Brien Lundin, editor of the Gold Newsletter and New Orleans conference host, gives a PDAC recap full of industry optimism. He discusses how cut-off grades can suddenly inflate resource counts. Exploration stories and standout juniors take center stage. He also highlights emerging themes like tungsten and a rare dual bull market in monetary and base metals.
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insights INSIGHT
PDAC Showed Broadly Stronger Company Stories
The PDAC floor felt materially different this year with broad, credible stories instead of mostly weak pitches.
Brien Lundin observed that the vast majority of companies he knew had solid investing arguments and are likely to trade higher within a year.
volunteer_activism ADVICE
Actively Vet Winners Not Every Good Story
Do focus on finding the fastest horses in the stable by actively managing and vetting winners from the many quality stories.
Brien recommends intense, active management and refusing more surface pitches until proper due diligence via Zooms is done.
insights INSIGHT
No Single Formula For Picking Exploration Winners
Brien uses a mix of project quality, team credibility, and market positioning rather than a single formula to pick exploration winners.
He looks for projects with discovery potential, alignment to hot commodities like silver, and proven management execution.
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In this episode, we are joined by Brien Lundin, Editor of the Gold Newsletter and host of the prestigious New Orleans Investment Conference. Brien provides an insider’s recap of the recent PDAC and MIF conferences in Toronto, sharing why he believes the resource sector is currently on the verge of a historic re-rating.
Key Discussion Points:
Market Sentiment and PDAC Recap: Brien discusses the overwhelming enthusiasm at recent industry conferences, noting that for the first time in years, the vast majority of companies are presenting fundamentally strong investment arguments.
The Power of Cut-Off Grades: As gold prices reach new heights, companies are recalculating their resources. Brian explains how dropping a cut-off grade can instantly increase a project’s defined ounces by 50% to 100%, significantly boosting the bottom line.
Production vs. Exploration Dynamics: While majors are maximizing production to capture high margins, Brien highlights why the exploration end of the market remains the most exciting area for triple-digit returns.
Strategic Stock Picks: Brien shares his current outlook on specific companies, including Prospector Metals (PPP.V) and Cassiar Gold (GLDC.V), as well as emerging opportunities in critical metals like tungsten through Spartan Metals (SPAT.CN).
A Dual Bull Market: We explore the rare occurrence of a simultaneous secular bull market in both monetary metals (gold and silver) and base metals (copper), driven by intense supply constraints and high demand from the tech sector.
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 or investment product. Investing in equities, commodities, really everything 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.
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