Big Gold Hits & Fresh Discoveries You Shouldn’t Miss

*Disseminated on behalf of Flagship Minerals, Nimy Resources, Star Copper, Energy Vault Holdings, Sonoro Gold, Denarius Metals, Monument Mining, Fairchild Gold, SECUR3D Holdings, Evolution PowerX, Lake Resources, Olympia Financial Group, Kidoz Inc., and Builders Capital Mortgage Corp.

* All figures are in C$ unless otherwise noted, except for commodity prices, which are in US$.

Equity markets and precious and base metals posted modest gains last week, supported by lower oil prices, and softer than expected U.S. inflation and employment data, which reduced expectations for further Fed tightening. This week, we believe investor focus will be on the minutes from the Fed’s last meeting for further clues on the Fed’s path for interest rates.

Last week, our Top Picks portfolio returned -2.3% vs. -3.1% for the benchmark (TSXV), with 13 of 22 holdings outperforming the benchmark. Our picks have outperformed the benchmark in six of seven periods tracked, with 55% of holdings up since their addition to the portfolio.

Last week, our Fair Value Model portfolio returned -0.2% vs. +0.8% for the benchmark (NYSE Equal Sector Weight/EQL). Our picks outperformed the benchmark in three of five periods tracked, reinforcing the portfolio’s ability to generate alpha over longer time frames. More than half (55%) of our 20 picks are currently in positive territory since being added to the portfolio.

This edition highlights several important developments across our coverage, including Flagship Minerals Limited’s potential non-dilutive funding opportunity from its tungsten project in Thailand, Sonoro Gold Corp.’s high-grade drilling results that could support resource expansion, and Energy Vault Holdings Inc.’s progress toward construction of its battery storage project in New South Wales. We also highlight new exploration potential at Nimy Resources Limited’s Mons project, and Star Copper Corp.’s ongoing drilling program in B.C.’s Golden Triangle.

Read on for more insights into where we see opportunities across our coverage.

*Past performance is not indicative of future performance.

FRC Stock Pickers University Challenge: Week One Update

Last week, we highlighted the launch of FRC’s maiden Stock Pickers University Challenge, which launched on October 1. Currently, a team from the University of Nevada, Las Vegas is leading with a 2.98% portfolio gain, followed by teams from the University of British Columbia (+1.31%), and the University of Calgary (+1.02%). View the live leaderboard to see the latest rankings, and portfolio performance.

Co-sponsored by Cboe Canada, the competition brings together university teams from across the U.S., and Canada, and runs through December 31, 2026. The top-performing team will win US$5,000 and a trip to Las Vegas, while the best video explaining their ideas, and trading decisions, earns an additional US$1,000.

Participants are using FRC’s platform for stock screening and due diligence, leveraging our research, proprietary screening tools, and investment analysis capabilities.

Last Week’s Five Most-Read Reports

Last week’s five most-read FRC reports covered opportunities across digital asset security, precious and base metals, natural gas, potash, and copper. Following what others are reading can help you stay ahead of emerging trends, themes, and opportunities.