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Kaiser Media Watch Blog - October 1, 2016 to October 31, 2016


Kaiser Media Watch Blog enables John Kaiser to share online content from other media he deems interesting or relevant to Kaiser Research Online audiences. He collects links to such content and writes a brief explanation. The KMW Blog gets updated during the evening KRO update. After a week or so the current KMW Blog gets archived and a new one is started. Tweets are sent with a link to the item in the KMW Blog when it is of particular interest. Right clicking the JK header allows one to share or copy a link directly to that specific blog post.

Posted: Oct 27, 2016JK: Discovery Watch October 27, 2016 with Jim Goddard and John Kaiser
Published: Oct 27, 2016HSC: Discovery Watch - Oct 27, 2016: The Hunt is on for Super Diamonds

Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will not be limited to companies he has covered as Bottom-Fish and Spec Value Hunter picks. He will briefly describe each project's goal and its timeline. These projects will generally be exploration plays that have not yet turned into a discovery. The objective of Discovery Watch is to alert audiences to the existence of earlier stage exploration projects before they become big discoveries. Jim and John will periodically circle back to review the outcome. Should one of the projects deliver a discovery Jim and John will monitor that discovery on a more frequent basis. KRO will keep track of projects mentioned through Discovery Watch with HoweStreet.com which will keep a running tab of Discovery Watch projects that includes links to the KRO profile for each company and project.

Discovery Watch Audio Links
Redstar Gold Corp (RGC-V)Unga

Alaska, USA

Gold Silver
0:00
Serengeti Resources Inc (SIR-V)UDS

British Columbia, Canada

Copper Gold
3:42
InZinc Mining Ltd (IZN-V)Indy

British Columbia, Canada

Zinc Lead Silver
6:55
Crystal Exploration Inc (CEI-V)Muskox

Nunavut, Canada

Gold
12:27
Tsodilo Resources Ltd (TSD-V)BK16

Botswana

Gold
16:05
John Kaiser is a shareholder of InZinc and Tsodilo; InZinc, Serengeti and Tsodilo are SVH picks; Crystal is a BF pick

Posted: Oct 21, 2016JK: Discovery Watch October 21, 2016 with Jim Goddard and John Kaiser
Published: Oct 21, 2016HSC: Discovery Watch - Oct 21, 2016: Is there Life in Zombie Juniors

Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will not be limited to companies he has covered as Bottom-Fish and Spec Value Hunter picks. He will briefly describe each project's goal and its timeline. These projects will generally be exploration plays that have not yet turned into a discovery. The objective of Discovery Watch is to alert audiences to the existence of earlier stage exploration projects before they become big discoveries. Jim and John will periodically circle back to review the outcome. Should one of the projects deliver a discovery Jim and John will monitor that discovery on a more frequent basis. KRO will keep track of projects mentioned through Discovery Watch with HoweStreet.com which will keep a running tab of Discovery Watch projects that includes links to the KRO profile for each company and project.

Discovery Watch Audio Links
Tri Origin Exploration Ltd (TOE-V)South Abitibi

Ontario, Canada

Copper Zinc Gold Silver
0:00
Callinex Mines Inc (CNX-V)Pine Bay

Manitoba, Canada

Zinc Copper Gold Silver
7:42
Vendetta Mining Corp (VTT-V)Pegmont

Queensland, Australia

Zinc Lead Silver
12:31
Playfair Mining Ltd (PLY-V)Ox Mountain

Ireland

Gold
19:29
John Kaiser does not own any of the above and only Callinex is a BF pick

Posted: Oct 21, 2016JK: The Visual Capitalist charts the march of the machine
Published: Oct 21, 2016Misc: The Robo-Advisor Arms Race
Jeff Desjardins of the Visual Capitalist has published a a graphic that depicts the arrival of big investment management firms into the brave new world of robo-advice spawned in 2010 by a couple of startups. The financial sector has evolved from a transaction fee based revenue model to an asset management fee whereby the "financial advisor" collects a percentage of the asset value under management regardless whether its value is up or down at the end of the year, and a percentage of any value gained by the assets under management. Sorry, the financial advisors do not share in your pain when your portfolio ends up down. The transaction fee model where the financial advisor and his/her firm receives a commission based on the value of a stock purchase or sale had its hey-day during the eighties when brokers were encouraged to "churn and earn". Brokerage firms specializing in high risk markets such as the Canadian juniors would let their clients buy stock without money in the account on the feigned expectation that payment would arrive by the 5 day settlement. By the tenth day the broker would start pressuring the client about settling the trade, and by the 15th day the credit department would sell out enough stock to settle the debt if the broker had not already achieved this task. If the entire account had to be liquidated and a debt remained in it, the financial advisor would become responsible for it, and if he or she could not pony up the capital to make the debt disappear, the firm would make arrangements to enslave the advisor in a repayment scheme that could involve hanging paper on his or her clients in which the firm's principals were loaded up. By the end of the month all accounts had to be settled by the fifth day of the trade so that when the regulators examined the month end books no firm was offside and the lucrative business of loan-sharking to gamblers remained invisible. A good broker could squeeze two such trade cycles out of every month, 3% in and 3% out for a 12% monthly commission on the value traded by the client. Meanwhile, once a debt was beyond the 5 day settlement, the account was effectively treated like a margin account and charged an appropriate interest rate on the outstanding debt which the firm did not share with the financial advisor.

This lucrative business model came to an end in the nineties when commissions were deregulated and momentum traders moved their accounts to the discount brokerage firms like TD Greenline that popped up. Clients could no longer run debts beyond the 5 day settlement, which eventually dropped to 3 days, but they paid a lot less for their trading activities. They also ended up with 100% responsibility not just for their winners but also their losers, the secret bargain behind having a full service account. The model of a full service broker generating commissions from transactions quickly fell apart as it became apparent that clients would soak up their full service broker's advice, conduct a token trade with that broker, and do a much bigger trade through their vastly cheaper discount broker which provided little more than trade execution. Necessity forced the financial sector to move to a fee based asset management model where communication with the client was minimal and the goal was to preserve and even grow the client's capital. In contrast the transaction fee based model inflicted tremendous leakage on the value of client accounts except during the expansion part of bubble markets which usually erupted around some exciting new discovery with area play implications. Rather than treating clients as a flock of sheep to be fleeced and eventually devoured as mutton, the financial sector started treating investors as a herd of cows to be milked like those humans stuffed in the pods of the Matrix fed an illusory virtual reality.

The financial sector continued to cater to the resource juniors by seeking high net worth clients to whom they could flog private placements under the "accredited investor" exemption. Private placements used to have a 12 month hold restriction except when washed through so-called offshore "exempt institutions" in places like Switzerland, which made them a very risky investment mechanism for a junior's exploration play speculation cycle rarely lasted more than 12 months. But at the turn of the century the hold period was reduced to 4 months which was short enough for the money not to have been utilized to kill an exploration play, and long enough to prevent pre-selling, the abusive practice that killed the short offering memorandum as a financing vehicle for the juniors. These SOM financings, which were called "statement of material fact" offerings during the eighties during the reign of Murray Pezim, did not require a purchaser to be "accredited" and had no hold restriction. The new four month hold private placements were lucrative because the brokers could collect as much as 10 and 10 on the value of the transaction (10% commission in cash or stock and 10% bonus warrants) collected from the company rather than the client. More often than not the company would be bullied into spending money on stock promotion that kicked in right around the time that the 4 month hold restriction ended, even though the private placement boiler plate stipulated that nothing of the sort should be undertaken, enabling the placees to clip the warrant and flip the stock. The goal was to get back the private placement capital; if more was obtained it was a pleasant surprise. The broker then went to work finding a new private placement for the client's recovered capital, while the client enjoyed a free or low cost ride on the future success of the junior thanks to the warrant which can have a term as along as 5 years.

The bear market that began in 2011 gradually choked off the private placement mechanism as placees discovered that there was no after-market in which to unload their paper and eventually learned not to do private placements. Part of the problem was a technological innovation called algorithmic trading, essentially software that fed orders directly into the order book, and the "day trading account" which was exempt from borrowing stock for short sales so long as the account was flat by the end of the day. The ability to assure the latter was greatly helped by the elimination of the uptick rule for short sales which enabled algo traders to pound the bid side of the order book in order to precipitate discouraged long shareholders to sell their positions.

The private placement model, which relied on trading startegies, was not consistent with the fee based asset management model, which worried the bigger bank controlled financial firms to whose assistance the regulatory system rallied with the invention of the client relationship model and a suitability requirement which enabled clients to weasel out of bad trades by claiming the broker allowed him or her to make an unsuitable trade. Since the 2008 crash clients aged 55 and older have discovered that the compliance department of their firm will refuse execution of a trade deemed "risky" and thus unsuitable even when it was an unsolicited order from the client. Much to the chagrin of the bankers the regulators evolved a zealotry based on the principle that a human advisor is a weak link in asset management because of a vulnerability to self-serving or ignorant advice that harmed the client's interest. The regulators even discovered that the brokers were stuffing their "managed" accounts with products that had all sorts of hidden up front and trailing fees. The penny stock practice where a broker's job was akin to that of a mushroom grower, namely keeping his clients in the dark about the true status of their investments and thus prolonging their ownership until was hopelessly too late, became institutionalized at the mutual fund level.

Not so much discussed is that the market generally engages in a random walk which a highly diversified portfolio will follow in a manner that does not allow blaming anybody for malfeasance or stupidity. Out-performing the market requires a manager to either be lucky or fearlessly ride an emerging trend. The recent absence of discernible trends that eventually capture the general public's imagination is a reason hedge fund returns have suffered in recent years to the degree that clients are pulling their capital and putting it into market index linked vehicles. The awakening of investors to the random walk nature of the market was picked up on by entrepreneurs who understood that it was possible to compile a detailed risk and objective profile for a client, convert that into a portfolio with a corresponding structure, and stuff each category with appropriate "structured products" such as ETFs and mutual funds that diversified away the catastrophe risk associated with individual securities. No need to worry that a German icon like Volkswagen would cheat on diesel emission tests, or an Internet company like Yahoo would see 500 million passwords scooped by hackers, an energy giant like BP would suffer a Deepwater Horizon blowout, or a banker like Wells Fargo would support a culture of systemic client abuse.

The startups recognized that the classification of products was an ongoing task with a fixed cost whose outcome was very scalable. It is the same principle that lies behind the newsletter model; generating good ideas involves hard work, but the result can be shared with an open-ended subscriber base. The harder part was collecting the risk and objective profile for each client and keeping it sufficiently up to date to stave off accusations that nobody paid attention to a client's changing needs and circumstances. The newsletter industry does not have that problem because by definition each subscriber is anonymous. But even the profile maintenance task can nowadays be automated thanks to online accounts whose owner's privileges can be frozen if certain periodic questionaires are not completed. Of course since all asset classes engage in random walks not always correlated with each other, there had to be some way to maintain the correct balances, a tedious task for a human advisor but not for software that compares the daily asset class values with their theoretical portfolio allocation and automatically rebalances the positions in each class by drawing on a pool of pre-vetted instruments.

With a modest computing cost and a fixed classification cost it became possible to cut the management fee to a fraction of the hedge fund fantasy of 2 and 20 for which the bankers lusted (2% of portfolio value and 20% of any gains). And so was born the robo-advisory which offers a huge cost advantage over "full service" asset management accounts presided over by human beings which the regulators viewed as the weak link in financial services. The bigger firms have no choice but to embrace the lower cost robo-advisory accounts and are happily doing so because it enables them to get rid of the expensive human overhead and the risk that even a well-meaning advisor could make a decision that the market's random walk wrong-foots and, because that broker's choice is out of step with the herd, exposes that account to "suitability" litigation from the client.

I've been talking and writing about this process for a few years, but the Visual Capitalist's graphic version makes this problem more readily intelligible. With regard to the resource juniors, it is time to treasure the few remaining financial advisors who still serve clients interested in a two-way dialogue about high risk high reward investments, and get serious about lobbying for greater freedom for retail investors to participate in private placements without any compensated intermediary. That means getting rid of the "existing shareholder" requirement of the exemption that allows non-accredited investors to buy up to $15,000 worth of private placement stock per company per 12 month period, and streamlining the paperwork so that participation in a private placement is a simple digital event rather than the dinosaur like process of today. Whichever way an investor other than the ultra rich looks at it, their investment future consists of robo-advised mediocrity or 100% personal responsibility for investment decision. And judging by the explosion of "family offices", even the ultra rich are giving up on the financial advisors.


Posted: Oct 14, 2016JK: Discovery Watch October 13, 2016 with Jim Goddard and John Kaiser
Published: Oct 13, 2016HSC: Discovery Watch - Oct 13, 2016: Markets Ignore Surprisingly Good Numbers

Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will not be limited to companies he has covered as Bottom-Fish and Spec Value Hunter picks. He will briefly describe each project's goal and its timeline. These projects will generally be exploration plays that have not yet turned into a discovery. The objective of Discovery Watch is to alert audiences to the existence of earlier stage exploration projects before they become big discoveries. Jim and John will periodically circle back to review the outcome. Should one of the projects deliver a discovery Jim and John will monitor that discovery on a more frequent basis. KRO will keep track of projects mentioned through Discovery Watch with HoweStreet.com which will keep a running tab of Discovery Watch projects that includes links to the KRO profile for each company and project.

Discovery Watch Audio Links
Uravan Minerals Inc (UVN-V)Outer Ring

Athabasca Basin, Canada

Uranium
0:00
Independence Gold Corp (IGO-V)Boulevard

Yukon, Canada

Gold
6:00
Ivanhoe Mines Ltd (IVN-T)Kamoa-Kakula

Congo (DRC)

Copper
9:07
Clean TeQ Holdings Ltd (CLQ-ASX)Syerston

New South Wales, Australia

Scandium Nickel Cobalt
14:12
Coro Mining Corp (COP-T)Marimaca

Chile

Copper
24:09
John Kaiser owns Uravan, Scandium Intl and Coro; Uravan and Scandium Intl are SVH picks; Independence is a BF pick

Posted: Oct 7, 2016JK: Discovery Watch October 6, 2016 with Jim Goddard and John Kaiser
Published: Oct 6, 2016HSC: Discovery Watch - Oct 6, 2016: Have Junior Miners been Hurt by Gold's Sudden Drop?

Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will not be limited to companies he has covered as Bottom-Fish and Spec Value Hunter picks. He will briefly describe each project's goal and its timeline. These projects will generally be exploration plays that have not yet turned into a discovery. The objective of Discovery Watch is to alert audiences to the existence of earlier stage exploration projects before they become big discoveries. Jim and John will periodically circle back to review the outcome. Should one of the projects deliver a discovery Jim and John will monitor that discovery on a more frequent basis. KRO will keep track of projects mentioned through Discovery Watch with HoweStreet.com which will keep a running tab of Discovery Watch projects that includes links to the KRO profile for each company and project.

Discovery Watch Audio Links
Sirios Resources Inc (SOI-V)Cheechoo

Quebec, Canada

Gold
0:00
Azimut Exploration Inc (AZM-V)Eleonore South

Quebec, Canada

Gold
5:51
Canalaska Uranium Ltd (CVV-V)AKP - De Beers

Athabasca Basin, Canada

Diamonds
8:12
Uravan Minerals Inc (UVN-V)Outer Ring

Athabasca Basin, Canada

Uranium
11:08
Endurance Gold Corp (EDG-V)Elephant Mountain

Alaska, USA

Gold
14:14
Redstar Gold Corp (RGC-V)Unga

Alaska, USA

Gold
16:20
John Kaiser owns Uravan; Sirios and Uravan are SVH picks; Canalaska and Independence are BF picks

Posted: Oct 4, 2016JK: Discovery Watch October 3, 2016 with Jim Goddard and John Kaiser
Published: Oct 3, 2016HSC: Discovery Watch - Oct 3, 2016: Where are the Hot Spots for Canadian Jr Miners?

Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will not be limited to companies he has covered as Bottom-Fish and Spec Value Hunter picks. He will briefly describe each project's goal and its timeline. These projects will generally be exploration plays that have not yet turned into a discovery. The objective of Discovery Watch is to alert audiences to the existence of earlier stage exploration projects before they become big discoveries. Jim and John will periodically circle back to review the outcome. Should one of the projects deliver a discovery Jim and John will monitor that discovery on a more frequent basis. KRO will keep track of projects mentioned through Discovery Watch with HoweStreet.com which will keep a running tab of Discovery Watch projects that includes links to the KRO profile for each company and project.

Discovery Watch Audio Links
Wesdome Gold Mines Ltd (WDO-T)Kiena Complex

Quebec, Canada

Gold
0:00
Transition Metals Corp (XTM-V)Aer-Kidd

Sudbury Basin, Canada

Nickel Copper PGM
7:14
Goldquest Mining Corp (GQC-V)Romero

Dominican Republic

Gold Copper
15:30
Independence Gold Corp (IGO-V)Boulevard

Yukon, Canada

Gold
19:23
Wesdome is an SVH pick; Transition, Goldquest and Independence are BF picks

Posted: Oct 4, 2016JK: Jim Goddard of This Week in Money interviews John Kaiser about the Mines and Money Americas Show
Published: Oct 1, 2016HSC: This Week in Money: Jim Goddard asks John Kaiser about the Toronto Mines and Money Show

On September 27, 2016 at the Mines and Money Americas show in Toronto I presented A Crowd-Sourced Model for Valuing Exploration Projects which will revolutionize the global junior resource sector if it becomes a reality. I am currently working with an Australian group to develop an online portal which will allow members to privately engage in outcome visualization of exploration plays and, if they so choose, share their visualized outcome in a public space, a "Boomtown" dedicated to that exploration project of the publicly listed company. For an example of a visualized outcome, check out the KRO Outcome Visualization page where I post the outcomes I visualize with the help of the offline software I developed to make it easy.

The crowd-sourced version will carry a disclaimer warning that all members who share a visualized outcome are assumed to have a conflict of interest with the agenda of manipulating the market and the behavior of their peers so that they can personally benefit. That is how the financial world actually operates, but because its participants do so from the basis of credentials that demand trust, nobody will ever admit that this is the reality. My crowd-sourced portal avoids this problem because its members' untrustworthiness is explicit and because sharing privileges require a real world anonymity for the members. The are nobodies. No fancy abbreviations trailing their names. In other words, all members who start sharing their visualized outcomes or critiquing those of others start out with a zero reputation and never ever have credentials. Nobody knows if an outcome shared to a Boomtown by JohnDoe was created by a newsletter writer called John Kaiser, a professional geologist, a mining engineer, a stockbroker, a person who reviews technical reports for the BC Securities Commission, a company shill, a teenager, a short seller, or even the Prime Minister of Canada. Each member is acting as a private citizen, and as such is entitled to dream and share those dreams with the world in a public space. The member's reputation evolves exclusively from how he or she behaves within the portal which keeps track of everything including the reactions of all its members and makes it completely available to all members. There is nothing like this in the real financial world because most dealings are between specific parties behind closed doors, not inside a fish bowl with memory. In the real world outrageous abusers end up in jail or barred from operating in positions of trust, but subtle abusers wander from victim to new victim because the past is not public.

Mermbers of a crowd-based portal where everybody is assumed to have a conflict of interest can only evolve a capacity to influence others by developing a crowd-reviewed reputation. Without his prior branding Donald Trump would be ignored as nothing more than a blowhard on the street corner. My portal will allow anonymous individuals to create brands that are worthless outside the arena. Cobbling together an outcome that relies on implausible assumptions will not build anybody's reputation. Nor will consistently sharing negative outcomes because that is mother nature's bias and any dummy can build a track record of consistently predicting disappointing results. Sharing outcomes that are plausibly linked to existing information and matched with appropriate mining cost scenarios will build a member's reputation, even when exploration results fail to deliver the projected fundamentals. Presenting a plausible hypothesis and adjusting it to reflect new information in the style of the scientific method regardless if it boosts or diminishes the hypothesis will build reputation. When a member shares a visualized outcome for the first time to a Boomtown the system will alert all other members who have chosen to follow that member. If that member has a strong reputation, lots of members will check out the new visualized outcome. How does its implied value relate to that of the market value or the consensus range of outcomes already shared by others? Do the underlying assumptions make sense?

A strong reputation motivates members to track down good exploration plays, accumulate a stock position, and then share the visualized outcome with a reasonable expectation that there will be some stock price and liquidity gain as others take note. Front-running your "pick" and selling into the market response is fine if you are anonymous and have no real world credentials on display. The difference with the real world is that your "pick" is not a "trust me" tout that exploits the greater fool theory. Your "pick" is an after-tax NPV based on several dozen discrete numeric decisions you have made that is adjusted by the system to reflect the uncertainty associated with the stage of the project (the "rational speculation model") and turned into a fair value stock price. If your rich price target rests on non-sensical numbers, you will be publicly flamed by fellow members. The quest for reputation within a competitive, transparent arena will cause the distribution of shared outcomes to deliver a consensus range that can become the basis for the project's market value and the outcome investors bet with or against. Since it will never be clear whether it is the market trend or the crowd's consensus trend that is determining the other, and because exploration work delivers results whose fundamental nature was unknown before the start of the program, there is no "solution" to this "game" like there is for tic-tac-toe.

Once a crowd-based portal of this nature is operational, the expectations of the crowd will converge upon the fundamental reality of an exploration project well before the a QP signs off on a 43-101 or JORC resource estimate or economic study. It will never be exactly the same, because the crowd does not have the actual data and is limited to a DCF formula that relies on life-of-mine averages whereas a 43-101 economic study will be based on optimized ore and depreciation schedules. Provided enough members have shared outcomes to a project's Boomtown, somebody's outcome will be closer to the 43-101 outcome than those of others. Sometimes it will be the pessimistic or optimistic outliers. Some members' reputations will gain, others will lose some reputation. Nobody is dead right all the time, but some will be more often close than not. A reputation built over time can only be destroyed by embarking on a deliberate betrayal of the crowd's "trust" in that member courtesy of the reputation that was exclusively build up within the portal. The regulators will probably not like this one bit, though the smart ones will realize that not only will this bring greater integrity to the market's understanding of what an exploration project is all about, but it also bestows legitimacy on the 43-101 reporting system.

My crowd-based portal will revolutionize the resource junior sector because it will empower the crowd to connect the information dots provided by the companies in a public manner that enables everybody to understand the size of the expected prize and on what it is supposed to be based. Imagine a Boomtown as a Roman coliseum on whose arena floor members share and defend their visions like gladiators. Imagine other members choosing to enter the Boomtown coliseum and being seated based on their reputation. Imagine each member having the ability to color their seat red, gray or green to reflect their current sentiment about the Boomtown. Imagine each member giving thumbs or down to specific gladiators on the arena floor. Imagine you as a portal user asking to see who likes or dislikes JohnDoe's outcome for that BoomTown and clicking on that member's seat so that you can explore thhat member's history. Imagine running a time series "video" of that Boomtown's coliseum stands to study the changing sentiments. I am just scratching the surface about what can be done with crowd-based portal of the sort I am developing.

A big thing missing from the resource junior space is the old rumor mill, not just about pending results, but about capital in and out flows. Market activity no longer makes sense because algo programs now operate in the market, largely on the basis of trading activity data. Brokers used to play a very important role as network hubs. But nobody uses the phone anymore. Stock forums such as Hot Copper and Stockhouse are the new network hubs, but they are linear and unstructured. Investors do not know what the rest of the crowd is currently thinking or trending. The junior resource sector is screaming for a mirror such as I am building. JaneDoe can see herself in the coliseum crowd or the arena floor; everybody else can see her too but only she knows her identity. Imagine watching yourself on TV at a soccer game either as a spectator starting a "wave" or a player kicking ass as the crowd roars or boos. Imagine monitoring the market value of the project in comparsion to the valuation implied by the consensus outcome, or that of a high reputation member who has just entered the Boomtown arena as a gladiator. Imagine how much fun it will be again to gamble on exploration juniors, either as longer term fundamental bets stretching over an exploration season, or as intra-day bets ahead of or right after news that requires a rethink of the project's fundamentals.

My crowd-based portal is projected to be ready for beta testing in Q1 of 2017. Anybody interested in being a beta tester should contact John Kaiser at Why would you want to be a beta tester? Because when the commercial version goes live you will already know how it works and you will have a head start building your reputation from the starting point of zero. The portal will initially feature all serious ASX/TSX/TSXV listed resource juniors and their main projects, but eventually there will thousands of Boomtown project nodes waiting for somebody plunk down the first visualized outcome. It will be like a gold rush as thousands of retirees, students, professionals, punters, and others scour company web sites and pick IR reps' brains for the basic information needed to visualize a plausible outcome and "stake" it to that Boomtown before the rest of the crowd arrives. Resource juniors who have not been adopted by one of the financial cartels better get ready for this rush which will bypass those juniors run by lifestyle management teams.


 
 

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