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15/12/09
08:20
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Overnight observation:
- USD weak. AUD bully all-round.
- Gold strong: up $10. I expect it to put on another $5-$10 intraday today during the Asian session. Could put on some fast gains.
- Equities: performed well.
Will be watching GOLD stocks. They have been sold down quick but will rebound even quicker.
Preference: those with news!
FML: plant commissioning news due. FML could move fast past 6cents into the mid 7c levels quick
LRC: drilling results from world-class province due "within 2 weeks". 100% upside offered from here.
Also watching: RVR. Lithium project looks enormous. Next to an elephant lithium project. BMN: watch but not buy.
Watching FML + LRC closely
Regards,
followme
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