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As you can see, the market has been running and now it's pulled back. Nothing goes up forever; a correction is healthy and the last two weeks have given investors a chance to take a step back and breathe. Experienced investors know that the underlying fundamentals behind the junior mining markets remain strong. Near zero and negative interest rates will continue to support the price of gold. Its consolidation above USD $1,300 is a great sign. The gains we have seen to date come off the backdrop of a brutal 5-year bear market, still leaving tons of upside. Plus, TSX Venture investors are notorious for reinvesting their winnings… and then some. We expect more big winners this fall. A deal we took public in 2014, OrganiGram (TSX.V: OGI), at a CAD $35 m market cap is now trading well north of a $120 m valuation. Sector fundamentals continue to improve and with legalization on the horizon we have decided to invest in a second Licensed Producer, Emblem Corp. The recent Private Placement was done at a CAD $22.4 m pre-money valuation, a significant discount to its competitors. Emblem CEO John Stewart was responsible for bringing 11 pharmaceutical brands to market including OxyContin, when he ran Purdue Pharmaceuticals, one of the world's largest privately held pharmaceutical companies. It is backed by a trusted associate of ours with a lot of financial horsepower and enthusiasm for the business. We believe Emblem Corp. will be a winner this October when it comes to trade. I sent out a note regarding Emblem earlier this month – congratulations to those who seized this opportunity. Millennial Lithium (TSX.V: ML), a name we recently brought to your attention, has successfully closed off on a CAD $4.75 m Strategic PP, which our network was involved in. Millennial has brought on Salta based Iain Scarr to run project development in Argentina. Iain was responsible for bringing the Sal de Vida lithium Brine project in Argentina through feasibility with Lithium One, which was acquired by Galaxy Resources. Following Galaxy, Iain completed the definitive feasibility on the Rincon project with the Enirgi Group. Technical expertise like this is hard to come by in a time where everyone is chasing Lithium in Argentina. Millennial is now trading at a CAD $1.57, or a $41 m market cap, which is a significant discount to its competitors. With positive catalysts, we believe a $2.50 share price is achievable in the short-term. Some other housekeeping issues: Golden Predator Resources (TSX.V: GPY) which we introduced at $0.35 in May has just closed a $16 m placement with a $7.3 m lead order from Eric Sprott. Last trading at $0.93, they have had some very encouraging news from their 3 Aces Project including visible gold. Neo Lithium (TSX.V: NLC) is holding at $1.50 and is set to test how big their high grade 3Q deposit really is. With the market watching, there could be a speculative run-up when the drills start turning in the coming months. Justus Parmar : The Parmar Group : The Parmar Group : The Parmar Group O: 604 304 4086 The information and recommendations made available here ("Information") by The Parmar Group and/or all affiliates is for informational purposes only and not to be used or construed as an offer to sell or a solicitation of an offer to buy any services or securities. You further agree that The Parmar Group will not be liable for any losses or liabilities that may be occasioned as a result of the information or commentary provided in the letter. By accessing our site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions set out herein. If you do not accept and agree to the terms, you should not use this site or accept this email. The Parmar Group is not registered as an adviser under the securities legislation of any jurisdiction of Canada and provides the Information pursuant to an exemption from the registration requirements that is available in respect of generic advice. The recommendations contained on the site and in this email are not tailored to the needs of particular persons and may not be appropriate for you depending on your financial position or investment goals or needs. You should apply your own judgment in making any use of the Information, especially as the basis for any investment decision. Prior to making any investment decision, we recommend that you seek outside advice from a qualified and registered investment advisor. In no event will The Parmar Group be responsible or liable to you or any other party for any damages of any kind arising out of or relating to the use of, misuse of or inability to use this site and email. The Information is directed only at persons resident in Canada. Nothing in this site shall constitute an offer or solicitation to anyone in the United States of America or any jurisdiction where such offer or solicitation is not authorized or to any person to whom it is unlawful to make such a solicitation. If you choose to access this site or email from outside of Canada, you acknowledge that the Information is intended for use by persons resident in Canada only. This is not an investment advisory, and should not be used to make investment decisions. Information from The Parmar Group is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The Parmar group, Justus Parmar and certain employees and principals of The Parmar Group may have positions in the stocks discussed above and may trade in the stocks mentioned. The Parmar group, Justus Parmar and certain employees and principals of the Parmar group are also shareholders and investors in Millennial Lithium Corp. and have been paid a fee as advisor or consultant to the company. Don't consider buying or selling any stock without conducting your own due diligence. Copyright © 2016 The Parmar Group, All rights reserved. You are receiving this email because you are part of The Parmar Group email subscription.