A2A with "Mercenary Geologist" Mickey Fulp

The Mercenary Geologist

With metals prices moving higher and a rebound in the mining shares, what a great time to welcome back independent exploration geologist and analyst Mickey Fulp.

One of the most difficult aspects of mining share investing is dealing with the challenge of discerning a high quaility opportunity from a potential loser. While no one can get it right all of the time, your possibilities for profit can be greatly enhanced if you find some wisdom and experience to guide you. To that end, Mickey Fulp has spent the past 35 years analyzing and exploring within the mining sector and he freely shares his insights through his website https://www.goldgeologist.com/index.html

Over the course of this 50-minute webinar, Mickey addresses a number of issues and answers several listener questions. Some of the topics covered include:

  • the key metric for the mining sector in 2017
  • the possibility of a pick-up in M&A activity
  • Mickey's favorite precious metal for 2017 (hint: it's neither gold nor silver)
  • the prospects for the base/industrial metal miners
  • Mickey's thoughts on cobalt, uranium and copper
  • And much, much more!

I'm confident that you're going to find this information to be extremely valuable so I strongly encourage you to carve out some time today or over the weekend to give this a listen. Thanks again to Mickey for being so generous with his time!



Feb 9, 2017 - 2:32pm



Feb 9, 2017 - 2:50pm


....Don't mess w tha Mick

Feb 9, 2017 - 2:51pm



Feb 9, 2017 - 2:51pm




See: a second-class citizen any second any second now at second hand be second to none come off second best get a second wind get a/ second wind give (someone) a .

2c piece
Feb 9, 2017 - 3:13pm


All other posts are cinq less. Just saying.

Feb 9, 2017 - 3:16pm

Got my seventh spot?

Damn! Have to settle for sixth.

Itchy trigger finger . . .

Stack on!

Feb 9, 2017 - 3:58pm


EDIT: deleted as a pretty dumb post.... (self editing)

Feb 9, 2017 - 4:24pm


more energy!

Feb 9, 2017 - 4:33pm


Turdville's good friend Steve St Angelo is reporting that the world's largest primary silver mine just announced that for the first half of its 2017 fiscal year, production fell 27% over the first half of FY2016, due to declining ore grades!


The Cannington Mine, in Australia, produced 44 million ounces of silver in its peak year, 2005. Production is now down to an annualized 17.4 million ounces (probably less, if ore grades continue their decline in the second half of FY2017)!

Feb 9, 2017 - 4:34pm

Please sign petition to arrest George Soros!

Petition to Arrest George Soros, 1490
  1. the unlawful use of violence and intimidation, especially against civilians, in the pursuit of political aims.


Feb 9, 2017 - 4:37pm

Fantastic interview!! I

Fantastic interview!!

I follow Mickey over on Kerry Lutz's show. Man, if I knew 10% of what he knows.

Anyway back to work!

Feb 9, 2017 - 5:13pm


In the old days (just a couple years ago), we'd call this a Cartel warning shot....a signal from one Bank to the next that a much more significant raid was coming.

Note the timing (right before the Globex close) and be sure to notice that there was no corresponding action in USDJPY or bonds.

So, be on the lookout.

Feb 9, 2017 - 5:19pm


Be sure to note the nasty candle that they painted and that price is now just back below the 100-day MA.

Again, though, this is not unexpected given the RSIs that we discussed just yesterday. Let's see if we can find some support near or just below that $1220 level that had proven to be such tough resistance over the past few weeks.

Feb 9, 2017 - 5:21pm

NOTICE: Newsletter Writers Panel Thurs Feb 9 at 1PM EST

Four of mining's best independent analysts will join CEO.CA this Thursday Feb 9 at 1pm EST / 10AM PST for an incredible panel on creating wealth and avoiding destruction in early-stage mining stocks, arguably the highest-risk and highest-reward sector of all investing.


CEO.CA CEO Tommy Humphreys (that's me) will be the moderator.

The panelists have more than 100 years of experience evaluating mining, exploration and development projects and public companies.

The panel will focus on the outlook for mining shares as well as emerging discoveries.

It will take place in the ~Coreshack panel at CEO.CA (www.ceo.ca/~coreshack) Thursday (tomorrow) at 1pm EST and 10am PST.

CEO.CA members will be able to ask questions of the panelists from any channel on CEO.CA using the hashtag #askgold.

A thread of the conversation will be available after the event.


Feb 9, 2017 - 6:17pm

A Good Laugh!

ZeroHedge reports that the Fed's top lawyer is retiring:


The reader comments below the article had me LMAO!

I particularly liked the comment that the Fed had no need for a lawyer, since there are no laws that apply to them!

Antony von Clearwell
Feb 9, 2017 - 6:19pm

Resistance vs support

Precious metals support versus resistance.

Resistance: tough, almost unbeatable on the way up. Requires repetitive pounding for weeks to break out above.

Support: slice through like a hot knife through warm soft butter. Requires a sneeze and quick eyes.

Antony von Clearwell
Feb 9, 2017 - 6:37pm


Also known as the saw tooth generator. Slow stair stepping up to finally resolve in a straight vertical down all the way to the first step level (or preferably, even below that one). Then repeat.

Feb 9, 2017 - 7:24pm

AvC Re: R&S

Nailed it! That is probably the very best (edit: circumstantial) evidence of price suppression there is.

The smoking gun, so to speak.

Feb 9, 2017 - 7:34pm

An Auspicious Interview - Turd

Last night I was trying to find a chart of platinum to gold ratio as my thoughts were around the BTC being priced higher than platinum. So searching I found an article that stated that barnd coin investment had increased by 10% for 2016.

They also stated that automotive demand fell by 6%, and also mine supply of platinum fell by 10% for 2016.

The ration convinced me that this is a good time for diversifying.

Feb 9, 2017 - 8:12pm

Good A2A Thanks

There might be a time Russia keeps its production, but platinum seems like an investment for advanced income people.

Not for me.

I will invest in brass and bang sticks first.

Decent article on BTC


Feb 9, 2017 - 8:29pm

How to look at currency

Chuck Butler (Daily Pfennig):

I had a longtime reader send me a note yesterday, and ask me once again, explain what makes the markets want to buy or sell a currency.. OK, strap yourself in, keep your arms and legs inside at all times, and let’s go! Currencies are the stock of a country.. As company issues its stock, a country issues its currency, which is the stock of the country.. So, if that’s the case, then the currency should be looked at, when placing a value on the currency, the same way you place a value on a company issued stock. You create a criteria that you use to value a stock, right? Well, use that same criteria for valuing a currency. For instance, you look at a stock for its balance sheet, right? Do the same for the country. You look at a stock for its yield, do the same for the currency. You look at the stock for its leadership, do the same for the currency, and so on, and so on… You create the criteria that you use, and stick with it.. And just like stocks, there are a handful of currencies that will meet your criteria, but these currencies will rotate over time in and out of your criteria’s limits. So, there you go, in a nutshell.. I could go on, and on, like Stephen Bishop, but I won’

Feb 9, 2017 - 9:44pm

Porous Support

just to show us we're still their little bitches. I may be cynical and jaded but think that they will remain in control for foreseeable future. I truly hope I'm wrong !!

Feb 9, 2017 - 10:38pm

Has anyone seen this...seems dire for Northern Cal

"The Oroville dam is going to overflow and there is nothing they can do to stop it.

Right now the inflow is 180,000 cfs and they can only get rid of at most 30,000 cfs. The conditions at the dam were greatly worsened by increased rains. I still believe the spillway was destroyed with explosives to prevent a controlled release. If the spillway was not damaged, it would handle the current inflow without incident. However, now they are going to have to let the water flow over the mountain that forms part of the dam, and that has never been done before. If the mountain cannot take the beating, it is going to be GAME OVER.

At the current inflow rates, once the dam overtops the mountain will have to take, at this time, the full fury of the entire Niagra falls, TIMES TWO, and worse, Niagra falls only has a drop of a little more than 200 feet. This water will do a drop of 900 feet. It is going to be epic, even if it does not end up being an epic disaster.

There is nothing they can do to stop this, because with the spillway as damaged as it is, there will be little difference between letting the dam overflow and trying to use the spillway which is effectively destroyed.

The silence of the government is deafening. They are still telling the public not to worry. I believe that is negligent to the point of criminal. At the current rate of rising water, the dam will overtop tomorrow. If you live downstream it would be a very good idea to pack the car and take a week end vacation."


Feb 9, 2017 - 10:58pm

Empire Files: US-Russia Relations in "Most Dangerous Moment"

Abby Martin interviews Dr Stephen Cohen.

Empire Files: US-Russia Relations in "Most Dangerous Moment"

If you have the time, check out the rest of The Empire Files.

Feb 10, 2017 - 12:18am

Yogi Bear was wrong!

Sometimes it's easy to predict the future....like tomorrow's gold price direction...plus my miners.

Feb 10, 2017 - 12:31am
Feb 10, 2017 - 12:44am
J Siefert
Feb 10, 2017 - 4:03am

Another Nail in the Dollar Coffin

Dingo canary
Feb 10, 2017 - 5:41am

Re How to look at a currency!

Most importantly QE is equivalent to dilution causing - capital raisings. Converting currency to Au/Ag is like a call on the currency (or even a Credit Default Swap - that actually conveys).

Dingo canary
Feb 10, 2017 - 5:41am

Re How to look at a currency!

Most importantly QE is equivalent to dilution causing - capital raisings. Converting currency to Au/Ag is like a call on the currency (or even a Credit Default Swap - that actually conveys).


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