In today’s briefing:
- CFD Liquidation in Korea: Posco DX, Celltrion Siblings, and Potential Next Targets
- TM: Securing Another Prospective Property in Morocco
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CFD Liquidation in Korea: Posco DX, Celltrion Siblings, and Potential Next Targets
- Yesterday and today, there have been observed cases in Korea that are suspected to be caused by a sudden drop in stock prices due to CFD liquidation trading.
- Yesterday it was Celltrion with its two siblings, and today it is Posco DX. I have found candidates that may have similar stock price movements.
- These candidates experienced a notable increase in their stock prices from late March to mid-April, and they have a relatively high margin transaction ratio.
TM: Securing Another Prospective Property in Morocco
- Trigon was granted seven large silver and lead prospecting licenses encompassing 112km2 in the Addana Mountains of Southern Morocco.
- This morning, Trigon Metals Inc. (TM:TSXV), announced that it has been granted seven exclusive prospecting licenses encompassing 112km2 in the Addana Mountains of Southern Morocco, called the Addana Project (Figure 1).
- The Addana permit area is 14x the size of the Silver Hill target and currently, the historical workings appear far more pervasive despite the lack of modern data.