Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

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YOUNG_TRADER said:
Its amazing how the mkt values things

@ 23c JMS's Mkt Cap = $32m with $6m cash

JMS has done alot of work and is drilling Brockman, they could have a very large target their, yet the market is happy to let it sit at a such a small mkt cap :confused:
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You tell 'em YT;),

As I've said before, Shay Gap is under the radar and will likely be a surprise (bear in mind proximity to main road and the ocean).
Is it my fevered mind (post N/Shift) or am I mistaken in having seen JMS stated target of 200MT of CID for SG?
Just looked at my archives and its not the report I thought it was (sq km only)
:confused:

More beer:)
 
I am really hanging on some drilling results. The shear potential of this is a tease. Especially when the share price keeps dropping.:banghead:
Do we have any idea when some reults are due?

YT - is that your text relating to the respective tonnages at FMG & JMS?

:)
 
Considering there are only 3 more trading sessions until Christmas, what is the chance of announcement coming before Christmas? It's looking very slim.
Hopefully not too delayed.
 
All good things come to those who wait fellas.. Just hang on in there and we'll be right =]
Look at how quiet IRM was for a long time and now check it out.. a few good announcements and we're off to the races.
 
Patience is the only thing I can think of too. The B1, B2 fiasco and ties with certain shareholders has really put a dent in this companys market performance. Even with positive announcements and the general good outlook on iron ore it barely helps the companys rise. Only time can shake it up, I reckon.
 
Another sell down today. Endless selling these days across a lot of stocks.

Topped up some more at 21.5c. To me, that is a bargain given the vigour a new MD should provide for a company that has some prime land holdings in 'elephant' country. Time will tell.
 
YOUNG_TRADER said:
Its amazing how the mkt values things

JMS has done alot of work and is drilling Brockman, they could have a very large target their, yet the market is happy to let it sit at a such a small mkt cap :confused:
Click to expand...

Dude, i dont think its your analysis or reasoning thats wrong its just the market is doing some friggen wierd stuff lately, looking as if it has no direction, no reasoning and just in it to make a quick buck ... its really really frustrating. you put the effort in and think your onto a winner, sure enough good results will come out or the like and the SP moves in the opposite direction. And FDL, as you say, you look at that and say WTF???

Im going to sit in my corner and :banghead::banghead::banghead:
 
YOUNG_TRADER said:
Its amazing how the mkt values things

@ 23c JMS's Mkt Cap = $32m with $6m cash

It has two main project areas,

Mid West Mt Ida and Pilbara Brockman

Now nearby to Mt Ida
GNL mkt cap = $18m and they have rock chips and surveys
IRM mkt cap = $30m and they have had some good drill hits

But both are using the nearology to JMS's Mt Ida = JORC 2.2Mt's@61%Fe

Now nearby to Brockman
FMG has just announced another 700Mt's of Fe
This is helping FDL mkt cap = $90m and they have an exploration target

JMS has done alot of work and is drilling Brockman, they could have a very large target their, yet the market is happy to let it sit at a such a small mkt cap :confused:
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I'd swear that image you posted is not actually JMS's tenement. The brockman tenement is actually about 50km southeast of there if I remember correctly.
 
General Grievous said:
I'd swear that image you posted is not actually JMS's tenement. The brockman tenement is actually about 50km southeast of there if I remember correctly.
Click to expand...

Really?

Please check this as the map I drew was based on Doc J's map who sourced his info from the W.A. DOIR I think,

Please let me know so I can change

Cheers
 
does anyone know much about their Nickel Project at Widgiemooltha?

further result from that project are due next quarter?

04/09/2007 Nickel Soil Anomalies (MMI) Coincide with TEM at (E15 / 615)

"Jupiter Mines believe the geochemical sampling program over the A5 area has significantly increased the
company’s confidence in this target as being prospective for nickel mineralisation.
The Company advised that further exploration is required to test the area’s potential at depth, and additional
work will be undertaken over the next quarter."
 
coladuna said:
Considering there are only 3 more trading sessions until Christmas, what is the chance of announcement coming before Christmas? It's looking very slim.
Hopefully not too delayed.
Click to expand...

Yeah I agree I wouldn't expect the results until mid Jan with Christmas and New year. maybe the SP will drop more if it isn’t out before Christmas?? Where does it say it will be out in Dec?
 
Fool said:
Yeah I agree I wouldn't expect the results until mid Jan with Christmas and New year. maybe the SP will drop more if it isn’t out before Christmas?? Where does it say it will be out in Dec?
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If I remember correctly, JMS did state that the results are due out before Christmas in one of the recent announcements.
 
On the other forum site I was told it was 3 weeks into the new year?
I guess we have to just wait and see.
 
l called up JMS HQ (number is on website) last week and left a message for someone to call me back (thinking that no-one would) about drilling results.
Guess what, l think that it was the CFO (99% sure) called me and said that the drilling results would not be out before years end. Back log in the labs etc etc. As soon as results are in, we will all know.
 
ok thanks for that. As i said i guess will have to wait and see. The buyer depth is starting to once again increase.
 
I think there is a fair bit going on behind the scenes at JMS at the moment apart from the upcoming Brockman iron ore drilling results (thanks for the update DB008).

It wouldn't surprise if JMS came out all of a sudden with a major Iron Ore JV (given the chinese link now on the board), or some further sampling results out of some of their other iron ore prospects Shay Gap, Mt Mason, Mt Ida.

The market has known for a long time the prospectivity of the iron ore leases held by JMS it has just been the inaction of the previous management that has frustrated shareholders.

Once the new management can prove to the market, they can move the company forward expect the shareprice to move accordingly.

JMS maybe one of the real surprise packets in 2008 for the patient investor, with 4 exciting iron ore locations, significant nickel,gold, and uranium interests they have a good mix of commodities going forward.
 
been following this stock for the past two weeks, I have finally read through the majority of this thread and I'm looking forward to the next 3-4 weeks. it seems that Jupiter Mines are undervalued if the drill results of the Brockman Iron ore deposit.
I did notice there was an increase interest in buying JMS, although i expect this to be mainly due to the upcomming announcement. rather then people re-rating the stock on its other project target.

I guess we will just need to wait until the the annoucement, if your expecting a good result its a great time to buy, clearly alot of us believe it is atleast 30c without the results.

I'm new to investing so please DYOR.
 
I was just looking at the top 10 sell and buy prices and noted that there is arround 2milion more on the buy side then sell, I'm relative new to this but i believe this is a good sign showing there is support to buy this stock. although it does look like a majority of this support is at 20c to 21.5c.

If anyone could answer me a quick question i was wondering were abouts i would find the entire buy and sell volume figures.
 
enigmatic said:
I was just looking at the top 10 sell and buy prices and noted that there is arround 2milion more on the buy side then sell, I'm relative new to this but i believe this is a good sign showing there is support to buy this stock. although it does look like a majority of this support is at 20c to 21.5c.

If anyone could answer me a quick question i was wondering were abouts i would find the entire buy and sell volume figures.
Click to expand...

not sure if you will find course of sale figures without haveing to pay for it

https://www.aussiestockforums.com/forums/newreply.php?do=newreply&p=238976

this site will give you a trading summary for the day and an intraday chart
but course of sales will cost ya, the australian may have course of sales in the finance pages

as for volume support i personallly dont know what to make of it just look at rau yesterday and fdl today buying support wasnt that great but sp went up on no announcement, quite often at market orders will push price up they never appear on screen but you will notice volume on the sell being reduced even though buy volume remains unchanged
people are buying at market prices maybe they know something we dont, who knows? the next day or two will then drop again .they are volatile stocks which rise and fall for no apparent reason. i wish i could work it out would be a millionaire by now
 

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