Dow 20000 and Gold 1400 Update
With the Dow hitting all time highs, five days in a row in mid July, we are now less than 1600 points from reaching our long term, five year goal. The Dow is now up 3062 points from Black Monday, August 24th.
Meanwhile gold was within $30 of our 1400 target before backing off. Both of these markets are behaving very well and should reach their numbers soon.
Our $50 oil price was met easily, and should bottom in late Q3 before testing that price once again.
Copper and Zinc had a great month as well. Trevali is up 255% from its November lows, as anticipated, on over 440 million shares traded.
From December 2, 2015:
"This one will be good for a 100% to perhaps a 300% move, in time I think."
https://ceo.ca/tv?b55d3b240eb2
https://ceo.ca/tv?ee21cf0331b8
There are several gold and lithium stocks that matched this performance in the BeckDex and BergDex.
Money should continue to pour into lithium stocks with comments like this from a Bloomberg article on Sunday:
"Automakers are pouring money into developing autonomous cars as more than 9 billion people are expected to move to megacities over the next 25 years. Self-driving cars moving in harmony are expected to eventually ease congestion and make roads safer."
Talking Our Books
Total BergDex exposure was 114% average (up 24% from June) over 27 stocks. This is usually what happens in the initial stages of a junior bull run. These are not just random picks. They have over 100 years experience between the three gentlemen, 11 discoveries, and 7 mines that went into production.
The BergDex is well on its way to meeting our prediction of over 200% per stock average by mid February.
This is how the BergDex performed for the week, starting with his initial 3 Globe and Mail picks from March 4:
$LIX Up 141%
$PGM 196%
$NGZ 144%
That's an average of 160% in 21 weeks public exposure to the entire Globe and Mail subscriber base that read Robert Hirschberg's interview.
Check out the realtime returns on Robert's other picks from his first tweet (plus 16 recent public additions) on March 24th:
$BOL Up 60% $CAP Up 200% $EAM 195% $GSH 42% $NFR 231% $NX 47% $WML 276% $WPQ Up 33%
Recent Additions
* April 18: $XMG Up 59%
* April 29: $MAY Down 47% $IDM Up 50%
* May 05: $AVA Up 182% $CWM Up 100% $EMO 42%
* May 13: $ASE Up 89% $GPY 155% $SSV 142%
* May 25: $KNT Up 93%
* June 1: $QBA (KWC) Up 105%
* June 9: $AMU Up 60% $AWE 100% $TYE 0%
* July 4: $CBG 87%
* July 25 RJX.A 60% (New)
March 24th stocks up average 135% over 8 picks
Recent additions are up 98% over 24 picks
Total BergDex public exposure is 114% average over 27 stocks
$RJX.A RJK Explorations was added to the BergDex as well as my portfolio on July 25th at 0.125.
$PRS Prism Resources
PRS has tripled since March 27th:
"$PRS.H Prism Resources (added to BeckDex 40 today) may be the sleeper of the year. Australian expats Baxter and Moody, and their long-time successful Peruvian partners have generated over $4 billion in committed mining development, and construction.
If and when billionaire Guido del Castillo purchases the remaining 30% of $IDI Indico, Prism will immediately be in play. $PRS.H has traded a total of 321,742 shares this year at an average price of 0.065."
https://ceo.ca/@50YearBeckFan/kenny-rogers-and-the-immutable-law-of-reciprocity
Guido del Castillo ended up with 100% control of the Irmin property by paying Indico 6-million (U.S.) in cash and granting the company a 1-per-cent net smelter royalty.
The market will ignore the royalty until the property is in production. The good news is that the very credible Tim Moody (ex Rio Tinto) has joined the $IDI board:
"Mr. Moody has an impressive record in the discovery of mineral resources and commercial transactions in Australia, Asia, Latin America, Africa, Europe and North America. This includes leading the teams in identification and exploration of several projects now in feasibility and/or production in Peru, including Mina Justa, Constancia, La Granja, Corani and Ollachea."
Prism and Indico are joined at the hip in every way possible.
Prism has had four important developments of late:
1. PRS entered into a definitive agreement with $TV Trevali Mining (Market Cap $342 Million) to acquire 100% of the Huampar Silver and Gold Mine.
2. Prism has appointed Trevali's CEO Dr. Mark Cruise to the board of directors.
3. A few elite brokers from Raymond James and Haywood, with several company related takeover profits participated in a $1,560,400 PP.
4. A drill program for the Cerro Oro project in Colombia will begin within the next two weeks.
Huampar:
- Historic, non-NI43-101 compliant, mineral reserve of 874,412 tonnes averaging 1.3 g/t gold, 209 g/t silver, 3.31% lead and 3.63% zinc (minor copper mineralization).
- Maintained mine infrastructure with 600-person camp.
- Fully permitted for a 400-tonne-per-day mineral processing plant.
- Future plans include recommencing of mining operations.
"Huampar is a former producing precious metal mine with a lead-zinc association and concentrate products, Huampar represents an excellent opportunity for Prism to become a silver-gold and base metal producer in the short term."
--- Bob Baxter
The "Takeover King" model is working again, as it has many times this year in the BeckDex and BergDex featured companies. Thinly traded PRS shares are offered at 45 cents. Loyal shareholders participated in $520 million in profits from Hudbay, and $244.5 million from China Sci-Tech holdings. The structure is as tight as the seemingly non-existent sellers.
My personal portfolio:
AVA CWM CXO DMA EMO GPH HPL IDI IDM JEM LAG LIX MCC NDR NGZ PRS WML XMG ABN CT CBG GFK (New: RJX.A) (10 of these are in the BergDex 27)
The BeckDex 60 percentage gains at month end from 2014/15 Lows:
$LIX 486% $SBB 346% $IDM 223% $NXE 931% $PTM 217% $SKE 191% $JEM 200% $HPL 300% $IDI 100% NCA 372% (Was CCY) $MCC 900% $BOL 167% $EAM 883% $CAP 991% $CRH 705% $GSH 350%% $NFR 562% $NDR 257% $NGZ 450% $NX 340% $PGM 914% $WML 3033% $WPQ 220% $KES 1600% $BAR 194% $DMA 317% $MAG 138% $WKM 286% $RLG 2400% $CXO 1080% $RST 1000% BAY 431% $WLF 140% $LAG 212% $GGS 2150% $GPH 31% $NEV 112% $IN 29% TV 255% $BTH 2% $GLH 47% $KRN 333% $PE 4200% $KOR 300% $SSP 668% $RMX 333% $XMG 119% $PRS 400% $MAY 55% $AVA 1180% $CWM 300% $EMO 325% $ASE 240% $GPY 1157% $SSV 1740% $KNT 93% $QBA 241% (Was KWC) $ABN 300% $AMU 220% $AWE 300% $TYE 600% $CT 3600% $CBG 400% GFK 380% $RJX.A 100%
Over 1000% Exposure
* AVA 1180%
* CT 3600%
* CXO 1080%
* GGS 2150%
* GPY 1157%
* KES 1600%
* PE 4200%
* RLG 2400%
* RST 1000%
* SSV 1740%
* WML 3033%
Recent Reports
The Great Bull Market of 2016 Update and a Portfolio Addition (July 4)
https://ceo.ca/@50yearbeckfan/the-great-bull-market-of-2016-and-a-portfolio-addition
How Elon found US (June 12)
https://ceo.ca/@50yearbeckfan/how-elon-found-us
Ten-Bagger Update: ZZ Top & Muhammad Ali (June06)
https://ceo.ca/@50YearBeckFan/ten-bagger-update-zz-top-muhammad-ali
The Tina Turner Ten-Bagger Tour (May 23)
https://ceo.ca/@50YearBeckFan/tina-turner
Phil Collins and the Inimitable Dr. 7-Eleven (May 8)
https://ceo.ca/@50yearbeckfan/phil-collins-and-the-inimitable-dr-7-eleven
10-bagger update: Billy Joel and a 9-cent porphyry (May 2) https://ceo.ca/@jameskwantes/10-bagger-update-billy-joel-and-a-9-cent-porphyry
The Boss and BeckFan: 10-bagger update (April 25) https://ceo.ca/@50yearbeckfan/the-boss-and-beckfan-10-bagger-update
"I'm with The Police" - TSXV 10-bagger update (April 18) https://ceo.ca/@50YearBeckFan/summer
Eric Clapton: Rock'n Stock Talk (April 11) https://ceo.ca/@50yearbeckfan/eric-clapton-rockn-stock-talk
On Jeff Beck, Elon Musk and the power of intention (April 4) https://ceo.ca/@50yearbeckfan/eric-clapton-rockn-stock-talk
Kenny Rogers and the immutable law of reciprocity (March 27) https://ceo.ca/@50YearBeckFan/kenny-rogers-and-the-immutable-law-of-reciprocity
From the Four Seasons to Expo 86, and the Birth of CEO.CA (March 20) https://ceo.ca/@50yearbeckfan/from-the-four-seasons-to-expo-86-and-the-birth-of-ceoca
1974 All Over Again (March 13) https://ceo.ca/@50YearBeckFan/1974-all-over-again
The Trickle Down Theory: Large Gains in Junior Miners and Micro-Caps (March 7) https://ceo.ca/@50yearbeckfan/the-trickle-down-theory-large-gains-in-junior-miners-and-micro-caps
Finally, an Acorn for Us Mining Bulls (Feb. 29) https://chat.ceo.ca/@50YearBeckFan/finally-an-acorn-for-us-mining-bulls
Why I Continue to Bet the Jockey in Canadian Micro-Caps (Feb. 21) https://ceo.ca/@50YearBeckFan/why-i-continue-to-bet-the-jockey-in-canadian-micro-caps
The Takeover Kings: $25 Billion to Shareholders and $22 Billion in Current Market Value (Jan. 12) https://chat.ceo.ca/@50YearBeckFan/the-takeover-kings-25-billion-to-shareholders-and-22-billion-in-current-market-value
Betting on the Jockeys: The Yorkton Lithium Express (Oct. 19) http://blog.ceo.ca/2015/10/19/betting-on-the-jockeys-the-yorkton-lithium-express/
This article discusses highly speculative penny stocks. Nothing in this article should be construed as investment or professional advice of any kind. From time to time, the author may transact in securities mentioned. All facts are to be verified by the reader and all readers to do their own due diligence before investing including talking to a licensed financial advisor.
