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JML - Jabiru Metals




Well JML has run and with a strong close today and blue sky ahead!. Could soften a bit, but IMO a little steam left in the engine yet .
 

Got very close on testing the dollar mark today. Good sign, but it might need to build a new base first before heading up. Closed even for the day. Might still be facing some selling pressure in the next few days. Without results it might send it back down the 88 cent mark. But with positive result it will send this over 1 dollar in my opionion.

In terms of fundamental nothing has changed. Zinc price still hovering around the 2 dollar mark. LME zinc stock is back on the decline but the slope looking less steep.

Volume looks not bad too. Maybe some news are coming out soon. I would love some extra cash for Christmas!! :

No new news or reports on the website.

Hypnotic
 
Freeballinginawetsuit said:
I must admit to selling JML this morning, the temptation was too great . All the best to holders!.

Your not wrong there i wanted to sell out myself, but i eveutally didn't. I think there were quite a few people selling out this morning between 94 and 97 cents...

Looking for the middle term as i have said before, great outlook, but just hope the project is still going good.

Hypnotic
 
Whenever I buy i make plans. For JML my target was to wait till production starts which is next year. What happens between now and then is for day traders. Unless something fundamentally changes to the company or is affected by fundemantel outside changes (like zinc prices completely tanking) then I don't see any reasons to sell. One must have vision and nerve to stick to your targets beliefs.
 

I got back into Jabiru recently before the recent run, (lucky me), I always intended to be holding when they start producing next year & still do but that doesnt mean I wont be out & back in a couple more times before then. It's called putting my limited capital to the best use possible.
 

As expected, JML has been making the strides, but I feel that there will be some resistance and maybe sideways action for a while so I'm off the train for now. Best of luck to all holders.
 
Good little stock........more upside to come the closer they get to production. Good to see Zinc being mentioned as one of the star performers for next year
 
JML pushed through to the $1 barrier and held above it at the end of the day....

Good support and great trading volume closing on a high... should see more upside for this stock.

Hypnotic
 
Caliente said:
As expected, JML has been making the strides, but I feel that there will be some resistance and maybe sideways action for a while so I'm off the train for now. Best of luck to all holders.

IMO this was the day to be buying.
Break through resistance, blue skies, and volume confirmation at >3x average volumes.

But dont worry, im wrong more often than im right.
 
hehe, you may very well be right maite. I think its also a matter of different entries - mine was back at the mid 40's, so its a different perspective.

I have no doubt this stock will appreciate, just moving on to other pastures.

*any suggestions nizar?*
 
nizar said:
IMO this was the day to be buying.
Break through resistance, blue skies, and volume confirmation at >3x average volumes.

But dont worry, im wrong more often than im right.


I sold at $0.50 after making a few % and thinking how darn smart I was!

That decision has cost me a quarter of a Honda S2000 so far.

Looks to be going a bit parabolic now though. Not sure about a buying opportunity, maybe a profit taking opportunity, although I sold it at $0.50!!! Aaaahhhhh.
 

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Hi did Yougn Trader sell out early as well?

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS -2.2 0.8 26.0 30.8
DPS 0.0 0.0 0.0 1.0

thx

MS
 
michael_selway said:
Hi did Yougn Trader sell out early as well?

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS -2.2 0.8 26.0 30.8
DPS 0.0 0.0 0.0 1.0

thx

MS
Yep, he sold out a few days before me I think. We both sold JML and CBH at the same time. About half the price they are now....LOL
 
haha, could not have predicted this! guess thats what happens when u dump a stock, another interesting piece of information comes along right after ^_^
 
Well I was about to add to my holding & found I couldn't, wont be near the computer on the 22nd either, hopefully good news
 
im not so sure about placement. looking over qtrly shows that from their debt facility they still have 40 million available. i dont think they would have used all that in the last month or so.

what would the advantage be of another placement rather than use funds allocated for that very purpose.

i feel the increase in sp and interest the last week or so may hold for a bigger suprise.

someone also pointed out there has been little exp this qtr and so would unlikely be further results for exp.

however i thought they were continuing drilling near jaguar to have the potential to expand reserves as it is in close proximity to the jaguar deposit.
 
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