The KE Report

Roger Rosmus, Founder, CEO, & Director of Goliath Resources Ltd (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF), joins me for another exploration update at their Surebet Discovery on the Golddigger Property; located in the Golden Triangle of British Columbia.  We review that 48,443 meters were drilled, in 97 holes, utilizing 7 drill rigs, turning 24 hours a day, for 94 days.

 

The 2026 drill program at the Surebet discovery has exceeded expectations with multiple successful large step-out drill holes, maintaining 100% hit rate, and with abundant occurrences of Visible Gold to the Naked Eye (VG-NE).

83 holes drilled in 2026 are still pending for assays that should provide a steady stream of news flow into the new year.

 

The focus of this year’s drill program was on expansion and pushing the limits of the geological model.  The process has proved successful with a number of high-grade gold drill assays already returned when doing substantial 100-meter to 700-meter step-out drilling into the Bonanza and Golden Gate Zones.   Additionally, a new zone of mineralization likely amenable to bulk-tonnage mining methods, has also been identified between those 2 larger zones, dubbed accordingly the “Big Bulk Zone.”

Over 200,000 meters have been drilled to date at the high-grade Surebet gold discovery, and 412 holes out of 483 (85%) contain VG-NE that clearly demonstrates the continuity and predictability of this expansive gold-rich system that remains wide open.  There will be a steady stream of assays being reported in the months to come that continue to infill and expand the deposit at the Surebet discovery.

 

Click here to follow the latest news from Goliath Resources

 

 

If you have any questions for Roger about Goliath Resources, then please email them to me at Shad@kereport.com.

 

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

 

 

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

 

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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.

Today we are joined by Joel Elconin, co-host of the PreMarket Prep Show and founder of the Stock Trader Network, to unpack the stark divergence unfolding across broad market indices and key industry sectors. While headline indices remain buoyant, underlying price action reveals aggressive rotation and significant dispersion under the hood.

Key discussion topics:

The Dichotomy in Market Breadth: The headline S&P 500 has spent two months moving sideways, but equal-weight indices like the RSP have steadily deteriorated for six weeks. We look at whether this persistent crowding into mega-cap tech represents genuine safety or underlying market fragility.

Bond Yield Shifts and the Intraday Tech Rebound: A fresh multi-year low and subsequent green reversal in the 20+ year Treasury bond coincided with an explosive intraday recovery across semiconductor names. We explore what fixed-income volatility is signaling for risk assets.

AI Demand vs. Stretched Valuations: Micron delivered strong guidance and staged an impressive reversal off session lows, reigniting momentum in enterprise AI hardware leaders. We discuss whether exponential earnings growth can continue to justify elevated multiples.

Macro Data and Midterm Election Jitters: With labor numbers ahead and political uncertainty looming, market participants continue to look past economic headlines. We examine why technical price action and dip-buying behavior are overpowering macro ambiguity.

Sector Deterioration in Rate-Sensitive Names: From mortgage rate pressure slamming homebuilders to tightening margins dragging down financial institutions, rate sensitivity is exacting a heavy toll. We assess the risks emerging across housing, healthcare, and lagging energy equities.

 

Stocks and ETFs mentioned: SPY, RSP, TLT, MU, NVDA, MSFT, AMZN, AVGO, AAPL, ACN, XHB, XLE, USO, XLV, XLF

 

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.

Nick Hodge, Co-Owner of Digest Publishing and editor of Foundational Profits and Underground Alpha, joins me for our monthly longer-format discussion on macroeconomic factors moving the markets, his key takeaways from the Precious Metals Summit in Beaver Creek, CO; and his portfolio management strategies in select gold, silver, and copper stocks.

 

We start off reviewing the themes and companies that had his attention at last week’s PM Summit in Beaver Creek.

Nick addresses the encouraging sentiment and companies focused on execution of their key workstreams, versus worrying about whether we are in a bull market.

There has been a steady flow of sector news the last few weeks and Nick highlighted some recent news from Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF), Au Gold Corp (TSXV:AUGC), Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF), and Banyan Gold Corp. (TSXV:BYN) (OTCQB: BYAGF) that stood out to him leading into and during the conference.

We discussed the rising number of spinouts and new spin-cos being created or contemplated, and Nick highlighted:

Riverside Resources Inc. (TSX-V: RRI) (OTCQB: RVSDF), getting ready to spin out Ravena with their Mexican assets, after successfully spinning out both Capitan Silver Corp. (TSXV: CAPT) (OTCQX: CAPTF) and Blue Jay Gold Corp. (TSXV: JAY) (OTCQB: JAYGF)

Latin Metals Inc. (TSXV: LMS) (OTCQB: LMSQF) and Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) are both considering spinouts of assets which are not getting much value in their portfolios at present.

Aldebaran Resources Inc. (TSX-V: ALDE, OTCQX: ADBRF) just successfully spun out Centauri Minerals Inc. (TSXV: CENT).

Next we pivoted to the continued strength in copper throughout this year.

Nick pointed out that after substantial inflows of copper into the US to get in front of potential tariff news from the Trump administration, that the decision not to put a tariff on the red metal, in lieu of higher diesel and inflation readings, did not cause a collapse in copper like it did last summer.

He highlighted Ero Copper Corp. (TSX: ERO, NYSE: ERO) as a name he is still holding, and flagged Koryx Copper Inc. (TSX-V: KRY) as one of the best meetings he had in Beaver Creek and that he strongly considering a position in it.

 

Wrapping up we comingled thoughts on gold, silver, and the macroeconomics at play:

He remains encouraged that we’ll see gold hold above $4,000 and would like to see the yellow metal stay above $4,175.

He sees more potential weakness in Silver and wouldn’t be surprised to see it pull back down to retest $55 again, before moving back higher again.

Nick quickly summarized the macro movers citing trends in the US Dollar, inflation, oil and diesel, geopolitics, and rising short-term interest rates at the short-end of the yield curve due to Fed policy contrasted against flattening rates at the long-end of the curve.

 

 

 

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

 

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.

Another KER Market QuickTake, this time with live charts! Cory and Shad dive into the disconnect between packed conferences (MIF and the Precious Metals Summit in Beaver Creek) and sluggish market action, dissecting where valuations sit today and what the charts reveal across key commodity sectors.

Beaver Creek Sentiment vs. Market Reality: A look inside the atmosphere and record participation at the summit versus current price action, illustrating why an abundance of corporate stories demands disciplined selectivity.

Valuation Disconnects and the SpinCo Trend: Why legacy projects with established ounces appear overlooked while new spin-outs gain traction, and how backfilling market caps with fresh results is separating real value from promotional noise.

Gold and Gold Equities Testing Key Moving Averages: A review of technical retracements, critical support bands, and the diverging performance between major miners and higher-risk juniors.

Silver and Junior Silver Miners Under Pressure: An evaluation of essential support thresholds, declining trading volume, and the indicators that could signal a potential near-term reversal.

Copper Strength vs. Lagging Producer Stocks: How copper futures continue to show technical resilience while underlying copper equities struggle to match the metal's pace.

Critical Minerals and Uranium Chart Setups: A breakdown of rare earths slipping beneath long-term moving averages, alongside uranium's quieter news cycle and evolving contrarian setup.

Energy Equities Navigating Geopolitical Headwinds: Why upstream oil and gas producers have pulled back despite ongoing Middle East tensions, and what the technicals signal for cash-flow-focused investors.

M&A Outlook and Flight to Quality: How corporate balance sheets and fall deal-making dynamics could rotate capital back into standout developers and producers.

 

Summary of Stock & ETF Symbols Mentioned: GDX, GDXJ, SIL, SILJ, CPER, COPX, COPJ, REMX, URNM, XLE, XOP

 

Please let us know your thoughts in the comments or through email! Our email addresses are Fleck@kereport.com and Shad@kereport.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.

Tim Shearcroft, CEO and Co-Founder of BP Silver Corp. (TSX.V: BPAG) (OTCQB: BPSCF), joins us to review the first 2 assay results from the ongoing Phase 2 drill program underway at the Cosuño Silver Project in Bolivia. This Phase 2 drilling forms the first part of a broader ~8,000 m diamond drilling campaign anticipated for 2026.

 

HIGHLIGHTS

Hole CO-0013 intersected a high-grade feeder structure grading 314.3 g/t silver, 2.62% bismuth and 0.74% antimony over 3.0 m, equivalent to 1,328.8 g/t AgEq, within a broader 7.0 m interval grading 168.8 g/t silver, 1.20% bismuth and 0.35% antimony, equivalent to 634.1 g/t AgEq.

The high-grade silver-bismuth-antimony mineralization associated with the silver system, demonstrates the potential for multiple critical and strategic metal by-products at Cosuño.

To date, 20 drill holes have now been completed, and additional assay results will be released as they become available.

 

Within a lithocap system, feeder structures can represent important conduits for mineralizing hydrothermal fluids and may connect to broader vein systems at depth. Importantly, elevated bismuth and antimony were also identified in Phase 1 drilling at Cosuño, including in holes CO-0008 and CO-0009. The increasing silver grades observed down-hole in these holes and in the Pocañita Chica area are particularly encouraging and may potentially indicate that higher-grade mineralization continues down dip and at greater depth. Testing this possibility will be an important focus of the ongoing exploration program in Phase 2 and Phase 3.

 

The Company also reported that the high-resolution drone magnetic ("MAG") survey has been completed, covering approximately 37.5 km², and the induced polarization ("IP") survey has commenced. The geophysical surveys are designed to assist in identifying and refining additional mineralized structures and drill targets across the large silver-rich hydrothermal system. Together with the Phase 1 and Phase 2 drilling, these additional datasets are expected to improve significantly the Company’s understanding of the geometry, continuity, scale, and tenor of the vein and breccia systems across Cosuño.

 

Once this new data gets incorporated into the geological model, then it will lead into prioritizing the targets for the Phase 3 drill program later this year. Tim also highlighted that Pocañita Grande will be getting its maiden drilling during the Phase 3 program, now that they have been developing roads and site access to this important target.

 

 

Click here to follow the latest news from BP Silver Corp

 

 

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

 

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.