In the past there has been uranium and rare earths, today the latest craze is graphite stocks. Diggers & Drillers has been a publication that has always been a bit of a market mover but last weeks edition has really captured the attention of the market. I would never reproduce a copy of a research report for legal reasons however one of the stocks mentioned (Syrah Resources - SYR) has uploaded the report 'Welcome to the World of Strategic Mineral Investing' to their website and here is the link. The report recommended Syrah Resources and included a table of other graphite stocks including:
Archer Exploration AXE
Castle Minerals CDT
Lincoln Minerals LML
Malagasy MGY
Strategic Energy SER
Talga Limited TLG
A quick scan of these stocks today shows that most were up about 20% and very strong.
I don't usually blow my own trumpet and don't necessarily think that I am by saying this, but it was really interesting to look back at a post that I made over one year ago referring to Graphite. SER was trading at $0.10 pre ex entitlement to Tarcoola shares. Funnily enough, I also posted about SYR at the start of February when it was at just over $0.40!
I'm not making any recommendations in this post but merely pointing those to the Diggers & Drillers report that haven't read it and reflecting on previous posts.
Showing posts with label Strategic Energy (SER). Show all posts
Showing posts with label Strategic Energy (SER). Show all posts
Monday, April 30, 2012
Wednesday, February 1, 2012
Market Action Today
The market got hit today with the ASX 200 dropping 37 points to 4225.7. Fairfax Media (FXJ) jumped $0.075 to $0.815 after it was revealed that Gina Rinehard grabbed another 10% of the company. The stock had a massive turnover of over 226 million units. Questions are being raised as to whether she is trying to take control of the company to promote her political and resources views via content.
The market may have gone down today but there was still no stopping Maverick Drilling (MAD) and Syrah Resources (SYR). Take a look at their amazing charts below:
MAD has doubled since being mentioned in the The Motley Fool email recently however encountering oil in the first test well at their Boling Dome Field has helped it on it's way. I'm none the wiser on SYR however it's other graphite counterpart Strategic Energy (SER) has been also been strong of late with investors taking positions before the ex-date is announced on distribution of Mega Graphite shares.
Mantle Mining Corp (MNM) continued to strengthen since I first posted on it on 19/01/2012. Today the stock closed up $0.011 to $0.105 on healthy volume of 4.5 million shares. Watching the stock today the market depth has been improving. The stock just needs to break that wall of sellers at $0.105 (2,148,467 shares) and then it will be very interesting.
Finally, the most promising stock that came up on my trusty scan today was Pan Asia Corp Ltd (PZC). The stock traded 1.5 million shares and increased $0.03 to $0.145. I've seen this stock be a bit of a leaky ship before price sensitive announcements in the past.
The market may have gone down today but there was still no stopping Maverick Drilling (MAD) and Syrah Resources (SYR). Take a look at their amazing charts below:
MAD has doubled since being mentioned in the The Motley Fool email recently however encountering oil in the first test well at their Boling Dome Field has helped it on it's way. I'm none the wiser on SYR however it's other graphite counterpart Strategic Energy (SER) has been also been strong of late with investors taking positions before the ex-date is announced on distribution of Mega Graphite shares.
Mantle Mining Corp (MNM) continued to strengthen since I first posted on it on 19/01/2012. Today the stock closed up $0.011 to $0.105 on healthy volume of 4.5 million shares. Watching the stock today the market depth has been improving. The stock just needs to break that wall of sellers at $0.105 (2,148,467 shares) and then it will be very interesting.
Finally, the most promising stock that came up on my trusty scan today was Pan Asia Corp Ltd (PZC). The stock traded 1.5 million shares and increased $0.03 to $0.145. I've seen this stock be a bit of a leaky ship before price sensitive announcements in the past.
Wednesday, October 27, 2010
Strategic Energy Resources, great exposure to Graphite
When you hear of graphite you immediately think of the material that they use to make pencils, right? Graphite has many other traditional applications in that it is used for steelmaking and is consumed for refractories, brake linings, clutches and lubricants. This is all a little boring thus far however the exciting part is that the global demand for Graphite is increasing as it becomes more utilised in new age applications such as fuel cells, semi conductors and nuclear energy. Other applications also include lithium ion batteries for electric and hybrid cars.
Strategic Energy Resources (SER) is one stock with exposure to Graphite through it's Uley project in South Australia. The company through former management and under a different name have had Uley project for some time however due to low prices for graphite the project has been under care and maintenance since 1993. This is about to change. Demand for graphite is increasing and the mineral has been noted as one of 14 by the European Union as critical as a result of it only being produced by a small amount of countries. China produces 80% of the world's graphite and recently introduced taxes to curb export of the mineral. Sound familiar to rare earths?
Strategic Energy Resources recently made a non price sensitive announcement to the market on 05/10/2010 detailing much of this information in the form of a project update. The market took a day to respond but did push the share price to a high of $0.057 on 06/10/2010. Since then we've seen the stock hit a high of $0.079 on 18/10/2010. The share price has been a bit of a rollercoaster ride but it's only been in the last few days has the volume really dropped off and the share price steadied so maybe now is probably the time to accumulate.
Catalysts for the share price over the next couple of months include the possibility of a joint venture with Japanese companies and thus the recommencement of production. Shares in Strategic Energy Resources last traded at $0.062 (12:30PM).
Strategic Energy Resources (SER) is one stock with exposure to Graphite through it's Uley project in South Australia. The company through former management and under a different name have had Uley project for some time however due to low prices for graphite the project has been under care and maintenance since 1993. This is about to change. Demand for graphite is increasing and the mineral has been noted as one of 14 by the European Union as critical as a result of it only being produced by a small amount of countries. China produces 80% of the world's graphite and recently introduced taxes to curb export of the mineral. Sound familiar to rare earths?
Strategic Energy Resources recently made a non price sensitive announcement to the market on 05/10/2010 detailing much of this information in the form of a project update. The market took a day to respond but did push the share price to a high of $0.057 on 06/10/2010. Since then we've seen the stock hit a high of $0.079 on 18/10/2010. The share price has been a bit of a rollercoaster ride but it's only been in the last few days has the volume really dropped off and the share price steadied so maybe now is probably the time to accumulate.
Catalysts for the share price over the next couple of months include the possibility of a joint venture with Japanese companies and thus the recommencement of production. Shares in Strategic Energy Resources last traded at $0.062 (12:30PM).
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