Podcasts about tsx

  The  Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. Today, I talk about other great companies from the TSX 60 based on your comments! It's all about Dividend growth investing! Subscribe to the best free dividend investing newsletter: https://thedividendguyblog.com/newsletter Get the 20 income products guide for retirees: https://retirementloop.ca/income/

The  Moose on The Loose helps Canadians to invest with more conviction so they can enjoy their retirement. Today, I talk about my top 5 Canadian stocks from the TSX 60: National Bank (NA) Fortis (FTS) Dollarama (DOL) Royal Bank (RY) Alimentation Couche-Tard (ATD) It's all about Dividend growth investing! Subscribe to the best free dividend investing newsletter: https://thedividendguyblog.com/newsletter Get the 20 income products guide for retirees: https://retirementloop.ca/income/

David D'Onofrio, CEO and Director of  White Gold Corp. (TSX.V: WGO) (OTCQX: WHGOF) (FRA: 29W) joins me for comprehensive overview of its 3 million ounces of gold across 4 near-surface deposits, and the commencement of its fully-funded 2026 exploration program.  This will be their largest ever drill program, consisting of 20,000 meters across its district-scale land package in the emerging White Gold District in Yukon, Canada. We also discuss the upcoming value drivers of a Preliminary Economic Assessment in a few months, as well as the spin-out of their critical minerals properties into W2 Critical Minerals Corp.   We start off with the backstory and journey of how their 21 properties were assembled under Shawn Ryan's geological prowess, searching for the source of all the placer gold in the Yukon. The company has drilled around 90,000 meters to date, delineating over 3 million ounces of gold in 4 main resource areas comprised of the Golden Saddle, Arc, Ryan's Surprise, and VG deposits.   The primary objectives of this year's drill program with will be resource growth and expansion testing areas adjacent and in close proximity to the Company's known four gold deposits, both along strike and down-dip. In addition to resource growth, a portion of the exploration program will be focused on further advancing discovery-stage targets, as well as towards evaluating high priority early-stage prospects for discovery potential. The program is fully funded and supported by their strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Power One.   The Company is also continuing to advance its maiden Preliminary Economic Assessment (PEA),  on the White Gold Project, which is expected to be released in the next few months. Additionally, things are moving forward with the spin-out of its critical mineral properties into a dedicated standalone vehicle, We also discuss the upcoming value drivers of a Preliminary Economic Assessment in a few months, as well as the spin-out of their critical minerals properties into W2 Critical Minerals Corp., which current White Gold shareholders will get shares in.   David shares the background of a few team members and technical advisors, as well as his background as an executive with the PowerOne Group; where he developed a depth of knowledge in representing, advising, and assisting emerging companies in accessing capital, advising on mergers and acquisitions and managing their businesses.     If you have any follow up questions for David regarding White Gold, then please email those to me at  Shad@kereport.com.     Click here to follow the latest news from White Gold Corp   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

Mithril Silver and Gold has released new drill results from Target 1 at the Copalquin gold-silver project in Durango, Mexico. New drill results are also out from Camino Minerals, Ero Copper and NorthIsle Copper and Gold. Hemlo Mining to be updated to the TSX next week.This episode of Mining Stock Daily is brought to you by... ⁠⁠⁠⁠⁠⁠⁠⁠Revival Gold ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Equinox Gold⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Integra Resources ⁠⁠⁠⁠⁠

Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-mining-tsxvscz-undervalued-investment-series-with-arturo-prestamo-10185Recording date: 9th June 2026Santacruz Silver Mining entered 2026 with improving operations, rising financial strength, and a clearer path to growth across its Bolivian and Mexican assets. In the first quarter, the company produced about 2.3 million silver-equivalent ounces, including 1.3 million ounces of silver and roughly 21,000 tonnes of zinc, alongside smaller lead and copper output. Stronger silver prices and better operating performance helped drive a solid financial quarter, with management expecting production to rise further in the second quarter.The company's most important near-term focus is the Bolivar mine in Bolivia, where excess water in key mining zones has limited access to high-grade silver areas. Santacruz is carrying out a dewatering program to restore output from the Pomabamba and Nena veins, with a goal of returning to budgeted production levels by the fourth quarter of 2026. Management believes this recovery will not only lift silver volumes but also lower mining costs at one of its most important assets.Despite more than a month of political unrest in Bolivia tied to tensions between President Luis Arce and former President Evo Morales, Santacruz says its operations have remained on budget and uninterrupted. The company has reduced risk by storing key supplies in advance and using rail for most concentrate shipments, limiting exposure to road blockages.Santacruz is also positioning itself for the next phase of growth. It expects to move from the TSX Venture Exchange to the TSX main board within weeks, a step intended to improve liquidity and attract a broader investor base. Management also plans to launch a share buyback, signaling confidence that the market undervalues the business. Beyond Bolivar, the company is advancing Soracaya, a brownfield Bolivian asset with a strong silver profile, as its main medium-term growth project in a silver market supported by persistent supply deficits.View Santacruz Silver Mining's company profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com

  On this Weekend Show we unpack the stark divergence between all-time high stock indices, the reality of a fragile, bifurcated US economy, and portfolio...

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Great Atlantic Resources Corp. (TSXV: GR)Great Atlantic Resources reports geophysical results from its Mount Raymond Property in New Brunswick, where partner Slam Exploration completed a VTEM airborne survey identifying 21 electromagnetic conductors for copper-nickel-cobalt targets. These plate models range from 30 to 320 metres in depth and represent potential extensions to known mineralization zones. For investors, this survey directly generates targets for Slam Exploration's upcoming 2026 diamond drilling program on this critical metals property.New Age Metals Inc. (TSX.V: NAM) (OTCQB: NMTLF) (FSE: P7J)New Age Metals has regained 100% ownership of its Manitoba Lithium-Cesium-Tantalum Portfolio after the MinRes farm-in agreement expired on May 27, 2026. MinRes will pay NAM CAD$135,426 in exchange for a 2% revenue royalty, which NAM can repurchase 1% of for CAD$1,500,000 within four years. With full ownership restored, NAM has greater flexibility to advance drill-ready targets in the Winnipeg River Pegmatite Field as critical metal demand grows.Silver Acadia Exploration Inc. (CSE: SLA)Silver Acadia reported high-grade silver intercepts from its Nicholas-Denys Property in New Brunswick's Bathurst Mining Camp, highlighted by 24.8 metres at 328.9 g/t silver and 1.0 g/t gold in hole ND26-005, including 5.6 metres at 1,044.6 g/t silver equivalent. These near-surface results from the Hachey Zone confirm grade continuity along a mineralized trend exceeding 3 kilometres. With 12 additional drill holes pending assay, investors may see further high-grade intercepts that strengthen the district-scale potential of this silver-rich system.LibertyStream Infrastructure Partners Inc. (TSXV: LIB) (OTCQB: VLTLF) (FSE: I2D)LibertyStream has delivered its first tonne of lithium carbonate to a U.S. industrial customer from its DLE facility at Select Water Solutions' site in Howard County, Texas. This milestone advances the company from site deployment into active customer delivery, validating its proprietary oilfield brine extraction technology. The company is targeting annualized production capacity of 1,000 tonnes of lithium carbonate by end of 2026, a significant commercial scale-up that supports its North American lithium production thesis.Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0)Gunnison Copper closed a C$34.5 million oversubscribed bought deal public offering at C$0.42 per share, including the full exercise of the over-allotment option, led by Canaccord Genuity with Paradigm Capital, Ventum Financial, and CIBC Capital Markets. The proceeds will advance the Gunnison Copper Project in Arizona's Cochise Mining District, which controls 12 known deposits within an 8-kilometre radius. The oversubscription signals strong institutional confidence in Gunnison's copper development pipeline.Bottom Line: Today's news highlights active capital formation and exploration advancement across North America's critical minerals sector, spanning copper, lithium, and silver with near-surface high-grade results and commercial production milestones.

This episode we are joined by Mr. Cody Church - CEO of Clear North Capital, co-founder of TriWest Capital & board member of Strathcona Resources - a TSX listed energy company with a market cap of ~$10 billion. With a career spanning more than 25 years, Cody began his profession in 1993 as an Analyst for the Leveraged Finance Group of CS First Boston where he worked with financial buyers in areas of acquisition and divestiture, high-yield bonds, IPOs and re-financings. In 1995 Cody joined, New York-based private equity firm, EXOR America as an Associate. He was responsible for evaluating and analyzing market trends, currency forecasts and private equity investment opportunities. Having established a solid reputation for excellence in financing, structuring, and deal execution, Cody returned home to Calgary, Alberta and co-founded TriWest Capital Partners in 1997. As Senior Managing Director, he provided critical leadership for the overall development of the firm, served on over 20 portfolio company Boards and was instrumental in establishing the largest general buyout fund in Western Canada with five funds and over $1.25 billion in equity capital raised. Having assisted in growing TriWest into one of Canada's leading private equity groups, Cody retired from the firm in 2018 to form Clear North Capital where he could directly focus his efforts on creating value through operational excellence for lower mid-market private Canadian companies. In addition, Cody has served on the following public Boards; Chairman of Edgefront REIT (now called Nexus REIT), Chairman of Source Energy Services, Bellatrix Resources (July 2019 – current) and Westleaf Inc. (July 2019 to current) as well as is the current Chairman of POI Business Solutions based in Markham, Ontario. Cody graduated cum laude with a Bachelor of Economics from Harvard University. He also received the distinct honor of being recognized as one of Canada's Top 40 Under 40 in 2010. Committed to giving back by sharing his extensive experience and industry insight, Cody has volunteered and served on additional boards that includes Board of Governors of the University of Calgary, Board member of Parks Calgary and The Ranchmen's Club along with Co-Chair of the Alberta Children's Wish Board. Previously Cody served on the Boards of the Calgary Stampede Foundation, AGC Calgary Board, CVCA Annual Meeting Organization Committee and is a repeated Guest Lecturer for the Corporate Finance faculty at the University of Calgary. Among other things we learned about From Harvard to Calgary: 30 Years in Private Equity.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsWarren ValveBunch Projects-*This podcast is for informational and educational purposes only, and is not intended as investment advice. Please do your own research, and consult professionals directly before making any investment decisions.Support the show

In this episode, we break down the latest CPP Investments annual report and why comparing CPP’s returns directly to the S&P 500 or TSX misses the mark. We discuss CPP’s 7.8% fiscal-year return, its heavy exposure to private equity, real assets and credit, and whether the high fees and complexity are justified over the long run. We also look at five Canadian stocks that could fit a “buy it, lock it away, and don’t touch it for 10 years” mindset. From railways and waste collection to royalty companies, grocers, and energy producers, we discuss which businesses may have the durability, moats, and cash flow profiles to survive and compound through different market environments. Tickers of Stock discussed: WCN.TO, FNV.TO, WPM.TO, CP.TO, CNR.TO, L.TO, CNQ.TO, ENB.TO, DOL.TO, RY.TO, BNS.TO, BAM.TO, BN.TO, CSU.TO, TRI.TO, META, NVDA, GOOGL, AAPL, MSFT, AMZN, TSM, AVGO, TSLA Subscribe to our Our New Youtube Channel! 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.

Arturo Préstamo Elizondo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (TSX.V: SCZ) (NASDAQ: SCZM) (FSE: 1SZ), joins me for an exclusive visual review of the Q1 2026 financial and operational results across their portfolio of 4 producing silver-zinc mines and ore feed sourcing business in Bolivia and Mexico. We also review a few of the key growth initiatives that the company has slated for 2026 across multiple projects.    Q1 2026 Highlights   Revenues of $127.5 million, an 81% increase year-over-year. Gross profit of $42.9 million, a 54% increase year-over-year. Net income of $28.5 million, a 201% increase year-over-year. Adjusted EBITDA of $42.6 million, a 55% increase year-over-year. Cash and highly-liquid marketable securities of $64.9 million, a 100% increase year-over-year. Working capital of $75.9 million, a 47% increase year-over-year. Average realized price per silver ounce sold of $63.30, a 128% increase year-over-year. AISC per silver ounce sold of $31.60, a 76% increase year-over-year. Realized mining margin per silver ounce sold of $31.70, a 221% increase year-over-year. Average realized price per zinc tonne sold of $3,116, a 12% increase year-over year. AISC per zinc tonne sold of $2,729, a 32% increase year-over-year.   When discussing the financial strength of the company, Arturo also highlighted that after paying $31.5 million in taxes during this first quarter, that the company ended Q1 2026 with a healthy cash and highly liquid marketable securities position of $64.9 million, providing Santacruz with the financial flexibility to continue funding operational improvements while maintaining a strong treasury position.   At the Bolivar Mine, the recovery of the areas affected by the May 2025 localized water inflow event continues to advance; with work focused on restoring production while maintaining operating discipline. The Company continues to expect Bolivar's full recovery by Q4 2026, with the dewatering program progressing ahead of plan, and now accessing again the high-grade silver veins –  Pomabamba and Nané.   The Porco Mine remains a smaller but solid contributor, and it is strategically located in the important Potosi district.   Arturo mentions that their 1,200 tonne per day plant also assists with processing ore from the San Lucas business unit.   Next we moved over to the Caballo Blanco Group of mines, which is the lowest cost and thus highest efficiency of their operations.  Colquechaquita and Tres Amigos are the 2 producing mines, but Arturo mentioned that the Company has now brought Esperanza Mine back into production during Q1, and that it should be a profitable smaller zinc-forward mine in this Caballo Blanco complex moving forward.   Their Zimapán Mine in Mexico is their highest-volume operation and will be another area of continued growth for Santacruz Silver in 2026. The capital already invested in Zimapan into plant equipment and improving mine efficiencies will allow for more throughput, accessing higher grade areas, and improving metals recoveries.   The operations team gained access to the high-grade 960 Level of the Zimpan Mine at the end of Q4, and already demonstrated to be a more significant contributing area of production in Q1 2026 and looking forward.   San Lucas is a margin-based ore sourcing and processing business that supports plant utilization, fixed-cost absorption and operating flexibility.   San Lucas now includes ore blended from the Reserva Mine, (previously part of the Caballo Blanco complex), and may be further enhanced in the future if a dedicated processing center is acquired.   Arturo points out that since this is a “margin business” it will always be profitable, but that it will naturally see higher costs in parallel with moves higher in silver prices, and thus the higher amount needed to be paid to the small regional miners that bring in their ore to sell to San Lucas. The Company has introduced an enhanced reporting framework which provides a more complete basis for investors to assess production, costs, margins and cash generation across all business units.   The operations team is advancing their silver-dominant Soracaya mine towards development and near-term production. There is already a decline ramp into this project with initial stope access in 2 areas, and the plan once the permit is received in Q3 is to get this mine into initial ramp-up production by Q4 of 2026.    Wrapping up we discussed the potential for future accretive acquisitions in the Americas.  The board and management team are open to a currently producing mine or development-stage underground mining assets, but only if the acquisition would be accretive for shareholders and if their team can unlock value in these acquired assets.   * To view the visual presentation on YouTube click below: https://youtu.be/SCKzJarK0TQ   If you have any follow up questions for Arturo regarding Santacruz Silver, then please email those to me Shad@kereport.com.   In full disclosure, Shad is a shareholder of Santacruz Silver at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Santacruz Silver   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins me to review the key takeaways from both the Commodities Global Expo Conferences we just attended in Washington D.C. and Fort Lauderdale. He also highlights the value proposition that has his attention from 4 of the gold and silver developers which he met with at the conferences, that have put out compelling news in the recent past and that have key growth catalysts on tap in the medium-term.   The companies we discussed in the interview are:   Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) - On May 5, 2026, the Company announced the results of a positive Preliminary Economic Assessment (PEA) for its 100%-owned Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand. The PEA — prepared in accordance with NI 43-101 disclosure standards and effective April 25, 2026 — highlights the potential for robust economics from a high-grade, shallow underground starter mine, supported by access to established Reefton infrastructure for efficient transporting to port.   Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) – On May 27, 2026, the Company provided a market update on operational activities at its 100%-owned Mallay silver-lead-zinc mine in central Peru. Mill ready for pre-commissioning. All critical refurbishment and wet commissioning milestones completed; bulk-sample campaign targeted for June 2026. ~15,000 tonnes stockpiled from Isguiz vein and Footwall Zone. Surface stockpile provides representative feed for the pre-commissioning bulk-sample campaign. Infill drilling informing updated restart planning. Results from the ~2,500-metre program are being integrated into the geological model; the Company expects to have an updated restart plan and schedule in early Q3/26.   Highlander Silver Corp. (TSX, NYSE American: HSLV) – On April 07, 2026, the Company provides a portfolio update following the successful completion of its acquisition and combination with Bear Creek Mining. Daniel Earle, President and CEO of Highlander Silver, commented: “Highlander Silver is well positioned to fast-track project advancement across its portfolio of high-quality silver assets. This includes a focus on high-impact exploration, project optimization, and site preparation for development of Corani, the largest fully permitted primary silver project in the world, as well as permitting at San Luis, one of the highest M&I resource grade projects in both the gold and silver sectors. As of March 31, the Company had an unaudited cash balance of approximately US$100 million and no debt. The Mercedes gold-silver mine also made a positive cash contribution in its first month of operations following restructuring under our stewardship. We provide a summary of our baseline plans below and forecast a year-end cash balance of approximately US$60 million. This reflects a disciplined approach to spending that delivers on our core objectives while preserving flexibility to scale up our exploration programs later in the year.”   Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) – On May 12, 2026, the Company announced that its wholly owned Mexican subsidiary, Minera Mar de Plata (“MMP”), has executed three binding Letters of Intent (the “LOIs”) with two residents of Sonora, Mexico to acquire a 100% interest in 24 mineral concessions, and up to a 51% interest in five additional mineral concessions, located adjacent to the Company's Cerro Caliche gold project in Sonora, Mexico. The Vendors are at arm's length to the Company and to its associates and affiliates. Sonoro believes the acquisition is a strategic opportunity to potentially demonstrate the Cerro Caliche project as being part of a larger gold epithermal system, with wide-scale potential to host multiple mineralized zones.    * In full disclosure, some companies mentioned by Erik in this interview, are positions held in his personal portfolio, and also may be site sponsors of The Hedgeless Horseman website at the time of this recording.   Click here to follow Erik's analysis over at The Hedgeless Horseman website     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

In this episode of Tank Talks: The Rundown, Matt Cohen and John Ruffolo break down a huge week across Canadian tech, quantum computing, SPACs, AI infrastructure, vertical SaaS, and the reported SpaceX IPO filing. They start with Xanadu's $300 million at-the-market equity facility and what it reveals about the funding challenge facing Canadian quantum companies that need billion-dollar scale capital to compete globally.John argues that Xanadu should use current market hype to fully fund the business now, even if short-term shareholders hate the dilution. From there, Matt and John unpack why quantum remains a long-term binary bet, why SPACs may be coming back for Canadian growth companies like UniUni, and why Clio's jump from $100 million to more than $500 million in ARR proves vertical SaaS is far from dead, especially when the product is mission-critical and deeply embedded.The episode then shifts to OpenAI, Anthropic, and the AI infrastructure boom, with John warning that massive top-line revenue can hide dangerous burn and accounting optics. Matt and John close with a deep debate on the reported SpaceX IPO, Starlink's growth, Starship risk, xAI, and Cursor being folded into the story, SPV cap table chaos, and whether trillion-dollar tech IPOs could pull capital away from the Mag Seven.Listen to this episode for a sharper read on where capital is really flowing across AI, quantum, SaaS, and space. Matt and John cut through the hype to show which tech narratives are built to last, and which ones could crack under pressure.Xanadu's $300M ATM Facility and the Quantum Funding Problem (00:49)Matt opens with Xanadu's $300 million at-the-market equity facility, explaining how the structure gives the company access to capital while raising questions about dilution, public market volatility, and the long-term cost of funding a quantum data center.John Ruffolo's Advice: Fund the Business While the Market Is Hot (02:45)John explains why Xanadu should take advantage of momentum in the public markets and raise as much primary capital as possible, even if short-term shareholders dislike the dilution.Why SPACs Are Coming Back for Canadian Growth Companies (07:17)Matt brings up UniUni's $1 billion SPAC agreement to list on the TSX, and John explains why companies struggling to raise late-stage private capital may see SPACs as their best path to primary money.Could Clio Be Canada's Next Major Tech IPO? (10:56)As Clio's valuation grows, John argues that the universe of private equity buyers gets smaller, making an IPO one of the more realistic paths for investor liquidity.The Accounting Trick John Says AI Investors Need to Watch (12:23)John criticizes the capitalization of compute, infrastructure, sales, marketing, and partnership costs, arguing that burn may be a better proxy for the real economics than adjusted profitability claims.The Reported SpaceX IPO and the $1.75 Trillion Valuation Debate (14:20)Matt introduces the reported SpaceX IPO valuation and breaks down how much of the story depends on Starlink growth, Starship launches, and the company's ability to scale space-based broadband.Why Everything Hinges on Starship (18:51)John explains that Starship is the key dependency behind the SpaceX story, because Starlink's ability to scale depends heavily on launch capacity, satellite economics, and execution.SpaceX vs. Canadian Banks: The Scale Shock (22:37)Matt points out that the reported SpaceX valuation could be roughly twice the combined market cap of Canada's big six banks, underscoring the staggering scale of the next wave of tech IPOs.The Early Investors Who May Win Big (25:26)Matt and John close by highlighting early institutional bets from Washington State University's endowment and Ontario Teachers, showing how patient capital in breakthrough companies can create generational outcomes.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

En este episodio viajamos al cine español de finales de los años 60 y comienzos de los 70 para analizar dos películas muy distintas pero curiosamente conectadas: la comedia negra La otra residencia y el clásico del terror La residencia. La otra residencia, dirigida por Alfonso Paso, una singular comedia de humor negro inspirada precisamente en el éxito de La residencia. La trama sigue a dos delincuentes que, tras verse involucrados en una muerte accidental, se refugian en una extraña mansión donde deberán ocultar un cadáver mientras se suceden situaciones absurdas y disparatadas. A continuación, nos adentramos en La residencia, la inquietante ópera prima cinematográfica de Narciso Ibáñez Serrador, ambientada en un internado femenino aislado donde las desapariciones de alumnas y la estricta disciplina de Madame Fourneau esconden oscuros secretos. Considerada una obra fundamental del terror gótico español, la película destacó por su atmósfera opresiva, su elegante puesta en escena y su influencia en el cine de suspense posterior. Hoy reside con nosotros en el podcast Israel Mula, de TSX. Sin duda alternativa real para los amantes de los videojuegos de antaño y de arcade para disfrutar en el ordenador. Os dejamos el enlace. https://tsx.eslamejor.com/ Espero que os guste, muchas gracias!

This episode we are joined by Mr. Bevin Wirzba - CEO of South Bow - a TSX listed infrastructure company with a market cap of ~$10 billion. Mr. Wirzba was an integral part of the TC Energy Executive Leadership Team. He oversaw the strategy and corporate development teams and led TC Energy's Canadian Natural Gas and Liquids transportation businesses. During his time at TC Energy, Bevin was responsible for the successful mechanical completion of the Coastal GasLink pipeline project, in addition to his many contributions to the company's strategy and corporate development efforts. Before joining TC Energy, Mr.Wirzba served as Senior Vice-President, Business Development and Capital Markets of ARC Resources Ltd., was Managing Director of RBC Dominion Securities, and served in multi-disciplinary roles across North America and internationally with Chevron Corp. Mr. Wirzba holds a Bachelor of Science in Civil Engineering from the University of Alberta and a Master of Business Administration from the Edinburgh School of Business. Mr. Wirzba is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and sits on the Board of Directors for STARS. Among other things we learned about Reviving Keystone: ~1M BBL Prairie Connector.Enjoy. Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsBunch ProjectsWarren ValveAstro Oilfield Rentals-*This podcast is for informational and educational purposes only, and is not intended as investment advice. Please do your own research, and consult professionals directly before making any investment decisions.Support the show

GoGold Resources CEO Brad Langille joins Ian Wagner in Frankfurt to discuss the company's Mexican silver portfolio, including cash flow from the Parral tailings operation and development plans for Los Ricos. Langille outlines how Parral is generating meaningful free cash flow while also serving as an environmental cleanup project. He also discusses Los Ricos South, which is shovel-ready pending permits, and Los Ricos North, which could follow as a second-stage build. GoGold trades on the TSX under the symbol GGD.

  This week's Weekend Show features Josef Schachter and a KER Market QuickTake analyzing the significant price action across energy and metals. The conversation focuses...

This episode we are joined by Mr. Neil Roszell - Executive Chairman of Headwater Exploration - a TSX listed energy company with a market cap of ~$3 billion. Mr. Roszell has been a founder/executive member of Raging River Exploration Inc., Wild Stream Exploration Inc., Wild River Resources Ltd., Eagle Rock Exploration Ltd., Prairie Schooner Petroleum & Great Northern Exploration Ltd. Mr. Roszell graduated from the University of Regina with a Bachelor of Applied Science in Industrial Systems Engineering, and is also a Professional Engineer(P.Eng.) designation holder. Among other things we learned about 8x Reserve Growth: Building Value Through the Drill Bit.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsBunch ProjectsWarren ValveKinsted WealthAstro Oilfield RentalsSupport the show

Minera Alamos is undergoing a major transformation as the company rebrands to Mining Americas and restructures management to support its next phase of growth as a U.S.-focused gold producer. Newly appointed CEO Darren Blasutti discusses the strategic additions to the leadership team, the company's plan to uplist to the TSX and eventually a U.S. exchange, and how recent financing initiatives are designed to fund growth with minimal shareholder dilution. The conversation also highlights strong financial performance from the Pan Mine, a new $75 million revolving credit facility, and the path toward restarting Copperstone and advancing Gold Rock in Nevada.

  This week's episode explores a significant rebound across precious metals and copper following a volatile spring. We sit down with Brien Lundin to discuss...

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce a major infrastructure upgrade at the company's Grand Falls data centre in New Brunswick, alongside a key milestone in its public market presence. Through its subsidiary Buzz High Performance Computing, HIVE has contracted a new fibre optic network overbuild and carrier transport upgrade for the Grand Falls facility. The initiative represents a critical step in transforming the site into a Tier III high-performance computing (HPC)-enabled data centre, supporting the company's expansion into artificial intelligence and advanced computing workloads. HIVE expects to commit approximately $3.1 million over five years toward the project. Holmes noted that the investment aligns with the company's broader growth strategy, supported in part by proceeds from its recent $115 million exchangeable note offering. These funds are being directed toward scaling HIVE's GPU-powered AI infrastructure and advancing Tier III HPC data centre capabilities, with the New Brunswick campus conversion identified as a key objective for 2026. The Grand Falls site is already energized with approximately 70 megawatts of gross load capacity, with buildings and core electrical systems in place. Buzz High Performance Computing is now working to convert the facility into a 50-megawatt Tier III+ AI-focused data centre designed to support enterprise, government, and sovereign AI applications. In partnership with a Canadian telecommunications carrier, the upgrade will include the installation of dedicated high-capacity optical wavelength services, featuring multiple 100 Gbps and 400 Gbps fibre connections. Initial delivery of these high-speed services is expected to begin in the third quarter of 2026, with the carrier contributing significant additional capital to complete the broader network enhancements. In a separate development, Holmes confirmed that HIVE has received final approval to list its common shares on the Toronto Stock Exchange. Trading is set to commence at market open on May 12, 2026, with the company maintaining its “HIVE” ticker symbol on both the TSX and the Nasdaq Stock Market. The dual listing is expected to enhance HIVE's visibility among Canadian investors while supporting its continued growth as a global player in AI infrastructure and high-performance computing. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #AIInfrastructure #HighPerformanceComputing #HPC #DataCenters #ArtificialIntelligence #CloudComputing #FiberOptics #NewBrunswick #TechInfrastructure #GPUComputing #AIExpansion #TSX #Nasdaq #DigitalGrowth

Scorpio Gold CEO Zayn Kalyan and VP Exploration Harrison Pokrandt explain the newest step-out discovery holes on the Zanzibar trend at the company's consolidated Manhattan District in Nevada ten miles south of Kinross' Round Mountain. Hole 26MN-067 returned 10.40 g/t gold over 5.67 metres from 34.29 m, including 455.52 g/t gold over 0.49 m from 36.27 m. Press release discussed: https://scorpiogold.com/scorpio-gold-drills-10-40-g-t-gold-over-5-67-m-including-455-52-g-t-gold-over-0-49-m-from-36-27-m-and-1-94-g-t-gold-over-17-07-m-from-55-47-m-along-the-zanzibar-trend/ TSX.V: SGN -- OTCQB: SRCRF -- FSE: RY9 www.ScorpioGold.com Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Scorpio Gold Corp. pays MSE a United States dollar ten thousand per month coverage fee. The forward-looking statement disclaimer found Scorpio Gold's most-recent company slide deck found at www.ScorpioGold.com applies to everything discussed in this interview. Mining Stock Education (MSE) 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. If you buy shares of any company featured on MSE, you should, for your own protection, assume MSE's owner is personally selling you those shares. 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/

We have a lot of new drill results out to report, including today's latest from G2 Goldfields, Kirkland Lake Discoveries, Power Metallic, and Awalé Resources. American Pacific Mining has engaged two drill contractors ahead of a fully funded 15,000-metre program at the Madison Copper-Gold Project in Montana. K2 Gold has staked additional claims in Yukon. Magna Mining is upgraded to the TSX big board.This episode of Mining Stock Daily is brought to you by... ⁠Revival Gold ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver⁠⁠Equinox Gold⁠⁠Integra Resources

  In this Weekend Show, we dive deep into the current forces shaping the precious metals sector and the global macro economy. From the “hawkish...

Chris Temple, Editor and Publisher of the National Investor, joins us to review the macroeconomic trends moving the markets, and his outlook on US general equities, precious metals, and various segments of the critical minerals space. Chris also recaps some of the companies he just saw in person at a number of site visit tours throughout Nevada, California, and Arizona.   We start off discussing the Fed meeting earlier this week, and a brief summary of Jerome Powell's 8-year tenure as the head of the US central bank.  Next, we pivot over to the macro backdrop for incoming Fed head, Kevin Warsh; and the results that have accrued as the result of prior monetary and fiscal policy in the US and abroad.  Chris note the persistent issues of record sovereign debt loads, higher-for-longer inflation levels, greatly spurred along by excessive money printing over Jerome Powell's term, pressures from the war in the Middle East, and the potential for slowing economic growth and more meaningful pullback in the broad US equities in the medium-term.   Switching over to gold, silver, and the precious metals equities, Chris had warned subscribers earlier in the year that things had become overbought and gotten ahead of themselves and to fade that rally, anticipating a medium-term sector pullback. He pointed to the coming corrective move in the PM sector, that was then exasperated by the war in Iran, when many felt that would be a bullish driver for gold and silver. Central banks and generalist momentum investors had come into the precious metals over the last couple years, but then some of these same groups had shifted over to selling PMs over the last couple months, putting further pressure on the sector. Generalist investors are still very much fully deployed into US equity markets and in particular the tech stocks and AI trade, and have pushed those valuations to record levels. As a result they are less inclined to be following the future potential of the commodities stocks. Chris is prepared for a future corrective move in US stock markets, that would initially drag everything else down with it, including most commodity and resource stocks. However, he pointed to the 2009 period coming out of the Great Financial Crisis, where gold and silver rebounded quicker and went up more on a performance basis than the broad markets. He expects to see a similar trend after a market liquidity event, where the PMs rebound first and to a greater degree, and the rest of the metals complex will follow.   Next we shifted over to trends within the broad basket of Critical Minerals, where Chris makes the point that one can't paint them all with a broad brush, as some have unique fundamental or macro drivers and have popped up periodically like a game of “whack-a-mole.”   He pointed out that critical minerals like lithium, cobalt, and nickel had popped and then dropped over the last few years, but that he was more animated by uranium, fertilizers, magnesium, tungsten, titanium, copper, and zinc at present.   Wrapping up, Chris highlighted the companies he just met with on his multi-state site visit tour through Nevada, California, and Arizona including:   Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF), Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF), Integra Resources Corp. (TSXV: ITR) (NYSE American: ITRG), North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF), Borealis Mining Company Limited (TSXV: BOGO) (OTCQB: BORMF), Apollo Silver Corp. (TSX.V: APGO) (OTCQB: APGOF), and Arizona Gold & Silver Inc.  (TSXV: AZS) (OTCQB: AZASF).    Click here to follow along with Chris at the National Investor website.   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.    

In this episode, we chat with Michael Hudson, CEO of Southern Cross Gold, a TSX and ASX listed mining company is exploring for epizonal gold in the Victorian goldfields. Their flagship Sunday Creek project has made big strides, going from a relatively small-cap explorer to a multi-billion-dollar story in just a few years, driven by extraordinary drill results, growing institutional backing, and increasing geopolitical interest in critical minerals like antimony. But behind the headlines, there's a bigger story here, about what actually makes a discovery real, how companies transition from exploration success to something more durable, and what the mining industry gets right and wrong about building the next generation of projects. In this conversation, we're going to unpack not just the Sunday Creek story, but the mindset behind repeated discovery success, the realities of raising capital at scale, and the challenges of developing projects in jurisdictions that aren't always eager to say yes. This episode is brought to you by Mining International, a global executive search partner to the mining industry. For bespoke search and advisory services, please visit www.mining-international.org If you want to know more about precious metals, check out The Gold Advisor, a free way to stay on top of the biggest moves in gold, silver, and mining stocks. Jeff Clark and the team break down what matters, why it matters, and where the best opportunities may be shaping up — with timely market insight, company commentary, and ideas investors can actually use. You can sign up here: https://thegoldadvisor.com/?refpartner=109 KEY TAKEAWAYS Michael Hudson emphasises the importance of transitioning from an exploration-focused R&D mindset to a rigorous, engineering-driven development phase to ensure project durability. The success of the Sunday Creek project is underpinned by a renewed geological understanding and strong political support for mining within Victoria. Establishing a "Social License" is mission-critical; success depends on transparent communication and the vast majority of local stakeholders being genuinely supportive. For junior miners, the secret to longevity is attracting institutional investors who understand long-term gating hurdles rather than seeking quick, high-cost capital. BEST MOMENTS "Stick to the major commodities if you want an easier life; go into the specialty metals if you want a complicated life." "Investors really want honesty and competency; they want you to be smart, but not the smartest person in the room—just frank about your errors." "If you think you're going to become a great geologist by looking at a computer, that is not going to happen; you need to see the rocks." GUEST RESOURCES https://www.linkedin.com/company/southern-cross-gold https://www.youtube.com/@ASXSX2 https://x.com/SXGConsolidated https://www.southerncrossgold.com/ info@southerncrossgold.com VALUABLE RESOURCES Mail:        ⁠rob@mining-international.org⁠ LinkedIn: ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ X:              ⁠https://twitter.com/MiningRobTyson⁠  YouTube: ⁠https://www.youtube.com/c/DigDeepTheMiningPodcast⁠  Web:        ⁠http://www.mining-international.org⁠ CONTACT METHOD ⁠rob@mining-international.org⁠ ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.  This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/

Greetings & welcome back to the podcast. This episode we are joined by Mr. Chris Carlsen - CEO of Birchcliff Energy - a TSX listed energy company with a market cap of ~$2 billion.Mr. Carlsen is the President and Chief Executive Officer of Birchcliff and is responsible for the overall strategic direction and financial and operational performance of the Corporation. He is a Professional Engineer with over 20 years of experience in the oil and natural gas industry, including in the areas of executive leadership, engineering, operations, finance, acquisitions and divestitures, business development, marketing and sustainability. Mr. Carlsen is also a director of the Corporation. Mr. Carlsen joined Birchcliff in 2008 and has been a member of the Corporation's Executive Team since 2013, serving as the President and Chief Operating Officer from January 2022 to December 2023 and as the Vice President, Engineering from July 2013 to December 2021. Prior to joining Birchcliff, Mr. Carlsen was the Senior Engineer at Greenfield Resources Ltd. and held various engineering positions at both Encana Corporation and PanCanadian Petroleum Ltd. Mr. Carlsen holds a Bachelor of Science degree in Chemical Engineering from the University of Saskatchewan and is a member of the Association of Professional Engineers and Geoscientists of Alberta. He is also a member of the board of directors of the Canadian Association of Petroleum Producers and the board of governors of the Explorers and Producers Association of Canada and a member of the Business Council of Alberta. Among other things we learned about 20 Years in the Montney – Infrastructure, Growth & Discipline. Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsBunch ProjectsWarren ValveKinsted WealthSupport the show

[Recorded April 21st, 2026]  Nick Hodge, Co-Owner of Digest Publishing and editor of Foundational Profits and Underground Alpha, joins us for our monthly longer-format discussion on different macroeconomic factors and market reactions to the war in the Middle East, his key takeaways from the 13th annual Scottsdale Capital Event, and investing strategies in select gold, copper, lithium, uranium and critical minerals stocks in tantalum, antimony, and rare earths.   Nick discussed how after big runs over the last year in gold and gold equities that he had elected to apply a pruning and planting strategy, in cutting back position sizing from being overweight in GDXJ, Royal Gold, Inc. (NASDAQ: RGLD), Versamet Royalties Corporation (TSX: VMET), and some other precious metals stocks to raise cash that can be deployed on either pullbacks or into other sectors.   Shifting over to the energy side of critical mineral stocks, Nick highlighted some of the copper, lithium, and uranium names that have had his attention lately.   With the copper stocks, Nick highlighted the steep March corrections and then the recent bounces higher in many copper producers, like Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF). He highlighted the acquisition of Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) by Hudbay Minerals Inc (TSX, NYSE: HBM) and how that may be used as a good case study and lens for consideration of other advanced assets and what kind of projects and jurisdictions interest the senior producers. Nick pointed out that 2 of the copper developers with good investor engagement, solid pounds in the ground resources, and good fundamentals that were attending the recent Scottsdale conference were Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) and Aldebaran Resources Inc.  (TSX-V: ALDE) (OTCQX: ADBRF).     Nick pointed out that lithium prices have been on the move higher and flagged the recent high-grade Li resource estimate released this week by Q2 Metals Corp. (TSX.V: QTWO) (OTCQB: QUEXF).   Last month he was adding more to his position in North Shore Uranium Ltd. (TSX-V:NSU), and he reiterated the constructive macro drivers behind more growth and adoption of nuclear power and the need for new uranium discoveries.   We then pivoted from the “energy metals” over to growing investor interest in the “defense metals” like tungsten, tantalum, antimony, and rare earths.   Nick also flagged PMET Resources Inc. (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) as a company that not only has a world-class lithium project, but also compelling cesium and tantalum resources for a suite of critical minerals.   He mentioned Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) as a company has accumulated on pullbacks, for their exposure to domestic production and processing of both uranium and rare earths.   Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA), is a company he's supported for over a decade for the interest in both their gold and antimony resources, and he pointed out that it has been the antimony kicker that has gained the project more traction with investors, and expedited the permit approval process last year.    Click here to follow Nick's analysis and publications over at Digest Publishing       For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.

Jason Jessup, CEO and Director of Magna Mining (TSX.V: NICU) (OTCQX: MGMNF), joins me for an overall exploration and development update at the prior-producing Levack Mine, to map out what the pathway to restarting production would entail.   We also touch upon the coming TSX uplisting process, operations at McCreedy West, and how rising nickel prices factor into initiatives at their Projects located in Sudbury, Ontario, Canada.    We reviewed the continued high-grade drill results across copper, nickel, platinum, palladium, gold, and silver in more recent assays returned from the ongoing exploration and development work at the Levack Mine.     Levack R2 Zone new assay results include:   -- MLV-26-14A W1 – returned 23.2% Cu, 5.6% Ni, 21.4 g/t Pt+Pd+Au, 225.0 g/t Ag over 2.4 metres, from 975.9 metres down hole,  And 10.7% Cu, 1.5% Ni, 14.7 g/t Pt+Pd+Au, 67.1 g/t Ag over 2.1 metres, from 1026.9 metres down hole Including, 29.6% Cu, 4.0% Ni, 32.4 g/t Pt+Pd+Au, 181.0 g/t Ag over 0.7 metres, from 1028.3 metres down hole                       -- FNX6083-W5 – returned 5.7% Cu, 13.7% Ni, 11.2 g/t Pt+Pd+Au, 28.0 g/t Ag over 0.4 metres, from 1117.7 metres down hole   The Company is planning to release a Preliminary Economic Assessment (“PEA”) for the Levack Mine in parallel with work to re-establish ore and waste hoisting capabilities during 2026.  At present those economics will not include the high-grade drilling completed to date at the R2 Footwall Zone. Jason highlights that a development drift is going to be implemented to support ongoing underground exploration of this area, for the potential of future implementation into development plans.   Next we discuss what the higher nickel prices seen recently could mean for the profitability of certain zones at both Levack and McCreedy West, if they persist.  This opens up a broader review of the mineralized variability seen in different areas of each underground mine and in the defined deposits.   Wrapping up we talk about the importance and value of their human capital, beyond just the mineralized inventory.   The company has staffed from around 28 employees to around 250 employees in just the last 2 years, and is excited about all the growth still on tap for expanding McCreedy West, developing Levack and Crean Hill, and even some regional exploration on projects like Kirkwood.     If you have questions for Jason regarding Magna Mining, then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Magna Mining at the time of this recording, and may choose to buy or sell shares at any time.    Click here to follow along with the news at Magna Mining   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.

  This week's Weekend Show shifts the lens back to the core pillars of asset-based investing: Precious Metals and Energy. We explore the disconnect between...

Arturo Préstamo Elizondo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (TSX.V:SCZ) (NASDAQ:SCZM) (FSE:1SZ), joins me to highlight their full-year 2025 financial and operational results across their portfolio of producing mines in Bolivia and Mexico. We also review a few of the key growth initiatives that the company has slated for 2026 across multiple projects.    FULL YEAR 2025 HIGHLIGHTS:   Revenues of $326.4 million, a 15% increase year-over-year. Gross Profit of $109.4 million, a 91% increase year-over-year. Net Income of $42.2 million, a 74% decrease year-over-year1. Adjusted EBITDA of $104.6 million, a 99% increase year-over-year. Cash and Highly-Liquid Marketable Securities of $66.7 million, a 87% increase year-over-year2. Working Capital of $63.7 million, a 38% increase year-over-year. Average Realized Price per Ounce of Silver Equivalent Sold of $39.00, a 36% increase year-over-year. AISC per Silver Equivalent Ounce Sold of $30.81, a 18% increase year-over-year. Realized Margin per Silver Equivalent Ounce Sold of $8.19, a 209% increase year-over-year.   Last year was a milestone year for Santacruz, highlighted by the full debt repayment to Glencore, payment of taxes to Bolivia, and still ending the year with ~$70 million added to the treasury and materially strengthened balance sheet.  Strong silver prices throughout the year and improving mine efficiencies contributed to a revenue increase of 15%, and the margin between the average realized price of silver and AISC improved by 209%.   While total production was down 11% due to Bolivar's May 2025 flooding event, the strength and diversification of their multi-asset operating portfolio helped offset the impact, with operations remaining cash-generative and profitable. The Company continues to expect Bolivar's full recovery by Q4 2026, with the dewatering program progressing ahead of plan and driving consistent quarter-over-quarter improvements throughout the year. The Company is beginning to see the benefits of the recovery efforts at Bolivar, now accessing again the high silver-grade Pomabamba and Nané veins.   Next we moved over to the Caballo Blanco Group of mines, which is the lowest cost and thus highest efficiency of their operations.  Colquechaquita and Tres Amigos are the 2 producing mines, but Arturo mentioned that the Company has now brought Esperanza Mine back into production during Q1, and that it should be a profitable smaller zinc-forward mine in this Caballo Blanco complex moving forward.   Next we shifted over to the high-margin San Lucas Group Lucas feed sourcing business (which now includes ore blended from the Reserva Mine, previously part of the Caballo Blanco complex).  Arturo points out that since this is a “margin business” it will always be profitable, but that it will see higher costs in parallel with higher silver prices, and thus the higher amount needed to be paid to the small regional miners that bring in their ore to sell to San Lucas.   The higher costs are not an efficiency issue, but rather reflective of moves up in the metals prices themselves.   Their Zimapán Mine in Mexico will be another area of growth for Santacruz Silver in 2026, after a substantial capital investment last year into plant equipment and improving mine efficiencies and metals recoveries.   Additionally, the operations team had finally gained access to the high-grade 960 Level of the Zimpan Mine at the end of Q4, and so this will be a more significant contributing area of production starting in Q1 2026 and for several years to come.   The operations team is advancing their silver-dominant Soracaya mine towards development and near-term production. There is already a decline ramp into this project with initial stope access in 2 areas, and the plan once the permit is received is to get this mine into initial production by Q4 of 2026.    Wrapping up we discussed the potential for future accretive acquisitions in the Americas.  The board and management team are open to a currently producing mine or development-stage underground mining assets, but only if the acquisition would be accretive for shareholders and if their team can unlock value in these acquired assets.     If you have any follow up questions for Arturo regarding Santacruz Silver, then please email those to me Shad@kereport.com.   In full disclosure, Shad is a shareholder of Santacruz Silver at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Santacruz Silver   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.  

Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-tsxvscz-2026-set-for-more-gains-as-large-treasury-builds-9260Recording date: 15th April 2026Santacruz Silver Mining Ltd. (TSXV:SCZ) is a multi-asset, multi-metal producer operating across Mexico and Bolivia, with silver as its primary revenue metal. Having closed 2025 with revenues of $326 million and EBITDA of $104 million, the company's strongest financial results in recent years, the company is now entering what management believes will be a year of accelerating operational recovery and earnings growth.The most significant near-term catalyst is the recovery of the Bolivar mine in Bolivia which suffered flooding of two key veins and resulting in a cumulative loss of approximately 600,000–660,000 silver equivalent ounces over the affected period. The dewatering programme is progressing on schedule, with Q4 2025 silver production at Bolivar already up 34% quarter-on-quarter. Full capacity restoration representing a quarterly run rate of 1.0–1.2 million silver equivalent ounces from Bolivar mine is targeted for Q4 2026. This recovery alone represents a material production and cash flow uplift for the group, requiring no new capital expenditure or exploration success.Beyond Bolivar, management has guided for approximately 10% group production growth in 2026, supported by throughput and recovery improvements at Zimapan in Mexico, incremental output from the newly opened Esperanza area at Caballo Blanco, and the initial production contribution from Soracaya in Bolivia, which is expected to begin at approximately 200–250 tonnes per day in Q4 2026 ahead of a full ramp-up in 2027.On the financial side, Santacruz ended 2025 with approximately $70 million in cash achieved after paying down $40 million in Glencore debt and settling $27 million in deferred taxes during the year. The balance sheet is clean, working capital has improved materially, and the company is generating cash at a growing rate. Management's approach to capital deployment is conservative, prioritising treasury strength while exploring accretive M&A opportunities across the Americas.Two near-term transparency improvements are worth noting. First, the company is restructuring its AISC reporting to separate San Lucas from consolidated mine-level cost figures, which will give investors a significantly cleaner view of operating economics. Second, Santacruz is pursuing a graduation from the TSXV to the TSX main board, which management has identified as the trigger for launching a formal share buyback programme. Management has been explicit that it views the current share price as undervalued relative to fundamentals.The silver macro backdrop adds further support with silver demand structurally expanding due to its role in solar photovoltaics, electric vehicles, and grid-scale storage, while supply growth remains constrained by long project development timelines and the predominantly by-product nature of silver mining. Santacruz, as a primary silver producer operating exclusively in the Americas, is well-positioned to benefit from both the commodity trend and the growing Western preference for supply chain diversification.For investors, the combination of a defined operational recovery timeline, guided production growth, a strengthening balance sheet, and multiple identifiable re-rating catalysts makes Santacruz Silver a company worth following closely as 2026 progresses.View Santacruz Silver's company profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com

Greetings & welcome back to the podcast. This episode we are joined by Mr. Doug Bartole - CEO of InPlay Oil - a TSX listed energy company with a market cap of ~$500 million. Mr. Bartole has been the President and Chief Executive Officer of the Corporation since November 2012; prior thereto, Mr. Bartole was the founder, President and Chief Executive Officer of Vero Energy Inc., a public oil and gas company, from September 2005 to November 2012. Mr. Bartole was also previously Vice President, Operations of True Energy and held management and engineering roles at Husky Energy Inc., Renaissance Energy Ltd. and PanCanadian Petroleum Ltd. He was also a director of Invicta Energy and other private corporations. Mr. Bartole is a member of APEGA, the Institute of Corporate Directors and is a governor of CAPP. Among other things we learned about Developing the Cardium in 2026.Among other things we learned about Unlocking the Cardium in 2026.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsBunch ProjectsWarren ValveSupport the show

Victor Cantore, President and CEO of Amex Exploration Inc. (TSX.V: AMX) (OTCQX: AMXEF), joins me for an exclusive KER video update, with a visual overview of the Perron Gold Project located in Quebec, Canada. We review the constructive advantages to their site infrastructure, get an exploration update on their expanded land package, highlight the key metrics from the Phase 1 Feasibility Study, and outline the next key milestone as the move into a trial-mining bulk sample process.   Feasibility Phase 1 Highlights Released on March 13, 2026:   Gold production to average 147,000 oz per year over the 5 years of commercial Phase 1 production at an All in Sustaining Cost (“AISC”) of USD$910/oz Au. Projected Post-Tax IRR of 114.6% and Post-Tax NPV5 of CAD$1.13 billion generated from a Cumulative Undiscounted Post-Tax Cash Flow of CAD$1.44 billion at an assumed gold price USD$3,500/oz. The Phase 1 Feasibility Study evaluates an initial development scenario at Perron, building on the broader potential outlined in the September 2025 PEA, which indicated a potential mine life of approximately 17 years. Phase 1 mine development consists of two (2) years pre-production, followed by five (5) years of commercial mining and toll milling operations Executing a toll milling approach reduces risks and accelerates production schedule targeting revenue in 2028   The next key company milestone, before getting to this Phase 1 scenario outlined in the Feasibility Study, will be moving next into the development process for trial-mining of the high-grade Champagne Zone in a bulk sample, to commence the middle of 2027.    This bulk sample will accomplish some of the early-stage development slated for Phase 1 in advance (lowering the stated capex in the F.S.). The company is now permitted to proceed towards site and ramp development over the next year. The plan is then to mine this material for the bulk sample, and process ~40,000 tonnes via toll-milling at a nearby plant; which should result in production of around 20,000-23,000 ounces of gold. This bulk sample will be a learning experience in how the mining process, grade reconciliation, and metals recoveries compare to the economic studies in place; while also generating non-dilutive capital to assist with much of the capital needed for Phase 1 development.   The revenues generated from the bulk sample in 2027, then the 4-5 years of DSO toll-mining in Phase 1, will fund the exploration and development work that feeds into the Phase 2 studies.  Phase 2 will envision the move into a larger production scenario building a processing plant on site, from the robust revenues projected during Phase 1.   In addition to all the development slated for this year, the company is pressing forward with an aggressive 100,000 meter drill campaign, continuing to delineate and expand resources at the main Perron Project; while also beginning to explore on their expanded land package across the provincial border into Ontario.  The company has substantially increased their land holdings through a combination of staking claims and the 2 recent acquisitions of the Perron West and the Abbotsford/Hepburn properties.     If you have any questions for Victor regarding Amex Exploration, then please email them into me at Shad@kereport.com, and we'll get those addressed or covered in future interviews.   In full disclosure, Shad is a shareholder of Amex Exploration at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Amex Exploration   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.

Small Cap Breaking News You Can't Miss! Here's today's roundup, April 8, 2026.New Age Metals Inc. (TSX.V: NAM) (OTCQB: NMTLF) (FSE: P7J) — Ring of Fire Expansion: NAM staked the northern extension of its Northern Shield project, expanding to ~34,000 hectares in Ontario's Ring of Fire. The 100% owned expansion secures a layered mafic intrusive complex prospective for PGMs, nickel, and copper. Ontario targets 2026 for road construction, full access by 2031.NuRAN Wireless Inc. (CSE: NUR) (OTC PINK: NRRWF) (FSE: 1RN) — $15M Private Placement + African Expansion: NuRAN is raising up to $15M through a non-brokered placement at $3.66/unit (warrants at $4.30). The company erected its first towers in Ivory Coast and deployed 3G in Cameroon, expanding rural telecom across sub-Saharan Africa.Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) — Europe's Largest Modern Antimony Resource: MILI released a maiden inferred resource of 6.5 Mt at 1.02% Sb and 1.06 g/t Au for 67,000t of antimony and 222,000 oz of gold at its Trojarova Project in Western Slovakia — the largest antimony resource in the EU by modern standards.Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTCQB: LRRIF) — New Gold Discovery in South Dakota: Phase 1 drilling at the Volney Project confirmed gold mineralization across a 500m strike, 400m width, and 200m depth. All 9 drill holes returned gold, with highlights including 36.5m @ 0.5 g/t Au and 23.2m @ 1.1 g/t Au. The system remains open in all directions with near-surface bulk-tonnage potential.E3 Lithium Ltd. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF) — Defense-Grade Lithium Partnership: E3 Lithium signed a Teaming Agreement with Germany's TKMS to support Canada's Patrol Submarine Project, establishing a framework for research, technology transfer, and investment aligned with Canada's Industrial and Technological Benefits policy. E3's Clearwater Project in Alberta holds 21.2 Mt LCE in resources with a pre-tax NPV of USD 5.2 Billion.Bottom Line: Today's releases highlight Canada's growing critical minerals momentum — from Ring of Fire expansion and defense-grade lithium supply chains to a maiden antimony resource in Europe and a new gold discovery in South Dakota. Stay ahead of the market — follow AGORACOM for more breaking small-cap news and insights.

In this episode of Tank Talks, Matt Cohen and John Ruffolo unpack a major week across Canadian venture capital, deep tech liquidity, sovereign investment strategy, and the rapidly shifting AI software stack. The conversation opens with Ontario's newly announced $4 billion Protect Ontario Account investment fund, designed to back artificial intelligence, defence, manufacturing, and growth-stage businesses while shielding jobs from trade disruption. John breaks down the real strategic question beneath the headline: whether Ontario should centralize capital with one fund manager or use a multi-manager, co-investment model that mirrors the Canada Growth Fund and Quebec's long-standing institutional playbook.The episode then shifts into a stacked run of liquidity events reshaping tech markets. Xanadu's public debut becomes a lens into Canada's capital formation challenges, while the looming SpaceX IPO raises bigger questions about how billions in founder and employee liquidity could flood back into deep tech, defence, and space infrastructure. The discussion sharpens further with CoolIT Systems' $4.75B acquisition by Ecolab, a staggering private equity outcome fueled by AI data center demand, before closing on a real-time operating lesson from inside the Tank Talks fund: why Claude has overtaken OpenAI for enterprise workflows, coding agents, and operational leverage. From sovereign capital to AI agents, the throughline is clear: infrastructure, liquidity, and execution are redefining where value compounds.Ontario's $4B Protect Ontario Fund & the Single-Manager Debate (00:44)Ontario unveils a $4 billion investment vehicle targeting AI, defence, manufacturing, and job protection. Matt and John unpack whether concentrating capital under one GP creates governance risk or strategic efficiency.Why Ontario Is Finally Playing Offense in Capital Formation (02:06)John explains why Ontario's vulnerability to trade shocks and weak co-investment capacity made this move overdue, especially compared to Quebec's institutional investing model.Xanadu Goes Public: A Canadian Deep Tech Financing Milestone (05:33)Xanadu begins trading on both TSX and Nasdaq, giving Canadian deep tech founders a new case study in alternative financing structures through SPACs.SpaceX's IPO Could Trigger a Deep Tech Liquidity Supercycle (09:12)SpaceX's rumored IPO filing and potential $1.75T valuation spark a discussion about how recycled liquidity may turbocharge space, defence, and physical AI startups.CoolIT's $4.75B Exit & the AI Infrastructure Gold Rush (12:14)CoolIT Systems' sale to Ecolab highlights how AI data center infrastructure is driving some of the fastest PE returns in Canadian tech history.The 15x Private Equity Return Nobody Saw Coming (13:17)KKR's three-year hold turns into a stunning 15x equity return, proving that “feature businesses” can become platform-scale winners when AI demand rewrites infrastructure economics.Why Claude Is Beating OpenAI in Enterprise Workflows (15:32)Matt breaks down how Claude-powered agents now run finance audits, subscription cleanup, workflow automation, and internal ops, saving real dollars and flipping AI usage across the portfolio.Consumer AI vs Enterprise AI: The Real Claude vs OpenAI Story (18:20)The closing thesis: OpenAI may dominate consumer mindshare, but Claude is winning where workflows, coding, and high-value enterprise execution matter most.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

  This Weekend's Show explores a stark contrast in the resource sector: a “volatility blowout” in precious metals driven by shifting Fed expectations and Western...

Drew Clark, President and CEO of Summit Royalties Ltd. (TSX.V: SUM) (OTCQB: SUMMF), joins me to outline the transformational acquisition of Star Royalties and recent acquisition of a 1% NSR on the Saddle North Project, taking their portfolio up to 50 royalty partner projects, across 3 core jurisdictions being Canada, USA, and Australia; mostly focused on gold and silver.  Summit is a relatively new company having just gone public in the 2nd half of last year, but is now the fastest growing company in the precious metals royalty sector.    On March 16, 2026, Summit Royalties announced that they have entered into an arrangement agreement pursuant to which, Summit has agreed to acquire all of the issued and outstanding common shares and Star Royalties Ltd. (TSXV: STRR, OTCQX: STRFF).   Transaction Highlights and Strategic Rationale Immediate Scale & Quality 50 royalties and streams ~63% of net asset value ("NAV") from assets in production or with committed timelines to production; and Diversified revenue base with 4 assets currently in production, expected to increase to 6 by 2027. Value accretive transaction on both a NAV per share and 2027E CFPS basis; Significantly improved near-term cash flow profile with the addition of Copperstone and immediate revenue from Keysbrook; Addition of a high-quality gold stream on Copperstone that is expected to have significant expansion and exploration upside, with multiple near-term catalysts expected throughout 2026 including a PFS (April 2026), a maiden open-pit resource (H2 2026), and the anticipated commencement of construction later in the year; and Enhanced Tier-1 jurisdictional exposure.   Industry-Leading GEOs Growth ~47% GEOs CAGR expected over the next 3 years, which would be the highest among junior royalty and streaming companies based on analyst consensus estimates; Visibility driven by existing development assets and growth from material assets with committed timelines to production; and Additional upside from identified pipeline and from disciplined future acquisitions.   Accretive & Cash Flow Enhancing ~US$2M of identified annual cost synergies through the elimination of duplicate public company costs, personnel changes, and operational changes; Copperstone and Pitangui expected to be in production by 2027, increasing estimated 2027 revenue to over US$15M at consensus metal prices; and Small, agile team with minimal G&A funnels cash flow back into the business. Meaningful Re-Rate Potential ~C$184M expected pro forma fully-diluted in-the-money market capitalization; Improved capital markets presence and trading liquidity, with supportive shareholder base; and Pro forma Summit valued at a significant discount to peers on Price/NAV and Price/2027E cash flow per share ("CFPS") basis.   The Corporation intends to become the next mid-tier streaming and royalty company through future actionable and accretive acquisitions to increase production and cash flow growth. The Corporation currently has no debt and sufficient cash on-hand for use in future acquisitions.   Drew takes us through the growth on tap for 2026 and beyond at their now 4 producing royalties and streams.   Madsen – 1% NSR Royalty focused on gold and operated by West Red Lake Gold Mines in Ontario, Canada Bomboré – 50% Silver Stream; operated by Orezone in Burkina Faso Zancudo – 0.5% NSR Royalty; operated by Denarius Metals in Colombia Keysbrook – 2% minerals royalty on a producing mineral sands mine in Western Australia   Additionally, they will retain exposure to the Green Star Royalties Ltd. joint venture between Star Royalties Ltd. (TSXV: STRR, OTCQX: STRFF), Agnico Eagle Mines Limited (TSX, NYSE: AEM) and Cenovus Energy Inc. (TSX, NYSE: CVE) that invests into North American carbon offset projects in nature-based solutions, renewable energies, as well as other green technologies.   Next we reviewed their key development royalties:   Pitangu – $80/oz until 250 Koz produced – 1.5% NSR thereafter; operated by Jaguar Mining in Brazil and slated to go into production in 2027. AurMac – 0.5% – 2.0% NSR Royalty Coverage; operated by Banyan Gold in the Yukon, Canada On March 12, 2026, Summit Royalties Ltd. announced that it has entered into an agreement to acquire a 1.0% net smelter return ("NSR") royalty on the Saddle North Deposit, owned by Newmont Corporation, for consideration of C$5 million paid in shares of Summit.     If you have any follow up questions for Drew about Summit Royalties, then please email them into me at Shad@kereport.com.   Click here to follow the latest news from Summit Royalties     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.  

  This week's show centers on the intersection of geopolitical conflict and market fundamentals. With the Strait of Hormuz facing unprecedented disruptions, the energy sector...

What if factor investing in Canada became as simple—and affordable—as buying a single ETF? In this episode, we are joined by Eduardo Repetto, CIO of Avantis Investors, and Caitlin Ebanks, Director of ETF Strategy at CIBC, to unpack the long-awaited launch of Avantis ETFs in Canada. This conversation explores how a partnership built on client-first principles and fee discipline is bringing sophisticated, evidence-based investing strategies to Canadian investors in a dramatically more accessible way. We dive into the structure and philosophy behind the new ETF lineup, including how Avantis applies factor tilts, why implementation details like direct security ownership and low turnover matter, and how the new asset allocation ETF (CAGE) could simplify portfolio construction for DIY investors. Eduardo also shares insights into Avantis' research process, expected premiums, and the realities of tracking error, while Caitlin explains how CIBC is positioning these products within the Canadian ETF landscape. This episode is a deep dive into the evolution of factor investing—covering product design, pricing, portfolio construction, and the broader shift toward low-cost, transparent investment solutions.   Key Points From This Episode: (0:00:00) Introduction to the episode and the significance of Avantis launching ETFs in Canada. (0:00:42) Why this launch marks a major step forward in accessibility for Canadian factor investors. (0:02:52) Lower fees and simplified implementation remove key barriers to factor investing. (0:04:55) Background on Eduardo Repetto and Caitlin Ebanks. (0:08:12) Avantis surpasses $125B AUM and the drivers behind its rapid growth. (0:10:20) How the Avantis–CIBC partnership came together and aligned on client-first pricing. (0:13:04) CIBC's ETF strategy and rationale for partnering with Avantis. (0:14:49) Overview of the Avantis ETF lineup launching in Canada. (0:19:33) Fee structure, competitiveness, and expected MER approach. (0:21:25) Eliminating operational cost uncertainty from investor fees. (0:23:20) "Gas station sushi" and maintaining product quality. (0:25:08) Why ETFs were chosen over mutual funds as the primary vehicle. (0:28:29) Roles of Avantis and CIBC in managing and operating the ETFs. (0:29:32) Direct security ownership vs. ETF-of-ETF structures and tax implications. (0:31:23) Construction of the CAGE asset allocation ETF and its factor tilts. (0:33:46) Expected outperformance (1.5–2%) and tracking error (3–4%) ranges. (0:35:26) Transparency challenges and regulatory considerations in Canada. (0:37:26) How CACE differs from the TSX through profitability and valuation tilts. (0:40:13) Low turnover and tax efficiency considerations. (0:42:05) Long-term commitment to the ETF lineup and viability concerns. (0:43:44) Ongoing research and potential improvements to factor implementation. (0:46:07) Current research focus: improving profitability forecasting. (0:48:30) What excites Caitlin and Eduardo most about the launch. (0:50:41) Why CAGE could transform how Canadians implement factor investing.   Links: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore   Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

  As geopolitical tensions in the Middle East muddy the economic waters, market veterans Rick Bensignor and Dana Lyons dive deep into the technical “cracks”...

Bill Powers interviews Shawn Khunkhun, CEO of Dolly Varden Silver, for an update on Dolly Varden's proposed merger with Contango Ore. The merger is expected to close around March 26 after shareholder votes and final court approval, with the combined company trading as CTGO on NYSE American and also listing on the TSX. Khunkhun outlines a $50M ETF/index buying “catch-up trade” expected soon after closing, and emphasizes a $50M exploration budget funded by roughly $100M cash plus cash flow from an the Alaskan Mahn Choh producing mine, alongside $14.5M debt. He provides guidance targeting a 50% increase in silver inventory toward 100M ounces, improved gold resource conversion and grade, and discusses planned growth including Lucky Shot (production by 2028) and Johnson Tract capex, potential hub-and-spoke processing, and a scenario of up to $250M free cash flow in 2027. 00:00 Intro 00:27 Merger Timeline and Approvals 02:17 Exploration Strategy and Budgets 04:25 Balance Sheet and Funding Plan 05:26 Resource Growth Guidance 06:56 Jurisdiction and Catchup Trade 10:02 ETF Rebalance and US Domicile 10:44 Grants and Permitting Upside 11:54 2027 Free Cash Flow Outlook 14:04 Valuation Framework and Comps 17:33 Capex Roadmap and Production Build 19:03 Hub and Spoke Processing Model 21:43 Silver Price Guidance and Equity Catchup 24:38 NewCo Leadership and Share Structure Learn more about the merger: https://contango-ore-to-merge-with-dolly-varden-silver.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Dolly Varden Silver Corp. pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement disclaimer found in Dolly Varden's most-recent company slide deck found at www.DollyVardenSilver.com applies to everything discussed in this interview. Mining Stock Education (MSE) 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/

  The 2026 PDAC convention in Toronto served as a wake-up call for the mining industry. While attendance reached record highs, the market’s behavior has...

New to the podcast NASA ST4 competitor from the Arizona region. Drives a first gen TSX and is someone I have been following for a while. We touch on his start in track days and his jump in performance with the J37 swap. I am excited to see how his progress will be for 2026.

In this episode, we chat with Mark Sumner, CEO and Chairman of Daura Gold, a TSX-listed junior miner, advancing high-impact exploration projects in Peru's renowned Ancash region. We discuss what attracted the team to the country, how a re-evaluation of historic drilling at Antonella significantly upgraded the dataset without drilling a single new hole, and what that means for confidence in the scale of the system. We also talk about district context, upcoming drilling plans at Antonella, the discovery potential behind the first systematic drill program at Cerro Bayo, and what Peru is like as a mining jurisdiction.  KEY TAKEAWAYS Daura Gold achieved a 51% increase in gold equivalent gram meters at their Antonella project without drilling a single new hole Despite political shifts, Peru remains a premier mining destination because of its world-class mineral endowment (Top 3 in copper and silver) and its proactive stance on promoting foreign investment  The Antonella project is located in the prolific Ancash Department, immediately adjacent to Highlander Silver's Bonita project and near the legendary San Luis deposit While focusing on Peru, Daura is also actively exploring the Cerro Bayo project in Argentina. This represents the first systematic drill testing of 15 priority targets in the Deseado Massif BEST MOMENTS "Peru has that really exciting combination of incredibly prospective geology... yet so much of the country is still under-explored."  "We managed to materially enhance the data set without drilling a single hole... it's completely changed the profile of the project for us."  "The mineral endowment of the Ancash is incredible... we're surrounded by these incredibly rich, high-grade epithermal vein systems." "We think there's potential for a multi-million ounce deposit at Antonella... that's really what the next 12 to 18 months looks like for us." GUEST RESOURCES Website: https://www.dauragold.com LinkedIn: https://www.linkedin.com/company/daura-gold-corp/  X: https://x.com/DauraGold VALUABLE RESOURCES Mail:        ⁠rob@mining-international.org⁠ LinkedIn: ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ X:              ⁠https://twitter.com/MiningRobTyson⁠  YouTube: ⁠https://www.youtube.com/c/DigDeepTheMiningPodcast⁠  Web:        ⁠http://www.mining-international.org⁠ CONTACT METHOD ⁠rob@mining-international.org⁠ ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.  This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/

  In this weekend edition, we bring you live insights from the floor of the Las Vegas MoneyShow followed by an in-depth energy sector deep...

This interview is disseminated on behalf of Vortex Metals Inc. As demand for copper rises and its economic importance grows, Vortex Metals Inc. (TSX.V: VMS | FSE: DM8 | OTC: VMSSF) is full steam ahead in its exploration of its projects in Chile and Mexico. Co-Founder & Executive Chairman Michael Williams discusses the Illapel Copper Project, the Riqueza Marina and Zaachila projects, as well as the company's outlook and momentum.Explore: https://vortexmetals.caWatch the full YouTube interview here: https://youtu.be/UBaBr347SE0?si=_qFcHtRGW4k0L_f4 And follow us to stay updated: https://www.youtube.com/GlobalOneMedia

  Two veteran newsletter editors map out where the next big moves, and best entry points, could emerge across metals and energy in 2026.  ...

  The start of 2026 has been defined by a dramatic shift in market leadership. While the AI-driven tech giants face increasing pressure over massive...

In this first episode of 2026, we sit down for a deep dive into one of the hottest concerns coming from clients and listeners lately: Is the U.S. stock market dangerously concentrated—and are we in an AI bubble? Ben, Dan, and Ben unpack the data, the history, and the psychology behind today's valuations, drawing lessons from past episodes of market euphoria such as Nortel in Canada, the dot-com boom, and Japan's 1989 peak. They explain why high market valuations—not concentration—pose the bigger challenge, how bubbles historically fuel real economic innovation while hurting investors, and why diversification continues to offer the only reliable protection against unknowable futures. Along the way, they revisit examples of how value stocks, small-cap value, and global diversification have fared across different market regimes.   Key Points From This Episode: (0:00:40) What RR is about: evidence-based insights, synthesis episodes, expert interviews, and long-form inquiry — not debates. (0:04:20) Why listeners value RR: transparency, friendly inquiry, returning to topics over time, and the hosts' dynamic. (0:09:25) Rising concern: clients asking whether U.S. market concentration and an AI bubble mean it's time to exit stocks. (0:11:10) Advisors echo similar worries: U.S. politics, all-time highs, and emotional decision-making. (0:14:20) Today's data point: Top seven U.S. stocks = 36% of S&P 500; 32% of the total U.S. market — highest on record. (0:16:10) Why people fear concentration: a decline in the Magnificent Seven could meaningfully drag down the index. (0:17:30) Canada's cautionary tale: Nortel once hit 36% of the TSX — collapsed to zero — but the market recovered by 2005. (0:21:20) Bubbles through history: canals, railways, fiber optics, dot-coms — innovation funded by speculation. (0:25:30) Dot-com parallels: huge ideas, low cost of capital, lots of failures — but lasting infrastructure remained. (0:28:40) AI dominance: Since ChatGPT, AI-linked companies drove 75% of S&P returns, 80% of earnings growth, 90% of capex. (0:31:15) Reminder: No bubble calls — just context. High prices don't equal an inevitable crash. (0:33:10) Concentration vs. valuation: concentration shows weak links to future returns; valuations matter far more. (0:35:05) Market timing trap: U.S. valuations were high in 2021 — selling then would have been disastrous. (0:36:40) The U.S. lost decade: 2000–2010 returns were flat; in CAD, recovery didn't happen until 2013. (0:38:55) Value stocks held up: U.S. value and small-cap value delivered positive returns while broad indexes stagnated. (0:41:00) Recency bias reminder: Canadians once avoided U.S. stocks entirely after a decade of underperformance. (0:44:05) Japan 1989: World's largest market crashes — still not recovered in real terms 36 years later. (0:47:10) Global diversification wins: A 40% Japan-weighted global portfolio still performed fine thanks to U.S. growth. (0:49:00) Cross-country data: Many markets are far more concentrated than the U.S. — still delivered solid returns. (0:52:30) Valuation evidence: Higher CAPE = lower future returns — economically strong pattern across countries. (0:55:40) Core lesson: Diversification + discipline. You will always hold winners and losers — that's the point. (0:57:55) Practical ways to lower concentration risk: global equity funds, small caps, and Canada's 10% cap rule. (1:00:30) Why active managers don't help: only ~30–47% outperform depending on concentration trend. (1:03:25) Final takeaway: high valuations may imply lower returns, but prediction is impossible — stay diversified. (1:05:15) After-show review: Addressing a one-star critique ("Fartcoin Designer") with humour and community context. Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)