Good Evening,


Due to Zenyatta Ventures (ZEN.V/ZENYF) recent weakness, I wanted to get comments I made in today's premium issue out to everyone (see below). Also, gold and mining stocks are breaking out above critical 50 dma's and I have been a buyer of GDXJ, New Gold(NGD), Timberline Resources(TLR), Patriot Gold (PGOL), and a number of other quality junior and mid tier gold stocks I cover exclusive to Elite/Premium members. Some of the better performers are up 40% plus in just the last few weeks. This is the January Effect I've been preaching about for the last 2 months becoming reality. The rally off the recent retest of the 32 month/82% decline in junior mining shares per GDXJ performance, may be done or at least is pausing for what should be an extended rally. After a successful retest of lows in December in the face of extreme tax loss selling, mining stocks can rally heavily over the next 3-5 months. Larger mid tier type stocks like NGD commonly will see a 50% plus bounce off extended bear market low levels and some quality juniors may triple in that same time frame.

I will be sending a free E letter with excerpts from our premium issue data this week and some new comments as the week goes on. Zenyatta comments here sans our chart:

ZENYATTA VENTURES

Zenyatta (ZEN.V/ZENYF) has lost its luster of late in terms of trading action. Fundamentally, the company has never been a stronger story but technically....the stock looks vulnerable to further declines. I have no qualms about the long and even intermediate term potential of ZEN but short term I think we may go lower before we go higher. My biggest concern for weeks now has been the seeming head and shoulders pattern forming on the weekly chart:

That said, I think a move lower short term will be an excellent buying opportunity. We should see support in the $1.55-$1.65 level on ZEN.V and as long as the neck line holds the damage should be limited from here. Also, I think the vulnerability on the chart and likely on the company news front only has about a 2 week window. Then, ZEN will begin a fresh marketing initiative to institutional investors with a 43-101 in hand. Efforts were bumped due to the holidays but I believe the reception with a more sophisticated and larger type investor will be seen with new buying in the market. My suggestion is to anticipate more weakness this week and look to buy shares in the $1.60-$1.65 range or lower if we see it. Obviously, I have moved SHPR/CDU to the front of the pack the past couple of months for good reasons but Zenyatta will see another day in the sun.

Their Albany graphite deposit is just too valuable for it not to ultimately be reflected in the share price. The PEA is 90 days away and I think will show ridiculously profitable economics on the future mine. I still believe Zenyatta will be bought out in 2014 and possibly even before the PEA is released. Buy Zen on weakness.

Best,

Eric Muschinski

GLTA, Inca.