
What’s Hot – MRD, MGU, RML, SQX, TG1, AVM, LSR, OLY, PNN, BGD, PGO, QPM & AWJ
What’s Hot
MRD – Mount Ridley Mines Limited today closed up 29% to finish at 3.1c on $1.7m stock traded. The reason they were up today was because they announced a mineral resource estimate (MRE) for its Mt Ridley Project located 25km northeast of Esperance, WA.
MGU – Magnum Mining and Exploration Limited today closed up 25% to finish at 0.5c on $230k stock traded. The reason they were up today was because they announced exploration results from its Parker Project located in Arizona.
RML – Resolution Minerals Limited today closed up 22% to finish at 5c on $2.1m stock traded. There was no news out today but last week they announced the commencement of a phase 2 drill program at its Horse Heaven Gold-Antimony-Tungsten-Silver Project located in Idaho.
SQX – SQX Resources Limited today closed up 21% to finish at 17c on $800k stock traded. The reason they were up today was because they announced an exploration update for its Red Bird Gold Project located in Arizona, USA.
TG1 – Techgen Metals Limited today closed up 17% to finish at 6.1c on $220k stock traded. There was no news out today but earlier this month they announced a drilling update for its Mt Boggola Project located in WA.
AVM – Advance Metals Limited today closed up 16% to finish at 8.8c on $590k stock traded. The reason they were up today was because they announced a drilling update from its Myrtleford Project located in the prolific Victorian Goldfields.
LSR – Lodestar Minerals Limited today closed up 16% to finish at 2.2c on $3.2m stock traded. The reason they were up today was because they announced the commencement of a second drill hole at its Three Saints Project located in northern Chile.
OLY – Olympio Metals Limited today closed up 15% to finish at 6.1c on $140k stock traded. There was no news out today but yesterday they announced assay results from its Bousquet Gold Project located in Quebec, Canada.
PNN – Power Minerals Limited today closed up 15% to finish at 11.5c on $360k stock traded. There was no news out today but yesterday they announced a non-binding term sheet was entered with Summit Explore Corporation (Explore) for a strategic investment and development of its Salta Lithium Project located in Argentina.
BGD – Barton Gold Holdings Limited today closed up 12% to finish at 82c on $1.4m stock traded. There was no news out today but last week they announced announce the start of pit optimisation drilling at its South Australian Challenger Gold Project.
PGO – Pacgold Limited today closed up 11% to finish at 9.8c on $200k stock traded. There was no news out today but last week they announced assay results from its White Dam Gold Project located in South Australia.
QPM – QPM Energy Limited today closed up 11% to finish at 3c on $150k stock traded. There was no news out today but roughly a fortnight ago they announced upgraded reserve and resource estimates for its Moranbah Gas Project (MGP) located in QLD.
AWJ – Auric Mining Limited today closed up 11% to finish at 31c on $550k stock traded. The reason they were up today was because they announced the finalisation of all gold sales for Munda Gold Mine Starter Pit located in WA.
Rats Rant – IMPORTANT INFORMATION
The idea of this report is to be informative and hopefully point out some stocks that you wouldn’t ordinarily have seen during the day, maybe even have a laugh too.This report IS NOT personal advice. Sanlam Private Wealth Pty Ltd DOES NOT PROVIDE personal advice, Sanlam Private Wealth provides General Financial Product Advice.All advice included in The Rat’s Rant is General Advice. Please refer to the General Advice Warning. The views expressed in this report are my views and may not necessarily reflect the same views as Sanlam Private Wealth.It is very important to refer to the ASX website for information on any companies / stock that are contained in this report and as always please consult your financial adviser before acting.
Important Notice
Rat Consulting Pty Ltd (ABN 81 148 181 588 ) Authorised Representative (No 001281456) of Sanlam Private Wealth Ltd (ABN 18 136 960 775) holder of Australian Financial Services Licence (AFSL 337 927).