Market Wrap – 17 July 2014

17 Jul 2014

ASX micro to medium capital resources stocks

Today’s top performer was Blina Minerals NL (ASX: BDI) up 200% to close at $0.003. The company signed a Binding Terms Sheet to explore Diakouli Gold Project located in eastern Burkina Faso. Under the terms, the company may earn an 80% interest in the tenement from Mr Hamidou Baba Traore by spending US$1.0 million on exploration over a four year period and making vendor payments of US$12,500 per annum over the same period.

The worst performer of the day was Caeneus Minerals Limited (ASX: CAD) down 37.5% to close at $0.005. The company reached an agreement with private entity Mining International Pty Ltd to transfer 100% interest in the Wee MacGregor Copper Project in Queensland.


Resources Stocks To Watch is first in resources research on ASX micro to medium capital stocks. Find out what’s hot and what’s not in the resources sector.

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