short term trading week starting - 15 jul

Weekly Fundamental and Technical Analysis Prospects - Week Starting 15th July 2013 (No. 74)

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 do not include escrowed shares) (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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CZI - Ni-Cu in the Musgrave province WA,

13/07/2013

Current SPP closes on the 26 of July aiming to raise 1.3 million from the issue of 13 million shares. General The company is embarking on its very first drilling program on its west Musgrave tenements where they have delineated a large EM anomaly coincident with a highly magnetic bulls eye anomaly interpreted by the companies consultant Dr. Jon Hronsky as being a ultramafic body of chonolithic or lopolithic nature. Earlier on in the year the company received considerable interest due to the coinciding works being performed on what they have called the Pandora anomaly with the release of BHP's intersect at the Succoth prospect of 200m at 1.3 % Cu near the Nebo-Babel deposit highlighting the high prospectively of the Musgrave region. BHP currently have 3 rigs operating on this new prospect and further releases of intersect should maintain interest in the region. Drilling should create further interest in the company potentially pushing it back to the strong 18c resistance. Positive confirmation of Ni- Cu sulphides should see this resistance broken IMO.
Spotted by: Crimsoncarp

(Mcap:$3.8m)

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GMR - Gold in Burkina Faso,

13/07/2013

One of the few quality gold explorers yet to rebound with the gold price. Sold down 90% in past 8 months. Cash-strapped former sub-holder RIE Riedel Resources largely responsible as they sold their stake - they have now exited the register. One of their several projects, Balago, has a capex payoff of just 6 months, just need to complete DFS and arrange funding.
Spotted by: Fibonarchery

(Mcap:$6.8m)

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CNX - UCG Queensland/China/Mongolia, Coal Qld,

13/07/2013

UCG starting to gain momentum. LNC’s sp has gained in recent days – CNX next? Chart looks BULLISH The Qld Govt recently released the final recommendations of an Independent Scientific Panel examining the future of the Underground Coal Gasification (UCG) industry in Queensland. A key recommendation was to permit Carbon Energy and Linc Energy to continue their current pilot trials.CNX recently executed a Master Technology Licence Agreement with Zhengzhou Coal Industry Group to become the exclusive underground coal gasification technology partner for a Government approved commercial scale project in Inner Mongolia, China. - Carbon Energy will receive $10m in technology licence fees, upon achieving milestones, additional revenue from technology service fees and ongoing royalty payments.- A commercial scale project producing at least 30PJ per annum will be completed in 3 stages over the next 2 years. - Stage 1 will start immediately after the conclusion of the site identification and characterisation phase which i
s expected to be finalised within the week. - The project will be fully funded by the Zhengmei Group. Has a JORC Inferred Coal Resource to 2.0 Billion tonnes with its wholly-owned Surat Basin tenements and announced recently it is seeking the monetization of their large 100% owned thermal coal Resource and plans to utilise the funds generated to further develop its core business of providing underground coal gasification technology and services
Spotted by: Tobyjack

(Mcap:$28.2m)

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AQD - Nickel-Copper in Fraser Ranges &
Manganese in WA
,

13/07/2013

Nickel-Copper in Fraser Ranges WA. Manganese in WA Copper in Peru. Gold in Burkina Very shallow EM targets identified in Fraser Ranges 80km from Nova. Just 50m to 100m below surface. A third anomaly is 200m below surface. Drilling this year. Joint Ventures with Cliff's Natural Resources for WA Manganese project and Peru copper porphyry project Share price 1.2cCash $2.1 million
Spotted by: Fibonarchery

(Mcap:$1.9m)

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ARW - Biodiesel Producer/Australia,

13/07/2013

Has three plants -- Largs Bay (SA), Picton (WA) and near Albury (NSW)Emerging as a reliable revenue generator with recently confirmed 11 million-litre export program to the US. Customers are Valero Energy Corporation and Gavilon Inc., 2 of the world’s leading energy companies. Valero is a San Antonio, Texas based, Fortune 500 international refiner and marketer of fuels with a combined throughput of around 3 million barrels a day). Recent drop in AUD has given ARW a competitive price advantage. ARW also has an existing longer term supply contract with Shell Australia Recently settled a $3.9m insurance claim stemming from a fire at its Adelaide plant. Announced a $6mil working capital facility from a new banking partner. Thorney Investments is a 15% holder. Cash last Qtr $4.3mil4.5bil shares on offer, so watch out for possible consolidation
Spotted by: Tobyjack

(Mcap:$46.2m)

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BML - Copper-silver-nickel in Botswana,

13/07/2013

Cap raising initiatives announced so no more selling based on fear of that. BML has executed joint ventures with Norilsk Nickel, and BCI Ltd, a major mining company in Botswana, covering all 3 of it's discoveries, at Airstrip, Diaabete, and Maibele North.
Spotted by: Fibonarchery

(Mcap:$1.3m)

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EAF - Uranium in Tanzania,

13/07/2013

Another extract Resources would be nice! Drilling started a few days ago, 10000m over the next 2 months, funded by JV partner Korean Resources.
Spotted by: Fibonarchery

(Mcap:$0.9m)

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VEC - Gold in Australia,

12/07/2013

Gwendolyn mining plans progressing well. Some super-high grade intersections. Earheedy JV and other projects coming along too. Below in Gwendolyn resource block model. hares beaten down to 1.2cMarket cap now just $3.5 million. Recent cap raise well supported at 3c
Spotted by: Fibonarchery

(Mcap:$5.3m)

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BSR - Gold Africa,

12/07/2013

Company focused on mineral discoveries, predominantly gold, in the West African country of Senegal. The principal activities of the Company are exploration and resource definition within three contiguous permit areas located in Senegal, including Moura, Sambarabougou and Bousankoba in order to identify mineral (primarily gold) deposits. The Moura permit covers the area of the Diale series of the Birrimian Belt along the structural shear zone contiguous with the Sadiola gold operation in Mali, approximately 60 kilometres along the Senegal Mali Shear Zone (SMSZ). The Sambarabougou permit is located within the Palaeoproterozoic Birimian volcano-sedimentary sequences and the intrusives of the Diale Series. The Bounsankoba property is located in the early Proterozoic Kenieba Inlier in the Dialle-Dalema. The Company’s subsidiaries include Bassari Resources SARL and Bassari Equipment Pty Ltd. Director Buying shares recently
Spotted by: Fibonarchery

(Mcap:$6.6m)

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BPL - Cobalt in NSW,

12/07/2013

Demand for cobalt is growing from new-age applications including rechargeable batteries for electric cars and super alloys for turbines and motors. BPL offers a large and secure cobalt supply source with minimal political and technical risk. The deposits are geologically unusual because they do not occur as a bi-product of copper or nickel deposits, as with nearly every other mine around the globe. Thus cobalt would be the sole focus of mining development. The deposits exist near surface, and recent drilling has defined an anomaly 4km in length and open in all directions. The mineralisation can be simply processed to a cobalt-pyrite concentrate.
Spotted by: Fibonarchery

(Mcap:$3.6m)

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AQO - Oil/Gas in S.Aust,

12/07/2013

Has an excellent ground position in the liquid rich Patchawarra Trough in the Cooper Basin. It's currently in discussions with a number of companies with a possibility of a farm out of some of their ground to a much bigger player. It has to be one of the few remaining juniors yet with ground still available to deal. Nicely cashed up as well. In the collage below AQO's ground is marked as a solid blue block and I have framed in black the ground recently acquired by Senex from Planet Gas. I've traded it previously from 10c to 20c but missed out on the high side ride to 27c.I think it has found a good base recently and it is the right sector and right location to give some good returns over coming weeks. I am working on a map of the region but it is a bit difficult because of the number of interlocking holdings and JV's between players in the area. See Map in link
Spotted by: John435©

(Mcap:$14.2m)

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NCO - Namibian Copper,

13/07/2013

Recent scoping study by Coffey Mining confirms viable economics of project and supports a 10 year mine life for their copper-silver-gold deposit:
Spotted by: Fibonarchery

(Mcap:$0.7m)

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MZI - Min sands WA & Tiwi Islands,

11/07/2013

mineral sands developer (advanced zircon / leucoxene rich mineral sands project) flagship Keysbrook Project in WA. Resource Capital Funds recently became cornerstone shareholder. Near term catalysts over the coming 4-6 weeks to further de-risk the Project/Company include:- Construction and mining contracts being put in place;- Further details on RCF larger funding package;- Finalisation of off take agreements with DuPont and Tricoastal;- Project finance debt facility being completed to enable development to commence. On-going dispute with Stirling Zircon Pty Ltd, in respect to certain tenements on the Tiwi Islands and Northern Territory, have today reached settlement allowing MZI to focus on Keysbrook. Recent broker recommendations:-Fosters Stockbroking - BUY, PT $0.025/sh, ~90% upside from the placement/SPP issue price. Hartleys - ‘speculative buy’ recommendation with a price target of 4.2c.Closing sp today 1.5c
Spotted by: Tobyjack

(Mcap:$23.8m)

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CSS - Aquaculture in S.Aust,

11/07/2013

Weekly chart showing a small bounce. Has been sold down heavily from high of 1.88 in 2007 . Twix showing upward curve on weekly 15/9 and has just passed the bias line on a 5/5 signal. Daily has passed bias line on 5/5 signal and has bullish green candle with gap up today .Taking the plunge with this one after missing out entry nwe crossing yesterday and big jump today on 5/5 signal. Something fishy? Perhaps! About the companyClean Seas Tuna Limited (CSS) is involved in aquaculture business which includes the propagation of Kingfish, production of fingerlings for sale as well as the growout of Kingfish and Mulloway in Australia, USA, Europe and Asia. The company operates in two main businesses: finfish commercialisation and Southern bluefin tuna (SBT) research and development
Spotted by: Valen1828

(Mcap:$9.5m)

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SGQ - Nickel/Copper explorer WA,

9/07/2013

Two projects in the same area. drill results for 100% SGQ owned Cambridge anomaly due. Also has a JV for its project dragon with BHP. Both projects probably worth more than 6.8 million but this junior is cash light, so probably results -> CR type scenario. Awaiting the assays now.
Spotted by: Nihilism

(Mcap:$6.7m)

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RGU - Uranium explorer Australia,

9/07/2013

Very out-of-favour sector, but an absolutely essential commodity for future energy security. Triple-A management (Shane Stone, Ian Murchison, Simon Trevisan)Hand-picked scientifically targeted uranium portfolio, ownership of the most prospective uranium exploration projects across all of Australia. Of particular interest is the Paroo Range Project in close proximity to Paladin's Skal deposit (5KM east) and Paladin's Valhalla deposit (15KM east). Spectrometer values up to 1138ppm.Cash-backed (over $1 million), low shares on issue, low market cap, Top 20 hold 78% of the stock - including Transcontinental Group. Katana Capital has recently become a new substantial holder. May be looking at another cash acquisition to supplement uranium after their due diligence with East African Gold fell through.
Spotted by: Verce

(Mcap:$0.9m)

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CNO - Copper/Zinc explorer, Udu mine,

9/07/2013

Has a Jorc already worth 1bil In ground value. Looking to expand JORC. Recent drill results included an End of Hole intersection with a 'black smoker' grading 63% Zn and some quality intercepts of copper also (5-10% CuEq).New drill results due soon in an 'in-pit' exploration program to further define and expand the resource. They are targeting 250kt Cu to get the 'decision to mine'.
Spotted by: Nihilism

(Mcap:$2.1m)

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TAS - South Australian Iron Ore Copper Gold. ,

8/07/2013

A South Australian IOCG Chaser hunting for another Olympic Dam at Vulcan Prospect located adjacent to Olympic Dam. market Cap $14m Has cash $6m and is due to receive another $7m from RIO if they proceed to stage 2 as well as $25m in carried funding while retaining 49% of the Vulcan Project. Latest drill hole VUD 15 looks very promising doesn’t look like they've hit the mother lode just yet but getting close and given the size of the prize could be a multi billion dollar IOCG discovery any sniff of a discovery could send the stock up many multiples
Spotted by: Strauss©

(Mcap:$15.9m)

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MGV - South Australian Based Copper / Nickel,

8/07/2013

Holds a very large ground position in the highly prospective Musgrave Region where its hunting for an Ni/Cu Nebo Babel type deposit. Has also had some drilling success at Menninnie Dam where it hit high grade Silver and Zinc. The project is located very close to IVRs Paris Silver discovery. Im sure most remember the mega run IVR went on when it discovered Paris. o trading at a discount to cash. Active exploration program Led by the members of the team that discovered Nebo Babel at WMC (See Maps in Link below)
Spotted by: Strauss©

(Mcap:$4.7m)

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BGH - Gold/manganese in WA,

8/07/2013

Near term production from 49% owned 320k oz Bundoora project Metallurgical results due. JV partner Jiaocheng Yiwang Ferroalloy Co .5c, $1.4 million cap, $1.4 million cash
Spotted by: Fibonarchery

(Mcap:$1.4m)

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MAD - Oil in Texas, USA,

5/07/2013

MAD has currently got a perfect setup on the 3 monthly chart for a reverse head and shoulders. I put a short term target on my trade of 60c so hoping it gets that far in a month. Fundamentals also line up with increasing productions, oil price skyrocketing and USA in recovery.
Spotted by: Nihilism

(Mcap:$208.3m)

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MNC - Copper in Peru and Chile,

4/07/2013

MNC has come down to 1.1c / $20 million market cap. With $13 million cash, and a 304 million tonne (.45%cu), open pittable copper project in Peru, 1.2c was low enough for me to start buying today. They also have a 34 million tonnes of copper ore in Chile, again at .45% copper. Price catalysts could be improving copper price or finding a strategic partner to help develop the Peruvian asset.
Spotted by: Fibonarchery

(Mcap:$28m)

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BMG - Copper-gold assets in the Republic of Cyprus & Iron in Brazil,

3/07/2013

Treasure Project Copper Gold with further potential of silver, nickel, cobalt & zinc. Iron ore tenements in Brazil's Northern Minas Gerais region (Rio Pardo Project)Currently trading at 1.3c. Cash @ MarQ13 $4mil – expected spend JunQ13 $400k. Fully funded and retired all existing debt. Commenced maiden drilling program (9 holes) at the Treasure Project’s Black Pine – Laxia Prospect in Cyprus in June. First assay results expected July. Company suggests there is “Near term production potential with good infrastructure” Results, if good, will see sp rise. The Rio Pardo Project contains an exploration target of 2 to 3 billion tonnes at 16.2% to 18.5% Fe, based on surface mapping and drilling with 28 RC holes to date and the potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
Spotted by: Tobyjack

(Mcap:$9.4m)

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Weekly Technical Analysis Prospects
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MEL - Gas in NSW,

15/07/2013

major bullish reversal pattern? (TJ is still on P-plates when it comes to charts, hence the "?")Is MEL a possible takeover target at current sp, or are they about to announce something? Trading at low since NSW Government announced new regulations to constrain the operations of the CSG industry. As a consequence, MEL suspended its NSW (Clarence Moreton Basin) field operations. Currently evaluating a number of “other” proposals. EPW have been increasing their holding - last ann 12.83%On 10 July large parcels traded (9.7 mil) – is there another entrant or is EPW adding? Cash position last quarter $23 million/no debt. Shares on issue (last qtr) 445 mil, and 3.7 mil options
Spotted by: Tobyjack

(Mcap:$26.7m)

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PGS - Gas in Cooper Basin,

13/07/2013

Planet Gas is energy explorer with interests in conventional and unconventional oil and gas, current projects include PELA 514 in the Cooper Basin. Re entering the distribution after a false break of the low primary uptrend in the making with 35day about to cross above the 200day. Vol is ready for the next cycle and vol above 1.5-2 mil should be enough to confirm the next buy sig. Initial Target of this move is 4c, closed on fri on its high of 2.3c
Spotted by: Pilsner

(Mcap:$12.4m)

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PXS - Biotech,

13/07/2013

Pharmaxis Limited (PXS) is a specialty pharmaceutical company involved in the research, development and commercialisation of therapeutic products for chronic respiratory disorders. PXS has two approved products: Bronchitol for cystic fibrosis and Aridol diagnosis of asthma; two products in the clinic: Bronchitol for bronchiectasis and ASM8; and three products in development: PXS64, PXS4728 and LOXL2Sticking here with the trix showing a move past the bias line on a five five signal.The trix here has also shown a slow direct line towards the bias line on a 16/9 signal the standard set up used for the trix since May with a possible accumulation faze going on ..Candle sticks really show nothing here and is a flat chart except predominately green for around a week or so with small spike at the end and a doji star with bullish candle before it !Bottoming picking again on a flat chart so see how we go using the trix as a signal for entry. Pharmaceutical sector moving so has some sector momentum with it also! Picking from the scan j8 and pilsner so is beginning be a good test for me reading the trix and the scan!
Spotted by: Valen1828

(Mcap:$55.5m)

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MBN - Nickel international explorer/miner ,

12/07/2013

Bottom picking here looking for a bounce. Has shown in past it can jump after a long downward trend in the trix .Jumped 72% in may after a long fall and rose again above the bias line 5/5 signal bias . Has fallen further this time on the chart and beginning a curve up after high volume capitulation volume is beginning to rise again. On a weekly chart. Daily chart is showing similar pattern and has just crossed the signal line deeper down than last big spike .And volume up today . Could see this spike to around ten cents quite easily with possible twelve cents to get back to the bias line ?Has shown a couple of nice spikes in the last few months on the way down so expecting a third to occur? Very hard to pick something out of the chart on this so we will see how the trix goes for a run on bottom picking? From a high of $7.50 to a low of 4.9 cents.
Spotted by: Valen1828

(Mcap:$52.6m)

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ETE - US Oil and Gas,

12/07/2013

Currently sitting just on/under a 61.8 retracement level from the main distribution and having a false break of all time low. double bottom and doji's on the weekly, looking to break the longterm 3 year downtrend line in the next couple of days. Sub Seller has been unloading 9 mil shares and a big soak of fresh punters have been getting set. Today’s price action is an initial signal of seller exhaustion IMO with a teaser sig into the 3c line and higher prices will be coming next week. seller has been active at 2.7c and once that line is cleared its game on! Anns for this season drilling campaign and details of royalty payments from a recent deal are overdue. Entry IMO is on first close above 2.9-3c on + volume targets to 6ish cent ish and then 7.9-8.4c .
Spotted by: Pilsner

(Mcap:$13.8m)

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TPT - Moroccan and Australian based Offshore Oil projects,

8/07/2013

Moroccan and Australian based Offshore High Impact Oil projects. Both farmed out resulting in free carry of high impact drilling for Tangiers. Cash $10m (farm out funds due) Has been in limbo and strong down trend however looks to have technically made a bottom and a bounce is underway If we look back to Mid 2011 when TPT picked up its Moroccan projects the stock could perhaps be setting itself up for a similar move from similar levels? PVD the Moroccan big dog had a powerful move today breaking out and this may have had a flow on effect to TPT
Spotted by: Strauss©

(Mcap:$30.7m)

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TEG - Moroccan Oil explorer + Indonesian Gas producer,

8/07/2013

Cash $3m but appears to be self funding as has survived for a long time on production Has just broken a technical down trend by clearing 1c and looks to be setting itself up for a similar move that we saw at the start of the year following the acquisition of the high impact Moroccan Exploration projects. PVD and the Moroccan big dog had a powerful move today breaking out as did the other Moroccan Oil stock TPT so this will lead to some flow on to TEG imo
Spotted by: Strauss©

(Mcap:$18.5m)

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TOE - Uranium explorer and soon to be producer .WA,

2/07/2013

Short term the chart is iffy, with a recent break which is being tested . Longer term resistance is at ten cents and it does spike. Recent downtrend hides a long term up trending pattern . Possible cup forming to re establish uptrend with another spike .
Spotted by: J8

(Mcap:$93.8m)

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Links to Previous Weeks Lists

No.73: Short Term FA & TA Leads (for week starting: 7st July) Click HERE

No.72: Short Term FA & TA Leads (for week starting: 1st July) Click HERE

No.71: Short Term FA & TA Leads (for week starting: 24th June) Click HERE

No.70: Short Term FA & TA Leads (for week starting: 17th June) Click HERE