I might seem like a broken record with my bullishness in copper. POC look likely to get above US$4/oz soon and when it does I don't think it'll go under it for years (if ever). So, I'm buying some ASX copper stocks. Sadly BHP has bought OZL, our premier copper producer (for a song). I already own 29M but not SFR as I was concerned about their EU production costs skyrocketing due to the Ukraine conflict (wrongly as it turns out). I'm only interested in copper producers not copper resources that won't produce any copper for years. Three that I've been looking at AIS, AR1, A1M.
Even "blind Freddy" noticed the bullish bars on just about all the ASX lithium stocks on Friday. I'll be buying a few, anticipating short term gains. I'm not going to pay gap up prices. PLS, CXO, AGY in my spotlight.
Noticed that REE and U308 also caught a bid in the US on Friday. Already have PDN and HAS (missed out on ARU). I'll be watching DYL, BOE.
Lastly, nickel is sneaking higher. Bought MCR Friday, holding IGO, watching NIC.
Buying more positions when I'm anticipating a recession dip in the market in a few months will make things interesting. Well, we're living in interesting times.
I haven't gone through my spec scans yet. When I do, I'll keep them to myself.