Hathor Exploration Ltd. (CVE:HAT)

Chart is courtesy of marketclub.
Marketclub - Hathor Exploration Limited Trend Analysis  (What's this?)

Entry : $2.01

Buy between $1.95 and $2.05.

Hathor Exploration Ltd. is a junior uranium company focused on exploration projects in the Athabasca Basin of Northern Saskatchewan, Canada. To date, the Athabasca Basin is the only location in the world that hosts high grade uranium deposits. Hathor's main exploration properties are located in the eastern side of the Athabasca Basin along the same geological terrain that hosts all of Canada's currently producing uranium mines and accounts for 23% of global production.

Hathor is currently advancing its Midwest Northeast Project which represents the best discovery in the past 20 years by a junior uranium company. Early entry into the Athabasca Basin has allowed Hathor to acquire a large and strategic land package in close proximity to the producing properties of Cameco and AREVA.

Hathor's goal is world-class uranium discoveries; Hathor's target is the Athabasca Basin.

Link to Hathor Exploration Limited

UTS Energy Corp. (TSE:UTS)

Chart is courtesy of marketclub.
Marketclub - UTS Energy Corporation Trend Analysis (What's this?).

My next stock to start of this month will be UTS Energy Corporation.
We had a high of $2.45 which I for the moment will be using as entry price. I will however check tomorrow if I can get in with a lower price. UTS closed at $2.41.

Looking at the chart, UTS is undergoing a strong trend upwards. Today had a break from $2.30 on substantial volume. This could do well the coming weeks ahead. On the defensive side, if this gets below $2.15 then be ready to cut your losses and move on.

Then a little about UTS taken from their company website :

UTS principal focus is the creation of shareholder value through the production of bitumen from the oil sands deposits associated with the leases related to the Fort Hill oils sands project (“Fort Hills Project”), the Frontier Project, the Equinox Project, and the Lease 421 Area, in addition to the potential development of the Company’s other exploration lands located in Alberta’s Athabasca Oil Sands Area.

UTS holds a 20% interest in the Fort Hills Project through its interests in Fort Hills Energy Corporation (“FHEC”) and the Fort Hills Energy Limited Partnership (“Fort Hills Partnership”). The other Fort Hills Partners are Petro-Canada with a 60% interest and Teck Cominco Limited (“Teck”) with a 20% interest. Petro-Canada Oils Sands Inc. (“PCOSI”) is the contract operator for the Fort Hills Project. On August 1, 2009, as a result of the merger, Suncor Energy Inc. (“Suncor”) became the partner and operator of the Fort Hills Project (“Operator”) and now holds Petro-Canada’s 60 percent interest in the Fort Hills Project.

UTS holds a 50% interest in each of the Equinox oil sands mining project (the “Equinox Project”) and the Frontier oils sands mining project (the “Frontier Project”), both of which are located on the west side of the Athabasca River west of the Fort Hills Project. The Equinox Project bisects the Pierre River project operated by Shell Canada Limited (“Shell”) and the Frontier Project is located to the north of both of these project areas. UTS considers both the Equinox Project and the Frontier Project to be mineable oil sands projects. Identification of these projects confirms the value of the past three years of drilling and land posting activity by the Company.

In addition to these projects, UTS holds a 50% interest in 148,480 and 94,080 acres, respectively, of exploration lands to the east and west of the Athabasca River. These other leases include the recent discovery from Leases 421, 022 and 023 (the “Lease 421 Area”) and are expected to provide further opportunities and future funding flexibility for the Company.

UTS believes the exploration lands to the west of the Athabasca River, not included in the Frontier Project and the Equinox Project, may have the potential for in situ development opportunities using existing or emerging production technologies.

UTS believes that the combination of the Fort Hills Project, the bitumen resources and the exploration land assets on both the west and east sides of the Athabasca River (particularly the leases related to the Equinox Project and the Frontier Project) present growth opportunities for shareholders.



YeOldGoldNugget's links of interest

• New Video: As the Dow Goes, So Goes the Country
• New Video: Has the dollar bottomed out?
• New Video: Crude Oil: Lower Levels Ahead?
• New Video: It’s Official Silly Season for Gold
• What do supertraders have in common
• Two Major Forces Collide in the Index Markets
• What’s Gold’s Next Stop?
• Introducing the Perfect Portfolio
• Free Email Trading Course Copy

Results December 2009 ( + 30% )

Here are the results from December. Now, the end total would not have been my total gains, mine would probably be a little larger (I would have bought Mundoro around 0.85, Noront around 2.20,...) would I have invested in all stocks. Also, to keep it on the level I decided to stick with the day price of posting instead while doing my results. Since this is new for me also I'm just trying to find the ropes on how to handle this as best and honest I can. With my new stock picks I will in future post my exact entry on the chart image and in the article.

I thus expect those who read and interpret my charts to do their own due diligence as to which entry they choose and when to cut their losses. Again, these are LONG-term charts and are thus meant to be interpreted such.

Just remember to treat the stock market like you would do a little baby. Handle with care and remember, babies have temper tantrums, they make a lot of noise and they are all over the place if not carefully monitored. Also, most of these babies DO grow up and then again...some don't. Just like in real life.

Most alerts are from December the 4th and one I noticed only later and that was Merrex Gold Inc, but still in time to get some decent profits before the New Year. Also, I've added comments beneath most articles so you know how I feel about them at the moment. Still looking to add on those 30% gains, that's for sure.

Also, in January I will be posting some new YeOldGoldNugget Stock picks. Look out for them! Each month I will of course be adding new stock picks to the list because some stocks have already gone too far up however some are still worth an entry. Besides that, with a New Year comes new readers and to give everyone a go I think doing this on a monthly basis will suffice.

I will post an update on the charts with numbers in the red later on cause most of them are in my opinion ready to start their move up. Those that require so can always post a comment beneath an individual chart and I'll try to hasten it up. Before investing and putting any money in the market make sure to read my about page and also to do your own due diligence.

Update January 05, 2010

I posted some new comments at each article. Check them out. I can already let you know, there is only one chart or stock which has slightly fallen out of my favor and that is Noront Resources. If you had to choose any right now, from these,...I'd say Jinshan Gold, Gran Tierra, Sterling Resources, Corridor Resources, Kimber Resources, Gran Tierra and Continental.

Sterling Resources
Buy at 1.77
Now at 1.97
11.29%

Corridor Resources
Now at 5.41
Buy at 4.90
10.40%

Mundoro Capital
Buy at 1.00
Now at 1.23
23.00%

Jinshan Gold Mines
Buy at 2.73
Now at 3.17
16.11%

Merrex Gold Inc.
Buy at 0.79
Now at 0.94
18.98%

Nevada Copper Corp.
Buy at 3.15
Now at 3.10
-1.58%

Globestar Mining Corp.
Buy at 1.08
Now at 0.99
-8.33%

Kimber Resources Inc.
Buy at 1.45
Now at 1.34
-7.58%

Contintental minerals
Buy at 2.30
Now at 2.13
-7.39%

Gran Tierra Energy Inc.
Buy at 6.32
Now at 6.00
-5.06%

Noront Resources
Buy at 2.57
Now at 2.07
-19.45%

Orko Silver Corp. is unchanged. Entry still at $1.20 and price now at $1.20.

Total Gains
30%
Still beats any bank :-)

Update on those in the red (from my December picks) and unchanged on January 07, 2010 :

Orko Silver Corp.
Buy at $1.20
Now at $1.40
+16.67%
Going strong!

Nevada Copper Corp.
Buy at $3.15
Now at $3.25
+3.17%
Chart looks really strong. Look for the upward momentum to continue.

Globestar Mining Corp.
Buy at $1.08
Now at $1.11
+2.17%
Chart looks like up is where we need to look.

Contintental minerals
Buy at $2.30
Now at $2.11
-8.26%
Now, this is at -8% and yet the chart tells me there is potential upside from here on. At least from the chart there seems to be some support at this level so...not my favorite but I'll give this a go. If this support around 2.09 - 2.11 breaks then I would sell.

Noront Resources
This one has gone like you could read from the comment I placed (follow the link).

Gran Tierra Energy Inc.
Gone from a favorite to...well..GONE!

Kimber Resources is still do-able. Not a favorite anymore but do-able. From where we are at $1.40, at $1.30...KICK. Easy as mince pie!

If I really really really like a stock as in something I consider holding for longer then I will mostly make that clear. Orko Silver of course and Jinshan is a contender for such a title. The rest...do your own due diligence.

All other red ones, well simple, follow the trading rules and get out in time. I never take more than 10% losses and even then I check and see if I'm willing to take even 8% loss. Do your own diligence, each trader has a different trading technique, mine is never let a bad trade get worse and worse.

Very important to remember! You are investing to make money and not to lose it.

Also, markets move and stocks don't just keep trending upwards. Well, some do but most don't! Take profits and if you like the stock...sell on strength and buy on weakness! Else...exit and move on to the next.



YeOldGoldNugget's links of interest

• New Video: As the Dow Goes, So Goes the Country
• New Video: Has the dollar bottomed out?
• New Video: Crude Oil: Lower Levels Ahead?
• New Video: It’s Official Silly Season for Gold
• What do supertraders have in common
• Two Major Forces Collide in the Index Markets
• What’s Gold’s Next Stop?
• Introducing the Perfect Portfolio
• Free Email Trading Course Copy