My Coal Stocks and Why I'm Not Worried About Uranium (Yet)
Also; 4 CEO interviews (Potash, Lithium, Copper, Zinc, Gold)
Last Week on Resource Talks
My Coal Stocks and Why I'm Not Worried About Uranium (Yet) | Matt Warder Interview
Potash & Lithium Exploration in the US | American Potash CEO Interview
Copper & Zinc Development in New Brunswick | Canadian Copper CEO Interview (CSE: CCI)
Exploration & Development in Chile & Peru | Camino Corp CEO Interview (TSX-V: COR)
Gold & Silver Exploration in Chile & Argentina | Astra Exploration CEO Interview (TSX-V: ASTR)
My Coal Stocks and Why I'm Not Worried About Uranium (Yet) | Matt Warder Interview
5 Takeaways
Coal’s Necessity: Coal remains essential for reliable baseload power and steel production, with no immediate alternatives capable of replacing its role.
Geopolitical Complexity: China, India, and Russia dominate coal market dynamics, with shifting policies and trade flows driving volatility.
Higher Price Floors: Rising costs and limited supply capacity have established a higher price floor for coal, even as demand fluctuates.
ESG Influence Fades: While ESG pressures have impacted coal financing, practical energy needs have softened anti-coal narratives.
Investments: Matt is focused on low-cost producers, companies with growth potential, and those prioritizing shareholder returns.
Gold & Silver Exploration in Chile & Argentina | Astra Exploration CEO Interview (TSX-V: ASTR)
5 Takeaways
Manchuria Drill Program in 2025: Astra is preparing a 2,200-meter drill program at Manchuria to target high-grade feeder zones, but success hinges on understanding the complex controls of mineralization in this early-stage project.
Cost Management: The company has a G&A burn rate of $35,000 per month, but the team acknowledges that costs will rise as activity ramps up.
Portfolio Complexity: With three projects in play, including the concealed Pampa Paciencia system and Cerro Dominador’s copper target, Astra will have to work out how to balance resources without diluting shareholder value.
Dilution Awareness: CEO Brian Miller identifies managing dilution as a top priority, recognizing it as a certainty in junior exploration, while emphasizing the need to align spending with meaningful exploration outcomes.
High-Stakes Exploration: Astra’s projects are in proven mining jurisdictions, but their success depends on drilling concealed targets, obtaining permits in Argentina, and securing strategic deals to fund ongoing work.
Exploration & Development in Chile & Peru | Camino Corp CEO Interview (TSX-V: COR)
Copper & Zinc Development in New Brunswick | Canadian Copper CEO Interview (CSE: CCI)
5 Takeaways
Focus on Capital Efficiency: Canadian Copper is leveraging the Murray Brook deposit and Caribou Mill to establish a cost-effective path to production by 2027.
Financing as a Key Challenge: The company must secure strategic partnerships or project-level financing to fund the $100 million needed for development and acquisition.
Addressing Environmental and Regulatory Needs: The project includes detailed planning to manage acid mine drainage and ensure compliance with permitting requirements.
Building Local and Indigenous Relationships: Success relies on fostering strong partnerships with the First Nation and ensuring local communities benefit from the project.
Prioritizing Development Over Exploration: While exploration opportunities exist, the company is focusing resources on advancing the Murray Brook-Caribou integration to achieve near-term cash flow.
Potash & Lithium Exploration in the US | American Potash CEO Interview
5 Takeaways
New CEO: Simon Clarke, with a background in resources, has taken over as CEO to lead a new phase for American Potash.
The Goal: The company is pursuing potash and lithium projects in Utah’s Paradox Basin, aiming to validate historical data through drilling.
Financing: A recent $1 million financing provides a short-term runway, but additional funds are required to advance exploration.
Consolidation: The share structure is being consolidated, with a focus on raising awareness among U.S.-based investors and avoiding expensive, short-term promotional efforts.
Objectives: Key objectives include conducting confirmation drilling, delineating resources, and evaluating strategic options for the potash and lithium assets.
Upcoming Interviews
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Thank you for reading and have a wonderful week.
Respectfully,
Antonio A.