Subject: ★ Junior Miners November News ★

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Welcome to the November Junior Miners Newsletter

In a lot of the past newsletters I've been talking about a small junior company that is working in Guyana, South America. The company, Guyana Goldstrike TSX-V: GYA has a property called Marudi Mountain. They are not the first company to be on this property though. In the past there were a few different companies exploring this property. There ended up being around 30 million dollars worth of diamond drilling that consisted of 42,000 meters of drilled cores.

So what Guyana Goldstrike did is they got a company called MineIT to take all the old core data and drill information and compile this data into a mine model to show a deposit would look like. They already had an estimate of around 800,000 to 880,000 ounces of gold, but still needed to get a glimpse of what they would be dealing with and if this deposit would be economical to mine or not. You can see the modeling here on the home page.
Well long story short, as you can see by the chart above the stock price is up 100%. Now that the modeling is done the company has big plans to start a massive trenching and drilling program, which will include:

* Up to 10,000 Metres of Diamond Drilling
* Up to 12,000 Metres of Trenching
* Detailed Rock, Soil and Core Sampling and Assaying
* Airborne Magnetic Survey over the entire Property
Peter Berdusco the CEO has been out pounding the pavement letting potential investors know about this project and as you can see it is starting to pay off. Just last month he was over in Bejing, China at one of the world's largest mining conferences talking about the company and they also signed up Dr. Tony Gou to the board. Dr. Gou is the founder and Chairman of the Association of Chinese Canadian Mining Professionals in Canada, which aims to provide a technical and investment networking group for Chinese professionals in the mining industry in Canada and he is also a member of the technical committee of the Zijin Midas Exploration Fund, a strategic investment fund that invests in junior mining companies. The fund's mandate is to invest strategically, and on a global basis, with a focus on exploration projects demonstrating potential for a large discovery.
NOTE: Industry valuations at a conservative $40 / ounce gold in the ground, for 880,000 ounces, would give Guyana Goldstrike a Market Capitalization of $35 Million dollars or $1.17 / share. Right now shares are selling for less than 40 cents.

Seems we live in a totally fake world now. Ever since Trump's tag line, "fake news," everything is turning up fake. I have always known about fake statistics, fake information, fake people and yes even fake bullion, but when a story about fake gold came out about a one ounce ingot that supposedly came from the Royal Canadian Mint as being fake, that was enough to raise an eyebrow or two. After all isn't the Royal Canadian Mint suppose to be like a rock solid guarantee of fine bullion?
Turns out that a jeweler in Toronto bought a one ounce gold wafer from the Royal Bank in Toronto that was supposedly purchased from the Royal Canadian Mint. The jeweler takes the one ounce wafer, cuts open the plastic packaging that the wafer is sealed in and proceeds to run the wafer through a rolling mill. Problem is the wafer won't roll out.

You can read the rest of the story here

The article about fake gold also reaffirms my thinking about owning gold properties. I've always said, "Don't buy gold, buy a gold mine" and this fake gold bullion purchase should be a lesson to all. Just think if someone going into a bank to buy let's say 10 ounces of gold from the Royal Canadian Mint for an investment and stashes it away for safe keeping. Years later the time comes  when hopefully gold has gone up in price and that person really needs the money and goes to cash the gold in only to find he's been duped. 

Having said all that, remember that junior miners has one of the largest selections of gold and silver properties on the net today. You can still buy a small simple placer gold or lode claim for a little as a few thousand dollars.
Gold Still Getting Crushed

Seems there isn't a week that goes by that gold doesn't get crushed by some rogue trader or some kind of fat finger glitch or some other kind of excuse. Friday November 10 was no exception. Over 4 BILLION worth of gold gets dumped on the comex. Years ago a dump like that would have knocked gold back $40-$50 an ounce. These days the price goes down around $12 and then starts its climb back up. Its getting to look like the new normal.
It's charts like this that make people really wonder if there is any manipulation in the market or not. The real interesting thing I find when this happens is for some reason no one knows who did it. With all the computer systems set up that can supposedly tell every trade that takes place, why is it that no one knows exactly who it is that does these flash crashes in the gold markets?

Now not all metals are suffering though. If you haven't noticed, palladium is hitting record highs. Last week the price hit 1010.00 per ounce. Historically, Palladium reached an all time high of 1090 in January of 2001 and a record low of 78.25 in August of 1991, but for now it looks like it could very well continue an upward trend.

Side note: (I'm finally making money with that one ounce palladium coin that was purchased for $350) :)
Base metals have done well also in the last while. For instance, copper has been topping new highs, if copper is at three year high. Stocks like Hudbay Minerals, TSX-HBM, Capstone Mining, TSX-CS and others are sitting close to 52 week highs. Copper Mountain, TSX-CMMC was at a new high last week of 1.84. Zinc is trading at decade highs right now.
I mentioned cobalt demand and cobalt prices in the last newsletter and of course with cobalt we can't forget lithium as both of these metals are used in the new batteries that are supposed to be powering electric cars. Stocks like Lithium Americas, TSX-LAC have reached record highs. Lithium itself is screaming up too.
You will want to keep an eye on uranium. Last week Cameco shut down two mines in northern Saskatchewan and laid off almost 900 workers due to low uranium prices. Cameco is the worlds largest uranium miner so with them ceasing production you might see a rise in prices along with a price increase in some of the more advanced juniors that are in that sector. 

Uranium explorers Nexgen TSX: NXE  and Fission TSX: FCU both saw their stocks pop on the news. 

These claims were just listed a few days ago. Twenty six (26) placer claims for sale on Back Creek located 60 km west of Carmacks, Yukon Canada.
Ten (10) claims mined to date with good returns.


Motivated Seller. Price Reduction.

Have you been watching the action in the Golden Triangle?

These claims are just outside the northern boundary. For sale  is six (6) placer claims located on Rosella Creek in the Cassiar district of BC. Claims are in good standing until November 2022. 

Almost 100 hectares of mining property covering a length of over 2 KM. Lots of water and good access.


Mammoth announced a Private Placement Financing For Diamond Drilling Tenoriba Gold-Silver Project, Chihuahua, Mexico this past week. They announced a non brokered private placement (the “Private Placement”) of up to 8,000,000 units (the “Units”) at an offering price based on the 15 day volume weighted average price of Mammoth shares of $0.09 per share, for gross proceeds of up to $720,000. The company has plans to start drilling as soon as possible.

The Tenoriba property has lots of historical drilling where all the drill holes tagged mineralization and one drill hole in particular had 3.7 meters grading 5.33 grams per ton and a 1.90 meter section this same drill hole assayed 45.90 grams per ton gold. Low float. Only 20 million O/S.
Today's old lost mine story is about the Montana Mine Of Ruby Arizona.

Ruby Arizona was not always called Ruby. In the early years it was known as Montana Camp but more on that later. Ruby is located in the Oro Blanco mining district north and west of Nogales. This was an area that was first prospected by the Spanish for gold and silver in much earlier times. But in the 1870's prospectors discovered and high grade quarts veins that became known as the Montana vein and from that point on the boom was on.

The Montana Mine was a very prosperous mine. It was owned by the Orion Mining Company. The Orion Mining Co. also owned the Ostrich mill where the ore was stamped and ground to powder. Early in the 1900s, the company built an amalgamation and a cyanide mill to help recover more of the gold and silver that was ... continue

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