Kevin Drover CEO and President of our sponsor Aurcana Silver came by for an update on the high-grade Revenue Virginius mine. Last year he assured us that silver production would commence summer of 2021 and he’s about to deliver. 

Kevin is a no hype leader who does everything in his power to deliver, pandemic or not. He’s so committed that he moved to Colorado to personally oversee the mine’s opening. And it worked. Metal should be going through the mill later this month. The first concentrate will be produced by August. 

The best news yet, the ore from the first cross-cut is even richer than anticipated. While 36 oz per ton was expected, they got 39 oz. per ton  The vein width was thought to be 1.6 feet, but the first cut was 2.5 foot. Full mill capacity of 270 tons per day should happen in September, along with the resulting positive cash flow. And then it’s on to the Texas Shafter Mine and once that starts production in a couple of year, all bets are off. (We own shares in Aurcana)

Go to Aurcana.com to get the latest updates. Ticker symbol on the AUN for Canadians and for US investors it’sl AUNFF. 

Direct download: Kevin_Drover_Aurcana_06.Jul.21.mp3
Category:general -- posted at: 8:01am EST

We followed up with Ivan Bebek and Peter Dembicki on Tier One Silver (sponsor). A lot’s been happening in Peru and with the Curibaya Project, so an update was due. Dembicki explained that they expanded Curibaya’s total land package by 50 percent. Its prospects for success have also gone up dramatically and Co-Chair Bebek explained why. 

The “Jewelry Box,” bonanza grades of surface silver/gold have been impressive, with over 164 samples of 200+ g/t silver and 60 samples 2 g/t gold in 3 principal vein corridors. There have been 81 samples of over 500 g/t silver and 60 samples of 2+ g/t gold as well. With a fully funded 10,000 meter drill program under way, it’s a wonder that the team gets any sleep at all. They're starting believe that this system appears to be far larger than even they expected.

The recent election saw a populist candidate take the Peruvian presidency, but Bebek is mostly unconcerned. Taxes were going up anyway, not just in Peru, but around the globe. The president-elect understands that mining is the backbone of Peru’s economy and has appointed ministers who are consistent with that belief. 

When asked about current share valuation, Co-Chair Bebek stated that the present price could be a great entry point, especially in light of how encouraging the first drill hole has been. He explained that it's taking longer to complete, which is a sure sign that mineralization runs deep. With all this going for it, Tier One Silver appears close to a major success in its world-class treasure hunt. 

Website: www.TierOneSilver.com  TSX.V - TSLV

Direct download: TierOne_Ivan_Peter_06.Jul.21.mp3
Category:general -- posted at: 8:00am EST

We spoke with sponsor Trillion Energy CEO Art Halleran. He just announced plans to accelerate natural gas production in the SASB Field and expects gas to start flowing in late Q4. This is a major breakthrough for the company. It has large proven Black Sea gas reserves and has been working on a major financing to get it all into production. Covid-induced relays have occurred. Undeterred, Art has come up with a plan to get cash flowing to the tune of $1-$2 million dollars per month, with the lowest possible capex. By drilling from existing platforms, costs are dramatically reduced, as are production times. The larger deeper wells will be drilled shortly after completion of the larger financing. 

Art is doing this through a combination of financing mechanisms: including internal cash, warrant exceleration and royalty sales. While it hasn’t been an easy ride by any strectch, Art gives us his three key factors in making SASB a reality, in his own words, “Persistence, persistence, persistence.” 

And that’s exactly what he’s done throughout his 4 year tenure at Trillion. To conserve cash, he’s accepted a reduced salary paid in company stock and he’s implemented a number of other cash conservation policies. Now, he’s closer than ever to commencing drilling in the gas-rich SASB fields and seeing production begin in Q4. Persistence does indeed pay off. Shareholders should see the benefits shortly. (We own shares in TCF)

Direct download: 025_Trillion_Energy_FSN.mp3
Category:general -- posted at: 8:19am EST

Todd Toback is training others in the real estate industry, especially in wholesaling.  His No Limits Sales System focuses on the 3 Pillars of making it BIG: acquiring property directly from sellers while learning the mindset, skills, and habits to make it happen.  He's teaching others how to play the long and short term game in real estate, ultimately changing their lives forever. 

Direct download: Todd_Toback_01.Jul.21.mp3
Category:general -- posted at: 8:01am EST

Ed Karr successful professional investor says always be humble. Be happy to pay taxes on your winnings. Losses aren’t taxable. Everyone misses opportunities when looking in the rearview mirror. In 2009 Ed had a tip on Bitcoin and blockchain. He purchased his first Bitcoin at less than $20 and sold it at 10x later for a stupendous profit, as it went to $65000. Ed admits that at times he’s taken profits too quickly. In 2004 Ed helped finance a Canadian Uranium producer that went sky high. He sold everything and the stock doubled again, but he still made a lot money. Trying to buy at the low and sell at the high is hard. Look at the company, is it the right structure at the right time? US Gold Corp is exactly the kind of company Ed is talking about. 7mm shares with a very small float. And it’s listed on the NASDAQ and highly liquid. And it’s got a great asset, the CK Gold project with a PEA and an upcoming PFS. And an amazing CEO - George Bee. $11 per share and $77 million market cap, with major assets on the books, means this could be a big winner. Know what you know and know what you don’t know and get the experts who do. 

Direct download: Ed_Karr_30.Jun.21.mp3
Category:general -- posted at: 8:00am EST

Stock markets were mixed in June: Dow was flat at 34503, S&P 500 added 2.3%, Nasdaq was up a huge 5.5%, Russell 2000 up 1.9%, TSX added 3.3% TSX.V up 2.2%. VIX down to a stable 15.65. Dollar reversed course and was up up an impressive 2.8% to 92.35 and Euro was down 3%. 10 Year is yielding 1.45%. Bitcoin was down another 5.3%. Gold was slammed 7.29% to 1770. Silver was off 7% to 26.10. Pt down a massive 9.8%. Pd was off slightly .6% for the month to 2712. Copper corrected 8% to $4.24, after hitting a 10 year high in May. Oil was up big, WTI up 10.8% to 73.47. Brent up 7.9% to 75.13. Natgas shot up another 22.1% to 3.65. Uranium rose 3.3% to $32.33, extending the up trend. 
 
Ratios:  Au:Ag normalizing at 67.8, Pt:Au .60, Pt:Pd .39 (going lower still) BRT:WTI 1.02, WTI:HH 20.1 and AU:WTI 24.1, getting back to it's historic levels.  
Direct download: Mickey_Fulp_01.Jul.21.mp3
Category:general -- posted at: 4:38pm EST

We sat down with Pat Varas CEO of Norden Crown Metals (sponsor). He just completed a financing. We wanted to connect  with him to see where the company is heading. (We are shareholders)

Pat is optimistic about the world-class Gumsberg VMS project in the Bergslagen district. Norden Crown is focused on advancement of the multiple mineralized trends there. The project looks to be rich in zinc and silver. The application of modern mining techniques to this under-explored area will bring major results. It’s a broken hill type deposit, which means the deposit could be quite substantial. Since the 1200's, the area has had a long mining, prior to any uses for zinc. For theses reasons Pat says, “The prospectivity [is] fantastic.”

In Norway Norden is joint venturing on a very promising copper project. Due to the world’s quest for expanded electrification, increased copper demand is virtually assured, a major plus for the company.

Zinc is also a metal in tune with the electrification theme. Great progress been made in zinc-air battery development. It could eventually rival lithium, especially for large-scale storage batteries that will hold many mega-watts of electricity. 

As it happens, Scandanavia has a rich history of mining and their rules are quite favorable. The permit procedures in place allow an applicant to obtain permits in as little as 6 weeks. Infrastructure is high quality and there’s a sense of certainty in dealing with these countries, you just need to rigorously follow the rules. 

He expects to embark on an ambitious drill program this summer and is currently sourcing drilling equipment and expects a quick start. 

Pat has positioned Norden to Crown to take advantage of favorable metals market trends and lead the company forward to success. 

Company website: www.nordencrownmetals.com  Tickers: TSXV:NOCR - OTC:NOCRD - FRA:03E

Direct download: 024_Norden_Crown_FSN.mp3
Category:general -- posted at: 8:00am EST

The more you can control your desires, the more you can control your financial life. Remote work opportunities give you the opportunity to live in lower cost areas and thereby improve your living standard and your ability to save. Good reliable talented people are harder than ever to find. And that means opportunity for people with a great work ethic and a desire to succeed. States that don’t levy an income tax can provide greater opportunities than other high tax states. Low/no tax states are seeing amazing growth and high job opportunities. Time to take ownership and responsiblity for your life, regardless what the government says or does. It’s the only route to long-term success. Jeff is a low-risk person. He’s invested in instruments based upon his needs, taking the least amount of risk to cover his needs. Zero interest rates are a real challenge to that effort. Energy, utilities, staples and other essentials are a good safe place to be. 25-75% in equities, using Benjamin Graham’s rule of thumb. 

Direct download: Jeff_Socha_30.Jun.21.mp3
Category:general -- posted at: 8:00am EST



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