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Australian Share Market Is Going Down The Gurgler
Published on 2012-02-16 23:29:52
Two weeks ago I put up a post about how the Australian economy was going to get left behind. In that post I put up a chart of our local share market and compared that to the rallying US share market. Now have a look at how our share market has traded over the past [...] > read more
Shorting Research In Motion (RIMM)
Published on 2012-02-14 01:14:23
Following on from my post about Apple and how strongly they have performed, a victim of their success has been Research In Motion (RIMM). Whilst this company isn’t the only mobile handset manufacturer that is getting blown away by Apple’s and Gooogle’s growing dominance in the sector, the stock chart is showing clear weakness. The stock [...] > read more
Uranex (UNX) – More Than Just Chinese Discussions
Published on 2012-02-13 22:25:58
It’s been a long time since I last looked at Uranex (UNX). My last post was back in March of 2011 when the stock was trading at 50c. Most uranium explorers have been treated no differently to other mineral explorers and have been sold down because of the European financial crisis. There was also the nuclear accident [...] > read more
Apple Inc (AAPL) – The Record Breaking Rally Continues
Published on 2012-02-13 18:49:58
For those who are using CFD’s to trade global stocks, my initial post about Apple Inc (AAPL) is worth a re-visit. At the time, Apple stock was trading at US$456.44. The summation behind my original post was that short term profit takers were holding the stock back from further gains. A technical resistance level was identified – and [...] > read more
Is Fortescue Metals (FMG) A Takeover Target
Published on 2012-02-13 17:11:49
If you go back to may last post about Fortescue Metals (FMG), you’ll notice that it was a shorting favourite. That was when everybody out there was thinking that the world was about to end due to the European debt crisis. How times have changed since then. Just five months on and there are growing rumours [...] > read more
Empire Oil & Gas (EGO) – A Late Rush Of Buying
Published on 2012-02-13 16:10:10
There has been no new news from Empire Oil & Gas (EGO) since my last post about the company back in early January. But one thing that really stood out yesterday was the huge surge in buying just before trading closing yesterday afternoon. You can see the spike in trading volume in the updated daily chart shown [...] > read more
Gold Rallies On Greek Bailout News
Published on 2012-02-13 02:37:19
Back in late January I put up a post on the strong recovery that gold had made after being sold down heavily late last year. Highs of US$1,763/oz were reached not long afterward. But since then, gold has been sold down and one of the factors at play was the ongoing wrangling over Greece’s bailout. [...] > read more
Gold Anomaly Limited (GOA) Releases More Promising Drilling Results
Published on 2012-02-13 01:54:10
My timing seems to have been well place when I put up a post about Gold Anomaly Limited (GOA) on Saturday. This morning the company provided a further update on their Crater Mountain Gold Project. Below are the highlights from the announcement: EXTENSIVE GOLD INTERSECTED IN NEW MINERALISED ZONE AT CRATER MOUNTAIN, PNG • NEV031 in new mineralised [...] > read more
Oversold Eden Energy (EDE) Sees Buyers Return
Published on 2012-02-13 01:32:38
It’s been a while since I last wrote about Eden Energy (EDE). My last post about the company was back in April of last year. The share price hit a high of 19c back then. But since then it’s been a downhill slide. Multi year lows of 3.5c were made last week, and this was something [...] > read more
Gold Anomaly Limited (GOA) – Early Signs Of A Possible Recovery
Published on 2012-02-11 02:40:14
Gold Anomaly Limited (GOA) is a stock that I have posted about in the past. The main reason we have been following this company is because of the potentially huge cooper/gold discovery at their Crater Mountain Project, which is located in Papua New Guinea. You can see from the above stock chart that there was a huge [...] > read more
Federal Government Oblivious To The Damage Being Done
Published on 2011-07-05 18:23:31
I thought the following article from Andrew Robb, which was published in The Australian is worth posting in full. It very accurately describes the current investment scenario in Australia. Unfortunately it isn’t good news! Labor a risk we can > read more
Brown Town
Published on 2011-07-03 21:29:32
Below is a parody of The Greens and their leader Bob Brown. As comical as it is, their policies are truly frightening. For now you can laugh at the parody but what happens to the country if they gain further influence and begin enforcing some of thei > read more
US Debt
Published on 2011-07-01 01:33:54
Below is a news video from The Australian. They report on the ongoing political wrangling over the US debt ceiling. The Democrats want to lift it so they can borrow even more money. The Republicans are saying there’s already too much debt. VIDE > read more
Boom Logistics Limited (BOL) – Succeeds In Debt Refinancing!
Published on 2011-06-30 15:00:23
Yesterday, debt stricken crane operator, Boom Logistics Limited (BOL) reported the successful refinancing of their debt. Below is the official announcement in full: BOOM LOGISTICS LIMITED – SUCCESSFUL DEBT REFINANCING Boom Logistics Limited ( > read more
IPGA Limited (IPP) – April Update Delivers A Re-Rating!
Published on 2011-06-30 04:31:44
IPGA Limited (IPP) is a stock that caught my attention back in mid April when the company released the following update on their recent performance. It showed that the company’s property websites were experiencing record growth in visitor traff > read more
Midcaps Shine As Money Pours Back Into The Market
Published on 2011-06-30 03:14:48
Today was a strange day as it still felt like a there was little opportunity. Attempting to find stocks that make gains of 30% or more – that are also backed up with solid buying – is still very difficult! It’s an odd thing to obser > read more
C @ Ltd (CEO) – Stunning Early Results
Published on 2011-06-29 04:23:41
It was just yesterday that I wrote about C @ Ltd (CEO). The stock price had broken through major resistance levels to make a new multi year closing high of 7.9c. The stock was rallying on no new news. But we did know that exploration had commenced at > read more
More Riots In Greece!
Published on 2011-06-28 22:24:40
VIDEO: Greece austerity protests turn violent > read more
Phosphagenics Limited (POH) – Strong Sales Results Reported!
Published on 2011-06-28 15:00:26
Back in May, I posted about a company called Phosphagenics Limited (POH). In that initial post, I mentioned that the company had announcemed the imminent launch of a revolutionary cellulite blasting product called Elixia®. The reaction from the m > read more
Market Reverts To Risk Aversion!
Published on 2011-06-28 03:22:24
Something that I recently put up on my YouTube channel was this video about the local ASX market turning to trash. Since then, the market has continued through a pattern of becoming bullish and then once again reverting to panic and risk aversion. Al > read more
Biomd Limited (BOD) – Merger Completed.
Published on 2011-06-28 03:00:12
Biomd Limited (BOD) is another stock that I have mentioned recently. My initial post was made a day after the company had announcement several high profile appointments as part of a restructure. This was after the recent acquisition of Allied Medical > read more
C @ Ltd (CEO) – A New Closing High!
Published on 2011-06-28 02:12:36
C @ Ltd (CEO) is a stock that the forum has been following for quite some time. The last time I posted about this stock was back on June 10, and it was a YouTube video post. At the time, the stock price had rallied on no new news, and had broken thro > read more
Quiet Trading Ahead Of European Market Open
Published on 2011-06-27 00:11:32
About an hour before our market closes the ASX is still trading near its lows of the day. The ASX200 is currently trading at 4,456 and is down 52 points from Friday’s close. The market appears to be treading water ahead of the European open. Ma > read more
Gold Is Tanking!
Published on 2011-06-24 21:19:08
Gold bugs might want to look at the above chart. It’s the daily chart of spot prices and it shows a sharp and sudden plunge! Whilst many have been lulled into a false sense of security about the long term outlook for gold prices and go > read more
Commentary – Greek Debt Default Almost Certain
Published on 2011-06-24 20:55:29
Italian Bank Sell Off Re-Ignites Market Fear
Published on 2011-06-24 20:28:05
Overnight the US markets copped another sell off. The Dow Jones fell 115 points after several listed bank stocks in Italy suffered an unexpected sell off. Whilst the reasons for the sell off in the Italian banks is still not known, this Wall Street J > read more
Juliar Gillard On Her Last Legs
Published on 2011-06-23 23:51:12
It’s the job of an opposition to attack the ruling government but this speech in parliament from the opposition leader makes a few points. Labor Party hard heads know their days are numbered with the polling being so bad, even though they’ > read more
Kevin Rudd Continues To Cause Trouble
Published on 2011-06-23 18:56:36
Here’s an interesting observation from former Labor Party leader Mark Latham. VIDEO: Mark Latham calls for Rudd’s sacking This current government is on its last legs and from an investment perspective – that’s very good news! > read more
Doray Minerals Limited (DRM) – Good Results Spark A Reversal
Published on 2011-06-23 04:12:17
If you go through the charts of some of the most recent posts I have made on the website, you’ll notice quite a few that show a bullish reversal candle pattern that’s known as a hammer. Quite a few of those patterns have begun to show u > read more
Murchison Metals (MMX) – Media Speculation Sparks 22% Rally
Published on 2011-06-22 16:00:33
Murchison Metals (MMX) is a former high flyer that has been sold down quite heavily recently. This is a stock I actually warned about in November of last year when major support had broken at $1.40. Over the past few weeks, as the market went into se > read more
Murchison Metals (MMX) – Media Speculation Sparks 22% Rally
Published on 2011-06-22 16:00:33
Murchison Metals (MMX) is a former high flyer that has been sold down quite heavily recently. This is a stock I actually warned about in November of last year when major support had broken at $1.40. Over the past few weeks, as the market went into se > read more
Reed Resources (RDR) – Strong Reversal!
Published on 2011-06-22 04:32:16
Just after the market had closed yesterday, I had noticed the strong recovery in Reed Resources (RDR) stock price on the day. After being sold down to new 6 month lows of 47.5c, the stock rallied to close at 50c, which was just below the opening pri > read more
Reed Resources (RDR) – Strong Reversal!
Published on 2011-06-22 04:32:16
Just after the market had closed yesterday, I had noticed the strong recovery in Reed Resources (RDR) stock price on the day. After being sold down to new 6 month lows of 47.5c, the stock rallied to close at 50c, which was just below the opening pri > read more
Nexus Energy Limited (NXS) – Investor Update Sparks A Reversal
Published on 2011-06-22 02:18:12
A stock that had caught my attention mid last week was Nexus Energy Limited (NXS). At the time I didn’t know what the reason would be for the reversal. It was the trading action in the stock that caught my attention and that was just before th > read more
Nexus Energy Limited (NXS) – Investor Update Sparks A Reversal
Published on 2011-06-22 02:18:12
A stock that had caught my attention mid last week was Nexus Energy Limited (NXS). At the time I didn’t know what the reason would be for the reversal. It was the trading action in the stock that caught my attention and that was just before th > read more
Greek Debt Fears Over Blown?
Published on 2011-06-22 00:32:15
Whilst I personally don’t know if the current debt trouble are going to continue affecting markets, I found the following opinions from a leading economist very interesting. He’s quoted in an article that was published in The Australian a > read more
Greek Debt Fears Over Blown?
Published on 2011-06-22 00:32:15
Whilst I personally don’t know if the current debt troubles are going to continue affecting markets, I found the following opinions from a leading economist very interesting. He’s quoted in an article that was published in The Australian > read more
Meanwhile, Rare Earth Prices Continue To Rocket North!
Published on 2011-06-21 19:56:23
Lately, we have seen a lot of panic selling in the market. Whilst many stocks have been sold down heavily, and that included rare earth explorers, rare earth prices have done the exact opposite. The following snippet from an article that has been pub > read more
IMF Delivers A Stern Warning
Published on 2011-06-21 16:00:22
This article about the IMF is generally optimistic on world growth prospects, but they deliver a stern warning over the dangers of the ongoing debt wrangling that has occurred in Europe recently: The IMF’s words are its strongest war > read more
Duluxgroup Limited (DLX) – New Record Highs!
Published on 2011-06-21 04:18:40
With the market in general totally crapping out over the past few months, finding stocks that have bucked the trend has been quite a challenge. One stock that caught my attention over the past few days was Duluxgroup Limited (DLX). As can be > read more
Northern Minerals Limited (NTU) – Drilling Commences!
Published on 2011-06-21 03:14:45
I have to confess that I wasn’t all too optimistic about how our market would trade this morning. I was actually very bearish! But one thing that I did highlight to the forum was the fact that rare earth prices were rocketing, and this w > read more
Jim Cramer Mentions That Lower Oil Prices Could Spur Economy
Published on 2011-06-21 02:24:57
The Mad Money episode shown below, which features Jim Cramer, is from last Friday. In the video he mentions the possibility of lower oil prices actually having a positive impact on the markets. His logic was that lower oil prices would give co > read more
Biomd Limited (BOD) – A Delayed Rally
Published on 2011-06-21 01:54:42
Yesterday, Biomd Limited (BOD) released the following announcement: bioMD Announces Board Changes, Appointment of New MD and Chairman * Christopher Catlow appointed Chairman * Lee Rodne appointed Managing Director bioMD Limited (ASX:BOD), a co > read more
Woodside Petroleum Limited (WPL) – Getting Belted~!
Published on 2011-06-20 04:08:50
When the market begins to turn to trash, the best trading opportunities to seek out are the blue chip stocks that report bad news. Markets that are in a state of panic won’t pay too much attention to good news, but bad news will get punished s > read more
Market Tanks Yet Again!
Published on 2011-06-20 02:45:53
As per my last post about our market turning to trash, the ASX200 initially opened very strongly today. But as the day wore on, the selling began. By the end of the day, the ASX200 closed 33 points lower at 4,451.7. In an earlier update back on June > read more
Carbon Tax Plebiscite
Published on 2011-06-20 01:24:45
Copper Range (CRJ) – Insider Buying?
Published on 2011-06-19 01:13:41
As I have already mentioned the other day, the overall market is beginning to look extremely weak. So seeking out opportunities has become very challenging. One stock that did catch my attention early this week was Copper Range (CRJ). I actually me > read more
Riots In China
Published on 2011-06-18 21:28:59
Lemons And A Lime
Published on 2011-06-18 19:50:31
Large Investor Dumps Stocks
Published on 2011-06-18 05:03:05
Following on from my YouTube post earlier today, the following article appeared in today’s Daily Telegraph. It reported that a wealthy businessman has quietly sold off all his shareholdings. ONE of the nation’s wealthiest businessmen, Ke > read more
Our Market Is Turning To Trash
Published on 2011-06-17 22:23:32
OMG! – Kevin Rudd Is Attempting A Comeback
Published on 2011-06-17 22:15:05
The video below is a spoof but there’s a lot of speculation out there of him making a tilt at the top job. > read more
Market Roundup – Gold Stocks Rally
Published on 2011-06-17 02:36:06
After a strong open, the ASX200 index got sold down. This was flagged in my update this morning. After dropping 15 points into negative during the afternoon, late buying pushed the market to a green close with the ASX200 ending up 5 points > read more
US Manufacturing Beginning To Show Weakness
Published on 2011-06-16 21:12:59
In the recent past I have expressed optimism about the recent economic decline in the US being just a short term glitch. My thinking was based on there only being short term shocks that were affecting the US economy. Events like the disruption of sup > read more
Market Roundup – More Selling Around The Corner
Published on 2011-06-16 19:46:10
The ASX200 index is up 30 points at the time of writing today in what is a quiet market. My most recent update on the market is located here. Manufacturing data from the US suggests that the US economy is beginning to show real signs of decl > read more
Market Roundup – Panic Selling Returns!
Published on 2011-06-16 06:50:39
The ASX200 index closed 87.6 points lower today in what was a panic stricken market. Major support did manage to hold but only just as the chart below shows. My most recent update on the market is located here. Subscribe to the asxguru channel on > read more
Empire Oil & Gas (EGO) – Forward Sales Agreement Being Negotiated
Published on 2011-06-16 06:43:11
Today, Empire Oil & Gas (EGO) released the following announcement regarding the negotiation of terms for the supply gas and condensate from their recently announced discovery. Below is the announcement in full: EMPIRE AND THE EP 389 JOINT VENTURE > read more
Riots In Greece
Published on 2011-06-15 18:09:23
Territory Uranium (TUC) – Rallies Strongly On Quantum Update
Published on 2011-06-15 04:29:53
Territory Uranium (TUC) is a stock that I first posted about late last year after the company had reported strong rare earth results from their Quantum Rare Earth Project. My most recent post about the company is located here. In the above you > read more
Market Roundup – Another Slow Day
Published on 2011-06-15 02:55:43
The ASX200 index closed 18 points lower today in what was a quiet market. My most recent update on the market is located here. Subscribe to the asxguru channel on Youtube.com. > read more
Market Roundup – A Late Rally Saves The Day!
Published on 2011-06-14 04:02:48
Below is an updated chart of the ASX200 index which is discussed in the youtube daily market update above. In the above video I also refer to this previous post which showed the initial bullish reversal signal. Subscribe to the asxguru youtube channe > read more
Another Earthquake Hits New Zealand
Published on 2011-06-13 03:37:55
Mikoh Corporation Limited (MIK) – Expansion Plans
Published on 2011-06-12 04:30:01
Mikoh Corporation Limited (MIK) is a company that recently caught my attention. As mentioned in my youtube video above the company made a series of announcements recently. Of note is the General Managers Address to Meeting from the recently held gene > read more
Market Roundup – Bullish Reversal Signal Given
Published on 2011-06-12 02:09:11
As discussed in the above youtube video, the chart of the ASX200, which is shown below, is showing a tweezer bottom. This is a very strong bullish reversal signal. Asxguru.com.au is not a financial advisor and does not give investment advice o > read more
Digislide Holdings Limited (DGI) – The Speeding Ticket Reply
Published on 2011-06-10 07:29:32
As mentioned in the above Youtube video – Digislide Holdings Limited (DGI) gave an interesting reply to a speeding ticket from the ASX. Click here to read the reply. Asxguru.com.au is not a financial advisor and does not gi > read more
C @ Limited (CEO) – Chart Shows A Breakout!
Published on 2011-06-10 06:55:26
My last post about C @ Ltd (CEO) was made back in early May. As is mentioned in the above Youtube video, the chart below shows a recent rally in the stock price. Yesterday there was a break past a major resistance level at 6c. One possible rea > read more
Alloy Resources Limited (AYR) – New Gold Discovery Produces A Rocket Rally
Published on 2011-06-09 03:57:58
Overlooked gold explorer Alloy Resources (AYR) made a new gold discovery today and the news was well received by the market. After opening at 3.4c, the share price rocketing to a high of 7.6c before closing at 6.3c. The close at 6.3c presented > read more
Market Roundup – Beige Book Allays Concerns?
Published on 2011-06-09 03:09:48
Asxguru.com.au is not a financial advisor and does not give investment advice or stock recommendations. The information provided on this website is for entertainment purposes only. Investors should seek professional investment advice. > read more
Mesoblast Limited (MSB) – Positive Phase 2 Results
Published on 2011-06-08 23:37:01
Mesoblast Limited (MSB) is a stock that I have posted about recently. This morning the company released the following announcement: Phase 2 Clinical Trial Results Show That Revascor™ Increases Blood Supply to Damaged Heart Muscle Mesoblast expands > read more
Pluton Resources Limited (PLV) – Signs Of Life After A Severe Belting!
Published on 2011-06-08 05:49:21
The above chart shows the heavy sell off in Pluton Resources (PLV). In the above youtube video I refer to a series of announcements that were released recently and those announcements were the reason for the sell-off. The first announcement released > read more
A Fake War In Afghanistan?
Published on 2011-06-07 15:21:03
Below is a screenshot of the tweet that was sent to me. > read more
Sabre Resources Limited (SBR) – High Grade Base Metals Discovered
Published on 2011-06-07 03:11:10
Sabre Resources Limited (SBR) released an announcement this morning showing that high grades of lead and zinc had been intersected from trench sampling at the company’s Harasib II prospect, which is a part of the Ongava Project, located in Nam > read more
Diatreme Resources Limited (DRX) – Major Resistance Broken!
Published on 2011-06-07 02:22:08
Diatreme Resources Limited (DRX) broke through a major resistance level at 12c today and rallied to a high of 13.5c before closing at 13c. Diatreme’s options were one of the top percentage gainers today, closing at 4.5c and managing a 45% gain > read more
Regal Resources Limited (RER) – Director Loads Up!
Published on 2011-06-06 05:06:32
My most recent post about Regal Resources (RER) is located here. The link to the change of director’s interest notice that is mentioned in the above youtube video is located here. Asxguru.com.au is not a financial advisor and does not give inv > read more
Market Update – It’s DEAD!
Published on 2011-06-05 23:12:04
Just a quick upload on my youtube channel. Out of interest, below is a little excerpt from Robin Bromby’s regular section in The Australian that was published in his Pure Speculation column last week: ILLUSIONS, delusions, confusions or, in ot > read more
Iluka Resources Limited (ILU) – Strong Price Gains Announced
Published on 2011-06-05 19:54:50
Iluka Resources Limited (ILU) made the following announcement this morning: 6 June 2011 MINERAL SANDS PRICING OUTCOMES Iluka Resources Limited (“Iluka”) advises that it has concluded discussions with its major high grade titanium dioxide custome > read more
A Very Odd Day – Lots Of Blood But Some Stocks Rallied Stongly
Published on 2011-06-02 05:20:23
On the back of some very bad economic data our local ASX200 copped a whopping 107 point fall to close at 4,600 today. Most investors would have been well and truly shaken by the rout. But I noticed something completely different. A select few stock > read more
Black Fire Minerals LTD (BFE) – Longonjo Rare Earth Project A Potential Giant!
Published on 2011-06-01 03:50:24
Back in late February, Black Fire Minerals LTD (BFE) announced that they had entered into due diligence for an exclusive option to acquire a 70% interest in the Longonjo Rare Earth Project, which is located in Angola. The initial announcement sugg > read more
Gunns Limited (GNS) – Market Update Prompts A Strong Rebound!
Published on 2011-06-01 02:53:14
Gunns Ltd (GNS) is a stock that I have posted about in the past. In my initial post, I expressed optimism of possible further gains but since then, the local market and the Australian economy have deteriorated sharply, and instead of further gains we > read more
Transit Holdings Limited (TRH) – Record Closing Highs!
Published on 2011-05-31 06:00:24
Finding stocks that actually went up during the past month has been a real challenge. But one stock that did actually deliver the goods was Transit Holdings Limited (TRH). My initial post about this stock was back on May 9 when the share price had c > read more
Red October Resources Limited (ROS) – A Company Making Copper Project
Published on 2011-05-31 02:46:32
Recently there have been a number of recent IPO’s that I have looked at and a number of them have shown strong potential. The frustrating thing is that almost every single stock I have identified has failed to react to very positive announcemen > read more
Linc Energy LTD (LNC) – Teresa Coal Sale
Published on 2011-05-26 18:09:50
Linc Energy (LNC) is a a stock that I posted about on my old website extensively. My last post about the company was in August of last year after the company had succeeded in selling a coal tenement located in QLD to Adani Enterprises. In that post > read more
Minemakers Limited (MAK) – A Deal Is Imminent
Published on 2011-05-26 05:36:04
If you have been following my site for a while, then you’ll know that Minemakers (MAK) is a stock that I have been following for quite some time. Minemakers has a lot of things going on but the main project has been their Wonarah Phosphate Pr > read more
Carbon Tax Will Cost Jobs
Published on 2011-05-22 04:03:53
Back in April I posted about an article that alluded to the possibility of the carbon tax actually leading to the increase of pollution as heavy carbon emitting industries pack up and move offshore. Not only that – a significant number of Austr > read more
Papillon Resources Limited (PIR) – Major Gold Discovery At Fekola
Published on 2011-05-19 05:47:40
This morning, African gold explorer Papillon Resources Limited (PIR) released the following update for their gold project called Fekola, which is located in Mali. The update was titled Exceptional Results Confirm Major Gold Discovery At Fekola and t > read more
Brambles Limited (BXB) – Growing In All Regions
Published on 2011-05-19 05:22:02
When Brambles Limited (BXB) released the following trading update just before the market opened I was confident that there would be a positive reaction. Although the trading update showed modest growth rates, the market in general had been very pes > read more
Market Stages A Solid Reversal
Published on 2011-05-19 02:08:40
Since my very tentative prediction of a reversal in our local market two days ago there has been an impressive turnaround. The updated chart of the ASX200 shows the candle signal I mentioned now being confirmed with two green candles. Whilst yesterda > read more
Wolf Minerals Limited (WLF) – Dumped Big Time!
Published on 2011-05-18 04:51:17
It was just last week that I had posted about Wolf Minerals Ltd (WLF) making new 12 month highs. The share price had been making steady gains ahead of the expected Definitive Feasibility Study for the company’s Hemerdon Tungsten and Tin Project an > read more
Phosphagenics Limited (POH) – Cellulite Cream To Be Launched
Published on 2011-05-17 06:08:23
This morning, Phosphagenics Limited (POH) released the following announcement about the imminent launch of their highly anticipated anti cellulite product. This is a product that I think will fly off the shelves. The market’s reaction to today& > read more
Market Update – Reality Versus Fear
Published on 2011-05-17 05:29:40
In my last post about the market back in early April I was very bullish about future prospects and it was a solid call with ASX200 rallying to highs of 4,976 which was just short of a major psychological barrier at 5,000. The sell off since those hig > read more
The Customer Advantage – The Next Big Thing On The Net?
Published on 2011-05-14 04:27:01
I’m not a big fan of multi level marketing and never was. Stuff like Amway and the likes never did it for me as I could always see through the fake smiles and sloppy handshakes of the representatives trying to expand their network. About five m > read more
Mount Burgess Mining (MTB) – Rare Earths Found In Namibia
Published on 2010-10-22 00:58:33
Mount Burgess Mining (MTB) is the latest company to make an announcement of rare earth mineralisation being discovered. According the the announcement the company had gone back and re-assayed old drilling intercepts from 2001 – when the company was exploring for diamonds on their prospect in Namibia, Africa. The re-assaying showed up rare earth mineralisation [...] > read more
Rox Resources (RXL) – Teck Resources Becomes Myrtle Parnter
Published on 2010-10-21 03:55:17
This morning Rox Resources (RXL) stunned the market with an announcement of a joint venture agreement with Canadian giant Teck Resources for the development of the company’s high grade Myrtle Zinc Project, which is located in the Northern Territory. The deal involved the subscription of 10 million Rox Resources shares at 5c and the requirement [...] > read more
Navigator Resources (NAV) – Rare Earths Funding
Published on 2010-10-21 03:07:49
I posted about Navigator Resources (NAV) in the middle of last week. That was when a major resistance line was being tested at 20.5c. I was expecting a break through but not long after we saw a sell off instead. The above chart shows a slide back to 19c at the beginning of this week. [...] > read more
Ram Resources (RMR) – Another Rare Earths Acquisition?
Published on 2010-10-20 04:09:35
Ram Resources (RMR) is a speculative stock and a very volatile speculative stock at that, so it isn’t for the faint hearted. If you look at the above chart you can see yesterday’s candle and it shows an open at 2c and then a run up to a high of 2.8c. Then the share price [...] > read more
Macquarie Harbour Mining (MHM) – US Expansion
Published on 2010-10-20 03:26:35
Macquarie Harbour Mining (MHM) released details of their US expansion this morning and the news was well received by the market. After opening at $1.33 this morning Macquarie Harbour Mining shares raced to a high of $1.56 before closing at $1.45 for a 20% gain for the day. The announcement on their US expansion included $12 million [...] > read more
Overland Resources (OVR) – Outstanding Drilling Results
Published on 2010-10-19 03:13:19
Another stock that opened very strongly today was Overland Resources (OVR) but this time the reason why was the exceptional drilling results that were reported before the market opened. The open at 16.5c was well above the previous day’s high of 13c and a substantial trading gap in the chart was made as a result [...] > read more
Greenland Minerals & Energy (GGG) – Bullish Sentiment Sparks Rally
Published on 2010-10-19 02:25:33
There was a very strong open for Greenland Minerals & Energy (GGG) this morning and admittedly it caught me by surprise and off guard. The open was so strong that a substantial trading gap was left in the chart with the stock price opening at a hefty premium at 74c. The open was well above the [...] > read more
Globe Metals & Mining (GBE) – Testing New Highs!
Published on 2010-10-18 03:50:12
It was interesting to see Globe Metals & Mining (GBE) gap sharply higher a few days after I had posted about the stock back in late September. The spike in the share price was the result of yet another rare earth prospect being identified at Mount Moambe, Mozambique. That news was made on September 28 [...] > read more
Aspire Mining (AKM) – Large Director Buy Order Sparks A Breakout!
Published on 2010-10-18 02:27:06
One of the very last posts that I made on my old website was about a company called Aspire Mining (AKM). That post was about how a recent and very positive update of their Ovook Coking Coal Project had sparked a jump in the stock price from lows of 8c to highs of 14.5c. That [...] > read more
Macquarie Harbour Mining (MHM) – Trading Halt Pending US News
Published on 2010-10-18 01:48:04
In my most recent post about Macquarie Harbour Mining (MHM) from the previous fortnight Saturday, I was predicting a further share price rally in the immediate future. But if you look up at the above chart, you can see that that did not transpire. We saw selling instead and I personally began to seriously doubt [...] > read more