On Stockhead today, the traps and the opportunities – how to play a global pandemic, wise words from renowned investor Rick Rule on what happens to gold following a market panic and Israeli researchers reckon they can come up with a coronavirus vaccine in just 90 days.

But first…

 

The day ahead

Today all eyes are on the Reserve Bank’s monthly board meeting. It is possible but not certain it will cut interest rates following the spread of coronavirus and fears about it across the global economy.

Also today we’ll see our current account balance, net exports and building approvals. Finally the weekly ANZ-Roy Morgan Consumer index.

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

Tuesday:

CML Group (ASX:CGR) – corporate update
MGC Pharmaceuticals (ASX:MXC) – commercial sales agreement
AVZ Minerals (ASX:AVZ) – update on placement
Liquified Natural Gas (ASX:LNG) – funding arrangement and control transaction
Speciality Metals International (ASX:SEI) – capital raising
Anova Metals (ASX:AWV) – capital raising

Wednesday:

Terracom (ASX:TER) – interim stop order
European Lithium (ASX:ENR) – earn in and joint venture agreement
Vango Mining (ASX:VAN) – exploration results
Adavale Resounrces (ASX:ADD) – capital raising and Tanzanian government update
Windlab (ASX:WND) – acquisition proposal

 

Markets

Gold: $US1,585.03 ($2,429.97) (+0.15%)

Silver: $US16.72 (+0.76%)

Oil (WTI): $US46.73 (+4.60%)

Oil (Brent): $US52.00 (+2.97%)

Coal: $US67.05 (+0.37%)

Iron 62pc Fe: $US86.46 (-0.14%)

AUD/USD: $US0.6528 (+0.20%)

Bitcoin: $US8,888.26 (+4.47%)

 

What got you talking yesterday

The word porphyry may not mean much unless you’re a geologist — but they are responsible for 60 per cent of the world’s copper.

On Twitter, users were most interested in Reuben Adam’s chat with one of the world’s foremost porphyry experts.

We have a Facebook small and micro cap chat group. If you’re not yet a member we’d love to have you join – which you can here.

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

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
KGM KalNorth Gold Mines Ltd 0.006 +100.00% $5.4M 916.0k
VMG VDM Group Ltd 0.003 +100.00% $20.8M 55.5M
DHR Dark Horse Resources Ltd 0.003 +50.00% $7.4M 500.0k
YPB YPB Group Ltd 0.003 +50.00% $5.1M 15.8M
HT8 Harris Technology Group Ltd 0.014 +40.00% $2.7M 48.0k
CTE Cryosite Ltd 0.07 +36.00% $3.2M 313.3k
AYR Alloy Resources Ltd 0.002 +33.33% $4.2M 500.0k
LRS Latin Resources Ltd 0.004 +33.33% $1.5M 2.1M
UUV UUV Aquabotix Ltd 0.002 +33.33% $1.2M 3.5M
LNG Liquefied Natural Gas Ltd 0.15 +30.43% $86.5M 8.0M
UCM Uscom Ltd 0.4 +29.03% $59.8M 8.9M
SPT Splitit Ltd 0.47 +27.03% $146.4M 4.7M
ICI iCandy Interactive Ltd 0.03 +26.09% $9.8M 282.5k
INF Infinity Lithium Corp Ltd 0.05 +25.00% $10.7M 299.1k
AEE Aura Energy Ltd 0.005 +25.00% $7.9M 12.1M
ARE Argonaut Resources NL 0.005 +25.00% $7.9M 800.0k
DDD 3D Resources Ltd 0.0025 +25.00% $3.5M 3.2M
PWN Parkway Minerals NL 0.005 +25.00% $8.4M 4.8M
SMD Syndicated Metals Ltd 0.005 +25.00% $4.7M 295.0k
DAU Dampier Gold Ltd 0.03 +23.81% $5.1M 146.0k
HMD HeraMED Ltd 0.13 +23.81% $13.5M 221.0k
PAB Patrys Ltd 0.02 +23.08% $17.2M 4.1M

 

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
JPR Jupiter Energy Ltd 0.006 -33.33% $920K 150.0k
ERL Empire Resources Ltd 0.007 -30.00% $5.4M 2.8M
TGA Thorn Group Ltd 0.12 -29.41% $38.7M 3.5M
TSC Twenty Seven Co Ltd 0.005 -28.57% $7.4M 26.9M
MJC Mejority Capital Ltd 0.03 -28.57% $3.5M 60.0k
ADO Anteotech Ltd 0.02 -28.00% $27.0M 7.2M
ESE eSense-Lab Ltd 0.006 -25.00% $1.1M 548.3k
ECG eCargo Holdings Ltd 0.03 -25.00% $18.5M 37.5k
TGO Trimantium GrowthOps Ltd 0.08 -24.24% $10.4M 3.8k
KIN Kin Mining NL 0.04 -24.14% $25.1M 1.3M
MAG Magmatic Resources Ltd 0.23 -23.33% $39.6M 2.6M
EGR Ecograf Ltd 0.05 -23.33% $14.2M 879.9k
GED Golden Deeps Ltd 0.01 -23.08% $2.8M 135.1k
BLZ Blaze International Ltd 0.01 -23.08% $2.1M 630.1k
EAX Energy Action Ltd 0.16 -22.50% $4.0M 10.0k
NCR NuCoal Resources Ltd 0.007 -22.22% $5.4M 604.3k
MSM MSM Corp International Ltd 0.007 -22.22% $5.9M 1.8M
FIJ Fiji Kava Ltd 0.06 -21.69% $4.5M 278.9k
SGC SACGASCO Ltd 0.02 -20.00% $5.4M 1.3M
ODA Orcoda Ltd 0.16 -20.00% $17.4M 1.6k
AUQ Alara Resources Ltd 0.012 -20.00% $7.5M 1.2M