October 1, 2017
Re: Blind Creek Update – Day Trading Results - Changing our Modus Operandi - Points to Ponder
Blind Creek Resources Update
On Thursday September 21 Blind Creek Resources (TSX-V: BCK) issued a News Release announcing it closed the 2nd tranche of its Non-Brokered Private Placement. It raised another $414,000 through the issuance of 2,070,000 Units priced of $0.20 per Unit. The Company has now raised $ $682,467 of its $1 million Private Placement.
Go to Blind Creek website and click on News and read September 21, 2017 "Blind Creek Extends Private Placment and closes Secon trance pf Private Placement"
The Company also announced that the TSX Venture Exchange has granted an extension to the deadline for filing final documentation for this private placement to October 20, 2017.
I initially made you aware of Blind Creek on July 16, 2017 and I continue to stand by the Company and I continue to buy its shares buy its shares because by 2020 to 2022 it will make me very rich indeed. So, I patiently wait for that to happen.
If you are interested in buying some of the remaining $1 million Non-Brokered Private Placement then let me know and I will arrange to get the Units for you. The shares traded last @ $0.21.
When you buy the Blind Creek Private Placement @ 20 cents you buy a Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant (Warrant). Each whole Warrant (2 half Warrants) is exercisable to purchase one common share of the Company at a price of $0.35 per share for a period of one year after closing of the financing. In effect you receive an Option to buy more Blind Creek shares at a locked in price of $0.35 per share for a full year after the financing closes.
All securities of are subject to a four (4) month hold period after the closing date. The proceeds from this Private Placement financing will be used primarily to provide for costs associated with advancing the Blende (Zn-Pb-Ag), recently acquired AB (Zn-Pb) and Engineer Gold Mine (Au-Ag) Properties, and for general working capital.
Blind Creek is a company with great assets to which the Company is continually adding as well as improving.
They are hard at work and as an example; on Monday September 25, 2017 the Company provided an exploration update on its Blende Property in Western Canada.
Last week I wrote about several companies I recommended in the past and I stated Patience is Golden. With all that is going on with the Company I suggest you subscribe for the Blind Creek Private Placement and buy some free trading shares as well - - - then sit back and patiently watch your wealth grow.
Here is a Blind Creek Corporate Summary for you to peruse.
Day Trading results for Monday the 25th and Tuesday
September 26th, 2017
- I followed the Socrates (SOC) analysis exactly when Day Trading and on Monday because Gold did have that forecasted “Knee Jerk High” and closed at $1,311.50 that day. I shorted the COMEX 5000 SILVER FUTURES on Monday and then bought those FUTURES I shorted back when the Socrates (SOC) “Reaction High” developed during the week;
- In the Dow Jones Industrial Index Cash SOC forecasted it would be “Turning BACK DOWN” on Monday and for the week we would see a “Reaction High”. I bought the E-MINI NASDAQ 100 FUTURES on Monday while the Dow was down and sold them during the week;
- In the Euro SOC forecasted that on Monday the Euro Adjusted Futures would be “Losing Momentum” and for the week a “Reaction Rally”. We bought the E-MICRO EURO/USD FUTURES on Monday and then sold the Futures during the week.
Three (3) out of three (3) winners - - - 100% accuracy.
Three (3) cheers for Socrates and its forecasts!
We are changing our Modus Operandi
For many years I have written these Free of Charge “From the Desk of Nick Nicolaas” (FDNN) letters and have given readers heads-up on Sunday each week on:
- Trading based on the Martin Armstrong “Socrates” Alerts;
- Made you aware of the excellent profits we made Day Trading based on the Martin Armstrong Socrates forecasts like the ones we made this week noted above;
- Given you information about mining shares we bought; and
- Brought to your attention Private Placements that became available from time to time in which you were able to participate.
Starting next Sunday this Free of Charge FDNN letter and our Modus Operandi will change as follows:
- We will no longer include information on the NY Gold Nearest Futures, Silver, the Dow Jones Industrial Cash, the Euro and the Yen;
- We will continue to give you heads-up about Stock we have bought in companies that we feel are great investments moving forward as well as heads-up about Private Placements in which you the read may have wished to partake.
However, you only received the heads-up from us - - - after Paid-for FDNN subscribers received those Messages from us a one week or two weeks before you, the reader of the Free of Charge FDNN letter, received that information.
“Continue to Stay Tuned” for our Free of Charge FDNN letter “Stay Tuned”
Points to Ponder
- John Mauldin of Mauldin Economics wrote the following on September 25, 2017:
The “Stupid User” Defense
“The computer industry has developed a defense that most industries have tried at one point or another: the “stupid user” defense. When a hack occurs, the spotlight turns to the victim, who is said to be responsible for preventing such attacks. Consider my favorite attack: phishing. A phishing attack happens when someone receives an email and clicks on a malicious link contained in the email. This triggers a process where the program linked to the email searches for, finds, and transmits information from the computer to the sender of the email.
The view of the computer industry is that the responsibility for this attack rests with the stupid user who clicked on the link. The computer industry has made it clear that you should never click on a link from an unknown sender. Announcing this has discharged the industry’s responsibility. But assume that a company had 5,000 employees. The probability that one person out of 5,000 would not click on the link is near zero. An effectiveness rate of 99.98% in preventing clicks would not be enough to prevent potential disaster. A business or individual would have to prevent all mistakes perfectly and permanently.
At a higher level, the industry blames the stupid administrator. The security sold with servers, laptops, and the rest is primitive. In selling the equipment, the rule is caveat emptor, let the buyer beware. It is the job of the IT administrator not only to keep things running but also to acquire and maintain a host of security hardware and software to keep the system secure. The problem is not that these tools are fiendishly expensive but that they constantly become obsolete and have to be reconfigured or replaced.”
“There is a cadre of criminals and vandals that is constantly trying to circumvent security systems. The advantage is with the attacker. The defender must reconfigure his system to meet a new attack, which the attacker will make certain is novel and therefore not anticipated. This new attack must be detected by users and communicated among them and then a defense must be developed and implemented. This process takes days or weeks.
For midsized and small businesses, maintaining constant awareness of new attacks and having the expertise to block them is absurd. And for the very largest businesses, the resources are never enough to prevent all errors in protection. If the attacker fails, no one knows about it and he will live to fight another day. If the defender fails—and the computing system is so shabbily built that it generates failures by its own lack of sophistication—he is all over the front pages.
We all know that computing systems are liable to attack. We also know that the system is designed for failure. At some point, someone will commit an error and click on a malicious link. Given the increasing tempo of attacks, expecting that administrators will never fall behind the curve is ridiculous. We also know that computer companies have pushed the responsibility for security on users, telling them to acquire third-party software and hardware. Security not only costs significant amounts of money, but it also requires expertise in acquiring, integrating, and configuring the equipment. Finally, the third parties are themselves liable to error.
The problem, as I have written before, has to do with the primitive nature of computers. The basic structure of hardware and software was created to allow upgrades and third-party software to run on the systems. Since much of this came from outside vendors, authenticating the legitimacy of the code was difficult. It still is difficult. Computers can play vastly complex games, but they cannot identify malicious code. Computer companies solve the lack of evolution in computer security by pointing at the users. Try this in any other industry and I am reasonably certain that the lawsuits would be flying, regardless of what the fine print on contracts said.
But it is not just the legal issue—although I am fascinated that no one that I know of has brought suits against the computer industry for knowingly selling defective products. Rather, my concern is geopolitical. The world has become utterly dependent on computing. I am typing this on a computer, and my personal information was compromised on a computer. The attacks are mounting, and the vulnerability of our financial and military systems—and those of the rest of the world—are not only vulnerable but under constant attack. We cannot abandon computing, nor can we risk the consequences of using these systems. Nor will the “stupid user” explanation work when most users are as ignorant of computing as they are of the internal combustion engine.
The computer and the car have become utilities where the manufacturers are given great value by society. Cars have roads, and computers have access to the Internet. Both have utilitarian necessity. But cars are expected to maintain certain safety features.
It would seem reasonable that an industry whose failures can wreak havoc globally should be expected to build security into its own systems.”
Yes we have to be vigilant opening up suspect e-mail however, John Mauldin who is a Free and Clear and Outside of the Box thinker is absolute correct - - - It is up to the computer industry to protect the “Stupid Users” - - - so, get on with it.
2) MA Blog dated September 27, 2017: Monetary Crises & How to Trade a vertical Market and World Economic Conference (WEC) Orlando, Florida November 3 & 4, 2017
Marty has made us aware at several previous World Economic Conferences that we are facing a Monetary and a Pension Crises which are happening now. MA will talk about this again at the Orlando, Florida WEC on November 3 & 4, 2017 and for you financial benefit
The Conference will focus on the Monetary Crisis Cycle starting in 2018, the Sovereign Debt Crisis which also will begin to heat up in 2018 as well as the Pension Crisis. How each will impact the future and the markets moving forward will be the key topic.
I highly recommend you go to Orlando and listen to him!
You can Register HERE
3) MA Blog September 28, 2017: The Pension Crisis is Coming to a Boil
Yes, as I noted in the Point to Ponder noted above the Pension Crisis is happening.
4) MA Blog September 30, 2017: Sports on the Decline
Yes, mixing politics with sports is very bad idea. If I lived in the USA I would be angry as well. I go to a sports game because I like sports and certainly do not wish to watch politics unfold on the field or on the court.
It’s entertainment I want - - - not politics!
5) MA Blog September 30, 2017: 2015.75 [October 2, 2015] was just the beginning
Please pay attention to what Marty states in his Blog: “We are looking at an economic crash – not a market crash. As government implodes with the Pension Crisis, capital shifts from public assets to private. This is a process that is not instantaneous, it is an ongoing event that will worsen now into 2020 and it will not end until this Private Wave peaks in 2032.”
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and that you subscribe his
Socrates Standard Membership service.
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It’s all about profitable trading!
Stay Tuned for our next Free of Charge 'From the Desk of Nick Nicolaas' (FDNN) letter
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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.
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