More turnover than I usually like over the last few weeks, but in a royalty-and-special-situations-focused mining portfolio, there’s going to be a lot of movement when consolidation finally comes to the royalty companies.
AREC’s tailings tailwind
AREC is the controlling shareholder of ReElement Technologies.
Nobody wants your Athabasca uranium junior
The days of Cameco and Rio in a bidding war for Hathor Exploration are gone and won’t be coming back.
Cheap industrials?
I am looking at distressed industrials where there is some real value post-Liberation Day if you’re willing to venture down market cap.
Interesting links: July 20, 2025
Andrew Walker explains why he is sizing up on pre-deal SPACs, which he sees as a valuable call option.
Royalty report: Ecora, GROY, Morien, VOX
Once you start seeing royalties, it’s like seeing dead people or going to a strip club on a Tuesday afternoon. You can’t just unsee that.