Signs Of Life … 37 … about the same number as last week. Lots of new names which once again indicates how hard it is to get a runner in this part of the market.
Palladium was mentioned during the week as a potential mover. PGM was the obvious choice, and that is indeed running
Lithium is starting to find a bit of love, especially with the forecasted productions out of South America leading to an oversupply being proven to be a pile of BS. From South America GLN has run hard from 20 cents to 55 cents. The next on the horizon could be BMG, and to a lesser extent LKE.
My dear friend (???) Klaus Eckhof over at LSA has been busy the last 6 months evaluating potential projects. There was a little bit of volume at the end of last week to suggest there maybe something in the wind.
Iron stocks had a good run on rising prices. Iron prices dipped after that run, but may have stabilized around the end of the week? MGT is hoping to find an iron partner, following it's recent JORC update.
Coal has been in the headlines - both by the action China took, along with the action at ATU. Both AKM and PAK are looking likely.
BNO was mentioned in last week's Signs Of Life as having jumped over 10 cents … now sitting at 25 cents, with a yawning gap to 50 cents asking to be filled.
Bitcoin's price rise got a bit out of hand, and struck strong resistance at $4,200, Back around $3,820 right now, but displaying a steadier rise. I'm not writing off my tip on DCC just yet.
Apart from that, it's looking pretty bleak for stocks with an SP below 10 cents. Whew, that felt like Twitter. Mention 10 stocks a day, 50 stocks a week, 200 stocks a month … and then look back at your 40 winners and proclaim what a star you are.
Have a great weekend Heating up in Melbourne.
Almost forgot … SYT … smoke and mirrors giving headline revenue increases from it's Brazil acquisition. I expect this BS to continue with their March quarterly.
(20min delay)
