Bulls N' Bears (Commercial Content)

Good Morning, US Stocks rallied last night (Dow + 175 points), as crude oil rallied on the back of stronger retail sales (released Friday), while Apple finally broke through its recent downtrend, following Warren Buffet’s move to potentially buy the stock… Every time Buffet opens his mouth, he impacts the market in some shape or form.… incredible…  However, analysts believe that the rally is “short-lived” as US earnings are now out of the way, paving way for focus to turn to macro-data, including whether central banks will continue to stimulate the economy…  Housing data released last night showed that the US housing market, is holding up well… but what about AUS?

Blackham Resources have been furiously bolstering their gold resources at the Matilda Gold project in Wiluna on the eve of production which now looks imminent following the granting of a number of key approvals. In an extraordinarily good deal Blackham just paid $1.5m for a calcine tailings stockpile that has around $100m worth of gold in it - and Jorc compliant too. 

Good Morning, trust that you had a nice weekend and are looking forward to another busy week on markets… So what can we expect this week? Aussie gold stocks are “flying” as the AUD continues to fall and gold is well supported, following weak macro data… where to from here? 

There’s an old saying that everyone’s a genius with the benefit of hindsight. Looking back now it doesn’t seem that hard to understand why new Shark deterrent and detection company Shark Mitigation Systems jumped 30% above its listing price last week following on from its admission to the ASX on Thursday. The company's share price touched 26c last week after listing at 20c.

ASX listed Alterra are on the hunt for dairy land in WA suitable for a new style of dairy farming known as System 5. System 5 works on the theory that if cows are made comfortable and not exposed to extreme heat and cold and not made to walk many kilometres a day to be milked or get feed, then they will produce up to 50% more milk.

Good Morning,  It looks like the storm clouds are coming… again… US stocks fell for the first time in four days (Dow -217 points), reversing much of Tuesday's rally as disappointing results from Macy's Inc. to Walt Disney Co. heightened concern that American consumers remain hesitant to boost spending. The misses from Disney and Macy's sent consumer discretionary shares tumbling the most in three months as investors await Friday's government report on retail sales. What is interesting is that the latest rally in equities has been on near all-time-low trading volumes….Implications?

The European Commission’s Cosmetic Products Notification Portal has approved ASX listed MGC Pharma’s unique cannabis based skin care and cosmetic line to be sold in Europe. The approval marks a major milestone in the company’s strategy to distribute its MGC Derma Cannabidiol based cosmetic products throughout Europe via its partner network and online portal. 

Gold explorer Terrain Minerals has unearthed some exciting historic drilling results at Wilson’s Patch, about 3km from its Great Western Project just out of Leonora. The best results were 5m @ 4.2 g/t  gold from just 10m deep,  8m @ 3.89 g/t,  3m @ 6.56 g/t from just 22m, 7m @ 9.69 g/t which included a 1m intersection grading an impressive 33.6 g/t gold. 

Good Morning, no morning or afternoon note yesterday as we were on the road, but this is what we like to wake up to!Dow +222 points, Oil +3%, SPI + 29 points…. Go downstairs and grab your morning coffee, we should have a great day today… So BHP has come out stating that they will grow by over seventy percent without a commodities rally…. How are they going to do that? 

With only months to go before leaping into production in Wiluna, Blackham Resources have moved to de-risk the start up phase of the project by forward selling 20 000 ounces of gold at AUD$1701 an ounce.The company has a “Put” option over another 20 000 ounces that will allow them to sell gold at AUD$1575 even if the spot price drops below that figure.

Research house Pac Partners have tipped ATM player Stargroup's shares to reach 8.1c in the next 12 months, more than double their current price of 3.8c per share. Pac have undertaken an analysis of the company’s predicted forward earnings after tax and discounted them back to get a net present value of $33.4m worth of free cash likely to be generated.

Good Morning, trust that you had a nice weekend a, spent some quality time with family & friends and a great Mother’s Day…“Dear Malcolm, yesterday wasn’t all about you…. It was about our hard-working mothers, who give back so much to their families and the economy, itself… Couldn’t you have just waited for this morning to announce a 2 July Election?

Good Morning, today is the silver donut’s day… No, we’re not talking about Homer Simpson, we are talking about Macquarie Bank.. who releases their FY results. Unlike the Big 4 Banks, Macquarie’s earnings are largely based on deal origination, equity capital markets (ECM) and their fixed income and funds management businesses. Macquarie has done exceptionally well in diversifying their income streams in mortgage broking via Yellow Brick Roads (YBR), its investment in shopping centres and airports…

Good Morning, happy Thursday… Yes, it’s not quite Friday, but hey, we’re getting there… Last night, I went out for dinner with the management ofWeebit Nano (vending into RAD), an Israeli tech company “disrupting” Flash memory. Did you know that over 2% of America’s total energy usage is being used by data centres? Photos, videos, Instagram, emails…. The “cloud” is not somewhere in space…

Troy Resources have re-negotiated a debt deal with an excellent outcome that will free up cash to further develop their Karouni Gold Mine resource in South America. Karouni re-wrote the playbook when Troy managed to take the project from vacant land to producing gold bars in just 2.5 years having built the $130m mine in 9 months. it now produces gold at an amazing USD$412 an ounce. 

Accomplished base metals explorer Sipa Resources has experienced a breakthrough in their exploration activities at the Akelikongo project in Uganda. The company recently reported the discovery of an 11 meter mineralized zone that intersected matrix to semi-massive sulphides, potentially opening up a new high grade nickel/copper target area.

You might be forgiven for thinking commodities such as gold and Lithium are hot right now but MGC Pharma were literally knocked over in the rush during their recent medical cannabis capital raising. They went to market for just $3.5m at 4.4c a share but received $11m worth of bids into their book which was managed by Sanlam Private Wealth Pty Ltd.

Good Morning, an early start this morning as we head into Sky News to talk interest rate cuts, discuss impacts of the federal budget and last night’s movements… for those wanting to watch, tune in to Sky @ 8:15am.  Super Tuesday, you certainly lived up to expectations! Glen, thank you for listening…. It has taken you around 2 months to get off the couch and yes, the popcorn is nice and salty, but I do appreciate your input… it’s all about the budget this morning and ANZ, you’re the only bank to not pass yesterday’s interest rates cut in full… lift your game…

Good Morning, we have a “Super” Tuesday today… No… we’re not talking about the US election.. What is happening? At 2:30pm AEST, we hope that the RBA cuts interest rates to 1.75%.... then the much awaited, federal budget… will the new treasurer cut taxes? This is what we want to see… the question: how do we fund it?

There's nothing quite like the hunt for magnetic conductors in the exploration business to get the nickel and copper bulls dusting off their cheque books – especially when your ground is only 120 km from the goliath Nova Bollinger nickel find. Legend Mining have split 2 conductors into 5 with new ground surveys and are now planning to drill test them this month.

Hammer Metals have paid just $83 000 in cash and shares to secure an exciting copper/gold/cobalt exploration project near their Mt Isa operations that boasts historic drill results of up to 19m at 1.27% Copper, 0.38% Cobalt and 0.7g/t gold including 6m @3.45% Copper, 0.32% Cobalt and 2.0g/t Gold. It is just 16km west of CuDeco's goliath Rocklands mine. 

Good Morning, yes… It is Monday morning…. and guess what? It’s May… “Sell in May and go away?”… will this be relevant in 2016? Maybe… Global markets appear to be fragile, with US earnings providing to be “some-what” positive (although coming off a very low EPS expectations). On Friday,the Bank of Japan sat still and didn’t unleash any further stimulus… so what can we expect from AUS bank earnings today? WBC comes out first… how big will the SGH write-down be? Will net interest margins fall? Cash earnings remain flat… all likely..

Good Morning,Happy Friday…Yes, another short-fuelled week and the weekend is here, once again…

At an ASX meeting on 13 April 2016 the ASX raised the prospect of a number of potential changes to the Listing Rules.  The changes are intended to apply from 1 July 2016.  The changes may be subject to a brief consultation period. 

ASX listed medical cannabis company MGC Pharma has spread its wings into the Czech Republic after inking a deal to acquire Panax Pharma, a company that holds a medical cannabis breeding license in that country. Most licenses restrict the amount of THC in the plant however Panax comes with a license that is considerably more generous with regard to THC, potentially opening up new opportunities for MGC Pharma.

Blackham Resources have been working overtime to get their resource at the Matilda Gold project in Wiluna upgraded and ready for production expected to start as soon as next quarter – and they rarely miss when they put a drill hole down. Latest results are headlined by an 8.7 metre intersection grading 8.99 grams per tonne gold which included a 6m @ 11.95 g/t gold.

“The S&P 500 is at what I consider to be a key resistance area in that 2,090 range, so it’s going to take some good news to push through that,” said Alan Gayle, a senior strategist at Atlanta-based RidgeWorth Investments, which has about $37 billion in assets.

Good morning. It's been a great long weekend but it is now time to get back to business. Historically, May hasn't been a great month in equities and we're cautious, given the rally in global equities. the "Fear" and "Greed" index is now hovering around 75 and it appears the consumer confidence is on the rise... but is the rally losing steam? 

Stargroup has easily placed the 16% of its stock held by retiring director David Dickinson in an oversubscribed on market book build managed by the company’s Executive Chairman and CEO Todd Zani that raised $1.78m. Stargroup's two major shareholders, Mr Zani and Arthur Ognenis stumped up half a million dollars to support the book build.

Good Morning, happy Friday! It’s been a great week for global markets, driven by better than expected earnings and a pick-up in commodities…TheXJO is now above 5,300…. A level that it hasn’t witnessed for nearly six months.Iron ore closed up 8% last night to over $70/tonne… wow…. Remember that it was only a few months ago, when iron ore was trading near $38/tonne…

Unique Australian shark deterrent and detection company Shark Mitigation Systems have raised $3.5m and will officially list on the ASX today at 10am. The company are seeking to further commercialize two exciting new shark deterrent technologies that have been partnered by Google and Optus and researched by the University of Western Australia.  

So what happened last night? US stocks closed higher (Dow Jones +42 points), following weaker US oil production, sending Crude to the highest level in over 4 months…This is good news, as a rising oil price, is usually strongly positively correlated with economic growth…….