ALK

Why is the market underrating this stock when it announced such a great drilling result???

https://www.asx.com.au/asxpdf/20190329/pdf/443w3p52zc1p31.pdf

WAAAX

There are 5 Aussie companies that are the equivalent to the USA's FAANG.  Today, I added ALU (31.67) and APX (22.05) to one portfolio, after watching their price fall in line with the market.  All WAAAX share prices are overpriced.  Am I making the right decision?  I don't consider it to be gambling to lose because their progress has been good.

I also topped up on JIN but it went down!  Likewise, AZY went down too.  But nothing drastic.

KSN

I was informed about KSN by stockhead.com.au that notifies me of small companies...

It has 2.8 million ounces of gold resource and it is in elephant country.  However, the elephant is in PNG so it is easier to manage.

https://www.asx.com.au/asxpdf/20190321/pdf/443nm9mv9bc3w0.pdf

Also today, it discovered a covered historic stockpile, dumped when it wasn't economical to process because of its 'low' gold content.  There is no assay done but it could still have a decent amount of gold extractable by modern mill.  Around 2000, price of gold was about USD$300 per ounce, now around USD$1300 per ounce.

The share price was indifferent today!!!

http://www.kingstonresources.com.au/wp-content/uploads/2019/02/2019.02.18-Misima-drilling-update-draft-FINAL-for-lodgement.pdf

I want to buy more if it falls below my buy price at 2c today.

SPI independence

Is it true?  At 0650h, the US markets are all down by 0.5% but the SPI is up 10 points.  The price of gold is up a little, the price of minerals and oil are down a little... yet the ASX is expected to trade up at open.

I wonder who is betting that?!  Seems like they have forgotten that we are the USA's poodle or rather sheepdog.  They whistle and we run around...  So, I am expecting a lousy day, especially for tech stocks (NASDAQ is down more).

Paterson Region WA

New exciting area... in Paterson Region in WA.

Latest is Rio Tinto pegging huge areas there with a major copper discovery, together with gold.

However, what I am interested in is nearology, ie which tenements are already there, nearby, which are cheap and ignored.  So far there is ARV... 

There is one tenement there owned by a company listed in AIM (UK) called GGP which has discovered a huge amount of gold there, thick and good grade but not shallow.  ARV is next to it...

RIO's appetite has been whetted so is mine :-)