Is It ‘Game On’ For Gold and Silver?

Is It ‘Game On’ For Gold and Silver? In my opinion, YES!!!! We’ve just completed two good weeks for gold and silver but there is still very little appetite in the resource community to buy the shares of the junior mining companies. Lift off is going to require some special situation or excitement to get those shares going, but, that is coming and probably sooner than later. I frequently share this monthly Gold chart with my subscribers. This is the long-term view of Gold and using a 20 Month moving average. You can see that this moving average was very good support for many years. We currently are showing a nice upslope to this average and we have been trading above this 20 month moving average for several months. It is only a matter of time until we break out big time to the upside. For me, there is only one way to play this ‘game’ by investing in quality junior mining companies and/or long-term stock warrants trading on those companies. If you are not familiar with stock warrants, you can receive The Stock Warrant Handbook for FREE by visiting, http://CommonStockWarrants.com along with more freebies. However, many investors are finding great opportunities with warrants on the U.S. stocks in other sectors, biotechs, pharmaceuticals, banking, etc. Remember that only 25% or so of my personal portfolio is in stock warrants, the balance are common shares in the junior mining companies and I am on the hunt for new additions to my … Continue reading

Contrarian investor Rick Rule shares his winning strategies

Published by Resource World on July 5, 2017 Interview by Ellsworth Dickson As attendees of resource investor conferences know, Rick Rule, President and CEO of Sprott U.S. Holdings Inc., often speaks to standing room only crowds. His dynamic presentations usually go against the grain of the usual ways of looking at mining stocks. Resource World was fortunate to catch him for this interview as he is often on the road. RESOURCE WORLD: When you were attending the University of British Columbia, did you have a plan laid out for your career? RICK RULE: Yes – but I didn’t follow it. I wanted to become a taxation lawyer focused on natural resources. RW: Weren’t you studying mineral economics there? RR:         My interest was natural resource finance in mineral economics but I was in the faculty of commerce. My view was that UBC had a compound degree that gave you a Bachelor of Commerce and a law degree and so my initial idea was to become a lawyer specializing in international natural resource taxation. RW: What was your first job related to the resource sector? RR:         I had substantial success as a speculator. Owning a bar in the financial district of down-town Vancouver gave me unparalleled access to information. Building on that success, I became securities licensed. RW: I’ve heard you say to your audiences at presentations: “Be a contrarian or a victim.” Can you outline your contrarian philosophy and how investors can make it work for them? RR:         Absolutely! There’s no … Continue reading

Trek Mining Drill Results – TREK:TSXV

Editors Note from Dudley Pierce Baker http://CommonStockWarrants.com “Trek Mining is currently one of my favorite companies and we are glad to see more great drill results.”   Trek Mining Inc. (“Trek Mining” or “the Company”) is pleased to announce that ongoing drilling continues to intersect significant gold mineralization below the shallow, westernmost reserve pit and beyond the current pit limit along the western strike at the Company’s 100%-owned Aurizona Gold Mine (“Aurizona”) in Brazil. Further to the May 17, 2017 news release, an additional 13 shallow step-out and infill drill holes totalling 1,486 metres from the exploration program at Piaba West have encountered multiple broad intersections of gold mineralization with grades typical of the Piaba gold deposit. In addition, drill hole BRAZP587, which was collared just beyond the westernmost edge of the existing Piaba pit, encountered two narrow, high-grade intercepts that returned gold values of 19.65 grams per tonne gold (“g/t Au”) over 1.0 metre (“m”) and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m. Drilling highlights include: 1.90 g/t Au over 25.0 m in BRAZD529 1.11 g/t Au over 11.0 m in BRAZD530 0.73 g/t Au over 19.0 m BRAZD531 1.64 g/t Au over 18.5 m including 3.69 g/t Au over 5.0 m in BRAZD532 1.53 g/t Au over 43.0 m including 6.05 g/t Au over 6.0 m BRAZP584 19.65 g/t Au over 1.0 m and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m BRAZP587 1.10 g/t Au over … Continue reading

Sunday Articles With Investing Ideas

For those resource investors, I present below the video links to the recent Cambridge House Writers Conference in Vancouver. See some of your favorite analyst and get their views of the markets. As a contrarian, this is obviously the time to be investing in the resource sector and the Dow and S&P 500 continue to trade near highs. My preference is to ‘play this game’ with the junior mining shares and/or stock warrants. However, many investors are finding great opportunities with warrants on the U.S. stocks in other sectors, biotechs, pharmaceuticals, banking, etc. Remember that only 25% or so of my personal portfolio is in stock warrants, the balance are common shares in the junior mining companies and I am on the hunt for new additions to my portfolio. There are many interesting opportunities in stocks as well as the stock warrants available today, so if you not a current  subscriber, LET’S GET YOU STARTED NOW. The next several years, 2017 – 2020 will see some exciting times in the PM sector and I am looking to make a fortune. Do you want to follow me? Let’s have some fun and make money together. Recent Articles On Our Websites: International Metal Writers Conference – Video Of Conference Doug Casey on Crisis Investing in Brazil New Areas of High-Grade Uranium Mineralization Drilled in Athabasca Basin Stepout Drilling Reveals Uranium Expansion Opportunity in Athabasca Basin Deposit Gold & Gold Stocks Nearing a Big Move The Forgotten Depression of 1920–1921 When the “Fix” … Continue reading

International Metal Writers Conference – Video Of Conference

Cambridge House has provided us with a audio of the complete recent conference. This is a great opportunity for you to see and listen to the experts in action. I attended and participated in the show and got to visit with many including Frank Holmes, Rick Rule, David Morgan, Nick Hodge, Mickey Fulp and many others….. Enjoy, International Metal Writers Conference – Video Of Conference … Continue reading

Frank Holmes: A Tsunami of Selling in Gold Miners Is About to End

BY COLLIN KETTELL ON JUNE 14, 2017 Editor’s Note from Dudley Pierce Baker http://CommonStockWarrants.com Frank Holmes does a great job of explaining the situation with the GDX and GDXJ. The selling pressure should be coming to an end soon and friends, it is time to be invested in the resource sector, NOW. Frank discusses how the GDXJ became just a buying index with no separation of value and little understanding of who was doing well fundamentally. The re-balancing has created a large uncertainty with five billion dollars initially moving into the space and now three billion dollars leaving it. This will affect many of the small and mid cap producers. The investment money is being reallocated to the big names like the Barricks, the Newmonts, and the Goldcorps of the world. You should use this as an opportunity, as some of these stocks have been sold down indiscriminately even though they are reporting phenomenal fundamentals. June 16th is the last drop date for names that will be sold, look for opportunities to buy in afterwards and towards the end of the month. You want to be selective and look for those stocks with higher profit margins and high returns on invested capital. His analysis shows that a lot of shareholder value has been destroyed by companies increasing their shares. Only a few companies protected their shareholders wealth, and the large capital flows into GDXJ has tended to cover for those that did not. Wesdome and Klondex are two companies that … Continue reading

Doug Casey on Crisis Investing in Brazil

Editors Note from Dudley Pierce Baker http://CommonStockWarrants.com “One of my top picks has a Brazilian gold property which should be in production in 2018. The shares and warrants have been under pressure recently but I see that potential for outrageous gains of 1,000%, 2,000% or more in the next few years.”   Justin’s note: Brazil is in crisis once again. This time, Brazil’s president, Michel Temer, has been accused of corruption, bribery, and obstruction of justice. When news of this scandal broke, it triggered a huge selloff in Brazilian stocks. The iShares MSCI Brazil Capped ETF (EWZ), which tracks Brazil’s stock market, plummeted 18% in one day. It was the fund’s worst day since the 2008 financial crisis. Most investors now want nothing to do with Brazilian stocks. But we’re not like most investors. We understand crises can actually lead to huge moneymaking opportunities. Casey Research founder Doug Casey has made millions investing in crisis-stricken markets like Brazil. So I immediately called up Doug after I read this story. Below is a transcript of our conversation… Justin Spittler: Doug, what do you make of Brazil’s latest crisis? Do you see a crisis investing opportunity shaping up there? Doug Casey: I’m not sure I’m interested in putting money there right now. But I am interested in Brazil. As a matter of fact, as I speak to you right now, I’m out in the countryside of Uruguay, next door to Brazil. All these Latin American countries, quite frankly, are very problematical. They’re … Continue reading

BREAKING NOW – How Will The Markets React To This News?

May 27, 2017 – 4:35PM, PST With the breaking news on Friday afternoon after the markets close of the possible issues with Jared Kushner to the Russians, we can only wonder, how the markets will react. Report: Trump’s son-in-law Jared Kushner proposed secret communications with Russia The FBI now considers this meeting and Kushner’s meeting with a Russian banker to be of interest. CBS News confirmed that Kushner is under scrutiny, but is not the target of an investigation. One of the reporters on the story, Adam Entous, told CBS News that the Post was given an anonymous letter that described this in December. Entous said sources had confirmed that U.S. intelligence intercepted Kislyak’s reporting of the meeting. This greatly delayed breaking news gives me reason to pause as it is too convenience. A 3 day weekend, markets closed thus creating a major news event for the Memorial Day Holiday weekend. While I personally do not think this will be a major issue, we will not know until Sunday 5:00PM, CST as to how the metals will react to this news. This will be our first indication. Kitco.com will give us our first indication. If the markets believe there is truth to this story, then there is a good chance that the metals will be substantially higher and the financial markets lower as any problems might derail Trump’s economic agenda and the optimism which has driven the markets to records highs recently. We shall all see together how this unfolds … Continue reading

President Proposes $922 Million FY18 Budget for USGS

President Proposes $922 Million FY18 Budget for USGS Budget Focuses on Core USGS Science and Efficiency Release Date: MAY 23, 2017 Budget Focuses on Core USGS Science and Efficiency President Donald Trump today proposed a $922.2 million Fiscal Year 2018 (FY18) budget for the U.S. Geological Survey.  This highlights the Administration’s commitment to increasing efficiency across the federal government and science supporting national objectives and priorities.  The President’s proposed FY18 request reflects a savings of $137.8 million in appropriated funds from the FY 2017 CR baseline and a continued commitment to the bureau’s core mission. “President Trump promised the American people he would cut wasteful spending and make the government work for the taxpayer again, and that’s exactly what this budget does,” said U.S. Secretary of the Interior Ryan Zinke. “Working carefully with the President, we identified areas where we could reduce spending and also areas for investment, such as addressing the maintenance backlog in our National Parks and increasing domestic energy production on federal lands. The budget also allows the Department to return to the traditional principles of multiple-use management to include both responsible natural resource development and conservation of special places. Being from the West, I’ve seen how years of bloated bureaucracy and D.C.-centric policies hurt our rural communities. The President’s budget saves taxpayers by focusing program spending, shrinking bureaucracy, and empowering the front lines.” The request ensures that the USGS will continue to focus on conducting leading-edge research and providing impartial scientific data to key stakeholders and decision-makers to help promote stewardship of public lands … Continue reading

SILVER-ZINC-LEAD: Bunker Hill Mine – Kellogg, ID

Editors note: Dudley Pierce Baker In 1979, I had the opportunity to spend an entire day underground at the Bunker Hill Mine in Kellogg, Idaho. It’s a long story, but I recall that I was on sight in August 1979 when silver was trading for around $9. Little did anyone know (except the Hunt’s) that silver would be trading at $50 just five months later. Wow, if only…….. I look forward to visiting with the management of Liberty Silver at the Cambridge Writers Conference this weekend, May 28 and 29 in Vancouver. May 17, 2017 by Canadian Mining Journal IDAHO – Toronto-based Liberty Silver Corp. has announced its intention to acquire the Bunker Hill silver-zinc-lead mine and smelting complex at Kellogg from Placer Mining Corp. The acquisition will include all mining rights and claims, surface rights, existing infrastructure at Milo Gulch, machinery and buildings at the Kellogg Tunnel portal level, as well as all  underground equipment and infrastructure. The acquisition would also include all current and historic data relating to the Bunker Hill mine complex, such as drill logs, reports, maps, and similar information located at the mine site or any other location. The price for the Bunker Hill assets is US$30 million. Liberty has already made a payment of US$150,000 and another US$3.5 million is due at closing. Half the total purchase price will be paid over five years in annual installments from the closing date of the deal. The balance, US$15 million, will become due in 15 equal … Continue reading