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Any Stock Tips? - Part 2

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Keep a little look out for NGM, they just got some very encouraging results for several drill holes for Uranium in Nigeria
 
Actually its not my theory but to be honest the theory can never be wrong, can it?

For an index (as opposed to an individual stock) you can still not be 100% certain. You can say that every correction has been recovered except for the present one's. I personally see it hard to see the Japanese market back about 40,000. It needs to double and then double again, which given an 8% average return is going to take about 18 years.... a long time to wait if you had your money in in 1990 (38 years to get back to zero !!!)

I do think it will be interesting as the demographics shift. Old people spend less and require more spending on health etc. When you have a large part of your population not driving consumption what happens to the markets ? They will not die in a heap (the markets not the baby boomers) but what is going to drive growth ? The answer of course is the developing world and immigration which should see things right for a few decades to come.
 
Well closes 32% down at 3.6c on the back of news that the trial with 3M will be extended by 60 days.

...didnt end up selling half :(
I don't think factually this has changed anything. The only reason why SP has decreased so much is due to ST traders and people's stop losses being hit. I am going to buy more once I know it is not going any lower and we should see 5 cents again by the start of March.
 

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I don't think factually this has changed anything. The only reason why SP has decreased so much is due to ST traders and people's stop losses being hit. I am going to buy more once I know it is not going any lower and we should see 5 cents again by the start of March.

I can see it going lower when the new shares and oppies hit on the 2nd of Feb?

Also a bit concerned in regards to the amount of information OBJ is Not giving out in regards to the trial. They have continualy said they will keep share holders updated which they have failed to do so.

Also very concerned with a certain director on the board who I will not name and his father. His father has been put under the spotlight a few times in regards to being a director of a company that has folded after only just opening on the ASX, much to the dismay of shareholders.

Anyway I think I will still be holding come tomorrow :o

Stop loss will be between 2.2 and 2.7c though
 
Metgasco anyone. Stocked up in the low 60's, happy man.




Also doubled my MEO allocation. Heres hoping that long lost report comes out.....but I am very happy with MEL none the less. Carn you good thing.


anyone else still on em?
 
Metgasco anyone. Stocked up in the low 60's, happy man.




Also doubled my MEO allocation. Heres hoping that long lost report comes out.....but I am very happy with MEL none the less. Carn you good thing.


anyone else still on em?

I'm with ya SA, but I chose to go with more ESG than MEL so I only have around 1.5k's worth:thumbsd:. Anway the flow test was amazing 2.9mill scfd from 5 of 30 metres of gas play. Kingfisher at the momment is looking massive and there is still the Mackellar and CSG prospectss for MEL to develop. Seriously undervalued.
 
Bondi Mining fell 40% on Thursday on 620,000 volume. It crashed like a ton of bricks. Looks like they have not discovered anything uranium yet. Good thing I did not buy in a couple of weeks ago.
 
ESG had the reserve upgrade today and dropped 2.5c Im devestated.

I suggest any day traders exit the market or short the F*** out of everything.
 
Well over done the sell off. Just wish I had cash to buy!

Watch IOH rebound today, couple of anns due soon.

CCC a good spec.
 
I bought some SSN today purely on the massive spike in volume. Something's got to be happening there.
Got these guys at 1.4c, it hit 2c just recently. I love these sh*tty little stocks, they are bloody good fun. Grabbed some MHM at 26.5c. This is a stock that will do really well, i expect them to go 70c+.
 

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VIL and OBJ up 38% and 37% today respectively, get on

With VIL up another 25 - 30% today (currently), the boat may have been missed. Seems like everyone is trying to get in before the imminent flow test results.
 
still time, VIL retraced to .079 (up 8.33% for the day) as traders took profits. Next wave should hopefully see the 10c barrier being breached.
 
Still plenty of time on VIL. 3 separate pockets of gas/oil in the one well and they haven't confirmed production value on any of them yet. If they end up announcing that all 3 sections will produce then we'd be looking at 20c+ easily. Buy it on dips. :thumbsu:

MHM are making their run. Probably going to announce a deal with Wacker soon by the looks of things. The great thing about this stock is it is low liquidity so when good news comes out the price skyrockets.
 
Anyone looking for iron ore exposure in their portfolio please take a look at IOH set to announce an aggressive drilling campaign at Iron Valley. Already flooded the market with great drilling results, possible takeover or JV with RIO, Kerry Stokes owns 51% of the company and technically looks as though it could break through 2.50 or 60 today. Sounds like a blatant ramp I'm sure but no fear I have already made a bucket load out of this one and really think the stock is way too cheap.
 

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Got a mate in Banking, not high in Banking just your average manager type.
He got told by his State Manager to start buying FMG he tipped it to go to $7.00 currently $4.93.

Just saying that's all
 
Got a mate in Banking, not high in Banking just your average manager type.
He got told by his State Manager to start buying FMG he tipped it to go to $7.00 currently $4.93.

Just saying that's all

Apparently Iron ore is going up 30% .... so probably a good buy still...
 
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