Richard Postma, AKA Doc, joins us to discuss his long-term technical outlook on precious metals, other commodities, and the U.S. equity markets. Doc provides an in-depth analysis of gold's performance, highlighting its recent all-time highs and discussing potential overbought conditions. He also evaluates the current positioning of gold stocks, including both mid-tier and junior mining companies, and shares his bullish projections for the precious metals market over the next several years. Additionally, Doc addresses the impact of potential Federal Reserve rate cuts, the broader equity market environment, and the situation with other commodities such as copper and silver.

Rory Ritchie, Chief Geologist and Director at Kobrea Exploration (CSE:KBX - OTCQB:KBXFF - FSE:F31) joins me to provide a company overview walking us through a condensed slide deck.

We discuss the Company’s recent accumulation of projects in the underexplored world-class copper district of Western Malargue, Mendoza province. This special video presentation delves into Kobrea’s strategic advantage, having secured ground before the official announcement out of Mendoza in April 2024.

Rory provides a comprehensive overview of the combined project's large-scale porphyry prospects, totaling over 12 porphyry targets. The conversation highlights the initial exploration plans for the upcoming work season, which will include geophysical surveys and mapping to further refine drill targets for drilling next year. Rory also elaborates on one highly promising target, El Perdido, and explains how the Company is using existing data from the prior explorer, VALE.

Please email me at Fleck@kereport.com with any follow up questions you have for the team at Kobrea.

Click here to visit the Kobrea Exploration website to learn more about the Company and Project.

Erik Wetterling, Founder and Editor of The Hedgeless Horseman website, joins us to discuss two junior resource companies that have put out recent news to the market; where he is attracted to the current value proposition.

• Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) announced September 12th that it has entered into a definitive share purchase agreement dated September 11th2024 with a subsidiary of KGHM International Ltd to acquire a portfolio of copper, nickel, platinum, palladium assets located in the Sudbury Basin. Magna will acquire the producing McCreedy West copper mine, the past-producing Levack mine, Podolsky mine, and Kirkwood mine, as well as the Falconbridge Footwall (81.41%), Northwest Foy (81.41%), North Range and Rand exploration assets.*

• Western Alaska Minerals (TSXV:WAM) (OTC: WAMFF) announced on September 10th an update on the 2024 discovery at the Warm Springs Target, on its 100% owned Illinois Creek project in western Alaska. This is appearing to be a CRD type mineralization, where Silver-zinc-lead mineralization has been intersected Including 1.15 m @ 687 g/t Ag, 33.64% Pb, and also 2 m @ 88.5 g/t Ag, 2.39% Pb, 4% Zn.

* In full disclosure, the 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.

* In full disclosure, Shad is also a shareholder of Magna Mining at the time of this recording.

Click here to visit Erik’s site – The Hedgeless Horseman

While at the Precious Metals Summit in Beaver Creek I had the chance to sit down and get an update from the management team at Fury Gold Mines (TSX:FURY - NYSE:FURY). Tim Clark, President and CEO, and Bryan Atkinson, Senior VP Exploration at Fury Gold Mines joined me to discuss the types of companies they were meeting with at the conference and provide an update on the recent Serendipity discovery on the Eau Claire Project.

Starting with the conference meetings, they noted that 75% of meetings were with corporate entities, showing increased focus on all of Fury's assets. The Eau Claire project in Quebec is highlighted, including the spring resource update that added 40% more ounces. I ask what these corporates are looking for and what types of deal Fury management are looking for.

Shifting to the recent drill results, Bryan elaborates on the new Serendipity discovery, explaining the systematic exploration approach that led to this discovery and potential at many other targets. We discuss possible follow up work at this new discovery and future drilling planned at the Eleonore South.

We wrap up with a financial overview of the Company, including a market cap of about C$80 million, with approximately $5 million in cash and significant holdings (around 19%) in Dolly Varden Silver.

If you have any follow up questions for Bryan and the team at Fury please email me at Fleck@kereport.com.

Click here to visit the Fury Gold Mines website to learn more about the Company and read over the recent news.

Martin Turenne, President and CEO of FPX Nickel (FPX-TSX.V & OTCQB:FPOCF) joins me to discuss recent advancements in the Baptiste Nickel project located in British Columbia. FPX Nickel is pushing forward one of the world's largest undeveloped nickel projects.

We recap recent news releases from July 30th and September 3rd. The first announces FPX Nickel's adoption of cutting-edge technology to minimize carbon intensity, aiming for the bottom 5% of global nickel producers in CO2 emissions. The second highlights significant support from BC Hydro and the provincial government to facilitate the project's progression.

Martin discusses the formation of a new Critical Minerals Office by the BC government, designed to prep both FPX Nickel and provincial ministries for upcoming environmental assessments. Martin emphasizes the importance of First Nations community engagement and consent as the project moves toward its 2025 environmental assessment target. We also delve into FPX Nickel's strategic partnerships with Sumitomo Metal Mining, Otokumpu, and a confidential third strategic investor. These partners each hold a 9.9% stake, forming a technical advisory committee that meets quarterly to guide FPX Nickel's strategic advancements.

FPX Nickel is well-funded with over $40 million in the bank and no fundraising needs until 2026.

Click here to visit the FPX Nickel website and learn more about the Company and Project.

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of PreMarket Prep joins me to break down this week's market dynamics. The discussion covers unexpected market reversals, V-bottom formations, seasonality, and the impact of liquidity.

Joel also provides insights on tech stocks like Nvidia and Apple that show strong relative performance. The conversation dives into commodities, highlighting recent rallies in gold, silver, oil, and copper, explaining the factors influencing their movements. Joel wraps up analyzing Oracle's earnings and unexpected investor day announcements.

Click here to visit Joel’s PreMarket Prep website.

In this KE Report Weekend Show Dave Erfle and I report live from the Precious Metals Summit in Beaver Creek, Colorado. We discuss the bifurcated market for metals stocks, with clear winners vs struggling companies, and explore investment strategies for investors building out portfolios of gold equities.

Topics include the mood of the conference, the importance of picking the right stocks, challenges in raising capital, and potential opportunities in both producing and development stage companies. We also touch on the state of copper plays and the broader outlook for the precious metals sector.

We hope you all have a great weekend and thank you for tuning in!

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

Sean Brodrick, Editor of Wealth Megatrends and contributing analyst to Weiss Ratings Daily, joins us to outline opportunities that he is seeing in the more defensive sectors of insurance, cybersecurity, REITs, regional banks, and utilities, as geopolitical uncertainty increases, and as macroeconomic factors continue to weaken.

Sean points out the resurgence of the Japanese Yen leading to more carry trades unwinding, which could then be further exasperated if the Fed rate cutting cycle leads to any US dollar weakness versus the Yen. He points to the oil markets being subdued, with expectations for a slowdown in the US, European, and Chinese economies. While he doesn’t think a recession is imminent in the US, even though macro data is weakening, he does believe Europe is slipping into a recession without their access to cheap Russian natural gas.

One recent trend Sean highlights is the rotation out of the big tech leadership like Nvidia, Apple, Google, Taiwan Semiconductor, and into more defensive A.I. adjacent sectors like fintech, insurance, and cybersecurity. We also discuss the more defensive trend recently of investors rotating funds into REITs, regional bank stocks, and utilities for the better dividends and variable dividends.

Click here to follow along with Sean’s work at Weiss Ratings Daily and Wealth Megatrends

Click here to learn more about Resource Trader