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Brian Leni: Gold Stocks Now the "Most Glaring" Bull Market Opportunity

By Charlotte McLeodMar 13, 2024 09:00PM

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Brian Leni, founder of Junior Stock Review, shared his thoughts on sentiment in the resource sector, saying it's probably the worst he's ever seen. In his view, that's an indication that a turnaround is on the way.

"I think we've got to be near a bottom," he told the Investing News Network (INN) on the sidelines of this year's Prospectors & Developers Association of Canada (PDAC) convention.

In the near term, Leni believes gold stocks present the "most glaring opportunity" for a bull market.

"The debt's rising, you have problems in Europe and the Middle East ... so I think there's every reason to think that the gold price and the silver price are going to stay in this range," he explained.

In terms of where he's focusing, Leni said he's moved a lot of money into prospect generators and hybrid prospect generators. In the hybrid model, a company with five projects might option four out and keep one for itself.

He mentioned Aurion Resources (TSXV:AU,OTCQX:AIRRF) in Finland as a stock he's interested in.

"They've been drilling their own property there, but it looks like the value right now that's going to catch the market's attention is actually in their joint venture project, Helmi, with B2Gold (TSX:BTO,NYSEAMERICAN:BTG)," he said.

Watch the interview for more from Leni on precious metals, as well as copper, nickel and oil and gas. You can also click here for INN's full PDAC playlist on YouTube.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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Andrew O'Donnell: Gold, Silver, Energy Transition — Where I'm Putting My Money in 2025

By Charlotte McLeodJan 20, 2025

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Andrew O'Donnell, founder of the Market Mindset, discussed the sectors he's bullish on in 2025, mentioning gold and silver, as well as uranium. He also shared his thoughts on what it will take to bring generalist investors back into the mining sector.

For O'Donnell, cryptocurrency enthusiasm makes it clear that people are willing to put money into high-risk, high-reward sectors — the question is how the resource industry can attract more of this capital.

"All you'd need to do is take a big stance, top down from government, and spend three months to convince people — to reroute the conversation from being 'all extraction is bad' to 'if you want to save the Earth, extraction is the only answer,'" he told the Investing News Network.

For the time being, O'Donnell believes it's important for investors to be selective.

"I think this year could be a very pivotal year — I'm very optimistic that it will be," he said.

"I don't think we'll see the 'all ships will sail' kind of idea that we've seen in the past from juniors. But there are so many, and so many qualified projects that should be doing so much better than they are, and that should give people some hope."

Watch the interview above for more of his thoughts on the topics mentioned above.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

David Erfle: Cash Position Never Larger, Chaos and Volatility Ahead

By Charlotte McLeodJan 16, 2025

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Speaking to the Investing News Network, David Erfle, editor and founder of Junior Miner Junky, shared his outlook for gold and silver in 2025, also explaining what he thinks has been holding gold stocks back.

For Erfle, interest from generalist investors is the key missing ingredient, but it may finally return this year.

"That's what we need — we need to get that generalist investor interest back into this sector. They left in 2012, 2013 and they haven't returned," he explained during the conversation.

"That's created this incredible opportunity in gold stocks, and especially in juniors. We've got a lot of them that are bifurcating higher and doing well, but most are still underowned and definitely being ignored by the generalist investor."

Even so, Erfle suggested that market participants be cautious in 2025.

"Be very careful this year in this market. Build up some cash, have some physical gold, have some junk silver just in case," he said. "Personally, as far as my investments are concerned ... I've never had a cash position this large before, because I'm really concerned about the volatility and the chaos that I think 2025 is going to bring."

Watch the interview for more of his thoughts on gold and silver.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

John Feneck: Gold, Silver, Copper and More — 7 Stocks I'm Bullish on for 2025

By Charlotte McLeodJan 15, 2025

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Speaking to the Investing News Network, John Feneck, portfolio manager and consultant at Feneck Consulting, shared his outlook for gold and silver prices, saying he's bullish on both precious metals.

"The technical setup for gold looks absolutely beautiful — if you look at a 10 year, 15 year, 20 year chart it looks absolutely great," he said. "Now you've (also) got the dynamic of Trump coming in office. I don't see how that's going to cause less volatility, and gold loves uncertainty and volatility, so I think we're going to have a great 2025."

Feneck also gave updates on mining stocks he's watching right now.

On the gold side, he mentioned US Gold (NASDAQ:USAU), First Nordic Metals (TSXV:FNM,OTCQB:FNMCF) and Inflection Resources (CSE:AUCU,OTCQB:AUCUF), which also has a copper component. Feneck also spoke about Aftermath Silver (TSXV:AAG,OTCQX:AAGFF), a company in which Canadian billionaire Eric Sprott has a large position.

He's also interested in copper-focused Questcorp Mining (CSE:QQQ,OTC Pink:QQCMF), and when it comes to "special situations" he has companies like Guardian Metal Resources (LSE:GMET,OTCQX:GMTLF), Demesne Resources (CSE:DEME,OTCQB:DEMRF) and Angkor Resources (TSXV:ANK,OTCQB:ANKOF) on his radar.

Looking forward, Feneck emphasized that he's positive on the resource sector as a whole.

"I think that this year is going to shape up to be a really, really good year for commodities in general," he said.

"And if Trump can pull off the big 'what if' and get Putin to come to the table — that's going to be a game changer for a lot of these commodities that have been underwater, like nickel, platinum and palladium, etc."

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Questcorp Mining is a client of the Investing News Network. This article is not paid-for content.

The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Alain Corbani: Gold's Clear Path to US$3,000 in 2025, Silver's Volatile Outlook

By Charlotte McLeodJan 08, 2025

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Speaking to the Investing News Network, Alain Corbani, head of mining of Montbleu Finance and manager of the Global Gold and Precious Fund, recapped gold's 2024 performance and looked forward to 2025.

His price target for the year ahead is US$3,000 per ounce, and in his view, the direction of interest rates in the US will be the most important factor to watch. When it comes to silver, he's expecting even more volatility than usual.

Corbani also shared his thoughts on the gold stocks, explaining why they aren't rising across the board yet.

"The sector has not performed in a homogenous way — it hasn't. It only performs in a homogenous way at the end — at the peak of a cycle," he commented during the conversation. "For those who don't know where we stand, I can tell them already that we are not at the peak of the cycle — we are far from the peak of the cycle."

Watch the interview above for more of Corbani's thoughts on gold and silver in 2025.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Uranium Investing

Ben Finegold: Uranium in 2025 — Price Outlook, Plus Stocks, Supply and Demand

By Charlotte McLeodJan 06, 2025

Charlotte McLeod

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.

Speaking to the Investing News Network, Ben Finegold, director at Ocean Wall, shared his 2025 outlook for uranium, saying that for him and his firm it remains the most compelling commodity story.

While the market has cooled off since 2024's strong start, Finegold expects both term and spot prices to rise.

He sees the term price ending 2025 in the US$95 to US$100 per pound range, although that could happen sooner given that some contracts are already being signed at those levels. In terms of the spot price, it should rise "well over US$100."

Finegold acknowledged that the past year has been tough for some investors, but emphasized that the uranium narrative is "very, very unique." A key reason for that is the lack of available supply-side response as demand grows.

"It's very, very rare that you see a supply deficit widen over a period where the price has risen three to four times. We remain really excited about uranium, not just (in 2025), but really over the next several years," he explained.

"In terms of commodity stories, it's where we're placing our own bets."

Watch the interview above for more of Finegold's thoughts on uranium, including stock opportunities.

Don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Charlotte McLeod

Charlotte McLeod

Editorial Director

With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.

She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.