G8C banged on about this one last week as bit of a no brainer when mkt cap was compared to IOT XPE
needs to break and close above 4.5c and absorb any loose stock left
SRO another that looks like an ok tech punt breaking up from lows trying to move higher was a 5c RTO a break and close above 3c is bullish
LSR in for a punt here as ticks a lot of boxes for me
- Potential to make a major gold discovery
- gold stocks flying
- near lows (well not as lows as before but relatively speaking)
- directors tipped in big bucks at 3c
TMX the interesting play here is they just appointed BGS's chairman as secretary as well as his right hand lady
TMX has been saying they are looking at Lithium and and BGS recently pulled off on of the best Lithium acquisitions in the space
expect big things from an acquisition here
TYK Chairman Robert Kennedy of RMS successfully recapped MOX and also MXR with gold and lithium projects
MOX from a similar level made 2c+ so Im expecting similar here on a good deal
GPH setting itself up to hit TA FA and Broker targets around 20c
ICN cash backing is 3c and its the only Cooper Basin Gas play to trade at almost NIL value vs SXY STX BPT its a no brainer buy hold and wait for the inevitable rerating imo
CFE ever since they did that 4.2c placement when the share price was around 1.4c at a 300% premium Ive been scratching my head and wondering why and the only answer I can come up with is that 26% interest they have in that AJM PLS advanced type hard rock Lithium deposit in Europe
However they also have alot of asset value in Iron Ore and with Iron Ore bouncing so hard perhaps theres value in that too that the market is ignoring?
Speaking of Iron Ore
FMS interesting move by Todd Corp to offer $75m for them
They arent your avg joe punter, nor are they some BHP RIO FMG who make silly acquistions
They are savvy guys who picked up a lot of Oil assets near the lows and made a mint selling into the highs of the cycle
wandering if they are timing a similar move on Iron Ore now?
Amazing how Iron Ore was dead and now its alive again always the way, wonder if there will be any more corporate action with Pilbara Iron Ore specs if any are left?
