What’s Hot – TM1, BM8, PNN, PVT, AVM, AT4, GRL, PXX, RML & OMA
What’s Not – TDO
What’s Hot
TM1 – Terra Metals Limited today closed up 29% to finish at 18c on $1.9m stock traded. The reason they were up today was because they announced assay results from its Dante Project located in WA.
Initial assay results from first-pass reconnaissance drilling at the SW5 target have confirmed a second PGM-Cu-Ni sulfide discovery at the Southwest Prospect.
BM8 – Battery Age Minerals Limited today closed up 26% to finish at 13.5c on $820k stock traded. There was no news out today but last month they announced the completion of drilling programs at its El Aguila Gold–Silver Project in Argentina and the Bleiberg Zinc–Germanium Project in Austria.
PNN – Power Minerals Limited today closed up 25% to finish at 12.5c on $800k stock traded. The reason they were up today was because they announced the termination of the Rincon Lithium Joint Venture with Navigate Energy Technology.
AVM – Advance Metals Limited today closed up 21% to finish at 17c on $5.3m stock traded. The reason they were up today was because they announced assay results from its Yoquivo Silver-Gold Project located in southwestern Chihuahua, Mexico.
AT4 – American Tungsten & Antimony Limited today closed up 14% to finish at 16c on $6.5m stock traded. The reason they were up today was because they announced a drilling update at its Antimony Canyon Project (ACP) located in Utah, USA.
GRL – Godolphin Resources Limited today closed up 14% to finish at 4.1c on $850k stock traded. There was no news out today but last month they announced an exploration update for its 100%-owned Lewis Ponds gold, silver and base metals project located in the Lachlan Fold Belt, NSW.
PXX – PolarX Limited today closed up 13% to finish at 2.6c on $340k stock traded. There was no news out today but back in November last year they announced the commencement of trading on the OTCQB Market in the US under the ticker PXXXF.
RML – Resolution Minerals Limited today closed up 11% to finish at 6.2c on $8m stock traded. The reason they were up today was because they announced exploration results from its Horse Heaven Project located in Idaho, USA.
OMA – Omega Oil & Gas Limited today closed up 10% to finish at 44c on $550k stock traded. There was no news out today but back in November they announced a binding term sheet was entered to acquire a 19.43% equity interest in Elixir Energy (EXR.asx).
What’s Not
TDO – 3D Energi Limited today closed down 35% to finish at 10c on $3.7m stock traded. The reason they were down today was because they announced exploration results from its Charlemont-1 exploration well within VIC/P79 exploration permit located offshore the Otway Basin, Victoria.
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).