Good morning everyone, and welcome to Tuesday 03 October – a date of some infamy as it marks the 38th anniversary of the death of Hollywood star Rock Hudson from AIDS.

Hudson’s death sparked the beginning of the moral panic related to AIDS, leading some 43% of Americans to believe that the disease was a “punishment from God” for those who were leading “immoral lifestyles”.

It was a particularly frightening day, however, for thousands of geologists living around the globe, after banner headlines reading AIDS KILLS ROCK had quite a number of them concerned that their already somewhat dangerous choice of career had just become even more perilous.

It’s a timely reminder for everyone that it’s important to be armed with as many facts as possible before reaching a conclusion on any topic – and that’s why the Stockhead crew has been busy carefully crafting today’s fantastic feature stories.

They include Nadine McGrath’s wonderful round-up of who the best performers on the market were during Bad September, and Josh Chiat’s been digging around in Canada again to find out what’s what in the world hottest lithium hunting ground today.

Plus, here’s all the data and digits and bibs and bobs to get your motor running this morning as well.




Gold: US$1,857.70  (-0.44%)

Silver: US$21.95 (-2.27%)

Nickel (3mth): US$18,702.50/t (-0.98%)

Copper (3mth): US$8,267.00/t (-0.16%)

Oil (WTI): US$91.07  (+0.31%)

Oil (Brent): US$92.47 (+0.29%)

Iron 62pc Fe: US$119.74/t (+0.04%)

AUD/USD: 0.641 (-0.34%)

Bitcoin: US$27,987.10 (-0.03%)



Christian went data-diving to find out who’s hoarding all the gold around the world – and the results were pretty surprising, and had a lot of you talking around the water cooler this morning.




Here are the best performing ASX small cap stocks:

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Yesterday’s Small Caps highlights were:

Galileo Mining (ASX:GAL) up 37% and making decent progress on delivering a maiden Indicated and Inferred Mineral Resource Estimate for the company’s Callisto Pd–Pt–Au–Rh–Ni–Cu sulphide deposit.

Galileo says it’s sitting on 17.5 Mt @ 1.04g/t 4E1, 0.20% Ni, 0.16% Cu (2.3g/t PdEq2 or 0.52% NiEq3), and the contained metal includes 585,000oz 4E, 35kt Ni and 28kt Cu (~1.27Moz PdEq or ~91,000t NiEq).

Roughly 8Mt (46%) of the resource is inside the indicated category with a 2.5g/t PdEq grade or 0.58% NiEq (metal content within indicated resource category of ~639,000oz PdEq or ~45,800t NiEq).

Biotron (ASX:BIT) continued it’s solid run on Monday, picking up from where it left off on Friday and adding another 29.4%, again on no news.

“The ASX has already been through the motions of the standard “is there something you’re not telling everyone?” routine, thanks to the company’s  recent sharp rises – and in surprising volume for the third session from the past five – following positive-but-not-headline-making news around this time last week.

Gold Mountain (ASX:GMN) lived up to its name, finding a fathomless 40%. Leeuwin Metals (ASX:LM1) also made some ground – up about 20% despite no market-moving news since 04 September. And, Infinity Mining (ASX:IMI) is climbing on no fresh news, up 22.7%.

Alderan Resources (ASX:AL8) gave back half its earlier gains to close at +10%, after snapping up 100% ownership of seven lithium exploration projects consisting of 24 granted exploration licences covering 472km2 in Brazil’s Eastern Lithium Belt.

Veem (ASX:VEE) added close to 20% on Monday. The Aussie designer and manufacturer of go-quick propellers says it struck JV deals with Sharrow Engineering to partner together to design them, and then VEEM will exclusively manufacture and sell Sharrow propellers worldwide, up to 5m in diameter, for inboard motor vessels.

Syrah Resources (ASX:SYR) climbed to 57c by just after lunchtime, ahead some 13%, after reporting of rising anode production in China and improved natural graphite demand, thanks to the burst of activity in the cheapest electric vehicle war.



Here are the worst performing ASX small cap stocks:

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Fenix Resources (ASX:FEX) – Pending the release of announcements in relation to a material right to mine transaction

Bulletin Resources (ASX:BNR) – Pending an announcement in relation to an update on its Ravensthorpe Lithium Project

Black Rock Mining (ASX:BKT) – Pending an announcement in respect to an update on debt financing progress for the Mahenge Graphite Project

Pharmaxis (ASX:PXS) – Pending an announcement by the Company to the market in relation to a company restructure.