Weekly Fundamental and Technical Analysis Prospects - Week...

Weekly Fundamental and Technical Analysis Prospects - Week Starting 15th Jul 2012 (No. 24)

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).
Again, I have taken the liberty of adding some info where it was unclear or fixing typos where I came across them. Hope no one minds. I have reduced the list to 10 or so items again. If you would like me to change your item then please let me know and I will update and I will re-issue. Will open for submissions on next week’s list this Friday after market close. All 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 research it first and make your own mind up to 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 by Spotters 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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IGR Gold Producer, Has been a dog for many but last Thursday I believe was its “nadir” at 28.5c, following a 29c ($25m) PI raise. It has been pummelled from within and without- by its own decisions and the gold price. A few astute HC posters predicted a cap raise and I believe this was known by enough punters to push the sp down this last fortnight. IGR is now cashed up, it is producing a significant ~ 85,000 ozs pa and should be over the worst of the negative sentiment. Its just released 510k ozs reserve will grow with yet to be measured discoveries. Combine that with maybe a few UP days for commodities and i think it should be a good week for IGR coming up. The 4c increase in sp on Friday were easy profits for a few. But there is still more to go i believe. (Mcap:$242m)
[Further upside on recent successful drilling and resource announcement]
Spotted By: Nicto (Position Held)

MNC Copper in South America, Would suggest to a lot that this has been a dog of a stock lately, however my research differs in view. Had a major resource upgrade this quarter, with what looks to be 1 of the biggest copper deposits in Latin America. Further news due. Was well funded however cash burn has been large. Expected to surprise the market end of quarter, with suspected further resource upgrade along with good news on current cash position. Peaked a few months ago with trades to 20c, however sell down appears to be following a distribution of shares from a major shareholder, and lots of recipients offloading stocks not wanted to be held LT. Declines have been on low volumes (Mcap:$162m)
[Expecting further resource upgrade with quarterly]
Spotted By: BrookeCE (Position Held)

NSE Oil/Gas (Shale) in the Canning basin in WA, Has a large footprint in the Canning Basin second only to Buru Energy in terms of size. Has an upcoming 3 well drill program and MB Century Rig #14 now on site and being rigged up. Nicolay #1 is the first well in the inaugural three well drilling program for the Goldwyer Project. The initial exploration phase has been designed to acquire a comprehensive data set via extensive coring, logging and scientific analysis of the Goldwyer formation in order to more fully appraise the quality of the potential resource opportunity Canning basin (Mcap:$164m)
[Upcoming Spudding of Well on the Canning Basin]
Spotted By: Freehold (No Position Held)


TTE Oil/Gas US and Perth Basin, Global oil and gas explorer with growing interests in Australia and the United States. The Company is actively searching for oil and gas in the highly prospective onshore Perth Basin in Western Australia and in proven international hydrocarbon producing areas. Titan Energy’s Warradarge Seismic Survey in North Perth Basin permit DR11 has been used to define the location of two wells proposed for drilling by the Company in 2012.
Titan Energy is also participating in a Joint Venture with AWE which has farmed in for an 81.5 per cent equity share in an area known as Eneabba South (EP455) in the North Perth Basin. The Company has also built up a significant onshore presence in the USA Titan has held solid against a lot of other small caps and penny stocks over the past 3 months. Continuing to acquire significant acreage for exploration. 1.2c not really breached. Nearology to NWE and MAD remains a significant positive. Expected US interests will continue to grow (Mcap:$11.24m)
[Nearology play to NWE in Perth basin and MAD, upcoming drill program, Growing US Interests]
Spotted By: BrookeCE (Position Unknown)

AYR Gold Explorer in WA Mid west in NSW and in NZ, Its flagship project is the Horse well project in WA which is currently overdue for results release of recent RAB drilling. Previous drilling saw several intersections around 1 G/t with highlights of 1 m@ 54 g/t Au and 1m @ 7.12 g/t au, strike is over 400m. Expected to confirm good grades of gold continue. Announcements due before quarterly (Mcap:$1.86m)
[Confirmation of good grades expected in upcoming announcement ]
Spotted By: BrookeCE (Position unknown)

LOM - Diamonds in Angola. The company exploring for diamonds at the Lulo Diamond Concession in Angola. Lulo covers an area of 3,000km2 and is located in the Cuango River Basin within the Lunda Norte Province of north-eastern Angola in southern Africa . Lulo has world-class diamond exploration potential, so far LOM has recovered alluvial diamond recoveries now exceeding 300 carats and has ID’ed a major kimberlite field within the concession . Lulo is surrounded by concessions held by some of the world’s biggest diamond miners (such as De Beers) and is located about 150km west of the 170-million carat Catoca diamond mine. Drilling and bulk sampling of 61 (21 confirmed as or as probable) priority kimberlite targets. LOM is set to begin testing the kimberlites with the arrival of the BAUER bulk testing drill rig expected onsite shortly if not already onsite. Company has acquired a new 50 tonnes per hour Dense Media Separation (DMS) plant for finding diamonds and additional Caterpillar earthmoving equipment, including a bulldozer, excavator, dump truck and two front end loaders to assist in the bulk testing program.
(Mcap: $20m)
[Commencement of kimberlite testing program with bulk testing rig]
Spotted by: Freehold ( Position Held)

LCY - Mainly Magnetite in the Pilbara/Midwest Australian key projects Mt Bevan Fe project Hamersley Fe project Robertson Range Fe and Manganese project South Laverton gold project East Kimberley gold, base metals and REE project Another resource upgrade due end of month, last week received official earn in for 60% of high grade, low cost 1.6bt inferred magnetite project. A director purchased $150k 2 weeks ago. All sellers (bar one) vanished from LCYOA & LCYOB on Friday 6th Jul. NMDC well overdue to add to LCY (many mentions of producing or near production coking coal projects). (Mcap: $55m)
[Expecting a resource upgrade]
Spotted by: Omorrisey ( Position Held)

BBG - International Surf wear Clothing wholesaler/retailer, Company facing difficult trading condition due to Weak global macroeconomic climate. Seems to be strong evidence that there may be a few suitors who are betting on a revival in the retail environment and wants exposure to the US where BBG has a presence. There are suggestions a bid could come as soon as Gordon Merchant (Company Founder and largest shareholder) is back in the country next week and you would imagine if there is too much heat in the stock it may flush out the buyer sooner rather than later. $2 is the target, with relatively little downside in comparison to the upside (Mcap: $427m)
[Possible large suitors wanting exposure to US retail market]
Spotted by: ChrisWR (Position Held)

NEU - Neuren Pharmaceuticals is a biotech company developing therapies for brain injury, neurological diseases, and cancer. Has a number of trails running, results soon due. Largely funded by US army and Medical research council. Started a run Friday after awarded Rett Syndrome trial grant, which is one of it's main plays. Buy side at top stacked well and expected to continue to run. Has plenty of cash with around $10mil as at last quarter. (Mcap: $24.8m)
[Biotech with results from a number of trials expect soon ]
Spotted by: BrookCE (Position Held)

ABU - Gold resources company with strong cash position and suspected positive flow of further drilling results to continue this quarter. Have been watching fundamentals build for a while and missed buy point in high 3c range. Started run Friday. Scoping study for their Old Pirate project completed in May that highlights $200m+ positive cash flow once undertaken. High grades of gold in scale. Other 5 key projects all showing high potential and further updates with reporting coming across quarter. Great management team proven track record. (Mcap: $136m)
[Positive Drilling results expected]
Spotted by: BrookCE (No Position Held)

DTE - Unconventional Gas in SE Asia(India China and Indonesia), UK and eastern Europe, CBM and Shale projects across 18 basins Over 10,400 km2, Resources /Reserves (net) OGIP: 17.8 Tcf (CBM); 76.0 Tcf (Shale)1 2C: 4.9 Tcf (CBM) Reserves: 45 Bcf (2P - CBM); 140 Bcf (3P - CBM) Business 8 countries; local / regional capabilities 150 staff; >50% former Arrow Energy Commercial Options 2 GSAs in place; 1 MOU signed. In Indonesia their ground is close to planned and existing infrastructure such as the proposed gas processing plant in South Sumatra, close to major gas line junctions and industry, major aluminium smelter nearby. Soon to test sites with horizontal drilling (previous vertical drilling) Close contact with community (Mcap: $142m)
[Upcoming horizontal Drilling campaign]
Spotted by: Trees (No Position Held)

AUK - Gold Explorer in Indonesia. Company is overdue to announce a JORC resource for a porphyry gold copper deposit at Wonogiri in Indonesia. SP is nudging up from lows. AUK will earn 80% of this project. They have had some significant drill holes. Eg..222.0 metres at 0.95 g/t gold and 0.20% copper (1.31 g/t gold equivalent). They have 175m shares currently. Sp has a 12 month high of 48c and is now trading at 4.6c. It reached a low of 3.3c on 28th June. I believe AUK compares favourably to Robust (ROL) with 77% of Romang – a 33.5mt low grade resource .5gt Au and 17.7g/t Ag. ROL is trading @ 85c with 80m shares. Also (SIH) Sihayo 700m shares 19mt 2.7 g/t Au trading @ 13c. Liquidity is an issue. I believe AUK can unveil a resource around 30-50mt at around 1g/t Au + Cu credits. AUK should then be multiples of current sp). (Mcap: $8m)
[Upcoming Resource Upgrade and favourable value compared to peers]
Spotted by: Nicto (No Position Held)


ANP -Biotech Antisense Therapeutics, Australian publicly listed biopharmaceutical drug discovery and development company. Its mission is to create, develop and commercialise second generation antisense pharmaceuticals for large unmet markets. ANP has 4 products in its development pipeline. ATL1102 injection) has successfully completed a Phase II efficacy and safety trial, significantly reducing the number of brain lesions in patients with multiple sclerosis. ATL1103 is a second-generation antisense drug designed to block GHr production and thereby lower blood IGF-I levels and is in clinical development as a potential treatment for growth, cancer and diabetes associated disorders. ATL1102 (inhaled) is at the pre-clinical research stage as a potential treatment for asthma. ATL1101 is a second generation antisense drug at the pre-clinical stage being investigated as a potential treatment for prostate cancer. Has just announced they are in negotiations for Licensing Proposal for ATL1103. Couple of other large announcements expected this month for their other 2 drugs. (Mcap:$30.4m)
[Pivotal Announcements expected]
Spotted By: Mikey26 (Position Held)



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Weekly Technical Analysis Prospects
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AVB (Cu/Ni Exploration Brazil) Retraced on low volume back to the 61.8 Fib line of .058 after directors buying stirred up DT's. Will watch to see if it holds this. Also .059 was strong support before recent capitulation saw directors buying in mid 5 range (Mcap:$66m)
Spotted By: Deklares (No Position Held)

TTE (Oil/Gas in Perth Basin and the US) Bounced off 1.1c nicely and since then has been in an uptrend. Broke out today and looks set for a big week next week (Mcap:$11.24m)
Spotted By: Mikey26 (Position Held)

CTP (Oil /Gas in central Australia) Breakout trade. Showing strength in a week market. Stock has spiked and retraced back hard. Support has entered to drive price back up to the previous spike high price in recent days. Entry on Break to new short term high with Volume.(Mcap:$166m)
Spotted By: Freehold (No Position Held)

SHC (Health) Strong spike with significant volume increase during last week. Wait for retrace to complete and support to enter or wait for break to new short term high with volume. (Mcap:$54m)
Spotted By: Freehold (No Position Held)

GRR - (Magnetite Producer in Australia) It looks like forming an ascending triangle, I'll be waiting for volume on a break of the .53 resistance (Mcap: $567m)
Spotted by: Sam91 (No Position Held)

DTE - (Unconventional Gas in SE Asia Eastern Europe) The 52wk Range: 0.14 - 0.73, Current SP:0.19, 5 day, 15mins Slow Stochs: looks interesting, MACD: not too sure, RSI: approx 50, 6 month chart, if sentiment stays okay the ST 21.5 cents then 28-32cents. (Mcap: $126m)
Spotted by: Trees (No Position Held)

NMR - (Very large thermal Coal in Botswana) A classic spike and retrace on this stock. Wait for retrace to complete and for support to show (Mcap: $12m)
Spotted by: Freehold (Position Held)

NWE - (Oil/Gas in Perth Basin) Has broken through downtrend that has been place for several months and retraced to support above the downtrend line. Expect it to bounce off this line as support area and head north albeit slowly (Mcap: $44m)
Spotted by: Freehold (No Position Held)

ALK - (Au,Cu Zircon and REE) Very strong breakout last week with a very nice low volume test into an area of previous intense supply. Looks prime IMO for another leg up. (Mcap: $335m)
Spotted by: Angin (Position Held)

VMT - (Electric Scoot Contract manufacture in Asia) Spike on news of recent contract award in China has result in a gap up and subsequent mini retrace. Support has entered and expectation that the stock may rally to a new high. Entry on break to new high with volume.(Mcap: $9.7m)
Spotted by: Freehold (No Position Held)





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