Ann: Change of Director's Interest Notices, page-7

All humans are susceptible to greed. Common sense dictates that if the directors believed that there was a significant upside trigger just weeks into the future that they would find the cash to at least exercise some of those options. The fact is that they have issued themselves so many options that they see no need to exercise even a partial amount of these expiring options. We have directors that obviously do not feel the need to dig into their own pockets and put their money where their mouths are. We do however have one Red Metals director who is not a director of MMA who has put his money where his mouth is and holds over 8% of MMA.

I sold most of my MMA just after Crescat exited and put the money into RDM and have the balance listed on the sell side as of yesterday. I exited 75% of my portfolio yesterday but maintained 45% of my original holdings in one silver stock and RDM. RDM, because i still maintain some upside to MMA plus all of their other projects and the silver stock, just in case silver manages to breakout above $33.

My subscription service sent out an alert to liquidate PM stock positions last Thursday night. They work on cycles and gold is 35wks into this current intermediate cycle and rallying in what could be the last daily cycle of this intermediate cycle. He sees a potential of $3,600 but the risks outweigh the rewards. He would turn bullish if silver breaks above and closed above $33, but is only recommending SLV leaps if that was to occur because any breakouts this late in a daily cycle which is completing the intermediate cycle is expected to be short lived, but he did have a target of $37-$40 for silver if it could have broken $33 early last week. The cartel appears to have stopped silvers run. The cartel is obviously operating with full US govt authority, otherwise they would all be behind bars. But once this intermediate correction completes, the expectation is that silver will significantly outperform gold in the next cycle.