Good morning everyone, and welcome to Friday, December 1st.

Aussie shares are poised to slide lower on the first day of December after a mixed day on Wall Street. At 8am AEDT, the ASX 200 index futures was pointing down by -0.1%.

On Stockhead today…

S2 Resources (ASX:S2R) has begun a maiden drilling program at its Greater Fosterville project. The Mark Bennett-led explorer won the Victorian Government tender for the 394km2 tenement surrounding Agnico Eagle’s Fosterville gold mine in 2021. But can it find a repeat of Fosterville’s famous ~50g/t Swan Zone?

‎And Nadine McGrath’s got all the tech winners for November as the sector stretches its lead over the benchmark this year.

 

First, the day ahead…

TRADING HALTS

Memphasys (ASX:MEM) – Pending an announcement regarding capital raising

RocketDNA (ASX:RKT) – Pending an announcement regarding a capital raising

Estrella Resources (ASX:ESR) – Pending an announcement regarding the outcome of the awards ceremony in Dili for its Timor Leste Minerals Tender

Apollo Minerals (ASX:AON) – Pending an announcement regarding a capital raising

Surefire Resources (ASX:SRN) – Pending an announcement in relation to a Pre-feasibility Study having been completed

EV Resources (ASX:EVR) – Pending an announcement regarding a capital raising

Advanced Health Intelligence (ASX:AHI) – Pending the release of an announcement in relation to an agreement with a new partner

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$2,032.38 (-0.60%)

Silver: US$25.27 (+1.04%)

Nickel (3mth): US$17,122/t (+2.12%)

Copper (3mth): US$8,415/t (-0.68%)

Oil (WTI): US$75.71 (-2.76%)

Oil (Brent): US$80.47 (-2.90%)

Iron 62pc Fe: US$130.46/t (+0.06%)

AUD/USD: 0.6606 (-0.21%)

Bitcoin: US$37,790 (+0.02%)

 

WHAT GOT YOU TALKING

Clarity Pharmaceuticals (ASX:CU6) rose 8% this morning after results from its theranostic trial, SECuRE, evaluating 64Cu/67Cu-SAR-bisPSMA in patients with mCRPC (metastatic castration-resistant prostate cancer), showed that a patient had a drop in their PSA level to undetectable levels.

 

And then there was this…

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

 

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
WEC White Energy Company 0.002 100% 5,526 $68,406
CPM Coopermetalslimited 0.425 63% 19,951,032 $16,183,869
CRB Carbine Resources 0.006 50% 1,103,480 $2,206,951
KEY KEY Petroleum 0.0015 50% 310,000 $1,967,928
TZN Terramin Australia 0.039 39% 369,671 $59,263,756
PLG Pearlgullironlimited 0.043 34% 79,404 $6,545,337
IEC Intra Energy Corp 0.004 33% 2,497,250 $4,982,345
PAB Patrys Limited 0.008 33% 4,313,244 $12,344,684
WGR Westerngoldresources 0.037 32% 739,333 $4,303,275
DMG Dragon Mountain Gold 0.013 30% 144,508 $3,946,717
CHK Cohiba Min Ltd 0.0025 25% 400,000 $4,426,488
TSI Top Shelf 0.185 23% 160,660 $31,112,379
R3D R3D Resources Ltd 0.05 22% 341,466 $6,247,235
EXT Excite Technology 0.009 20% 2,586,798 $9,069,313
OPT Opthea Limited 0.5 19% 901,725 $278,379,626
ODY Odyssey Gold Ltd 0.026 18% 619,923 $16,841,832
WCN White Cliff Min Ltd 0.013 18% 18,373,733 $14,042,153
BPH BPH Energy Ltd 0.04 18% 19,397,269 $34,867,424
BFC Beston Global Ltd 0.007 17% 1,384,182 $11,982,281
IBG Ironbark Zinc Ltd 0.007 17% 2,508,522 $8,843,236
KNM Kneomedia Limited 0.0035 17% 327,593 $4,599,814
MOM Moab Minerals Ltd 0.007 17% 141,150 $4,271,781
PUA Peak Minerals Ltd 0.0035 17% 282,334 $3,124,130
ATV Activeportgroupltd 0.115 15% 20,872 $31,714,787
LDR Lode Resources 0.115 15% 211,368 $10,678,415
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Yesterday’s Small Caps highlights:

Cooper Metals (ASX:CPM) found more copper at its Brumby Ridge Prospect at the Mt Isa East Cu-Au project.

The latest assays look convincing – and the company says they “confirm bonanza copper grades” at Brumby Ridge.

For example, the drill hole called 23MERC028, returned:

– 71m @ 2.8% Cu & 0.05 g/t Au from 115m to end of hole at 186m, including:  24m @ 5.4% Cu and 0.10g/t Au from 115m hole 23MERC028 ended in mineralisation – 3m @ 1.88% Cu.

The company says that of the 5 drill holes to date, three have hit significant mineralisation and finished in mineralisation.

Meanwhile, Dragon Mountain Gold (ASX:DMG) has held its AGM.

The voting’s done and there was almost wholesale backing of the various resolutions including a 99.97% vote in favour of changing the company name.

Shares are up 50% so it must be a right cracker of a name – ‘cos Dragon Mountain Gold was pretty bloody good already.

 

YESTERDAY’S ASX SMALL CAP LAGGARDS

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap
NPM Newpeak Metals 0.027 -73% 947,502 $9,995,579
LBT LBT Innovations 0.012 -33% 752,160 $20,806,206
ADS Adslot Ltd. 0.002 -33% 14,933,927 $9,673,487
AMD Arrow Minerals 0.001 -33% 23,800,000 $4,535,648
4DS 4Ds Memory Limited 0.075 -29% 47,724,399 $183,601,416
BP8 Bph Global Ltd 0.0015 -25% 500,000 $3,231,126
CYQ Cycliq Group Ltd 0.003 -25% 49,001 $1,430,067
MCT Metalicity Limited 0.0015 -25% 4,233,247 $8,502,172
EWC Energy World Corpor. 0.016 -20% 1,997,185 $61,578,425
WIN Widgienickellimited 0.11 -19% 1,580,572 $40,222,582
SRH Saferoads Holdings 0.09 -18% 20,000 $4,120,796
BCA Black Canyon Limited 0.115 -18% 98,156 $9,239,212
CXU Cauldron Energy Ltd 0.014 -18% 7,369,564 $19,246,778
NFL Norfolkmetalslimited 0.37 -17% 1,389,764 $15,719,623
LVT Livetiles Limited 0.005 -17% 60,000 $7,062,664
PKO Peako Limited 0.005 -17% 18,608 $3,162,508
CCE Carnegie Cln Energy 0.052 -15% 681,070 $19,084,062
AQX Alice Queen Ltd 0.006 -14% 434,951 $1,018,444
AVE Avecho Biotech Ltd 0.003 -14% 120,000 $11,092,540
CBH Coolabah Metals Limi 0.06 -14% 40,000 $4,046,000
EEL Enrg Elements Ltd 0.006 -14% 2,502,659 $7,069,755
IVX Invion Ltd 0.006 -14% 351,637 $44,951,425
LNR Lanthanein Resources 0.006 -14% 20,710 $7,851,029
RLC Reedy Lagoon Corp. 0.006 -14% 168,000 $4,316,785
VRC Volt Resources Ltd 0.006 -14% 1,034,629 $28,910,747
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