Denaliguide Summit

A magician promises to deceive you and he does sleight of hand, misdirection at a key moment

A Biblical cycle timing expert, and geopolitical expert states. With “The Noah cycle of 40 days and 40 nights “ comes the great UNDONE. so folks make sure your Ouija boards are oiled up and ready to go ! Look over here at this bright, shiny object, never mind those dull uninteresting facts. Very Entertaining, Thanks Mr. Pony!

So when you meet narcissistic frauds like this, Run, Don’t Walk as far as you can away. I blacklist them.

Enough wasting time. For the fun stuff JUNIOR GOLD MINERS.

Here they are, the heroic salmon of the miners. They always swim upstream against huge odds, like bears, eagles, and con men, to name a few hazards. TREWLAWNY Mining, worth remembering. IAM Gold acquired them. There was quite a stir. The publication revealed they had drilled over 500 meters. It was close to 1 gram per tonne. This was for about 7 million oz of gold over the life of the mine at Cote’ Lake. As salmon go, this was a monster. The point here is clear. When the goods are available, the fancy footwork stops. Even the smoke and mirrors are blown away.

Next stop, GREAT BEAR Mining, hit 500 meters of 2.5 grams @ tonne of Gold in the DIXIE Zone. You can see something was happening. They announced drill results between 2018 and 2020. Kinross began investing in them. We saw them and recommended when they jumped to $3.00 from a standing start. The total buyout compensation was something over C$ 30.00 with all classes of securities included. Again, a Junior Gold goes Big Time.

Kinross is one of the big 5, at least in Canada. They expect maybe 6 to 8 million ounces of gold to be produced from the original sites. This is notwithstanding new deposits.

You have deposits, proximity, and money available. These are the most important units required for a Gold Junior Miner to make it big time. Those are some of the hazards of being a salmon swimming upstream in the Junior Gold Miner space. No magicians can change any of that.

Gold as per an outlook, is showing up in a lot of conversations about debt, reserve currency, and trade.

Its unrealistic ignoring that Gold will not correct this run, in some measure. The pressures are incessant, but the forces of suppression will not go away. I suspect they will be far less successful than in the past. Nonetheless, this does not remove the need to be aware of potential corrections.

Why not more M & A activity in Gold Juniors. Or maybe not yet. The Juniors with big probability deposits be playing coy. The memories of overpaying for merged plays lingers,  so that is a factor here.

The meme “Always a Bridesmaid, Never a Bride” has played so many times for Silver. No one in North America believes in the current manifested trend in Silver.  Very few except for SilverBugz.

Now all the SilverBugz, talking among themselves, are celebrating pre-maturely? Maybe. Reading I see all manner of projected price targets, some far out. From my internal data, I can develop a series of potential targets for silver within the coming 12 months. These targets are: US$ 45, next US$ 50, and lastly in this series, US$ 70. Some others are projecting higher which to avoid gossip, I will not mention here. The Gold::Silver ratio is 100::1, which is a historical anomaly. Guesses are being made about the ratio’s potential to revert to a more historical mean (lower).

My Silver Canaries tell me nothing about that, and are calm in their environments, not upset.

Till next time,

Denaliguide (Nick)