may 21 junior marines update

Juniors Written Update JWU.

(Pronounced “Jaywoo”)


May 21, 2015




  1. Please click here now:
  2. That’s a news update for Sabina. They have about 1.5 million measured and over 3 million indicated for close to 5 million M&I.
  3. Please click here now:
  4. That’s the daily chart for Sabina. I like the action. Obviously a move above 45 cents would be even better action. I don’t see anything of concern on the chart, and the news flow is solid.
  5. Bitgold ( is in the news. They are trying to put together a payments service that competes with the banks. The main issue, at least for now, is the 1{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in and 1{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} out fees. Still, keep an eye on the stock.
  6. The float (free trading shares) are only about 8 million. It’s risen about tenfold since starting trading a week ago, from 90 cents to $8.
  7. Please click here now: Jaguar, a flying five portfolio component, is only up about 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} in two weeks, from the “it’s all over” ten cent a share lows.
  8. I want you to think about average investors in various asset classes. How many of them, in the real world, actually have lived through 1 or more meltdowns?
  9. How many of them bought anything at all, into that single meltdown? So, if none of them bought into the meltdowns, do you really think they have magically avoided all the meltdowns? Do you really think it’s possible for an average investor to magically leap from one asset to another, avoiding all the meltdowns? No, it’s not possible, and if the eggheads buy nothing when the meltdowns occur, then they likely assign themselves lifetime loser status as an investor, and most certainly do that if they endure several meltdowns. Don’t be like them.
  10. The Dow was 400 at the peak of 1929. It was 1000 at the peak of 1966. It’s 18,000 now.
  11. Sooner or later, you have to face the asset embracement music. With junior gold stocks, that means throwing prediction out the window, and preparing to buy stock in the “it’s all over zone”.
  12. It also means considering keeping a reserve tank of capital to buy stock when there is a reverse split.
  13. Please click here now: Midway is another classic example of a junior stock that almost went to zero.
  14. Then, in 3 days, it staged a three bagger move.
  15. Heads up: Most blue chip stocks take a trip towards zero at some point in time. Believing that YOUR junior gold stocks won’t do that is…. A sign of insanity.
  16. I don’t know if Midway comes back from the abyss or not. I think it does, but that’s not a guarantee. General Electric almost went off the board in 2008. I didn’t think it was coming back, as I bought it into the tick lows holding my stomach. Midway isn’t exactly GE, to put it mildly, so there are no guarantees.
  17. The volume looks good. The board looks good, and the project looks good.
  18. The rest is up to the pgen to zero. YOURS.
  19. Please click here now: That’s the daily chart of Continental Gold.
  20. I’m showing this more to talk about gold and silver bullion than Continental itself.
  21. Yes, CNL has blasted up from a symmetrical triangle pattern. Yes, if you own it you should be booking some light profits here.
  22. And…. Yes… gold stocks tend to lead gold. All the gold bear morons that showed up in Dec 2014 were not seeing the rallies that had already started on some of the gold stocks.
  23. And, incredibly, many of these gurus are still negative.
  24. Do you remember when they all drew the H&S top patterns on gold and silver, and they all predicted a big capitulation and “one more trip down before we go vertical” ? Do you see anything like that on CNL? No. Do you know how stupid it sounds to say, “one more trip down and then we go vertical” when there is nothing to fundamentally justify either one more trip down or going vertical? When the gurus should be doing is embracing their own stupidity, and buying it.
  25. Gridtime! Are the Chinese lightening up on T-bonds, and investing that money in infrastructure? What happens to your gold stocks, as that happens? What happens as infrastructure grows? It’s a bull era, and 2.5 billion Chindians, and many of your gold stocks, already know it. Let’s let the junior gold stock gridlines now. See you there!


Kirk Jr. on the gold explorers bridge, out!




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