JMS - Jupiter Mines

[blinkau]

Another 20% today! I was watching the depth of the makret who has the order in there 100000 stocks for some crazy price

I wonder how much more its got left in it. I was tempeted to buy some but still don't know enough about the stock market

 

[michael_selway]

If AQD is any guide to go by, 40-50c depending on drilling etc, details of JV, any further farm-ins, its actually dissapointing AQD shot up to 40c on ann of Rio MOU, I really expcet JMS to get up to 30c in the next week, I mean its Sino Steel!!!!!!!!!!

After more certainty 60-75c is a good 3-6month target

Wow yeah, AQD done well also, whats sino steel btw?

thx

MA

 

[jovialTrader]

What trading halt??!

Im not sure either. There's no announcement of Trading Halt whatsoever. However, when I tried to buy in more (0.185) @ around 3.50pm, got the message that that "this stock in in trading halt".

well..i guess if i really want to, i'll hv to buy in at a higher price now....
Big Grin

JT

 

[hypnotic]

Wow yeah, AQD done well also, whats sino steel btw?

thx

MA

Hey michael,

Sino Steel is a big chinese company, whom is doing a JV with JMS read previous posts for some info about them i cut some bits out for you..

Sinosteel Corporation, one of the nation's largest steel traders, is stepping up its overseas expansion through co-operation with local companies.
.....
But the company is hoping to broaden this co-operation through the trading of iron ore, coal, steel, transportation as well as outbound investment. "The long-term co-operation with the three companies provides us with shortcuts to the markets in Europe and Japan," Huang said, adding that the companies will soon begin negotiations on how to improve trade and investment.
....
"Sinosteel is our largest supplier of coke in China and one of our most reliable suppliers in the world," he said.

Cheers,

Hypnotic

 

[spottygoose]

Im not sure either. There's no announcement of Trading Halt whatsoever. However, when I tried to buy in more (0.185) @ around 3.50pm, got the message that that "this stock in in trading halt".

JT

The stock went into pre-open around that time and an announcement was released saying that native title clearance had been given for Beasley River and Brockman iron ore projects.

 

[dj_420]

i got in two days ago right before ann, got in at 17c, since we have seen a surge in sp and volume. obviously the jv with sino steel has done wonders for the company, i am hoping YOUNG_TRADER is right and rio show an interest in the other ore prospects.

 

[3 veiws of a secret]

I have followed this share all week ,always hoping to snatch a bargain!!! but not 'a give away'. Rises like 'the pheonix' & I'm just half a cent away constantly .Damn it I'll snatch it at 21 cents -Bingo! got it change the screen 19cents -YT you've done it again!

 

[powerkoala]

Somehow sellers arise from no where
Yesterday nobody sold this but now...??
Well i got out yesterday
Now thinking to buy at lower price :
Let see how this will fall

 

[YOUNG_TRADER]

Hey thanks guys, I must stress it is my opinion that the stock has not even begun to move yet, ie the recent share price has IMO merely been a reclaiming of ground, ie 20c should be its starting base,

Just like UXA which listed below IPO price and for months struggled to get above it, however once mkt realised who UXA was and what they had it fina;;y slowly moved above 20c, soon after it rocketed to 50c,

Same also applies for JMS, I'm guessing it was a 20c IPO, stock opened at 19c and went down from there, right now its at the highest point its ever been in its listed life and for probably alot of IPO holders what they've been waiting for, a break even exit, so we'll all have to be patient until enough momentum gathers to get this baby going up, once lift off begins it will be impressive, still suprised that Sino MOU wasn't enough to get it going, probably because alot of people don't appreciate how big Sino Steel is, when I was in China last August Sino Steel was all over the place

 

[3 veiws of a secret]

There's one thought that keeps impishly reminding me of the chinese saying-2 generations to build an empire ,and 1 generation to spend it.I just hope Sino Metals back this project to the hilt !

 

[Ants]

I was in China last year 4 weeks on the road From HK th Beijing and alot inbetween(so much to see). It was an interesting place to say the least.

 

[powerkoala]

Looks like buyer overthrown
guess i will enter soon

 

[YOUNG_TRADER]

Topped up stock today, no too much just $10k,

lol such a bargain, mkt cap of like $15m or so and has an MOU with Sino Steel for its Iron Ore tennements, drilling results out soon, mkt correction or not this stock is so undervalued its just not funny,

Like I said, can't wait for lift off

 

[ctp6360]

keep it going YT you're going to make a packet from this one! its my shining light in a sea of red at the moment (i know its down today a bit, but its the least of my worries!)

 

[lewstherin]

Hmm testing 17c at the moment...not huge volumes, but there's some1 looking to dump 50k worth at 18c too.

I'm totally sold on the fundamentals of this little company though, and am gonna hold for some good news. With iron prices looking to be locked higher, decent quality gold in the ground (and they keep finding more!) and Sinosteel interest...well I'm either gonna get rich or get pwned...

 

[hypnotic]

Topped up stock today, no too much just $10k,

lol such a bargain, mkt cap of like $15m or so and has an MOU with Sino Steel for its Iron Ore tennements, drilling results out soon, mkt correction or not this stock is so undervalued its just not funny,

Like I said, can't wait for lift off

Wish i could top up now, but am out of $$$$$ atm..........

Hope the results are out soon, will it be the end of this week??? or more like in a few weeks time?

Hypnotic

 

[lewstherin]

Hmmm...been watching this the whole afternoon.
There's been a pretty determined seller thats accounted for around 50% of the volume on his own. In total around 350000 shares have been offloaded at levels between 17.5-18.5c.

I'm trusting the fundamentals, but this kind of sell is odd and a little concerning

 

[lewstherin]

Crap now another big sell of 200000+ shares is in at 19.5c...what the hell is up

 

[Sean K]

There's 4 bids at .195c. Not necessarily the one bloke. If you bought at .17c then who cares.

 

[lewstherin]

Prior to the other 3 sells coming in, there was around 200k worth under one seller.
There's been a few of large position sells by only a couple (or the same?) sellers - when I see that I wonder if anything is suss.

But yeah, I'm in lower than the last sells so I'm OK.