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JAK - Jackson Gold

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nizar

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5 January 2006
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Re: PMH - Pacmag Metals

tech/a said:
Sold full parcel at 8.3c

bought 1/2 parcel at 8.8c.
Looking for spike tommorow.
Either will or turn into an inside day.

Love tax means I have it to use. (mainly to pay my accounting firm to minimise it!! hahaha.)

Sorry should be in NXL thread.
Click to expand...

nice one - did u ride JAK at all?
 
Re: PMH - Pacmag Metals

:eek: want to get in (JAK) at 15c
watching and watching and shock when it goes to 22c...
what a rocket..
 
Hey chief

I got in at 14.5c today
Was going to sell at 17c but went to a meeting, decided to just see what happened.

Broke out the $12 wine when i got home. :D

Think will open around 25c tomorrow and close at 33c, but then it could drop like a fly if traders run it the other way.

Basically, if grades are 4% and 7.7% or such, averaged, and it extends below the surface then we could have another mox or cdu on our hands.

I will hold and hope for $1.40 - that would just about pay my mortgage off, with a big tax debt!!!

Any thoughts anyone?
 
Careful - rock chips do not a deposit make... Looked at the ann. and thought it was interesting and nothing more... I'd be very careful on this - but yes if it is extensive (and underground at depth) it might be worth a quid... but i am afraid this will retrace after today (too many unknowns) - good luck and well done if you hold but (esp. at a decent profit) be careful!!!
 
Thanks sodapop, yes, will be watching very very closely tmrw.

A strong close tmrw may mean sentiment will carry it a long way further, hopefully till the co announces more results.
 
Well, not a great day today, the traders sold this off before the open and it had no chance

But - held out very well in the end, maybe a strong open tomorrow, now that money is out of aex maybe...

I really like the prospects of this - they have 2 other great things happening besides the CU high grade discovery which could go off at any time

Cheers.
 
pharaoh said:
Hey chief

I got in at 14.5c today
Was going to sell at 17c but went to a meeting, decided to just see what happened.

Broke out the $12 wine when i got home. :D

Think will open around 25c tomorrow and close at 33c, but then it could drop like a fly if traders run it the other way.

Basically, if grades are 4% and 7.7% or such, averaged, and it extends below the surface then we could have another mox or cdu on our hands.

I will hold and hope for $1.40 - that would just about pay my mortgage off, with a big tax debt!!!

Any thoughts anyone?
Click to expand...

I think you've been drinking too much of that wine.
$1.40.......... Dreaming
 
Hey royce

Ok, happy to admit maybe a bit premature
But, think if results are good, will be revalued around 25c or so and up to 80c next 6 months

They have a gold and a nickel op going which could come good any time
I rang the MD and had a good chat on thurs, good guy, very excited about the co

Cheers
 
Royce said:
I think youv'e been drinking too much of that wine
$1.40.......... Dreaming
Click to expand...

Pharoah probably was a tad too blunt with my remarks.......who knows the way mining stocks have been shooting up, $1.40 could be quite achievable.

Good luck ....hope you get to pay of your mortgage

Royce
 
Announcement out on the JV with Gleneagle gold. They have grades ranging from 27 to 299grams per tonne AU. JAK have 20% in the deal>
 
kevro said:
Announcement out on the JV with Gleneagle gold. They have grades ranging from 27 to 299grams per tonne AU. JAK have 20% in the deal>
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Looks very interesting, but I still think VMS is the better bet in the short term.
As always, do your own research before buy/selling.
 
Mind you they are only surface samples. What lies under the ground is anyones guess but it could be assumed that they won't have to drill / dig far.
 
kevro said:
Mind you they are only surface samples. What lies under the ground is anyones guess but it could be assumed that they won't have to drill / dig far.
Click to expand...
Hi Kevro,

This is very promising.
I hope you do well in this stock. I've taken a large holding in VMS and don't want to put too much more in the market.
 
Jak after a month in no mans land drifting lower has suddenly taken off in the last few hour Friday. No announcement was made but there is a hint that it may be in relation to an annoucement made by VMS, just 4 km away. VMS has found similar gold / copper geology to what JAK recently found in exposed ridges. I wonder if there is a link or is there something else that is yet to be explained.

JAK was up from 16c to .19c in late trading, a gain of 18.75%
 
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