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(Exclusive to BMR Pro subscribers – Not for Distribution or Posting on any Board).  

Orford Mining (ORM, TSX-V)

At a time when new high-grade Lithium, Nickel and Gold discoveries are desperately needed, there’s a blockbuster story developing in Nunavik – the top third of Quebec, nearly the size of Texas.

Orford Mining (ORM, TSX-V) is in the heart of it, and they’ve got an interesting neighbor in privately-held KoBold Metals who’s also in the heart of it.

Kobold’s last round of financing was $200 million (U.S.), and they’ve got unlimited amounts of potential cash given the backing of the likes of billionaires Bill Gates, Jeff Bezos, Michael Bloomberg and Richard Branson.

Follow the money, as the saying goes. They are bullish on Nunavik for many reasons, as we’ll detail in the days ahead.

KoBold, convinced it’s closing in on a big new Nickel-Cobalt discovery in Nunavik’s Raglan area, is gearing up for a MAJOR summer drill program while also keeping a sharp eye on developments at Orford’s West Raglan Nickel-Copper-PGE Project being funded by Wyloo Metals which has upped its interest in West Raglan to 51%.

Orford’s total landholdings comprise 1,570 sq. km vs. 929 for KoBold.

KoBold has also expanded its mineral interest across the globe beyond Nickel and Cobalt to Lithium, so it’s also paying close attention to the possibility that Nunavik could host fields of spodumene-bearing lithium pegmatites. Such a discovery would have huge implications for the Canadian resource sector and development of Quebec’s far north which already hosts 1 of the premier Nickel belts in the entire world and 1 of the planet’s lowest cost Nickel mines at Raglan.

A remote sensing program now being carried out by Orford, with results expected before the upcoming field season, could provide the proof that certain pegmatites in Nunavik are indeed highly mineralized.

Then it’s Game On.

The Gold story completes the Trifecta and helps explain Orford’s $6.2 million private placement announced Friday, about 30% of which will be taken by key shareholder Alamos Gold (AGI, TSX; NYSE).

Don’t you love it how these big companies are swirling around Orford?

Orford’s Qiqavik Project is interpreted as a massive new district Gold discovery stretching east-west for at least 40 km.

It would be a shocker if there aren’t multiple deposits here, like pearls on a string. That’s what Alamos is thinking, so Orford – armed with new structural insights – is getting ready to spray this district with literally dozens of drill holes.

ORM Short-Term Chart

Orford is the type of stock, given its overall technical and fundamental momentum, that should display highly reliable support for an extended period at its rising 100-day EMA, currently 13 cents.

PP games wiped nearly 20% off Orford last week but smart money accumulated on the weakness.

There isn’t another stock in Canada that has Gold, Lithium and Nickel in its favor like Orford – it’s in a league by itself in terms of this kind of multi-mineral discovery potential, so investors just can’t go wrong here.

It’s going to be a very HOT summer for ORM and investors who prepare now will be handsomely rewarded.

• RSI(14) appears to be bottoming around 40%
• Current down channel is a bullish set-up – watch for a breakout above this channel
• Exceptional Fib. support between 12 and 13 cents in the immediate vicinity of the rising 100-day EMA

Patriot Battery Metals (PMET, TSX-V)

If you want a great example of how Orford should trade over the coming months, with respect to its 100-day EMA, look no further than Patriot Battery Metals (PMET, TSX-V).

Each major downtrend in PMET has found support at or in the immediate vicinity of the 100-day EMA.

Atlas Salt (SALT, TSX-V)

Speaking of the importance of embracing pullbacks…

Atlas Salt (SALT, TSX-V) finally bottomed and broke out aggressively above its 3-month downtrend at the end of April, racing as high as $1.57 May 5 (78% gain off its mid-April 88-cent low) before retracing about half of that advance by closing at $1.17 last Friday.

We called for support on an anticipated pullback between $1.17 and the low-to-mid-$1.20’s, so now’s the time to get aggressive on the accumulation side again.

Next measured Fib. on John’s 9-month daily chart is $3.27. That’s nearly a triple from current levels, so Pro subscribers can’t say they didn’t have a chance to hit big here – on multiple occasions as history repeats itself.

Selection of a new CEO should be soon.

Note: John, Jon and Daniel hold share positions in SALT. John and Jon hold share positions in ORM. Jon also holds share positions in AGI and PMET.