6 Junior Mining Stocks That Spiked This Week & 6 That Crashed

**Antonio** (0:02)
All right, how's it going, everybody? Thank you so much for tuning in on a Saturday, nonetheless. Today's August 12th. My name is Antonio, and I'm here today with Scott North of Komodo Capital. Him and I are gonna talk about the best and the worst performance in junior mining this week. He's gonna do six Aussie companies. I'm gonna do six Canadian companies. And Scott, you've been promising me a joke, I think, for three or four weeks now. So I hope you came prepared.

**Scott North** (0:29)
Yeah, I've got two for you this week, mate.

**Antonio** (0:30)
Two, okay.

**Scott North** (0:31)
First one, first one, why are exploration companies great at telling stories?

**Antonio** (0:39)
That's all they do?

**Scott North** (0:41)
Well, because sometimes the narrative is the highest grade asset they have.

**Antonio** (0:47)
It's actually not funny. That's actually kind of sad because it's true. You're making me sad off of that on a Sunday, a Saturday morning.

**Scott North** (0:53)
The second one is almost the same. What do you call a drill hole with no mineralization?

**Antonio** (1:01)
Dusters?

**Scott North** (1:03)
Strategic geological information.

**Antonio** (1:06)
It always is. It's a geological success. You're making me sad with these things because they're too true. I'm not going to have you make any jokes anymore.
But you're absolutely right, though.
Jokes aside, I'll keep saying it for people watching and paying attention here. These companies that we're going to talk about here, those are not stock picks. We only pick jokes. We don't pick stocks. We haven't selected those to talk about them. We're not doing a full analysis, nor are we making any conclusions. This is literally just a quick overview of the best and the worst performance of the past week within a few parameters. That's the objective parameters including market cap and the weekly trading volume. That's in an effort to exclude some of the noise out there. But if you want to set your own parameters and also do an actual deep dive on these companies, you can do both of those things on mininghub.com. You can create a free account, create your own list of movers and do your own research there. Thank you to Mining Hub for sponsoring and making these overviews possible. That all said, a quick overview of what happened in metals this week. The metals are down this week again, third week of losses in a row for Golden Silver. As you know, I blame Scott for having a red light on, not the green light, but actually now that we're shooting a little bit earlier, it's not night for you, Scott. The light looks kind of orange, which is funny because it fits us both because we're both ginger.
Gold was not in the orange this week. It was in the red, unfortunately. It's down 2 percent. Silver is down 2.5 percent. Copper down about a percent and a half. Palladium, lithium and cobalt suffered pretty bad losses as well this week. The Goat Junior Miners ETF, that's the GDXJ, the Silver Junior Miners ETF, SILJ and the Copper Junior Miners ETF, the COPJ, C-O-P-J. Those are all down as well, respectively 2.5, 3 percent and 1 percent. The main driver as it often is was the expectations for real interest rates and where they might end up at next week.
With higher than expected inflation data this week as well as oil closing 10 percent higher, it's above $100 a barrel now. And the 10-year US Treasury year closing at its highest level since early 2025, causing of course more demand for bonds and this pushing the dollar higher. That all creates a perfect storm for another rate hike next week. So the decision is next week and there's now a probability for a 25 basis point hike that's currently sitting at 85 to 87 percent. The market is pressing in as many as four hikes this year. So after being up more than 20 percent year on year, gold is the perfect liquidity victim, if you will, of hedge funds and quant funds and whatnot. Larger sellers that are taking some straightforward profits in anticipation for all those hikes. But will they be right? Well, history says don't bet against gold. And you're not supposed to say that this time is different, but yeah, let's see what happens next week at the Fed meeting. Enough pretending here though, I really don't know what's going on. Just regurgitating news and stuff that I've seen on Twitter this week. So I should probably be shutting up at this point, but at least for a little while. And Scott, I'll let you tell me what happened to Junior Mining Talks down under. What were the best performance?