june 13 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

June 13, 2015

 

Junior PGEN Marines Update

 

  1. Please click here now: http://gracelandupdates.com/wordpress/wp-content/uploads/2015/06/2015jun12goldcot.png
  2. As you march into the week-end, all that I ask is that you check out the above link.
  3. To view the GDX daily chart, please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun13baa.png OK, I lied. That’s not the GDX daily chart, but it is Banro, which is what I bet most GDX investors wished their GDX chart looked like now!
  4. I just added Banro (BAA-amex) to the Goldlion Max Risk portfolio. They only have one mine, and it’s in the (Formerly Zaire)
  5. There are a few different properties, but they’re all in one concentrated area, and the total reserves are about 2.5 million ounces.
  6. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun13baa2.png That’s the weekly Banro chart.
  7. After staging two H&S top meltdown events, the stock has seen mega-volume appear, partly due to dilutive financings but….
  8. The AISC (all in sustaining costs) are a staggeringly low $600 an ounce!!!
  9. It also trades on Toronto (BAA.to).
  10. The weekly chart looks like it’s a ten bagger, or even a twenty or thirty bagger, potentially, if they survive the concentration risk in play.
  11. Life is very short, in case you hadn’t noticed. Can YOU imagine wasting your life away, by getting up every morning and drawing giant arrows towards zero, or towards the prices you are most afraid of, on the gold chart?
  12. Horrifically, that’s what most of the Western gold community gurus have become; rancid arrow drawing freaks.
  13. You don’t have time for that garbage. Life is far too short, so please read here now:
  14. There are about 250 mining stocks listed on the TSX (Toronto stock exchange). There are about 1100 listed mining companies on the TSXV.
  15. 60{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the world’s mining capital is raised in Toronto. Banks generally forbid their retail clients from buying junior mining stocks, but they love loaning hedge funds money to naked short them.
  16. Many mining stocks in Toronto have had moves from 2006 to 2015 that are like, “$15 to 15 cents”. Most analysts argue that there are “too many” juniors out there, and the wheat needs to be separated from the chaff.
  17. I’m not disputing the fact that most mining company managers and directors ran sloppy operations for years, but gold was $700 in 2006, and it’s $1100+ now. Oil was $60 in 2006, and it’s $60 now.
  18. Naked shorting, bankster scams on the CRIMEX, and Indian mafia protection rackets are the main reason that gold stocks are trading at “nuked” prices, not “bad managers”.
  19. Also, given the state of rising Chindian demand versus static mine supply, and given how hard it is to find gold compared to other key metals, I don’t think they are “too many” gold explorers in existence. I think there’s… not enough of them.
  20. End the power of the mobsters/banksters, and gold stocks would have to work 10{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} as hard as they do now for each percentage point of upside price action. Regardless, more explorers are needed, to find all the gold Chindia is going to demand. That’s simple 1+1 = 2 arithmetic.
  21. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun13cpn.png That’s GL Eye Opener component Carpathian, staging another 150{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in a week gain, while gold gurus blubber and cry.
  22. Please click here now: http://gracelandjuniors.com/wordpress/wp-content/uploads/2015/06/2015jun13akg11.png That’s the Asanko chart. It’s part of Goldlion’s Top Ten Takeovers portfolio. The triangle can be drawn different ways, but the news that a power company is building a power generating plant beside the mine, for the life of the mine, seems to be what is driving price up and out of that triangle.
  23. You salute these champs, as they get ready to BEGIN production in 2016 Q1 at 200,000 ounces consistently. By 2018, they expect to yanking 400,000 ounces out of the ground, with all-in costs of $800 an ounce and a ten year mine life, roughly.
  24. The Asanko econs are using a 2018 gold market price of $1300. YOU may want to think about what 400,000 ounces with AISC of $800 would mean for the Asanko stock price, if the gold price is vastly higher than $1300 in the 2018 -2022 time frame.
  25. Gridtime: My suggestion is not just to buy gold stocks, but to invest a bit in the pampers company, because the demand for diapers from blubbering gold gurus seems to be skyrocketing, while Asanko’s champion mine builders power up, for the bull era! Let’s hit the gridlines. I’ll see you there!

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

           Cheers

           St

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