Delta Resources Ltd. GOLHF – News Update
We have been following along with the latest developments on GOLHF, which recently met with good results in a mineralization study of its Delta-1 property, as we reported in our morning report on August 13th.
Today, an update has come forth on the company’s Delta-2 property, which has returned favorable results indicating that VMS mineralization may be present. VMS is a rock type that is traditionally conducive to bringing precious metals from deep within the earth up to ‘minable’ depths through ancient volcanic processes.
Tuesday, August 18, 2020 / Kingston, ON / Accesswire. Delta Resources Limited (GOLHF: OTCBB) is pleased to report that its ongoing mechanical trenching program at the Delta-2 property in Chibougamau, Quebec has uncovered a sulphide-bearing horizon favourable for the presence of Volcanogenic Massive Sulphide (VMS) mineralization. (>>View Full PR)
ADM Endeavors Inc. ADMQ
We also wanted to provide a final update for the month on ADMQ. We have tenaciously followed its every move since our initial report exactly one month ago tomorrow. Just a couple of days subsequent to that report, the stock saw a low of .032, and that was the start of a climb that would persist all the way through yesterday. ADMQ once again set a new high, hitting .105, which represents a huge increase of 228% in just under a month’s time.
In our last video chart on ADMQ, we stated that we wanted to see the stock hold support in the .06-.07 range in order for us to remain bullish on the stock, and it has done so. We’ll be eager to continue following its progress as the company grows.
Fresh Options Ideas:
AAP Weekly $165-170 Calls
HD Weekly $285-290 Calls
LOW Weekly $157.50-162.50 Calls
SE Weekly $144-147 Calls
GDLC, GAXY, GLCO, BBRW, RBII
Reviewing Yesterday’s Puts
We warned of the bearish session that we had incoming, in our premarket report yesterday, and featured some puts in the chains of plays with upcoming earnings. We had signaled the INTU Weekly $290-287.50 Puts as well as the PANW Weekly $240-235 Puts.
Here were the modest, yet respectable, single session gain opportunities provided by those two targets, which were available to ourselves and our readers:
INTU Weekly $290-287.50 Puts
$290: 8.61-10.91 (+27%)
$287.50: 7.30-8.90 (+22%)
PANW Weekly $240-235 Puts
$240: 10.11-12.70 (+26%)
$237.50: 8.85-10.75 (+21%)
$235: 7.75-10.08 (+30%)
Important: We want to update these ideas today, flipping over to the bullish side of the fence on the INTU $287.50-292.50 Calls, and modifying our strike area on PANW with the $210-200 Puts
HD Weekly $245-250 Calls
KEYS Weekly $95-100 Calls
Given the turbulent forecast for the markets at large yesterday, our extended watchlist was comprised solely of stocks listed on the OTC Markets. When the big boards are suffering, it’s often a good idea to track OTC activity, which is typically heightened during these periods. We got nice daily moves out of both IQST and HDII.
iQSTEL, Inc. IQST
Range: .1483-.33 | Gain: 123%
Hypertension Diagnostic, Inc. HDII
Range: .0205-.0349 | Gain: 70%
Foresight Energy (LP) FELPU
Our first order of business today is to highlight a call that was made by a member of our daily traders chats on Skype. As you can see in the included snapshot, “DJ” offered up an alert to the group on Friday morning, and the stock responded with a two day rally from .03 to .135. That works out to a total upswing of 350%
This is also a great example of why we encourage our readers to join in our daily private traders chats. Anyone can get in on the action, simply by sending a skype contact request to the user “stocksumo”. We look forward to seeing some of you there!
Fresh Options Idea
Kohls Corp. KSS Weekly $53.50-51 Puts
Home Depot Inc. HD Weekly $227.50-232.50 Calls
VNTR, CNSP, MYOV, CNSP, PGNY, BAS, DRNA, GNPX, JKS, ASND