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The MUX seems to respect the Canadian Dollar charge slightly better MUX-in-CAD ... update / Last: C$3.18.H: C$3.21 ... MUX-in-USD: US$2.42 ... CAD=$0.760 MUX.t touched the 377d-MA (C$3.22 = US$2.45), and may soon breakout to the 610d-MA (about C$3.50 = US$2.66)

GAIA_TV : what's happening Wilcock resigned. Other employees unhappy & organizing (GEM = Gaia Employee Movement) GAIA TV IMPLODING, What's Next? Part 1 July 12th Listening to Patty Greer, I was confused: directed energy weapons, crop circles, plasma vortex? What does this have to do with anything? Is she just promoting her work?? GAIA TV IMPLODING, What's Next? Part 2 July 13th

Hi Kicker. Maybe you can explain more about what PULS are doing. Have you lived in one of their properties? What sort of rents do they charge? Are they building new buildings, or redeveloping older ones? (added, in edit): Philippines Urban Living Solutions | PULS / "My Town" > http://www.urbanlivingsolutions.ph/ Philippines Urban Living Solutions, Inc. (PULS) is a leading owner, developer, and manager of purpose-built young professional housing in the Philippines. PULS opened its first building in 2013 and currently owns and manages five buildings with over 1,000 beds. All buildings are operating under our MyTown rental brand. Catering to an underserved demographic Young professionals as a demographic is relatively new in the Philippines and developed mainly on the back of the boom in the Business Processing Outsourcing (BPO) sector. According to the IT BPO Association of the Philippines (IBPAP), 1.2 million Filipinos were directly employed in the BPO industry at the end of 2015, up from 101,000 in 2004. The infrastructure for this group is still developing and no large-scale facility currently exists to provide quality affordable housing to this demographic. Providing affordable rental housing PULS research shows that most young professionals in the Philippines live in sub-par housing and commute for hours every day. Because of seasonal traffic congestion and increasing structural traffic congestion, this commute is set to worsen. As a result, the market for rental places is growing as it makes sense for people to move closer to their office than go through Manila traffic on a daily basis. PULS Manila Office 1244 Jacinto St., Brgy Guadalupe Nuevo, Makati City

ATLEF vs Hive vs Atlas ... update / BTC all data: 8yr: 3yr: 12mo: 6mo 1mo 10d: 10d 5d / SLV-lv NYXBT : 3yr : 3yr-377d : 1yr : 6mo : CRYPTO---- : BTC &us$ - 07/22- : 05/10- : Bitcoin-- : US-Dollars @7,737 : @9,330 : Cardano-- : .00002372 : $ 0.18 : $ 0.33 : Bitc. cash : 0.10860---- : $0,840.: $1,761 : Ethereum-: 0.06096---- : $ 472.: $0,787 : Litecoin--- : 0.01113---- : $ 086.: $0,169 : Ripple------ : 0.0000601 : $ 0.46.: $ 0.85 : TRON------- : 0.0000047 : $ 0.03.: EOS Token- : 0.001092 : $ 8.45.: crypto mining companies ATLEF vs Hive ... from 1.1.2018 :HIVE 7/20/2018 (vs.6/5): C$0.81 (1.12): RIOT: $5.90 (7.80), ATLEF: $0.12 (0.225) ==

UK's (possible) ACT of WAR against Trump revealed "The Game's a-Foot!" Godslip... the dogs... BIG NEWS... from GHHQ - According to a Letter, Foreigners were asked by Obama & Rice... MP3 : http://media.blubrry.com/rbn/s/content.blubrry.com/rbn/stream_2018-07-23_145949.mp3 UK ASKED TO SURVEIL TRUMP ! = "Project Fulsome" GCHQ boss left in 2017, after Obama ordered Project Fulsome spy ring against Trump Looks like we are starting to discover the true connections to Obama's illegal FISA spy ring against President Trump, where a document from GCHQ was leaked today where Obama ordered the Trump spy ring at GCHQ called Project Fulsome. Now the former boss of GCHQ Robert Hannigan stepped down from the company after Obama ordered Project Fulsome the illegal spy ring against Trump after Obama ordered it. Telegraph UK Reports: Robert Hannigan, the director of GCHQ, has resigned from his job as head of one of the three Government intelligence agencies after just two years. GCHQ would only say that Mr Hannigan had left his post for "personal reasons" and that he was not sacked or subject to disciplinary proceedings. In a letter to the Foreign Secretary Boris Johnson, he hinted that the strain placed on his family by his job had prompted his resignation. Looks like we are starting to discover the true connections to Obama's illegal FISA spy ring against President Trump, where a document from GCHQ was leaked today where Obama ordered the Trump spy ring at GCHQ called Project Fulsome. Now the former boss of GCHQ Robert Hannigan stepped down from the company after Obama ordered Project Fulsome the illegal spy ring against Trump after Obama ordered it. This GCHQ document is very important, because this is likely the connection to the FISA memo that still isn't released...And not only is Obama part of it and the source of the illegal spy ring against Trump has been found but you could probably describe this as an act of war by the United Kingdom. Read more: WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! http://www.whatreallyhappened.com/#ixzz5M7gU7Zvz

The "China Wave" continues - & is flooding several properties in the TechZone area Amenities at Asten Towers. Handover of flats in Asten Tower 2 is underway. You can see comments like this on SSC, as Mainland tenants (who are likely to be most of the "foreigner" tenants) adjust to life in PH, and Filipino tenants adjust to a building dominated by large number from one country, where habits are different: Did you stay in your unit in Tower 1? I was also there last February - March to oversee the renovation of our unit. So far, so good. The amenities are still unavailable though. Majority of the tenants here are foreigners. Everyday, you can see leasing agents with their clients, checking out units for rent. I've nothing against them but these foreigners love to congregate in the lobby especially at night, playing on their mobile phones with their feet on top of the table or the couch. Some of them are even sleeping on the couch. I've already raised this concern with the management. Hopefully they do something about it. > SSC: https://www.skyscrapercity.com/showthread.php?t=1653942&page=8 No doubt, Avida management will get any excesses, or bad habits under control (eventually.) It is interesting to see the impact on the resident mix in the area... + 50% of the tenants at Avida Makati West, are said to be from mainland China (per Avida admin) + "80% of the people living in Belton Place are Chinese", was an estimate I heard from a Belton resident Rents have pushed up too, as the demand remains high. + I was told that P1,000 per sqm is common at Belton Place. Even P18,000 for a 16sqm studio + A new studio unit at Asten (23 sqm) can be rented at P20k bare, or P26-28k Fully furnished to mainland China tenants working for Casino-related businesses + The mainlanders may get a living allowance of P10,000-30,000, depending on their position and the company + Many new workers may initially live in single sex dormitories, but when couples form, they look for their own studio or 1BR units so they can live together. (This could be reasonably common if the estimates I heard that 20-30% of the foreign casino workers are female. And Chinese males may also want a nice private flat to attract local Filipina girlfriends.) Premium for Asten (over Avida Tower San Lorenzo) It used to be true that units at Avida Tower San Lorenzo (down Chino Roces, next to WalterMart), used to rent for a nice premium to Avida Makati West (and also maybe to Asten), because of the much shorter walk to the popular Greenbelt Mall. That is not necessarily true any more. For mainlanders who work in the Techzone building, or in iAcademy or nearby they prefer to live within a short walk, like 5 minutes. This makes it easier to deal with working shifts at odd hours, and also to cope with transport issues when it is raining. Thus, I have seen AT-SanLo rents push up, but not as much as Avida Asten. SanLo recently had a few studios open for rental. And the rents beings suggested for 22 sqm studios were: about 16,000 bare, and P 24,000-26,000 for Fully furnished studios. That's pretty good: about 1,100-1,200 psm for FF, but less than the P26-28,000 expected at Asten. It will be interesting to see if the Asten advantage holds in the future, because there are several new buildings under construction nearby (100 West, San Antonio Residences, One Antonio, and a little further away: The Rise, and Air Residences, which have both topped out now.) There is nothing new under-construction near AT-SanLo.

Molyneux: "The West is the Best" because... "We have Doubt, Humility & Free Speach in our SEARCH for Truth" Stefan Molyneux Great Speech In Melbourne Australia ==

Not Long now - the Shopping mall at Circuit opens soon - next Friday! The official list of tenants for Ayala Malls Circuit (also listed are the existing tenants in Circuit Lane) have been announced INSIDE THE CIRCUIT MALL - before it Opens > MORE: https://www.skyscrapercity.com/showthread.php?t=1905634&page=7 > TENANTS : https://www.skyscrapercity.com/showthread.php?t=1905634&page=8

PH Property Developers are behaving like.... Jabba-the-Hutt, merchant/gangster and Crime-lord What a Wild Statement this is! I Explain more, on these two new threads: > New Efforts to Develop the Secondary Market > The Dilemma of Preselling Buyers (who want to resell)

MUX Test at $2.50-2.55 coming up soon MUX ... update / Last: $2.45 + 0.07

Mueller's Trumped-up, Phony investigation exposed: "Nothing is there" One FBI text message in Russia probe that should alarm every American - John Solomon For any American who wants an answer sooner, there are just five words, among the thousands of suggestive texts Page and Strzok exchanged, that you should read. That passage was transmitted on May 19, 2017. “There’s no big there there,” Strzok texted. The date of the text long has intrigued investigators: It is two days after Deputy Attorney General Rod Rosenstein named special counsel Robert Mueller to oversee an investigation into alleged collusion between Trump and the Russia campaign. Since the text was turned over to Congress, investigators wondered whether it referred to the evidence against the Trump campaign. This month, they finally got the chance to ask. Strzok declined to say — but Page, during a closed-door interview with lawmakers, confirmed in the most pained and contorted way that the message in fact referred to the quality of the Russia case, according to multiple eyewitnesses. The admission is deeply consequential. It means Rosenstein unleashed the most awesome powers of a special counsel to investigate an allegation that the key FBI officials, driving the investigation for 10 months beforehand, did not think was “there.” > More: http://thehill.com/hilltv/rising/397902-opinion-one-fbi-text-message-in-russia-probe-should-alarm-every-american

" Only MACEDA law could protect these people ... theoretically they can claim back 50pct of the investment" I have looked into that... MACEDA Law: AN ACT TO PROVIDE PROTECTION TO BUYERS OF REAL ESTATE ON INSTALLMENT PAYMENTS. "Knowing your rights as purchaser of a real estate property under the Maceda Law, will mean a huge difference. It can mean losing everything you have put in for your investment, or getting at least 50% of it back, when for some reason on your part, you cannot continue with your installment purchase. So in this post, we will discuss the most important points in the Maceda Law that are relevant to a distressed real estate buyer." > MORE: https://philpropertyexpert.com/defaulting-payments-know-your-rights-under-republic-act-6552/ Eight Things You Need to Know about the Maceda Law BY Lamudi (excerpt): 5. Can I sell or assign my rights to the property to another person? Section 5 of RA 6552 stipulates that those buyers covered by Sections 3 and 4 have the right to sell or assign their rights over the property to another person. They may also reinstate the contract if they so choose by updating the account during the given grace period, as provided for in Section 4. This transaction, however, must be made prior to the actual cancellation of the contract. The corresponding deed of sale or assignment must be done by notarial act. > http://www.lamudi.com.ph/journal/eight-things-you-need-to-know-about-the-maceda-law/

" When you sign agreement you let the new buyer pay the CGT if any is or would become due. " That is a negotiating point - since the Seller is technically responsible for the CG tax. The Buyers I know, will look at the Net price to them, and they want a genuine bargain, like 30-40% below Developer's prices. not something just a little cheaper. I don't know a single person who will consider paying over P200k per sqm for a new or new-ish property. In fact, most seem to be targeting Net Prices below P150k per sqm, since you need that to get a sensible Net Yield / 2 / "I am very afraid of the people who have bought late 2016-2017 and now. I am afraid that the option of getting their money back will be slim.' Great point. If we start hearing widespread reports of OFW's and other buyers losing money on their condo purchase, it may CHILL the market in a serious way. In fact, a banker I spoke to just yesterday seemed to be hinted that her bank had seen signs of a downturn starting 3-4 months ago.

You cannot keep a good stock down - even when Gold is weak McEwen Mining (MUX) - etc ... update : MUX alone : Last: $2.38 + 0.05 I own Nov.$1.50 calls

"If the property was worth PHP4Million, and the original buyer has paid up PHP1Million, and he would be able to sell at a 1MIllion profit, - provided he did it himself and avoided expensive middle man" Might have been possible if they bought early enough, like when prices were P 120psm, or something. I don't think it is possible if they buy now, or bought in the last 1-2 years after prices jumped above P150K psm. Also, how do you "avoid expensive middlemen"? How to find buyers without help? (Maybe you are talking about agents selling their own properties) And also, for the Flats I have bought, I don't think it would be possible to escape the capital gains tax. I bought mainly Ayala properties. Maybe it is possible with properties purchased from other developers. But the overwhelming problem now is... Preselling prices are just too high = Buyers cannot earn a decent yield, and there are very fewer investors around who you can Resell to, who will pay these ultra-high prices (unless, somehow, magically? rents can be made to rise.) === Alex, thanks for the clarification on transfer fees

Just the latest Dem Delusion? I woke up this morning wondering how much of this Russia-Putin-Meeting madness had been planned before Trump even got off the airplane in Helsinki They tried so many things: recently it was separating children at the border, and Mad Maxine's call for voilence. The vile & uncivil idiots running the Democratic party are getting increasingly desperate. How is the world worse off if Trump & Putin have a decent personal relationship? Commie Democrat Dick Blumenthal on Russia: ‘We are in a 9/11 National Emergency!’ The hysteria from Democrats over Trump’s meeting with Putin apparently knows no bounds. Before we showed you how Trump has been called ‘treasonous’ and his ridiculous comments were compared to Pearl Harbor and Kristallnacht. Now an admitted liar, Sen. Richard Blumenthal, is saying we are in a 9/11 national emergency because of Russian meddling and we must know what Trump-Putin said to each other in their private meeting! . . . Secondly, I know Trump’s Monday comment in the Putin press conference was stupid (is it?), but to suggest that he’s selling America out by subpoenaing the translator in that meeting is also ridiculous. I know Democrats hate Trump, but this level of paranoia is especially rich considering their favorite president kowtowed to Russia on big policy matters and they didn’t give a damn. Not only did Obama let Putin have Crimea and refused to support the Ukrainians with any lethal force, he also did Putin a big favor and wouldn’t allow NATO to put a missile defense system in Poland. And to top it all off, he even told Medvedev to relay to Putin that he’d have more ‘flexibility’ after his last election to deal with these issues and for Putin just to give him a little space. But there was never any outrage from Democrats or the media about Obama selling out to Russia. == The only difference on this Putin Meeting hysteria, is some Republicans, like Unfit-Mitt, (& foreign dupes like our house troll Sparky) got sucked into the Delusion

Trump won the Free election, & a majority of the Popular vote, if you subtract out votes of Illegals & Dem cheating Hillary's vote-rigging, and press manipulation failed. And her Russians-rigged-it ploy will too. She is one of the most corrupt and vile humans who ever ran for Top office in America. The whole world will know this as her coup attempt & cover-up unravels... more truth is revealed almost every day Rand Paul: ‘The Only People Who We Actually Know Colluded With the Russians Were Hillary Clinton Who Paid a British Agent Who Paid Russians for Information for the Dossier’ VIDEO Rand was on Fox News Wednesday morning clarifying his stance on Russia’s election meddling and the intelligence community. President Trump faced broad outrage over comments he made during the Helsinki, Finland, summit with Russian President Vladimir Putin Monday. Trump was criticized for not being more forceful with the Russian leader and for not backing up U.S. intelligence findings of Russian interference in the 2016 presidential election. Trump clarified his comments in a short statement at the White House on Tuesday. When asked to explain the controversy, Rand said that the president thinks the Muller investigation is “tainted” by partisan Democrats that also colluded with Russia. “The president sees the Mueller investigation. He sees all these accusations from partisan Democrats, Hillary Clinton, saying ‘Oh, he colluded with the Russians,” Rand said. “The only people who we actually know colluded with the Russians were Hillary Clinton who paid a British agent who paid Russians for information for the dossier.” Rand was referring to the infamous unverified Steele dossier compiled by Fusion GPS and paid for by the Clinton campaign. “[Trump] feels like the intelligence community cooked up a political and partisan investigation,” Rand continued, “but also, part of the Mueller investigation is something that should have investigated, and that is: Who hacked into Hillary Clinton’s emails?” Rand concluded, “There is part of the Mueller investigation that is legitimate and part of it that is a partisan attack on the president.” Rand went on to say that he lost faith in the intelligence community after the NSA spying and data collection scandal during the Obama years.

" There are too many cheapskates around. " Maybe there at just NOT ENOUGH buyers - because people with cash want a GOOD deal. Who cares if there are many Low priced Buyers? The sellers can just ignore them... The Sellers are frustrated that Buyers are not stepping up their offers. With Rents under DOWNWARDS pressure in the Mall of Asia / Manila Bay area, why should they pay more? Serious Investors want a decent return, and the Yields are just not interesting, unless you can buy cheap. You say: Sellers are seeking: P 4.3 Million and more. Buyers are advertising: P3.4 Million (or less?) I am wondering: what size unit? What are the Rentals? (in Rent per Sqm) ===== (I did some Re-Search on OLX, and found these units for sale): BREEZE STUDIO /1BR OFFERS RFO Studio - : P6,900K / 22.0 = 313.k psm : Balcony has Makati View RFO Studio - : P6,800K / 22.0 = 309.k psm : 1 BR/ Studio? Balcony, Makati View RFO Studio - : P5,000K / 22.0 = 227.k psm : Balcony has Makati View 1 BR Condo- : P4,600K / 26.0 = 177.k psm : Roxas Blvd Rent to Own : P3,963K / 22.0 = 180.k psm : @ Manila, Roxas Blvd 1 BR Condo- : P3,600K / 27.0 = 133.k psm : @ Manila, Roxas Blvd ===== Obviously any Buyer will just ignore those very high, crazy prices at the Top of this list. Sellers can also just ignore silly lowball bids, unless those are the only bids they see. In the end, Sellers who really-need-to-sell will have to Accept the best bid(s) they can get. Interested Buyers can just sit back and wait, and maybe they will get lower prices later. BREEZE RENTS (examples) 1 BR Rental- : P30,000 / 28.0 = 1,071 psm : FF, Double Deck with Balcony 1 BR Rental- : P28,000 / 28.0 = 1,000 psm : FF, with Balcony 1 BR Rental- : P25,000 / 26.0 = P 962 psm : SemiFurn?, high floor Suppose you are a Cash Buyer, and : Suppose you are a Cash Buyer, and : + Pay: P4million for a 25 sqm property (that's P160K per sqm) + Spend P200,000 getting it decorated and furnished + Rent it out at P1,000 psm = P25,000 a month RETURN, Gross: 7.14% : P25k x12 = P300k / P4200k = 7.14% RETURN, Net-- : 5.74% : P300k -(25 + 24 + 10) = P241k / P4200k = 5.74% ( Assuming: 1mo.comm., P2000 monthly assoc.fees, P10,000 annual prop.tax ) Is Before Income tax on Rental Income, which would likely reduce the Net A/T Return to just under 5%. Nothing too exciting in that return, and it could fall in coming years if rents at Breeze decline. Based on these figures, P4M = P160K psm is a pretty decent offer, not a "cheapskate offer" for a cash buyer. If someone assumes a lower rent (P850K per sqm), and wants a higher Net A/T return (min. 6%), they might offer only P156k psm or less. Minimum of 7% Net Pretax return would mean paying P126k psm or less. 850 x25 = 21.25 x12= P255k -(21.25 +24 +10)= 233.7 /0.06= P3895k -200k= P3,695k/25= P155.6k 850 x25 = 21.25 x12= P255k -(21.25 +24 +10)= 233.7 /0.07= P3339k -200k= P3,139k/25= P125.5k

TUCKER Nails it - in his opening remarks "Trump has been taken hostage.. by the same people who have mis-managed our foreign affairs" "On the Big Issues, Trump is indisputably right!!" Tucker Carlson Tonight Fox News 7/17/18 God bless Tucker, who speaks sense from a big platform

Go Listen to Michael Rivero, 1st Hour, Tuesday's show > MP3 : http://media.blubrry.com/rbn/s/content.blubrry.com/rbn/stream_2018-07-17_145948.mp3 The level of sedition and treason in the news the last 24 hours or so is shocking. I think some of these people ( Brennan for instance, + others) should be rounded up. These guys sound like traitors, who should not be walking around, and calling for a change* in govt. Rivero mentions that "the last president who called for a better relationship with Russia and got excoriated for it was... JFK, just before his assassination. What are these people planning?" === *some even said Trump should be replaced by HELLary, so we should know who is behind this - Lock 'er up!

The Dilemma of Preselling Buyers (who want to resell) "They are NOT finding the Buyers they want..." Are you Ready to Sell? But find no buyers around? Had an interesting discussion last night with a Real Estate agent. He told me that he has several clients who feel trapped, and would like to Finance or Resell their properties. They find they are in a real dilemma. + Those who bought a Preselling Property may have have a contract to pay maybe 20-30-40% during the construction period, and finance the final amount (60-70-80%?) at completion. + Perhaps they were happy to hear about the developer announcing regular prices increases along the way, and thought "oh, great! my property has just gone up in value" (once again perhaps.) Then when the completion approaches, they are thinking of Re-selling to capture that big profit they thought they had made. but they are finding the "High" prices that they were being quoted by the agents are not real - they cannot sell THEIR new property at those prices, + Another similar situation is where an Installment Buyer of a new property may find that bank finance is not be so easy to obtain as they had hoped. Perhaps they have less savings than needed to make the downpayment the bank may require, or maybe their income has changed, and as a result the 70-80% loan the Buyer wants from the bank is not available. Whatever the reason, the owners of a pre-sold property are now finding it difficult to resell... a property that is not yet complete. EXAMPLE: P 4 million Cost (/27= P 148. psm) Suppose a buyer agreed to pay P 4million for 1 BR property, and they see the developer selling "reopened" units at P 6million, and they are thinking it should be easy to resell at P5 million or more. At 5 million, after a 5% commission, and 6% in capital gains taxes - ie P 440k in transaction costs - the owner would have a P 560k, or 14% gain on their original cost. That is not very exciting. Moreover, if they cannot sell at P5 Million, and have to accept a price below P 4.5 Million, they may be stuck with a loss, when they were expecting a big profit. Here's the underlying problem: There are not many Buyers around to purchase those Resale Units (prior to completion.) The banks want a Title within a reasonably short time frame, and there may be further delays before these units are completed, so banks may not provide finance. This would mean that ONLY CASH BUYERS can participate. And those types of buyers may only respond if they see a True bargain. There are not many Buyers around to purchase those Resale Units (prior to completion.)

GLD / Gold vs possible inflation bellwethers : XLE (energy), DBA (grains/food) . update : GBS : 2yr : 6mo : 10d : GLD : turnDate : $-GLD- : $-XLE- ( Pct. ) : $-DBA- ( Pct. ) low - 11/12/08 : $70.00 : $44.60 (63.7 %) : $24.61 (35.2 %) high- 08/22/11 : 184.59 : $62.73 (34.0 %) : $33.30 (18.0 %) low - 12/17/15 : 100.50 : $60.38 (60.1 %) : $20.17 (20.1 %) high- 04/11/18 : 128.11 : $70.64 (55.1 %) : $18.90 (14.8 %) XLE start 02/24/05 : $43.33 : $43.11 (99.5 %) : --N/A- (NA.0 %) high- 05/20/08 : $90.90 : $90.39 (99.4 %) : $36.30 (39.9 %) low - 03/05/09 : $91.99 : $38.37 (41.7 %) : $23.02 (25.0 %) high- 06/23/14 : 126.85 : 101.29 (79.9 %) : $27.80 (21.9 %) low - 01/20/16 : 105.37 : $51.77 (49.1 %) : $19.79 (18.8 %) high- 05/21/18 : 122.48 : $78.91 (64.4 %) : $18.99 (15.5 %) Ratio : XLE-to-GLD Ratio : DBA-to-GLD ==

GLD / Gold vs possible inflation bellwethers : XLE (energy), DBA (grains/food) . update : from 2008: 2yr : 6mo : 10d : sep.2022 update GLD : turnDate : $-GLD- : $-XLE- ( Pct. ) : $-DBA- ( Pct. ) low - 11/12/08 : $70.00 : $44.60 (63.7 %) : $24.61 (35.2 %) high- 08/22/11 : 184.59 : $62.73 (34.0 %) : $33.30 (18.0 %) low - 12/17/15 : 100.50 : $60.38 (60.1 %) : $20.17 (20.1 %) high- 04/11/18 : 128.11 : $70.64 (55.1 %) : $18.90 (14.8 %) XLE start 02/24/05 : $43.33 : $43.11 (99.5 %) : --N/A- (NA.0 %) high- 05/20/08 : $90.90 : $90.39 (99.4 %) : $36.30 (39.9 %) low - 03/05/09 : $91.99 : $38.37 (41.7 %) : $23.02 (25.0 %) high- 06/23/14 : 126.85 : 101.29 (79.9 %) : $27.80 (21.9 %) low - 01/20/16 : 105.37 : $51.77 (49.1 %) : $19.79 (18.8 %) high- 05/21/18 : 122.48 : $78.91 (64.4 %) : $18.99 (15.5 %) Ratio : XLE-to-GLD Ratio : DBA-to-GLD ==

RZZ / Abitbi near record highs (despite weak Gold prices) RZZ (and GZZ too! which I own) are Massively outperforming GLD / Gold and GDXJ RZZ - etc ... From Beg.2015 : with GZZ.v : GZZ.v: C$0.29 +125%, AEM: $45.52 +65%, GDXJ: $32.53 +62%, GLD: $117.61 +0%, AUY: $2.91 -27% RZZ-etc w/ GZZ.v ... from Beg. 2016 : RZZ was up 6.3% (+C$0.62) on Friday on relatively "high" volume: 29,256+ shares x $10.44 = C$305.2k The ratio continues to slide, staying under a Downtrend : GZZ/RZZ: 0.29/10.44= 2.78%

RZZ adding to its Malartic-area Royalties Abitibi Royalties Acquires Additional Royalties East & South of the Canadian Malartic Mine VAL-D’OR, Québec, July 09, 2018 (GLOBE NEWSWIRE) -- AbitibiRoyalties Inc. (TSX-V:RZZ) (OTC-Nasdaq Intl:ATBYF) (“Abitibi Royalties” or the “Company”) announces that it has entered into an agreement with an arm’s length, third party seller, in order to acquire a 1.5% net smelter royalty (“NSR”) located east and south of the Canadian Malartic Mine in Québec (Fig. 1, 2 & 3),on an area known as the Midway Project. Midway is owned and operated by the Canadian Malartic Mine, a partnership between Agnico Eagle Mines (“Agnico Eagle”) and Yamana Gold (“Yamana”), which acquired the project in 2016. The purchase price paid by the Company for the NSR royalty totals US$575,000 (CDN$752,000), which was paid in cash and from treasury. The NSR covers Shaft 1 of the formerly producing Malartic Goldfields Mine, which operated from 1939 to 1965, to a depth of approximately 800 metres below surface (Fig. 1). The Malartic Goldfields Mine produced approximately 1.7 million ounces of gold (A breakdown of the gold production covered by the Company’s 1.5% NSR is unknown. Please see the Technical Report link below for an overview of Malartic Goldfields historical production). A decline ramp into the near surface zones, believed to be covered by the Company’s NSR, was most recently advanced up until 2010. > http://crweworld.com/article/news-provided-by-globenewswire/728961/abitibi-royalties-acquires-additional-royalties-east-south-of-the-canadian-malartic-mine / 2 / Abitibi Royalties Continues to Expand Royalty Holdings Around Key Mines & Discoveries in Abitibi Region VAL-D’OR, Québec, July 11, 2018 (GLOBE NEWSWIRE) -- Abitibi Royalties Inc. (TSX-V:RZZ) (OTC-Nasdaq Intl:ATBYF) (“Abitibi Royalties” or the “Company”) announces that it has entered into an agreement with an arm’s length, third party seller, in order to acquire various 1.5% net smelter royalties (“NSR”) on projects owned by Agnico Eagle Mines Limited (“Agnico Eagle”) throughout the Abitibi region in Québec (Fig. 1, 2 & 3). These projects include 1) Callahan (6.5 km northeast and northwest of the Canadian Malartic Mine and Goldex Mine and 1.5 km north of the Wesdome’s Kiena Deep discovery), 2) Cadillac (part of the LaRonde Mine), 3) Thompson River (part of the Goldex Mine) and 4) Malartic Break (6 km northwest of the Canadian Malartic Mine). The purchase price paid by the Company for the NSR royalties totals US$575,000 (CDN$755,000), which was paid in cash and from treasury. The Callahan Project is believed to be the most advanced of the four projects, which includes a vertical exploration shaft to a depth of approximately 230 metres that was constructed by Falconbridge Ltd. in 1980 and a 1.5 kilometre drift. In 2008, Northern Star Mining Corp. (“Northern Star”), the projects former owner, filed a NI 43-101 Technical Report that contained a historical resource estimate for the Callahan Project that can be downloaded here (page 4). The historical resource estimate is for informational purposes only, is not considered valid under NI 43-101 and should not be relied upon. A total of 1.0% of the NSR royalties can be repurchased by Agnico Eagle by paying US$1.0 million (CDN$1.3 million based on current exchange rates) to Abitibi Royalties. Read more at http://www.stockhouse.com/news/press-releases/2018/07/11/abitibi-royalties-continues-to-expand-royalty-holdings-around-key-mines#FX2z40shQtetQtla.99