A Free Picks to get the ball Rolling for the upcoming week :-
FA -
LOM - Owns 40% share of World class Diamond tenements in Angola and surrounded by the companies who are the big players in world diamons such as De Beers. REcently found a high grade 131 Carat diamond in Trench sampling. Currently just start bauer drill (Bulk) testing 61 known or suspected kimberlites identified by a world class diamond specialist. In Quarterlty company stated that "Discussions with potential strategic investors at an advanced stage". They are also doing a detailed review of all magnetic anomalies near the 131.4 carat diamond discovery and new aeromagnetic survey expected to increase the number of priority kimberlite targets to be drilled at Lulo [Expecting drill results of inital Kimberlite Pipes] Spotted By: Freehold (Position held)
TA
LOM - (Diamonds in Angola) - Symetrical Triangle formation couple with a reasobably strong uptrend. Expect the Stock to test this ascending trendline and to bounce off it higher. Entry will be when the Stock moves above the upper edge of the symetrical traingle with volume or as it finds support and bouced of the ascending trendline. Spotted By: Freehold (Position held)
