JUNE 23 JMU

Juniors PGEN Marines Update (JMU).

(Pronounced “JAYMEW”)

 

June 23, 2016

 

Junior PGEN Marines Update 

 

  1. Please click here now: https://galacticjuniors.com/wp-content/uploads/2016/06/2016jun23burn1.png Oh, no! Bitcoin is on fire!
  2. After reaching $778 on a huge charge higher, the Krypto King was hammered over the past 48 hours, perhaps by the banksters!
  3. I’m a buyer every $25 down, and a seller every $50 to $75 higher.
  4. Please click here now: https://youtu.be/kfuHgzu1Cjg Mustang Sally shoots, Mustang Sally scores!
  5. Or… she will if you please click here now: https://galacticjuniors.com/wp-content/uploads/2016/06/2016jun23mum1.png That’s the monthly Mustang Minerals chart. The price has tanked from about $1.50 to half a cent a share!
  6. But, pgen to zero fans… please click here now! https://galacticjuniors.com/wp-content/uploads/2016/06/2016jun23mum2.png That’s the daily chart. It’s up 50{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} today alone, on monster volume, and it’s a three bagger from the “it’s all over” half a cent a share lows!
  7. There is only ONE way to approach junior resource stocks, and most stocks for that matter, and that is via pgen to zero.
  8. If you start buying a stock like Endeavour Mining, which is a key component of the Goldlion Top Ten Takeovers Portfolio, at about $20, you may find it goes higher.
  9. After all, it was over $100 a share at the 2007 high. The problem you run with that strategy is defined by a question:  Where were you in 2013, 2014, and 2015?
  10. While the gurus promised it was a “bear market” (It was a bear cycle from 1996 to 2015, not a bear market from 2011 – 2015) all through the 2013 – 2015, they bought absolutely nothing.
  11. In December of 2015, they were standing there, promising you one more trip down nonsense. Then, Janet really hiked rates as I told you she would, and gold staged a mega blast higher, as I told you it would when she hiked.
  12. Endeavour has staged an eight bagger advance from the Dec 2015 lows. Yes, it still offers tremendous value here at $20 but…
  13. Just as the gurus and the flocks totally blew it on the buy-side from 2013 – 2015, if Endeavor has a serious sell-off, they won’t buy anything at all.
  14. If YOU bought nothing in 2013 – 2015, you need to be very careful about how you approach Endeavour here. That’s not because it’s going massively lower, but because you might emotionally break if it simply goes significantly lower.
  15. So, the pro-style strategy here, for most junior gold stock enthusiasts is to use a range pgen in this rough general area, yet keep a significant capital to buy the stock if it goes vastly lower.
  16. If you did buy in the 2013 – 2015 period, but then top called yourself out of your core positions, in Endeavour, and/or in other junior gold stocks, your strategy is a bit different.
  17. In your case, you need to just go buy those core positions back. The pain you’ll eat on a significant pullback here is peanuts compared to the original pain you ate buying those positions.
  18. The Brexit may turn out to be a wet noodle event, but I wouldn’t bet serious money on that idea. I have gold bullion pgen buy orders down to $1210 just based on a “Stay” win.
  19. For junior stocks, YOURS, my suggestion is to place some buy orders pretty deep into your personal shock zone, and if gold is hit, your buys will likely be filled.
  20. Gridtime! Place some light sell orders in your upside personal surprise zone as well, because given the flooding in London (where the most “stay” voters are), the vote could be a photo finish, and I would not count the “Leave” crew out just yet!  You’ll be accompanied by major institutional power players on the buy if it’s a “Stay” win, so you don’t need to be afraid of anything.  GoldLion has a new interesting graphite play to go along with Great Lakes.  I’ll go over both those stocks in the next update.  Let’s hit the junior gold stock gridlines now.  I’ll see you there!

 

Kirk Jr. on the gold explorers bridge, out!

Thanks!

Cheers

St

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