After a nasty separation from Ike in 1976, Tina Turner turned to Nichiren Buddhism, to help her cope with the career change. A year later, she was in Vancouver to play the Cave Supper Club on Hornby, which was making the transition from Vegas type acts to more of a rock/pop setting. Tina was an ideal booking, with her versatility and explosive energy.

Typically, the Cave celebrities stayed around the corner at the Georgia Hotel. As we approached the hotel, Tina took one look, and in a very calm voice asked her manager if he could walk across the street to the Four Seasons, and get her a room there instead.

Anticipating at least 15 minutes of waiting time, the conversation started with me asking a few light questions. Her responses were slow, relaxed, measured, and pleasant. She looked me right in the eyes with a beautiful smile, and answered my mundane comments politely. I liked her immediately (in what I realized 39 years later was her meditative state), and felt we made a connection.

Six years passed, and Tina was back to play two concerts at the Commodore Ballroom on April 09. She had a small entourage with her, so the personal interaction I enjoyed six years earlier was limited.

The following year, Tina was the opening act for Lionel Ritchie on June 29th and 30th, 1984 at the Pacific Coliseum. Driving in from the airport, I welcomed her back for the third time in nine years. Her new manager, who sat in the front seat, interrupted me by saying: "Please direct any conversation towards Miss Turner through me." She was a big star now. Things were different.

Everything improved after the final concert Saturday night. With the manager out of the way -- Tina and two of her backing vocalists -- loaded the limo about midnight with their luggage. They were to go dancing all night and head to the airport at 5 AM for an early morning flight back to the U.S.

I forget the name of the male belly dancer from Orestes, who used to lift a small dinner table with his teeth in the early 80's. He escorted Tina and her friends out to the limo, from the after-hours club, insisting they take one of his personally autographed posters. They were in a great mood, laughing and rehashing the evening all the way to YVR.

The poster remained in the trunk upon their departure. Their Greek "Private Dancer" ended up opening a night club on Broadway and Maple that was popular for about a year before it closed in the early 90's. Self promotion at its best.

Thinking back to 1977, I wondered if Tina had some bad memories from the Georgia Hotel when she stayed there earlier -- with the Ike and Tina Turner Review -- before they broke up. It's now called the Rosewood, and has gone through a $200 million facelift.

It's Tommy Humphreys favorite hotel in Vancouver. I stayed there last weekend for the first time. Sorry Fairmont Pac Rim, you have some competition. Tina would like it now too.

When Tommy becomes world famous, will James Kwantes step in between us and say: Please direct any conversation towards Mr. Humphreys through me?

Dow 20000 Gold 1400 Update

With the bears growling at the top of their lungs, and strong talk again of a possible June rate hike, the Dow is still up over 13% from August. Will the Dow hit 20000 before gold trades at 1400? I think both numbers are in our future, and no amount of media-speak will change that.

The four decade secret of how much debt Saudi Arabia holds in US Treasuries was revealed last week. It's no big deal ($116.8 B), at approximately 1/10th of China’s $1.2 trillion obligation or the $1.1 trillion held by Japan.

Whatever happens, truckloads of money are still lining up in the junior mining sector, as you will see in a few paragraphs. First, let's look back at a few comments made in the February 29th report:

"Historically, violent downs are usually followed by violent ups in this gut-churning sector.


The 60 to 90 days of recent gains, were most welcomed after approximately 1200 days of slow torture.

The global market crash, commodities meltdown, dam disasters, massive write-downs... it couldn't get any worse...and you know what? It didn't.

New investors are ecstatic over their tremendous gains in the mining sector.

Cobwebs are coming off the wallets. Over $600 million in equity, debt, and streaming deals were announced last week."

https://ceo.ca/@50YearBeckFan/finally-an-acorn-for-us-mining-bulls

That was the week I discovered a market Dynamo named Robert Hirschberg. We now follow 20 of his (see below) real time picks. It gets better every week. Our anticipated May correction is minimal so far.

First Inning Update

Two Friday's ago a few observations were made about the money coming into this market. Based on the first twelve days of May, I was expecting 300 May financings in all 3 categories. Up until then we had 160 closed, amended, or proposed in the first 12 days of May. In contrast, there were 150 financings in April 2016, compared with 98 in the previous month and 98 in April 2015.

https://ceo.ca/@50yearbeckfan?03642b9cb6df

So far in May, there have been 201 financing announcements (closed, amended, or proposed).

- Over 10 financings average per day between May 01 and May 20th

- Over $450 mil in financings in the plus $10 mil. category

- Over $160 mil between $1 mil and $10 mil

- 125 financings under a million

http://www.canadianfinancing.com/mining/

More proof that we are still in the first inning? Yes. In late March, I asked what April may bring:

"Gold, and the big boards will continue to trend up in my opinion. If there is a small correction, it should only have a minimal effect on the buoyant junior miners. One thing is certain -- there is a raging momentum with a certain group of stocks that show up almost every week at CEO.CA.

The fact is that the "be right, and sit tight" portfolios are performing way better. It's not even fair to compare, as we have demonstrated for months here. As contributors, the more we put into CEO.CA, the more we get out of it."

Talking Our Books

This is how the BergDex performed for the week, starting with his 3 Globe and Mail picks from March 4:

$LIX

  • March 03: 0.85

  • May 20: 2.02

  • Up 138%


$PGM

  • March 03: 0.24

  • May 20: 0.72

  • Up 200%


$NGZ

  • March 03: 0.045

  • May 20: 0.12

  • Up 167%


That's an average of 168% in 11 weeks to the entire Globe and Mail subscriber base.

Recent Additions

  • April 18: $XMG
  • April 29: $MAY $IDM
  • May 05: $AVA $CWM $EMO
  • May 13: $ASE $GPY $SSV

Check out the returns on Robert's other picks from his tweet (plus 9 recent additions) on March 24th:

$BOL Up 100% $CAP Up 25% $EAM 71% $GSH 79% $NFR 156% $NX 114% $WML 141% $WPQ Up 58% $XMG 86% (04/18) $MAY -20% (04/29) $IDM 39% (04/29)

$AVA 23% (05/06) $CWM -3% (05/06) $EMO 31% (05/06) $ASE 44% (05/13) $GPY 5% (05/13) $SSV 29% (05/13)

March 24th stocks up average 93% over 8 picks

Recent additions are up 58% over 17 picks

Total BergDex exposure is 74.5% over 20 stocks

https://mobile.twitter.com/r_hirschberg/status/713018047846490112?p=v

One of the BergDex 20 that continues to impress me is $XMG. This one has the potential to trade several multiples higher. When the overhang in the mid twenties clears, the 0.70 range will be the next target. That is almost a 200% run from Friday's close:

9 reasons why MGX Minerals will succeed:

https://ceo.ca/@50yearbeckfan/9-reasons-why-mgx-minerals-will-succeed

This is why the BergDex performs the way it does:

https://ceo.ca/bergdex?df94421b25c4

My personal portfolio:

AVA CWM CXO DMA EMO GPH HPL IDI IDM JEM LAG LIX MCC NDR NGZ PRS WML XMG (7 of these are in the BergDex 20)

The BeckDex 50

The List From 2014/15 Lows:

$LIX 477% $SBB 421% $IDM 200% $NXE 492% $PTM 177% $SKE 55% $JEM 500% $HPL 400% $IDI 200% $CCY 400% $MCC 767% $BOL 233% $EAM 383% $CAP 400% $CRH 495% $GSH 467% $NFR 412% $NDR 300% $NGZ 500% $NX 500% $PGM 929% $WML 2067% $WPQ 280% $KES 500% $BAR 158% $DMA 308% $MAG 121% $WKM 214% $RLG 2500% $CXO 600% $RST 250% $BAY 387% $WLF 189% $LAG 25% $GGS 2500% $CCY 400% $GPH 162% $NEV 76% $IN 14% $TV 92% $BTH 1% $GLH 12% KRN 285% $PE 181% $KOR 191% $SSP 364% $RMX 233% $XMG 225% $PRS 162% $MAY 82% $AVA 540% $CWM 600% $EMO 325% $ASE 160% $GPY 683% $SSV 980%

- If a shell had a change of business, only the opening price low is used.

- Two-year lows are used (majority bottomed in 2015)

Top 3 Under .25, Under .50, and Over .50

UNDER .25:

$MCC Magor Corporation

  • Year High 0.315


  • Year Low 0.015


  • Last 0.13


  • Up 767%


$CWM Crown Mining

  • Year High 0.20


  • Year Low 0.025


  • Last 0.175


  • Up 600%


$AVA Aurvista Gold

  • Year High 0.16 (New)

  • Year Low 0.025


  • Last 0.16 (New)


  • Up 540% (New)



UNDER .50:

$RLG West Red Lake Gold Mines

  • Year High 0.34 (New)


  • Year Low 0.01


  • Last 0.26 


  • Up 2500% (New)



$SSV Southern Silver

  • Year High 0.315 (New)


  • Year Low 0.025


  • Last 0.27


  • Up 980%

$CXO Colorado Resources

  • Year High 0.395 


  • Year Low 0.05


  • Last 0.35


  • Up 600%


OVER .50:

GGS Golden Secret Ventures

  • Year High 0.67 


  • Year Low 0.02


  • Last 0.54


  • Up 2600%


$WML Wealth Minerals

  • Year High 0.71 


  • 2014 Low 0.03


  • Last 0.65


  • Up 2067%


$PGM Pure Gold Mining

  • Year High 0.72 (New)


  • Year Low 0.07


  • Last 0.72 (New)


  • Up 929% (New)



Recent Reports

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.