Back in town

It's been a long time...

We quite often start things and we either lose interest, get too busy or it all becomes too hard.

I really enjoyed posting about the stocks that caught my attention and hopefully assisting others in identifying opportunities.  It's been over a year and a half since my last posting to this blog but I'm hoping to change this and start posting semi-regularly when I can.

I've sort of made a start with sending out some tweets to my followers recently.  For the times that I can't post in detail to my blog or it's a time sensitive piece of information I'll send out a tweet.  I highly recommend that you click on the "follow me on twitter" banner!

For those that have followed me on Twitter recently may have come across a couple of gems!  These have included alerts to watch:

• Toro Energy (TOE) - Identified that the MD of TOE was in India with Prime Minister to sign uranium deal ($0.08 -> high $0.13) and;
• Capital Mining (CMY) - Alerted to the acquisition of Chinese Cloud Computing company ($0.005 -> high $0.013)

Today and yesterday I also alerted followers to OGI Group (OGI).  I sent out a high priority tweet yesterday afternoon at $0.007 after the company announced that they were acquiring graphite licences adjacent to Triton Minerals (TON).  It took some time for the market to digest the news before the stock closed at $0.01.  Today the company went on to open at $0.014 and trade right up to $0.03 before settling down to $0.024 on close.

TON today announced it's Nicanda Hill Maiden JORC Resource.  Trading was very erratic.  In true TON style the stock opened up high before getting sold off to close up $0.09 at $0.405.

For a piece of nostalgia on TON and it's initial moves, I dug up a previous post here:

http://asxstockselector.blogspot.com.au/2012/08/syrah-resources-syr-nearology-play.html

How far they have come in two years!

Happy trading.

Today's movers and shakers

Whilst the Aussie market is trading sideways and still attempting to stay above that 4650 level, there's definitely a lot of money to be made in the smaller cap stocks with most days now showing some top gainers with share price movements of 40% and above.  Stocks that come to mind include Northern Uranium, Orion Metals, Avanco Resources and Peak Resources.

Today Avanco Resources received much attention today with it's announcement 'Iron Ore Project Update'.  Whilst there was information confirming the receipt of the initial payment from Vale for the Trindade North project the announcement also detailed the conditions of the purchase of the project all of which we have heard before.  Those that read the announcement more closely would have come across the statement "pending drill holes assays are expected soon, with abundant copper mineralization having been already logged for many of these holes. The Company is anticipating to be able to report further results in the coming weeks." in regards to the drilling completed at the Rio Verde Copper Project.  The shares finished up $0.026 to $0.096 on volume of a massive 306 million.

Galaxy Resources (GXY) had a nice little spike in it's share price before the company decided to put it's shares into trading halt.  The company is due to provide an update on the Mt Cattlin project and future financing arrangements.

Capital Mining (CMY) showed that anything rare earths is still the flavour of the month by surging 33% to $0.12 after hitting a high of $0.15.  The company copped a speeding ticket from the ASX for it's efforts.

Finally, I recently mentioned Apollo Consolidated (AOP) in a post regarding how it could be one to watch however had reservations about the number of shares that would flood the market (issued to Patersons clients).  Well, it appears that the overhang of stock is easily being soaked up by the market.  It also appears that the Patersons clients aren't selling the stock down but rather drip feeding it into the market.  This is evident today with nearly 35 million shares changing hands and the stock only increasing by $0.002.  I dont think it will be too long before it really starts to move.