Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

Jump to new
Thanks for the reply Rick. Volume has tapered off but both the weekly and daily charts look like a rally may be around the corner.

Cheers,
 
CanOz said:
Thanks for the reply Rick. Volume has tapered off but both the weekly and daily charts look like a rally may be around the corner.

Cheers,
Click to expand...

Just out of interest, how often does this stock rally with volume. In all honestly it looks impossable to make any money off,let alone trade!
 
Freeballinginawetsuit said:
Just out of interest, how often does this stock rally with volume. In all honestly it looks impossable to make any money off,let alone trade!
Click to expand...

Everytime there is significantly good news this share seems to skyrocket with large volume. I think long term investors who hold this share including myself are just waiting for a JV :)
 
Freeballinginawetsuit said:
Just out of interest, how often does this stock rally with volume. In all honestly it looks impossable to make any money off,let alone trade!
Click to expand...

I started what you could say coverage of this company for one reason, take a look at how companies like GBG, GWR, AQD, FMG, IOH, RHI have all performed,

This company was so small and still is that when its true potential is realised it will be re-rated in the order of 100%+

The only other Iron Spec that now is starting to show some promise is POL, as with JMS will face alot of selling around the 20c mark,


Anyway just wait and see, I'm very confident that this stock will hit 30c+ before year end, its a fundamental spec play, ie it has got alot of iron in the ground, just needs to un-lock value,

Something holding this company back is the directors are not good reps of the company, ie no PR skills, unlike say Andrew Forrest or M kiernan

Keep the faith ;)
 
Yes YoungTrader I must thank you for bringing this stock to my attention.

JMS is the speccie stock that excites me most atm. I hold other speccies but IMO JMS has the most potential in the short to medium term.

My belief is that JMS should be closer to 50 cents by christmas, as long as one thing occurs... that being a JV announcement. I think many investors/traders are currently holding off to see the outcome of any JV. While I have committed some funds to JMS, in all honesty my advice would for people to keep this on their watchlist for the time being. Because if you miss the announcement of a JV if/when it comes, it will just be the start of the climb up for JMS.

My excitement in JMS has been hightened with the rise in SP of GWR.

IMO JMS is actually a better prospect considering low market cap (approx $15M as of todays SP increase), and the number of projects it has on the board. Not just MT Mason and MT Ida, but also the Beasley River and Brockman Iron Ore projects. "Native title clearance has been received and permits are expected to be granted in December giving Jupiter a presence not only the Yilgran, but the Pilbara as well. The Brockman project in particular is directly south of Rios Brockman 3 deposit (Quotoed from Marchell0 in Hotcopper). "

JMS also has gold interests.

But like many speccies they will need money to keep exploring. A JV would provide this, and also provide a higher SP should any further capital raising be required.

Bring on JV announcement, which IMO should immediately lift the stock to mid-high 20 cents mark, even with the apparent resistence at 18-20cents levels.

Cheers
 
YOUNG_TRADER said:
I started what you could say coverage of this company for one reason, take a look at how companies like GBG, GWR, AQD, FMG, IOH, RHI have all performed,

This company was so small and still is that when its true potential is realised it will be re-rated in the order of 100%+

The only other Iron Spec that now is starting to show some promise is POL, as with JMS will face alot of selling around the 20c mark,


Anyway just wait and see, I'm very confident that this stock will hit 30c+ before year end, its a fundamental spec play, ie it has got alot of iron in the ground, just needs to un-lock value,

Something holding this company back is the directors are not good reps of the company, ie no PR skills, unlike say Andrew Forrest or M kiernan

Keep the faith ;)
Click to expand...
Y -T for what it's worth (probably not much)
I share your confidence on this one. I wouldn't mortgage the house to buy, but at the same time I recognise the potential.
Thx for bringing this one to our attention.
 
No guys thankyou,

I really like when others look at a stock an 'dig deep' through its ann's and are 'critical analysts' of info,

When quite a few give it the thumbs up, it lets me know I'm not alone,

But just so you know, as bullish as I am about JMS, I'm as bullish on EVE (maybe worth a look, different commodity, Uranium!)
 
YOUNG_TRADER said:
No guys thankyou,

I really like when others look at a stock an 'dig deep' through its ann's and are 'critical analysts' of info,

When quite a few give it the thumbs up, it lets me know I'm not alone,

But just so you know, as bullish as I am about JMS, I'm as bullish on EVE (maybe worth a look, different commodity, Uranium!)
Click to expand...

i like the looks of EVE as well. I just wish these guys would release some news.
 
Jupiter has been showing some strength over the last few days.

It has moved up to 17c, touching 17.5 this morning.

There is a rumour around that a JV with a major is to be announced during the month of September.

Expect the share price to slowly creep up prior to an announcement.
 
MiningGuru said:
Jupiter has been showing some strength over the last few days.

It has moved up to 17c, touching 17.5 this morning.

There is a rumour around that a JV with a major is to be announced during the month of September.

Expect the share price to slowly creep up prior to an announcement.
Click to expand...

Definitely slowly edging up past few days, but only on small volume.

Where did you hear about the rumour if you don't mind me asking?

We have been waiting for the illusive JV for a while now and i hope the

rumour is right. ;)

Patience!! :D

Hypnotic
 
That rumour is doing the rounds of some of the other forums. Dont know how much truth is in them. However we have all been waiting for a JV announcement, so I am hoping it will come out soon.

As regard to price and volume, it is building nicely IMO. Compared to the volume in the past month, it is starting to look good.

Also compared to some of the other Iron Ore juniors/explorers JMS is so under-valued it isnt funny. GWR has gone up 800% in the last year. Can JMS do the same? Thats the big question.

PS. Take my comments with a grain of salt. I am very bullish on JMS, and tend to get over excited.
 
RickG said:
That rumour is doing the rounds of some of the other forums. Dont know how much truth is in them. However we have all been waiting for a JV announcement, so I am hoping it will come out soon.

As regard to price and volume, it is building nicely IMO. Compared to the volume in the past month, it is starting to look good.

Also compared to some of the other Iron Ore juniors/explorers JMS is so under-valued it isnt funny. GWR has gone up 800% in the last year. Can JMS do the same? Thats the big question.

PS. Take my comments with a grain of salt. I am very bullish on JMS, and tend to get over excited.
Click to expand...

May i ask which forum? sellers seem to be thining out and the buy side seems to be getting bigger. Now at 18c :)
 
Yeah, JMS is slowly and surely building up. However, sellers are still coming in at 18 cents. IMO its still a bargain at 18 cents, and I will be taking the opportunity to buy some more at current prices.


I first came across the rumour reference a JV announcement in September on the 'TopStocks' forum.
 
The 'rumour' at the 'other forum' was based on comments made by JMS regarding the no-deal with Sinosteel. They claimed to be in talks with another potential JV partner that would offer a significantly better deal for JMS.
 
No

The 'rumour' is from someone who works in the mining industry and reckons they know that there is going to be a JV announced in September.

Moved up 1c today. alot of interest

Get ready for the surge
 
MiningGuru said:
No

The 'rumour' is from someone who works in the mining industry and reckons they know that there is going to be a JV announced in September.

Moved up 1c today. alot of interest

Get ready for the surge
Click to expand...

I hope he is working in the jupiter mines industry :D
 
MiningGuru said:
Now moved up to .185 and trying to break to .19c

An announcement most be very close!
Click to expand...

Good trading volume today for JMS and the buying was strong, the sellers definitely thinning out.

It really does look like the news will be out soon.

Where do we think JMS will potentially jump to if it did had a good JV? Any guesses??? Where will it be close to??

Hypnotic

;)
 
JMS in a trading halt. Placement??? Wasnt expecting one so this early. They only had a placement in July. Whats going on?

With more drilling results due soon, and with the rumours of a JV, why do this now?

And I bought some more yesterday.. :banghead:
 

Similar threads

Damuzzdu
Iron Ore Plays - Discussion
2 3 4
Replies
68
Views
26K
Telamelo
T
Top