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Hi and good afternoon,
As I’m sure you know by now, May has been yet another big month, something we’re seeing a lot of in this record breaking 2016. Are you ready to turn your attention to tonight’s new play? We wanted to make sure our next play had the potential to be something special.
In just the past couple of weeks we’ve seen runs reaching as high as 212 and 735%. No, we haven’t been perfect, no one is... but we have seen runs higher than 1,210% in recent months, and in the spirit of finding that “next giant”, I’d like to introduce you to a timely and fresh new play operating in what could be today’s most talked about sector:
GMUI is reaching seriously impressive milestones as a young company in a $135 billion industry (more on that in a few minutes).
We’ve done exceptionally well of late with certain trend reversals, which is our focus tonight… and here’s why:
After spending most of Dec. 2015 around .17, GMUI dipped all the way to .06 in early February. As support came in and volume rose it soared all the way back to .165 by the middle of the month.
And that seems to be GMUI’s thing of late… slide and recover.
In fact, it slid and rebounded a whopping 7 times in the past 4 months.
If you check out the chart you’ll see that every dip in the past 5 months has gone on to form a bowl in which it rocketed north on the tail end… a pattern that could be very exciting for traders as its consistency could continue to render enormous gains.
Look at the chart, it’s happened every single time, without exception. Period.
After a recent drop to the .03 ranges it seems it has been plateauing for about a week… is it time for that “rocket north”?
If it bounces from here, watch out, we might just see that Monster Mover we’re looking for!
Important: And GMUI is certainly no stranger to Big Rallies:
One: Just a few months ago it went on to rally to highs of over .16, delivering gains of up to 158%.
Two: More recently: About a month ago, on April 8th, it slid down to about its current level, .025 and then skyrocketed .069 by April 11th. That’s a gain of 175%.
Three: Just days later it slipped to .0389, only to bounce back to .075 for another quick gain of 93%.
Four: Once again, just a couple of days thereafter, it slipped to .025 and then shot back up to .05… a run of 100%.
That should be enough examples to have the average trades jaw drop… so I think I’ve made my point.
Now, about a week ago it slipped down to the .03 levels and seems to be building a base… in other words, that cup seems to be forming… will we see the pattern continue?
Will it “rocket north”?
Could it do it again?
If we do see a bounce from here, there could be a significant amount of room to the north, GMUI has a 52-week high of .1925…
… a return to that level could yield up to 470%.
And numbers of that size are certainly worthy of our attention. Just to be clear, no one is expecting to see a move of that size, but even a fraction could be something to get excited about.
Yet the numbers are just the beginning. GMUI and its exploding market have A LOT going for them right now, so let’s get to it:
Tonight’s new play is Gold Mining USA Inc (GMUI)
Website:
http://www.gmuiinc.com
Quote: https://finance.yahoo.com/q?s=GMUI
Fact: In 2015 about 3000 metric tons, or about $135 billion, of the yellow metal came out of the ground.
This Just Happened: Yesterday Goldman Sachs raised its gold forecasts for the coming months, citing stronger net speculative positioning and a recently weaker U.S. dollar.
So, being that Gold is once again the “hot topic” of the week, it begs the question…
Is gold on its way to $3,000?
One analyst thinks so:
http://www.valuewalk.com/2016/04/gold-prices-soar-analysts/
After just finishing its best quarter in 30 years (this past quarter), gold extended its gains, rising more than 17.2 percent year-to-date to become the best performing asset class among other commodities, U.S. Treasury bonds and major world currencies and equity indices.
We are likely entering a new gold bull market, writes the World Gold Council (WGC).
Since 1970, we’ve seen five gold bull markets, each one lasting an average 63 months and returning an average 385%, according to the WGC.
Now, as reported on Mining.com, one precious metals analyst predicts gold could rise to $3,000 within the next three years. Speaking at the Dubai Precious Metals Conference this week, Dr. Diego Parrilla, co-author of the book “The Energy World Is Flat,” stated “a perfect storm for gold is brewing” largely due to uncertainty over global central bank policies.
Example One: Take the central bank of China as one example. In the first three months of 2016, it purchased 35.14 tonnes of the yellow precious metal.
Example Two: The central bank of Russia added close to 46 tonnes of gold bullion to its reserves, too.
Three thousand dollars might be an overstatement, but several prominent financial institutions, including HSBC, RBC Capital Markets and Credit Suisse, are currently bullish on the metal.
Gold Mining USA + Major Developments
GMUI has been highly active in the past month, releasing several monumental developments:
At the forefront of these is Mt Tymn and Tennant Creek Gold Mines
Gold Mining USA has executed a legally binding MOU with the current owners to purchase the mining leases, permits and other assets subject to due diligence. The minimum gold resource at Mt Tymn is conservatively estimated at 227,000 ounces with large potential for further drilling and assessment.
Today gold rose $13.04 to reach 1,276.94.
I don’t think I need to do the math… but I will anyhow:
When you multiply 1,276.94 by 227,000 = 289,865,380
And ladies and gentlemen, that’s a big freaking number.
When you consider that this big number represents dollars it’s breathtaking.
The company has already completed its initial assessment and recently released the numbers… and they’re very large.
See the news here:
Gold Mining USA Inc Announces Preliminary Assessment on Mt Tymn Mine Acquisition
According to this mega news:
Maurice Byrne President of GMUI states, "Our engineers and geologists has been reviewing materials on the Mt Tymn thoroughly for several weeks now, and in their findings we have a good reason to believe this to be an extremely valuable acquisition."
Pretty impressive stuff for a company that closed today at only .03.
But then again, the company does have a VERY solid management team:
http://www.gmuiinc.com/corporate
Conclusion:
GMUI has been roaring along since the start of April. Recent activity seems to suggest that an opportunity is here tonight.
We could have our sights on a massively undervalued opportunity.
Tonight’s play has a history of major moves… in both directions.
As I said up top, take a look at the chart. You’ll find that nearly every dip this year has gone on to form a bowl during which GMUI has rocketed north on the tail end.
This pattern that could be very exciting for traders as its consistency could continue to render enormous gains.
After a big slide we’re starting to see major news released regularly.
Now we’re looking at a Ground Floor Situation that could be ready to explode!
After plateauing and building a base for about a week now, could GMUI rally once again?
Today GMUI closed at the day’s high, which could suggest a bounce is coming.
Due to its high volatility a move from these low levels could translate to large percentages.
Make sure you put it on your screen right away.
At .0328 there could be a major upside.
If it were to see that .1925 level again it would represent a percentage move of about 470%.
We urge members to take Swift Action, start researching GMUI right away.
As always, we encourage you to do further research.
Enjoy your afternoon,
James
W.OTC
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