Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

Jump to new
JMS....obviously not.

I have a few friends working on the train line at the moment for FMG and they r really under the pump. They reckon that it might not be ready for the May deadline. Guess we just have to wait and see. If a cyclone comes through that area.....
 
But u have to start from somewhere don't u?!?!?! Mergers and aqusitions....
Company Growth, more drilling, better results, share price rises, buy outs, mergers etc etc etc.
Anything is possible at the moment really
 
DB008 said:
But u have to start from somewhere don't u?!?!?! Mergers and aqusitions....
Company Growth, more drilling, better results, share price rises, buy outs, mergers etc etc etc.
Anything is possible at the moment really
Click to expand...

JMS has the exact same chance as any other spec of becoming a large cap...very little realistically. That shouldnt be a shareholders target imo, as it is just not possible to see that far in advance.

There are other specs out there with a lot more ground than JMS, as Doc and Pommegranite has alluded too.
 
I think I agree with the others here Danny,

JMS cannot ever be an FMG, FMG is so much more than a company with a few Billion Tonnes of Iron Ore, so don't bother with stuff like that,

However JMS can easily be the next

YML 16c-$1.60 in under 12months
TLM 20c - $1.40 in 3months
UMC, BCI GIR and so on

The key is Brockman guys, we can go on and on nd on about B1 and B2 in the past, stale holders selling, charts, depth etc blah blah blah,

What will matter is when JMS pull the drill cores out of the ground at Brockman will their be Fe in them?

And how much?

As I have already shown JMS could have up to 600Mt's+ of 60%Fe, then again they could have much much less like 50-100Mt's

So keep a sharp look out for results at Brockman
 
doctorj said:
If they've already done 2-3 days of drilling, the rig pigs would have already seen a bunch of drill cores...
Click to expand...

Agree and makes me wonder why the Share price ran up from 20c to 27c before I even saw it,

Also, 2-3days ain't enough yet, so I'd give it a another week to see
 
tech/a said:
YT I was hoping to learn from Micks observations.

But with regard to TLM there is evidence in the chart supporting your view AND youll be able to see evidence in ANY chart to support your views.
JMS CURRENTLY isnt showing such evidence.

Ihave no idea when the announcement for TLM occured.
But here is the commentary (mine) of price and volume from 20c on.
This may help those reading charts---its all there.
But its NOT there YET on JMS

Have a read and I think you'll see what I mean.
Click to expand...

Nice charts there tech, enjoyable reading as always, haven't read much of your bar work for awhile. Very succinct and persuasive arguments about the relative strengths of the two charts. Looking on with interest to see if the current resistance holds and for the nature of any test back into the range, looking for evidence that resistance has become support around 30c. Always interesting to trade these lil critters.
 
Hi guys, I'm trying to connect the dots here,

Past
Last year JMS were approached by Chinese to do a JV which fell through because of management,

Present
B1 B2 and Chairman gone,

In his speech the Chairman acknowledged that JV's were still on the cards,




Future
2 Chinese directors appointed to replace outgoing management, in the last few days, coincidence? Maybe ...... but these guys maybe a pre-cursor to a JV with the Chinese group that were sniffing around last year but couldn't because of past management


Thoughts?
 

Attachments

  • JMS Directors.JPG
    JMS Directors.JPG
    131.6 KB · Views: 303
YOUNG_TRADER said:
Hi guys, I'm trying to connect the dots here,

....

Thoughts?
Click to expand...
Could be the start of something YT. Certainly a better arrangement than having B1 and B2 running amok on the company's time.

You mist a few links that Wang has to Chinese companies.
 
Another Chinese director.

Seems an unlikely coincidence.


And what has Talbot got to do with it, if anything?


I need a fortune cookie!
 
prawn_86 said:
JMS has the exact same chance as any other spec of becoming a large cap...very little realistically. That shouldnt be a shareholders target imo, as it is just not possible to see that far in advance.

There are other specs out there with a lot more ground than JMS, as Doc and Pommegranite has alluded too.
Click to expand...
Hi prawn 86,

Realistically speaking most specs fail to become large caps in the longer term. Many of them often run out of money at the end of booms. I've seen quite a few over the past 28 years of trading. As for JMS, I reckon it has substantial potential. The Brockman area is certainly hot and JMS's management are very cluey. The Chinese connection also looks very interesting.
DYOR
 
moneymajix said:
And what has Talbot got to do with it, if anything?
Click to expand...


Talbots link is very clear,

He bought about 12m shares in December 06 on the back of Brockman results at an avg price of 30c, it was Brockman that got Talbot into JMS, but its my guess that it was the directors that held him back from being more active,

The word I heard was that it was Talbot who was trying to shake out management and this was confirmed (imo) by the Chairmns resignation speech,


In summary, I do have some concerns as to the shareholding mix going forward; and I question the power base that they represent and their future influence on the direction and activities of the Company.


From what I've heard Talbot is throwing his weight around, he's got 9% of the shares making him the No 1 shareholder, he was the only one with the power to get rid of the old management so I'm glad we have him as No 1 Shareholder

The Chariman said "Their purpose is as yet unknown" I think its pretty clear his purpose is to maximise shareholder value


Talbot has
1 Australian Oil Play IPM
1 Australian Uranium Play MTN
1 International Iron Ore play SDL
and it looks like JMS is his Australian Iron Ore Play

Wow now thats a vote of confidence as far as I'm concerned, he must have seen serious upside in JMS in Dec 06 when he was buying at 30c+

When I realised this I didn't hesitate to buy more at 30c today, if its good enough for Talbot at 30c its certainly good enough for YT :D
 
Talbot also has one Moly play - QOL

He sure does have his fingers in a lot of pies. Whatever did happen to his insider trading (or whatever they were) charges?
 
so if Talbot's buying SDL still at 47/48C is that good enough for you too YT?:)

I picked up some JMS the other day as well so hopefully both can work out! Look at the effect Talbot's increased holdings had on SDL's shareprice - investor confidence / driving the price up
 
IOT said:
so if Talbot's buying SDL still at 47/48C is that good enough for you too YT?:)

I picked up some JMS the other day as well so hopefully both can work out! Look at the effect Talbot's increased holdings had on SDL's shareprice - investor confidence / driving the price up
Click to expand...

I heard his early byuing was in the 10c-20c level, so yes shows you what effect he has,

Just like MTN, he bought around the $1 mark and it hit a high of $7 after (it has retraced back to the $2.50 level I think though)

Anyway my point is he loaded up on Brockman results ie the rock chips and surveys which outlined the potential for Brockman, he obviously knew (or someone worked out for him) how large the Brockman target could be,

As I keep saying all of this other stuff, ie Chinese, Talbot etc will prove to be meaningless if Brockman comes it, if Brockman is say 400Mt's-600Mt's nothing else will really matter IMO until the companies mkt cap is $1Billion - $2Billion,

So the drilling is the key guys, its the key, Talbot and the Chinese just add to my confidence of the the probability Brockman will come in ;)
 
Further re Kenny T.

Ken Talbot is the principal shareholder[1] and former CEO of the Macarthur Coal Ltd (ASX:MCC) mining company. Mr Talbot temporarily stood down as the CEO of the Macarthur Group Companies when he become embroiled in a controversy involving loans to (now former) Minister of Queensland, Gordon Nuttall[2]. On 19 January 2007, the Queensland Crime and Misconduct Commission charged Mr Talbot with corruptly making payments totaling close to $300,000 to Mr Nuttall[3].

********************************************************************************************
I think he is also involved with KAR (gas).

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

I was wondering what YT is studying -

1. Economics
2. Law
3. Business
4. Geology
5. Philosophy
6. Psychology

:)
 

Similar threads

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