Mining Stock Education

In this month’s Junior Mining Insights discussion, Bill Powers and Brian Leni bring back the ‘Shady, Scam or Strategic?’ segment. Three recent questionable actions by CEOs and directors in the junior mining sector are discussed. The duo also shares firsthand experiences with lying CEOs and scumbag directors. The episode concludes with chat about developers and the DCF dilemma?!

00:00 Intro
0:53 Shady CEO?
5:26 BCSC scam?
8:08 Lying CEO?
10:26 Mistaken Trust!
14:55 Dirty Director?
20:02 Scamming Execs?
26:30 Shady Projections?
29:11 Stealing CEO?
35:40 DCF Dilemma!

Press Releases discussed:
https://www.bcsc.bc.ca/about/media-room/news-releases/2026/23-ceo-pays-bcsc-25000-for-late-insider-reports
https://www.emeritaresources.com/news-and-media/news-releases/emerita-resources-corp-discloses-osc-application-for-enforcement-proceeding-regarding-historical-matters
https://canexmetals.ca/site/assets/files/5359/gold_basin_nr_26-3_termination_of_charles_straw_final.pdf

Brian’s website: https://www.juniorstockreview.com/
Brian’s YT: https://www.youtube.com/@FIELD_NOTES
Bill’s Twitter: https://x.com/MiningStockEdu

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Bill and Brian and not licensed financial advisors. Mining Stock Education offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Pro investor David Erfle provides commentary about gold, silver, and junior miners after a sharp correction. Erfle says the current “boring” 2–3-month consolidation is bullish base-building after roughly 200% moves in GDX/GDXJ, noting relative strength in the TSX Venture and miners versus silver, and COMEX open interest at 20-year lows as gold rises without heavy speculator leverage. He highlights strong central-bank physical buying and dollar diversification (including China’s continued purchases). Erfle discusses his approach of accumulating and trimming positions, his 23-stock junior portfolio and watchlist, a preference for earlier-stage sub-$150M market-cap names, due-diligence red flags for late-stage developers, and why Newmont’s strong earnings and free cash flow are positive for the sector, while also addressing insider selling and subscriber concerns.

00:00 Intro
00:26 Gold Silver Pullback
00:59 Bullish Consolidation Signs
03:33 Comex & Central Banks
06:26 Accumulate Juniors
08:15 Trim Profits Strategy
10:36 Developer Due Diligence
11:31 Early-Stage Focus
13:00 Newmont Earnings Impact
16:42 Insider Selling Signals
18:04 Subscriber Questions
22:09 Disciplined Seling

David’s website: https://juniorminerjunky.com/

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

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 stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. 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/

Rick Rule discusses recent mining M&A including G Mining’s acquisition of G2 Goldfields, which Rule views as uniquely accretive due to roughly $1B in 10-year operating and capital synergies from developing a unified district. They also cover Agnico Eagle’s consolidation in Finland as a logical infrastructure-leveraging deal, its disciplined per-share accretion framework, and its junior investments as a “farm team” to gain toeholds and information advantages. Rule warns lithium is not scarce and sees many deposits chasing limited build capital, while noting uncertainty around direct lithium extraction. He argues Middle East energy shocks will most benefit uranium via energy-security policy shifts, explains factors in assessing mine builds and capital stacks, describes traits of elite geologists, and outlines his free natural-resource portfolio review service.

00:00 Intro
00:36 Rule Symposium Preview
03:40 G Mining Buys G2
06:29 Agnico Consolidates Finland
10:03 Agnico Junior Farm Team
13:52 Lithium M&A and DLE Risks
18:23 Middle East Shock Boosts Uranium
20:37 Can Juniors Build Mines
24:33 Spotting Elite Geologists
36:30 NextGen Uranium Premium
42:40 Portfolio Reviews and Wrap Up
43:58 Outro and Disclaimers

Rule Symposium July 6-10 in Boca Rotan, FL: https://cvent.me/XOqdLa?via=mse

If you would like Rick to review your mining stock portfolio reach out to him at:
https://ruleinvestmentmedia.com/

Rule Investment Media YT channel: https://www.youtube.com/@RuleInvestmentMedia

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

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/

“Drilling at Eau Claire continues to reinforce resource continuity and demonstrate resource growth potential outside of the current block model between resource blocks in shallow previously untested areas,” commented Tim Clark, CEO of Fury Gold Mines. “Phase 2 drilling will continue to de-risk and expand Eau Claire, as we focus on connecting the current mineral resource outside of the PEA mineable portion to bring more of the existing gold ounces into a future development scenario, unlocking additional value for shareholders.”

Tim Clark, CEO of Fury Gold Mines, provides an update on the advancements at the Eau Claire gold project in northern Quebec as well as an overall corporate update along with SVP Bryan Atkinson.

0:00 Introduction
0:23 Drill results
1:59 Expansion potential
3:03 Talent acquisition
4:50 Bryan’s new venture
7:00 Resource update
8:21 Treasury
9:27 Catalysts

Sponsor: https://furygoldmines.com/
Ticker: FURY
Press Release discussed: https://furygoldmines.com/fury-intercepts-12-50-g-t-gold-over-7-02-metres-outside-theeau-claire-block-model/

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Sponsor Fury Gold Mines pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement found in Fury Gold’s most-recent presentation found at www.FuryGoldMines.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/

Will Thomson of Massif Capital reviews three stock picks he has shared on MSE over the years and discusses two other stocks he currently owns. He also explains why “country risk” is company-specific and depends on the relationship between a firm and the state, not an inherent risk in a country. Thomson argues consistent returns in real-asset equities come less from predicting commodity prices and more from identifying management teams that execute, noting commodity price explains much of day-to-day moves but little of longer-term equity returns beyond about 90 days.

00:00 Show Intro and Guest
01:29 Easy Money vs Full Cycle
03:00 Why Commodities Cancel Out
07:15 Where Massive Cap Invests
09:05 Equinox Gold Playbook
12:17 Kazatomprom Fundamentals Win
15:10 Global Atomic and Niger Risk
22:05 Fixers Versus Bribes
23:06 Playing the Lobbying Game
24:29 Mexico Cartel Risk
27:17 Jurisdictional vs Geological Risk
27:57 Alphamin Exit Strategy
30:15 Security Versus Jurisdiction Risk
31:15 Lithium Americas Trade Lessons
32:54 Favorite Metals Right Now
33:45 Fund Management Marketing
36:46 Where to Follow Will

https://x.com/wmthomson22
https://massif.substack.com/

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

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 stock in a company featured on MSE, for your own protection, you should assume that it is MSE’s owner personally selling you that stock. 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/