Mining Stock Education

Bill Powers

Profit from resource and precious metals investing as you learn from the best in the industry and discover quality mining investment opportunities with the Mining Stock Education podcast.

  1. 1d ago

    First Phosphate: “378% Increase in Indicated Mineral Resources” - CEO John Passalacqua

    “We are pleased with the results of our 2025-2026 drilling exploration program and the quantity and quality upgrade provided to our Mineral Resources,” said First Phosphate CEO, John Passalacqua. “We are now able to continue to move the project forward with great confidence in our Mineral Resources.” First Phosphate’s updated Mineral Resource Estimate saw a 378% increase in Indicated Mineral Resources for its Bégin-Lamarche project in Saguenay-Lac-Saint-Jean, Québec, Canada when compared to the Company’s Initial MRE dated September 9, 2024. 00:00 Intro 00:30 Resource Update Highlights 02:04 Feasibility Plan Funding 03:19 Cutoff Grade Explained 04:01 Warrants Shareholder Support 05:08 Clean Capital Structure 06:29 Agnico Deal Industry Signal 09:56 Investor Outreach Strategy 10:48 ADR: How It Works 12:25 Next Catalysts Timeline 13:03 Why Focus on Phosphate First Phosphate Introductory Interview: https://www.youtube.com/watch?v=eD7t1Q7OZfU Press releases discussed: https://firstphosphate.com/begin-lamarche-phosphate-resource-update-2026/ CSE: PHOS – FSE: KD0 – OTCQX: FRSPF – OTCQX-ADR: FPHOY Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor First Phosphate pays Mining Stock Education a United States dollar ten thousand per month coverage fee. First Phosphate’s forward-looking statement found in the company's presentation applies to the content of this interview. 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/

    17 min

  2. 2d ago

    Junior Miner Junky’s David Erfle: ‘Buy the Boredom’ in Gold Stocks (before the next leg up)

    David Erfle of Junior Miner Junky says buy the current boredom and weak sentiment in gold and junior mining stocks amidst strong Q1 miner profits and historically low sector open interest. Erfle argues the recent sideways action after a sharp gold and silver run-up and correction is normal consolidation before another up leg, citing ongoing central-bank gold buying, selling of U.S. Treasuries, stagflation dynamics, and currency debasement risks. He notes that miners are showing relative strength near 200-day moving averages and are benefitting from lower oil prices. David compares undervalued gold equities like Newmont to expensive broader equities, discusses Equinox Gold’s acquisition of Orla and Perpetua’s EXIM Bank loan for the Stibnite project. Erfle emphasizes contrarian positioning, patience, and expecting false moves before breakouts. 00:00 Intro 01:55 Consolidation Not Collapse 04:30 Macro Gold Drivers 07:15 Fed Trap & Valuations 09:29 Equinox-Orla Merger 10:29 Perpetua’s EXIM Bank Loan 10:56 Speculating on Uncertainty 12:16 Novel Mining Methods 13:22 Gold Silver Copper Focus 14:47 Sentiment & Fake-outs 19:43 Buy Boredom Wrap Up 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/

    23 min

  3. 2d ago

    Investors Pushback, Skill vs Luck, & Director Incentives – Junior Mining Insights with Powers & Leni

    Bill Powers and Brian Leni discuss listener feedback and why shareholders often don’t push back when they are unpleased with management. The duo emphasizes building a disciplined investing process, protecting the downside, and avoiding FOMO. The conversation covers “luck” versus skill, learning from losses, and when to use other investors’/groups’ reputations as decision-making inputs. Brian’s talks about his Aurion investment that ultimately paid off despite timing delays. They also debate director compensation (cash vs options), red flags in board incentives, the power and danger of narrative-driven promotions, conference value (PDAC, Beaver Creek, Quebec City, Rick Rule’s), and avoiding market-timing seasonality. 00:00 Intro 01:18 Shareholder pushback 07:58 Skill vs luck 17:23 Responsibility and timing 23:23 Following smart money 27:20 Aurion takeover 31:24 Director incentives 37:59 FOMO and discipline 41:16 Picking conferences 43:56 Narratives and hype 52:14 Summer outlook Brian’s website: https://www.juniorstockreview.com/ Brian’s YT: https://www.youtube.com/@FIELD_NOTES Bill’s Twitter: https://x.com/MiningStockEdu Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 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/

    57 min

  4. May 21

    Howard Marks’ “You Bet”: Process, Probability, & Proposition Applied to Junior Mining Speculation

    MSE host Bill Powers applies Howard Marks’ January 2020 memo “You Bet” to junior mining speculation, emphasizing that decision quality and outcomes aren’t the same because both luck and process drive results. Drawing on Annie Duke’s book “Thinking in Bets,” Powers urges probabilistic thinking, accurate assessment of one’s own skills and being comfortable uncertainty. Marks’ framework distinguishes games by hidden information, luck, and skill. Powers argues junior resource markets are less efficient “alpha markets” where skill does matter. A key lesson is evaluating the “proposition” (odds relative to the price) rather than just picking the “favorite” or “best.” Action items: read the memo, read Duke’s book, and audit recent investments for accurate proposition identification and probabilistic reasoning. 00:00 Mindset Reset 00:31 Howard Marks Memo 02:10 Process Not Outcome 04:34 Thinking in Bets 06:16 Games Luck Skill 08:19 Alpha Markets Edge 09:06 The Proposition 12:02 Nifty Fifty Junk Bonds 14:14 Eight Gambling Lessons 19:57 Second Level Thinking 20:27 Action Items Howard Mark’s “You Bet” memo: https://www.oaktreecapital.com/docs/default-source/memos/you-bet.pdf?sfvrsn=785dbe65_8 Annie Duke’s “Thinking in Bets”: https://www.annieduke.com/books/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Bill Powers is not a licensed financial advisor. 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/

    26 min

  5. May 19

    “Eighty Thousand Ounces of Gold Production in 2027” projects Contango’s CEO Rick Van Nieuwenhuyse

    MSE host Bill Powers interviews Contango Silver and Gold CEO Rick Van Nieuwenhuyse for a quarterly update. Contango produced about 8,000 oz of gold in Q1 from its 30% share of the Manh Choh Mine with 2026 guidance maintained at 40,000–45,000 Au oz due to the transition from the North Pit to pre-stripping the larger South Pit; production is expected to rise through the year, with higher output projected later (including 75,000–80,000 oz in 2027) and lower costs after pre-stripping. The company reduced its hedge book to ~22,000 oz and expects to be hedge-free and debt-free by year-end, and received a $9M JV dividend with three more expected this year. They discuss gold/silver price volatility, anticipated index buying, Lucky Shot drilling and feasibility work under a direct-ship ore model, Johnson Tract permitting and site prep with a March 2028 permit timeline, and a June Kitsault Valley resource update targeting near 100M oz silver followed by ~40,000 m of drilling, alongside evaluating mill acquisition options and post-merger integration. 00:00 Intro 00:48 Q1 Production and Guidance 02:38 Hedges Debt and Dividends 03:32 Gold Price and Cash Flow Outlook 05:48 Hedging Strategy Explained 06:55 Merger Stock Move and ETF Flows 08:57 Lucky Shot Drill Program 11:27 Direct Ship Ore Capex Risks 13:18 Johnson Tract Permitting Roadwork 15:48 Kitsault Valley Resource and Drilling 19:18 Mill Acquisition Options 19:59 NYSE Bell and Integration Press Release Discussed: https://contangoore.com/contango-announces-results-for-the-quarter-ended-march-31-2026/ https://contangoore.com/ NYSE & TSX: $CTGO Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Contango pays MSE a United States dollar seven thousand per month coverage fee. The forward-looking statement disclaimer found in Contango’s most-recent company slide deck found at www.ContangoOre.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/

    24 min

  6. May 16

    “Massive Discovery”: 5.3km Continuous Copper Strike Now Defined says Midnight Sun’s Adrian O’Brien

    MSE host Bill Powers interviews Midnight Sun Mining VP Adrian O’Brien for an update on the company’s Dumbwa copper discovery in Zambia’s Copperbelt. O’Brien shares how the company has now defined continuous copper mineralization over 5.3km of strike. He explains the release of assays from 99 drill holes after lab delays and QA/QC issues, saying results confirm continuity, scale, and a clear geological analog to Barrick’s neighboring Lumwana mine, with variable grades consistent with a bulk-tonnage system. He discusses the 20-km copper-in-soil anomaly, methodical fence-line drilling (four rigs, ~10,000 m/month, ~$160/m), expansion drilling to better discover and define the mineralization, and ongoing work toward completing the fully funded first 11 km of strike by end of Q3. The conversation also covers analyst reports, pending assays sent to Intertek, and plans to monetize the Kazhiba near-surface oxide resource (2.33 Mt at 1.41% Cu) to fund Dumbwa non-dilutively, plus general risk disclaimers about mining stocks. 00:00 Intro 00:49 Big Assay Release 02:35 Copperbelt Context 03:28 Market Reaction and Grade 08:06 Scale and Drill Plan 09:09 Funding and MRE Timing 10:25 Copper Clearings Explained 13:24 Analyst Coverage Takeaways 15:21 Kazhiba Oxide Monetization 16:52 Assay Lab QAQC Fix 19:18 Data Transparency and Next Steps 21:15 Expansion Drilling Adjustments https://midnightsunmining.com/ TSXV:MMA OTCQX:MDNGF Haywood Analyst Report (May 2026) SCP Capital Analyst Report (May 2026) Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Midnight Sun Mining pays MSE a United States dollar ten thousand per month coverage fee. The forward-looking statement disclaimer found in Midnight Sun’s most-recent company slide deck found at www.MidnightSunMining.com applies to everything discussed in this interview. Bill Powers will not buy any MMA.v shares until five trading days after MSE’s initial 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/

    30 min

  7. May 12

    7 Targets & 65 Holes over 18 Months: Coppernico Metals to Drill Sombrero Project with CEO Ivan Bebek

    Coppernico Metals CEO Ivan Bebek provides an update on the Sombrero Project in Peru, focusing on the Tipicancha target, where trenching/channel samples returned 22 meters of 0.6% copper and recent test pits suggest the mineralized footprint extends kilometers south within a large hydrothermal system. Ivan says Sombrero now has 7 drill-ready targets and a minimum 65-hole program over 18 months, with drilling to begin at Fierrazo, then Tipicancha, and later Nioc, while awaiting a major drill permit that could allow a couple hundred holes. He discusses strong interest for a strategic financing, macro tailwinds from a tight copper market and disruptions like Grasberg, ongoing community programs, and limited impact expected from Peruvian elections, concluding with standard mining-risk disclaimers. 00:00 Intro 00:19 Sombrero Project Update 01:07 Tipicancha Target Breakthrough 03:35 Drill Plan Seven Targets 04:34 Copper Macro Tailwinds 06:10 Permits and Timeline 06:36 Marketing and Share Price 09:17 Financing Strategy 11:32 Peru Politics and Community 14:22 Upcoming Catalysts Recap Sponsor: https://coppernicometals.com/ TSX:COPR; OTCQB: CPPMF; FSE: 9I3 Press release discussed: https://coppernicometals.com/coppernico-advances-multi-kilometre-tipicancha-copper-gold-target-ahead-of-initial-drilling/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor Coppernico Metals pays MSE a United States dollar seven thousand per month coverage fee. 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/

    19 min

  8. May 10

    “We'll Have the Largest Silver Resources of Any Company on the Planet”: Ross Beaty on Lumina Metals

    Bill Powers interviews mining legend Ross Beaty, joined by investor Gianni Kovacevic, about Beaty’s Lumina “franchise” history of acquiring and monetizing large undeveloped deposits and the new IPO, Lumina Metals (TSX: LMCU). Beaty describes the company’s copper-silver discovery in Poland as potentially the world’s largest undeveloped copper-silver deposit, with over 1 billion ounces of silver resources and about 10 million metric tons of copper, plus a second target that could lift silver resources above 2 billion ounces. They discuss the April 30 IPO, a five-year path to mining license approval, strong infrastructure and workforce, proximity to an underfed smelter and a cooperation agreement with KGHM, Poland’s high copper tax and plans to reduce it, reasons for post-IPO share volatility, and intentions to pursue a U.S. listing after 12 months. Ross Beaty stated: "So it's a global scale deposit; more than a billion ounces of silver in resources, about 10 million metric tons of copper in resources…So these are giant deposits…Another discovery we made, and we're going to be servicing value on that one. Maybe it will be the same size as Nowa Sól, which could take our silver resources to over two billion ounces. So that's pretty exciting. I think together right now they're about one and a half billion [ounces] between the two deposits. So it's absolutely world-class. However you cut it, we'll have the largest silver resources of any company on the planet, I think, and that will command a premium valuation once we get into that silver retail crowd who I know so well from having founded Pan American Silver" 00:00 Intro 00:46 Meet Ross and Gianni 01:36 Why Lumina Matters 02:54 Lumina Franchise Origins 05:12 Poland Copper Silver Breakthrough 07:58 IPO Timing and Advantages 10:42 Smelter Deal and Infrastructure 13:12 Poland Taxes and Royalties 14:12 IPO Price Action Explained 17:26 US Listing and Silver Upside 19:25 Exit Paths and Lassonde Curve 22:27 Wrap Up and Disclaimers https://www.luminametals.pl/ TSX: LMCU Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 This was not a sponsored interview. The forward-looking statement disclaimer found in Lumina Metals’ most-recent company slide deck found at https://www.luminametals.pl/ 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/

    26 min
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4.7
out of 5
144 Ratings

About

Profit from resource and precious metals investing as you learn from the best in the industry and discover quality mining investment opportunities with the Mining Stock Education podcast.

Information

  • Creator
    Bill Powers
  • Years Active
    2017 - 2026
  • Episodes
    500
  • Rating
    Clean
  • Copyright
    © All rights reserved
  • Show Website
    Mining Stock Education

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