daytrade diaries... january 12, page-22

Morning all (thanks HLL),

Well I hope today is as bullish as yesterday was on the small cap miners and O&G stocks. I will be watching the following stocks today with a view to trading:-

VIL - Well, we're all expecting (good) news out on this one today regarding confirmation of what's 'down there' by way of payzones - are the electric log tests complete now is the big question, and if they are not perhaps this is another nice arbitrage.

GDN - Hmmmm, I'm reluctant to get back in on this one this morning after the steep rises on GDN last Friday & yesterday. This stock has a big sting in its tail, but it will spud this month some time (hopefully before any cap raising) so who knows where the market will take it. Keep an eye on it anyways!

TAM - TAM has been rising steadily for the past few days and I believe assay results are due any day now, but personally I think they will come out in the Quarterly, which is not due for a few weeks yet (28th). Watch for good good churn today as it may provide for a nice trade on the rise.

BCC - Great momentum yesterday to finish on the high of the day at 13.5c. We're expecting news on drilling and Pompano flow rates. I'm thinking Pompano will be referred to in the Quarterly but the drilling will be updated as it happens.

and as for:-

URL - These were poor results imo for those of you who are considering a trade on that announcement out this morning - I wouldn't be!

Ok, that's my tips for today folks; stick with the ones you are reasonably familiar with is my opinion. Have a great day trading all and my quote for today is:-

"Bart, with $10,000, we'd be millionaires! We could buy all kinds of useful things like...love!" ~ Homer J Simpson.

Cheers, Pie (: