Catt Calls: No Fear Finance

Gold is down around 25%, silver is back near the mid-$50s, and the miners have been ground down along with everything else, so is this a correction in a bull market or the end of Commodity Supercycle 2.0? In this week’s Coffee with Catt, Simon Catt explains why he believes we’re less than halfway through the cycle, why gold and silver can make new highs in 2027, how AI earnings and the US midterms...

In just two months, John Dorward, executive chairman of Ausgold (ASX: AUC) and Roxmore Resources (TSE: RM), delivered two golden exits worth over a billion dollars in cash and shares for shareholders. In this episode, Simon Catt sits down with John Dorward to unpack how he did it: from spotting a mispriced asset and solving the farmer access dispute that stalled Ausgold’s Katanning Gold Project fo...

The Tungsten price is up around 10x in a year, so have we missed it? In this Coffee With Catt, Simon Catt says we’ve missed the easy money but not all of it, and explains why he’s started building a position in Blue Moon (TSX: MOON) and The Elmet Group (NASDAQ: ELMT) after visiting its Springer tungsten mine in Nevada. We look at why tungsten is the “war metal”, how US-China rivalry and global rea...

Vizsla Copper's SVP Corporate Development, Keith Bodnachuk (standing in for Vizsla Copper CEO Craig Parry) explained how Vizsla Copper (CVE: VCU), spun out of Vizsla Silver (TSE: VZLA) and part of the Inventa group, has built up its copper portfolio through M&A, from the Woodjam and Poplar porphyry projects in British Columbia to the Palmer VMS project in Alaska. He covered the strong dril...

Michael Allen, President & CEO of StrikePoint Gold (TSXV: SKP | OTCQB: STKXF), joins Simon Catt from Catt Calls to break down the Northumberland Gold Project, the Nevada asset StrikePoint is buying from Newmont (NYSE: NEM) for US$70M cash plus up to US$50M in contingent payments, funded by a C$190M bought deal financing. Northumberland is a past-producing, Carlin-style deposit with an initial...

Sun Valley Minerals CEO Christo Stem joins Simon ahead of the company's Toronto Stock Exchange listing to explain how it has quietly become the largest landholder in Uruguay, and why it is fully funded to start drilling as soon as it lists. Sun Valley Minerals has grown its Taruman belt position from roughly 50 kilometers to close to 150 (licences granted and applications filed), with high-gra...

Rainbow Rare Earths (LON: RBW) CEO George Bennett returns to the Arlington Rapallo mining conference to explain how the US government's $110/kg NdPr price floor has reshaped the rare earths market, helping lift Chinese prices from around $60 to $130-140/kg and pushing heavy rare earths like dysprosium and terbium to Western premiums. He covers the $50 million US DFC equity commitment to the Ph...

Mithril Silver and Gold CEO John Skeet joins Simon Catt in Rapallo to explain what has changed in the last year at the Copalquin district in Mexico's Sierra Madre. They cover the upgraded Target 1 resource, the new Target 4 drilling along the Copalquin-Zaragoza structure, and why Skeet says "we've definitely got the scale". They also get into Mithril's drilling results, inclu...

Jason Jessup, CEO of Magna Mining (TSX: NICU), explains what a new strategic investment from Alpayana, the private Peruvian miner with five producing mines in Peru and one in Mexico, means for the company's Sudbury growth plans. He covers McCreedy West's turnaround and positive cash flow, the upcoming Levack PEA and Crean Hill pre-feasibility study, and why he expects Magna Mining to be a...

Mackay Gold & Silver (CVE: MACK) CEO Darwin Green on reviving Nevada's legendary Comstock Lode, 35 minutes from Reno. Interviewed by Simon Catt. Discovered in 1859, the Comstock helped build San Francisco and produced over 8 million ounces of gold and roughly 200 million ounces of silver, at historical grades of around 35 g/t gold and 725 g/t silver. The last of the big underground mines s...

Fitzroy Minerals CEO Merlin Marr-Johnson joins Simon Catt to explain how the company plans to turn Chilean copper exploration into cash flow. At Buen Retiro, a high-grade oxide copper project near Copiapó, the CEO says a low-capex SX-EW heap leach operation could potentially cost $120-150 million to build and produce 20,000-30,000 tonnes of copper a year at all-in costs below $2/lb, with a possibl...

Contango Silver & Gold's (NYSEAMERICAN: CTGO) President, Sean Khunkhun, joins Simon Catt to explain why he thinks the company is one of the most misunderstood names in the mining space. Sean says Contango is trading at around 0.2x NAV against peers at 0.7x, while generating strong free cash flow from its 30% share of the Manh Choh mine and funding its projects without issuing new equity. T...

Simon Catt sits down with Ben Cleary of the Tribeca Global Natural Resource Fund at the Arlington Rapallo mining conference in Rapallo, Italy, to ask where we really are in the commodity cycle. Ben argues that G20 rearmament will be a bigger driver of commodity demand than China's urbanisation boom, and explains why about a quarter of Tribeca's portfolio sits in critical minerals like tung...

CEO of Blue Moon Metals (CVE: MOON) Christian Kargl-Simard, speaks with Simon Catt in Rapallo on the day Blue Moon announced a $175M tungsten deal backed by the US Government. With China cutting off APT (ammonia paratungstate) exports, Blue Moon's Springer complex in Nevada is, in Christian's words, the only major permitted and unused APT plant in the world. He explains how $150M of Depart...

The Tin Price has gone 15x since 2005 — from $3,650 to over $55,000 a tonne. Tin Mining Experts Mark Thompson, Metals X (ASX: MLX) Executive Director Brett Smith, and First Tin (LON: 1SN) CEO Bill Scotting to unpack the 1985 Tin Council collapse and 20-year stockpile overhang that set up today's shortage, the unsubstitutable demand driving electronics, AI, EVs and electrification, and why smel...

Tungsten miner, EQ Resources (ASX: EQR) Managing Director Craig Bradshaw explains how the company went from financial crisis — negative $100 million working capital in mid-2025 — to generating up to $40 million a month in free cash flow. He breaks down tungsten's structural supply deficit, China's 85% market control, the incoming 2027 Western defense ban on tungsten from countries of conce...

Simon Catt joins Fin for another Coffee with Catt to unpack his latest article, "Buckle Up." They dig into why US diesel crack spreads are at all-time highs and what that means for commodity margins, why Simon still believes we're early in Commodity Supercycle 2.0 despite a possible 20% equity correction, and why Treasury yields — described by Stanley Druckenmiller as "the most important price in...

Is $300 silver realistic? Peter Krauth (The Great Silver Bull, Silver Stock Investor) breaks down his price targets via the gold-silver ratio, why the official silver deficit figures under count the real shortfall, how solar and AI demand are reshaping the market, and his top 3 silver stock picks accounting for geopolitical risk.00:00 – Intro 01:20 – Is Peter Krauth a Perma Bull? 02:23 – The Great...

Tungsten prices are up 1000% in the past year — William Parry-Jones, AKA Mr Tungsten, explains why. Simon Catt and Parry-Jones break down China's 83% control of tungsten supply, the 2025 China export ban, and how defense, tungsten carbide and critical minerals demand is driving the tungsten price, tungsten mining and recycling shock — plus what it means for western reshoring, tungsten investing an...

Trader Ferg & Simon Catt discuss Ferg's high conviction trades, deep value investing, trading psychology, and hard lessons from leverage trading.   00:00 Intro 01:10 Discovering Deep Value Investing 04:20 Trading mistakes, Leverage and losing it all 07:00 Opening Merging Market Brokerage Accounts 10:00 Buying Exchange Operators thesis (Anti-Dollar Trades) 16:15 The Emerging Market Trade (Banks...

Are gold and silver mining shares cheap after the recent correction? Are AI companies really in a bubble? Financial writer, author and investor Dominic Frisby  @moneymarketsandmore  joins Simon Catt to discuss the outlook for gold, silver, Bitcoin, mining stocks and commodity investing. Dominic explains why he believes many gold and silver mining shares now offer compelling value, while warning th...

Justin Huhn, founder of Uranium Insider, joins Simon Catt for an in-depth discussion about the uranium market, nuclear power and the outlook for uranium stocks. Justin explains why the uranium bull market may still have much further to run, despite the recovery in uranium prices and mine production since the 2016 bottom. With global nuclear capacity expanding, China building dozens of reactors and...

Simon Catt joins Fin to discuss the new gold and silver setup, why he believes the precious metals correction may be close to ending, and how SpaceX, AI valuations and broader market risk could become a catalyst for gold, silver and mining stocks. Simon lays out his latest view on gold, silver, interest rates, US jobs data, Asian physical demand, mining equities and precious metals positioning. He...

Simon Catt sits down with Merlin Marr-Johnson, “Dr Copper”, to discuss why copper demand is accelerating, why new supply is so hard to bring online, and why Chile remains central to the global copper story. They cover the AI capex boom, US copper tariffs and strategic stockpiles, the incentive price needed for new mines, inflation in major mining projects, and the search for the next big copper di...

John Borshoff — the man behind Paladin Energy's legendary 100-bagger rise from 10¢ to $10+ — sits down with Simon Catt to deliver a masterclass on why uranium's biggest commodity moment is still ahead. With uranium spot prices around $85/lb and a structural supply deficit widening into the 2030s, Borshoff argues the market has not yet had its commodity day. He explains why $150/lb uranium...