Kerry Lutz's--Financial Survival Network

We were joined by Tier One Silver’s CEO/President Peter Dembicki and SVP of Exploration Christian Rios for a sponsor update. The company is resuming its exploration program as the Peruvian rainy season has ended. The Phase one results at the Curibaya project were quite impressive. CEO Dembicki observed that, “… the company is at the start of a major silver discovery.” The company hit bonanza and high-grade silver in a number of drill holes.

Exciting as these discoveries were, there’s every indication that a large copper porphyry deposit is lurking. To aid its efforts, the company brought in two world-class consultants to review the drill results and set the course for Phase two of the program. SVP Rios has laid out a strategy of doing more surface sampling to better develop future drill targets.

The company is also moving forward with its Hurricane Silver project and will be conducting geochemical and geophysical surveys at the Magdalena target area, where five mineralized vein corridors were identified with recent channel sampling results including 6 m of 239 g/t Ag, 1.21% Cu, 0.34% Pb, 0.15% Zn and 1 m of 605 g/t Ag, 0.26% Cu, 5.79% Pb, 0.21% Zn. A social access agreement was recently obtained here.

It’s hard to believe that Tier One was formed a little more than a year ago. The results to date have been impressive, but the company is picking up the pace and more positive news is expected. Fresh from a C$6 million capital raise, the company is well-funded. It’s noteworthy that even in the depressed junior sector, investors enthusiastically ponied up additional funds to advance the company.

With a world-class team and the proven ability to get the job done, Tier One’s future looks bright, and we’re among the company’s shareholders looking for a large return from our patience.

Company Website: www.TierOneSilver.com 

 Ticker Symbols: OTCQB: TSLVF — TSX-V: TSLV

Summary:
Energy prices have skyrocketed. Who is to blame, and are they going to improve? Jeff Petrash, a lifelong participant in the energy system, chats with me in this episode about natural gas and its centrality to today’s energy usage. Current natural gas prices are the product of multiple factors, including the pandemic and the war in Ukraine. This energy source must be understood from the perspective of supply and demand, and its infrastructure. Tune in for more expert insight.

Highlights:
-Natural gas has been doing nothing but going up, and is in the midst of a parabolic move—having a profound effect on the economy
-Natural gas has become more important to the economy over the past 20-30 years than petroleum
-Current natural gas prices are attributed to the war in Ukraine and the pandemic
-During the pandemic, demand for natural gas lowered, so production was decreased
-The demand has come back, but production cannot ramp up again quickly
-The economist will say that the cure to high prices is high prices
-We’re seeing double digit gas prices in Europe, and they’re going to want to cut back on their dependency on Russia as much as possible
-ESG bandwagon has tried to divert investments away from fossil fuels
-Does it make sense to build an infrastructure that won’t be needed in the next 40 years?
-We have a relatively basic industry, but it’s not fully understood

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