Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

Grades and Impurities are the key for Iron Ore Deposits,

Size is also important (lol I know I know) but Grade is the key


However given that this is now only 1 of 4 very promissing developments on the Horizon, I think constant news flow will help support SP
 
Some really nice share price action the last few minutes.
Just made new highs for the day and looking like a strong close.
Gotta love those off-screen buyers :D
 
Owe you a Beer Nizar thanks for the heads up.

Anyway have added again
this is a tick chart showing todays price action.
Strong buy volume as you can see Red is sell ticks and Green buy ticks.
If price stays stat then it will show as green.
 

Attachments

  • JML.gif
    JML.gif
    9.2 KB · Views: 142
A big thankyou to YT for his posts on this stock late last week!

Look at those oppies go go go - 300% increase in a day!!!
 
well i just managed to get in on some options at 6,2c and just didnt buy more cos i thought 6,6 was too much,

bloody hell i sold this for a 1,5c loss last week at 16c, kikn myself
 
Up 75% on surface sampling results. :eek:

Do I need to go to the 'irrational exhuberance' thread, or is this just another day at the office??
 
yeah i agree with you guys, im out at 33.5 and ill look at getting back in on the retracement when there is the panic sell down!! prob on open tomorrow!

too tempting to take profits on 50% plus increase in one day.
 
tech/a said:
just another day at the office!!
I've sat on my couch with the lap top all day watching the cricket and this go up and up and up. I was out at about $0.26 thinking I was real smart. :( Time to crack a vino. :D
 
noobs said:
Whos got tomorrows breakout then?

My money is on OMC coming out of their trading halt!

Noobs, lets keep this thread for discussion of JMS only. Thanks!
 
YOUNG_TRADER said:
Ok people this is not for the faint hearted or risk averse this one is for those people who want a chance at riding a 5x increase stock,

Very simple run down
Code: JMS
Name:Jupiter Mines
Resource: Iron Ore & Nickel Explorer

Shares: 60m + 20m 31/1/07 20cent options

Very simple why I bought some in this spec sompany it has two very attractive land holdings.


1. Is called Beasley River, which has returned good grades of Iron Ore and is surrounded by AusQuest (AQD) and Rio Tinto (RIO) tennements, for those of you who don't know see what happened to AQD when RIO farmed into its area, I'm hoping for a repeat here as the JMS tennements are showing close similarities to AQD's

2. Widgiemooltha, which has returned some excellent grades of Nickel, but more importantly is completely surrounded by Mincors (MCR) nickel deposits 'Redross' and 'Mariners' MCR has openly stated that it needs to establish new reserves, well where better to look than in a pocket of land thats showing very good similarities to 2 of your huge deposits

Point is although JMS is a tiny micro cap company with little cash left $1m, all that is required for a huge price increase is for either RIO to farm into its Iron Tennements, or MCR to farm into to its Nickel tennements, I think there is a very good chance this will happen given that these Companies have very succesful operations surrounding them.

For the reasons above I bought, it is a spec stock, so do your own research, happy investing

First post on this.

Bloody hell YT, this was in Feb. This has taken way to long to move. You're hopeless. Go back to law mate! ha ha :D
 
Yeah, way to go YT. I have the person who first brought my attention to JMS to thank and then YT for keeping the quality analysis coming. Cheers Mate!!

Oh and god help me, I'm still in :)
 
Top