Just a few thoughts as we head into a slower period and people start to research for 2018.
Strandline Resources STA just completed a 1 for 12 consolidation and with increasing HM prices forecast and the impending granting of the mining licence in Tanzania they could be ready for a move upward from a consolidation period.
There have been some good drilling results announced this week, with a resource upgrade due Q1 2018 and a couple of independent research reports have been published, one of
which is on the website and the other is linked
here.
The other stock in this space is Base Resources BSE with exposure to mineral sands and just to the North of STA tenements across the border in Kenya.
If you are keen on the future of electric vehicles then just give some thought to where all the electricity is going to come from and whether existing generation capacity is going to be enough to cope.
I can see nuclear becoming a more palatable option and to expect the Uranium price to increase. It is a longer timeframe holding but Uranium miners like Berkeley BKY and Boss Resources BOE hold some promise.
The young fellah is mining Ethereum with his free solar and seems to be doing well, up 20% overnight. He bought another two cards for $500 this month to ramp up production.
Got my eyes on EPM for some Manganese drilling news soon, Valor Resources VAL is conducting some ground surveys before the next drilling program and is being soaked at 2 cents.
Sky and Space Global is moving towards the satellite constellation, a recent broker report had them at 45 cents with at longer term target of more than $2. It is a big play and could pay off well if they are successful.
I don't know if there is an award for the best RTO and launch, but I reckon they should win it because of the military like precision they have delivered on their promises. With the current price sub 20 cents there is still a lot of potential here.
Have a good weekend