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Cover for Dave Erfle - Flood of Capital into Juniors & Silver Stocks Outperformance

Dave Erfle - Flood of Capital into Juniors & Silver Stocks Outperformance

May 19, 2025
  • David Erfle
  • Junior Mining
KEReport
By KEReport
KEReport

Dave Erfle, Founder and Editor of Junior Miner Junky, joins us to discuss the powerful shift now unfolding across the junior mining sector. After years of capital scarcity, junior exploration companies, even those with sub-$10M market caps, are suddenly raising millions in oversubscribed financings. What's driving the turnaround?

Dave explains how the breakout in GDX/GDXJ earlier this year is fueling a rotation into earlier-stage juniors, with smart money moving down the food chain. The TSX Venture is showing technical strength, silver juniors are outperforming, and M&A activity is picking up across the silver space.

We discuss:

  • The surge in financings across micro-cap juniors
  • Capital rotation from producers to exploration plays
  • The silver catch-up trade and gold:silver ratio compression
  • What to look for in development-stage funding (and what to avoid)
  • Jurisdictions gaining favor - is Mexico back?

Dave also shares when he takes profits, how he spots takeover targets, and why quality still matters, even in the high-risk junior phase.

Click here to visit the Junior Miner Junky website to learn more about Dave’s investment letter. 

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

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