This week’s Bulls N’ Bears top ASX runner is … Dalaroo Metals. Its stock rose more than 182 per cent to join Nimy Resources,Adherium and Firebrick Pharma.
Mining heavyweights BHP and Rio Tinto boosted the Australian sharemarket,which also benefited from the latest unemployment figures showing a slowdown in the labour market.
A second drill rig has rolled onto Strickland Metals’ Yandal project in WA to target previous high-grade intercepts of 39m averaging 6.1 grams per tonne.
Empire Energy Group says it has received commitments to raise $46.8 million from new and existing institutional shareholders,including two US heavyweights.
Strickland Metals has entered the lucrative Serbian gold game after grabbing the Rogozna project that has a resource of 5.44 million ounces of gold equivalent.
The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
Sell in May and go away,says the old stock market adage. Maybe that should be brought forward a week or two this time around.
Terrain Minerals is preparing to stare into a Nova-style “eye” magnetic feature at its Lort River project,with an AEM survey to kick off early next month.
Lincoln Minerals has doubled its graphite resource to a whopping 973,000 tonnes of contained graphite at its Kookaburra project on SA’s Eyre Peninsula.
Toubani Resources has unveiled more high-grade gold hits at its Kobada project in Mali as part of its push to prove up an existing 2.4-million-ounce resource.
Short-selling meme stocks can be a “yuuuge” mistake.