Key News Overnight:
U.S. stocks eked out gains despite renewed doubts over a China trade deal. The dollar was mostly lower after President Trump said he talked about the currency with Fed Chairman Jerome Powell, while the pound benefited from good polling news for U.K. Conservatives.
Police and protesters clashed around Hong Kongs Polytechnic University into the night, with thousands of demonstrators showing up to reinforce those inside. Ex-LegCo President Jasper Tsang and law professor Eric Cheung offered to escort students to police stations to ensure they won’t be treated violently.
Boris Johnson cancelled a Conservative Party plan to cut Britain’s corporate tax next April to 17% from 19%. The PM said the move will save 6 billion pounds ($7.8 billion), allowing the government to spend more on the state-funded National Health Service.
Oil tumbled from an eight-week high, and natural gas fell more than 5% on forecasts that warmer weather on the U.S. East Coast will throttle demand. Nickel slipped to a three-month low, while precious metals climbed, led by palladium.
In This Issue:
Bellevue Gold (BGL) | Company update | SPEC BUY | Analyst | James Wilson
Genesis Minerals (GMD) | High grade results from Ulysses | SPEC BUY | Analyst | James Wilson
Saracen Mineral Holdings (SAR) | Acquiring 50% of the Super Pit| BUY (under Review) | Analyst | M Keane
Salt Lake Potash (SO4) | SO4 Signs Three Offtake Agreements| BUY | Analyst | Michael Eidne
Recent Research:
Saracen Mineral Holdings (SAR) | Salt Lake Potash (SO4) | Argonaut’s 2019 Best Undeveloped Projects | Botanix Pharmaceuticals (BOT) | St George Mining (SGQ) | Metro Mining (MMI)
Please read Argonaut’s Important Disclaimers & disclosures
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