Well it was nice to see Gold up by $18.50 overnight, so I will definitely be looking at my a few of (regular) & favourite goldies for a trade today, namely:-
BCN - I know I am often beating the drum for BCN but they are a little goldie that is cashed up and have an aggressive drilling campaign planned for this year which has already started and will go well imo. They usually have good churn and this stock has provided me with some good trades. FYI, here are some highlights which were outlined in their recent Shareholder Update in January include just to give you a little snapshot:-
Strong position;
Institutional Investors support;
Cashed up;
No debt;
Very good assays (up to 14m @ 45gpt au);
800m of mineralisation (open at strike & depth);
February campaign about to start;
2,000 geochemical regional samples;
10,000m of RAB regional drilling;
5,000m of RC focused drilling;
The Company now holds over 300 sq. kms of tenements.
FML - Another goldie which is a producer with 2 years worth or ore. It has noo debt and is unhedged.
CUU - This uranium junior explorer was previously MKY Resources I was watching this stock with interest yesterday because it went up ~45.5% but only had ~2.13m in churn. I don't know a lot about this stock but there might be a leak on some imminent news so one to watch again today imo.
VIL - Had a bullish close yesterday and is awaiting flow-test results on the Fausse Point well in Louisiana. These results are expected by week's end.
BCC - Spud rig is due to be onsite today or tomorrow so expect spud news any day now for the Watson#1 well. The market should move on imminent news of this spud imo.
Ok, have a great day trading today all and my quote for today is:-
"The difference between truth and fiction is that fiction has to make sense." ~ Mark Twain
