SpockM current positioning

Rather than write a long post, two charts say it all.

Macro (nice but mundane):

Micro (this is where SpockM is right now):

The hardest part is selecting the right D&E stocks based on a range of criteria, including management, skin in the game, project prospectivity, balance sheet, enterprise value against the peer group and entry price. Plus a little bit of luck (call it long convexity in action).

ETFs and stocks in these instruments, generally do not meet the criteria. Far better outcomes can be had by constructing one’s own portfolio in selected D&E PM stocks, 3 standard deviations away from the ETF PM stocks.

contact

JEAN FRANCOIS MERCIER

If you are a member here and read this, please comment to this post, so we can make contact. Thanks.

Global Market Matrix – 12 Feb Update

Currently holding 9 long positions for 65% of capital. Cash 35%.

Average position size weighting 7%.

Current Performance Numbers:

UNREALIZED PROFIT $7,089
REALIZED PROFIT $25,176
CURRENT VALUE $132,265
% RETURN TO DATE 32%
% PER ANNUM 66%

Link: https://spockg.com/

Spock 😉

global positions

https://spockg.com/

There is only one game in town right now…the PM sector. That’s the focus at least until mid-March anyway.

Spock 😉

Spock Global Matrix

Feb 3 Update

https://spockg.com/2017/02/03/3-feb-update/

the beast

Grade is King

Nexus Gold Corp. NXS.V OTC:NXXGF has made some recent stunning high grade gold discovery announcements. Here is the latest today:

http://nexusgoldcorp.com/index.php/news-releases/2017-news/68-

And from 2 weeks ago: http://nexusgoldcorp.com/index.php/news-releases/2017-news/67-nexus-identifies-high-grade-gold-at-niangouela-returns-2-950-g-t-au-from-selected-sample-in-primary-quartz-vein

Grade is King. Could Nexus be the King of Kings? Here is chart. My medium term target is $CAD 0.42. Current price around $CAD 0.16

For those interested in getting in near the ground floor, Nexus Gold Corp. is doing a non-brokered private placement (PP) basis at a price of $0.12 per Unit. Each Unit will consist of one (1) common share of the Issuer (each, a “Share”) and one-half-of-one common share purchase warrant (each whole warrant, a “Warrant”) with each whole Warrant entitling the holder thereof to purchase one additional common share (each, a “Warrant Share”) of the Issuer at a price of $0.18 per Warrant Share for a period of twenty-four (24) months from their date of issue.

I have managed to secure a priority allocation for GT members. If interested email me at spock358@gmail.com and I can forward the subscription forms and other details. They are accepting over subscriptions, so I have some allocations available. I expect this to be closed off by close of business tomorrow, so be quick.

Here is the company website: http://www.nexusgoldcorp.com/ which contains all public information regarding the company and its activities. As you can see from the website, the company has been drilling a very prospective high grade gold project in West Africa. My understanding is that the funds from this PP will be used to accelerate and expand the drill program using a diamond core drilling program, to test the high-grade rock sample areas identified and other prospective areas along strike. Refer recent release from the company showing the gold grades that have been assayed to date. Expect more news from the company in this regard over coming weeks.

Spock 😉

Global Markets – 22 Jan Update

Shorted biotech and went long oil and gas production index last Friday. Cash now 70%.

The PM long positions have been closed out for profits. Looking to re-enter PM sector longs at the next daily cycle low for $GOLD, which should be either 26th January or 1st February, although the miners normally bottom before the metals. Not shorting the sector, as its in a bull market.

For the PM rock portfolio sitting tight through the daily cycle correction, as the weekly cycle is up into March, after the yearly cycle low last month.

$USD is forming a 15 year cycle top here, maybe one more daily cycle push. Expect a multi-year decline into 2023, to make new lows, at the bottom of the 15 year cycle. Expect left translated cycles going forward, into a bear market. This will be positive for the metals and commodities in general.

https://spockg.com/

Spock 😉

15 Jan – Global Markets Positions

https://spockg.com/

25% return in 5 months, using max 5% position size in any instrument, max 20% in any one sector, conservative, low leverage.

Average hold period 4 to 6 weeks. No day trading. No religion or politics!

$EURUSD

Thesis: 1.22 on 26 March 2017, and $GOLD ICH (weekly cycle high) … which just happens to be my birthday too 😉