May 31, 2015
Yes, it is all about making money but, at this time the most important issue is - - let's NOT incur any losses and quietly make a small Return on Investment and certainly - - let's try to stay ahead of the curve.
In December 2014 when analysts were trumpeting Doom and Gloom and a Market Crash, I was a contrarian and bought more shares during the December ‘Tax Selling Season’ in eight (8) of my favorite Explorers and Mining Companies. On February 12, I sent you the Montan Mining ‘Private Placement Alert #3’ and I bought some shares of that Company as well @ $0.10 (see the Detail Chart here).
I have written many times about averaging down and December of 2014 definitely was a month to aggressively do so. As per ‘the Detail Chart’ a $1,000 investment in the eight (8) Companies I bought shares in, returned me a decent profit.
By being patient, I still feel that these Companies will bring me many more times my investment starting in 2017 and onward.
The next Euphoric CYCLE in the mining industry starting at the end of 2016 will be - - a Blockbuster!
As an aside, on December 26, 2014 the Dow closed the week at 17,805 which indicated that higher highs were yet to be made. However, the consensus by analysts was that we were going to see a Market Crash. - - - the Markets did NOT Crash - - - in fact the DOW went to higher highs to 18,315 and the NASDAQ went from a 4787 close on that day to as high as 5,119 on April 27, 2015. All this was forecasted on Martin Atmstrong's BLOG.
On March 2, 2014 I sent you Stock Alert #1 on Meadow Bay Gold (TSX: MAY; OTCQX: MAYGF) which was trading at $0.10. Today it is trading @ $0.22 so about a 100% profit. I have been buying more shares recently. They are drilling in Nevada and I am expecting positive results. However, the most important change that just took place is that Chris Crupi is now its President & CEO - - importantly, Chris Crupi was formerly CEO at Paramount Gold and Silver Corp. which was sold to Coeur Mining in April 2015 for over $200 million. I don’t want to put any pressure and Chris Crupi but, I would like to have him do the same with Meadow Bay Gold as he did with Paramount Gold and Silver Corp.
In February I sent you my Montan Mining - Private Placement Alert #3 @ $0.10. The stock has doubled since then so I am making some money there as well.
On May 11 through 14 I attended the MoneyShow in Las Vegas. Klondex Mines a Company I have been following with interest for quite some time was presenting at the Conference. Klondex is well advanced and to me there is little risk hence, I bought some shares at an average of $2.96 per share. The shares have already moved up since I bought them.
So, since December 2014 on the total of ten (10) Companies I invested in, I made a profit of $4,219 or 42% (see Detail Chart). Although, I am looking for multi-baggers, making 42% while treading water in this strange and volatile market is not too bad. Most of these Companies are Higher Risk and consequently, I am looking for much Higher Returns as well.
Crestwell Resources (CSE:CER) is my Alert #6 today. I already have a substantial amount of shares in my portfolio and have been buying quite a bit more of that stock recently (Last Trade $0.15). Fabrice Taylor is its Advisor (see May 13, 2015 Press Release).
Fabrice Taylor is a Canadian financial journalist, publisher and investor best known for writing a stock-market column in The Globe and Mail newspaper and the Report on Business Magazine. Since January, 2011, he has authored and published The President's Club Investment Letter, a joint-venture with The Globe and Mail. He also writes an associated investment blog. He is a frequent guest on the BNN network.
Need I say more? Although High Risk, I do expect Crestwell to add to my Financial Health.
Yesterday morning I listened to Brien Lundin of Gold Newsletter fame. I highly respect Brien as an analyst. He and I do not agree on certain aspects in the Markets (e.g. he sees price Inflation and I see Deflation) but, there are several things we do agree on and that is:
- The Gold Market is going to come back;
- Bullish for the long-term;
- The next run could very well be the biggest run in the Gold Market;
- The rise in Gold denominated in US dollars is immaterial. Gold needs to rise in ALL fiat currencies before we see gold rise euphorically;
- Gold may still surprise us for reasons that we never could have foreseen.
In other words expect the unexpected!
* * *
Friends, it is all about making money!
Stay Tuned for our Next FDNN letter!!
Happy investing from Mining Interactive Corp. in Vancouver, Canada.
Nick L. Nicolaas
Direct: +1 (604) 657-4058