Value Microcaps Junior Miners

[goldenpolarbear]

”...KERR MINES INC. (OTCQB:-KERMF) GOLD RUNNER!! ON-FULL-ALERT-MONDAY!

MY HUGE NEW PICK IS KERR MINES INC. (OTCQB: KERMF) GOLD RUNNER!!
KERMF is sitting on $5,065,452 in cash!

http://financeregistrar.com/new-alert-is/

KERMF management team full of some BIG players.
KERMF already drilling on their flagship property.
KERMF rasing alot of Capital Fast
KERMF lots of cash: $5,065,452 in the treasury

Good Afternoon Traders,

We have something BIG for tomorrow!

My Huge New Pick is Kerr Mines Inc. (OTCQB: KERMF)

Currently at $0.244 KERMF has been moving steadily higher over the past few months from well under a dime to recent highs over $0.30 a share. After some consolidation KERMF has been on the rise again and we are all over it.

KERMF is at the right place at the right time! Gold prices have recovered from just around $1,120 to over $1,360 an ounce since December 2016….with a small pullback in Gold we’re strategically positioning our subscribers with a low entry point!

Kerr Mines Inc. (KERMF) is a gold development and exploration company that is the sole owner of the past producing Copperstone Mine project located in the mining-friendly state of Arizona. Located along the Walker Lane mineral belt, KERMF Copperstone Mine is a high-grade gold project stretched across 12,000 acres that produced over 500,000 ounces of gold between 1987-1993 until the mine reached its economic limit; leaving behind existing underground workings such as power and water distribution systems, tailings storage facility, and surface buildings including an assay lab.

KERMF Chairman, Fahad Al Tamimi was previously President and CEO of SaudConsult, the largest engineering firm in Saudi Arabia responsible for many large infrastructure and construction projects in the country. He was also a 50% partner of Worley Parsons Arabia, which undertook a mining project worth over $5 billion in Saudi Arabia.

“... Are we on the cusp of yet another rise in geo-political risk in the Middle East?

It looks that way, and the implications for global markets could be massive.

There are some major issues going down in Saudi Arabia right now. About a week ago, Crown Prince Mohammad bin Salman ordered the arrest of some of the most powerful ministers and princes in the country.

Mohammad bin Salman, or ‘MBS’ as he is known, is the son of the 83-year-old Saudi King Salman. He is the architect behind the Vision 2030 project, a hugely ambitious plan to develop the Saudi economy and move it away from its dependency on oil.

Part of that plan is to sell 5% of the state owned oil company, Saudi Aramco, for around US $100 billion.

Just a few weeks ago, the Ritz Carlton in Riyadh hosted some of the world’s top bankers and finance types, as MBS sold his vision for a modern Saudi Arabia.

Soon after they left, the Ritz Carlton ‘hosted’ hundreds of Saudi elite, arrested on corruption charges by MBS, who many expect to soon be the King.

Saudi Arabia has an extremely complex ruling system. I don’t pretend to understand it. But it’s potentially in a very fragile state right now.

The arrests that MBS recently ordered go all the way to the top of the business elite and the royal family itself. Alwaleed bin Talal is perhaps the biggest scalp. He is the grandson of Ibn Saud, the modern founder of Saudi Arabia, and perhaps the richest man in the Kingdom.

There’s no doubt there will be backlash.

MBS is trying to send a message that if the Saudi state wants to modernise and move away from oil dependency, it must move away from endemic corruption, and away from the perception that corruption exists on a grand scale.

The country is a relatively young one. MBS is therefore betting on social support for his reforms and crackdown on the elites who benefit most from the Saudi social structure.
...”

https://www.moneymorning.com.au/20171113/oil-likely-rise-middle-east-simmers.html