Category: News

At a time when the sale of electric vehicles are growing, one only needs to look at Tesla share prices to see where global car markets are headed and how key businesses stand to benefit greatly. One Australian company well positioned to take advantage of this growing market is Core Lithium (ASX: CXO), which represents a high quality lithium opportunity.

Last week Reach Markets was  joined for an online fireside chat by the founder and executive chairman of Thorney Investments, Alex Waislitz. In the session he discussed his view on the current market, how he approaches investing and the themes and trends he is currently focused on.

Last month, the best and brightest minds in oncology gathered (virtually) for the American Society of Clinical Oncology (ASCO) annual conference. The conference was ablaze with talk about the biggest breakthrough in cancer research since chemotherapy, CAR-T. One of the significant CAR-T talking points was Johnson & Johnson’s CAR-T (JNJ-4528) announcement in multiple myeloma. 

US-China tensions prompted gold to hit its highest ever price on Monday. Following the tit-for-tat consulate closures in Houston and Chengdu, gold reached $US1,940 per ounce, adding 2% to last week’s gains of 7%. 

The last ASX Options Game has come to a close and the winner was Juliah who won with a profit of $130,558.54 or a 161.1% increase in initial investment. We asked Juliah a couple of questions about herself, and her approach to trading.

COVID-19 is the biggest shock to the world since World War II. Could it trigger a permanent change to the way we do capitalism? In 2011, geopolitical expert Ian Bremmer foretold a potential power vacuum as China emerged, Russia got bolshy, social media took hold and the West started to lose relevance. 

Clinical stage oncology company Prescient Therapeutics (ASX: PTX) has announced that two of its assets will be used for a COVID-19 antiviral testing program in Melbourne, Victoria. PTX signed the research agreement with the Peter Doherty Institute for Infection and Immunology after coming out of a trading halt on Tuesday. They have also pledged $70,000 in funding.

The uptick in gold signifies a period of strong organic growth for Australian mineral explorers, Rumble Resources (ASX: RTR).  Technical Director Brett Keillor is a two time winner of AMEC’s Prospector of the Year, having discovered multiple gold deposits that have since become mines for major companies – Resolute and Independence Group. 

With all eyes on gold at the moment, now is an exciting time for gold exploration company North Stawell Minerals which has announced the launch of its Initial Public Offer (IPO).

AuTECO Minerals’ (ASX: AUT) is reviving one of Canada’s most prolific gold mining regions, Ontario. The emerging mineral exploration company is currently focused on its first high-grade gold drilling project at Pickle Crow, Ontario, a site with a resource estimate of 830,000oz at 11.6g per tonne.

Many of us start trading options or stocks because we want to break free from the rules of life and the traditional norms that everyone else has to deal with. We want to do what we want, when we want to, but in trading, the very rules and boundaries we hope to one day escape are actually the most essential to long term success.

With gold currently up 18% YTD and outperforming many asset classes, it looks like the precious metal’s time has come again. Westgold (ASX: WGX), one of Australia’s top 10 gold producers, is primed for the uptick.