The KE Report

In this episode of the KE Report, we chat with Joel Elconin, Co-host of Pre-Market Prep and Founder of the Stock Trader Network, to dissect a sea of red across the tech sector, metals markets volatility, and a pivotal moment for the broader markets.

Key Discussion Points:

Software’s Identity Crisis: Why AI’s ability to write code is making software companies like Microsoft ($MSFT), ServiceNow ($NOW), and Salesforce ($CRM) vulnerable.

The S&P 7000 Barrier: Analyzing the technical rejection at all-time highs and whether the market is forming a topping pattern.

Inflation & Commodities: How the moves in Silver ($SLV), Copper ($CPER), and Oil ($USO) suggest that inflation is far from dead, keeping the Fed on pause.

The Ruthless Machines: The role of algorithmic trading and zero-day options in amplifying market swings and "slamming bids" without regard for fundamentals.

Value Rotation: Why the smart money is moving toward lower P/E stocks and "old economy" winners like General Motors ($GM).

 

Click here to visit Joel’s PreMarket Prep website - https://www.premarketprep.com/

Click here to visit the Stock Trader Network - https://www.stocktradernetwork.com/

 

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For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we sit down with Greg McCunn, President and CEO of Great Pacific Gold (TSXV: GPAC | OTCQX: GPGCF), to discuss the company’s aggressive 2026 exploration strategy at the Wild Dog Project, in Papua New Guinea. Following the release of high-grade results from the Sinivit area, Greg outlines how the company is transitioning from localized discovery to district-scale expansion.

Key Discussion Points

Expanding the Northern Sulfide Zone - Greg details the significance of Hole 15, which returned 13.5 meters at 8.1 g/t AuEq, proving that mineralization remains open and potentially increases in grade at depth.

District-Scale Potential - Insights into the Wild Dog structural corridor, where current drilling at Sinivit covers only 10% of the 15-kilometer strike length.

The 2026 Drill Program - A breakdown of the 10,000 to 20,000-meter drill campaign designed to test high-priority targets including Kasie Ridge, Kavasuki and Mengmu.

New Target Generation - How the company utilizes LIDAR and Mobile MT geophysics to move 25 distinct targets through the exploration pipeline toward drill-ready status.

 

If you have any follow up questions for Greg please me at [email protected]. 

Click here to visit the Great Pacific Gold website - https://gpacgold.com/

 

------------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we sit down with Wendell Zerb, Chairman and CEO of Red Canyon Resources (CSE: REDC | OTCQB: REDRF), to discuss the company’s exploration roadmap for 2026. Wendell breaks down the recently announced drill program at the Inzana Project, specifically focusing on the Osiris Project. Red Canyon is positioned to follow up on historical intercepts that suggest they are on the doorstep of a major discovery.

Key Discussion Points

Osiris Drilling Strategy: A breakdown of the upcoming up to 4,000-meter drill program (2,500m diamond drilling and up to 1,500 m of reverse circulation (“RC”) drilling) at the Inzana Project, targeting high-grade copper-gold clusters similar to the world-class Cadia Ridgeway deposit.

Modern Science vs. Historical Data: How the team is using advanced magnetic modeling and IP geophysics to refine targets that were missed by previous operators in the 1990s.

A Portfolio of Opportunity: Updates on the Kendall Project, a significant porphyry discovery in West-Central BC, and the Scraper Springs project in the Western US.

The Major Backing: Insight into the strategic relationship with Teck Resources and how their 9.9% interest provides both technical credibility and financial stability.

 

If you have any follow up questions for Wendell please me at [email protected]. 

Click here to visit the Red Canyon website - https://www.redcanyonresources.com 

 

--------------------

For more market commentary & interview summaries, subscribe to our Substacks: 

The KE Report: https://kereport.substack.com/ 

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

John Miniotis, President and CEO, and Dave O’Connor, Chief Geologist of AbraSilver Resource Corp (TSX: ABRA) (OTCQX: ABBRF), join me to review the final silver and gold assay results from drill holes completed as part of the Phase V diamond drilling program at its wholly-owned Diablillos project in Salta Province, Argentina.   We discuss how these drill results will be incorporated into the upcoming Mineral Resource estimate (“MRE”), underpinning the Company’s Definitive Feasibility Study (“DFS”), which continues to remain on track for completion in Q2/2026.

 

 

This Phase V drill program has been mostly focused on the Oculto East and JAC zones at their wholly-owned Diablillos property and the final holes demonstrated that JAC is not closed off and yielded more high-grade intercepts:

 

JAC: Strong near-surface silver mineralization continues to expand the Mineral Resource growth potential, including:

DDH 25-096: 57.0 metres (“m”) of 51 g/t silver from 109 m downhole

DDH 25-099: 13.0 m of 477 g/t silver from 151 m downhole

DDH 25-104: 17.0 m of 432 g/t silver & 1.10 g/t gold from 131 m downhole, including 6.0 m at 1,093 g/t silver & 2.42 g/t gold

 

 

We review how these results continue to expand oxide-hosted silver and gold mineralization to the southwest, along the corridor between JAC and Oculto.  Dave points out that prior results in this program also expanded mineralization to the east of the Oculto deposit, extending the high-grade gold zone and highlighting the continued strong exploration upside potential across the Diablillos system.

 

The exploration team now believes these higher-grade gold intercepts are just the top of a porphyry deposit at depth, and pointed to the deeper hole targeting a different porphyry target at Cerro Viejo.   Additionally, we circle back to the Sombra target identified in the Phase IV drill program last year, and how it is possible that there is a parallel trend that could extend from Sombra up to Oculto East, and that more drilling will focus on that thesis in the Phase VI drill program to come.

 

John takes us through the busy year the company has in front of them due to a series of upcoming catalysts all the way though the end of 2026. The drilling data from Phase V will be compiled into an updated Resource Estimate that will come out in parallel with their Definitive Feasibility Study due out in the 2nd quarter of 2026.  

 

Additionally, the Company is waiting on their EIA permits and RIGI approval, which will be the triggers for a decision to begin construction next year. John reiterates why the RIGI laws in Argentina are so economically advantageous to the Company, relaxing currency controls, reducing export duties to 0% over a couple years, and reducing taxation to 25% over a 30-year stability period.

 

Wrapping up John unpacks why all these catalysts will provide opportunities for the company to rerate higher, and he highlights the current valuation has the company is receiving, which is more in line with silver trading in the low $20s; which is stark contrast to spot silver prices trading well north of $100 an ounce.

 

 

If you have any follow up questions for John regarding at AbraSilver, then please email them into me at [email protected].

 

In full disclosure, Shad is a shareholder of AbraSilver Resource Corp at the time of this recording and may choose to buy or sell more shares at any time.

 

Click here to visit the AbraSilver website and read over the most recent news releases.

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Mark Brennan, Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review their Q4 2025 financial and operational metrics at the producing Minera Don Nicolas (MDN) gold mine in Argentina.  We discuss the aggressive 70,000 meter exploration program on tap for MDN into 2026, review the permitting process at the Lagoa Salgada VMS Project in Portugal and the key development catalysts on tap at the Mont Sorcier Iron-Vanadium project in Quebec.

 

Q4 2025 Financial Highlights

 

Gold Equivalent Ounce ("GEO") Production of 13,806 GEO for the 4th Quarter 2025

Full year production of 50,238 GEO; in line with guidance

Initial Underground production at Paloma achieved and now delivering ore to the plant, supporting higher grade throughput and growing production

CIL plant received additional ore from underground development, mainly in December, resulting in total production of 5,968 GEO in Q4 through CIL plant

Heap leach production of 7,838 GEO impacted by low water availability, reducing irrigation capacity

2026 Production Guidance of 50,000 to 60,000 GEO weighted to H2/26

Exploration Program positioned to support resource growth at MDN with four new drill rigs now on site

Development activities continue to progress at both the Lagoa Salgada and Mont Sorcier projects

 

Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the combination of heap leach and underground gold equivalent ounce production for the quarter. With improved crushing for the quantity of ore being put on the leach pads and the contribution of new higher-grade areas from the underground mining running through the CIL plant, this will help reduce down unit costs moving into 2026.  There is an ongoing 70,000 meter drill program that will be looking to extend mine life in a substantial way and find new high-grade areas.

 

Next we unpacked the discuss the purported unfavourable opinion of the environmental impact assessment (EIA) for the Lago Salgada VMS Project in Portugal. This ‘unfavourable opinion’ was issued after expiry of statutory deadline under Portuguese EIA legislation. The Company maintains its position that the project has been tacitly approved. Mark reiterated that the purported unfavorable opinion was issued despite the project being the first mining project in Portuguese history to receive unanimous favourable opinion for the Project by all 14 entities that make up the Technical Evaluation Committee. The Company is working on a resolution and will update the market when it has more information.

 

Moving on to the Mont Sorcier Iron Project in Quebec, there are workstreams feeding into a Bankable Feasibility Study slated for Q2 of 2026. Recent metallurgical test work has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%, which gets a premium in the iron marketplace.  The NPV(8%) of the is project in the prior PEA was US$1.6Billion, so even at a very low multiple being applied to this Project, it more than underpins the current market cap that the company is currently receiving, and yet the market cap doesn’t even fully reflect the gold production asset.

 

We wrap up discussing the underappreciated valuation that the company is receiving for the producing MDN mine in Argentina when compared to peer gold producers with even lower production numbers.  Then, when that undervaluation is viewed in combination with the value proposition from the ongoing derisking work at the Mont Sorcier, then it is clear the market hasn’t been ascribed any value to that project at present; presenting a compelling rerating potential as the Feasibility Study clarifies the project economics.

 

 

If you have questions for Mark regarding Cerrado Gold, then please email those to me at [email protected].

 

In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.

 

Click here to see the latest news from Cerrado Gold.

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.