Golden Star Resources Files Wassa Gold Mine NI 43-101 Technical Report PRNewswire
Month: March 2021
Past-producing gold mine in Manitoba being revived – MINING.COM MINING.com
‘Where to’ for gold price? Stay cautious, says Pepperstone Kitco NEWS
Gold slips as sturdy dollar and shares dent appeal CNBC
London gold vaults at record levels in January despite weak gold price performance in 2021 Kitco NEWS
Gold Price Prediction – Prices Fall on Strong ISM Manufacturing Report FX Empire
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Anyone with a naked short in the silver futures market risks getting squeezed by physical buying. Demand for delivery of COMEX silver bars is rising, even as the paper price of the metal fell more than 4.5% last week.
Silver shorts sold contracts representing a whole lot more silver than they have available to deliver again last week.
The disconnect between paper prices and physical demand is getting more ridiculous by the day.
It is also getting more dangerous for COMEX market participants – long and short. The COMEX functions on confidence, which can vanish suddenly.
It will happen when long contract holders discover, en masse, the paper they bought cannot be redeemed for the actual metal as expected. Instead, they get cash settled or, in the event of an outright default, they get nothing at all from insolvent counterparties.
Garrett Goggin has been keeping an eye on COMEX silver deliveries. He notes a huge difference between this year and last.
Delivery demand is roughly 20 times what it was for this period last year.
It is approximately 4 times the previous record for the period set in 2010.
The 41 million ounces delivered over the past three weeks is very significant relative to the total “Registered” stockpile of silver in the COMEX vaults. Bars in the “Registered” category are the ones actually available for delivery to a new owner.
COMEX vaults also contain a larger stockpile of “Eligible” silver. Bars in this category can be converted to Registered when owners decide they are willing to let them go. Until then, they are not available to be claimed by contract holders.
It looks like 80 to 100 million ounces of physical silver will be delivered in March – likely a new all-time record.
The latest report from the CME group shows just 135 million ounces of Registered silver sill available – down 16 million from the 151 million ounces reported two weeks ago.
Watching the Registered inventory is a good way to judge whether the effort to squeeze silver prices is working.
How much of the silver currently being delivered will remain as Registered in the vaults? How much will be converted to Eligible and made unavailable? And how much will be moved to segregated storage or removed from COMEX vaults altogether?
It could get worse for the banks. Shorts may be nervous.
Demand for physical metal keeps accelerating and the COMEX bar inventory continues to fall.
Bullion dealer inventories are low and demand for retail bullion products has never been higher.
Even thousand-ounce bar premiums are elevated, which is an extremely rare occurrence. Rising lease rates in London imply an inventory shortage across the pond.
It is an extraordinarily dangerous time for bullion banks to continue selling silver they don’t have. Their play is to destroy sentiment and shake investors out of the market. Thus far, at least on the physical front, this effort appears to be backfiring.
Source: The Critical Investor for Streetwise Reports 02/28/2021
The Critical Investor takes an in-depth look at Avrupa’s new drilling results at the Alvalade copper-zinc project in Portugal.
After Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) commenced drilling last December at its Sesmarias target at the flagship copper-zinc Alvalade project in Portugal, which is operated together with JV partner MATSA (joined company of Trafigura and Mubadala, two commodity giants), the company completed two drill holes so far for 874m of drilling, part of the 7-8,000m program. Hole SES20-031 and Hole SES20-032 were designed to test the area between the massive sulfide intercepted in hole SES008 and the stockwork zone intercepted in hole SES028, also at depth:
Plan view map Sesmarias, gravity geophysical data
The results didn’t look so spectacular, as hole SES20-031 returned 10.75m @ 0.19% copper and 0.74% lead, and SES20-032 didn’t hit any massive mineralization, though samples from the target horizon have been sent to the lab for trace element, pathfinder geochemistry. My expectations were higher than this, as SES008 returned 5.0m @ 0.64% Cu, 36.8 g/t Ag, 0.94% Pb and 1.54% Zn, and SES028 intercepted the edge of a significant feeder zone beneath the 8 Lens. Management remains highly positive, as CEO Paul Kuhn acknowledges the complexity of the mineralized systems at Alvalade:
“We are excited about the immediate possibilities in the Sesmarias target area. Positive geochemical and geological results from SES20-031 indicate potential for a continuing strong VMS system. We are still in the early stages of work at the north end of the presently-known Sesmarias system. Already, with the completion of two drill holes, and the start of a third hole, we have a much-improved understanding of the structural controls to the massive sulfide mineralization. This allows us to better target the massive sulfide bodies, as we move north along strike, and at some depth targeting downdip mineralization. The geological team has done a great job in pushing the Project ahead.”
The present work is the initial attempt to expand the mineralization to the north from SES008 to the Brejo target area (formerly Northern Deep target), and the third hole, currently underway, is located north of and close to SES008. The next target is the Brejo target area itself, representing the strong gravity anomaly indicated at the upper half of the figure. Management plans to test this target in the near future.
Drill testing this target will involve deep drilling, as wide-spaced, 500-600m deep historical drilling suggests strong possibility of massive sulfide mineralization increasing at depth:
This section also indicates a sub-vertical orientation of potential mineralization. A more detailed section of intercepted geology by hole SES20-031 seems to indicate a more vertical orientation of mineralization as well, and is the explanation why not much mineralization was intersected:
“SES20-031 continued to 536 meters depth, in several places intersecting the specific black shale unit that hosts massive sulfide mineralization at Sesmarias and at the Lousal Mine, located six kilometers to the north. Detailed review of the core showed that for its entire length, the drill hole passed through intensely folded rock units of the Volcano-Sedimentary Formation, the general host of mineralization throughout the Iberian Pyrite Belt. Overall, however, the drillhole roughly paralleled the major trend of bedding, allowing only for narrow true widths of mineralized intercepts.”
The beautifully visualized section showed the trajectory of the drill, but I still wondered how the drilling company could draw conclusions about the heavily folded, vertically oriented structures, as these were basically missed. According to Kuhn: “When we detail log the core material, we can easily see the angle of the bedding relative to the axis of the core. Since we orient the core as it comes out of the hole, we can tell the geological angle of the beds. We are able to see detailed changes in the bedding and can easily interpret small to large folds. Faults are easy to see in the core material. With this work we can paint a complicated picture of the geology. Even folding in short intervals of core can mimic the larger-scale folding in the beds of target horizons. Previously, we understood that the target zones were strongly folded and faulted, but the detail of recent review by the JV geological team has advanced the story further, which is heavily influencing our targeting and expectations.”
It was interesting to read that the drill hole intercepted the black shale rocks that host massive sulfide mineralization not only at Sesmarias, but also at the nearby Lousal Mine. I wondered what percentage of the Lousal Mine mineralization is hosted in black shale rocks.
Kuhn thinks, based on historical analysis, that this is almost universal, indicating they might have found extensions of the Lousal deposit. The third hole currently underway, SES20-033 is testing exactly the black shale trajectory, at about 350-400 meters depth, but also on the other side of the major fold, in the neighborhood of 650-800 meters depth.
Besides this more or less greenfields drilling, much of interest to me is the following paragraph in the news release:
“At the same time, the geological team continues to assess the historical core in the Brejo area, and has started to map geological structures visible in the old Lousal Mine workings. Initial work there clearly shows similarity of ore control characteristics to what we now know about the Sesmarias massive sulfide mineralization. Historical documents and academic studies (non- compliant to NI 43-101 standards) indicate a universal metal resource at the old mine of over 50 million tonnes of massive sulfide material. Review of original mine records by Avrupa demonstrates that less than 20 million tonnes of ore were actually extracted from Lousal.”
As has been known for years, there could still be 30Mt of massive sulfide mineralization present at the Lousal Mine. This resembles low hanging fruit to me, as I indicated in earlier analysis, and I’m curious if management is for example contemplating digitizing historical data and results of ongoing mapping, in order to develop a drilling strategy to prove up these potential 30Mt. I’m also wondering where Lousal stands on the priority list of MATSA, as it seems relatively low risk. CEO Kuhn answered: “Work at and around the Lousal Mine is a high priority, after Sesmarias/Brejo and the stockwork discovery at Monte da Bela Vista, just north of the Lousal Mine. At the moment we are running at full speed at Semarias/Brejo, but plan to work at Lousal compilation in the coming months.”
As Kuhn indicated in December 2021 that a helicopter-supported VTEM electromagnetic survey was about to commence that month, covering a large part of the Alvalade License, I am curious about when the results will be announced. According to him, results are expected during the first half of March.
In the meantime, the metals Avrupa is focusing on, copper and zinc, have been going through the roof, especially copper. After rising to US$4.34/lb Cu, levels not seen in nine years, there has been heavy selling on February 26, 2021, bringing the price down to US$4.09/lb Cu for now as can be seen in this chart by Macrotrends:
Analysts see this selling as an overdue and healthy stage of consolidation at best, or a correction at worst, according to this article at Mining.com. The big question for now is the reaction of big Chinese players, holding massive long positions in copper contracts. As lots of copper is projected to be arriving from Chile and Peru, it is expected that the extreme pressure on the copper price caused by heavy shortages, in turn caused by strikes and COVID-19, will ease somewhat. On the other hand, when COVID-19 measures will gradually subside on the back of vaccination, the world economy will gather speed again, and if this happens viciously as many analysts expect, also helped by the US$1.9T stimulus program from Biden, copper could remain around the US$4/lb levels for quite some time.
Avrupa’s second most important metal, zinc, has also been doing well lately, as can be seen here in this
As a reminder, according to the International Lead and Zinc Study Group (ILZSG), a platform formed by the United Nations, consisting of all major producing countries and industry players in the lead and zinc sector, several mines could experience problems to nameplate capacity again, but global supply for refined zinc metal will exceed demand significantly in 2021, as this surplus is expected to be 463kt. Notwithstanding this, with the world economy picking up, I expect zinc to remain above US$1.15-1.20/lb levels for the foreseeable future. Zinc currently sits at US1.27/lb Zn.
Such metal prices should be all the incentive JV partner MATSA needs in my view, to sink a lot of exploration dollars (or euros in this case) into Alvalade. After the 4 to 1 consolidation of Avrupa shares, the company is looking to do a financing soon, as several funds already expressed their interest. Avrupa is still trading at rock-bottom prices (market cap of just C$3.76M), despite copper prices going into the stratosphere:
Share price Avrupa Minerals; 5 year time frame (Source: tmxmoney.com)
When Avrupa starts hitting serious mineralization, these price levels should be something from the past soon in my view.
Conclusion
The first drill holes didn’t bring in fireworks yet, but as the geology is quite complex and not easy to unravel, CEO Paul Kuhn is working diligently together with JV Partner MATSA to unravel the Sesmarias puzzle. The soon to be announced results of the airborne VTEM survey will hopefully and likely bring in lots of targets, as can be expected with several historical mines and remaining historical resources being present. Besides all other targets, in my view, the remaining historical resources sitting in the ground at the Lousal Mine provide a unique opportunity to relatively easily prove up many tons of mineralization, and drilling on this location is planned for later in 2021. When good intercepts start rolling in there, this tiny junior could very well become a multi-bagger in a short period of time.
I hope you will find this article interesting and useful, and will have further interest in my upcoming articles on mining. To never miss a thing, please subscribe to my free newsletter on my website www.criticalinvestor.eu, in order to get an email notice of my new articles soon after they are published.
The Critical Investor is a newsletter and comprehensive junior mining platform, providing analysis, blog and newsfeed and all sorts of information about junior mining. The editor is an avid and critical junior mining stock investor from The Netherlands, with an MSc background in construction/project management. Number cruncher at project economics, looking for high quality companies, mostly growth/turnaround/catalyst-driven to avoid too much dependence/influence of long-term commodity pricing/market sentiments, and often looking for long-term deep value. Getting burned in the past himself at junior mining investments by following overly positive sources that more often than not avoided to mention (hidden) risks or critical flaws, The Critical Investor learned his lesson well, and goes a few steps further ever since, providing a fresh, more in-depth, and critical vision on things, hence the name.
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Disclaimer: The author is not a registered investment advisor, and currently has a long position in this stock. Avrupa Minerals is a sponsoring company. All facts are to be checked by the reader. For more information go to www.avrupaminerals.com and read the company’s profile and official documents on www.sedar.com, also for important risk disclosures. This article is provided for information purposes only, and is not intended to be investment advice of any kind, and all readers are encouraged to do their own due diligence, and talk to their own licensed investment advisors prior to making any investment decisions.
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Mickey Fulp: Buy These Metals in 2021
Source: Maurice Jackson for Streetwise Reports 02/26/2021
Mickey Fulp, the Mercenary Geologist, in conversation with Maurice Jackson of Proven and Probable, discusses what metals he is and is not buying, and also talks about two companies in his portfolio.
Maurice Jackson: Joining us for a conversation is Mickey Fulp, the world-renowned Mercenary Geologist.
It’s always a pleasure to speak with you, sir. I hope that life has been treating you well and that your family is in good health.
Mickey Fulp: Absolutely.
Maurice Jackson: Mickey, the Biden administration has announced the Green New Deal and speculators are anxious to find out, where do you see the next big opportunity and/or opportunities? Let’s get your thoughts on precious metals first, beginning with gold.
Mickey Fulp: Well, in my opinion, the Green New Deal will have absolutely no effect either way on gold. This program is going nowhere other than by executive order and the Biden administration and most of those executive orders will be challenged in court. Is gold a buying opportunity at these prices? I think it’s always smart to buy gold on dips. But from the charts we’ve been analyzing, the case can be made that the bull run for gold is over.
If you look at the charts from 2010 to 2011 for gold, and 2019 to 2020 two-year charts, overlay them, normalize them, they are remarkably similar. So if the past is prologue, the case can be made, and bear in mind I’m not making this case, I’m just saying it’s possible that what happened to gold from September 2011 until basically the end of the first quarter in 2016, looks very similar to what is going on right now. In that case, what would it be a four-and-a-half-year period of lower lows and lower highs? If you look at the six-plus month chart of gold, since the high was hit on August 6th to $2,063 an ounce, it has made lower lows and lower highs since then, just saying, mate.
Maurice Jackson: Silver has gained a lot of attention at the moment. Do you believe that this is a head fake or is the attention warranted for silver speculators?
Mickey Fulp: Well, as you’re aware, I have no belief. I’ve spoken about that and I think you were in the audience when I gave that speech at the Capitalism and Morality seminar. But once again, let’s look at the historical charts and let’s take a really broad view here. Silver prices have shown classic speculative cycles over the last 51 years with two major exponential rises, parabolic tops, and parabolic falls, and three minor occurrences. It looks to me at this stage that we are set for another exponential rise. We’ve already seen that to some degree for silver, but if that happens, it will reach a parabolic top and undergo a severe parabolic fall. This is the way markets work, especially small illiquid volatile markets like we have in silver, where derivatives, futures, options, ETFs have great control over the price of the metal.
Maurice Jackson: Give us your thoughts on the latest moves on SLV and its impact on the price of silver. Is this going to be the catalyst that breaks silver out to new highs?
Mickey Fulp: Well, I don’t, I’m not sure what it’s supposed to break, but you know, when you’re attacking SLV, you’re attacking an entity that does not exist, it’s a derivative. In other words, it supposedly holds silver, but you can’t redeem your silver, if memory serves, from SLV, you can redeem the value of your silver and in a currency. Anybody that’s going to pull a short squeeze on silver and try to break the bank is coming up against number one, JPMorgan and Goldman Sachs, the biggest banks in the world, and it’s an order, two orders of magnitude, more problematic to do something like that than it was to run a short squeeze through Reddit on GameStop. So don’t think it’s going to happen.
Maurice Jackson: Let’s discuss my favorite metal and probably your favorite metal, which is platinum, which is quietly had a nice run the past couple of months. What’s going on there?
Mickey Fulp: Well, there are lots of things going on, and you’re right, it’s my favorite metal for 2021. In fact, and the first week of January, I came out and said on a couple of podcasts that platinum would be the best performing precious metal in 2021. And that’s proven true so far, it’s up almost 20% year today. Gold’s down, palladium’s down and silver’s had a nominal rise around 3%. This has a lot to do with the idea, once again, that past is prologue, and it has a lot to do with a very depressed platinum price for about the last four to five years.
The fundamentals of platinum are very strong. There will be a deficit in 2021, a significant deficit, because of a supply disruption. It was in surplus for the last three years. It was in a little bit of a deficit in 2020. Andy Schectman, the president of Miles Franklin, he and I are in strong agreement that you look at ratios and if you look at the platinum and gold ratio, it’s way out of whack; it’s about something on the order of 0.7 right now, historically the mean and median are around 1.3. It is on the rise over the last two or three months.
And if you look at the platinum to palladium ratio, it’s even more striking. It’s currently in the mid-0.5 range, say 0.55, 0.56. But the mean and the median over once again, 51 years is 3.0. So when we see this sort of skewed markets, they will normalize at some point. So it’s pretty easy to call platinum for me, very bullish going forward. I can’t tell you how long it’s going to take, but at some point, these ratios will normalize so that makes platinum a very strong buy, physical platinum at this juncture, in my opinion.
Maurice Jackson: How about palladium? Do you see it as a buy or a sell?
Mickey Fulp: I don’t see any value proposition in palladium at all. Especially considering the current price. Number one, it is a precious metal in price only, 95% of the palladium demand in the world is industrial as opposed to about 60% for platinum, 60% for silver, 15% of gold is used for industrial purposes. So in my opinion, palladium is not a precious metal and almost all the demand is for catalytic converters and catalysts and the petroleum industry.
And the other thing about it, I mean, you deal in coins for Miles Franklin, and it’s not that attractive a metal when you come right down to it, especially when you consider how beautiful a Gold Kangaroo is or a Gold American Eagle, Silver coins are beautiful; you just got to keep them stored properly so they don’t tarnish and arguably I think the most beautiful coins on the face of the earth, are Platinum Vienna Philharmonics. So, the jewelry, the hoarding of palladium coins is minuscule compared to the other three precious metals. And it’s only used for jewelry when the price was low because poor Chinese people could afford to have a palladium ring, a wedding ring made and so no value proposition at these sorts of prices.
Maurice Jackson: Readers that overlooked the Platinum Group Elements, allow me to remind you that we called rhodium a buy back—it was July 2017—at $870 and the current price for rhodium is $26,000.
Mickey Fulp: Nice call, mate! Now here’s a very good example of low liquidity, small volume market. It’s very hard to buy rhodium compared to other precious metals. For the longest time, you could only buy rhodium sponge. It’s is a very rare element that is only used industrially, to my knowledge, as a minor component, as a catalyst in various applications, but mainly as catalytic converters for internal combustion engines. I don’t think that one would buy rhodium to hoard it. It is pure speculation so, you made a very good trade there and I certainly hope that you’ve taken profits on this trade.
Maurice Jackson: I have to share with you that I feel that platinum has a very similar value proposition. I’d be lying to anyone if I said that I knew that the price of rhodium was going to go to $23,000 but I know it was on sale. And I feel the same way about platinum right now. I can’t forecast the price, that’d be disingenuous, but I believe that platinum is going to go to higher numbers and that’s why I’ve been a big buyer of platinum. In regards rhodium, they do come in one-ounce bars.
Switching gears, I’m curious to hear your perspective on what type of impact the Green New Deal will have on the often overlooked base metals. Beginning with copper.
Mickey Fulp: No impact other than speculation, these Green New Deal is going nowhere. And even if it were implemented, the cost would be ridiculous. The idea that copper is going to be driven by some sort of worldwide green agenda is ludicrous. If you look at the best most positive projections of electric vehicle use and electrification, the green agenda could increase in the next decade the use of copper by about 500,000 tons over 10 years. Well, look at the compound average growth rate of copper since 1900, at 3.2% per year. This is a minuscule add-on. We use 25 million tons of copper right now, in a decade, we will use a significantly more amount of copper and I just don’t get this. This is promotional by companies that produce copper or hope to produce cobalt or vanadium or lithium or nickel.
These are very small add-ons. The copper market is growing. It has been a winner already. That’s mainly because of low inventories, supply disruption with mines shutting down supply, or demand disruptions with the world economy temporarily shutting down. We’ll see where it goes from here and the dearth of major copper projects on the horizon. So copper is going to do well. Copper at $4.04 has gotten way ahead of itself. It is badly in need of correction. We’ve already talked a bit about how markets go exponential, reach parabolic tops and come back down the other side. Copper’s well set up to do that right now. I’m not going to say it’s not going higher, I hope it goes higher because it helps my copper stocks. But as you can tell, I don’t think very highly of the prospects of the green deal.
Maurice Jackson: Based on your response, it sounds like you and I are probably in agreement that if we’re going to see a move in the base metals, it’s going to be organically just based on the supply and demand fundamentals.
Mickey Fulp: Absolutely. And it goes further than copper, we’ve seen nickel go up quite a bit. So $8.62 at market close on Friday. This is driven by steel demand from China. The incremental increase of nickel and lithium-ion batteries is nickel sulfate is so small as to be, maybe it could account for the entire usage of nickel outside the steel industry, 3% to 4% per year in batteries at all. Nickel is and will continue to be driven by the health of the world’s economy and stainless steel demand, especially in China.
Maurice Jackson: How about the other yellow metal and that is uranium?
Mickey Fulp: Well, it’s quite amazing what’s been going on right now. There is an oversupply of uranium. We’ve seen that with a price decreasing from about $34 a pound in April to $28.50 today. Yet uranium stocks have been on quite a run over the last two or three months. One thing that is encouraging is that the Democratic platform, which came out last year, for the first time since 1972, took a positive view of nuclear energy. So certainly, if they let’s say are going to try to kill the fossil fuel industry in the United States, the only solution for baseload electricity is nuclear energy. And we very much saw that come to bear in Texas over the last week. The problem with renewable energy is, the sun doesn’t shine for at least 12 hours a day, and the wind doesn’t blow, and knowing that, windmills freeze up. So like Don Quixote, let them go chasing their windmills.
Maurice Jackson: What is often overlooked is that the energy sources targeted by the Green New Deal are intermittent energy sources, as you referenced, and we’re just not there right now to make that transition.
Mickey Fulp: Well, I think we’re agreed. We need a mix and when governments, regions, provinces, we’ve seen the same thing happen. And in South Australia, over the last few years, we saw it happen in California, this summer with wildfires and no baseload electricity because they’ve converted to the wind and solar so rapidly. So until there are ways to secure energy, efficient ways to store energy, wind and solar have to be a minor part of the whole equation. Otherwise, you end up like South Australia, California. or Texas this past week.
Maurice Jackson: Mickey, you have four decades of experience. For someone new to the natural resource space, should they procure physical precious metals first or resource stocks?
Mickey Fulp: Well, let me step back and say that there is no reason to conflate the owning of precious metals, especially gold, which serves not as an investment, not as a speculation, but a preservation of wealth and a safe haven insurance policy during times of economic difficulty or, heaven forbid, collapse. Resource stocks are just pure speculation. You’re speculating that whoever you’re buying their stock, that they are going to do well, either margin and as a miner and a producer or pure speculation, often driven by higher metal prices in the junior exploration space. So, you know, it’s up to each speculator or investor, but I want to always have at least 10% of my net wealth in physical gold in my physical possession.
Maurice Jackson: And just for the record, which physical, precious metals are you buying right now?
Mickey Fulp: I’m buying platinum. I bought platinum last year, about $800.
Maurice Jackson: Smart move.
Mickey Fulp: Platinum at $1266 now, so I’m not interested in buying any metals on the uptick. Recently, I bought some very fine Australian Kangaroos from your buddy, Andy at Miles Franklin. So I bought those on a dip in the price this year.
Maurice Jackson: Do you have any resource stocks that you’d like to share with us that have your attention right now?
Mickey Fulp: Sure. One thing I’ve noticed in the copper space that the miners have made a big run, but the advanced explorer-developers have lagged. So my favorite copper stock is Trilogy Metals Inc. (TMQ:NYSE.MKT; TMQ:TSX) on the New York American exchange and the Toronto Big Board, hardly trades in Toronto. So you would want to do any trading of that stock in New York, two high-grade giant undeveloped copper deposits and Alaska permitting proceeding on time and financing pending. I liked that stock, I own it, it sponsored my website.
And then I’ll give you one in the gold space, as you’re aware. My favorite gold province on the planet is Nevada. And I like Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX). I own that stock. And once again, it a sponsor of my website, it’s a hybrid prospect generator drilling. Now at its Eastside project in south-central Nevada, we’re convinced that the resource there is going to be much larger, currently at 1.1 million ounces, hard to say, but my target level is around 2 million ounces after all this has been completed and it’s a hybrid prospect generator. So its goal and it’s currently meeting that goal is to pay for all of its General and Administrative costs through option payments, to projects at joint ventures, for exploration by other juniors.
Maurice Jackson: In closing, sir, what keeps you up at night that we don’t know about?
Mickey Fulp: That’s personal information, I’m not going to tell you that mate. I’ll take the fifth on that. Okay.
Maurice Jackson: Yeah, you gave me a hard time last time as well, but I always have to ask.
Mickey Fulp: Well, if you keep asking am going to keep skirting the question.
Maurice Jackson: All right. Last question, sir. And that is what did I forget to ask?
Mickey Fulp: I have no idea. We covered it all today.
Maurice Jackson: Mickey, where can readers find your work?
Mickey Fulp: Mercenarygeologist.com, I run a free subscription service, sponsor model, sign up to get my stock picks and my musings on time delivered to your mailbox. And also via Twitter @mercenarygeo very active. You can find out what interests me on a daily basis and we have 49,800 Twitter followers and we’ve been stable after Twitter started carving about a thousand off since the first of the year, we stabilized. So I guess I had a few followers that they did not like. Jack the hack did not like.
Maurice Jackson: Well, Mr. Fulp, it’s always a pleasure to speak with you, wishing you the absolute best, sir.
Mickey Fulp: Thanks a lot, Maurice. It’s always my pleasure.
Maurice Jackson: Before you make your next precious metals purchase make sure you contact me. I’m a licensed representative to buy and sell physical precious metals through Miles Franklin Precious Metals Investments where we have several options to expand your precious metals portfolio from physical delivery of gold, silver, platinum, palladium, and rhodium directly to your home or office, to Offshore Depositories and Precious Metal IRAs. Call me directly at 855.505.1900 or email: maurice@milesfranklin.com. Finally, please subscribe to Proven and Probable, where we provide Mining Insights and Bullion Sales. Subscription is free.
Maurice Jackson is the founder of Proven and Probable, a site that aims to enrich its subscribers through education in precious metals and junior mining companies that will enrich the world.
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( Companies Mentioned: AUAU:TSX.V; AUXXF:OTCQX,
TMQ:NYSE.MKT; TMQ:TSX,
)