From A Beach Somewhere

I had another look at Javelin (ASX: JAV). They are so small and their resource is not spectacular. This is one that I will avoid. I will not even list it for a future look.

 I had a quick look at Invion (ASX: IVX) and wasn't too impressed. Put this one aside for another look in 3 months, but I suspect the share price will drop another 20% or so (currently 11 cents).

Titanium Sands (ASX: TSL) is another good-looking micro cap explorer/miner. And they suffer from what most micro and small caps suffer fromm... (quite honestly) terible PR activities. In my opinion, PR companies do very little to help these guys, they merely format the information. The PR jocks are quite lazy and get paid well to be that lazy. However, TSL looks really good as a nice addition to any portfolio. The share price has a long way up to go, and it's starting from a very low base. My only concern would be to look at the balance sheet and the next quarterly just to see where they stand financially. I expect the share price to hold at about 0.5 cents, but it wouldn't surprise me if it hit 0.3 cents. I will check again in July.

Resources and Energy Group (ASX: REZ) is still waiting for WA approval. Meanwhile they are powering ahead. This tiny miner will kick goals and deliver strong results for its long-suffering shareholders. at 1.8 cents, I can't see it doing much until the new Financial Year. So I will check back in a month.

Dateline Resources (ASX: DTR, OTCQB: DTREF) looks like it has started its run up again. There is all sorts of chatter about possibilities, but the reality is that they have excellent prospects and strong management confidence.  Share holders are bout to get excited and bullish again. I reckon the taregt is 35 cents by the end of the year.

Now here's a long-term winner (in my humble opinion). Carvarvon Energy (ASX: CVN) is currently looking to buy back 10% of its shares. For those who don't knowwhat that means, it means that they will essentially spend cmpany money to reduce the number of hares on issue by 10% by buying them on the ASX, just like regular shareholders. This reduction in share numbers should see a comensurate rise in the share price, so right now is a good time to get in. And with major activity due in the middle of next year, there is a lot to like here. Just sayin'. 

Well it looks like the return of capital at Otto Energy (ASX: OEL) did what I thought (but I really had no idea). It reduced the share price by the same amount. Yes, some of the ROC had to be expressed as a dividend to satisfy the Tax Office, but otherwise all was as expected.  Interesting.

Looking at Benz Mining (ASX: BNZ) I get the feeling that investing now would be a risk too great for me (for others?). Yes, they have had some spectacular results, but the latest assays seem quite ordinary to me. Yes, management is confident, but they would be, otherwise they would not spend the money drilling there. Their accelerated drill programme will tell a lot more. But for me, this is a no go. I can't be everywhere, and this is a speculative one that stays on the shelf. Others may like the potential, so good luck.

Stavely Metals (ASX: SVY) looks good if they can achieve another round of excellent assay results. Yes, it's a risk but here's the thing: every share is a risk (even the so-called blue chip shares). Every single one. It all comes down to one thing: what is your tolerance for risk? SVY is like SHN, a lot of genuine potential. I like were these guys are going.

Strike energy (ASX: STX) is continuing its long-term goal of setting itself up as a big player in Western Australia's energy future. As the consolidate their operations and sharpen their focus I expect their share price to rise substantially. Currently at 14 cents, these guys have been around long enough to know what needs to be done. They now have a strategy, a revamped team, and a clear vision. This is one I would take a solid punt on with a 12-month+ timeframe. Yeah, I like this one. The only downside is that there are a lot of very big players in WA, and they tend to jealously guard their turf. Yes, I've seen it before (and profited from it). One to watch. The quarterlies will tell the story, so I'll check back at the start of August.

Lanthanein (ASX: LNR) is in the middle of a share placement and I suspect that the longterm hlders may reject the idea. At 0.1cents a share, and clearly needing the cash, this company looks (on the surface) like one to avoid until they start to get some solid results. But doubling their share numbers means any share price reward will be a long time coming. Followed by a concolidation. So shareholders will reduce their shares substantially; for every 30 shares owned, they will now own 1. So 30,000 shares will become 1,000. Will the share price go up 30x? I doubt it, even with the proposed name change (to ry and excape the past). In saying that, I admit that I done very little research on these guys, but what I have done indicates that there are much better investments out there. This is one I will avoid.

Arovella Therpeutics (ASX: ALA) is another biotech that is looking like doing very well. It is currently on the rise and I suspect that this is ahead of a news announcement (expected to be good). If I am right, this could be a 10-20% gain in the space of a few days. I will chcek back in a week to see how I went with my thoghts,

Despite the Trumpquake that happened across biotech, Neurizon (ASX: NUZ) continues to jump ahead. Yes, there was a drop when Trump made his pharma proclamation, but NUZ stuck to its guns and continued on. And it looks very good as they keep kicking goals. If I had some long-term cash available, I would probably get on board here and check back in a year.

Dateline Rosources (ASX: DTR, OTCQB: DTREF) looks like it is setting up for its next jump. There is a heap of news to come out in the next few weeks and the recent share price settlement seems to have stopped. Can I see the share price moving up 50%+? Yes. Can I see it going 100%+? Yes. More? Yes. All in a short space of time, perhaps as little as 6 weeks. Think about that. Doubling your money in 6 weeks. That's like beating the market for years in just a few weeks. Also, since DTR is now selling on the OTCQB board in the USA, the pressure on the shares has increased (as has the trading times. Let me explain it with a simple example and you'll get the idea. If DTR has 100 shares and is only listed on the ASX, then all shares are available in Australia (the only place they can be bought and sold). Yes, international investors can buy some but they have extra hurdles to jump over. Suddenly, DTR lists in the USA as well as Australia. Now there's 2 trading sessions each day (on...

Melbana Energy (ASX: MAY). Their share price is languishing and I don't expect this one to do much until the start of Cuba's dry season in Novemeber. Until then, it's a talkfest and planning session. Come November, drilling should start properly, more exploration should happen. I reckon these guys are worth a look in mid- to late-october.

When I first mentioned Sunshine Metals (ASX: SHN), just a couple of weeks ago, they were at 1 cents and I said they would be a great buy. Within a couple of days they went to 1.4 cents. That's a 40% increase in less than a week! Then they dropped back as some took profits. Now it looks like they are on the rise again. Sitting at 1.2 cents with fantastic gold assay results and more to come. Pluse Resource Estimate upgrades and mining studies. These guys look like they are really pushing hard so that they can take full advantage of the increasing gold price. Still a magnificent investment. I still reckon 2 cents before the end of July.

It's also in the diary to look at Dreadnougght Resources (ASX: DRE). I have always said that this is a great name for an exploration company, however it needs to be more than just a name. Currently this one is being sold down, and quickly. People panic because they make assumptions about why other shareholders sell (You can't exactly ask them because you don't know who they are). And when they panic, they follow suit and also sell. This is how markets can get manipulated. The truth is that people (and organisations, funds, etc) buy and sell for a variety of reasons. Perhaps they need the cashe right now (is it tax time?), perhaps they think their money could get a better return in another investment. Perhaps they are just sick of holding onto something that keeps promising and not delivering, perhaps... (you get the idea). And so, many people make their investment decisions based on what they think others are thinking. Dangerous. My advice is: make your own decisions based ...

Medallion Metals (ASX: MM8). I had these guys done to look at to see if their assay results were in. It doesn't look like it, but with a General Meeting coming up on the 16th of July the cynic in me says that there will be an announcement just before. We shall see.

Advance Metals (ASX: AVM) is continuing to explore the Myrtleford region of Victoria and the share prices continues to kick around just below 5 cents. With Twist Creek assays due (and, knowing what I do about the region)-, I expect those assays to be really very good) this is one that could give an almost instant boost to an investment. I reckon about 20% before the end of July. Let's see if it hits 6 cents. I still wonder how much community consultation these guys have done.

I had it in my diary to look st Tennant Minerals (ASX: TMS) abut now. Their share price is 0.6 cents (that's up 20% from when I last looked). These guys look like they have a lot going on and I don't expect anything spectacular out of them for some time, if at all. They quote some very ordinary historical figures to support their hope of an underlying mineral system, but I don't know. Let's see what progress is made around the end of the year.

Medallion Metals (ASX: MM8) has had some of their assay results come in and they look really good, and yet the market didn't respond much. Perhaps there's too much going on elsewhere in the world. They have successfully raised cash and have multiple assay results due over the coming days with an updated Mineral Resource Estimate due in the next few week. They have multiple workstreams leading to a Bankable Feasability Study and a Final Investment Decision. And while sll this activity is good, it is also very expensive. I think this is what the market may be concerned about. However, they did a cash raise at 21 cents and the share price has remained well above that, so there would seem to be strong shareholder belief in them. So these guys remain a strong little earner.

Last time I mentioned Sunshine Metals (ASX: SHN), I said they would double by the end of July. Well, they jumped 40% in a couple of days. Not a bad return, beating the market's (and the bank's) returns for a year in just 48 hours.  Now they have retraced that gain and are back at 1.1 cents and represent an excellent opportunity to make another good gain before the end of July. I was talking about them to a colleague the other day and said that SHN was a classic one for buying in, selling the gain, buying the drop, selling the gain, buying the drop, and so on. He agreed. Good luck if you're jumping in.

Dateline Resources (ASX: DTR and OTCQB: DTREF) is providing lessons on how the market works at the edges. Australia usually follows America's lead, but in this case people dumping shares in Australia are dragging the American price down as well.  Once the dumping is over (ie those wanting to get out are out) then the Americans will be back in control. Right now they are buying cheap DTR shares in Oz and selling them at a profit in the USA just a few hours later. It's called arbitrage. This is a great time to buy DTR (and DTREF) as this dumping will end soon and then the gates open upwards. Of course, this is not financial advice. But it might turn out to be good advice. Your call.

The name alone, American Rare Earths (ASX: ARR OTCQX: ARRNF), should get your interest, and it is listed in the USA as well. So as they progress and the excitment about rare earths continues this could be another company to watch. Their PreFeasibility Study is due at the end of the year. Check back in December.

There would seem to be an over-supply of lithium due to dramatically fewer electric vehicles being sold than anyicipated. And yet the producers are still digging it up (well, it is their business model). I can't see money in this sector for a few years as things slowly (very slowly) even out. Lithium futures are down dramatically and loooking to continue that trend. There may be some bargain shares in a couple of years. But by then battery technology may have moved on. This is a sector to keep an eye on.

 With the Trumo Administration showing little interest in nuclear for power generation and the (Australian) Liberals losing the election (and their nuclear power agenda), I can't see uranium doing more than plodding along for the next few years.

I had a look at Adelong Gold (ASX: ADG). They are expecting their first gold pour this month and that will do wonders for the share price (currently 1/2 cent). That said, there is a long way to go for these guys. They are confident, of course (otherwise they wouldn't be there), so this is down for a check back in 6 weeks, although I reckon the share price will be quite a bit higher by then. 

Resiources and Energy Group (ASX: REZ) is firmly focussed on gold and they seem to be making really good progress in maintaining their independence. The next announcement should be about approval from the WA Dept of Mines. I reckon that will boost the share price from where it is now (1.6 cents) back up over 2 cents. Doesn't sound like much? That's 20% or more, and that beats the banks and the market. If my money wasn't all tied up in DTR, this would be a BUY NOW.

Ioneer ((ASX: INR) is, in any other economy, a great looking company with awesome prospects. However, I have not changed my thoughts on the future of lithium, and that's the business that INR is in. They seem to have outstanding lithium, but there is also a global over-supply, and producers are still digging it up (that's what producers do), DoI See this changing in the next 12 months? No. INR may survive because they have an outstanding resource, but it's going to be a tough road ahead.

Elixir Resources (ASX: EXR) and Emporer Energy (ASX: EMP) are both looking to be a part of the solution to  Australia's energy shortage, and both with gas. Yes, they are in different parts of the country, but they are similar: Both are offshore; Both have achieved good flows; Both are in the early stages and about 18 months away from production; Bot are surrounded by large or major oil and gas companies (lending a lot more credence to and confidence in their claims. And both are under 3 cents a share. But this could change quite quickly. In the case of EMP, they are awaiting approval of their EIS and when that happens the share price will jump. In EXR's case, if the surrounding players release strong information, EXR is likely to benefit from that, even though they will have done nothing. Both look good for a solid punt.

 Strickland Metals (ASX: STK) has jumped more than 2 cents since I last looked at them and they remain a solid performer that, in my opinion will continue to deliver for shareholders. They are achieving great results from their drilling (though it seems quite deep down to me) and this will lead into a solid resource estimate due late this year. I just checked the term deposit rates for a 6-month term and it is around 4.5%.  Can STK beat that? I genuinely think they can, probably by a fact of 5, maybe more. Checking back in August.

Emporer Energy (ASX: EMP) look to be progressing things well. It looks like (looks cn be deceiving) the share price has hit its low and is now on a steady upwards trajectory. I think this is all leading up to an announcement about the acceptance of the EIS by the Vic government. When is that due? The wheels of government turn slowly, even slower when there is public consultation involved. The reality, EMP is in the energy business and looks to have extraordinarily strong assets, and Victoria is going to need that energy. So the prospects are good.  Check back in 6 weeks.

New Age Exploration (ASX: NAE) has had some pleasing assay results which define where they want to drill next. Management is upbeat, but that is the nature of exploration company management. The current Pibura assays are being resampled and a new drilling programme is being planned. Look for that to start in a couple of weeks with assays due 6-8 weeks later. No news out of the NZ operations, but at this price they are surely worth a punt. My money is elsewhere (DTR) and doing just fine. But I think that, at this price, there should be a solid return in the next quarter.

 Great Western Exploration (ASX: GTE) Here's what I said in late April: GTE - nice low price. Assasys are due in mid-June. I reckon they are good to look at in the first week of June as the indications from management (about the assay esults) are good (aren't they always?) Well, the results are in and ... NOTHING. Yep, a duster. And the share price has dropped to 1 cent. This will be disappointing for the company and the shareholders, but it highlights the enormous risks of investing in exploration (note, I didn't say "mining") companies. Had they come up with the goods, then shareholders would be paying off their mortgages. This time, nada. Unfortunately.  Will check back in 6 months.

Raiden Resources (ASX: RDN) just sent me an email updating where they are at. So I had a bit of a look. Yep, there are encouraging signs, including the expansion of the phase 2 drilling program at Vuzel. The reason for this is the encouraging results received so far. I suspect these guys are expecting really good assay results and a much better understanding of the ground they are drilling. And this will be a strong asset for the company. However, I think that these results will quickly be followed by a cash raising, almost certainly a private-invitation one. And this will keep the share price lower for a while yet. This is a very busy company, with a lot going on. Do they have enough cash and enough eyes everywhere to manage everything (including regulatory issues at Arrow)? Time will tell. My feeling is wait for the CR and then jump on. The share price is 0.6 cents, so I will keep an eye on these guys Checking back In August.

Tivan (ASX: TVN). Still no news about FIRB approval. I have asked the question about when this might be received. I suspect the answer will be "we don't know". I will update when I get a response.  However, they are looking extremely solid with the CEO stating that shareholders will be repaid "untold" over teh next 3 years. So this is looking like a strong and solid performer. And the best time to get in? Probably now.

I told a colleague about Snshine (ASX: SHN) on Monday and since then (3 days) they jumped 40%. I'm tied up with DTR, so I wasn't in. But SHN still has some way to go. Good looking ground and results due in the next few weeks. This one looks to be a great buy right now. Reassess when the results come out (mid to late July).

I know you have seen me go on about Dateline Resources (ASX: DTR), but there's good reason. They are imminently listing on the OTC board in the USA and this will open them up to a lot more investor eyes. This puts a lot more buying pressure (and scrutiny) on the company and allows the average retail investors an equitable way to buy in.  Get ready for that... today! Also, when DTR announce REE (rare earth elements, also known as rare earth oxides) results, they are likely to do it in percentage terms when almost everyone else can't achieve those levels and measures their finds in parts per million. For those who understand this, it will mean massive opportunity. For instance: 2,500 ppm is 2,500/1,000,000. This is 0.25%. So make sure you compare the same mathematical results when the time comes.