Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

The S&amp;P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news ahead of the Trump/Xi G20 meeting later this week. While a breakout is certainly possible, we believe additional consolidation is the more likely scenario. In today's report we highlight a mix of positive and negative developments which lead us to this conclusion along with updates on other big picture trends. Also highlighted are attractive Groups and stocks within Materials, Health Care, and Utilities: Gold, Western Hemisphere, Cardiovascular Products, and Gas, Midwest.

The S&amp;P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news ahead of the Trump/Xi G20 meeting later this week. While a breakout is certainly possible, we believe additional consolidation is the more likely scenario. In today's report we highlight a mix of positive and negative developments which lead us to this conclusion along with updates on other big picture trends. Also highlighted are attractive Groups and stocks within Materials, Health Care, and Utilities: Gold, Western Hemisphere, Cardiovascular Products, and Gas, Midwest.

U.S. Dollar Breaking Down; Gold Breaking Out

Materials Analyst/Strategist, Janus Analysis

Gaius King

Materials Analyst/Strategist

Accelerating Tomorrow’s Independent Research

Boost Research

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Equity Bottom-Up

<ul class="">
<li>
<a href="https://www.smartkarma.com/entities/6698" target="_blank" data-smartkarma-citation="entities:6698:1">Gold Road Resources (GOR AU)</a> Recommend BUY
</li>
<li>Gruyere JV (50/50) 91% complete, on schedule and budget</li>
<li>150koz pa Au attributable production to GOR, first bullion pour Q219</li>
<li>
Forecast EBIT $A74-84m pa, substantial cashflows starting Q419</li>
<li>
Price/EBIT ratio 8 to 9.1, A$44m cash - no debt</li>
<li>Own virtually the entire Yamarna Greenstone Belt (~ 6,500km2) </li>
<li>A$20m 2019 exploration budget - exceptional prospectivity</li>
<li>Corporate takeover target likely by <a href="https://www.smartkarma.com/entities/25109" target="_blank" data-smartkarma-citation="entities:25109:1">Gold Fields Ltd (GFI SJ)</a></li>
<li>
<a href="https://www.smartkarma.com/entities/10152" target="_blank" data-smartkarma-citation="entities:10152:1">Aura Energy Ltd (AEE AU)</a>, <a href="https://www.smartkarma.com/entities/4293" target="_blank" data-smartkarma-citation="entities:4293:1">Catalyst Metals (CYL AU)</a>, <a href="https://www.smartkarma.com/entities/20488" target="_blank" data-smartkarma-citation="entities:20488:1">Liontown Resources (LTR AU)</a>, <a href="https://www.smartkarma.com/entities/11276" target="_blank" data-smartkarma-citation="entities:11276:1">Millennium Minerals (MOY AU)</a>, <a href="https://www.smartkarma.com/entities/12743" target="_blank" data-smartkarma-citation="entities:12743:1">Southern Gold (SAU AU)</a>, <a href="https://www.smartkarma.com/entities/5124" target="_blank" data-smartkarma-citation="entities:5124:1">Azumah Resources (AZM AU)</a>, <a href="https://www.smartkarma.com/entities/10577" target="_blank" data-smartkarma-citation="entities:10577:1">Focus Minerals (FML AU)</a>, <a href="https://www.smartkarma.com/entities/14492" target="_blank" data-smartkarma-citation="entities:14492:1">Oklo Resources (OKU AU)</a>, <a href="https://www.smartkarma.com/entities/7940" target="_blank" data-smartkarma-citation="entities:7940:1">Red 5 Ltd (RED AU)</a>, <a href="https://www.smartkarma.com/entities/14062" target="_blank" data-smartkarma-citation="entities:14062:1">Troy Resources (TRY AU)</a>
</li>
</ul>



Gold Road Resources (GOR AU) Recommend BUY

Gruyere JV (50/50) 91% complete, on schedule and budget
150koz pa Au attributable production to GOR, first bullion pour Q219

Forecast EBIT $A74-84m pa, substantial cashflows starting Q419

Price/EBIT ratio 8 to 9.1, A$44m cash - no debt
Own virtually the entire Yamarna Greenstone Belt (~ 6,500km2) 
A$20m 2019 exploration budget - exceptional prospectivity
Corporate takeover target likely by Gold Fields Ltd (GFI SJ)

Aura Energy Ltd (AEE AU), Catalyst Metals (CYL AU), Liontown Resources (LTR AU), Millennium Minerals (MOY AU), Southern Gold (SAU AU), Azumah Resources (AZM AU), Focus Minerals (FML AU), Oklo Resources (OKU AU), Red 5 Ltd (RED AU), Troy Resources (TRY AU)



New J. Hutton Exploration Report (Week Ending 01/02/19)

Australia

Iondrive Limited provides energy storage solutions. The Company offers replacements and improvements of lithium-ion batteries for carbon-zero emission and transitioning away from fossil fuels. Iondrive serves customers in Australia.

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Iondrive (ION AU)

U.S. Dollar Breaking Down; Gold Breaking Out

The S&P 500 is consolidating under 2,954 - logical resistance - as market participants are in wait-and-see mode for incremental trade news...

Vermilion Research

New J. Hutton Exploration Report (Week Ending 01/02/19)

Gold Road Resources (GOR AU) Recommend BUY Gruyere JV (50/50) 91% complete, on schedule and budget 150koz pa Au attributable production to GOR,...

Boost Research

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