Junior mining stocks are in a 2-year base since 2022, with the S&P 500 up 70% and gold up 80%, but juniors only up 10%, marking the biggest base in nearly 20 years.
The expected junior mining breakout is driven by the resource price rally, with gold, silver, and copper significantly up since 2022 lows, and copper more than doubling since the 2020 crash.
Palisade offers a conservative play on the junior mining breakout, trading at a 60% discount to net asset value with positions in companies like Nevada King, New Found Gold, and Golden Planet.
The junior mining sector presents a big opportunity for investors, with potential for a new bull market in 2025, similar to the 2011 breakout.
Recent Canadian polls favor Conservatives winning the majority at 40% versus Liberals at 30%, with Conservatives typically overperforming polls due to right-wing stigma.
Silver Tiger Metals’ drilling program intersected 3 meters of 1,526 g/t silver equivalent in the sulfide zone, indicating a massive sulfide body with high-grade silver and base metals.
The sulfide zone extends over 1 km in length, with 750 meters of 4,500 g/t material suitable for long-hole mining of bulk valuable ore.
Analysts from Desjardins, Ventum Capital Markets, and SCP Research have upgraded share price targets to an average of over $1, reflecting strong market recognition of the project’s potential.
The company is preparing a Preliminary Economic Assessment (PEA) for the underground mining phase, expected in May-June, to provide detailed economic analysis.
Mexico’s permitting environment has improved significantly, with 14 major permit amendments granted recently and expectations for open-pit and underground mining permits in the first half of 2025.
Silver Tiger Metals plans to expand its underground drilling program to two rigs, focusing on further defining the sulfide zone and other high-grade targets at the El Tigre project.
Federal Reserve’s theory of preventing recessions contradicted by 18 cyclical recessions since its establishment in 1913/14, suggesting rate cuts are the worst possible response.
Central Banking theories claiming to prevent recessions are “absolutely insane”, as evidenced by historical economic cycles and recurring bubbles.
Tariffs and protectionism during economic downturns, as seen in the Dutch Tulip Mania of 1637 and subsequent bubbles, exacerbate depressions rather than alleviating them.
Global recession likely to trigger protectionist measures, with potential European bans on US imports and US tariffs on Mexico and Canada, potentially increasing unemployment by 10%.
Climate change threatens to erase $1.4 trillion in real estate value, with waterfront properties at risk of becoming “part of the water”.
California wildfires driving up insurance rates, making fire insurance prohibitively expensive for many residents.
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