stocks for next week dec 1, page-2

Potential breakout? Continuation/trend change




NKP Update from last week, not happy, in the buy stack thought it would come back.....LT resistance levels look
possible on this move at 55-60c and 70c with resource upgrades and BFS next few weeks and months. One of the best LT buys on the asx imo.





SWN Updated from last week, another placement...strong support again around low 50c, further assay results next week or two.





LEG In a field of elephants around cameroon, congo and gabon but much closer to rail and port than most of their
peers. Due to payment structure of project main players have a very strong interest in proving up ++200Mt and moving into production, voted on this week. Botched interest in AXM but market is focused on iron ore projects (LEG still hold 1.5M IGO shares). Worth some research.




ADN Market waiting on assay results from tennant creek projects




FUT Possible results next week??




ATI Still in discussion regarding bauxite projects, looking at drilling next few weeks. Buying after AGM but would wait for continuation before opening new positions



OEX Update from last week, drilling high risk reward well in timor sea, 10% interest, didnt have right entry last week, heavily sold down to placement shares provide buying op into one of the largest oil targets by a junior this year.




IPR Filled gap and holding range, watch for possible continuation.



TEX Drilling highway prospect likely next week, high risk reward play could add + 2mmboe. Also ~50% retrace level in sp.




JPR One to watch next few weeks for drilling, acquisitions, possible cap raising maybe responsible for
weaker trading. Expect strong support at 5.5-6c levels.




KAR Results likely next week or two on current drilling. Support resistance as shown.




NSL Noticed steady uptrend in NSL over last few months, working hard to enter production in Indian iron ore province.




YTC Drill results and mag results could suprise a few in next few weeks on months from Hera project.