The easiest way to make money in junior mining plays

If it looks like a duck, and quacks like a duck, we have at least 

to consider the possibility that we have a small aquatic 

bird of the family anatidae on our hands.

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Following on from our well-received and hit-popular post on Friday that explained the easiest way to make money in the oil & gas junior sector, IKN proudly presents its sibling post. So to the content and the easiest way to make money in junior mining plays...

...isn't to study all the charts out there, looking for advantages in RSIs and bollybands and suchlike on hundreds upon hundreds of potential plays.

It isn't doing deep DD fundamental analysis about the companies and knowing more than the next guy about what dozens of companies are doing and where they're going at any given moment.

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It isn't about being expert on rocks, geology, metallurgy, grades, strip rates, mining operations and all those type of things.
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Nope, there's a much easier way of making money in junior mining companies. All you have to do is know when Pierre Lassonde is appearing next on King World News

Y'see, by some weird coincidence, every time "Lucky Pierre" is invited on the King World News talkshow he mentions Olivut Resources (OLV.v), a junior exploration company that has a very significant percentage of its shares held by....wait for it.....roll on the drums....yes you've guessed already haven't you...Pierre Lassonde! 

And not only that, but the cooing and warmfuzzy sounds that come out of Eric King's mouth when Lucky Pierre mentions how wonderful OLV.v is may even have something to so with the fact that Eric is an OLV.v shareholder too. Strange that, innit?

Just because people are rich, it doesn't mean they're above running their own scummy sideshows. So watch the listings for KWN and get ready to make yourself some moolah on the back of these hucksters

Olivut Resources (OLV.v): Total Brass Neck News Release of the Week Award Winner

This NR just out from Olivut Resources (OLV.v):

"TORONTO, Nov. 17 /CNW/ - Olivut Resources Ltd. ("Olivut" or the "Company" - TSX-V:OLV) reports that there is no material information or change in operations to account for current stock market activity."

Oh how freakin' innocent we are! Oh we had absolutely no idea at all that the guy who owns 20% of our company was about to appear on the high-traffic investor radio show of King World News and promo our stock to the masses! It's totally unrelated and a sheer coincidence that the show's host owns 1% of the company too! And of course it's sheer coincidence that "Lucky" Pierre Lassonde has appeared four times on the King World News show in 2010, pumped OLV.v every single time and seen big upmoves in the share price and volume on every single occasion (as pointed out with this post and this chart this morning).

But those over at OLV just go for how "...there is no material information or change in operations to account for current stock market activity."

GET THE FUCK OUTTA HERE!

The Canadian capital markets deserve every inch of their disgusting, corrupt, scambag reputation.

ALBERTA SECURITIES COMMISSION, WHERE ARE YOU?

Lucky Pierre

One of the nicest (and most unexpected) bonuses of running this humble corner of cyberspace has been the contacts made with many and varied smart readers. For example reader 'MP' who wrote in today with this:

Lucky Pierre Lassonde was interviewed by Eric King on the following days over the past 6 months.

February 13, 2010
May 26 and 29, 2010
August 4, 2010

Now have a look at the YTD OLV.V chart.

For those who don't know King World News is a radio program run by Eric King, covers metals, resource stocks and issues and is a favoured place on the dial for all the tinfoilhat brigade, too. So being a good little boy I did just what MP told me to do and here's that chart.

Interesting, no? Those two previous big jumps exactly coincide with Lassonde's appearances on the King World Pump show. And so today, August 4th, Lassonde again appears on the Eric King show and yup, OLV.v is up 18.64% on 3X volumes. Are these facts perchance related, Pierre?

Oh, and then there's this, from the latest Management Information Circular for Olivut (OLV.v)

Pierre Lassonde holds an aggregate of 5,225,571 Common Shares and 269,286 Warrants, which represent a total of 5,494,857 or approximately 15.95% of all the issued and outstanding Common Shares, assuming the exercise of the Warrants.

Cue Owly: