On Stockhead today, resources expert Guy le Page says the pieces are in place for a bullish gold market, a Q&A with Group 6 Metals (formerly KIS) chairman Johann Jacobs, and how temporary actually is China’s steel collapse?

But first… the day ahead.

It’s a quiet one on the data front, but two more IPOs — a biotech play and another junior resources explorer — are on the cards.

Biopharmaceutical company Tissue Repair Ltd (ASX:TRP), which specialises in advanced healing products for chronic wounds, will make its debut after raising $22m from investors at $1.15 per share.

And copper/gold play Parabellum Resources (ASX:PBL) will also join the boards following a $5m raise at 20c per share.

TRADING HALTS

The following companies are in trading halts and are expected out in the next two trading days:

Thursday:

Pacific Nickel Mines (ASX:PNM) – assay results
Activex (ASX:AIV) – capital raising
Turaco Gold (ASX:TCG) – capital raising
Volt Resources (ASX:VRC) – European lithium license applications
Black Dragon Gold Corp (ASX:BDG) – capital raising
Kingston Resources (ASX:KSN) – acquisition and capital raising
Tinybeans (ASX:TNY) – capital raising

Friday

BCI Minerals (ASX:BCI) – capital raising plans
eMetals (ASX:EMT) – acquisition and capital raising
Ultima United (ASX:UUL) – new project
Magnis Energy Technologies (ASX:MNS) – response to Australian article

MARKETS (updated at 7.30am AEDT)

Gold: $US1,864.10 ($2,565.86) (+0.77%)

Silver: $US24.99 ($34.40) (+0.76%)

Oil (WTI): $US78.55 (-2.75%)

Oil (Brent): $US80.63 (-2.17%)

Coal: $US150.40 (+0.70%)

Iron 62pc Fe: $US92.76 (+0.82%)

AUD/USD: $US0.7265 (-0.51%)

Bitcoin: $US60,108.35 ($82,736.86) (+0.59%)

WHAT GOT YOU TALKING YESTERDAY?

Beer, wine and spirits were the order of the day. (More specifically, ASX stocks associated with those sectors that have posted double-digit percentage gains over the past year).

Also, another WA-based explorer joined that ASX boards and went ballistic.

This time it was Julimar nearology play Lycaon Resources (ASX:LYN) – which counts stock promoter Next Investors as a major shareholder — which surged by 190% on day one. Get the full rundown here.

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Also, be sure to check in at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

YESTERDAY’S WINNERS

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Code Company Price % Volume
LYN Lycaon Resources 0.565 182.5% 1,247,333
MLS Metals Australia 0.003 50.0% 14,611,560
RAN Range International 0.024 41.2% 65,499,483
LVE Love Group Global 0.13 30.0% 254,998
AOA Ausmon Resorces 0.009 28.6% 5,618,906
GAL Galileo Mining Ltd 0.26 26.8% 5,264,416
MCT Metalicity Limited 0.011 22.2% 33,463,397
RNO Rhinomed Ltd 0.275 22.2% 401,741
HMD Heramed Limited 0.315 21.2% 2,306,844
AS2 Askari Metals Ltd 0.23 21.1% 5,786,983
PTR Petratherm Ltd 0.052 20.9% 212,576
EN1 Engage:Bdr Limited 0.003 20.0% 1,037,333
OVT Ovato Limited 0.003 20.0% 3,526,505
RIE Riedel Resources Ltd 0.02 17.6% 2,231,439
ICI Icandy Interactive 0.135 17.4% 7,438,201
KMT Kopore Metals Ltd 0.034 17.2% 10,324,686
AEE Aura Energy 0.275 17.0% 3,037,821
ARE Argonaut Resources 0.007 16.7% 2,410,800
CNJ Conico Ltd 0.036 16.1% 5,307,362
FG1 Flynngold 0.185 15.6% 251,797
DEX Duke Exploration 0.235 14.6% 79,115
AHN Athena Resources 0.016 14.3% 7,127,200
IND Industrialminerals 0.32 14.3% 207,331
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Small cap resources stocks dominated yesterday’s winner’s list.

Among them was Galileo Mining (ASX:GAL), the $34m explorer backed by mining luminary Mark Creasy.

The company reckons it could be onto a massive sulphide discovery at its ‘Norseman’ project in WA’s rich Kambalda nickel belt, after uncovering some impressive samples near surface, even though GAL’s aircore drilling program was unable to substantially break through the massive sulphide.

Outside of resources, medtech company Rhinomed (ASX:RNO), which specialises in nasal technology to assist in things like improved breathing and sleep, jumped more than 20% on no news.

YESTERDAY’S LOSERS

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Code Company Price % Volume
LDR Lode Resources 0.245 -23.4% 2,967,415
AQD Ausquest Limited 0.015 -21.1% 8,531,737
CCE Carnegie Cln Energy 0.002 -20.0% 95,915,991
XST Xstate Resources 0.004 -20.0% 15,917,073
YPB YPB Group Ltd 0.002 -20.0% 5,059,290
MNS Magnis Energy Tech 0.54 -19.4% 51,510,662
WWI West Wits Mining Ltd 0.032 -17.9% 14,209,485
AUH Austchina Holdings 0.01 -16.7% 35,613,728
APV Appsvill 0.037 -15.9% 1,006,144
AER Aeeris Ltd 0.16 -15.8% 179,444
LCK Leigh Crk Energy Ltd 0.135 -15.6% 10,589,829
ABV Adv Braking Tech Ltd 0.029 -14.7% 1,874,264
GLA Gladiator Resources 0.029 -14.7% 11,029,027
AUK Aumake Limited 0.018 -14.3% 11,503,190
AVW Avira Resources Ltd 0.006 -14.3% 6,892,373
CGB Cann Global Limited 0.003 -14.3% 3,187,605
GTG Genetic Technologies 0.006 -14.3% 10,708,046
LMG Latrobe Magnesium 0.12 -14.3% 12,640,146
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