I don’t know this guy from Adam …but this was in my inbox

Interesting

It was November 17th when Diamond Fields released their first hole at Voisey Bay which set off a monstrous run in their share price. The story started at pennies per share with the early seeders and was eventually bought for the equivalent of over $160 per share on the heels on an amazing nickel sulphide discovery. Is Garibaldi Resources (GGI/GGIFF) going to release their first batch of assays from Nickel Mountain tomorrow, on the anniversary of VB?

If not, it certainly will be any day. This is based on simply the time that has passed since their last press release and determining the time at the lab thus far. But, certainly their are rumblings that we’ll see news here this week. You can’t really read much into the stock activity this week because the volume is very low…we’re all waiting!

But, my gut tells me the results will be amazing and both GG and Metallis Resources (MTS/MTLFF) will soar in value the next few days. So, I’ve topped off my MTS position just in the last hour. I bought more GGI yesterday as well. Why am I so bullish on Metallis too? It is all the same structure! Kirkham starts where E&L ends….just look at the maps/photos. I think it would be miraculous if Metallis does NOT have a meaningful amount of this ore body on their property. They could even have the source at Kirkham….we just don’t know yet.

Regardless of the ultimate verdict, MTS will trade in sympathy with GGI good or bad, in the near term. I’m very stoked about these two stocks right now as they have the most potential in the near term of anything out there. That also means there is big risk as well….the correlation is always equal. But, I’m prepared to take the risk for the potential score and have a full blown position on in MTS and GGI. For the appropriate position sizes, I envision the stocks getting slashed by 50%. Can I live with that? I wouldn’t like it but I wouldn’t go poor. On the other hand, if GGI opens at $8 on Monday and MTS at $3.50, do I own enough?

I’m obviously confident that the outcomes will be higher but these assays will tell us the facts. Both stocks are below our buy up to prices so don’t be afraid to top off your positions before the close today…if you can handle the risks involved and the amount you choose to expose. Cheers to Nickel Mountain! I’m knocking on wood as I press send….

Sincerely,

Eric Muschinski
Gold Investment Letter

eric@phenom.ventures