Two smart-money mining stocks for polymetallic exposure

The Market Online

17 hours ago

If we were to describe investment cloning, made famous by value investor Monish Pabrai, we might call it the practice of replicating the world's most distinguished capital allocators.
The first step to successful cloning is to vet the investors to be copied, certifying that their decisions are trustworthy. A simple read through their track records will do. Pabrai emulates Warren Buffett, one of the greatest investors of all time, whose total return dating back to the 1960s stands at over 5.5 million per cent.
The second step, as caution dictates, is to run the investment through your own due diligence process, making sure you agree with the object of your cloning rather than blindly following them, carelessly leaving your investments vulnerable to the winds of chance.
In the newest edition of Stockhouse's Weekly Market Movers, I'll take a detailed look at two smart-money mining stocks, whose high-profile associations go a long way towards justifying a cloning thesis. How well with their assets and operations stand up to analysis? Let's see, shall we?
Our first smart-money mining stock with strong cloning potential is Power Metallic Mines, market capitalization C$277.11 million, a Canadian explorer proving out the value of its flagship Nisk nickel-copper-gold-silver-platinum group elements project in Quebec.
Under an 80 per cent option from Critical Elements Lithium (TSXV:CRE), Nisk boasts a 2023 indicated resource estimate of 41,600 tons of nickel, 22,100 tons of copper, 2,600 tons of cobalt and 132,500 ounces of palladium, collectively representing over US$1 billion in metals in the ground.
The company is confident about expanding Nisk's resource across a handful of highly prospective targets – including the Lion zone, which recently yielded 12.54 meters of 10.99 per cent copper equivalent, and the Tiger zone, as recently highlighted by 14.3 meters grading 0.96 per cent copper equivalent – with a fully funded 100,000-metre program scheduled into 2026.
Power Metallic's efforts are supported by a top-tier investor base, as detailed in slide 4 of its June 2025 investor presentation. This includes positions held by: Robert Friedland, founder of the C$13.52 billion Ivanhoe Mines (TSX:IVN), a major metals producer that generated US$228 million in net income in 2024, as well as the company behind the famous Voisey's Bay nickel, copper and cobalt mine in Labrador, which sold for C$4.3 billion in 1996.
Rob McEwen, executive chairman and top shareholder of the C$683.4 million McEwen Mining (TSX:MUX), a global gold and silver producer, and founder of Goldcorp, a company he took from a market cap of $50 million to over $8 billion.
These heavyweights join a number of institutional investors, including CVMR, as well as insider investors, including a sizeable position owned by chief executive officer, Terry Lynch, on Nisk's rapidly accelerating path to becoming Canada's next polymetallic mine.
Power Metallic's most recent milestone in this direction involved the purchase of 167 square kilometres of adjoining claims from Li-FT Power (TSXV:LIFT), more than tripling Nisk's land package to 212.86 square kilometres. Lynch sat down with Stockhouse's Lyndsay Malchuk to discuss the new claims. Watch the interview here.
The broader market has responded favorably to the company's value proposition, lifting Power Metallic stock (TSXV:PNPN) by 72.22 per cent year-over-year and by over 430 per cent since 2023. Globex Mining Enterprises
Our second smart-money stock pick, Globex Mining Enterprises, market cap C$76.85 million, offers exposure to a large portfolio of mid-stage exploration, development and royalty properties spanning precious metals, base metals, specialty metals and minerals, as well as industrial minerals and compounds.
Investors own a piece of 258 mineral assets in total, including 106 royalties and 50 historical or NI 43-101 compliant resources – up from 129 assets in 2015 and 49 in 2005 – each marked by at least one pillar on Globex's value-accretive acquisition criteria. These include: Historical or NI 43-101 resource.
Drill intersections of economic interest.
Past production.
Mineralized showings or drill targets.
Geophysical, geochemical and geological studies.
Mining-friendly jurisdictions, currently concentrated in North America with a minor presence in Germany.
Location on major ore structures or in mining camps with established track records.
We find evidence for the success of Globex's acquisition strategy on its balance sheet and income statements. Unlike most micro-cap miners, for instance, the company is net income profitable, posting positive results under the metric in four out of the past five years. It's profitability has, in turn, allowed it to remain debt-free, quintupling its cash position over the period to about C$30 million as of Q1 2025, granting it plenty of dry powder to wait patiently and prioritize value in future acquisitions.
Globex's profitable growth has afforded it an abundance of high-profile partners, whose association considerably de-risks your investment in the company's continued success. Here's a representative sample:
These illustrious partners, joined by a geology-heavy management team with 12.74 per cent insider ownership, shows Globex Mining to be an all-around compelling name to capitalize on a diversity of commodity markets regardless of sentiment.
Whether it's cash in the bank to buy depressed assets in down times or assets on the balance sheet to sell should animal spirits push prices beyond fair value, Globex is positioned to create shareholder value for the foreseeable future.
Globex stock (TSX:GMX) has added 44.21 per cent year-over-year and 291.43 per cent since 2020, matching and outpacing gold's 45.7 per cent and 88.8 per cent efforts, respectively.
Jack Stoch, Globex Mining's president and CEO, spoke with Lyndsay Malchuk about the company's recent resource upgrade at its Ironwood gold deposit in Quebec. Watch the interview here.
Thanks for reading! I'll see you next week for a new edition of Stockhouse's Weekly Market Movers. Here's the most recent article, in case you missed it.
Join the discussion: Find out what everybody's saying about these smart-money mining stocks on the Power Metallic Mines Inc. and Globex Mining Enterprises Inc. Bullboards and check out Stockhouse's stock forums and message boards.
This is sponsored content issued on behalf of Power Metallic Mines Inc. and Globex Mining Enterprises Inc., please see full disclaimer here.