The KE Report

Fury Gold Mines - Éléonore South Drilling Underway

Tim Clark, President and CEO, and Bryan Atkinson, Senior VP Exploration at Fury Gold Mines (NYSE:FURY - TSX:FURY) join me to discuss the commencement of Phase 1 drilling at the Éléonore South Gold Project in Quebec. 
 
The update covers the specifics of this initial drilling program, which includes 6,000-8,000 meters over 15-20 holes, marking the first drilling on this strategically situated project adjacent to the Eleanor mine. The conversation delves into the unique geological features of the site, including its undrilled targets and the geophysical techniques used to identify drilling locations. They also provide a historical context of the Éléonore mine, including current production, resource grades, and the remaining mine life of the mine. The discussion touches on the company's ongoing financial health, future drilling plans, and the potential for significant discoveries that could enhance the company’s value.

Guanajuato Silver – Outlook On Gold And Silver, And How Political Developments In Mexico Are Impacting The Mining Sector

James Anderson, CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins us for a higher-level discussion on his macro outlook for both gold and silver, and how recent price trends will influence the mining equities. Additionally we also review how political developments within the new administration in Mexico are impacting the mining sector in this jurisdiction. We often talk with James about these topics “off-mic” and thought it would be engaging for listeners here if we recorded a conversation “on-mic” on some of these key areas that are on investors minds with regards to precious metals stocks.  
 
Guanajuato Silver produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mining centers are located within the state of Guanajuato, which has an established 480-year mining history. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The operations team is also augmenting material at the Cata processing facility in Guanajuato with ore from both the historic Horcon Mine project, located in the state of Jalisco, and from stockpiles at the Pinguico mine. This effectively means they are seeing production from 6 of their mines, even though only the 4 primary mines have active ongoing underground mining. 
 
 
If you have any follow up questions for James on Guanajuato Silver, then please email us at either Shad@kereport.com or Fleck@kereport.com and we’ll get those addressed by management or covered in future interviews.
 
Click here to follow the latest news from Guanajuato Silver
 
Click here to check out the bullion store at Guanajuato Silver

Palamina - Andrew Thomson - Canadian Dollar At 20 Year Lows, The Film Industry Model Correlated To Resource Juniors

Andrew Thomson, President and CEO of Palamina (TSX.V:PA & OTCQB:PLMNF) joins me to share his insights into Palamina's plans this year a the Company’s projects in Peru, and provides analysis on current market conditions, including the impact of Trump's 25 percent tariffs on Canadian businesses, the dynamics of the strong U.S. dollar, and the implications for American investors in Canadian resource companies.. 
 
He highlights the unusual combination of a strong U.S. dollar and high gold prices.. Andrew shares his personal investment success stories, emphasizing the importance of high-grade discoveries. The conversation delves into the current market trends, the role of major and mid-tier companies in driving investment down to junior stocks, and the challenges posed by a lack of retail interest and stringent regulations. 
 
To close out the interview, Andrew provides insights into Palamina's drilling plans at its projects in Peru, alongside a broader commentary on the market potential of silver and other commodities.
 
If you have any follow up questions for Andrew please email me at Fleck@kereport.com.
 
Click here to visit the Palamina website to learn more about the Company.

Chris Taylor Is Back! Aquitaine Metals Introduction

That’s right Chris Taylor is back as a CEO of a gold exploration Company. Chris, formerly President and CEO of Great Bear Resources who led the Company to be acquired by Kinross in 2022 for US$1.4billion, is now the CEO of Aquitaine Metals. Aquitaine is exploring for gold in France at the Limousin Project.  Chris joins me to focus on the Limousin Project, in the Limousin Mining District, the largest historic mining district in France. The discussion covers the French government's renewed interest in mining, the project's vast gold potential, and the strategic significance of antimony, a critical mineral. Chris also talks about the well-educated French workforce and the efficient permitting process, as well as the short-term drilling plans and long-term plans for going public.
 
Click here to visit the Discovery Group website.  

Robert Sinn – Gold And Silver Had A Good January – How Will This Filter Down Into PM Mining Stocks?

Robert Sinn, (aka Goldfinger on CEO.ca and CeoTechnican on X) and publisher of Goldfinger Capital on YouTube and Substack, joins me to share his technical outlook on gold’s breakout, and silver’s move higher last week and over the month of January; along with how these moves in the metals are filtering down into the precious metals stocks. Additionally, he weighs in on China’s economy and approach to buying gold on a national level and from everyday citizens.  We also get into the psychological aspects of being a good investor or trading as a speculator. This is a longer-format conversation with Robert that really covers a lot of ground, and is well worth the listen to gain his insights on the macro and micro within the resource sector.
 
https://ceo.ca/@goldfinger
 
Click here to follow Robert on X/Twitter
 
https://www.youtube.com/@GoldfingerCapital/videos
 
Follow Robert’s analysis on Substack

Weekend Show - Matt Geiger & Mike Larson - Investing In Gold and Copper Stocks, The DeepSeek AI Narrative Shift

Welcome to The KE Report Weekend Show! On this weekend’s show we focus on investing in commodities stocks, private placements and a couple individual stocks that have market attention. We also look at the broad markets and how a shift in the AI trade has impacted a range of markets, some positively, some negatively. 
 
Please go back through our website (https://www.kereport.com/) and Podcast (https://rebrand.ly/KER-Podcast)  to listen to all our market commentary and company interviews. 
We hope you all have a great weekend! 
 
Segment 1 & 2 - Matt Geiger, Fund Manager and Managing Partner at MJG Capital kicks off the show by providing a comprehensive review of his fund's performance in 2024. Matt further explains investment strategies, red and yellow flags for private placements, and details his approach to stock picking. We also feature discussions on Koryx Copper, focused in Namibia, as well as Amarc Resources and current market excitement around its recent copper-gold discovery in BC.
Click here to visit the MJG Capital website to learn more about Matt’s fund. 
 
Segment 3 & 4 - Mike Larson, Editor in Chief at MoneyShow, wraps up the show dissecting the week's major events, focusing primarily on news from the AI sector (DeepSeek) and its market impact. We delve into DeepSeek's recent innovation in AI models, which promises efficiency and cost reductions. Larson highlights how these developments have affected associated sectors like chipmakers and energy. The discussion shifts to broader market trends, revealing a noticeable shift in outperformance from tech to other sectors, such as small caps and industries like finance, real estate, and materials. We also explore the potential longevity of the bullish run in gold and commodities.
Click here to find out about the upcoming MoneyShow conferences.

Peter Krauth – Pro Tips On Investing In Junior Silver Stocks – Blackrock, Summa, Dolly Varden, GoGold, and Kingsmen

Peter Krauth, author of the book The Great Silver Bull and editor of the Silver Stock Investor newsletter, joins me for a wide-ranging discussion on the macroeconomic factors continuing to move the precious metal sector, and some pro tips on investing junior silver stocks.  This is a longer-format conversation where we cover many areas of consideration like the recent trends in physical buying from Eastern and Western repositories, the positioning from countries and investors in front of the coming Trump administration tariffs, and the anticipated effects from inflation trends.
 
The silver companies that Peter and I discuss, which he had featured on his panel at the recent Metals Investor Forum in Vancouver, Canada include:  Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF), Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF), Dolly Varden Silver Corporation (TSXV: DV) (OTC: DOLLF), GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF), and Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF).
 
Click here to visit Peter’s site and follow along with his analysis of the silver sector

Marc Chandler - Impact of Central Bank Policies and Tariffs on Global Currency Markets

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins us to discuss the latest developments in the global currency markets. We discuss the roles of central bank policies and Trump's tariffs as key drivers of currency fluctuations. 
 
Key points include the hiking of interest rates by the Bank of Japan, the Federal Reserve's current pause, the Bank of Canada's recent rate cut, and expectations for the Bank of England and ECB. The episode also explores how tariffs affect currency values and central bank decisions, particularly regarding Canada's economic response and the Mexican peso. Marc shares insights on the outlook for the U.S. dollar, the economic implications of potential tariffs, and considerations for market segments amid these uncertainties.
 
Click here to visit Marc’s site - Marc To Market.

Dave Erfle - Gold & PM Stocks Recap: Gold Breakout, Discovery Silver Major Acquisition, Permits In Mexico

Dave Erfle, Editor of the Junior Miner Junky joins us to recap the strong moves in gold as well as gold and silver stocks. 
 
We start by highlighting gold’s strong performance around the $2,850 mark.Dave provides his insights on the breakout of gold, silver, and mining stocks and the impact of macroeconomic factors like inflation and GDP growth. 
 
The conversation transitions to recent developments in Mexico’s mining sector, including Discovery Silver’s significant US$425 million deal to acquire the Porcupine Gold Complex and new environmental permits being issued. Dave explains how this impacts the sector, especially for other juniors waiting for permits and struggling with liquidity. 
 
We also explore why some silver companies are diversifying into gold, and how this strategic move affects leverage and volatility in the market. Dave shares his insights on investment strategies, emphasizing optionality plays and the importance of being positioned in small-cap growth-oriented producers and later-stage developer explorers. Finally, the discussion touches on the potential for increased M&A activity as companies seek growth opportunities amid a bullish market.
 
Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

Cosa Resources – Winter Drilling To Commence In February At The Murphy Lake North Uranium Project, In The Athabasca Basin

Keith Bodnarchuk, President and CEO, and Andy Carmichael, VP of Exploration of Cosa Resources Corp (TSX-V: COSA) (OTCQB: COSAF), both join me to review the news released on January 20th, which announced the core drilling plans for the Murphy Lake North Project for the winter exploration program. Murphy Lake North is a joint venture between Cosa and Denison Mines Corp. (TSX: DML) (NYSE American: DNN) and is located in the eastern Athabasca Basin, Saskatchewan.  Cosa is the project operator and holds a 70% interest with Denison holding a 30% interest.
 
Keith walks us through the history that their experienced team has previously working for Denison Mines, as well as IsoEnergy, and their familiarity with this area of the eastern Athabasca Basin. In conjunction with this exploration campaign several other team members from Denison have joined the team at Cosa Resources, and they will be helping to support these exploration efforts.
 
Andy then walks us through the 1,600 meters of drilling planned for the first campaign on Murphy Lake North since 2005, and how the Larocque Lake Trend has been significantly revitalized since the 2018 discovery of the Hurricane Deposit – the world’s highest-grade Indicated Mineral Resource for uranium. He walks us through the 2 main target areas, which include the interpreted strike extension of Hurricane Deposit geology of the CH1 and CH2 conductive trends proximal to favorable historical drill results and intersections of uranium mineralization, within Murphy Lake North and following up on historical. 
 
Keith the wraps up providing the projected timelines where the mobilization of drill and crew has already started and will continue into early February, and once everything is in place the drilling should take about 4 weeks to complete. There is the potential to have radioactivity readings from the drill core following that, and then an anticipated quick turnaround for the drill assays.
 
If you have any questions for Keith or Andy regarding Cosa Resources, then please email them in to me at Shad@kereport.com.
 
In full disclosure, Shad is a shareholder of Cosa Resources at the time of this recording.
 
Click here to see the YouTube video with accompanying graphics
 
Click here to follow the most recent news from Cosa Resources