daytrade diaries... december 1, page-4

Todays stocks to watch:

RAU (Republic Gold):

Came out with a fantastic announcement yesterday whereby it has signed an agreement with the Bolivian Government over its Iron Ore assets in Bolivia. The release alludes to the PROVINCE "EL MUTAN BEEN AMOSGST THE MOST THE WORLDS LARGEST UNDER DEVELOPED IRON ORE PROJECTS".

Chart would suggest a very strong breakout closer to 4c. Afternoon was very strong with the stock been the most actively traded for the day. If we can open strong and gap-up, could be a fast move on towards 4cents from 3.4's open/entry.

Watch.



MEL:

Great release yesterday. Dont hold, but bound to be active.


CVY (Coverntry Resources):

Extensive gold results from an extensive drilling program on company's Canada gold fields are due any day. Very cheap gold company with no profile. Trades well at 30c everyday but am expecting a push up to 40c before results and potentially well in excess on good results. Gold at $1,180 makes it a no brainer. DYOR



Good luck all today. Oh, and RBA day today too



Regards,
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