Marin Katusa’s brand new newsletter; which “tiny gold company” is mentioned?
by chrizcringle | July 7, 2016 6:33 am
Marin Katusa[1], which is a well-known guy around the resource industry, has recently started a newsletter called Katusaβs Resource Opportunities (this week, so it’s pretty fresh).
Do anybody know of which gold[2] company he is refrering to in this link? https://katusaresearch.com/katusa-core-kro/?mc_cid=67cc7143e6&mc_eid=3e2bf87746[3]
-Chris, Norway
Endnotes:
- Marin Katusa: https://www.stockgumshoe.com/tag/marin-katusa/
- gold: https://www.stockgumshoe.com/tag/gold/
- https://katusaresearch.com/katusa-core-kro/?mc_cid=67cc7143e6&mc_eid=3e2bf87746: https://katusaresearch.com/katusa-core-kro/?mc_cid=67cc7143e6&mc_eid=3e2bf87746
Source URL: https://www.stockgumshoe.com/2016/07/microblog-marin-katusas-brand-new-newsletter-which-tiny-gold-company-is-mentioned/
Well, the closes for me was MAX, but I don’t think it’s “the one” anyways π Too little movement.
I have to point another stock he mentioned in the article of Marin Katusa (and past gains of 4000% + ) and has had some insane movement just before the release and the last weeks. The company is called PROPHECY DEVELOPMENT CORP (PCY) and is in the coal industry, but this is not the reason why I bought it some time ago. It has some INSANE silver grade! I’ve personaly been in the nearby silver-mines in Potosi (Bolivia) and that was one time the richest silver-producing city in the world. That’s why I think the vein that PCY owns could also be of high value, and they bought the product amazingly cheap some years back. I still think the stock is dirt-cheap after the almost 200% gain. They are just about to start production, and I believe after this is released the stock will explode again.
After Reading the following , I would be leery of subscribing to Katusa’s “Expensive” newsletter especially with NO REFUND OFFER,
“For those of you considering the potential benefits of subscribing to Marin Katusa’s new “Katusa Research” vehicle*, please consider the principle reason he’s not staying with Casey Research. When Frank Porter Stansberry and Doug Casey agreed to merge their companies (Stansberry majority owner, Casey now minority), one of the Stansberry stipulations on the deal is that analysts at his shop cannot own or trade the stocks they cover. That’s been a house rule at Stansberry Research ever since he was whacked by the SEC and that’s fair enough.
All the Casey people agreed to that, all except Marin Katusa. That’s because he’s still addicted to buying positions quietly and then selling his own shares for blackhat profits just after he pumps them to his sheep-like subscribers. He could get away with his scumbag ways at Casey, but no longer. Therefore he’s decided to set up on his own.”
GGswift- please read all the prior comments noted above. This point was already made and responded to.
The source of this statement is unknown and the internet is a wide open place.
There have been many times that newsletter writers have owned stocks they write about. It is not illegal nor unethical as long as you know about it.
Disclosure is the key. In the wild wild west of junior miners it is not all bad to buy the stocks that writers like this own.
Doesn’t matter to me if he makes more money than me as long as they are winners.
That’s why you take “free rides” and use trailing stops.
I do not subscribe to his service but remember he is no Johnny come lately.
His rep is good till now to the best of my knowledge.
Hedy the bottom line is will the newsletter make money for the subscribers. Any one can pick out previous wins , but will this “NEW” Publication make money ? There is no recent record of success.
It is really irrelevant to me if the author of the publication makes money personally , BUT if he recommends a stock and then sells quickly after the recommendation , taking a profit and leaving the subscribers with large losses ………. that to me is not ethical!
Question do you know Mr Katusa , or are you in anyway affiliated with the publication?
Absolutely not. However he worked for them along time and was/is a recognized “authority ” on these kinds of companies. If they go up after he recommends them it is up to you to protect your profits.
I do have a Stansberry subscription and have for about 10 years.
If you google him you will find a Streetwise interview of him from October of last year.
Very revealing and no doubt includes some of his current picks.
Gold and Silver continue their modest decline.
IMHO you should take some money off tbe table if you have not already.
Personally I have sold some, halved some and bought some hedges. Had a big run up and need to protect. Keeping a lot of powder dry to reenter.
HEDY1234 and ALL, may you please provide links if applicable and available. Thank you in advance, Ben
I too have taken profits and have decided to see how far this pullback goes before re-entering. Rick Rule has stated that he is near term bearish/long term bullish on gold. This recent run-up has been amazing but a little too hot to last in the near term I think. I am still somewhat new to investing in mining stocks and thought I would share some info that I recently found. There are tons of gold stock promotions right now so I would enter this market with extreme caution and lots of research.
This article is worth reading. https://www.occrp.org/en/investigations/283-mining-stock-fraud-an-old-trick-that-still-works
And I recently watched the new documentary called Clinton Cash which I highly recommend. Interesting to hear some of the big mining and oil names mentioned such as Lucas Lundin. Pertaining to my above link, watch this one minute section if nothing else starting at 38:09 – 39:10 https://www.youtube.com/watch?v=7LYRUOd_QoM
Be careful out there!
I am too very cautious at the moment, but have around 15% of my portfolio in silver/gold-mining stocks. Just bought NAK (Northern Dynasty Minerals) because I know that Frank Curzio was visiting their area this last friday, and think he will probably promote them in his podcast this week or next week (most likely next week). Since it’s pretty much beaten down I think it will benefit me short term, and maybe I’ll hold on to them long term also. Just a small tip π
Yes, I’m pretty sure you are correct about NAK being the project Frank is referring to. At least that’s what I was thinking… I believe the stock is still trading quite a bit above the recommended buy up to price however. That one looks fantastic if they can get over the regulatory hurdles.
Welcome mynameisjonas and Chrizcringle and ALL to Stockgumshoe.com π The Best Individual Investor site on the plantet. π You may find these links invaluable in your investing journey: http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ and Precious Metals investors: http://www.stockgumshoe.com/2016/06/microblog-gold-bull-investments-for-the-next-leg-upjune-2016/ Best2ALL – Benjammin’
Thanks for the info:)
Thanks a bunch, Sogiam! π
I was right about Frank Curzio’s promotion on one of his last podcasts (It’s in episode 435 here http://www.frankcurzio.com/archives/ )
Norhtern Dynasty Minerals (NAK) is also currently, or about to be very soon, promoted by Marin Katusa and Doug Casey. I’ve secured myself som options and a small position just in case, and I’m already up almost 50% π
Found this information about 2 stocks supposedly commented on by Marin Katusa
GGTCF https://www.futuremoneytrends.com/insider Chart: http://schrts.co/rbVYkR
ABNAF ABNAF http://www.barchart.com/interactive_charts/stocks/ ABNAF FACT SHEET: http://www.abenresources.com/i/pdf/f…-july-2016.pdf
Marin Katusa: An internet poster’s analysis of Marin Katusa’s Position in ABNAF
–He is a strong believer in the company–and he owns 9% of the company.
–He is a very happy shareholder–and has no interest in selling at this time–still developing the value of ABNAF
The news out regarding the Yukon is very positive…I also understand a big name or 2 is going to join the company
Take It For What It Is Worth, BOTH Highly speculative stocks !
It colud be MX or gum
Interesting; I have never heard of GUM, but will check it out. Have you taken notice of that Katusa is mentioning GUM somewhere?
See link below
https://www.aumtn.com/news/
Wow; GUM it is! π Then both Doug Casey and Rick Rule is involved with Katusa. Interesting! I will wait for a pullback (hopefully) short-term and then enter a position most likely. Thanks for the replies.
Also check out; Redzone Resources TSX-V: REZ and Skyharbor Resources (TSX-V: SYH) . Looks like Marin participated in those private placements as well. (Late June early July)
Amazing work, dcdz! Can I ask how you managed to spot these findings/placements? Did you just put in “KCR FUND” in google? π
All 3 of them look very interesting (especially GUM and SYH). What’s your take on them?
How do you know it is GUM?
I am interested in this report, but it is quite expensive.
I’ve followed Marin for close to a decade when nobody knew about him. When I was a Casey subscriber his articles were the only ones of real value to me. When he quit I let my sub expire. He is still a very good friend of Casey’s, they visited the latest gold pick you guys are wondering about. And it is NDM. Yes Marin has ownership in his picks, which to me is a big plus. Why would I want to someone who doesn’t follow their own hot air? If he has a stake in something, I know that he stands to lose if he’s wrong. His picks have been solid even before he started his own research firm. I’ve been waiting for a long time for it as I’ve lost interest in most other letters and I’ve had Sovereign Man, 4th Pillar, Casey, and considered many others. I almost bit at Altucher’s new offer, but he lacks discipline and is just following the recommendations of others. Marin makes the picks himself.
I’d also say that NDM is one of his riskier picks. He explains this well and its because of the legal sinkhole that NDM is stuck in. He believes odds are decent that it’ll resolve. I don’t. NDM has been stuck for close to a decade and I don’t see it changing.
NDM had a very nice run though, even if nothing has changed on the legal side of things.
Cambodia. A place to be?
First commercial gold mine to start operating this year.
Mesco estimates there are 500,000 ounces of gold in the ground with potential for more.
Angkor Gold http://www.angkorgold.ca/ ANK.V to earn a royalty of up to 8% on Meso’s production.
In an area close to the Mesco project, Angkor has assayed rocks that show a concentration of up to 58.4 grams per ton of soil.
Angkor owns licenses totaling 1,448 kmΒ²
http://www.theepochtimes.com/n3/1273715-canadian-mining-company-social-star-in-cambodia/
http://thomcalandra.com/good-will-mining/
My apologies. Above post is not relevant to Katusa. Had meant to post it inβGoldβs Next Bull Run? What to buy?β
No worries π I didn’t fully understand why you posted it here at first, but since It’s in the same industry it doesn’t matter π
ANK.V from the pictures β¦β¦.the mine looks basically like a hole in the ground with a few liars on top.
Better to take your hard earned money and make some real coin with SVMLF
Check out a comparison chart: http://www.barchart.com/interactive_charts/stocks/ANK.VN The βFLAT LINEβ is ANK,V and the other line represents SVMLF Simple to see where your money will work better for you!
ANK.V from the pictures …….the mines looks basically like a hole in the ground with a few liars on top.
Better to take your hard earned money and make some real coin with SVMLF
Check out a comparison chart: http://www.barchart.com/interactive_charts/stocks/ANK.VN The “FLAT LINE” is ANK,V and the other line represents SVMLF Simple to see where your money will work better for you!
I have been with Casey Research and Katusa since 2010 and even subscribed to their Casey’s Club Service which was the pricey $10,000 one time fee service.
I have a few points about Casey and Katusa.
1. Casey and Katusa deal with very thinly traded junior stocks which can move up or down with a few thousand dollars worth of trades.
2. Katusa gets into these stocks heavily owning 10% of the company, and holds it for a long time. He also goes on the air and tells people to buy these stocks. His latest pump is Brazil Resources. Note how the stock zoomed after he recommended on a popular channel. Google “Marin Katusa interviews”, and check the BRI graph. By the way BRI has been renamed to GOLD.
3. Katusa does not speak facts when he promotes himself. For example, he said that he made his subscribers a ton of $$ in Africa Oil (AOI), when he actually told us to sell it, just before he took off. Perhaps, he made money in AOI for himself, but not for subscribers.
4. Casey does the same thing, essentially, using his newsletter to turn his positions onto his subscribers (methinks!). His latest case was when he peddled homes for $300,000 in his ranch called the Le Estancia Cafayette in Salta Province in Argentina. People who believed him bought the homes in the poorest province in Argentina where Dengue and Yellow fever and poverty is rampant. He purchased land probably for $1 an acre and sold it after construction costs at an enormous profit to suckers of the Casey group. Then he quietly sold his stake to the Ramiro family (read FerFal on La Estancia Cafayette available on the web) while his investors are holding worthless land paid at prime prices. For me, selling worthless land for $300,000 a pop promising fine wine, great steak and polo is a scam. It would have been okay if he sold it for $100,000 which is still expensive in a remote location where land is available for a few $$$ per acre which takes 4 hours to reach the nearest airport and with 0 emergency medical facilities. This tells you the character of the Casey group.
5. Casey research has been telling subscribers to short the dollar, to short the DOW index, to buy gold. As you know all 3 outcomes have produced disastrous results for their subscribers.
6. The fact that Katusa Research has to HARDSELL themselves – proves my point. If they were trustworthy and made money for their subscribers, there would be no need to hard sell.
7. Katusa is pulling of a scam by offering a pricey publication with zero refund and with a possibility of turning in his large illiquid positions to his subscribers is a Casey style tactic.
8. Katusa has made perception for himself by constantly repeating, “I’m a mathematician.”, “I’m a self made rich smart investor”. When you constantly speak a half lie all the time, it becomes perceived as the truth.
9. Casey has done the same thing for himself by shouting from the rooftops he’s a gold guru, an emerging markets guru and he knows the government isn’t to be trusted. By the way all these are half truths. And Katusa has learned this from Casey.
10. Casey had 2 big moments in his life. One in South Africa, when as a broker, his client told him to buy Gold junior stocks in the late 1970s gold bear market but did not take delivery, leaving poor Casey with the toxic positions which Casey had no choice but to hold onto. Shortly thereafter gold surged to $800/oz in in 1980 leaving 1000%s of percent of gains which came out of sheer luck for Casey. Thereafter Casey thought Gold is the best thing in life, and he wrote some book after that which became a best seller.
Second, when he was in Rhodesia during the civil war and the owner of this palace restaurant offered to sell him the entire palace restaurant along with all furniture and cutlery for a measly $50,000 which he recommended to his subscribers in his newsletter (the first issue of Casey newsletter), in 4 years this palace restaurant sold for $1.5 million dollars. Casey didn’t participate in the deal because there was gunfire going on at the time and he didn’t know any better. La Estancia Cafayete is a remaking for Casey who wanted to get 1000% returns, but turned out to be a sour dream for his investors, even though he cashed out himself.
11. Casey, Louis James and Katusa can be labelled as guru marketers, incompetent analysts, and deal only with illiquid securities so that they can offload their positions onto their subscribers. I would not believe Casey if he said he has a policy not to participate in stocks they recommend in their newsletter. Who knows if Casey buys it through a vehicle and a broker in Switzerland and Panama and the company register shows the shares in broker’s name. You’ll never know.
12. Subscribing to Casey’s thoughts and recommendations lost me vital investment years from 2011 onwards. These people don’t know what they are doing or recommending themselves and are out there to make an unethical buck against subscribers or people who listen to them.