On Stockhead today, one expert’s take on the Australian cannabis market and his three stock picks, how Australia’s sovereign wealth fund could benefit from investing in small caps and WA is the world’s most specie destination for mining investment.

But first…

 

The day ahead

Today in economic data Q4 private capital expenditure will be released. Also keep your eye out for private sector credit, which will be released tomorrow.

The following companies are in trading halts and are expected to exit in the next two trading days.

Thursday:

Marmota (ASX:MEU) – drilling results
Classic Minerals (ASX:CLZ) – drilling results
Alto Metals (ASX:AME) – exploration results
Meteoric Resources (ASX:MEI) – assay results
Decmil Group (ASX:DCG) – NZ Department of corrections update
NetLinkz (ASX:NET) – capital raising

Friday:

AHAlife Holdings (ASX:AHL) – capital raising
Focus Minerals (ASX:FML) – tenure forfeiture applications
Auroch Minerals (ASX:AOU) – capital raising
Oro Verde (ASX:OVL) – capital raising

 

Markets

Gold: $US1,642.87 ($2,506.90) (+0.50%)

Silver: $US17.88 (-0.73%)

Oil (WTI): $US48.69 (-2.32%)

Oil (Brent): $US53.59 (-2.69%)

Coal: $US66.13 (-0.44%)

Iron 62pc Fe: $US86.73 (+0.120%)

AUD/USD: $US0.6553 (-0.77%)

Bitcoin: $US8,821.08 (-5.19%)

 

What got you talking yesterday

Termites can be pesky but the CSIRO believes they could be useful for miners. It is investigating the potential for termite mounds to help explore for nickel and cobalt and this got the most attention on Twitter.

These were the most tipped stocks (weekly) on Stocks in Play:

 

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
T3D 333D Ltd 0.002 +100.00% $2.1M 250.0k
GNM Great Northern Minerals Ltd 0.007 +40.00% $2.4M 402.0k
PCL Pancontinental Oil & Gas NL 0.002 +33.33% $10.8M 667.5k
ATL Apollo Tourism & Leisure Ltd 0.34 +28.30% $63.3M 1.2M
VAL Valor Resources Ltd 0.0025 +25.00% $4.8M 1.2M
AAP Australian Agricultural Projec 0.011 +22.22% $1.7M 25.4k
TTT Titomic Ltd 1 +22.09% $126.9M 1.5M
VAR Variscan Mines Ltd 0.03 +21.74% $5.8M 156.8k
AFL AF Legal Group Ltd 0.14 +21.74% $8.4M 562.8k
AGE Alligator Energy Ltd 0.003 +20.00% $4.2M 3.6M
SKN Skin Elements Ltd 0.012 +20.00% $2.4M 1.0M
CFO CFOAM Ltd 0.07 +20.00% $11.7M 91.4k
AWN Arowana International Ltd 0.12 +20.00% $19.0M 308.0k
AMD Arrow Minerals Ltd 0.007 +16.67% $6.4M 2.1M
CE1 Calima Energy Ltd 0.007 +16.67% $15.1M 656.9k
DW8 Digital Wine Ventures Ltd 0.007 +16.67% $8.2M 16.8M
GTR GTI Resources Ltd 0.007 +16.67% $3.3M 140.0k
ICN Icon Energy Ltd/Australia 0.007 +16.67% $4.2M 40.0k
WRM White Rock Minerals Ltd 0.0035 +16.67% $6.6M 27.8M

 

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
SHK Stone Resources Australia Ltd 0.001 -50.00% $836K 750.0k
CAD Caeneus Minerals Ltd 0.001 -50.00% $2.6M 4.0M
IPT Impact Minerals Ltd 0.01 -33.33% $13.2M 15.5M
TRL Tanga Resources Ltd 0.001 -33.33% $1.9M 2.2M
MTB Mount Burgess Mining NL 0.001 -33.33% $1.1M 100.0k
APG Austpac Resources NL 0.002 -33.33% $5.8M 9.5M
GED Golden Deeps Ltd 0.011 -26.67% $3.1M 415.0k
SBR Sabre Resources Ltd 0.0015 -25.00% $1.3M 7.1M
PCH Property Connect Holdings Ltd 0.0015 -25.00% $1.0M 465.2k
BAS Bass Oil Ltd 0.0015 -25.00% $5.0M 500.0k
AMA AMA Group Ltd 0.59 -24.36% $431.6M 59.4M
BLK Blackham Resources Ltd 0.01 -23.08% $47.2M 62.7M
TSL Titanium Sands Ltd 0.03 -22.50% $24.1M 445.1k
CZL Consolidated Zinc Ltd 0.007 -22.22% $11.7M 5.1M
TMG Trigg Mining Ltd 0.05 -21.67% $2.7M 148.9k
NOR Norwood Systems Ltd 0.05 -20.63% $11.4M 1.6M
PNV PolyNovo Ltd 2.4 -20.53% $1.6B 14.7M
PKO Peako Ltd 0.012 -20.00% $1.5M 100.1k
LSA Lachlan Star Ltd 0.008 -20.00% $6.0M 4.2M
LNU Linius Technologies Ltd 0.02 -20.00% $18.9M 5.2M

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