RSD Weekly Recap: Post-Brexit, Silver Surges, New Junior Bull Market, 52-week Highs

This is Gerardo Del Rea with the Resource Stock Digest weekly recap. Post-Brexit vote trends are starting to become clearer to the side of the market that was looking for direction. Silver is up 41% for the year. Gold is up 27%. The Dow and the S&P are each up 3% respectively despite calls by many for a stock market crash. I don't believe that will happen, but time will tell. One of the few talking points that most agree on now is the new junior gold bull market. There will be pullbacks and probably violent ones, but from a higher baseline than what I anticipated. That's great news for quality gold and silver juniors.

Several Resource Stock Digest featured companies hit 52-week highs this week, including Midas Gold (TSX: MAX)(OTC: MDRPF), Millrock Resources (TSX: MRO)(OTC: MRLKF), Brazil Resources (TSX-V: BRI)(OTC: BRIZF), and Almaden Minerals (TSX: AMM)(NYSE: AAU). Fission Uranium (TSX: FCU)(OTC: FCUUF) continues to present one of the most compelling risk reward propositions in the entire resource sector, and Uranium Energy Corp (NYSE: UEC) continues to present a low-cost approach to participation in the uranium sector, a sector that is out of favor, like gold and silver was until recently, but one that I believe will reward contrarian investors that are patient and buy into the best teams and the best assets.

There's a great interview with Morgan Poliquin of Almaden Minerals discussing exploration plans, Ixtaca. I also spoke with Greg Beischer of Millrock Resources, who outlined Millrock's exciting projects and what to expect for the second half of this year. Lastly, I had the opportunity to speak with CEO of Flinders Resources, Blair Way. Blair is one of the most knowledgeable voices in the critical metal space. He shared his thoughts on the graphite market, energy storage, batteries, and even Elon Musk. I strongly urge you to click on the interviews and have a listen. We'll see you next week.