Go offline with the Player FM app!
Prismo Metals (CSE:PRIZ) - Copper Explorer Well-Positioned in US Mining-Friendly Climate
Manage episode 484040622 series 2505288
Interview with Alain Lambert, CEO of Prismo Metals Inc.
Our previous interview: https://www.cruxinvestor.com/posts/prismo-metals-csepriz-junior-explorer-targets-deep-porphyry-system-in-arizonas-copper-triangle-6645
Recording date: 23rd April 2025
In a recent interview, Alain Lambert, CEO of Prismo Metals, shared insights on political developments and commodity markets affecting the mining sector. With over three decades of experience in junior capital markets since 1987, Lambert provided valuable perspectives for resource investors navigating current market conditions.
Lambert predicts the upcoming Canadian federal election on April 28, 2025, will likely result in a Liberal majority government under Mark Carney, continuing similar policies to the Trudeau administration. He attributes this political shift to anti-American sentiment in Canada, particularly in response to comments from US President Trump about Canada becoming "the 51st state." Despite current US-Canada trade tensions, Lambert expresses confidence these issues will be resolved once the new Canadian government is formed.
On US trade policy, Lambert views Trump's tariff strategy as a negotiation tactic aimed at reducing trade deficits, addressing government spending, and managing national debt. He anticipates these policies will ultimately benefit the US economy, predicting "an historical economic boom."
Lambert references a March executive order directing US government departments to streamline approvals for critical mineral projects, including copper. This policy environment could accelerate development timelines and improve capital access for companies operating in the US resources sector.
Regarding metals markets, Lambert acknowledges gold's dramatic price increase from approximately $2,000 to $3,400 over 15 months but expects a correction. He notes mid-cap producers have benefited from the price rally, while junior explorers haven't seen proportional gains. Lambert cautions that any gold price correction could disproportionately impact junior exploration companies.
Lambert is particularly optimistic about copper market dynamics, highlighting artificial intelligence as a significant demand driver that is often overlooked. "One thing they don't talk about enough is the impact of AI on electricity demand and the need for more electricity," he stated, adding this factor could be "more pronounced than demand because of electric vehicles."
Prismo Metals is strategically positioned with a large copper exploration target approximately 40km from the Resolution Copper project (Rio Tinto/BHP joint venture) in Arizona. Lambert reports significant interest from major mining companies in US copper projects, creating potential partnership opportunities for companies like Prismo in jurisdictions set to benefit from favorable policy developments and strong underlying copper demand.
View Prismo Metals' company profile: https://www.cruxinvestor.com/companies/prismo-metals
Sign up for Crux Investor: https://cruxinvestor.com
2126 episodes
Manage episode 484040622 series 2505288
Interview with Alain Lambert, CEO of Prismo Metals Inc.
Our previous interview: https://www.cruxinvestor.com/posts/prismo-metals-csepriz-junior-explorer-targets-deep-porphyry-system-in-arizonas-copper-triangle-6645
Recording date: 23rd April 2025
In a recent interview, Alain Lambert, CEO of Prismo Metals, shared insights on political developments and commodity markets affecting the mining sector. With over three decades of experience in junior capital markets since 1987, Lambert provided valuable perspectives for resource investors navigating current market conditions.
Lambert predicts the upcoming Canadian federal election on April 28, 2025, will likely result in a Liberal majority government under Mark Carney, continuing similar policies to the Trudeau administration. He attributes this political shift to anti-American sentiment in Canada, particularly in response to comments from US President Trump about Canada becoming "the 51st state." Despite current US-Canada trade tensions, Lambert expresses confidence these issues will be resolved once the new Canadian government is formed.
On US trade policy, Lambert views Trump's tariff strategy as a negotiation tactic aimed at reducing trade deficits, addressing government spending, and managing national debt. He anticipates these policies will ultimately benefit the US economy, predicting "an historical economic boom."
Lambert references a March executive order directing US government departments to streamline approvals for critical mineral projects, including copper. This policy environment could accelerate development timelines and improve capital access for companies operating in the US resources sector.
Regarding metals markets, Lambert acknowledges gold's dramatic price increase from approximately $2,000 to $3,400 over 15 months but expects a correction. He notes mid-cap producers have benefited from the price rally, while junior explorers haven't seen proportional gains. Lambert cautions that any gold price correction could disproportionately impact junior exploration companies.
Lambert is particularly optimistic about copper market dynamics, highlighting artificial intelligence as a significant demand driver that is often overlooked. "One thing they don't talk about enough is the impact of AI on electricity demand and the need for more electricity," he stated, adding this factor could be "more pronounced than demand because of electric vehicles."
Prismo Metals is strategically positioned with a large copper exploration target approximately 40km from the Resolution Copper project (Rio Tinto/BHP joint venture) in Arizona. Lambert reports significant interest from major mining companies in US copper projects, creating potential partnership opportunities for companies like Prismo in jurisdictions set to benefit from favorable policy developments and strong underlying copper demand.
View Prismo Metals' company profile: https://www.cruxinvestor.com/companies/prismo-metals
Sign up for Crux Investor: https://cruxinvestor.com
2126 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.