short term trading - week starting 25th mar

Weekly Fundamental and Technical Analysis Prospects - Week Starting 25th Mar 2013 (No. 58)

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 Technical Analysis Prospects
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MOD - Gold in NZ, Copper in Botswana,

25/03/2013

See the high volume day a few weeks ago that’s the smarties getting in, see the little tick up on Friday that’s us retailers catching up. Don’t have a fancy name for it but I just see a high volume lift off from a long base pattern. Probably need it to break through 10c on volume for a confirmation of breakout. See it going back to 25c in short order, sky’s the limit on success !!! See Chart in Originating Post Link
Spotted by: V8

(Mcap:$30m)

Click Here for originating post


SFX - HM sands Copper, Nickle in WA,

21/03/2013

Current strength in a corrective market. Chart currently attempting to break to the upside from around 70 c with a bull flag forming around a previous high. Measured target, 161.8 fib and trend line all concur and suggested ST target of $1 or (30-40%). Divergence on leading indicators currently suggest this is going higher, Market permitting and of course- it could also break to the downside short term which would present an even better ST entry level IMO
Spotted by: Pilsner

(Mcap:$68.3m)

Click Here for originating post


LSR - WA Based Copper Explorer,

15/03/2013

Chart has consolidated after a short downtrend . Volume entered in the last few dats suggests this one is primed to break upwards from here. A breakout could be on the way, 8c? (See chart in link )
Spotted by: Strauss©

(Mcap:$5.4m)

Click Here for originating post


QMN - Copper in QLd,

13/03/2013

Technical’s show the stock has a history of spiking hard and is currently oscillating around the 3.5c level (see the chart) I’m expecting another big spike soon (See chart in link)
Spotted by: Strauss©

(Mcap:$32.7m)

Click Here for originating post




Weekly Fundamental Analysis Prospects
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CTP - Oil/Gas in Central Australia,

25/03/2013

The half yearly states that reserves will be announced in the next fortnight , probably directly after the Eater break . From a probable 17c open tomorrow Central will have to break a massive wall that should appear circa 20c . I believe the period where the options change their aspect from premium based to relative based is approaching . Hence I see a target price of 22.5c for the heads with the options fetching circa 7.5c . Giving them more or less equal value from the next move . A larger move on further news sees the options really taking off in relative gains . Farm out news in certainly in the offing
Spotted by: J8

(Mcap:$228.6m)

Click Here for originating post


MOD - Gold in NZ, Copper in Botswana,

25/03/2013

Drilling for multi million ounce gold deposit in NZ. Third Billionaire has just joined the company Peter Lim (see here for info on him http://en.wikipedia.org/wiki/Peter_Lim ), with James Packer, Twiggy Forrest, Chairman is Miles Kennedy, this guy has made more mining millionaires than anyone I know, from founding Macreas in NZ to SFR more recently 4c to $9.Just appointed new MD Julian Hanna founded WSA took them from 15c to 10.30 Botswana Copper Project (located between Discovery metal and Hanna Mining both the subject of recent takeover bids) is for sale and near completion according to most recent update, I expect that will yield the current MC in cash! TWO Diamond Drill Rig started drilling this weekend to expand the million ounce from surface JORC resource in place.
Spotted by: V8

(Mcap:$30m)

Click Here for originating post


CNO - Fiji - Focussed on Copper,

25/03/2013

CU is a hot sector and CNO has an almost guaranteed to produce good results drill programme coming up. At 4mil Market cap this has a JORC described as: "The Company intends to combine several geophysical surveys to highlight targets within and around the defined inferred resource of 4.53 million tonnes at 1.2% copper (Cu), 3.9% zinc (Zn), 29g/t silver (Ag) and 0.3g/t gold (Au)"This metal is worth an in ground resource value of almost a billion dollars with a high level of exploration upside expected. This stock got beaten down after its last drilling program focussed on areas outside of the main Udu area which yielded no significant results
Spotted by: Nihilism

(Mcap:$2.8m)

Click Here for originating post


CBS - Iron Ore in Brazil.,

25/03/2013

The company has pegged 50 tenements and begun surface sampling some areas. It has found a 300m x 300m area with surface samples of 65% hematite with low impurities. Next step is to find out how deep it goes, and I would be surprised if it only extends a couple of meters below the surface. It is close to infrastructure, which often makes or breaks iron ore projects. There could be many other high grade zones, and further exploration is needed. Market cap at 3.9c is $10m and there is cash of around $5m I believe available to drill. EV of $5m is way too low. Very early days in a potentially significant iron ore discovery. There are not many high grade DSO hematite discoveries made these days.
Spotted by: Umizoomi

(Mcap:$10.1m)

Click Here for originating post


BUR - Oil and Gas in US,

22/03/2013

Share price has retraced from 4 cents to a current low of 1.2 cents due to the current well containing large amounts of water and problems associated with isolating the water. Currently they are finding remedies to block the water from entering the well and therefore reducing the water flow is quite possible if they do find a remedy this will have a very positive effect on the sp. Well is currently producing 350000 a month in gross revenue, so the well is far from unproductive.
Spotted by: Malmoe

(Mcap:$5.5m)

Click Here for originating post


BBR - Gold near Bendigo, Graphite Sri Lanka,

22/03/2013

High grade gold near Bendigo and a new acquisition of a 90 percent graphite project in Sri Lanka . Catalysts are shareholder approval for acquisition and an exploration plan ...... and a drilling program for the Aus. gold . Historical hole of one metre at over a thousand grams per ton ......... Hello !Probably another " too early " tip but it will give some smarties a chance to get a few
Spotted by: J8

(Mcap:$5.3m)

Click Here for originating post


BDI - West African Gold Explore,

21/03/2013

Market Cap $3m Cash $1m EV $2mWest African Gold Explorer Could emulate the recent huge run of BGS which was capped at $4m with $2m in the bank a few weeks ago before it begun exploring its West African Gold Projects. BDI are about to begin exploring their West African Gold Projects
Spotted by: Strauss©

(Mcap:$4.6m)

Click Here for originating post


WGO - West African Iron Ore Explorer,

21/03/2013

Reminds me of NXR which ran from 5c to 18c, very similar setups both African Iron Ore Stocks both dirt cheap and wallowing away at the lows ignored (well NXR was until it spiked)both getting high grade DSO Fe drill hits Based on NXR Id expect WGO to maybe push to 10c"FURTHER HIGH GRADE IRON ORE ITABIRITE MINERALISATION ATYOUKOU/MEKAMBO EST PROJECT IN GABON HIGHLIGHTS• Drill hole YDK042 10 metres at 60.5 % Fe from surface• Drill hole YDK041 Ended in 67% Fe at 57 metres highlighting the open ended nature of mineralisation at depth Assay ResultsYKD007confirming high Fe content with the best result being 20 metres at 66.9% Fe"
Spotted by: Strauss©

(Mcap:$8.2m)

Click Here for originating post


SFX - HM sands
Copper, Nickle in WA,

21/03/2013

Metallurgy results announcement due within the next 2 weeks in relation to Thunderbird which is the mineral sands project in Dampier, hopefully the momentum to drive it up off this level. The Main interest I have in this stock is Red Bull, Aircore and DD program will be also ann'ed in the coming mths. Intentionally this is a longer term hold for me but just a chance ATM to get in here at perceived good level prior to the frenzy that will follow once Red Bull anns start to become more anticipated by the mainstream. For those who are unaware Red Bull is the Nickel Project 20Kms from Nova.
Spotted by: Pilsner

(Mcap:$68.3m)

Click Here for originating post


RGX - Copper and polymetallic explorer Peru,

21/03/2013

Since returned to lows and no interest at present. Very low market cap and EV . High grade targets being set , drilling program will kick off soon . A new high grade copper acquisition is also vey close .... Due diligence being finalised and an announcement is due anytime on both projects . Not many on issue and very tightly held onto.
Spotted by: J8

(Mcap:$2.2m)

Click Here for originating post


MYN - Gold in WA, Iron in Guatemala,

21/03/2013

Short term catalyst would be an acquisition as they are on the hunt or news about its Guatemala iron sands tenement. W.A. tenements cover approximately 219 square kilometres of the Gum Creek Greenstone Belt and are located 850 km north-northeast of Perth and 90km southwest of Wiluna. Access to the Gidgee tenements is by sealed road from Meekatharra, 120 kilometres to the northwest or from Sandstone, 140 kilometres to the south and then via station tracks. An abandoned railway easement runs from Wiluna to Mullewa where the current operating railway line from Mullewa to Geraldton is located. Infrastructure in the Mid West region is targeted for development by the WA Government to be focused on the planned Oakajee Port and Rail development.
Spotted by: Fibonarchery

(Mcap:$1.7m)

Click Here for originating post


CUU - Gold, Copper Uranium in Morocco & QLD,

21/03/2013

In discussions with a jv partner who has been undertaking DD for a few months, so news soon - expect it might be JKO Mining who bought Deutsche Rohnstoff Au plant/tenements, also PNN's which surround CUU. Also East Frome. Recent announcements re Queensland lifting of Uranium mining ban, and NSW lifting of Uranium exploration ban (CUU have tendered) will benefit CUU. PDN mentioned jv partner for their Qld tenements (to be announced this Qtr) - a long shot, but a possibility?
Spotted by: Tobyjack

(Mcap:$3.5m)

Click Here for originating post


CNS - Gold and base metals in NSW and QLD,

21/03/2013

100%-owned gold and base metal projects. Exploring historical goldfields, with focus on the commercialisation of large porphyry copper-gold deposits
Spotted by: Fibonarchery

(Mcap:$0.5m)

Click Here for originating post


RAI - Asian Focused Oil and Gas ,

19/03/2013

Asian Focused explorer and developer which expects cash settlement of $6.5m-$7m so will be cash backed at current levels following the settlement while still retaining a $22m NPV at Cadlao = a further 5c which is almost carried to production. So 2c cash backing plus 5c in another asset plus x for all the other projects Blade has indicated its preference in reacquiring Raisama’s 25% Working Interest in the Cadlao Project by paying the Company $6.5 – 7 Million as stipulated within the farmin agreement between the parties. Subject to confirmation that Blade has secured project funding, Raisama has signalled its interest in progressing this settlement as a way of moving the project forward and recognising value in the Company’s 16.25% Working Interest held through VenturOil Philippines Inc (VenturOil). Raisama’s project interest held through Venture Oil attributes to Raisama approximately 1 mmbbl of 2P reserves, which Gaffney Cline and Associates has previously valued at $22 Million on an NPV basis
Spotted by: Strauss©

(Mcap:$7.6m)

Click Here for originating post


EQE - Copper in Chile,

19/03/2013

Approval to commence drilling on their 100% copper project in Chile has been granted. - Drill rig to be on site by next week if not earlier. - Cash in the bank. - On-going sale of non core assets to continue the 2013 exploration program. - 48 metres at 1.35% Cu. - 10 metres at 1.73% Cu
Spotted by: Abss

(Mcap:$19.7m)

Click Here for originating post


VOR - Copper Explorer in Mongolia ,

18/03/2013

May have discovered an Oyu Tolgoi Cash $4m, Recent drilling in Mongolia has hit something like 600ms of Copper Bearing mineralisation with the drill cores showing "Frequent Visual Copper Mineralisation" and comparisons have been made to the Multi Billion Dollar Oyu Tologoi Copper Deposit "This hole intersected 604 meters of ignimbrite and block ash tuff frequently containing visual copper mineralization The assays from these intersections are currently pending. Additionally Patos have just taken a placement in the stock The last time they did this was with RXL after they saw the cores RXL doubled from the placement price shortly after
Spotted by: Strauss©

(Mcap:$25.4m)

Click Here for originating post


SBR - Copper in Namibia,

18/03/2013

Targeting high grade copper in Namibia across a number of quality tenements, especially Kaskara and Guchab.The Reverse Circulation (‘RC’) drilling at Kaskara commenced in late October. A total of more than thirty holes is planned across the outcropping mineralised zone, with twenty eight holes drilled to date. Samples from the majority of these holes are in the laboratory. These results are expected to become available in the coming weeks. Reconnaissance diamond drilling at Guchab has continued to intersect significant copper mineralisation in a number of locations across the prospect area, Results from this drilling should be released soon.
Spotted by: kellbys

(Mcap:$24.4m)

Click Here for originating post


POK - Targeting high grade Potash Utah, USA,

18/03/2013

Awaiting the issue of permits from the USA Bureau of Land Management’s (BLM) drilling permit approvals process for POK’s subsidiary, K2O Utah, to drill on Federal land. Expected to be issued within the next few weeks! The issuance of the permits will give POK legal control over the land and allow independent geologist Agapito to define POK’s maiden JORC compliant resource. Potash Minerals Limited has earned 90% of the Paradox Basin Potash Project. The Company's focus is on sylvinite, a high grade form of potash ore that is cheaper and more effective to process to a saleable form than any other form of potash ore. An Exploration Target estimated by independent consultants Agapito Associates, Inc. for Potash Beds 13 and 18 of 3.4 to 5.2 billion tonnes of sylvinite at an average grade of 23% to 34% KCl has been delineated within the Project.
Spotted by: kellbys

(Mcap:$24.4m)

Click Here for originating post


DAU - Gold/Copper in WA,

18/03/2013

With it's southern neighbour LSR seeing the largest volume in over a year on Friday and SRI releasing their plans for a sustained drilling campaign at Enigma 7kms to the southwest I think DAU is in the sweetspot with SRI stating that Enigma is " not constrained to the northeast" and that Sipa is "currently targeting primary sulphide mineralization which is likely controlled by northeast trending thrust faults and northwest trending accommodation faults "Not many shares on issue and a current EV of $0 DAU's SP will increase rapidly IMHO if a primary sulphide source is located in between Enigma and DAU
Spotted by: John435©

(Mcap:$5.6m)

Click Here for originating post






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Links to Previous Weeks Lists

No.57: Short Term FA & TA Leads (18th - 22nd Mar) Click HERE

No.56: Short Term FA & TA Leads (11th - 15th Mar) Click HERE

No.55: Short Term FA & TA Leads (4th - 8th Mar) Click HERE

No.54: Short Term FA & TA Leads (25th Feb - 1st Mar) Click HERE