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February 19, 2017

From Cobalt, Ontario: The Venture Week In Review And A Look Ahead

From Cobalt, Ontario

TSX Venture Exchange and Gold

The Venture has now posted 8 straight weekly gains and very slightly and briefly topped last summer’s 848 high intra-day Friday before pulling back to close at 844, an 8-point advance from the previous Friday.  Don’t forget, the upcoming trading week will be a shortened one as Canadian and U.S. markets are both closed Monday for Family Day in most of Canada and Presidents’ Day for our friends in the U.S.

It’s truly amazing that the Klondike Gold Rush has been so thoroughly embedded in Canada’s historical conscious yet the Cobalt Silver Boom of the 1900’s – in many ways so much bigger than the Klondike Gold Rush – is largely unknown, another example of how the Toronto/Ottawa establishment likes to snub northern Ontario.

The Cobalt area between 1903 and 1966 officially produced over 440 million ounces of Silver (that’s just what was documented, local experts we’ve spoken to in recent days believe the unofficial figure is closer to 750 million), making it the 3rd-largest Silver producing region in the entire world during that time.  The trading frenzy in mining shares spread to Wall Street.  As the birthplace of Canadian hard rock mining, Cobalt’s impact has been profound and widespread.  Now the region is about to impact the country and the world in different ways, though one must not forget there’s still plenty of high-grade Silver to be found in these parts (and perhaps a major Gold and/or base metal deposit to be discovered as well). The geology is prolific and vast areas are severely under-explored.

A new “buzz” is now developing around the historic mining town of Cobalt, Ontario, with a current population of 1,500. Nearby communities such as New Liskeard and Haileybury bring the area population to at least 15,000.

Understanding the basics of the dramatic history of the Cobalt Camp is critical because that provides answers for what’s happening today and how the future may unfold, creating enormous wealth-building opportunities for investors.   The catalyst for the major revival of this Camp, now in progress, is Cobalt – the now highly strategic metal that was largely “passed over” in the 1900’s in the frantic search for high-grade Silver.  Technological advances are creating hot new demand for Cobalt, and global supply is rather tenuous.  The bottom line is that the world needs more Cobalt, and the best place to find it and mine it is in northern Ontario given the region’s advantages in terms of grades, potential supply, infrastructure and historic activity.  Investors who grasp what’s happening could make fortunes in the months ahead as the Cobalt Rush intensifies – and it will, mark our words.  It will intensify big-time.

BMR subscribers will get exclusive reports on the best opportunities in this prolific Camp in the days ahead – no other service can compete with our “boots on the ground” coverage and the valuable information that we’re uncovering.

SAVE 25% on our Winter Special ending Thursday, February 23, with a risk-free BMR Basic, Gold or Pro Subscription TODAY – and we’ll show you our proprietary strategies that have delivered unbeatable documented triple-digit returns. 

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5 Comments

  1. CXO Financing
    http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCXO-2444620&symbol=CXO&region=C

    Comment by John - BMR — February 19, 2017 @ 3:21 pm

  2. Hi john, what do you think of the Cxo financing this round? Thanks in advance

    Comment by Greg — February 19, 2017 @ 3:56 pm

  3. Hi Jon,

    In todays post, Daniel mentioned that you say to him often “let your winners run, we’ve only just begun!”. In your last post today you mention ‘ Make sure to take some profit along the way’ my question, is there some stocks out there that regardless of pullback you aren’t selling just yet ?
    Thanks for all your hard work!

    DJD

    Comment by DJD1 — February 19, 2017 @ 4:33 pm

  4. I don’t know if people look at StockTA.com site sometimes, but GGI on stockta.com is ALL green…

    http://www.stockta.com/cgi-bin/analysis.pl?symb=GGI.C&cobrand=&mode=stock

    Comment by rgiroux — February 20, 2017 @ 7:08 am

  5. The direction of the US dollar index in January has correctly predicted its direction for the rest of the year 68% of the time since 1980.Since 2011 its relationship has been perfect. So it looks like it could be a down year for the US dollar which bodes well for the Venture exchange. Full credit to James Kneafsey for discovering the relationship.

    Comment by DBReese — February 20, 2017 @ 7:24 pm

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