Jeff Phillips · private investor and consultant in the junior resource space (copper, gold, silver, uranium, royalties) — a paid consultant and large shareholder in many of the names he discusses, disclosed on tape; treat every pick as a promoter-adjacent insider's own book, attributed not endorsed.
One of the few genuinely silver-focused companies (Diablillos, Argentina) in a sector where most silver is a by-product — a favourable mention, not an argued position; Phillips owns a few shares.
A people-bet: Banyan chairman Marc Blythe, a mining engineer Phillips has known 20 years, runs it; drilling the Havelock gold-antimony project in Victoria, Australia in October. No valuation or thesis detail given.
A 7–8 Moz Yukon gold asset (AurMac) at a ~half-billion cap, now drilling off high grade — highly leveraged to the gold price, run by Tara Christie. Phillips is only a small shareholder, no consulting relationship.
Three drill-tested assets on a ~C$22M shell: Cerro Bayo (optioned from Latin Metals, 700+ g/t Ag first pass) plus two Peru projects — one wrapping Highlander's Bonita veins, one 4–6 g/t Au from surface. A spin-out could fund focus. Phillips consults and is a large shareholder.
Small-cap royalty at the early end of the curve — cash-flow positive on four producing assets after five years, now redeploying at a lower cost of capital; Endeavour Financial's global deal flow is the edge. Phillips came in with Rick Rule's financing.
Geomorphic.ai (private — Phillips' own AI company)
Phillips' private AI company — combs geological databases to generate its own prospects worldwide and publishes free white papers on tungsten, uranium, phosphate and US critical-metals policy. Not investable; the reports are the retail takeaway.
Whitehorse (Yukon) is a copper district, not a leftover Hudbay pit — Cub East is a new >1% open-pittable discovery on a fully funded 50,000 m program; BlackRock's ~$25M lead order underwrites an Arizona-Sonoran-style takeout. Phillips consults for it and is a large shareholder from the first financing.
US copper in a state that reopened to mining after 20 years — old Rio Tinto ground in Wisconsin, FAST-41 fast-tracked, funded, ~C$24M cap below a $12M no-warrant raise. Phillips consults and is a large shareholder.
The share-structure trade: ~C$14–15M cash on only ~36–38M shares out in a ~C$40–50M company, drilling fully funded, 17 of 20 phase-two holes still to report plus the never-drilled Saddle target. Phillips is a large shareholder.
An 11 Mlb New Mexico uranium resource Kerr-McGee was building a mine on in the 1970s at far lower prices, freshly re-drilled — a domestic pound in a country that mines 2% of what it burns. Phillips follows director Blake Steele, who sold Azarga to enCore.
Alderon Iron Ore (former TSX: ADV — no longer listed)
Named alongside Bravo and Patriot as one of the juniors he financed at a $20–30M market cap. Historic track-record reference only (former TSX: ADV, no longer listed).
He was a large shareholder; Blake Steele put Dewey Burdock on track to be permitted and sold the company to enCore — "one of my big wins," and the reason he backs Steele again at North Shore.
The buyer in his best uranium exit — Blake Steele permitted Azarga's Dewey Burdock ISR and sold the company to enCore. Referenced as an exit, not rated.
Twice a reference point rather than a pick — historic producer of Gladiator's Cowley Park pits, and the acquirer that paid ~$1.6B for Arizona Sonoran, which is Phillips' template for how a copper district ends up owned by a major.
The value benchmark next door to Daura's Peru ground: the Bonita discovery carried it to a $400–500M market cap and the same veins run onto Daura's property. Cited as a comparable, not a pick.
The prospect-generator counterparty that optioned Cerro Bayo to Daura — keeps the discovery upside while a partner funds the drilling. Referenced, not rated.
Prior operator of producing mines in Wisconsin's belt; GreenLight's whole idea was tying up the ground Rio Tinto and others walked away from 25 years ago. Context only.
The other big royalty/streamer held passively in retirement accounts; named to contrast with the early-stage royalty (Empress) he actually speculates in.
In one line: His edge and his bias are the same fact — Phillips finances junior resource companies at $20–30M market caps, then consults for them as a large shareholder, so he knows the treasury, the share count and the drill calendar before anyone else and is paid in the stock he is talking about. He discloses it on tape, name by name; read every pick as an insider's own book, attributed and never endorsed.
Share structure first, geology second. "It's who owns your shares, not just how many shares are outstanding." He wants management owning 20–50% of the stock outright — not 3% plus a pile of options — cash in the treasury against a small share count so no dilution is coming, and like-minded long-horizon holders on the register rather than warrant-flippers.
Builders who have sold before — verified. The only question that matters about a junior team is "have they built and sold a company before?", and "you got to really do your due diligence there to make sure it's true." He then follows the person across companies (Blake Steele from Azarga to North Shore; Marc Blythe from Banyan to Au Gold).
Smart money's entry point, not its presence. An institution coming in later and higher than he did is the informative case: BlackRock's ~$25M lead order into Gladiator "isn't investing in this to see if it can go up 100 million" — it implies a multi-billion-dollar asset case he can then test against the rocks.
Districts, not deposits. He buys brownfield belts a major left on price rather than geology, hunting the historic holes nobody followed up — and prefers ground whose neighbour's mineralised structures physically continue onto it.
Super-cycle intact, interruption expected. 2003–07 was a genuine resource super-cycle and the financial crisis still halved it — gold fell from near $1,000 to ~$700 as the Nasdaq collapsed, purely because people needed liquidity. He expects the same shape from today's private-equity/AI/government-debt excess, then record highs, and holds funded names that won't have to finance into the washout.
Commodity views: copper structurally higher after 18 years of under-exploration; US critical metals (copper, uranium, tungsten) as a security problem Washington has to fix — America mines ~2% of the uranium behind ~22% of its electricity; tungsten fascinates him and he owns none of it.
Seasonality: summer doldrums end in August; September→March, bracketed by Beaver Creek and PDAC, is the good window — and juniors calendar their drill results to it.
His own framing of the risk: "It's educated speculating… a small piece of your financial pie that you're trying to get massive outside returns on. It's not the whole pie." And: "If you're not willing to put the work in and do the due diligence, don't listen to someone like me or anyone else."
Transcripts
One dated page per appearance — each has its stock table, talking points, and the saved transcript. Newest first.