated into P2 Gold's ambitious 2028 production timeline.The company's strategic approach to development acceleration includes skipping pre-feasibility study and advancing directly to feasibility based on extensive historical data and the project's straightforward heap leach processing characteristics. This decision could compress typical development timelines while leveraging Nevada's established regulatory framework and heap leach infrastructure. The addition of SART plant technology for gold and copper oxide recovery represents the primary technical innovation required, with numerous similar facilities already operating successfully.Near-term catalysts provide multiple opportunities for market recognition and potential re-rating over the next 12 months. Expansion and infill drilling beginning in mid-to-late October should generate results over six months, potentially expanding the resource base and providing additional geological confidence. Key regulatory milestones including water permitting and mining plan of operation filing within four to five months will demonstrate tangible progress toward production.P2 Gold's current financing round targeting C$6 million with potential expansion based on strong investor interest demonstrates improving market sentiment and capital access. The relatively modest funding requirements reflect the project's efficient development pathway and extensive historical database, allowing the company to maintain aggressive advancement while preserving shareholder dilution.At current gold prices exceeding $3,600 per ounce, P2 Gold offers compelling leverage to continued metal price appreciation while providing downside protection through robust project economics and experienced management execution capabilities.Learn more: https://cruxinvestor.comSign up for Crux Investor: https://cruxinvestor.com

This show has been flagged as Clean by the host. Playing Civilization V, Part 3 Victory Types This is a good time to discuss the Victory types in Civ 5. We have talked about choosing appropriate strategies and that mostly has to do with what kind of Victory you are aiming for. Now you can change the objective as the game goes on, so if you realize you can't win your original Victory type, you can switch to another. But success is a lot easier if you make the right choices early on. Domination – To win this, you must keep possession of your own original capital, and capture everyone else's original capital. Original capital is the first city founded by each Empire. It can never be destroyed, but can be captured. Once the original capital city of an Empire is captured, another city will become the current capital, but capturing that does not count towards victory, and a current capital can be destroyed. Science – To win this, build and launch a spaceship to Alpha Centauri. To build a spaceship requires technologies at the end of the Technology tree, but you don't have to actually research every possible technology to do this. You build the parts in your various cities, and assemble them in your Capital. Once you have assembled all the parts, the spaceship will automatically launch and you win the game. Cultural – This depends on your culture compared to the other Empires, and involves the Tourism mechanic. If you attract tourists from another Empire, your culture will become more dominant over theirs. There are 6 levels for your Empire vis-a-vis the others: Unknown, Exotic, Familiar, Popular, Influential, and Dominant. These are defined by the amount of tourism you receive from an Empire compared with their own production of Culture. If the tourism you receive is at least equal to their own Culture production, you are Influential. And to get Culture victory you have to be at least Influential with every other Empire still in the game. The basic source of tourism comes from Great Works of Art, and Artifacts. Great Works of Art are produced by Great Artists, and Artifacts are dug up by your Archeologists once you discover this. Your own Culture production both defends against tourism of other Empires (i.e. your own citizens would rather enjoy your culture than travel to other Empires), and helps to produce the Great Works of Art. This victory type and the Tourism Mechanic is one of the innovations in Civ 5 , and carries over and is developed further in Civ 6. Diplomatic – To win this, you have to voted in as World Leader in the United Nations. You can gain votes in several ways. First, you can liberate the conquered capital of another Empire and return it to them. That will guarantee that they will vote for you in the United Nations. Or, and this is most common, you can ally with City-States and get their vote in the UN. Finally, if a City-State has been previously conquered by another Empire, you can liberate it and they will vote for you in the UN. Once the UN is achieved, votes take place every 20 turns, so if you fall short on one try, you can try to line up more votes for the next try, which usually means allying with a few more City-States. Time – If no one has won by the above means, the Empire with the highest score when time runs out will win. In a Standard game, that is in 2050 AD, and is turn 500. But note that turn 500 is not a turn when you can make a play. Your last chance to actually do anything is turn 499. Terrain Civilization V changed the game board from squares to hexes, which was the first big change. But another change makes terrain even more important in Civ V, and that is that you can only have one unit per tile. The giant death stacks of units that you could employ in Civ III and Civ IV are now gone. That means that any military campaign will mostly be fought on a variety of tiles. Most of this we will discuss later when we look at the military and how to fight wars, but knowing how terrain affects your units in terms of strength and mobility will be a big part of that. So first we need to know what the Terrain Types are. Of course, the other reason we need to know this is in terms of where to settle, where to farm, where to mine, and so on. And special resources are a modifier, but first we'll look at the Terrain Types by themselves. They can be analyzed in terms of their Base Production, i.e., what they will produce without any improvements such as farms and mines, Movement Cost, i.e. how many movement points it takes to move into the Tile, and Defensive Bonus, i.e. how the strength of your units is modified if they are in combat. Grassland – Base Production = 2 Food, Movement Cost = 1, and Defensive Bonus = -33% Plains – Base Production = 1 Food and 1 Production, Movement Cost = 1, and Defensive Bonus = -33% Desert – Base Production = Nothing, Movement Cost = 1, and Defensive Bonus = -33% Ocean – Base Production = 1 Food and 1 Gold, Movement Cost = 1 Lake – Base Production = 2 Food and 1 Gold , Movement Cost = 1 Tundra – Base Production = 1 Food, Movement Cost = 1 Snow – Base Production = None, Movement Cost = 1, and Defensive Bonus = -33% These basic Terrain Types can then be modified by Terrain Features, which can be stacked. For example, you could have a Plains tile with Hills and a Forest. Hills – Base Production = 0 Food and 2 Production, Movement Cost = 2, and Defensive Bonus = +25%. Note that the Base Production for Hills will be 0 Food and 2 Production regardless of the underlying Terrain Type. Forest – Base Production = 1 Food and 1 Production, Movement Cost = 2, and Defensive Bonus = +25%. Note that the Base Production for tiles with Forests will be 1 Food and 1 Production regardless of the underlying Terrain Type. But Forests can be cleared by Workers once Mining is discovered. Jungle – Production effect = -1 Production, Movement Cost = 2, and Defensive Bonus = +25%. Jungles can be cleared by Workers once Bronze Working is discovered, and should be. Mountain – Production = 0, Movement = impassable except for Air units, and for Carthaginian units once they have earned a Great General. Defensive Bonus = +25% River – Rivers run along the borders of tiles. They add +1 Gold. Attacking across a river reduces your attack strength by 20%. Crossing a river will end movement for most units unless there is a road with a bridge. Marsh – Production effect = -1 Food, Movement Cost = 2. Can be removed by workers once Masonry is discovered. If you have a Marsh tile in your city, have the workers remove the Marsh before you attempt to work the tile. Coast – These are the water tiles with relatively shallow water along the coast of a land mass. They are lighter in color than deep ocean tiles. Coast tiles can be traveled on by early water units which cannot travel on the deeper ocean tiles. Coast tiles produce one gold each. Flood plains – These tiles can be found sometimes along river banks. They produce 2 food, but can also produce disease outbreaks. Oasis – Produce +3 Food and +1 Gold. These tiles cannot be improved other than to add roads and railroads. Ice – At the top and bottom of the map are ice tiles representing the north and south poles. Airplanes can fly over these tiles, and submarines can go under them, but otherwise they are impassable Fallout – Once nuclear weapons have been discovered, you can have tiles that are covered by fallout. This will reduce food by 3, production by 3, and gold by 3. Movement cost is 2. In practice this will mean the tile produces nothing. A Worker unit can clean this up, but it will take time. So until that happens, you should look for opportunities to move your citizen into some other occupation until it is cleaned up. And you have to clean it up before building or restoring any improvements. Atoll – This tile type was added in a patch with the Polynesian DLC. It is an ocean tile that produces 1 Food and +1 Production. Movement cost is 1. Admittedly, this is a lot of detail to take in, but there are a few basic rules you might want to keep in mind. First, you don't want to settles cities where there are lots of Desert, Tundra, or Snow tiles. One or two Tundra tiles are OK if there are other positive features, like access to a luxury resource, but Desert and Snow tiles are completely useless. Again if there are lots of desirable tiles available, having one or two Desert or Snow is not problem, since in most cases you never will work all of the tiles in most cities. But look for the good tiles. Similarly, Mountain tiles are not generally useful, however if you are going for a Science victory they can be handy if you settle a city immediately adjacent to a mountain, since that will let you build an Observatory in the city. Observatories cost zero maintenance and add 50% to the science output of the city, making them very valuable. Mountains are also handy as barriers to keep away your enemies. Jungle tiles can also cause disease outbreaks, but clearing the jungle from the tile will put a stop to that. I will always clear away any jungle or Marsh tiles within my cities. Defensive bonuses are also important, but that is better covered when we get to warfare. From: https://www.palain.com/gaming/civilization-v/playing-civilization-v-part-3/ Provide feedback on this episode.

Coke-a-cola friendship bottles… Oz at the Sphere making some cash… Amazon... www.jasecase.com Mining merger makes it Big Mine… Treasure Hunt in Canada… Email: ChewingTheFat@theblaze.com 24th Anniversary of 9/11/2001… www.blazetv.com/jeffy $20 off annual plan right now ( limited time ) Headlines / RaceTrac buys Potbelly / Vimeo acquired by Bending Spoons / Chipotle opening in S Korea and Singapore… King Charles meets with Prince Harry in private… Australian posion lady sentenced to 33 years… D4vd has car found with dead body in it… Dallas Beheading… Jalen Carter fined for spitting on Dak… WNBA season ending tonight… RIP Charlie Kirk… Letter from my daughter… Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, we cover some of the biggest stories shaping markets this week. Oracle shocked investors with blowout guidance which led the stock to be up 40% and close to joining the trillion dollar market cap club. We also look at weak job numbers coming out for Canada and the US and what it means for investors. In the mining space, we discuss the proposed merger between Teck Resources and Anglo American. We finish the episode by talking about Lululemon’s rough quarter and weak guidance and how BRP may finally be turning things around. Tickers of stocks discussed: ORCL, META, NVDA, AMD, TECK, LULU, DOO.TO Check out our portfolio by going to Jointci.com Our Website Our New Youtube Channel! Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

Meridian Mining provides a corporate update following new drill results at the Santa Helena Deposit. CEO Gilbert Clark also walks listeners through a new understanding of a gold frontier via the Aguapei Formation.

Interview with Allen Sabet, CEO of Mogotes Metals Inc.Our previous interview: https://www.cruxinvestor.com/posts/mogotes-metals-tsxv-mog-explorer-targets-copper-gold-next-to-bhps-45b-acquisition-6947Recording date: 10th September 2025Mogotes Metals represents a compelling copper exploration opportunity positioned at the epicenter of Argentina's Vicuña district, home to the most significant copper discoveries of the past three decades. The company's strategic land package sits directly adjacent to Filo del Sol, representing the largest copper discovery in 30 years, within a district that has generated approximately billions worth of combined discovery value through neighboring properties controlled by industry giants BHP and Lundin Mining.The investment thesis centers on the geological principle that significant mineralization occurs in clusters, making Mogotes' position particularly attractive for investors seeking exposure to world-class copper potential. As CEO Allen Sabet noted, "The acorn doesn't fall from the oak tree is the saying that a lot of people say. And so we're looking for copper and gold in the place where two $4.5 billion discoveries have been made." This district concept provides validation for the company's exploration model while reducing typical exploration risks.Mogotes has distinguished itself through systematic preparation, investing C$20 million over three years in comprehensive technical work rather than rushing to speculative drilling. The company has completed extensive surface sampling programs across mountainous terrain, constructed 60 kilometers of access tracks, and employed cutting-edge 3D geophysical technologies to identify multiple high-priority targets. This methodical approach, combined with engagement of geologists who worked on adjacent successful projects, accelerates the learning curve and maximizes discovery probability.The company's financial position provides attractive leverage for investors, with $26 million in treasury against a $107 million market capitalization. This 4:1 leverage ratio ensures sufficient funding for the planned drilling campaign while avoiding near-term dilution concerns that typically plague junior exploration companies. The strong balance sheet reflects careful capital management during recent challenging market conditions for exploration equities.The upcoming drilling campaign, scheduled to commence in October 2025, will target both high-sulfidation epithermal systems prospective for gold and silver, as well as porphyry copper systems that could host large-scale copper-gold-molybdenum deposits. Target depths range from 300-700 meters, with many representing the first drilling in their history. The company benefits from favorable drilling conditions, including lower elevation access and absence of difficult-to-drill silica cap rocks that plagued neighboring operations.Industry validation comes through active engagement from major mining companies, with Sabet confirming that "mining companies that you would have heard of have spoken to us or are speaking to us at some point." This interest validates the technical merit of the project and suggests potential for strategic partnerships or acquisitions as the project advances.The macro environment supports copper exploration through unprecedented supply-demand imbalances driven by renewable energy infrastructure and electric vehicle adoption. Institutional interest is returning to the sector, with generalist funds allocating capital to copper and gold themes amid currency debasement concerns and supply constraints.Mogotes Metals offers investors a rare combination of strategic location, systematic technical preparation, strong financial positioning, and favorable market timing. The convergence of these factors, combined with limited market awareness due to the company's recent public listing, creates potential for significant revaluation as drilling results emerge and the story gains broader institutional recognition.View Mogotes Metals' company profile: https://www.cruxinvestor.com/companies/mogotes-metalsSign up for Crux Investor: https://cruxinvestor.com

Interview with Greg Bittar, Managing Director of Lotus ResourcesOur previous interview:Recording date: 10th September 2025Lotus Resources presents a compelling uranium investment opportunity as one of the few companies to successfully restart production in a supply-constrained market. The company has demonstrated operational excellence by bringing the Kayelekera mine in Malawi back online after a decade-long closure, targeting steady-state production of 2.4 million pounds annually by 2026.The investment thesis centers on strategic market positioning during a critical industry inflection point. As Managing Director Greg Bittar emphasized, "This is no longer a demand story. This is a supply story." Utilities globally face acute supply shortages while rebuilding inventories and securing long-term contracts, creating favorable conditions for new producers with operational capability.Lotus Resources has structured its production profile to maximize upside exposure while maintaining revenue stability. With 65% of production uncontracted, the company provides substantial leverage to uranium price appreciation, while 35% contracted volumes through 2029 ensure cash flow certainty. This balanced approach allows management to implement a patient inventory strategy, building working capital to capture anticipated price increases rather than immediately monetizing output at current market levels.The company's operational advantages distinguish it from competitors facing technical challenges. Hard rock mining operations at Kayelekera utilize proven metallurgy and established processing parameters, reducing technical risk compared to in-situ recovery methods experiencing industry-wide difficulties. The operation previously produced successfully until 2014, providing management with operational knowledge and historical performance data to optimize the restart process.Financial discipline characterizes the company's approach to capital allocation. The $50 million restart investment minimized dilution while maintaining operational flexibility through $40 million in deferred capital expenditures. These strategic deferrals, including power grid connection and acid plant reconstruction, create a clear pathway to $5-6 per pound cost reduction once commissioned, enhancing operational competitiveness and margin expansion.The development pipeline adds significant value through the Letlhakane project in Botswana, representing 115 million pounds of uranium resources grading 360-365 ppm. This larger-scale, longer-life asset can be funded through Kayelekera cash flows, providing growth optionality without additional dilution. The strategic timing aligns with anticipated supply shortfalls in the late 2020s and early 2030s, positioning the asset for optimal market entry.Geographic positioning in stable African jurisdictions provides operational and political advantages. Strong government support, demonstrated through presidential participation in reopening ceremonies, combined with 95% local employment and community engagement initiatives, creates sustainable operational frameworks. Established supply chains and regulatory environments in both Malawi and Botswana reduce execution risk compared to less developed mining jurisdictions.The macro environment strongly supports uranium producers with operational capability and strategic positioning. Chinese demand acceleration, Western utilities' need to replace Russian supply sources, and limited new mine development have created unprecedented supply constraints. Lotus Resources exemplifies the opportunity to capitalize on this transformation through immediate production capability, substantial price exposure, and development optionality.Risk considerations include inherent commodity price volatility, operational challenges associated with mining operations, and geopolitical factors affecting African mining jurisdictions. However, the company's proven operational capability, strategic market positioning, and financial flexibility create a compelling framework for uranium sector exposure during this critical market transformation.View Lotus Resources' company profile: https://www.cruxinvestor.com/companies/lotus-resources-limitedSign up for Crux Investor: https://cruxinvestor.com

Interview with Tyler Hill, Vice President of Geology, i-80 GoldOur previous interview: https://www.cruxinvestor.com/posts/i-80-gold-tsxiau-14m-oz-resource-base-targets-mid-tier-producer-status-7786Recording date: 9th September 2025i-80 Gold is systematically advancing five Northern Nevada gold projects toward production through extensive drilling campaigns and feasibility studies, with completion targets set for Q1 2026 and Q1 2027. The company operates three high-grade underground mines (Granite Creek, Cove, Ruby Hills) and two oxide open pit projects under a strategic hub-and-spoke processing model.The company has demonstrated significant commitment to resource definition through comprehensive drilling programs. At Cove, the flagship project, i-80 Gold completed 45,000 meters of drilling over two years, with feasibility study completion planned for Q1 2026. At Granite Creek, 14,000 meters of infill drilling on 50-meter spacing is planned for 2025, focused on converting inferred resources to measured and indicated categories. The Ruby Hills Archimedes Underground component will begin drilling later in 2025, continuing through 2026, with feasibility study completion targeted for Q1 2027.A key differentiator in i-80 Gold's strategy is the centralized processing hub utilizing existing infrastructure at Lone Tree. The facility features an autoclave processing system that handles refractory ores from the three underground mines, while heap leach pads remain at individual sites. This configuration reduces capital requirements for individual projects while creating operational synergies and cost efficiencies across the portfolio.Led by Vice President of Geology Tyler Hill, who brings over nine years of experience on the Cove project, the 15-person geology team leverages deep local expertise and established contractor relationships. The company utilizes contractor drilling services while maintaining in-house geological expertise at each site, providing operational flexibility and access to specialized capabilities.Beyond current development activities, i-80 Gold maintains significant brownfields exploration opportunities. Historical drilling across the sites was predominantly shallow, conducted during the 1980s, 1990s, and early 2000s when gold prices were substantially lower. Current gold price levels justify deeper exploration programs, potentially expanding resource bases across all projects. The company has developed robust geological models that have identified numerous brownfields targets for step-out exploration.i-80 Gold represents a focused precious metals development company with concentrated assets in Northern Nevada's prolific mining district. The geographic concentration provides access to established mining infrastructure, regulatory familiarity, and skilled labor pools while creating operational synergies through proximity. The sequential feasibility study releases, combined with potential resource expansions and exploration discoveries, create multiple value inflection points for investors seeking exposure to Nevada gold development.Learn more: https://www.cruxinvestor.com/companies/i-80-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Jeff Swinoga, President & CEO, Exploits Discovery Our previous interview: https://www.cruxinvestor.com/posts/inside-exploits-discoverys-csenfld-new-growth-strategy-4m-cash-680k-oz-gold-3-provinces-7217Recording date: 9th September 2025Exploits Discovery Corp. has completed a remarkable strategic repositioning that transforms the company from a resource-light Newfoundland explorer into a diversified Canadian gold company with substantial assets and compelling valuation metrics. The transformation positions the junior miner to capitalize on the current favorable gold price environment, with gold reaching $3,600 per ounce.The cornerstone of this transformation was the strategic sale of Newfoundland assets to New Found Gold for $7 million in upfront shares plus an additional $1.8 million upon delivery of remaining properties, along with a 1% net smelter return royalty. This transaction created immediate shareholder value while allowing management to focus on higher-potential assets.Most significantly, Exploits Discovery went from zero resources to controlling 680,000 ounces of gold across four high-quality properties in just four months. The flagship Hawkins property in Ontario hosts 300,000 ounces in the McKinnon zone within a 60-kilometer property package near Timmins. The property benefits from established infrastructure and was discovered by Don McKinnon, co-founder of the successful Hemlo gold mine.Complementing the Ontario resource base are three Quebec properties under option from Cartier Resources, offering exceptional high-grade exploration upside. The Fenton property has delivered impressive results including 356 grams per tonne gold over 6 meters, while the Wilson property features similar high-grade chimney-style mineralization.From a valuation perspective, the company presents a compelling opportunity with approximately $10-11 million in treasury value against a current market capitalization of just $9 million, creating an immediate discount to net asset value. Combined with $3.6 million in cash and backing from Eric Sprott's 14% shareholding, the company has substantial financial flexibility to pursue aggressive exploration without near-term dilution pressure.The systematic exploration approach across both jurisdictions, supported by an experienced technical team including property-specific experts, positions Exploits Discovery for multiple value creation catalysts in the favorable gold market environment.Learn more: https://www.cruxinvestor.com/companies/exploits-discoverySign up for Crux Investor: https://cruxinvestor.com

Interview with Claudia Tornquist, CEO & Chris Taylor, Chairman of Kodiak CopperOur previous interview: https://www.cruxinvestor.com/posts/kodiak-copper-tsxvkdk-maiden-resource-reveals-300m-tonnes-at-bc-copper-project-7337Recording date: 9th September 2025Kodiak Copper Corp is positioned for a significant catalyst with its maiden resource estimate due in Q4 2025, marking a crucial inflection point for the copper-gold porphyry explorer. Led by President and CEO Claudia Tornquist with Chairman Chris Taylor, the company has systematically consolidated a mining district in southern British Columbia through six years of disciplined exploration, completing 90,000 meters of drilling across seven mineralized zones.The initial resource phase, released in June 2025, delivered approximately 300 million tons at grades of 0.42% copper equivalent for indicated resources and 0.33% for inferred resources across four zones. The completion of the full maiden resource incorporating the remaining three zones will provide comprehensive visibility into the project's scale potential. Recent drilling has identified particularly attractive high-grade intersections near surface, including 27 meters at 1.62% copper, which could serve as starter pits for future mining operations.Management acknowledges the strategic reality of large-scale porphyry development, with Tornquist noting that "I don't think there's a single porphyry project that was developed by the junior who did the initial exploration. Very likely at some stage a major will take interest." This positions Kodiak as an acquisition target rather than an operator, typical for projects requiring substantial capital investment.The company trades at a significant valuation discount to comparable peers, with management identifying similar companies at $300-400 million market capitalizations representing five to six times Kodiak's current valuation. The dual copper-gold exposure provides additional value, particularly with gold representing 25% of project value and trading well above the $2,600 per ounce used in resource calculations.Beyond the flagship MPD project, Kodiak owns the undeveloped Mohave copper-molybdenum project in Arizona, providing portfolio optionality. With adequate financing from a recent Canaccord round and clear development milestones ahead, Kodiak offers leveraged exposure to the copper supply shortage while maintaining strong M&A potential.Learn more: https://www.cruxinvestor.com/companies/kodiak-copper-corpSign up for Crux Investor: https://cruxinvestor.com

Interview with Tara Christie, President and CEO of Banyan GoldOur previous interview: https://www.cruxinvestor.com/posts/banyan-gold-tsxvbyn-7moz-gold-project-getting-bigger-with-higher-grades-6661Recording date: 9th September 2025Banyan Gold Corp has successfully repositioned its AurMac project from a bulk tonnage operation into a high-grade gold deposit that's attracting serious institutional attention and potential acquisition interest. The Canadian gold explorer recently updated its mineral resource to 2.2 million ounces indicated and 5.4 million inferred, but the critical development lies in grade enhancement—4.55 million ounces at close to one gram per tonne represents a fundamental shift in the project's economic profile.President and CEO Tara Christie emphasized the transformation's significance: "Five million ounces plus one gram. And that's really what's driving our story right now is that high-grade core we're targeting with our drill program this year." This grade improvement reflects sophisticated geological modeling and a more lithologically constrained approach that has increased confidence in mineralization continuity.Recent drilling has uncovered exceptional high-grade zones, including intercepts of 539 grams per tonne at just 65 meters depth, demonstrating bonanza-grade potential within the broader deposit. The company has completed 28,000 meters across 130 drill holes this year, with only 20 results released, suggesting significant news flow ahead.The project benefits from exceptional infrastructure positioning, with existing road access and power lines on-site, significantly reducing development risk. This advantage has helped drive a complete transformation of Banyan's shareholder base, with over 112 million shares traded since June as institutional investors replace retail shareholders.Christie expects eventual acquisition given current market dynamics: "I think this will be mine one day…I expect somebody else will build it. That's the most likely scenario when you play the odds of this market with all the M&A and these gold prices." With current valuation below $30 per ounce compared to management's $100 target, Banyan appears positioned for significant rerating as institutional recognition grows.Learn more: https://www.cruxinvestor.com/companies/banyan-gold-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Scott Emerson, President & CEO, and Kieran Downes, Director of Kingsmen ResourcesRecording date: 5th September 2025Kingsmen Resources presents a compelling investment opportunity in Mexico's precious metals sector through its systematic consolidation of historic mining districts and disciplined approach to exploration financing. The company has assembled two significant projects in Chihuahua's renowned Parral district, targeting areas with established production history and modern expansion potential.The flagship Las Coloradas project centers on a mine that operated from 1944 to 1952, producing high-grade silver-lead-zinc mineralization averaging 600-800 grams per tonne. Through methodical claim assembly, Kingsmen has consolidated what was previously 15 separate claim blocks into a cohesive nine-square-mile package. Modern exploration has extended the original 300-meter strike length to 1.4 and 1.7 kilometers respectively, suggesting significant expansion potential beyond historic workings.Current operations focus on a 3,000-meter drilling program targeting 11-12 holes with depths ranging from 250 to 500 meters. The program tests continuation of mineralization along strike and below the historic water table, with results expected by September 2025. Technical work has identified strong pathfinder elements including arsenic, antimony, beryllium, and bismuth, while induced polarization surveys reveal extensive sulfide development across multiple rock types.The Almoloya project represents the company's second major consolidation success. Almoloya has attracted previous attention from major mining companies including Hecla, Anglo American, and Kennecott, though these operators worked individual claim blocks rather than the consolidated package now controlled by Kingsmen. This previous work generated approximately $3 million worth of historical data that Kingsmen acquired without associated exploration costs.Management maintains exceptional capital discipline with only 25 million shares outstanding, having completed all acquisitions through cash payments rather than equity dilution. The Las Coloradas acquisition totals $2.1 million over seven years with no net smelter return, while Almoloya requires $8 million over eight years with a 2% NSR. Both payment schedules feature minimal upfront costs, allowing systematic exploration without financial strain.Strategic positioning creates multiple value realization pathways. GoGold operates processing facilities just 40 kilometers from Las Coloradas, currently trucking tailings 10 miles to their heap leach facility. This proximity suggests potential synergies for toll processing or outright acquisition if Kingsmen demonstrates sufficient scale and grade. The company also holds a purchasable royalty on GoGold's Los Ricos North project for $1 million, providing additional leverage to regional consolidation trends.Under President Scott Emerson's leadership, the company benefits from extensive mining experience including the Jolu mine discovery in northern Saskatchewan and 18 years developing projects in Argentina with Mitsubishi funding. Technical expertise comes from Director Kieran Downes, formerly with Cameco's uranium and gold divisions, while local representation through third-generation mining family member Carlos Garza provides social license and operational knowledge.Management targets resource potential exceeding 200 million ounces across both projects, based on geological similarities to regional deposits that have operated for centuries. The systematic approach to previously unexplored-by-juniors territory, combined with strong technical data and favorable operational conditions, positions Kingsmen for potential significant value creation through successful exploration results while preserving equity value through disciplined capital allocation.View Kingsmen Resources' company profle: https://www.cruxinvestor.com/companies/kingsmen-resources-ltdSign up for Crux Investor: https://cruxinvestor.com

You may be missing the biggest bull market right now. Today we share how you can make sure you're a part of it. We talk market trends as we hit September, which has historical weakness for stocks and the tendency for markets to defy consensus expectations. Equities and commodities like oil and natural gas have been lackluster, gold has quietly entered a strong bull market, driven largely by central bank buying rather than retail investors. Investor psychology, price action, and historical cycles shape opportunities in gold and silver markets. We also talk about cultural and global perspectives, noting that Americans tend to favor stocks and dollars over gold. We discuss... September was noted as historically one of the weakest months for stocks, often followed by a rebound later in the year. Markets often defy consensus expectations, meaning heavy selling sentiment could set up a surprise rally. Gold has entered a strong bull market, driven by consistent central bank buying rather than retail investors. Silver has lagged behind gold but is positioned for a potential breakout as individual investors enter the market. Precious metals tend to move in cycles, with gold leading, then silver, followed by miners and junior miners. Mining stocks can outperform in bull markets but generally have poor business models and higher risks. Central banks' distrust of the financial system underpins their growing gold accumulation. Kirk emphasized that gold miners, though risky and often unprofitable, can deliver exponential upside in bull markets. Junior miners were described as the most volatile and speculative plays, offering high risk and high reward. Futures markets were highlighted as distorting bullion's true value and price signals. Central banks are steadily accumulating gold instead of treasuries, signaling waning trust in U.S. debt. U.S. bonds are losing their safe-haven status compared to previous cycles. Political uncertainty, including figures like Trump, adds to market unpredictability. Diversification was stressed as key, since risks are already embedded across today's financial markets.   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | Mergent College Advisors Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/the-biggest-bull-market-right-now-745 

We're back baby (fingers crossed) hope y'all are still out there!  The first story back is a personal one, because my dad was born up in this tiny mining community. I hope you enjoy this first episode back! I'lll up load pics to go along with the episode soon so be on the lookout for those on our social media, search Lore of the South and we should pop up. Thanks for listening!Thank you to Mrs Joyce at the Ducktown Basin Museum. You were a treasure and really put a personal touch on the whole tour. Hope you get some LotS, listeners to come and visit. Shoutouts! People who have really helped to bring me back to my story telling. My Cousin Grant, My Uncle Clint, the memory of my aunt, my friend Curtimus who told me it was a gift and I shouldn't waste it ( or something like that ).  My OG supporters, Elle, Ms Judy, Sydney and Chantel (I did that from memory I hope I spelled y'alls names okay) Rhonda. To anyone I missed, I do apologize. I almost forgot the link to the museum! https://ducktownbasinmuseum.comCitations(N.d.). Ducktown Mine in the copper basin. I can't find the booklet, but I'll include a link to the museum Daniels, K. (n.d.). Tennessee's Historic Copper Basin Area: an overview. Dulemba, E. O. (2019). A bird on Water Street. Little Pickle Press. Used to get descriptions of housing, gen living conditionFrye, H. (2017). Tennessee's Great Copper Basin. Arcadia Publishing Inc. Home: Ducktown basin museum. The Ducktown Basin Museym. (n.d.). https://ducktownbasinmuseum.com/ Support the show

And you thought summer was over... Well, Cloverhill Ranch is still open! For now! But, oh no! This is the last summer and then the camp closes for good! Charlie Brown and company in the new special on Apple TV+ "Snoopy Presents: A Summer Musical" are so devastated, they have to sing about it. And they do. A lot.  We break it all down in episode 145. We also look at This Month in Peanuts History, a Random Strip of the Month courtesy of author Andrew Farago, and say goodbye to one of our favorite podcast segments as we check out our final "Peanuts by Schulz" episode.  Thanks to Kevin McLeod at Incompetech.com for creative commons use of his songs "Mining by Moonlight", "Bass Walker", and "Hidden Agenda".  Thanks to Sean Courtney for the "This Month in Peanuts History" theme. Thanks to Nick Jones for the use of his song "25% Off". Thanks to Henry Pope for the use of his "Linus & Lucy" remix.  patreon.com Carnival of Glee Creations  All audio or images used here are the property of the respective copyright holders and are used here solely for entertainment purposes. No infringement is intended.

Interview with Chad Peters, President and CEO, Ridgeline MineralsOur previous interview: https://www.cruxinvestor.com/posts/ridgeline-minerals-tsxvrdg-major-backed-explorer-kicks-off-11m-drilling-7014Recording date: 9th September 2025Ridgeline Minerals Corporation has established itself as a compelling case study in modern mineral exploration through its innovative hybrid business model that addresses critical funding challenges facing junior mining companies. The Nevada-focused explorer combines traditional project ownership with strategic partnerships, creating significant leverage opportunities while minimizing dilution risks for shareholders.Under the leadership of President and CEO Chad Peters, Ridgeline operates what he describes as a "hybrid explorer" model, maintaining operational control over exploration activities while securing partner funding across multiple high-potential projects. This approach has enabled the company to deploy an unprecedented $11 million exploration budget in 2025, with only $1.5 million requiring direct company funding.The cornerstone of Ridgeline's strategy lies in its strategic partnerships with major mining companies. Nevada Gold Mines has committed $40 million across two earn-in agreements at the Swift and Blackridge projects, allowing them to earn up to 75% interest while Ridgeline retains 25% fully carried interests through to commercial production. Additionally, South32 Limited has committed $20 million at the Selena project for an 80% earn-in, with Ridgeline maintaining 20% carried interest and operational control that generates management fees.Recent exploration success validates this model's effectiveness. At Selena, drilling has intersected up to 1,200 grams silver equivalent over 6 meters in a carbonate replacement deposit setting, demonstrating significant discovery potential. The Swift project has produced encouraging results with intersections of 10 grams gold over 1.5 meters, confirming the presence of economic-grade mineralization on trend with established mining operations.The staggered timing of partnership agreements creates continuous value catalysts, with Swift entering its fourth year, Blackridge in year three, and Selena beginning year one of their respective earn-in phases. This structure provides multiple opportunities for discovery success while maintaining operational momentum across the portfolio. Peters emphasizes the strategic advantage: "We like the idea of spending other people's money to test some really deep targets on trend of known deposits."Learn more: https://www.cruxinvestor.com/companies/ridgeline-mineralsSign up for Crux Investor: https://cruxinvestor.com

Interview with Luis Azevedo, Chairman & CEO of Bravo Mining Corp.Our previous interview: https://www.cruxinvestor.com/posts/bravo-mining-tsxvbrvo-triple-growth-in-resources-accelerates-the-next-phases-for-luanga-project-6814Recording date: 9th September 2025Bravo Mining Company presents a compelling investment opportunity in the platinum group metals sector, combining tier-one asset quality with favorable market timing as global PGM fundamentals shift in favor of new producers. The company's flagship Luanga deposit in Brazil's Carajas region has emerged as one of the world's premier undeveloped PGM assets following dramatic resource expansion and robust preliminary economic assessment results.The investment thesis centers on exceptional asset quality, with Luanga's resource base expanding from 120 million tons grading 1.2 g/t to 236 million tons at 2.03 g/t over just two years. This positions the deposit among global tier-one PGM assets, capable of supporting 17 years of production at 500,000 ounces annually. The 8.1-kilometer strike length remains largely unexplored at depth, with over 40 drill holes indicating mineralization continuation beyond 400 meters, suggesting significant additional resource potential.Economic returns appear compelling across both development scenarios outlined in the preliminary assessment. The standard concentrate operation requires $495 million capital expenditure for $1.2 billion net present value, while the integrated approach adds $180 million investment to generate $1.8 billion NPV through direct metal production and sulfur byproduct sales. Production costs of approximately $700 per ounce against current $1,300 pricing provide substantial operational margins and flexibility.Brazil's mining-friendly jurisdiction delivers significant competitive advantages, particularly in the established Carajas region where Vale's infrastructure development provides immediate access to power, water, transportation, and skilled labor. This eliminates hundreds of millions in typical infrastructure capital expenditure while enabling an exceptional eight-month permitting timeline that contrasts favorably with increasing global regulatory challenges.Market timing appears optimal as PGM fundamentals improve following revised electric vehicle adoption forecasts. Chinese automakers, representing the world's largest car market, now project 50% conventional vehicles, 30% hybrids, and only 20% pure electric vehicles—a significant downward revision from earlier EV penetration expectations. This sustained conventional automotive demand occurs against constrained supply, with no major new PGM mines advancing through global development pipelines while South African producers face ongoing operational and regulatory challenges.Additional value creation opportunities exist through the company's IOCG exploration program, which has identified high-grade copper-gold potential including 6% copper and 1 gram per ton gold intersections at the T5 target. This creates potential spin-off possibilities while maintaining focus on core PGM development.Management's proven track record adds execution confidence, having previously built and sold a mine in the Carajas region for approximately $500 million. The team's regional experience, combined with disciplined capital allocation and strong balance sheet position, supports advancement through prefeasibility study completion by Q2 2026.The confluence of superior asset quality, compelling economics, infrastructure advantages, favorable jurisdiction, improving market fundamentals, and proven management creates a differentiated investment opportunity for investors seeking exposure to PGM market recovery while benefiting from Brazil's stable mining environment and established infrastructure base.View Bravo Mining's company profile: https://www.cruxinvestor.com/companies/bravo-mining Sign up for Crux Investor: https://cruxinvestor.com

Interview with Paul Huet, CEO & Oliver Turner, Corporate Development, Americas Gold & SilverOur previous interview: https://www.cruxinvestor.com/posts/americas-gold-silver-tsxusa-push-to-restore-historic-galena-mine-7106Recording date: 8th September 2025Americas Gold & Silver Corporation is experiencing a dramatic operational renaissance under CEO Paul Huet's leadership, successfully implementing longhole mining techniques at its century-old Galena mine in Idaho for the first time in two decades. This achievement represents the cornerstone of a comprehensive transformation strategy that has already delivered significant productivity improvements and positioned the company for substantial growth.The company has secured $100 million in debt financing to fund critical infrastructure upgrades, primarily focused on expanding shaft capacity from the current 700 tons per day to over 1,800 tons per day. This more than doubling of capacity addresses a fundamental bottleneck that has constrained operations for 20 years. The two-phase upgrade program is reportedly ahead of schedule, with completion expected by year-end, enabling access to higher-grade ore zones and more efficient waste management.A major value driver involves monetizing previously penalized metals through new offtake agreements beginning January 2026. Americas Gold & Silver operates the only producing antimony mine in the United States, positioning it uniquely following China's export restrictions in late 2024. Historical data reveals the magnitude of this opportunity: over 20 years, Galena produced nearly 20 million pounds of antimony that generated penalties rather than payments, representing approximately $500 million in foregone value at current prices.Galena mine operates with exceptionally high silver grades, mining over 400 grams per ton in a global market where fewer than five operations achieve similar grades. Recent exploration results have identified zones with grades significantly higher than current mining areas, including intercepts of 24,913 grams per ton, demonstrating substantial upside potential through selective mining techniques.The company has undergone significant restructuring, with institutional ownership increasing from 7% to 63% since management's takeover. A 2.5-to-1 share consolidation improved market accessibility, while inclusion in major silver ETFs created additional institutional demand. Management targets crossing 2 million silver ounces annually from current levels of 1.3-1.4 million, with long-term potential to restore Galena's former 5+ million ounce capacity. The strategic focus on operational excellence over speculative expansion creates multiple value drivers converging toward significant cash flow generation at current commodity prices.Learn more: https://www.cruxinvestor.com/companies/americas-gold-silver-corporationSign up for Crux Investor: https://cruxinvestor.com

Interview with Jason Jessup, CEO, Magna MiningOur previous interview: https://www.cruxinvestor.com/posts/magna-mining-tsxvnicu-delivers-strong-first-month-operation-with-790000-lbs-cueq-production-7237Recording date: 8th September 2025Magna Mining has positioned itself as a standout opportunity in the junior mining sector following a successful $45 million financing and exceptional drilling results at its Levack mine in Ontario's Sudbury district. The company's recent exploration success has uncovered grades of 29% copper and 53 grams per tonne of precious metals, mirroring characteristics of the historic Morrison deposit that previously drove FNX Mining's share price from $3.50 to $39 per share.CEO Jason Jessup brings unique credibility to the opportunity, having previously operated these exact assets at FNX Mining where he managed successful development of the Morrison deposit. His intimate knowledge of the geology and proven operational track record provides investors with management expertise rarely found in junior mining companies.The company's competitive advantage lies in existing infrastructure that dramatically compresses typical development timelines. Unlike grassroots discoveries requiring years of permitting and infrastructure development, Magna inherited fully operational underground access extending to 5,000 feet depth, active permits, and established processing agreements with Vale. This infrastructure eliminates the need for feasibility studies and major capital loans while enabling potential production within 12-24 months of resource definition.The polymetallic nature of the deposits provides diversified commodity exposure across copper, gold, platinum, palladium, nickel, cobalt, and silver. Historical operations at Morrison demonstrated exceptional economics, with mining costs of approximately $140 per tonne generating net smelter returns of $1,200 per tonne.Current drilling programs utilize three simultaneous rigs targeting "trunk veins" that historically provided the most economic mineralization. Management expects continuous news flow through 2025-26, with resource estimates anticipated by next year-end. The combination of proven management, exceptional grades, existing infrastructure, and strong financing positions Magna for significant value creation in the current favorable commodity environment.Learn more: https://www.cruxinvestor.com/companies/magna-miningSign up for Crux Investor: https://cruxinvestor.com

Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-meet-the-team-marcus-brewster-7879Recording date: 9th September 2025Serabi Gold presents a compelling investment opportunity in the specialized Brazilian underground gold mining sector, combining exceptional recent performance with ambitious yet achievable growth targets. The London-listed company has delivered remarkable returns to shareholders, with its share price surging from approximately £0.60 to £2.40 over the past year, representing nearly 300% appreciation as management successfully executes operational improvements in a favorable gold market environment.The company operates as Brazil's premier underground gold mining specialist, holding a dominant position in a market with only 31 underground mines nationwide. This unique positioning provides significant competitive advantages in a country historically dominated by large-scale open-pit operations, creating natural barriers to entry and limited competition for high-grade underground deposits.Serabi's current operations center on maximizing output from existing facilities through intelligent technological implementation. The company employs ore sorting technology to enhance feed grades entering its processing plant, which operates at 600-650 tons per day capacity. This optimization strategy enables production of approximately 60,000 ounces annually from existing infrastructure without requiring major capital investment.The growth strategy focuses on expanding annual production to exceed 100,000 ounces by end-2028, representing a 67% increase from current levels. This ambitious target relies on aggressive resource development across two primary deposits, supported by the most extensive drilling program in the company's recent history. Management plans 30,000-40,000 meters of drilling annually, targeting resource growth from the current 1 million ounces to at least 1.5 million ounces by 2026.Recent drilling results validate management's optimistic outlook, with positive exploration results at the Coringa deposit driving a 7% single-day share price increase. The deposit presents significant untapped potential with extensive strike length and gap-filling opportunities that management describes as largely undrilled despite years of operation.Financial transformation represents a key investment attraction. Serabi has transitioned from capital constraints to strong cash flow generation, enabling self-funded growth without dilutive equity raises. The favorable gold price environment, combined with beneficial Brazilian real exchange rate movements, creates powerful economic tailwinds that enhance cash flow generation from Brazilian operations when translated to reporting currency.Management maintains disciplined capital allocation, balancing growth investment with potential shareholder returns. The company has committed to evaluating capital returns following 2025 financial results, expected in Q1 2026, providing investors with a clear timeline for potential distributions.The shareholder base has evolved significantly, with successful diversification from primarily retail investors to include smaller London institutions through a secondary offering in April at £1.35 per share. These institutional investors have benefited from subsequent appreciation, improving market credibility and liquidity. Daily trading volumes have increased from 500-1,000 shares to 1 million shares, facilitating better price discovery and institutional access.Investment risks include Brazilian political and regulatory environment changes, currency exposure, and exploration risk inherent in resource development. However, the company's long operational history provides valuable local expertise, while dual currency exposure can provide natural hedging benefits.Serabi Gold offers investors exposure to specialized gold production with significant growth optionality, operational excellence, and management committed to disciplined capital allocation in a favorable market environment.View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com

Interview with Terry Lynch, CEO of Power Metallic MinesOur previous interview: https://www.cruxinvestor.com/posts/power-metallics-tsxvpnpn-breakthrough-drill-hits-may-reinforce-nisks-world-class-trajectory-7232Recording date: 9th September 2025Power Metallic Mines presents a compelling investment opportunity in the critical minerals sector, having delivered exceptional performance while developing one of the world's highest-grade polymetallic discoveries. The company achieved recognition as Canada's top-performing mining stock over the past year, with shares tripling in value during a challenging market environment that saw broader mining sector sentiment remain subdued.The company's flagship NISK project in Quebec represents a world-class discovery containing nickel, copper, platinum group elements, gold, and silver. This polymetallic asset belongs to the elite category of orthomagmatic deposits, with only 20 such discoveries identified globally throughout history. These deposits are characterized by exceptional profitability and long mine lives, with examples like Norilsk representing some of the world's most valuable mining operations.Power Metallic recently completed a strategic 350% expansion of its land package through acquisition of claims from Li-FT during market volatility. This expansion now encompasses seven of eight primary targets identified through systematic exploration, positioning the company in a geological setting that management believes could support multiple world-class deposits comparable to Sudbury's historic 33-mine district.The company distinguishes itself through implementation of cutting-edge exploration technologies, achieving a remarkable 100% success rate with borehole electromagnetic surveys in identifying sulfide bodies within 150-meter radius of drill holes. This technological advantage provides significant cost savings and drilling efficiency, allowing the company to identify additional targets after completing initial drill programs.Power Metallic currently operates one of the most aggressive drilling campaigns in the junior mining sector, with four rigs active and plans to expand to six rigs. The company has completed over 20,000 meters of drilling with expectations to reach 24,000 meters by September 15th. This scale reflects management confidence in geological targets and the quality of discoveries achieved through advanced exploration techniques.Current analyst estimates suggest the resource base contains 300,000-500,000 tons of contained metals, while management expresses confidence in reaching one million tons with potential for further expansion. CEO Terry Lynch stated: "Do we think we're going to get to a million? 100%. Do we think we're going to grow beyond that? Certainly looks likely." This confidence stems from understanding of orthomagmatic deposit characteristics and metal ratios within current discoveries.The company is implementing a sophisticated capital markets strategy, planning to list on New York exchanges in October to access broader institutional investor bases and improved liquidity. Additionally, Power Metallic is pursuing international diversification through Power Metallic Arabia subsidiary, partnering with Saudi family offices managing $50-110 billion in assets on exploration projects benefiting from government grant programs covering 50% of initial costs.The investment thesis centers on exceptional resource quality with grades supporting rapid payback periods, proven management execution, strategic market timing with current undervaluation, and technology-driven exploration providing cost-effective resource expansion. The polymetallic nature provides natural diversification across nickel, copper, precious metals, and platinum group elements, positioning the company to benefit from electrification trends and critical minerals demand.Power Metallic represents exposure to essential battery metals during global supply shortages, supported by government initiatives recognizing critical minerals as essential to national security and economic competitiveness.View Power Metallic's company profile: https://www.cruxinvestor.com/companies/power-metallicSign up for Crux Investor: https://cruxinvestor.com

Interview with Victor Cantore, President & CEO of Amex Exploration Inc.Our previous interview: https://www.cruxinvestor.com/posts/amex-exploration-tsxvamx-resource-boost-sets-stage-for-near-term-production-new-pea-imminent-7186Recording date: 9th September 2025Amex Exploration represents a rare opportunity in the gold mining sector, combining exceptional resource quality with strategic execution to create a compelling near-term production story. Under CEO Victor Cantore's leadership, the company has successfully transitioned from pure exploration to a development-stage opportunity with clear pathways to cash flow generation and minimal traditional mining risks.The investment case centers on the world-class Champagne Zone, containing 831,000 ounces of measured and indicated resources grading 16.2 grams per ton. This extraordinary grade represents more than eight times the quality of typical modern gold operations, translating directly into superior project economics with a pre-tax payback period of just 2.5 months. The resource quality eliminates the need for additional definition drilling, allowing management to proceed directly to feasibility study and development.Strategic location advantages differentiate Amex from typical mining developments. Situated 5-6 km from Normétal, Quebec, the project benefits from established hydroelectric power infrastructure, local workforce availability, and proximity to existing mining operations. This eliminates expensive fly-in, fly-out operations and construction of worker accommodation facilities, with local employees able to return home daily. The infrastructure advantages significantly reduce both capital requirements and operational complexity.Management's phased development strategy demonstrates capital discipline while maximizing early cash flow generation. The initial toll milling approach requires only $146 million in upfront capital, avoiding the complexities of mill construction and tailings management facilities. This phase is designed to operate for four years, with generated cash flows self-funding construction of an on-site processing facility by 2031-2032. The toll milling approach also simplifies permitting processes, with feasibility study completion expected within six months rather than typical longer timelines.Market validation comes through significant institutional backing from established mining industry participants. Eldorado Gold has nearly doubled its position from 9% to 17% ownership, while respected resource investor Eric Sprott maintains approximately 10.5%. This institutional support provides both financial resources and strategic validation of the project's technical and economic merits.Beyond immediate production potential, Amex maintains substantial exploration upside. The company has expanded its land package from 45.6 to 197 square kilometers, with current reserves supporting a 17.5-year mine life and strong production scheduled for the decade. All mineralized zones remain open along strike and at depth, providing opportunities for resource expansion and mine life extension.The investment opportunity aligns favorably with current gold market dynamics. With production targeted for 2028, Amex is positioned to enter production during continued strong precious metals pricing driven by monetary policy uncertainty, geopolitical tensions, and central bank purchasing. The combination of rapid payback economics and high-grade ore provides significant downside protection against commodity price volatility.Amex Exploration offers investors exposure to exceptional resource quality, strategic infrastructure advantages, and disciplined development execution. The company's ability to demonstrate industry-leading economics while maintaining exploration upside creates a unique investment profile addressing both near-term production cash flows and long-term growth potential in a supply-constrained gold market.View Amex Exploration's company profile: https://www.cruxinvestor.com/companies/amex-explorationSign up for Crux Investor: https://cruxinvestor.com

You may not realize it, but that bitcoin ATM at your corner store is probably bringing in some serious cash. Get the headlines that matter, right when they hit the wire: Join our Telegram group for market moving news on top Bitcoin equities like $MSTR, $MARA, $RIOT, $CLSK, and more:  https://t.me/blockspacenews Welcome back to The Mining Pod! Today, Brandon Mintz, CEO of Bitcoin Depot joins Colin to talk about building the largest Bitcoin ATM network in North America with 9,000+ machines. They discuss how the Bitcoin ATM business model works, why someone would buy bitcoin from an ATM rather than an exchange, why Bitcoin ATMs tend to have premiums, and what areas the company may explore for expansion. Subscribe to our newsletter!  **Notes:** • Bitcoin Depot has 9,000+ ATMs across 3 countries • Q2 revenue up 6% YoY to $172.1M • 15% of US transactions still use cash • 1,700 ATMs ready for deployment Timestamps: 00:00 Start 03:16 Founding Bitcoin Depot 05:58 The first BTC ATM? 07:14 Current revenue growth 09:52 Establishing an ATM location 11:54 Deciding ATM locations 16:01 Profit sharing w/ locations 17:33 Convincing locations 19:31 Are ATMs not price sensitive? 22:21 Operating expenses 23:26 ATM user profile 25:45 Price premium 28:59 Revenue valuation 31:46 Expansion 32:27 European market 32:59 Treasury strategy 35:20 Treasury company frothy market 36:57 Regulation changes

✅ Week 2 Buy-Low Mining: Ashton Jeanty WINS leagues

Paul Fowler of Magna Mining joins the Beaver Creek coverage for a discussion on the recent financing announced by the company which will push the development and potential re-start decision for the Levack Mine. Paul also opens up about the ideas for even more M&A for the company.

Stephen Grootes speaks to Miningmx Editor, David McKay, and Dawid Heyl, co-portfolio manager for Global Natural Resources at Ninety One, about the landmark merger between Anglo American and Teck. The deal, structured as a merger of equals, will create a global mining powerhouse with a dominant position in critical minerals vital for the energy transition. In other interviews, Sifiso Mkwanazi, Chief Economist at Alexforbes, chats about South Africa’s sluggish economy, after Stats SA reported 0.8% growth in the second quarter of 2025, the strongest in over a year and well above the 0.1% seen in the first quarter, driven by mining, manufacturing and household spending, though overall growth remains uneven, with GDP up just 0.6% year-on-year. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Block is most well known for its point of sale hardware. But now they are gunning for the bitcoin mining market. Welcome back to The Mining Pod! On today's bonus edition, Perry Hothi from Block joins us to talk about Proto's new ASIC miner, Rig. We dive deep into the technical specs, modular hashboard design, open-source mining software, and how Block plans to compete in a hardware market dominated by Bitmain. Perry explains Rig's data center-inspired features and Block's broader Bitcoin ecosystem strategy. Notes: • 14.1 joules per hash efficiency rating • 12kW power consumption per unit • 96-124 chips per configuration • Swappable hashboard design • Single phase power that helps balance all three phases • Two fans per three hash boards design Timestamps: 00:00 Start 01:31 Specs: Jules per Terahash 05:18 Form Factor 12:03 Colorado Air Filter 13:05 Hashboard Swapping 17:28 Under clocking (operating range) 18:54 Block ecosystem 21:22 Competitors 23:42 Cleanspark 24:11 Next Gen

In this episode of Mining Stock Education, host Bill Powers is joined by Jeff Phillips, a highly successful junior mining speculator and activist investor. Jeff shares his journey from entering the resource market in the 90s to his current role as a strategic consultant. He discusses the importance of understanding the speculative nature of junior mining stocks, key factors he looks for in investments like management ownership and share structure, and his multi-bagger formula for achieving massive returns. Jeff also highlights his experiences with notable companies and offers practical advice for navigating the junior resource sector. 00:00 Intro 00:28 Meet Jeff Phillips: A Successful Junior Mining Speculator 00:56 Jeff's Early Days in Resource Investing 01:29 The Bull Market and Learning Curves 02:11 Transition to Corporate Communications 03:20 Success in Oil and Gas Investments 04:41 Re-entering the Resource Market 05:52 Speculating vs. Investing in Junior Resources 06:49 The Thrill of Speculation and Key Success Factors 08:40 Importance of Share Structure and Management 14:27 The Role of Warrants and Shareholder Support 16:04 Consulting and Due Diligence in Early-Stage Projects 18:08 Investment Opportunities with Bob Dickinson 19:22 Exit Strategies and Market Dynamics 20:21 Success Stories in Lithium and Rare Earths 24:59 The Future of Natural Resources 27:32 Navigating the Junior Resource Sector 32:30 Concluding Thoughts and Advice Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/