short term trading - week starting 14th jan

Weekly Fundamental and Technical Analysis Prospects - Week Starting 14th Jan 2013 (No. 48)

Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
All listed market caps are undiluted and were correct at time of posting (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).

Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided as I do not have the time to research all the facts that have been provided. Best of Luck.!


Weekly Fundamental Analysis Prospects
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RXL - Nickel in WA, Currently a trading halt. Assays due out anytime now up til Tuesday. Very 'SIR-like' with speculation and hype and high % Nickel. In comparison, RXL MC of around 50mill. SIR at 550mil. Already risen 519% and anticipating further rise if assays are as good as anticipated. Large volume and rise yesterday prior to receiving assay results from lab. (Mcap:$39m) Click Here for full detail
Spotted by: BuffWarren Date: 14/01/2013

SEH - Oil/Gas in China, Sino has some drilling news due, and will start the process for the ODP with the Chinese authorities over the coming months. Insto interest of late, with expiry of options issue now cleared, coupled with complete funding through to production have this company set to run.. (Mcap:$168.9m) Click Here for full detail
Spotted by: BrookeCE Date: 14/01/2013

IXR - Iron Ore in South Australia/ Nickel Tanzania, Positive cash flow from IO operations in its JV @ Cairn Hill of around $16m/annum with further scope for improvement with recent cuts in OPEX & higher IO price. IO rights in Mt Wood which is a substantial asset...probably divested or JV. World class High grade, yet early stage Nickel asset in Tanzania (also prospective for Cu, Au & Graphite)....Will be funded by cash flow from Cairn Hill.....A company maker. 25% holding in UNX. Paid off debt with surplus cash flow...Now debt free.. (Mcap:$54.4m) Click Here for full detail
Spotted by: "3500" Date: 14/01/2013

CUL - Tungsten, Graphite, Copper, Cola REE, Iron Ore gold , In Australia, Canada, Scandinavia and Africa, Rox Resources Mt Fisher discovery depending on results it could open up a new province just like SIR and just like with SIR we will most likely see a flow on to the nearology plays. The Pattersons Analyst who tipped Rox earlier in the week has given CUL a nudge as a nearology play based on its Gun barrel project being located immediately north. CUL is one of the only ASX company's located near RXLs Mt Fisher and so if the hype around RXL continues we could see an overflow into CUL. (Mcap:$20.1m) Click Here for full detail
Spotted by: Strauss Date: 14/01/2013

SPA - Gold & silver, base metals & uranium in South Aust and Qld, Started drilling a single 650m hole at 65 degree angle searching for a potentially large gold or polymetallic deposit, hole should be completed in about a week."Spencer was originally attracted to this prospect by the unexplained geophysical anomalies interpreted to exist 400 metres below surface, the intense near surface alteration, the presence of unexplained alluvial gold between the breccia outcrops and the barren intensely altered cap, analogous to the Mt Leyson and Kidston gold deposits" These single, deep holes usually attract a bit of hype ala RDM or an oil well, but this one seems to have gone completely unnoticed. . (Mcap:$2.1m) Click Here for full detail
Spotted by: Fibonarchery Date: 14/01/2013

AQQ - Gold in WA, Assays from new drilling at Epsilon due shortly Previous holes are pretty good for a well-funded $10 million m/c company. If Epsilon shows some goodies AQQ could well become a significant gold producer. From recent ann: "...Any uplift in resources from the Epsilon Zone is considered important in that it may lead to a single large open pit being developed, rather than the current scenario being examined of developing separate pits to exploit the Alpha and Phi gold lodes. Gold intersections from the latest drilling of the Epsilon Zone include; Hole APR 1265 16m @ 4.73 g/t (from 61m) Hole APR 1266 10m @ 2.28 g/t (from 103m) ..."
. (Mcap:$10.4m) Click Here for full detail
Spotted by: Fibonarchery Date: 14/01/2013

NXR - Iron Ore in Equatorial Guinea, Recently announced maiden iron ore mineral Resource at the Boulere Prospect, Télimélé licence in Guinea, West Africa of 258 MT @ 37.3% Fe Inferred Mineral Resource at the Boulere Prospect maiden mineral resource includes 16.8 MT @ 55.1% Fe of potential direct shipping ore (DSO) 5% of prospective area drilled, mineralisation remains open in all directions. Company has also announced a target of 3-5BT of Fe at 30-40%. This numbers elevate it into the middle range of West African Fe explorers such as Equinox which has a mcap of approx $160m. Albeit the Ore is not quite as good as EQX. Stock is now massively undervalued IMHO.. (Mcap:$9.8m) Click Here for full detail
Spotted by: Freehold Date: 14/01/2013

CNO - Copper / Base metals in Fiji , Project contains an Inferred Resource of 4.5 million tonnes at 1.2% Cu; 3.9% Zn; 29g/t Ag and 0.3g/t Au in accordance with the JORC Guideline and currently drilling to increase this. Primarily Zn, Cu, Ag and Au in decent grades (up to 15-20% CuEq). Low MC of 6mil and currently not looking at a capital raising could be the time to jump in this one Assays due this month. (Mcap:$4.9m) Click Here for full detail
Spotted by: Nihilism Date: 10/01/2013

BLT - Biotech in Genetics, The big players have been absent because delivery issues were yet to be solved . That was a few years ago now and later phase trials are reflecting remarkable success . New and exciting research , using benitec's process , is starting to make headlines. BLT are short on funds and the risk of a CR is high . However a key user of their proprietary technology Gradalis has just received a $24m funding injection ahead of results due from a recent trial which could be a catalyst for BLT . (Mcap:$15.5m) Click Here for full detail
Spotted by: J8 Date: 9/01/2013

NEA - Online Photo Map Provider, Cash flow positive as of this month. Strong growth potential due to new pay wall service and database of some 400,000. High margin product essential to govt, engineering etc. Not many shares for sale considering liquid register of some 330 million Minimal dilution risk and limited mid term downside IMO due to cash flow position and growing revenue base. Key risk is in maintains strong sales growth but off a low base it should be manageable Could be a nice story unfolding here. (Mcap:$0m) Click Here for full detail
Spotted by: Andrew1234 Date: 9/01/2013

CNO - Gold in WA Copper in Fiji, One to watch again for movement , old results hit 5 m @ 22 % copper equivalent from 17.8 m ( yes that’s twenty two %) EV is 1 million with 900 million of metal in the jorc. Should be update soon, phase 2 drilling starting mid Jan if you read the thread , waiting on phase 1 results, not a leaky ship. Hopefully do a vrx or hor - free float soak and mega pump, only 24 million tradeable . (Mcap:$4.9m) Click Here for full detail
Spotted by: Gizard Date: 7/01/2013

OVL - Iron Ore in S.Africa, Chuminga Copper-Gold Project, recommencement of drilling pending following completion of geological review currently underway; the four key holes drilled so far have shown complex faulting and significant widths of shallow copper mineralisation:
From 98 to 116 metres; 18 metres of 0.98% Cu; 0.13 g/t Au; From 65 to 126 metres; 61metres of 0.90% Cu; 0.15 g/t Au; From 75 to 109 metres; 34 metres of 0.61% Cu; 0.08 g/t Au; From 54 to 102 metres; 48 metres of 0.78% Cu; 0.09 g/t Au; A further two angle holes have been planned on each of the four sections. (Mcap:$2m) Click Here for full detail
Spotted by: Fibonarchery Date: 7/01/2013

WRM - Gold / Silver in NSW , Market cap $7.7 million, cash $1.34 million, $4.5 million funding from cornerstone investor at premium to prevailing share price.
JORC 240k ounces Au, 22 million ounces Ag. Mineralisation open in all directions. First pass drilling: 26.5m at 220g/t Ag from 133.3m; 33m at 97g/t Ag from 154.5m 7.6m @ 140g/t Ag from 138.4m; 11m @ 85 g/t Ag from 156m Short Term catalyst - commencement of extension & infill drilling, feasibility studies. Recent surface sampling west and SW of Mozart indicates potential for new mineralised zones - results to 6.9g/t Au and 95g/t Ag . (Mcap:$7m) Click Here for full detail
Spotted by: Fibonarchery Date: 7/01/2013





Weekly Technical Analysis Prospects
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SEH - Oil/Gas in China, My favourite of the past few years, has recently hit a breakout pattern and trending up. Major road blocks at 13c, 14c, and 14.5c have now been cleared and may run to 20. Closed at year high of 15c on Friday, with support now becoming 13.5/14c range. Volumes steady near circa 10mil on most days. (Mcap:$168.9m) Click Here for full detail
Spotted by: BrookeCE Date: 14/01/2013

IXR - Iron Ore in South Australia/ Nickel Tanzania, Unmistakable bottom. False break down in November, confirmed by strong rejection with the price moving above solid resistance at 15c on some of the heaviest volume in its history. Now retracing & testing 15c on small volume which will hold. ST target 20c. . (Mcap:$54.4m) Click Here for full detail
Spotted by: "3500" Date: 14/01/2013

AZV - Communication health care, Emerging from a large base spanning 2 years with noticeable increase in volume for such a tightly held stock. Healthy OBV adds validity to a very early uptrend. 6c is a minimum ST target but suitable for a much longer hold.. (Mcap:$8.9m) Click Here for full detail
Spotted by: "3500" Date: 14/01/2013

CUL - Tungsten, Graphite, Copper, Cola REE, Iron Ore gold , In Australia, Canada, Scandinavia and Africa, Friday 12 Jan afternoon the high volume that was going through ended on the highs with record volume and my guess is the buying was Pattersons just like with RXL. . (Mcap:$20.1m) Click Here for full detail
Spotted by: Strauss Date: 14/01/2013

QPN - Oil/Gas in Indonesia, Australian oil and gas exploration and development company focused on South Sumatra. It covers 2,191km² of the South Sumatra Basin. On 10th December prior to Xmas the company made an announcement with an expanded strategy, and reinforced its commitment to drilling the Ranau PSC in Sumatra. " Recent exploration at the Ranau Projects has identified four sub-basins and 16 highly prospective leads within these. The Company is preparing to drill these leads and if successful take them to production, accessing the extensive infrastructure and multiple hydrocarbon markets located within close proximity to these projects and Sumatra". Small selling exists in to 0.005 which is probably post Xmas hangover selling. Small volumes.. (Mcap:$12.3m) Click Here for full detail
Spotted by: BrookeCE Date: 14/01/2013

MEO - Oil/Gas in WA and Timor Sea, An unprecedented amount of volume occurred on 13/12/12, in which the stock was tested for it's strength on 18/12/12 to 19/12/12. An underlying strength of the share was then evident allowing a breakout to occur on 07/01/13. The share is now making attempts to break through the 0.093 resistance, which of course a convincing break would potentially propel the share for another great spike as there is no immediate resistance in proximity after that. . (Mcap:$52.2m) Click Here for full detail
Spotted by: N6412297 Date: 14/01/2013

AKM - Coking Coal in Mongolia, The share spiked in price after falling to prices not seen since August 2010. The recent volume and activity, albeit some possible short term dalliance of share price in either direction, could then possibly reverse the devastating down trend of the share and allow an uptrend to occur. It should provide ample opportunities for Day traders and Short term traders alike for some decent gains in the coming weeks. (Mcap:$65.2m) Click Here for full detail
Spotted by: N6412297 Date: 14/01/2013

UNX - Uranium Tanzania and Australia, Anticipate a break from the long term retrace early next week. Initial pulse of life to the upside in the last couple of weeks how has reset the Indicators, they are in the potential 'Big' bounce zone. bullish divergence and new volume cycle about to commence. What to expect in a month. Initial target of 12.5c at the 200Dema (approx 65%) Closed on Fri at .78c (Mcap:$16.5m) Click Here for full detail
Spotted by: Pilsner Date: 14/01/2013

AZS - Copper in Mexico, Spiked hard on news of H. grade Cu, subsequently retraced back about 45% on very light volume relative to the spike. The support entered with heavy volume again. This stock appears to not be being sold off accumulation still in progress.. (Mcap:$31.4m) Click Here for full detail
Spotted by: Freehold Date: 14/01/2013

ETE - Oil/Gas in the US, A Beautiful ranging chart with plenty of upside for a longer term hold. Right down the bottom here, basing pattern broke to the upside on Tuesday after positive company ann. Looking for the continued momentum to push this to the ST targets of 9c and 13.5c. Expect resistance around 9c to get through the 200d EMA and then again at approx 11c. (Mcap:$41.9m) Click Here for full detail
Spotted by: Pilsner Date: 10/01/2013

NRU - Coal in Mongolia, Symmetrical triangle from the two previous up moves looks almost? complete (it will break from the final retrace line tomorrow). Indicators in the bounce zone, chart now in short/intermediate and long term uptrend. A measured move of approx 50% to Next ST target of 6.2c however resistance from the 2011 retrace comes in half way at 5.1c. (Mcap:$10.5m) Click Here for full detail
Spotted by: Pilsner Date: 10/01/2013

OEL - Oil explorer/producer offshore Philippines, Declared a double or triple bottom on reasonably heavy volumes. OBV quite healthy confirming unmistakable accumulation over the last 8 months. Large base bodes well for a decent gain. (Mcap:$113.8m) Click Here for full detail
Spotted by: "3500" Date: 9/01/2013

OEX - Oil/Gas in India and the Timor sea, Solid base formation over the last 5 months, with OBV well in +ve territory clearly indicating accumulation. Today's close @ 0.07 Confirms a few bottoms in the mid 5c. 1st target 10c. . (Mcap:$25.5m) Click Here for full detail
Spotted by: "3500" Date: 9/01/2013

VMS - Tin in Tasmania, Buyers building , expecting the 10 and 35 Dema's to cross in the next few days (a buy sig to the masses). Currently has some work to do to get above the 200 day and back into the bottom of its general LT trend channel at approx initial ST target of 30-31c. Expect resistance as usual mid way. Longer term potential see chart posted above. Closed today with break of a little bull pennant on 22c, and within the final stages of an ascending triangle. Safer entry on break of 23c on vol. (Mcap:$67.5m) Click Here for full detail
Spotted by: Pilsner Date: 9/01/2013

CEL - Oil/Gas in South Africa, Broke out of both flag formation and 10.5c LT resistance. Clear ST target of 15c based on next clear level of resistance after 10.5c. Volume increasing of late, market depth well in favour of buyers and OBV strong
. (Mcap:$29.3m) Click Here for full detail
Spotted by: McKagan Date: 7/01/2013

ICN - Oil/Gas in Qld, Weekly close of 24c last week is what I have been waiting for. It is a critical level to unlock the charts upside Current candle sits right on the bottom of a ST trend channel. What to expect over a 1mth period. A meandering 3-4 week move to a ST target of 32c or 30% to the top of the current trend channel Expect resistance and oscillation around 28c as it needs to break the long term resistance from numerous previous highs and turn that level into support.
. (Mcap:$119.7m) Click Here for full detail
Spotted by: Pilsner Date: 7/01/2013





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Links to Previous Weeks Lists

No.47: Short Term FA & TA Leads (7th Jan- 11th Jan) Click HERE

No.46: Short Term FA & TA Leads (31st Dec - 4th Jan) Click HERE

No.45: Short Term FA & TA Leads (24th - 28th Dec) Click HERE

No.44: Short Term FA & TA Leads (17th - 21st Dec) Click HERE