End of August 2025 Edition

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📌 A Note from Nick

As summer draws to a close, the markets have been anything but quiet. Cycles, speculation, manipulation, and the ever-constant risks and rewards of mining have filled our conversations this month. August has shown us how fragile trust can be. It has demonstrated how speculation differs from true investment. It also continues to show how law and order (or the lack of it) impacts the world of mining.

This issue brings together highlights from our latest discussions, insights, and a few lessons worth carrying into September.

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🎯 This Month’s Highlights

Winning & Losing: Speculation vs. Investing

Speculation is about quick plays, betting on outcomes you can’t control. Investing, by contrast, is planting your money with patience—letting solid companies grow over time. Both have their place, but knowing which path you’re on is half the battle.

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Tidal-Like Cycles: 2012 and Beyond

Markets don’t move in straight lines—they breathe. Like tides, they swell and recede. August reminded us that cycles are bigger than single headlines. Recognizing patterns is key, and those who read the tide often survive the storm.

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Manipulation: With & Without Trend

From sleight-of-hand distractions to outright price suppression, manipulation continues to shape how mining stocks trade. Sometimes it amplifies the trend, other times it fights it—but it’s always there. Staying grounded in fundamentals keeps you from being pulled off course.

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Law & Order in Mining

Mining is built on risk, but jurisdictional risk is the biggest of all. This month we highlighted Mali’s disputes with Barrick and the way governments use law as leverage. In mining, order is never guaranteed.

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Breakout Stocks

When a stock finally breaks free of its trading range, the move can be fast and decisive. This month we flagged several juniors and mid-tiers showing breakout potential. This is proof that while risks are high, opportunities persist for the disciplined eye.

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📖 Story of the Month

Just like the salmon swimming upstream against bears, eagles, and con-men, junior miners fight overwhelming odds to survive. They are resilient, determined, and sometimes heroic. Remember: every upstream struggle is a sign of strength, not weakness.

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🔎 Looking Ahead to September

• 10 Stock Portfolio – We’ll start laying out an analysis for modeling (choice of names worth watching.)
• Globalists & Gnomes of Zurich – A dive into the shadow players who set gold and silver prices.
• Acts of Earth, Not God – Seismic and environmental shocks that can make or break operations.

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⛰️ Closing Thought

In markets as in mountains, perspective is everything. Some climbs are steep, some valleys deep—but those who keep climbing discover views worth the effort.

Stay sharp, stay patient, and keep your eyes on the bigger picture.

— Nick, Denaliguide