Weekend STT Lounge 25-27 Jult, page-36

  1. 426 Posts.
    Entry for STT list

    1-BMG: (ASX: BMG RESOURCES LIMITED) is a mining exploration and development company with a focus on nickel-copper-cobalt-gold prospect within the Black Pine Project in Cyprus.

    F/A:Long

    F/A: Results due in coming weeks for 20 hole R/C drilling program in a area known to have shown massive and disseminated sulphides in the 1950's.Given the small M/C of $4.4m any positive results will see the SP respond well.

    Short term target: 3.0c

    2-YRR: (ASX: YELLOW ROCK RESOURCES LIMITED) **anintha Vanadium Project in Western Australia.

    F/A:Long

    F/A: High grade near surface mineralisation at **anintha.The company is also well-funded after recently raising $3.36 million to fund work at the project. increased interest in the chemical applications for vanadium, particularly the redox battery market.

    “Vanadium redox batteries for grid-scale energy storage are becoming more and more commercially viable and now they are getting built in the hi-tech manufacturing economies of the world.

    Short term target: 3.6c

    3-SFP: (ASX: SAFETY MEDICAL PRODUCTS LIMITED) Is involved in the research and development of medical syringe technology as well as mineral exploration. SFP had various patents and registered trademarks associated with the SecureTouch, but SFP is now solely focussed on Australia. The company also has exposure to gold tenements.

    T/A & F/A:Long

    T/A:The SP has broken out of a 3 year down trend line and is now in up trend on the daily chart candles now above EMA'S and EMA'S now pointing up.SP is right under 0.9c resistance with continued volume we should break through it easily.

    F/A: Safety Medical Products has acquired 3D Medical Limited and has been validated with the latter reaching an exclusive Service Level Agreement with Capitol Health (ASX:CAJ) to provide 3D printing services.This will provide immediate revenue generation and offers commercial upside when its services are implemented Australia-wide.With M/C of $7.7m this should have a positive effect on the SP.

    Short term target: 2.0c

    4-AXE: (ASX: (ARCHER EXPLORATION LIMITED) Is a graphite, magnesite, manganese, copper, gold and uranium explorer focused on the discovery of world-class ore deposits.

    T/A:Long

    T/A: We have broken through the down trend that commenced in 2012 (broke out from that early July 2014).That on its own is extremely bullish,but know our short term goals are to get through the 19.5c resistance witch we have achieved,we then had a crack at the 23c resistance witch we failed to do (reason being lack of volume).We then retraced back to our old resistance level of 19.5c bouncing of it nicely confirming it as now a support line.once we get some more volume behind us we should break the wall down at 23c to 25c then a big move is on the cards.

    Short term target:40c

 
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