The scanner’s week 2026-07-13 to 07-17: a margin call in Seoul, a broad correction, and our average going negative. We’re publishing all of it!

**TL;DR:** 423 volume flags. Two additions, five passes logged before outcomes. One factual error - corrected in public within two hours, four permanent verification guards built because of it. Our tracked-calls average went from +7.7% to -0.7% in the margin-call week; 6 of 7 calls still beat their benchmark since call date. And the flush pushed 4 of our 9 tracked developers below their last institutional financing price.

**The week in one arc:** Wednesday everything sold at once - stocks, gold, silver, even oil on day five of a blockade. We refused to call it a margin-call event without data, so we published a hypothesis with a test attached. Then the data arrived: 1.2 million Korean accounts margin-called, \~$285M force-liquidated, regulator banning leveraged products. Friday, Korea's market closed for a holiday - and gold rose back above $4,000 while the Nasdaq fell 1.4%. Next Friday's CFTC report is the referee we named in advance. Either way, we publish the grade.

**The honest ledger, receipts attached:**

\- **Adex (ADE.V**): passed at $0.06 on a cancelled claim. Closed the week at $0.09, 50% above our pass. The reason hasn't moved. Same font as the wins.

\- **Matachewan (MCM-A.V)**: "975x volume" was 731K shares vs a 750-share median. Check the denominator. The same artifact printed "1,285x" on another dormant shell Friday.

\- **Pacific Booker (BKM.V):** our pass cited a takeover offer as live; a reader proved it died June 5. Corrected same day - and the correction made the pass stronger. The stock gave back 13% the next day.

**- Minco Silver (MSV.TO)**: the permanent China pass did -18%/+23% in 48 hours. Casino tape. Reason unchanged.

**Mindset lesson of the week:** An institutional financing price is a price paid, with DD, in size. Four of the nine developers we track are now trading at or below what institutions (including major producers in two cases) paid weeks ago, while every project itself advanced. You own mine development, not a blinking ticker. That’s the difference between compounding
through red weeks and capitulating into them.

Educational content, not financial advice.