Move over crypto. The real money is obviously in stud bulls with a Black Angus bull – going by the catchy name of Paratrooper R38 – selling for a record-breaking $280,000 in Central New South Wales.

The buyer, who bought the bull without seeing the animal in person, also owns a record priced female of the same breed and believes the two could produce something “very exciting from a genetics point of view”, according to the ABC.

While the returns might pale over some of those available in crypto, there’s something to say about nearly a tonne of bull sitting in your pastures.

Gains are also likely on the ASX this week despite a couple of scares along the way. The benchmark ASX200 is currently at 7,523.1 points, up 0.46% from the start of this week.

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for August 27 – September 3 [intraday]:

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Pan Asia Metals (ASX:PAM) +216%

‘Geothermal lithium’ appears to be the most-talked about topic on the resources front, so it is not surprising to see shares in Pan Asia Metals soar after it noted that its new Kata Thong project has the potential to host both geothermal style lithium and lepidolite style lithium.

The company noted that two of the five areas covered by its prospecting applications contained geothermal fields which are highly prospective for geothermal style lithium.

These not only offer the potential for reducing its carbon emissions, they could also host lithium within the brines that could be extracted using the direct lithium extraction process.

92 Energy (ASX:92E) +90%

With spot uranium prices reaching a five-year high, 92 Energy’s timing could not be better, reporting this week that its inaugural drilling program at the Gemini project in Canada’s Athabasca Basin had intersected a zone of elevated radioactivity.

The 5.3m interval of elevated radioactivity averaging 760 counts per second is about 190m below surface and is associated with a strong and broad zone of clay, hematite and quartz alteration.

Assay results are expected to within four weeks to determine the extent of any uranium mineralisation.

Great Boulder Resources (ASX:GBR) +86%

Bonanza gold grades are still winners as Great Boulder Resources has proved this week.

The company reported a 3m intersection of almost 150g/t from a depth of 91m within a broader 14m interval at 36.12g/t gold from the Phase 3 reverse circulation drill program at its Mulga Bill project.

Chief executive Andrew Paterson noted that the project now had the potential to host more than a million ounces of gold.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for August 27 – September 3 [intraday]:

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