short term trading - week starting 12th august, page-3

Weekly Fundamental Analysis Prospects
---------------------------------------------------------------------------------------------------

CNO - Copper/Zinc explorer, Udu mine,

12/08/2013

I reckon CNO is due for a bit of a run this month SP is V oversold on low volume...(it has dropped 50 percent just in the last 2 weeks on next to none)has developed a large spread as sellers have just about run out....very thin on sell side news due soon’ish on larger drill rig targeting that 60 percent zinc hit that bogged the smaller rig currently using 3DIP, VTEM and DHEM to zero in on targets for ongoing drilling.MC only 2 mil with inferred Resource of 4.5 million tonnes at 1.2% Cu, 3.9% Zn, 29g/t Ag & 0.3g/t Interest slowly returning to this oversold sector with copper price breaking out of its downtrend ..possibly?
Spotted by: Knowbs

(Mcap:$1.6m)

Click Here for originating post


QTM - Water heater and solar business, Australia,

12/08/2013

Big revenues - receipts from customers in last quarter alone exceeded entire market cap - just need to get costs down or increase prices and big profits will appear. $1.5 million cash
Spotted by: Fibonarchery©

(Mcap:$6.1m)

Click Here for originating post


PPX - Paper supplier internationally ,

12/08/2013

PPX has now been in restructure for a new board just on 12 months and is due in the next fortnight to report poor earnings in a year it has looked to retrench almost 25% of its work force and cut or close businesses in countries it sees as beyond repair Revenues should fall arguably another 10-15% , and the loss be massive , what I am looking for however is a return to something near profit in the next 12 months and some confident commentary on the future not to worry , so much on the past which is terrible losses under poor management from the past ....all gone ! This years loss will be smashed with the retrenchment costs hurting the short term balance sheet, however the company predicted that 2014/15 if the new boards plan works will be the year they hope to get back in to profit Revenues are massive , probably still in the reduced capacity to somewhere near $ 3,000 million ( 3 billion revenues ) across around 20 countries If the commentary is as I hope , and some recent buying suggests might be the case ( about 1.5% changed and in one day last week ) then the current but ufA t is a bargain. Happy to take a punt on this one at this level looking for a bounce over the next week or 2 , and hoping for a bad result but nowhere near everyone is tipping This stock was once in the ASX top 50 companies , and the man in charge now has a very good track record in this space.
Spotted by: Firsova

(Mcap:$29.9m)

Click Here for originating post


RNS - Gold in Cambodia
Gold in WA,

12/08/2013

JV at Radio Hill with SXG)$4 million cash. JORC Indicated and Inferred Resource of 15.6Mt @ 2.4g/t for 1.2 million ounces of gold at the Okvau Deposit. The Indicated component of resource estimate is from surface to less than 300 metres - open pittable. The deposit remains open with significant potential to define additional ounces. Next round of drilling starts in 8 weeks. Buyers building, sellers exhausted.
Spotted by: Fibonarchery©

(Mcap:$11.1m)

Click Here for originating post


MMC - Copper in PNG,

12/08/2013

MMC is focused on the Yandera Project, which covers some 1800km2 in PNG, and is rated as the largest undeveloped copper-gold-molybdenum porphyry systems in the south-west pacific. Resource estimates were compiled by BHP in the 1970's but pre-date the JORC Code and were not publicly reported. MMC's updated JORC based on .25% Cu cutoff: Measured - 248Mt @ 0.43% copper Indicated - 114Mt @ 0.42% copper Inferred - 218Mt @ 0.37% copper Also Measured & Indicated 199Mt of Gold at 0.17 g/t for 1.1M ounces and 532Mt of Measured & Indicated Molybdenum at 0.01% for an estimated 140M lb. Rhenium credits have not been calculated but are likely to add significant value to the project (rhenium has 10-bagged over the last 5 years from $35 to $350/oz).MMC is the only microcap stock I can find with significant rhenium interests relative to its market cap. Stock has formed a nice base at 2c and buyers have started building and sellers have gradually lost patience and sold into 2.1-2.2c
Spotted by: Fibonarchery©

(Mcap:$23.9m)

Click Here for originating post


RMX - Gold in the Phillipines.,

12/08/2013

Targeting High Grade Gold in the Philippines. Red Mountain Mining has commenced Stage 1 drilling to test high-grade epithermal gold targets on it's Lobo prospect in the Philippines. The initial target to be tested will be at Japanese Tunnel where the first drill hole will test immediately under the high-grade surface trenching results of 5m @ 10.43g/t Au.408,000 ounce JORC compliant resource already proved up. Management have stated first results due from third week of August. 470 Million shares on issue, $3 Million cash following recent Capital Raising.
Spotted by: kellbys

(Mcap:$1m)

Click Here for originating post


RUM - Potash and phosphate in Northern Territory,

12/08/2013

Huge deposits on and around the Central Australian rail line. Rum has taken 70 percent of CEN and will soon complete their acquisition. Weary CEN holders are keeping the SP slightly depressed which has provided a buying opportunity. This is a well managed growth company setting itself up very well. It may be a future takeover target for BHP or similar. Exploration is continuing across all tenements including a JV with Reward Minerals which has a lot of upside. They are financially sound with plenty in the tank to continue exploration and finish the acquisition. News of getting to the required ninety percent will see the share price recover. Stale longs from the CEN takeover is the short term risk but the next one to three months should see strong returns. DYOR, starting with the recent quarterly.
Spotted by: J8

(Mcap:$30.1m)

Click Here for originating post


BTR - Zinc mining (Burkino Faso) and copper exploration (Zambia),

10/08/2013

Although yesterdays results of an intersection of 243m grading 5% Cu were from infill drilling, the significance of how such a result can effect the overall grade of the deposit is , in my opinion, yet to be appreciated by the market. The Kitumba project is shaping up to be a world class orebody. With results from additional holes due, including two holes nearby to KITT_DD027 where the massive intercept was reported from, I expect plenty of interest in the stock over coming weeks. Provided the support at 42 cents holds and future results meet expectations, I expect much higher prices in the near future.
Spotted by: Aksier©

(Mcap:$69m)

Click Here for originating post


CYS - Copper in Zambia ,

9/08/2013

Copper next to BTR in Zambia as well as next to SFR in Doolgunna WA Has copper projects adjacent to BTRs in Zambia. Also has some Copper projects in Doolgunna WA A good nearology punt to BTR maybe, Cash $2m
Spotted by: Strauss©

(Mcap:$6.3m)

Click Here for originating post


AUQ - Zinc-copper gold in Saudi Arabia, Oman,

9/08/2013

Copper-gold in Oman (being divested to fund Saudi project)Completion of Khnaiguiyah Zinc/Copper Project (KMC) Definitive Feasibility Study announced on 30 April 2013DFS technically and financially robust with a mine life of 13 years at 2Mtpa throughput. Production targeted to commencing in Q3, 2016 and may meet forecasted high zinc price cycle Maiden JORC Ore Reserves for Khnaiguiyah announced on 18 April 2013:Proven Ore Reserves of 17.7 Mt at 3.4% Zinc and 0.29% Copper Probable Ore Reserves 8.4 Mt at 3.1% Zn and 0.13% Copper Anticipating news of Oman project sale - could fetch up to $9 million (as much as current market cap)$4.6 million cash Drawn out sell down finally looks done after a big volume day today - probably most of it pre-arranged. Only sellers left now are at 10c+. Big fall from 51c, OBV has remained remarkably strong
Spotted by: Fibonarchery©

(Mcap:$9.4m)

Click Here for originating post


SHE - Uranium and Vanadium in South Korea,

8/08/2013

Stone Henge Metals is due to report its maiden vanadium resource as well as upgrading its uranium resource this quarter (currently at 65mlbs). Results from a scoping study into the development of a mine are due out in Q4. The resource should be capable of supporting an operation for at least 20 years. Given the potential of the project to supply 25% of South Korea's annual uranium requirement there is likely to be strong support from the government as well as the nuclear industry (23 operating reactors, 10 under construction). 100% of the country's vanadium requirement is currently imported so the potential production of vanadium credits is also a big positive for the economics of Daejon Project. In fact, based on projected prices of vanadium this importance of this mineral to the project is likely to increase in coming years. An initial review into the economics has pointed to opex cost of $14/lb, assuming a 70% extraction of vanadium as a credit. This cost is very low by industry standards and very important for the feasibility of the project due to the current depressed prices of uranium.
Spotted by: Aksier©

(Mcap:$11.9m)

Click Here for originating post


LNG - Gas in Australia and US,

8/08/2013

Recent agreement with Stonepeak and development of US asset, substantially change the profile of the company. Stonepeak will provide the equity of $660m, remaining will be debt financed by LNG. Importantly, Stonepeak will pay to the Company a one-off success fee on the MLNG Project achieving financial close, calculated on 3% of the total MLNG Project capital cost (such fee is estimated at US$66 million); That $66m is more than current market cap of LNG. Today's sell due to placement @20c,coming to the market.
Spotted by: Accaeric

(Mcap:$53.5m)

Click Here for originating post


CHK - Gold in WA,

8/08/2013

Really not much to say about this one other than it is very cheap - doesn’t have much else going for it. Pat Voelpe recently became sub holder with 19% of company - he has reasonable profit-making skills, for himself at least. Gold and other metal leases in promising locations Price catalyst would be any sort of positive news ie JV, drilling plans etc. $1.4 million cash
Spotted by: Fibonarchery©

(Mcap:$0.8m)

Click Here for originating post


XST - Oil/gas in USA,

7/08/2013

50% interest and operator of the High Island Block:5,760 acres, off the Gulf of Mexico, 160 km offshore from High Island, Texas. The block lies in shallow water depths of 80 metres, is located in a prolific oil and gas producing trend, and is within 5 kilometres of oil and gas production infrastructure. Two prospects have been identified on 3D seismic data and a technical review estimated recoverable resources between 100 and 300 Bcf of gas, and 7 to 22 million barrels of associated condensate. Xstate’s current plans include the preparation of a prospects and lead inventory with a view to pursuing a farm-out of an exploration well in late 2013.Jumped to 5c on acquisition news and has retreated to just .007c on miniscule volume - OBV has remained steady during trickle selldown $500k cash
Spotted by: Fibonarchery©

(Mcap:$0.9m)

Click Here for originating post


TMZ - Silver/zinc in NSW,

7/08/2013

Holds the dominant position in the Thompson Fold Belt which is considered to be an under-explored extension of the Lachlan Fold Belt. Have finished a 2500m drilling program at the biggest magnetic anomaly in their entire portfolio, samples are at the lab being assayed, results expected any day... but hardly anyone is trying to buy! Could be a huge surprise packet - drilling intersected a sheeted vein intrusion-related system hosted entirely in granite with pyrite, pyrrhotite, galena and chalcopyrite observed. $1.5 million cash
Spotted by: Fibonarchery©

(Mcap:$1.9m)

Click Here for originating post


GUF - Coal in QLD and Mongolia ,

7/08/2013

Has 8000km2 in QLD alone, and Mongolian tenements due to commence production Share price up to 10c, from 9cMarket cap $58 million with cash of $25 million Directors buying on market in material quantities this quarter Big JORC resources and mammoth exploration targets at QLD tenements
Spotted by: Fibonarchery©

(Mcap:$73m)

Click Here for originating post


CAV - Gold in WA ,

7/08/2013

Tenements are 7km from Granny Smith gold mine. CAV also retains a production royalty up to $2 million in the Lambouka Oil and Gas Project between Italy and Tunisia, 400m water depth, prospective mean resource of 270 MMBOE !During the quarter the Company reviewed advanced mineral investments and reduced administration expenditure to a minimum. $1.5 million cash
Spotted by: Fibonarchery©

(Mcap:$1m)

Click Here for originating post


AVZ - Iron in Namibia,

7/08/2013

Just cheap for the large tenement positions they hold in Namibia - EV of $0 with cash backing. Price catalyst would be environmental approvals. Reverse 55-bagger. $1.8 million cash
Spotted by: Fibonarchery©

(Mcap:$1.8m)

Click Here for originating post


SWE - Oil/Gas Australia,

6/08/2013

Swala Energy is an Australian oil and gas company with assets in Kenya and Tanzania. Swala’s holdings are in the world-class East African Rift System with a total net land package in excess of 15,000km2. New discoveries have been announced in a number of licences along this trend, including Ngamia-1 and Twiga South-1, which extend the multibillion barrel Albert Graben play successfully developed by Tullow Oil plc into the eastern arm of the Rift. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of sub-Saharan Africa.
Spotted by: Butzagatep

(Mcap:$15.5m)

Click Here for originating post


MKB - Technology - Mobile Advertising US,

6/08/2013

MOKO is an Australian company based in Perth which develops and provides proprietary mobile social community platforms to select audiences who need to share their content and information with their members. The ACIS is an organisation that provides opportunities for colleges, students and sponsors to mutually benefit through sports, recreation and fitness related promotional activities on more than 200 college campuses across the US. The ACIS has exclusive agreements with the colleges regarding on-campus marketing and already works with major brands like Nike, P & G, and Microsoft. Although the initial agreement is for a three year term, MOKO is likely to renew the contract on a yearly basis, subject to performance hurdles being met, including minimum advertising revenues. With the pilot due to get underway next month and the potential for further deals with other organisations as well as a NASDAQ listing scheduled for late this year, the news flow for MKB for the rest of 2014 should be active. This should he
lp maintain a strong level of interest from both existing and potential new investors.
Spotted by: Aksier©

(Mcap:$26.1m)

Click Here for originating post


GTE - Copper Exploration in Western Australia and Kazakhstan,

6/08/2013

The company reported broad zones of visible copper mineralisation at the Spasskaya mineral field on the 17th of July, 2013.Niton XRF analysis confirmed that there are at least 3 mineralised zones that contain copper in the RC drilling. The company reported in the same release that the width of the main zone and the XRF analysis are in line with what was predicted from the historic data. Historical trench sample results from the company using XRF included 24m @ 8.3%Cu, 16m @ 6.24% Cu and 8m @ 4.96% Cu at Sharyktinski, 16m @ 3.34% Cu and 14m @ 3.28% Cu at Spassky, 32m @ 4.3% Cu and 42m @ 3.4% Cu at Hadzikongan, 12m @ 7.22% Cu, 12m @ 8.98% Cu and 12m @ 7.23% Cu at Burnak 1 and 4m @ 21.15% Cu, 4m @ 7.8% Cu and 6m @ 23.6% Cu at Burnak 2.Directors have bought a substantial number of shares in the rights issue which has just closed. Jordan Luckett bought 830,000 shares, Craig Mathieson bought 1,233,374 shares, Frank Cannave bought 375,000 shares. You could not ask for a better sign of confidence in upcoming results than when directors dig deeply into their own pockets to take up shares. I await drilling results with great anticipation.
Spotted by: Aksier©

(Mcap:$13.8m)

Click Here for originating post


SEO - Copper in Mongolia
Gold in WA,

5/08/2013

Large copper-gold porphyry project in Mongolia. And not just any porphyry project, but one located in the same copper-bearing belt as Rio Tinto's giant Oyu Tolgoi porphyry project. Rock chip samples of 21% copper and 34g/t gold have been retrieved from the tenements, and Sentosa are currently reviewing data from an airborne survey just completed to assist in selecting drill targets. large copper-gold porphyry project in Mongolia. And not just any porphyry project, but one located in the same copper-bearing belt as Rio Tinto's giant Oyu Tolgoi porphyry project. Rock chip samples of 21% copper and 34g/t gold have been retrieved from the tenements, and Sentosa are currently reviewing data from an airborne survey just completed to assist in selecting drill targets. You also get the Jaurdi Hills gold project in the premier gold producing region in Australia. Drilling results from a few months ago include 17m @ 5.5g/t gold. So it's far from a dud. This description from Sentosa's website www.sentosamining.com.au'The Jaurdi Hills Project tenements are centered about 40 km northwest of the town of Coolgardie, within the Kunanaling District of the Coolgardie Mineral Field, Western Australia. In total, the Jaurdi Hills group of tenements currently comprises 39 live prospecting and mining licences (7,609 hectares), 3 applications for prospecting licences (427 hectares) and a single granted Exploration licence (E15/1061) comprised of 4 licence blocks (1,180 hectares) in application.' For $500k market cap you get:- $500k cash
Spotted by: Fibonarchery©

(Mcap:$0.6m)

Click Here for originating post


MAT - Nickel Frazier range WA,

5/08/2013

Over the last few days Matsa has sold down on very minimal volume as delays in heritage clearances have tested holders resolve. I think those heritage clearances will be completed shortly and drilling will commence on 4 projects: Symonds Hill, Killaloe, Fraser Range North, Mt Thirsty/Mt Henry,. When a start to actual drilling is announced I am confident we will see renewed interest in MAT and buyer return. Furthermore I am encouraged by something I spotted in the quarterly where MAT said they would first do air core and RC drilling at Symonds Hill, basically old fashioned geology following the same path of SIR in their initial exploration at Nova. The following quote is from an October announcement by SIR" The Nova nickel-copper discovery regolith expression(as described in Sirius Resources NL ASX release 10 May 2012) is characterized by laterite with 4-32m of consistently anomalous nickel(typically 0.2-0.3%),copper(typically 0.02 to 0.15%) and cobalt(typically 0.02 to 0.09%). Peak laterite intercept was 52m at 0.61% nickel,0.06% copper and 0.07% cobalt. Significantly, deeper intersections in weathered ultramafic bedrock included 8m at 1.06% nickel and 0.12% copper" That's the type of announcement I will be hoping to see from Matsa in coming weeks after their initial drilling at Symonds Hill. Old fashioned cost effective geology at it's best!
Spotted by: John435©

(Mcap:$43.1m)

Click Here for originating post


BLT - Biotech Gene Silencing Australia,

2/08/2013

Benitec . Aussie bio with groundbreaking ddRNAi gene silencing technology which is about to trial p1/2 for HCV, a multi billion dollar market. There has been a consolidation but it is tradable on the above code. Directors taken there SPP and new sub holder notices are out. This is really starting to look good IMMHO. Sure, a few will bail for quick buck here and there but unless there is some unforeseen delay everything is in order. I don't think the current price will last, the threads are full of worrying about dumping but I disagree. Totally undervalued and seemingly unnoticed by the world but I assure you a one shot cure for HCV will open eyes and wallets. There are far too many ducks lining up here for this to be dumped incessantly .... as has been the case in previous years. There are options but they are quite a risk. DYOR there but I am only banking on the heads.
Spotted by: J8

(Mcap:$332m)

Click Here for originating post


PRL - Oil/Shale Gas in Uruguay, Canada, Spain and the USA,

1/08/2013

Proven management with skin in the game. Piedra Sola & Salto Concessions, Norte Basin, Uruguay (PRL 25%, up to 60%) Targeting unconventional and conventional oil targets in Piedra Sola & Salto Concessions (3.5M acres). Lochend Cardium, Alberta, Canada (PRL 40%) - Targeting ‘tight oil’ in lower siltstone and sandstone. Fort Worth Basin Texas – Barnett Shale, USA (PRL 25%) - Targeting unconventional liquids rich gas in 3,710 net acres in Erath County, Texas. Tesorillo & Ruedalabola, Beltic Alps, Spain (PRL 21.25%) - Targeting conventional sandstone gas reservoirs in 94,000 acres in Southern Spain. First mover Uruguay, company making asset Catalysts for CY13 include:- Core hole program at Uruguay commences June with interpretation of results Q3CY13;- Seismic survey in Uruguay Q4CY13 and prospective resource Q1CY14.- Farm-out to drill Spanish asset Q4CY13; and- Ongoing production flow rates for Cardium.
Spotted by: Tobyjack

(Mcap:$24.9m)

Click Here for originating post



Weekly Technical Analysis Prospects
------------------------------------------------------------------------------------------------------

TPT - Oil/Gas in Africa,

12/08/2013

Look at the chart what did we see Sept 2010 to Feb 2011 and then to Jan 2012?We saw the stock run from Sept 2010 up to around Feb 2011Why? Because the company was acquiring new projects in Morocco and the North West Shelf with big targets big expectations big excitement From Feb 2011 to June 2011 we saw the stock fall and bottom around 20cWhy? Reality set in excitement faded expectations fell, the stock needed to form a base and consolidate itself for what lay ahead From July 2011 to Jan 2012 we saw the stock run from 20c to 80c peak and while the moves to 80c were spikes reached in September and November the stock still moved up to 70c during December and Jan 2012This was the irrational exuberance phase the mania phase the blow off top driven by very high expectations of a farm out for both Morocco and North West Shelf Australia People fail to understand its not fundamentals that drive stock prices but sentiment driven by fear and greed which are influenced by technical’s and fundamentals (See chart in link)
Spotted by: Strauss©

(Mcap:$32.6m)

Click Here for originating post


SHE - Uranium and Vanadium in South Korea,

8/08/2013

From the chart below you can see that the price broke above resistance at 2.3/2.4 cents yesterday. Conformation of the move today gives an initial target of 3.4 cents.
Spotted by: Aksier©

(Mcap:$11.9m)

Click Here for originating post


GUF - Coal in QLD and Mongolia ,

7/08/2013

Chat to me looks picture perfect with a big price drop from 63c to 9c, yesterday closing near days high at 10c and just above downward trend line on reasonable trade volume... early rumblings of a big breakout? Corresponding jump in OBV and bounce off oversold in Money Flow Index.
Spotted by: Fibonarchery©

(Mcap:$73m)

Click Here for originating post


CTM - Iron in Brazil,

7/08/2013

Big interest today from a few keen buyers Chart has found a nice floor with a quadruple bottom at 11c... starting to wake up now Big price fall from $1.28OBV just turning up today RSI gently rising from oversold Bollinger bands tightening.
Spotted by: Fibonarchery©

(Mcap:$22.5m)

Click Here for originating post


CDY - Biotech -Holds signif IP for nflammation, autoimmunity and cancer.,

4/08/2013

ellmid holds the largest and most comprehensive portfolio of intellectual property related to midkine, an extensively validated therapeutic and diagnostic target in inflammation, autoimmunity and cancer. Coming of a very wide base I believe this is the next BIO to play catch-up with the sector. Recent initial move, full retrace to test the 200Week average and a close last week back above the 35week average.
Spotted by: Pilsner

(Mcap:$20.3m)

Click Here for originating post


BLT - Biotech Gene Silencing Australia,

2/08/2013

Going to be hard for Chartists to follow because of the consolidation and I will appreciate any help . Technically BLT is set to run from its current 32 cents. It has had its necessary false starts. I don't believe it will retest the SPP price for very long , if at all. First stop 55 cents when it does get going, then 70 to 77. Then ..... later, eighty five cents to one dollar twenty five in a real hurry ..... Footnote: Trading until the second of August on a deferred basis then the new shares are on the market . Expect strong news.
Spotted by: J8

(Mcap:$332m)

Click Here for originating post





---------------------------------------------------------------------------------------------------

Links to Previous Weeks Lists

No.77: Short Term FA & TA Leads (for week starting: 5th Aug) Click HERE

No.76: Short Term FA & TA Leads (for week starting: 29thJuly) Click HERE

No.75: Short Term FA & TA Leads (for week starting: 22nd July) Click HERE

No.74: Short Term FA & TA Leads (for week starting: 15th July) Click HERE