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Showing posts with the label ASX

Choosing Junior Mining Stocks on ASX

I read an article on the ASX website on the factors to consider when choosing which junior mining companies you want to put your money in. There are dozen of these companies and they seem to have lost their lustre due to the China slowdown and this dampens the commodities boom. Here are some of the factors to look out for: 1) What are the kind of commodities the company is mining? eg. gold, uranium, copper, diamonds 2) Where are the projects? eg. Australia, in a volatile African country 3) Are the projects on a big scale? 4) Who is the managing director? 5) How much cash does the company has? These junior mining companies do look attractive given success stories such Paladin Energy Ltd (ASX : PDN). Imagine a share worth a couple of cents going up to $10.00. But do take note that these type of successes are not that common.  

Lynas Corporation - Rare Earths Radiation Concerns in Malaysia - ASX

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Lynas Corporation - ASX - COT Proxy This will be the first time I am covering stocks on the Australian Stock Exchange (ASX). How could I have not covered them all this while? Let's take a look at Lynas Corporation. This is an interesting company. Just a little background, this is actually a mine to market integrated rare earths mining company in Australia. Their mine is in Mount Weld, Western Australia. Their processing plant where they refine the rare earths deposits is in Gebeng, Kuantan - Malaysia. The locals and opposition parties are rallying (they call themselves the "Green Movement") against the plant which is also called the Advanced Materials Processing Plant because of the emission of radiation into the environment. The plant promises to be one of the biggest plants in the world to process rare earths outside of China. This will serve to break the monopoly of the Chinese for these rare earths. The commercials aka big boys are net short since 17 Septe...