On Stockhead today, how to prep for war, rates and recession, why Ian Murray’s confident of chunky Canadian riches, and Peak Asset’s four gold stocks to watch.

But first … the day ahead.

Local shares are set to open lower today. At 8am AEDT, the ASX 200 March futures is pointing down by 1.09%.

 

TRADING HALTS

The following companies went into trading halts today and are expected out in the next few days:

Genus Plus (ASX:GNP) — capital raise

Whitehawk (ASX:WHK) 

 

MARKETS

Gold: $US1,898.50 ($2,640.47) (+1.61%)

Silver: $US23.84 ($33.15) (+1.24%)

Oil (WTI): $US91.57 (-2.25%)

Oil (Brent): $US92.84 (-2.08%)

Aust Coking Coal (steelmaking): $434.00/t (0.5%)

Newcastle Coal (thermal): $197/t (0.00%)

Coal: $US234.50 (-0.64%)

Iron 62pc Fe: $US143.88 (+1.66%)

AUD/USD: $US0.7190 (-0.07%)

Bitcoin: $US40,975.84 (-0.88%)

 

WHAT GOT YOU TALKING YESTERDAY?

Critical Resources (ASX:CRR) is cashed up and ready to explore its Canadian lithium project.


And hear all about Azure Minerals’ (ASX:AZS) MD Peter Strachan’s thoughts on the nickel market.

 

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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 BIGGEST WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Carnaby Resources (ASX: CNB) announced the results of its Induced Polarisation survey, identifying “anomalies of exceptional potential” which it has already started drilling for at its Lady Fanny copper gold discovery within the Greater Duchess Copper Gold Project in Mt Isa.

Australia’s only listed sporting team took centre stage this morning, as shares in the Brisbane Broncos (ASX:BBL) ripped higher by almost 30% on no news.

It marks a notable move for the NRL team, which was struggling for traction following the release of a profit guidance statement of February 8.

Lithium is still spiffin’ for Bulletin Resources (ASX:BNR) – which jumped after flagging high-grade lithium mineralisation at its Ravensthorpe project. The gold-lithium explorer today shared some cracking lithium assays up to 8.21% Li2O in rock chips from ‘Big Pegmatite’, part of the ‘Ravensthorpe’ project in WA.

Hard rock lithium operations usually produce at grades of ~1% lithium.

Meanwhile, Global Lithium (ASX:GL1) says it’s onto a maiden 9.9Mt resource grading 1.14% lithium and 49ppm tantalum for the ‘Manna’ lithium project in the goldfields of WA.

It almost doubles the company’s attributable resource base (Marble Bar project 100%, Manna project 80%) to 18.4Mt lithium.

Reuben says that’s a pretty big achievement for a company which only listed on the ASX in May last year.

Outside of mining news, AD1 Holdings (ASX:AD1) led the pack, after announcing its US subsidiary had signed a “12-month pilot with the US Department of Labor that represents a potential lifetime value of approximately $250,000”.

The company said it also has a US sales pipeline “comprising 10+ prospects concentrated primarily in the corporate and government space”.

And the Lark Distillery share price has jumped back some 7% today after the CEO resigned yesterday following a viral video and a wee case of extortion. It’s edging up, after a 20% right shellacking yesterday.

And up about 8% is newcomer Firebrick Pharma Limited (ASX:FRE) has been granted a patent in the US for the use of its Nasodine Nasal Spray for the treatment and possible prevention of Covid-19.

 

YESTERDAY’S BIGGEST LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

 

Yandal Resources (ASX:YRL) is getting whacked by about 14%, we think because managing director and “good bloke/great geo” Lorry Hughes — to paraphrase someone in this office — left to pursue other interests.