On Stockhead today,<\/p>\n
Rob Badmanana\u2019s look at what\u2019s happening on the High Voltage battery metals market<\/a>, a bunch of uranium stock picks<\/a> from Tribeca\u2019s Guy Keller, and Earlybird Eddy\u2019s deep dive into\u00a0how ASX biotech investors should read the 4C Report<\/a>.<\/p>\n \u00a0<\/p>\n \u2026 welcome to 18 January\u00a0 \u2013 a date seared into the memories of all UFO-watchers and Space Alien Believers, as it was on this day in 1644 that a group of very confused people in the US city of Boston saw a UFO.<\/p>\n According to local Puritan and governor of the Massachusetts Bay Colony John Winthrop\u2019s diary: \u201cAbout midnight, three men, coming in a boat to Boston, saw two lights arise out of the water near the north point of the town cove, in form like a man, and went at a small distance to the town, and so to the south point, and there vanished away.\u201d<\/p>\n Riveting stuff, no doubt \u2013 but what makes this remarkable is that it\u2019s not the first mention of UFO\u2019s in Winthrop\u2019s diary. The first mention of UFO sightings over Boston came several year earlier, with a much lengthier description which is fascinating because the poor, flummoxed yokels who saw it had close to zero chance of describing it without sounding like total lunatics.<\/p>\n Winthrop wrote at the time that a chap called James Everell, who he describes as \u201ca sober, discreet man\u201d\u00a0 \u2013\u00a0translation, not a drunkard like the rest of Boston at the time \u2013 and two other guys were rowing along the Muddy River swamplands, then \u201cthey saw a great light in the night sky\u201d.<\/p>\n \u201cWhen it stood still, it flamed up, and was about three yards square,\u201d Winthrop writes, \u201cwhen it ran, it was contracted into the figure of a swine.\u201d<\/p>\n It wasn\u2019t until a third mysterious apparition took to the skies that Winthrop managed to come up with an explanation \u2013\u00a0which doesn\u2019t hold a lot of water, considering that the first looked like a man, and the second took the form of an airborne, burning pig.<\/p>\n The last of them, however, added a far more sinister portion to the tales of lights in the sky over Boston \u2013 a loud, unearthly voice commanding \u201cBoy! Boy! Come away! Come away!\u201d that Winthrop claims was heard by a number of very sober people.<\/p>\n Thus, Boston\u2019s proto-Mulder decided that he knew what was up, and discounted any thought that they might be spaceships or aliens or a very early start to the CIA\u2019s MK-Ultra program.<\/p>\n The very idea of a spacecraft would obviously have been a completely (forgive me) alien concept for the mid-1600s Puritans\u2026 especially since the Ancient Egyptians were still holding up their end of the NDA they signed to get the pyramids built on time, and those wily South Americans had moved on from worshipping ET to far more sedate ways to honour the gods, cheerfully murdering children by the basketload to ensure the corn would grow.<\/p>\n Instead, Winthrop mustered all his available intelligence and seized upon recent events, specifically a rather tragic occurrence during which a sailor had mistakenly set fire to quite a lot of gunpowder on board a vessel, captained by John Chaddock, breaking the boat and its crew down to their constituent molecules in a very short length of time.<\/p>\n So the answer was blindingly obvious \u2013 there were no aliens or spaceships harassing Boston\u2026 it was just a bunch of ghosts. Case closed.<\/p>\n There\u2019s a danger in leaping to conclusions, as Winthrop has quite nicely illustrated (because it\u2019s painfully obvious to anyone with even half a brain that they were, clearly, alien spaceships on the hunt for some fresh Puritan anuses to probe).<\/p>\n To help you not leap to erroneous conclusions, the Stockhead team has been hard at work making logical reason out of the innumerable waves of data and noise that spew forth from the ASX on a daily basis.<\/p>\n \u00a0<\/p>\n Gold: US$2,020.78 (-0.38%)<\/strong><\/p>\n Silver: US$22.79 (-1.13%)<\/strong><\/p>\n Nickel (3mth): US$15,880.00\/t (-0.51%)<\/strong><\/p>\n Copper (3mth): US$8,267.85\/t (-0.20%)<\/strong><\/p>\n Oil (WTI): US$71.81 (-0.14%)<\/strong><\/p>\n Oil (Brent): US$77.72 (+0.23%)<\/strong><\/p>\n Iron 62pc Fe: US$137.22\/t (-1.19%)<\/strong><\/p>\n AUD\/USD: 0.6560 (-0.45%)<\/strong><\/p>\n Bitcoin: US$42,760.70<\/span> (-0.86%)<\/strong><\/p>\n \u00a0<\/p>\n Eddy\u2019s health wrap had a lot of folks talking yesterday, and it wasn\u2019t just because of that photo of a guy who is clearly elated just to still be alive, despite clearly being more than 900 years old.<\/p>\n \u00a0<\/p>\n In #ASX<\/a> #health<\/a> #stocks<\/a> news:<\/p>\n Imugene jumps on positive study results \u2014 Stockhead (@StockheadAU) January 17, 2024<\/a><\/p>\n\n \u00a0<\/p>\n Here are the best performing ASX small cap stocks:<\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n WordPress Table Plugin<\/a><\/p>\n Alicanto Minerals (ASX:AQI)<\/strong><\/a> dominated the ladder early on Wednesday, spiking a Benaud-esque 22.22%, most likely off the back of yesterday\u2019s announcement that the company\u2019s Big Swede \u2013 the Skyttgruvan-Naverberg project, which lies alongside the fearsome 1,000-year-old Falun mine \u2013 is getting bigger every time the company starts poking around.<\/p>\n Mandrake Resources (ASX:MAN)<\/strong><\/a> took off at a gallop this morning, running helter skelter for 45 minutes until the ASX tugged on the handbrake and brought the party to a close \u2013 leaving Mandrake dangling at +18.4% for the morning, on a sharp increase in volume.<\/p>\n We\u2019re talking roughly 7.5x the four-week average, and without a skerrick of news to the ASX as to why. There will no doubt be an explanation of sorts on the way, but at the time of writing, it remains a mystery for Scoob and the gang to unravel.<\/p>\n Mandrake\u2019s trading pause was upgraded to a trading halt shortly before midday \u2013 still no explanation forthcoming. We\u2019ll keep you posted.<\/p>\n Basin Energy (ASX:BSN)<\/strong><\/a> has timed the start of its 2024 exploration program very nicely indeed, capitalising nicely on yellowcakes high-vis on the market at the moment with news that field work has now commenced for Basin\u2019s winter program across the entirety of the company\u2019s Athabasca uranium projects.<\/p>\n That encompasses high-resolution ground Stepwise Moving Loop Time-Domain Electromagnetic survey work underway at the North Millennium and Marshall projects, while final preparations are being made for phase 2 drilling at the Geikie project.<\/p>\n Likewise, Pinnacle Minerals (ASX:PIM)<\/strong><\/a> has a timely announcement out this morning, providing an update on its Uranium-REE Wirrulla Project in South Australia.<\/p>\n Pinnacle is reporting that recent satellite and radar imagery analysis at Wirrulla has highlighted uranium (U3O8) mineralisation potential and defined a number of priority target areas.<\/p>\n Additionally, exploration has found uranium mineralisation in place, with intercepts including 3,550ppm U3O8 over 1m from 66m in hole IR1377, and 1,400ppm U3O8 over 1m from 69m in hole IR1378.<\/p>\n Later in the day, Biome Australia (ASX:BIO)<\/strong><\/a> kicked into second gear for another stab at some gains on yesterday\u2019s announcement that it\u2019s pushing into the United Kingdom and the Republic of Ireland with its first allocation of Activated Probiotics hitting pharmacies and other retailers in those regions.<\/p>\n \u00a0<\/p>\n Here are the worst performing ASX small cap stocks:<\/p>\n Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n WordPress Table Plugin<\/a><\/p>\n \u00a0<\/p>\n WA1 Resources (ASX:WA1)<\/strong><\/a> \u2013 pending the release of an announcement to the market in relation to a proposed capital raising.<\/p>\n Mandrake Resources (ASX:MAN)<\/strong><\/a> \u2013 This one looks like a speeding ticket<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n <\/span><\/p>\n The post Rise and Shine: Everything you need to know before the ASX opens<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"But first \u2026<\/strong><\/h2>\n
COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n
WHAT GOT YOU TALKING YESTERDAY?<\/h2>\n
\n Amplia doses Phase 2a trial 1st patient@ImugeneLimited<\/a> ($IMU) @ampliatx<\/a> ($ATX) https:\/\/t.co\/F9dkZtNo6e<\/a><\/p>\nYESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n
TRADING HALTS<\/h2>\n