August 26, 2018
Klondike Silver “BC Mines Act Permit Approval” for its Silver Mine
Private Placement Investment Opportunity
On Monday Klondike Silver announced that the BC Ministry of Energy, Mines and Petroleum (EMPR) had approved the Company’s Application to Amend the Silvana Mine, Mines Act Permit M-65 Mine Plan and Reclamation Program.
The EMPR Amendment approval gives Klondike the Green Light to immediately proceed to explore and drill the under-explored section of the “Main Lode”, referred to as the “Silver Mile”. The “Main Lode” is the most productive Silver-Lead-Zinc vein in the Slocan Mining Camp in southeast British Columbia, Canada.
On Tuesday Klondike Silver announced a small non brokered $1,750,000 Private Placement of of up to 35,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant, with each warrant exercisable for a period of 5 years from the closing at a price of $0.05 per share. All Units are subject to a four-month hold period from the date of issuance. Commissions may be paid on a portion of the funds raised. The Company expects Insider(s) will be participating for more than 25% of this private placement.
The net proceeds will be used for advancing the Sandon Project in the Slocan Silver-Lead Zinc Mining District located 80 KM north of the Trail smelter in British Columbia, Canada, and for general working capital.
If you are interested in this Klondike Investment Opportunity then let me know ASAP. I may be able to get you some Units in the Private Placement.
Dynasty Gold Rock Chip Samples on the Thundercloud Property Return 3.03 g/t Gold over 30 meters
On Wednesday Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) report the results of a sampling program conducted on targets in the West Contact Zone at the Thundercloud property, in the central Wabigoon greenstone belt in Western Ontario, 47 kilometres southwest of Dryden, Ontario, Canada.
Rock chip samples were collected at the Glatz Outcrop and grab samples were taken from Trench 07-2 where 2007 trench samples returned gold values ranging from 1.0 g/t to 9.8 g/t, averaging 8.02 g/t over 39 meters including an impressive 89.4 g/t over 3 meters.
Dynasty Gold first pass on the Thundercloud property delivered very exciting results. The significance of these results are the samples assayed are rock chip samples from the outcrop which is continuous from the Teck's trench samples from 2007. It means high grade gold mineralization extends to almost 70 meters at average grade over 4g/t.
New rock chip samples collected over the Glatz Outcrop, immediately south of Trench 07-2, returned 3.03 g/t gold over 30 meters of outcrop. This extends the zone of significant gold mineralization from the original Trench 07-2 area which returned 8.02 g/t gold over 39.0 meters for at least another 30 meters to the south and remains open in all directions. Assay results for the grab samples taken in the Trench 07-2 area returned gold grades that are consistent with the 2007 results.
“We are excited about the new data generated by the pre-drilling surface program. Together with Teck’s 2007 trench data, the strike length for gold mineralization has now been extended to 69 meters (8.02 g/t gold over 39.0 meters followed by 3.03 g/t gold over 30 meters), and it is still open in all directions,” commented Ivy Chong, President and CEO. “This is a very significant surface showing.”
Recent review of geophysical data also indicated that there are many untested high IP chargeability and geochemical targets. The size, trend and structural controls on the West Contact Zone and the untested geophysical anomalies on many parts of the Property need further study and follow up. The next phase of the program is to prioritize drill targets on the West Contact and Pelham zones, as well as areas with strong untested geophysical signatures over other parts of the Property.
Gold & Silver, The Dow, S&P 500 and Nasdaq
Gold & Silver
Gold fell back again on Thursday to hover just above 20-month lows as the US dollar rebounded and equity investors celebrated the longest bull run in Wall Street history.
Gold is trading at its lowest relative to S&P 500 Index futures since the start of the global financial crisis in 2007/2008 and the trickle of outflows from gold-backed ETFs have turned into a torrent.
Nowhere is the negative sentiment more evident than on Derivatives Markets where investors and speculators seemed to have lost all confidence in Gold's ability to move higher.
It is also the first time since 2001 that investors have entered Net Short positions (gross shorts exceeding gross longs in Gold).
Gold's status as a safe harbour in times of trouble has been severely dented in recent years. It may reclaim that reputation once it goes below $938.50 and then goes above that number again.
Consequently; we continue to stay away and do not Day Trade Gold and Silver Futures for myself or my Clients who have given me Day Trade Authority in their Accounts.
The Dow, S&P 500 and Nasdaq
The S&P 500 and the Nasdaq Indexes have already emerged from their correction phases and on Monday August 20, 2018 the Dow was within a whisker of bursting out of correction territory if it had closed at 25,886.52 or higher. This underscores signs of renewed optimism on Wall Street. According to Dow Jones Market Data, this is the longest stint that the Dow has spent in correction territory since the 223 sessions in 1961.
Whereas; the Dow did not close above 25,886.52 on Friday, we still must wait for that Turn Around to happen.
The Bull Market is set to become the longest in history and is defying those who have questioned its staying power. The recent bout of optimism around U.S. stocks stems partly on the hope that China and the U.S. can lay the groundwork by the end of the week to end the protracted tariff dispute between these two largest world economies, which is threatening to rattle other economies worldwide.
On Friday the S&P 500 marked 3,455 days since it hit its low of 666 on March 9, 2009.
The Dow is still strong and Bullish, and that Market remains in an Uptrend.
There still is no indication for the Upward Trend to change and we will continue to Day Trade Long the E-Mini S&P 500 Futures and E-Mini Nasdaq 100 Futures for ourselves and our Clients on whose behalf we Day Trade.
* * *
Points to Ponder
- August 19, 2018 – Earthquake - Volcanoes for August/September 2018
August 19, 2018 – Fiji Earthquake 8.2 – More to Come?
August 19, 2018 – Second Earthquake in One Day hit Lombock, Indonesia
August 19, 2018 – Short-term vs Long-term Forecasting Earthquakes
In these four (4) Blogs noted above Martin Armstrong says:
- Regarding continued volcanic activity in the Pacific “That seems to actually begin this coming week 8/20 and goes into the week of 09/10.”; and
- “I never bothered to try to hone in on earthquakes to the day. You cannot forecast the economy and markets without taking into account all factors and that includes NATURE!”; and
- “There are studies that need to be done and knock off the political BS that supports research like Global Warming that produces taxes and divert it to something more practical that can actually save lives now”; and
- “The ripple effect in global markets, both currency, and equity would be very significant as well as the debt markets. Here we strive for long-term forecasts to provide institutions time to shift portfolios that could never be accomplished in 24 hours or less.”
Certainly, observations to ponder upon!
2) August 25, 2018 – Discretion in the Hands of Every Government Agent = Tyranny
Yes, this is the real crisis. As Martin Armstrong says:
“There is no rule of law. US Government representatives get to do whatever they want, and US citizens have the burden to argue what they did violates the law. This is why rarely will a cop ever be found guilty of even murder when killing someone. Judges will routinely argue they were justified because they THOUGHT their life was in danger.”
“There is really nothing you can do. The circle is complete. We [in the USA] have returned to the same position that started the whole thing and we once more face “the worst instrument of arbitrary power, the most destructive of English liberty, and the fundamental principles of law, that ever was found in an English law book.” as the Writs of Assistance in the Entick case, because government agents can do whatever they desire, and it is our burden to claim we had any right, the [US] Constitution has been completely nullified. It exists only if we have the MONEY to hire lawyers who price themselves way too high and that ensures people are not defended. Otis [U.S. Supreme Court Decision, Otis v. Parker, 187 U.S. 606 -1903] warned that the king placed discretion in the hands of every agent to act as he desired.
3) August 26, 2018 – Trump & the Trade War
The US Government is now funded by just shaking US citizens upside down and inventing countless taxes so it does not have to report the total cost of taxes.
* * *
To ensure you will become rich
you should become a Paid-for subscriber to the
“From the Desk of Nick Nicolaas” letter.
I do hyper-precise market evaluation to assist me in making optimum Return on Investment when trading the US Markets. This is a very valuable asset to have when I decide as to what to trade in the US Markets, based on Martin Armstrong’s advice based on his Artificial Intelligent Computer named “Socrates”.
Outside of the people directly working directly with Martin Armstrong,
I am probably the best person in the world interpreting his work based on Socrates for myself and our Paid-for Subscribers.
To become a Paid-for Subscriber
* * *
For questions with regard our Services or Day Trading please contact me at email@example.com. I can also be reached at +1 (604) 657-4058
Become one of our Paid-for Subscribers to the “From the Desk of Nick Nicolaas” (FDNN) service in order to make serious Return on your Investments.
To become a Paid-for Subscriber
* * *
It’s all about profitable trading!
Stay Tuned for our next Free of Charge 'From the Desk of Nick Nicolaas' (FDNN) letter
Please Forward this Message to a Friend
From Mining Interactive Corp.
in Vancouver, Canada Nick L. Nicolaas
Direct: +1 (604) 657-4058
Skype: nicknicolaas firstname.lastname@example.org
Nick L. Nicolaas; Mining Interactive Corp. and its Associates (collectively referred to as NLN) are not registered advisers and do not give investment advice. NLN’s trading comments are an expression of opinion only. NLN may have an investment in some of the companies or trading instruments NLN mentions or writes about, nothing should be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity or any other financial instrument at any time. While NLN believes all statements to be true, they always depend on the reliability of NLN’s sources. NLN recommends that you consult a qualified investment adviser, one licensed by the appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions and NLN urges you to confirm the facts on your own regarding any trades or companies NLN mentions before making important investment commitments. The “Stock and Private Placement” alerts written and distributed by NLN do not, and cannot, constitute a recommendation to buy or sell any security.
NLN Day Trading is based on the Princeton Economics Institute (PEI) Martin Armstrong Socrates Forecasts and Alerts however, PEI and NLN are arms-length companies and nothing should be construed in any manner whatsoever that PEI and NLN are affiliated companies.
WE SEEK SAFE HARBOUR
The material in the “Trading Based on Martin Armstrong Socrates Alerts” and the “Stock and Private Placement” alert letter published by Nick L. Nicolaas is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The “Trading Based on Socrates” and the “Stock and Private Placement” alert discussion contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,” confident that, belief, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include but are not limited to future events and financial performance of the company which is inherently uncertain and actual events and/or results may differ materially. In addition, we may review investments that are not registered in the U.S. We cannot attest to nor certify the correctness of any information in this note. NLN owns shares in Meadow Bay Gold Corporation; Ashanti Gold Corp; Klondike Silver Corp; Northern Dynasty Mines; Exeter; Arrowstar Resources, Klondex Mines and Dynasty Gold. Please consult your financial adviser and perform your own due diligence before considering any companies mentioned in this informational bulletin.
August 26, 2018