Put together another short list of stocks for next week and perhaps the next few weeks.
Also added a section on exploration plays conducting significant drill programs and a few companies not widely known but worth some research. Again, aimed to find stocks that have or may have significant news that could push them higher in a weaker market.
Still holding cash back, only added small position in ELMO last week.
As always DYOR and good luck all for next week.
Any comments or alt views/charts welcome.
(Disc; own NUP,RER,ELMO,PSP from this thread)
Summary (since this got a bit long...again)
Breakouts....
DDT,THX,WDR,ROY,ELM,SFH,SBN
Potential breakout? Continuation/trend change
AMM,PCL,PWK,SUR,STX,BNO,CCC,WHN,CAH,COK,BKP,SLA
Significant drilling programs
TAS,LKO,PSP,TAM,RDM,NUP,MGO,UEQ
Worth some research imo.
YTC,RER,PVA,ORD,BLZ,LIN,MNR,PMH,HTE,WRL,NST,PGM.
Breakouts....
DDT - High volume breakout, will be on the DT list for next week.
THX - If further high grade results are released (in addition to current results) this stock will suprise a few, perhaps an SFR type run is just taking off?
WDR - Not much press on WDR, very high grade iron ore discovery in NT, jv with japanese major ITOCHU. Market just starting to pick up on this.
ROY - Overbought but high expections ROY will release THX type results from drilling, see previous reports. Possible TH next week.
ELM - Acquired potash project in Congo (republic not DRC), strong interest in shares after 2 months in TH, small placement at recent highs. Further re-rating after breaking out last week?
