Juniors Written Update JWU.

(Pronounced “Jaywoo”)


May 16, 2015




  1. It was a fairly big week for the one percent of the gold community (you) that actually bought any junior stock into the Dec 2014 lows.
  2. At those lows, 90{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of gold gurus lined up to promise you “one more trip down”, “Dow to soar”, and various other imaginary scenarios that came on the prize in their crackerjack boxes.
  3. It’s report card day for the week. Let’s see if you and your stocks, get any A grades!
  4. So, please click here now: That’s the daily chart for Asanko.
  5. I told you that an upside breakout from the large ascending triangle was “imminent”. The breakout happened days later, and the volume is very good.
  6. Asanko has reserves of 2 million ounces+, and AISC (all in sustaining costs) of about $800 an ounce, on their Ghana project. I love the fact that they are on target for Q2 2016 production. Why produce at $1200, when you can produce at $1400?
  7. Gold could easily be $1400 by 2016 Q2, and that would create an institutional buying frenzy on stocks like Asanko. I think the gold companies that are setting up for production in 2016 -2017 are really blessed in a lot of bull era ways!
  8. Morris Hubbartt, like 99{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of Western gold gurus, underestimated the power of the banksters during the 2010-2014 period of the financial crisis. He was sure gold was going to Pluto, as most gurus were. He didn’t know where India was, or even that they bought any gold.
  9. After getting thoroughly beaten behind the gold and silver price barn, by the banksters and the Indian mafia, he’s done a lot of soul searching, and gone back to what made him successful in the first place; the study of volume. Drawing arrows into the sky when there’s no volume is…. Madness.
  10. Gold bear and gambler rambus had a chance to become a bank-level technician, but he blew it for a number for reasons, including a closed mind and ignorance of physical metal ownership. He also blew it because he doesn’t follow volume. He’s another market loser than will be long forgotten, as the Chindian fundamentally driven bull era rolls on.
  11. Edwards & Magee suggest that volume is arguably more important than price for chartists. The COT reports for gold and silver are volume reports, but few investors in the gold community really understand that.
  12. I issue volume alerts for your junior stocks, and on that note…
  13. Please click here now: That’s the daily chart for Jaguar. They have 5 million ounces in Brazil operations, but they’ve struggled after a reverse split.
  14. In early 2015 Jaguar tried to rise from a H&S bottom pattern, but volume was low.
  15. Look at the volume now.
  16. GoldLion reminds me that I forgot to add his Max Risk portfolio to the new wordpress website. That’s done now.
  17. For a snapshot of it, please click here now:
  18. Two of the three stocks in it, are on a blistering upside tear. Please click here now: That’s the weekly chart of one of them, Geomega. There was volume alert in play on the sell-side in the $1 area in the spring of 2014.
  19. Now, There’s a volume alert in play now on the buy-side!!!
  20. Please click here now: That’s the daily chart. For the past 3 weeks, GMA has gained almost 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} a week!
  21. Please click here now: That’s the second Max Risk portfolio holding, Lydian. Is rocket man on deck for Lydian, like he was for Asanko? Only those who are invested, will benefit, if he is!
  22. Please click here now: Holy four baggers batman! That’s the third holding of the Max Risk portfolio. Maybe it should be renamed “Max Party” portfolio, if this kind of action continues!
  23. Can YOU imagine shorting and selling these stocks at the December 2014 lows, along with the other 95{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} of the Western gold community? I can’t, and let’s hope you can’t either!
  24. If you did buy either Mega or Geomega, consider booking some profit and allocating a bit of that profit to Lydian.
  25. Report Card Day! What a week it was. I’ll be posting some videos of the Thunder Down Under (Aussie) gold stocks. The bears are being thrown on the Barbie at record rate, and Evolution Mining is just one of the chefs, hosting that show! Let’s hit the bull era gridlines with a smile. I’ll see you there!



Kirk Jr. on the gold explorers bridge, out!




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