jun 28 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

 June 28, 2016

 

 Junior PGEN Marines Update 

 

  1. Please click here now: https://galacticjuniors.com/wp-content/uploads/2016/06/2016june28pvg.png Wheeeeeeee!!!! 
  2. That’s Golden Monster portfolio monster component Pretium, blasting into the $10 round number price zone!
  3. Pretium now a pgen play using 50 cent increments, in the $10 to $5 zone.
  4. In the $15 to $10 zone, you can be a buyer every $1 down.
  5. Pretium is backed financially by Zijin, China’s largest gold miner, which itself is backed by the Chinese government.
  6. Please click here now: Pretium may have a total gold resource of well over 30 million ounces, and as much as 40 – 50 million, between their Snowfield and Brucejack projects in British Columbia.
  7. That’s why I call it a “Golden Monster”. Obviously, a lot of the 40 – 50 million potential ounces is resource rather than reserve, but at a noticeably higher gold price, that can move u the ladder towards the proven and probable category more quickly than a lot of analysts realize.
  8. To view another Golden Monster component, please click here now: https://galacticjuniors.com/wp-content/uploads/2016/06/2016june28ckg1.png Wheeeee 2.0!!!! That’s Golden Monster Chesapeake.
  9. It was a little sluggish for quite a while, and by April it was still barely above the January lows.
  10. Note the breakout from the blue flag-like drifting rectangle, and the pullback to the supply line of that rectangle at $3.51 That’s one of the rare perfect technical events that occurs in the junior gold stocks arena!
  11. The vertical blast higher that has ensued since then now opens the door, technically, to a real flag pattern forming!
  12. Chesapeake’s project in Mexico is gargantuan, featuring a stunning 18 million ounces of proven and probable goodies for you!
  13. There’s lots of room for pgen marines in this stock, using 50 cent increments between $10 and $5.
  14. CKG Management claims that their Metates project could help solve the diminishing supply crisis for gold. While I like the project (or it wouldn’t be in the Golden Monster Portfolio) let’s put things in perspective:
  15. There are about 30,000 ounces of gold in a ton, very roughly speaking. CKG might be able to produce 900,000 ounces a year, giving them a 20 year mine life on their 18 million ounces.
  16. 900,000 ounces/30,000 ounces equals about 30 tons a year, or about 2-3 tons a month. China just imported 115 tons for the month of May.
  17. In May of 2016, India bid for an all-historic 800 tons, and banksters and mobsters in control of price discovery gave them 160.
  18. Regardless, the point is that from a shareholder’s point of view, especially a shareholder in a big reserves company like Chesapeake, 18 million ounces produced 900,000 tons a year is… a lot of potential upside share price action!
  19. But, from a view point of supplying all the gold that China needs, let alone India, in a shortfall situation, 2-3 tons a month is beyond-irrelevant! India bid for the entire 25 year reserves of CKG, just in the month of May of 2013!
  20. There is no mine production poised to come on line poised to meet the kind of bull era demand that is poised to arrive over the next 5 years, let alone over the next 10, 20, or 30 years.
  21. The top guy at NEWMONT is predicting at least a 5{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} drop in global mine supply over the next 5-10 years.
  22. Just stay professional on your gold stock gridlines, and you’re going to be sitting very comfortably as China and India serve you your love trade bull era dinner, and the debtaholic West serves you the fear trade dessert, which is going to be the biggest flambe you’ve ever imagined. Are you and your junior miners prepared?  Let’s hit their gridlines now.  I’ll see you there!

 

Kirk Jr. on the gold explorers bridge, out! 

Thanks!

           Cheers

           St

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