Mining Stock Recommendations
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February 3, 2016
We are still holding onto our Calls 100 GLD 02/26/16 - 107.5. These calls are making us a nice profit and according to the Socrates Beta Test we should make much more in the weeks to come.
According to Socrates “For now this market [the GLD] is in an uptrend. Overhead Resistance stands at 111.05 [on a Daily Basis]. Weekly Resistance on a Closing Level basis is 113.25 [the way we analyze these Resistance Level is that we will break through them and go higher]. We see that the trend should change come March so pay attention to events ahead.”
Please note, today, we bought some NUGT - Direxion Daily Gold Miners Index at US$27.62.
I have been asked about forthcoming Mining Stock recommendations and Private Placement Alerts and if I had some now:
- As a Paid-for FDNN Subscriber you will get these recommendations well in advance of my Free FDNN letter Subscribers;
- Socrates says that we will see a Trend change in March and we expect that it will be to the downside we do not expect to give you and Mining stock recommendation until then when there will be total capitulation by investors and even the staunch stick-to-it investors will sell their Mining stocks (most investors sell at the low and buy at the high).
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Stay Tuned for our Next
Paid-for “Looking over the Horizon” FDNN letter!!
Happy investing, from Mining Interactive Corp. and Nick in Vancouver, Canada.
Nick L. Nicolaas
Direct: +1 (604) 657-4058
Nick L. Nicolaas, Mining Interactive Corp. and its Associates (collectively referred to as NLN) are not registered advisors and do not give investment advice. NLN’s comments are an expression of opinion only. Although NLN may have an investment in some of the companies NLN mentions or writes about in his , nothing should be construed in any manner whatsoever as a 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 with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and barring that, NLN urges you to confirm the facts on your own on any companies MI mentions before making important investment commitments. The “looking over the Horizon” Stock Alert letter published by Nick L. Nicolaas does not, and cannot, constitute a recommendation to buy or sell any security.
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The material in the Stock 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 Stock Alert discussion contains 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, believe, 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 are 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. Please consult your financial advisor and perform your own due diligence before considering any companies mentioned in this informational bulletin.
February 3, 2016