5 Grander Update - End of Week 07/10/2016
Hasn't changed since last post, set in the stocks of the 5 Grander and now will just wait for them to re-rate. Expecting these stocks to go on for multi-gain runs in due course. My reasons for the re-rates are both stocks are in lithium next to two large high prospect stocks;
KSN has land right next to CXO with CXO having great results and a stellar run which doesn't look to be finished for a while; KSN is much lower MC, $7.5m cash, Charts are also lined up well for a push higher and it will follow CXO up as CXO keeps moving and KSN will have news flow to come soon enough.
Link to my last Chart post on the KSN thread for any interested: http://hotcopper.com.au/posts/19673171/single
MZN has land right next to KDR; with KDR having stellar lithium finds and continues making new highs each week now in the mid 70c zone. MZN MC is tiny, they have cash and have started increased land holdings next to KDR and are also holding a good Zinc project but the re-rate will come from the lithium and KDR nearology. MZN have started mapping and field work on the lithium holdings and expect initial results to be released in two weeks, we're a week in, so another week to go.
Link to my last Chart post on the MZN thread for any interested: http://hotcopper.com.au/posts/19664096/single
I've also tipped both MZN and KSN in the STT Comp, both still active, can advance search on HC if interested.
Current 5 Grander Portfolio 07/10/16
KSN - 253,308 shares = $6,586.008
MZN - 47,327 shares = $993.867
Total Current Value: $7,579.875 +51.59%
5 Grander Value end of Month 1 (1st September to 1st October) : $7,537.586
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