Doc Jones – Focus Shifting From PM Stocks To Base Metals And Energy Stocks – Emerita Resources, Magna Mining, Canadian Copper, and Cardinal Energy
Doc Jones, private activist resource investor and influencer on Ceo.ca and X/Twitter, joins us for his outlook on the precious metals, base metals, and energy sector and how he is positioned in select stocks within his portfolio.
We start off getting the key macroeconomic factors that him more muted on outsized upside in both gold and silver, after such a big run in the precious metals related stocks so far this year, and really over the last few years. He points out that over the last 3 years that many of the quality PM producers are up 5x-10x or more, and that he had some developers up as much as 15x, so it was prudent to start harvesting gains and raising cash to deploy in other commodities and opportunities that hadn’t run as much.
With regards to the base metals companies, Doc Jones points out that a lot of the polymetallic deposits still have considerable exposure to gold, silver, platinum, and palladium as valuable co-credits. He mentions the rationale for his long-standing interest and key portfolio positions in Emerita Resources (TSX.V: EMO) (OTCQB: EMOTF) and Magna Mining (TSX.V: NICU) (OTCQB: MGMNF); which both have exposure and leverage to a blend of critical minerals and precious metals. He also highlights a new portfolio position, Canadian Copper (CSE: CCI), which also has a solid mix of exposure to both industrial metals and PMs.
Wrapping up we shifted over to traditional energy getting his outlook on both oil and natural gas, but why he is favoring investing in Canadian heavy oil sands projects and natural gas projects. He goes on to extol the benefits of picking up quality energy stocks that pay investors good dividends while they are waiting for fundamental company catalysts and higher future energy prices. Doc Jones highlights Cardinal Energy Ltd. (TSX: CJ) as one example of such a company that he is positioned in.
*In full disclosure, Doc Jones holds a position in these companies discussed at the time of this recording, but is not compensated by any company to market them. These are simply his views and opinions as to why he likes investing in them, but this is not investment advice.
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Much appreciated Lakedweller2. Yes, always nice to catch up with Doc Jones and find out what’s on his radar. We weren’t familiar with Canadian Copper until he mentioned it (but I am quite familiar with the assets that used to belong to Trevali before their bankruptcy).
We are slated to speak with management later next week and will be bringing them on the show to share an overview of their assets and value proposition in more detail. Cheers!
Thursday
Canadian Copper having another good day. EX: Maybe during your interview, you or Cory could ask if they are going to list in the US. I couldn’t find a US symbol so I am 100% cad, Thanks. Looks like they have a decent identified resource and by the trading today… someone agrees… maybe.
Yeah, I was wondering that same thing. I believe the issue with no OTC version of Canadian Copper is that they are listed on the CSE, but they are going to be moving over to the TSX.V soon, so that should open up the over the counter options. For now folks can only trade the primary Canadian ticker through something like Interactive Brokers.
Yes… added a few more cad on IBKR this morning. General markets down at the moment so I guess miners deserve kicking. Where is their dog when they need it.
Merger and Acquisition Opportunities In The Mining Stocks – Part 13
Excelsior Prosperity w/ Shad Marquitz (11-10-2025)
Probe Gold $PRB $PROBF.US / Fresnillo Plc $FRES.L, $FNLPF.US, Mako Mining $MKO $MAKOF.US Sailfish Royalty $FISH $SROYF.US, Coeur Mining $CDE.US / New Gold Inc. $NGD $NGD.US, IAMGold $IMG $IAG.US / Northern Superior Resources Inc. $SUP $NSUPF.U / Mines D’Or Orbec Inc. $BLUE.
https://excelsiorprosperity.substack.com/p/merger-and-acquisition-opportunities-7c5
BTW – Silver futures up over $54 in overseas trading.
Please let us know at what silver price we should get excited if we are holding lots of silver producers and developers.
Do these silver companies have good economics at these prices? 😉
$54 silver…yawn. Now a year from now when its $154…
Duly noted blazesb…
I’ll save the party hats and champagne for $154 silver next year. 🥳
Silver getting smacked down in the general trading session today, now in the high $52’s.
The US Penny Is Officially Dead
Alice Tecotzky – Business Insider • 11/12/2025
“On Wednesday, the US Mint produced the final penny, ending the coin’s 232-year-old life.”
“The coin costs almost $0.04 to make, and ending production will save more than $50 million annually.”
“Some retailers have expressed frustration about the penny shortage and a lack of guidance.”
“It’s a sad day for piggy banks everywhere. And 99-cent stores. And parents trying to teach their children the most basic idiom about frugality.”
“Treasurer of the United States Brandon Beach struck the last one-cent coin in Philadelphia, the US Mint said. Though production has ended, the US Mint said there are still around 300 billion pennies in circulation.”
Wednesday’s event, Beach said in a post on X, symbolized “the return of common sense.”
https://www.msn.com/en-us/money/markets/the-us-penny-is-officially-dead/ar-AA1QjoOC
Deja Vu Comment:
The last few days look like the “old” alternating days scenario. I guess when fundamentals don’t matter and you need to have a “correction”, I guess you resort to what you have been doing for almost 20 years. Price suppression through intervention.
My best guess is, silver is at an inflection point pricewise, my chart says down but the USD says up… traders are on hair triggers at this time and are waiting for more governmental information that they have been lacking to decide on a crash or a melt up direction… just my two nickels worth.
Silver 15m…
Big volume on SLVD the last couple days…
30 year bond auction rate to be posted in 30 minutes, may be a catalyst… 11am MDT.
Yes… I converted one of my mutual funds from foreign investments to the Hoisington Fund which only deals in Treasuries. Lacy Hunt is an advisor and they believe deflation is the more likely scenario moving forward. They agree they are in a minority of opinion
Very near term speculative calls bring you closer to roulette, so take this prediction accordingly.
The next low(er) risk entry point for HL is going to come on a test of the rising 50 day EMA within the next few weeks (something it hasn’t done for 3.5 months now), likely in the $12-13 area.
However, I believe there are decent odds that it could drop back to the $11s in 3 to 5 months, at the very end of its anticipated consolidation. That 3-5 month window is based on my crude estimate of how long it is going to take the 200 day EMA to arrive at the low end of the HL’s range established on Nov. 5 at $11.55. The quicker that MA rises to meet that key low, the quicker this consolidation ends.
If I had cash, I would add to my position at the next test of the rising 50 day EMA, since I am less sure that HL will actually touch the 200 day EMA before this consolidation is over.
Bitcoin is going to fall hard.
https://schrts.co/JHwWGhFt
Bitcoin:GLD
https://schrts.co/cGeWGAZs
That chart looks very ugly.
When MSTR is forced to sell BTC to meet margin, that’s when the collapse truly takes shape.
No surprise, it looks worse than BC.
https://schrts.co/GtehiAKJ
Monthly
https://schrts.co/nzJZNAeU
The BlackRock 60/40 fund topped more than 5 years ago when priced in silver and is down by 50%…
https://schrts.co/gVxEIvPA
JRB showed that chart months ago and it was the clearest, easiest indicator to understand the magnitude of the moment.
We’ve just had a back test of the breakout in late October. This is another green light for wise speculators to just get long now and not worry about the day to day moves. A better setup is hard to imagine. We could definitely form a pennant consolidation here, but any weakness whatsoever should be bought.
SLV ran into Bollinger Band resistance on big volume yesterday and it’s impressive that a day like today hasn’t caused it to fill yesterday’s gap.
https://schrts.co/sHzcVfRX
I am so tempted to short Disney. If it breaks below $79, it is cooked.
Great interview guys. Canadian Copper was one of best performers today along with Group 11 in my portfolio. Overall decent recovery to the “correction”. Waiting for the 20 year uncorrected General Markets to show some reality .. but reality is not reality. So no point in waiting.