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Short Term Trading Weekend Lounge: 23-25th Feb, page-99

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ASXcowboy

6,115 Posts.

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25/02/18

12:59

Post #: 31323967
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Originally posted by john435 ↑

Ok here's a big picture map that is very revealing .You can see why NST has taken a position in EAR and also you'll notice the junior called Bullseye that RED have launched a takeover offer for .It would seem to my way of thinking there is going to be further consolidation and takeovers in this part of WA .I reckon the next round of action will be further south .One might think that TNR's ground would be an attractive acquisition for RED and KIN would be a good bolt on for one of the majors as well .Another interesting thing I came across was a mob called Giard Pty Ltd which an ASIC search revealed to be DRG in disguise (funny cause Giard is Draig spelt backwards ). Giard / DRG hold a big position to the west of Agnew Gold Mine
Anyway I am of the opinion that there are at least 3 or 4 good leads in the map that warrant a small position or a spot on a watch list .I am holding SGQ , TNR and two others shown in the map which I haven't finished buying yet
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Hi John, The Yandal looks hot at present. Is TOE's Lake Maitland ground north of this map or just hasn't been inputted? Cheers mate.

Last edited by ASXcowboy: 25/02/18
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