Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

Commiserations to those who were hoping to buy at .25c.

Great update for Widgie Nickel, assays to come for Brockman, Chinese JV around the corner.

8 mill + traded today, current SP .35. There might be a dip here or there but I think we are starting the next up hill run.
 
yeah i decided to up my bid, got in this morning at 29.5 on open, so im happy with that. seems like 29.5 was the bottom of the retrace.

i was going to hold out but buyers starting appearing and it seems that the talbot placement has set a nice floor for the sp.

should see some great ann coming over next couple of weeks.
 
dj_420 said:
yeah i decided to up my bid, got in this morning at 29.5 on open, so im happy with that. seems like 29.5 was the bottom of the retrace.

i was going to hold out but buyers starting appearing and it seems that the talbot placement has set a nice floor for the sp.

should see some great ann coming over next couple of weeks.

And a great call. The depth is awesome, we should see a great close this afternoon.
 
i actually think its looking really good. there was over 1 000 000 on 40 cents and that got taken out, very quickly there are now another 1 000 000 on 40 cents again. not charging right past 40 cents but people are happy to accummulate on this price and continue supporting sp.

i would like to see this one close above 40 cents today, create some new support and pending JV ann should help push further.
 
Good call with the 29.5c bottom DJ, thats some nice profits on paper.
I got on today once the 37c previous high was taken out.
Blue skies once again for this one.
 
nizar said:
Good call with the 29.5c bottom DJ, thats some nice profits on paper.
I got on today once the 37c previous high was taken out.
Blue skies once again for this one.

Yeah very good call DJ congrats....

I finally got out today at 42cents... can't resist the profit. :confused:

But it does look very good..... i am still looking for a chance to jump in,

Hm.. has it been 2 weeks since the MOU?? the news may come out soon, i hope i can get back in tomorrow at a good price..

Good luck to all still holding

Hypnotic
 
Guys

Most days of late JMS and JMSO have been a great opening buy, as it always seems to run up a few cents from the open price

As we all know, buying on open can go either way.

I am wondering if it will do it again today...hmmm


:evilburn:
 
originally when i bought in i wanted to hold this company long term but when it broke out i felt it ran to hard and took profits. got back in on retrace now i intend on holding for at least medium term.

it would be great for the sp to hold 40 cents and form some decent support. if it retraces from here should find great buying support around 35-37 cents, as nizar pointed out usually previous highs once broken will form new support.
 
looks like sp may retrace again, judging by chart we may see sp pull back again now. sellers pushed sp down today, failed to make higher highs. i took an exit today with the fact that there should be further short term weakness.

looking for a cheaper re-entry again. i think we may see it test 30 cents again.
 
dj_420 said:
looks like sp may retrace again, judging by chart we may see sp pull back again now. sellers pushed sp down today, failed to make higher highs. i took an exit today with the fact that there should be further short term weakness.

looking for a cheaper re-entry again. i think we may see it test 30 cents again.

Hard to say.
Could well be a rebound tomorrow. 37c held well, looks like the previous high is now providing the new support.
Volume was half of yesterdays.
 
closed at 36 cents, 37 cents support broken, could run right back down again i think. what are some other peoples opinions??
 
dj_420 said:
closed at 36 cents, 37 cents support broken, could run right back down again i think. what are some other peoples opinions??
Could be support between $0.35 and $0.30. Depends on what anns they bring out. Could crumble under $0.30....Hopefully for holders it consolidates for a few days to form a decent base. It's all very short term support atm, imo.
 

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To be honest, I don't think people saw enough in todays announcement.
Rock surface details, and no drilling until the new year

Think traders moved onto other pastures.
I would be buying over the next few weeks, with a tight stop, to see either my stop hit in january or a nice reward when they bring our results from drilling.

Then again, hope im wrong as its a great trading stock atm, and the potential results could see the price stabilise and move up... :confused:
 
Pre- open - could be a trading halt. Hoping it is good news re JV or assay results that are due. Volume hasn't been high as it has been with prior to previous announcements which is a worry - hoping that it is just xmas holiday malaise.
 
nah :(


JUPITER MINES LIMITED
ABN 51 105 991 740
Suite 1405, Level 14, 33 Bligh Street, SYDNEY NSW 2000 Tel: 02 9235 2755 Fax: 02 9235 2955
Jupiter asx JMS 3-1-07 Sonia
ASX Announcement
3rd January 2007
Option Expiry Underwriting Agreement
The Directors of Jupiter Mines Limited are pleased to advise that the Company has entered into an
underwriting agreement with Findlay & Co Stockbrokers with respect to the Company’s outstanding
Listed (JMSO) 31st January 2007 twenty cent options and January 31st 07 twenty cent Unlisted
options .
The total number of Listed (JMSO) outstanding options is 14,354,116 and unlisted options are
4,750,000 totalling 19,104,116 options, the total underwritten amount is $3,820,823.20. The
underwriter will receive a fee totalling 4.0% of the underwritten amount and 750,000 unlisted
options at an exercise price of $0.50cents expiring twelve months from issue.
Quotation of the 31st January 2007 options (JMSO) will cease trading on 23rd January 2007 that
is 5 business days before 31st January 2007.
The capital raised from the option exercise will be applied to further advance the Company’s
existing projects, including ongoing development of its Iron Projects and commencement of RC and
Diamond drilling at Central Yilgarn Iron, Beasley River and Brockman Iron Projects.
The company will continue its feasibility studies and drilling programs at Jupiter’s Widgiemooltha
Nickel Project after the recent discovery of three additional conductor zones and ongoing
exploration programs at the company’s projects in WA.
Company Secretary
Sydney, 3rd January 2007
For and on behalf of the directors of Jupiter Mines Limited
 
spottygoose said:
Pre- open - could be a trading halt. Hoping it is good news re JV or assay results that are due. Volume hasn't been high as it has been with prior to previous announcements which is a worry - hoping that it is just xmas holiday malaise.
There is a lot in this stock to come yet,as of tonight off watch list and into bottom drawer for xmas hol next year.cheers imho will be worth lots.
 
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