JMS - Jupiter Mines

[Fool]

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.

here this is free, not great but

http://stocknessmonster.com/stock-trades?S=JMS&E=ASX

or sign up here, say its free

http://www.tradingroom.com.au/apps/...on=courseofsales&sy=tpl&code=JMS&count=0#tabs

 

[Fool]

See chart below. Volume is low, but slowly is increasing. Now making higher highs , should get very interesting if the volume keeps increasing.

 

[jama_kj]

looks like this month shall be an interesting month for JMS. for what i have read and researched we can be expecting a number of announcements in regards to their tenements within the next 2-3 weeks. Good luck holders.

 

[kpas]

Nice to see a 26c close for a change.

Edging up nicely on consistent volume, the chart is indeed looking better from my point of view.

 

[enigmatic]

Indeed, looks like the traders are starting to buy up shares, lets just hope the announcement will support an increase in sp. The fact that FDL is doing so well on there quantity and location to FMG.

JMS expecting results of higher quantity and similar location to FMG always a bonus

 

[stormbringer]

Like all who post here, I'm anxiously awaiting the drilling results, but, I'm not expecting a spectacular JORC compliant resource. I'm thinking it will be an inferred resource with 60%fe somewhere in the region of 100-200mt. I'm not being negative here, just trying to be a little realistic. YT suggested the target figure is 620mt. For all concerned I hope he's right and I'm completely wrong(wouldn't be the first time).
Reasoning, this is only the first round of rc drilling, with 3000m over 30 holes planned, which is to a depth of 100m. To quote JMS themselves "The drill program is designed to test the grade, lateral extent and thickness of mineralisation at relatively shallow depths."
So, with this in mind, YT's figure might be achieveable, but I'm not so sure it will be in the first round of drilling, which is why I'm expecting an inferred resource of 100-200mt gradeing 60%fe. Again, maybe I'm getting this horribly wrong.
After waiting all this time, 18 months for me, a minumum of 100mt would be a great result as a starting point.
Anyone who might share either of our views, please respond

 

[kpas]

Like all who post here, I'm anxiously awaiting the drilling results, but, I'm not expecting a spectacular JORC compliant resource. I'm thinking it will be an inferred resource with 60%fe somewhere in the region of 100-200mt. I'm not being negative here, just trying to be a little realistic. YT suggested the target figure is 620mt. For all concerned I hope he's right and I'm completely wrong(wouldn't be the first time).
Reasoning, this is only the first round of rc drilling, with 3000m over 30 holes planned, which is to a depth of 100m. To quote JMS themselves "The drill program is designed to test the grade, lateral extent and thickness of mineralisation at relatively shallow depths."
So, with this in mind, YT's figure might be achieveable, but I'm not so sure it will be in the first round of drilling, which is why I'm expecting an inferred resource of 100-200mt gradeing 60%fe. Again, maybe I'm getting this horribly wrong.
After waiting all this time, 18 months for me, a minumum of 100mt would be a great result as a starting point.
Anyone who might share either of our views, please respond

Reading through all the analysis in this thread, any inferred tonnage will be a good thing. The SP should be well above it's current levels without anything found at Brockman.

So if they come out with anything, I can't see how it won't be good for the share price.

Gotta remember they have a bunch of other projects which also have promising futures - Brockman will just be the cherry on top if they can pull something out of the hat.

 

[Gekko]

Reading through all the analysis in this thread, any inferred tonnage will be a good thing. The SP should be well above it's current levels without anything found at Brockman.

So if they come out with anything, I can't see how it won't be good for the share price.

Gotta remember they have a bunch of other projects which also have promising futures - Brockman will just be the cherry on top if they can pull something out of the hat.

Couldnt agree more Kpas. Brockman not factored in at current levels. This week should be exciting. Results will be out within 5 days, and as the market continues to show (GDA on fri), its the low cap spec iron ore companies that the market and traders love:. Monday may be a top up day.

 

[stormbringer]

Same here, the sp would undoubtedly head skywards. I'm just remaining a little cautious and do not expect much more than 100-200mt inferred, which as both of you have pointed out, will have a substantial affect on the sp, and yes, this week or the next is when I'm expecting the ann.
GL to all who are holding, it's been an arduous journey for most

 

[Gekko]

Same here, the sp would undoubtedly head skywards. I'm just remaining a little cautious and do not expect much more than 100-200mt inferred, which as both of you have pointed out, will have a substantial affect on the sp, and yes, this week or the next is when I'm expecting the ann.
GL to all who are holding, it's been an arduous journey for most

"100-200mt" will do me fine. The stock would run hard on 100mt. Look at GDA again today. The sp is holding, and should break out hard on results.

 

[enigmatic]

New announcement for Mt Ida.

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00801254

not really the announcement that i have been waiting for brockman still on the way but i was wondering what everyone thought about this one and if anyone had any insight in the Small nature of the inferred resource is this just because its at the rock chip sample stage.

"Drilling planned to test new Mt Ida targets and northern extensions of Mt Mason Inferred Resource (2.2Mt @ 60% Fe)."

 

[YOUNG_TRADER]

Guys I see no reason why JMS won't try and do an IRM style run today on the back of this ann


At Mt Mason JMS has 2.2Mt@60%Fe from a very very small strike length like 500m's from memory

Now they have outlined a further 6.2km's of strike at 60% Fe +

I think its about time JMS was recoanised as being the serious player in the Mt Ida region

And lets not forget Brockman drill results are due any time now

 

[doctorj]

After the initial jump, it appears to have been sold off on the news. Buy on rumour and sell on fact I guess.

 

[prawn_86]

After the initial jump, it appears to have been sold off on the news. Buy on rumour and sell on fact I guess.

it certainly is a strange one.

when you compare GDA, FDL, IRM as stocks that jump 100's of % on virtually no real news, and here you have a diversified explorer with multiple tenaments.

We are in an age where fundamentals mean nothing and herd behaviour drives things. You would understand the market better with a psychology degree over a finance degree!

strange times indeed, no wonder all you chartists do what you do :

 

[doctorj]

it certainly is a strange one.

There’s a good fundamental reason why it won’t jump up 100%+ on that news – I own some of the stock

Lightning always strikes some where else!

I’d be very interested to hear when there likely to progress with drilling of ‘high priority’ targets. They expect to have completed the plan of work by the end of the month, but when are they likely to have a rig/crew available?

 

[prawn_86]

They expect to have completed the plan of work by the end of the month, but when are they likely to have a rig/crew available?

About the same time FDL has a rig ready for their 'target' resource in the same area LOL

You have to wonder...

 

[MACH]

Anyone have a link to the JMS brockman tenement map, that shows an estimated 650mt iron ore? I saw it a while ago, but cant remember where.

 

[Rocket man]

This company is beginning to annoy me.

Seems to be a fair few sellers which seems strange considering a big announcement is just around the corner.

patience Rocket man...patience

 

[doctorj]

I wonder if what's his name decided to use today's strength to offload a few more of his shares?

It could explain the supply coming from offscreen after it hit 29.

 

[Crash]

Well YT it ran, but not for long. Not enough solid data to back up the Mt Ida Fe to cause prolonged excitement. If all those k's of ore are really there we might see some better action? Will a 100MT or greater at Brockman really rocket this, or will this mixed up market stay cold?