How to Confidently Speculate in Junior Mining Stocks with Bill Powers & Brian Leni
Bill Powers and Brian Leni offer firsthand tips on how to confidently speculate in junior mining stocks in their monthly MSE episode. They discuss key insights gleaned from the past month of MSE interviews. They share the top books to read for new mining investors as well as books all speculators should know. The pair chat about investor psychology behind bubbles and lazy speculation. Other topics engaged are the role of life financings and warrants in Canadian markets, issuer confidentiality agreements, how Bill was recently conned, deal flow sources, Ecuador as a mining jurisdiction, geo-politics impact on small-caps and much more. Listen to these two full-time mining speculators share insights and reflect upon your own approach to junior mining speculation!
0:00 Introduction
1:08 June MSE interviews insights
4:44 Mega-pump psychology
6:48 “Fear is a rational response to laziness”
9:32 FOMO vs Fear of loss
11:30 Warren Buffett
14:07 Management believability
18:01 Lumina Gold & Ecuador
22:01 Life financings
24:20 Warrants
34:07 Confidentiality Agreements
36:21 Must-read books
41:15 Bill was conned
45:46 Geo-political impact on small-caps
49:43 Deal-flow