Australian (ASX) Stock Market Forum

JMS - Jupiter Mines

If the whole Talbot insider thing is true he will be in for it,

He's already in trouble with ASIC and the Criminal Justice system over dodgey dealings, I really don't think he would have risked it for such a small position vs his total wealth

Nevertheless day by day my patience starts to fade :banghead:
 
If the whole Talbot insider thing is true he will be in for it
Talbot still owns ~4.6%, he didn't really get that much out.

I'm a little more relaxed about the shenadigans - what will be will be.
Remember Talbot had a split with management at the last AGM - why would they give him inside info after that?
 
I doubt he would do that. Once he sold down his share in the company he was in no position to control what the comapny did anymore. For someone to delay the drill sample results, they would have have to been paid a lot of money by him. - something thats very easy to track down.
 
He's already in trouble with ASIC and the Criminal Justice system over dodgey dealings, I really don't think he would have risked it for such a small position vs his total wealth

Hey Doc,

I agree, like I said I doubt he'd risk further trouble over such a small position in terms of his net worth,

But it is frustrating waiting for JMS, they have been promissing results from Brockman for awhile now, just as they have been promissing to do follw up drilling at Mt Mason/Ida to expand the known resource

They are so slowwwwwwwwwwwwwww :banghead:
 
Up until this moment, no one called me back regarding the drilling results.....
Really, I am starting to question the management of this company.

Well, just a bit bout the conversation, the lady whom I spoke with is abit inconfident when speaking with me regarding the Brockman drilling result.....

Will ring again tomorrow........
 
It's good that they aren't speaking to you about Brockman without making an announcment to market. It is pretty poor form they haven't called you back.

When talking to listed companies it's always best to make sure you're speaking to the right person. Don't waste your time directing questions to the first person that picks up the phone. Ask to speak to the Exploration Manager, Company Secretary or CFO and then phrase your question accordingly.

To the exploration manager, you might question the shallower drills, to the company secretary you'd be asking about time frames for announcements and if you're really cheeky and speaking to the CFO, you can ask about the carrying value of exploration on their balance sheet (if the results of their exploration are crap, they should have expensed it).
 
Hmm....that makes sense !!!

Thanks for the tip doc !!!

Hopefully they called me tomorrow.....but from my experience they will just give some answers that does not give us any significant value, sort of like vague answers.
 
but from my experience they will just give some answers that does not give us any significant value, sort of like vague answers.
Which is exactly what they should do! They'd be doing something very wrong if they were telling you things they weren't telling the rest of us.
 
One of the guys just called me...

He told me the result will come out sometimes around end of this week to around mid-February as there are delays in it.

I asked him the shallower drilling results, however he is not disclosing the results.....(as per what u say doc :) )

That's all I can say...hopefully it is good !!! but in the conversation , he did not give me any indication of whether the result is good or not...

I guess we have to be patient.
 
The price of Jupiter stock seems under pressure from events that sometimes have absolutely nothing to do with the business of the company - you new that anyway. It seems little point phoning directors who are already fielding very many calls anyway.
At 16.5 cents, in a market that does not seem to like prospective miners, they appear oversold with tenements in the highly prospective iron ore region of W.A.
 
Guys, I've moved the questions about quarterlies for other companies to their own thread in the ASX Stock Chat forum. I'll answer the questions over the weekend.
 
The price of Jupiter stock seems under pressure from events that sometimes have absolutely nothing to do with the business of the company - you new that anyway. It seems little point phoning directors who are already fielding very many calls anyway.
At 16.5 cents, in a market that does not seem to like prospective miners, they appear oversold with tenements in the highly prospective iron ore region of W.A.

Have to agree noiroa,

In hindsight I should have shed the lot on the trend break but unfortunately I only had half with a stop, as it appeared little had been factored in for Brockman:confused:

Well now I know:eek:

I see the latest 3B showing options issued for advice so maybe something is in the wind?

At least all those 30c performance options will need plenty of work to get them back in the money.............
 
I'm starting to get over how slow they are with the results.
I got told mid-Jan from JMS manager himself.
Now's like probably going to be March before anything comes out.
Oh well, spec companies do this I guess. Can't really compare this to a blue chip.
 
Announcement out about Brockman. It appears that while the grades appear good they are quite shallow in depth. They do mention applying for an adjoining tenement as well. Comments?
 
I will be having a closer look at the results when I get time. It appears drilling of some holes has ceased at shallow depth before there has been a decrease in mineralisation.
 
Great grades, and the depth of mineralisation on most holes goes to around 15m. Very strange that they seem to have only drilled to around 25m ave. Check Pg3. Does this make any sence?

My initial thoughs are to check the dimensions x 15m to get a prospective tonnage...
 
My initial thoughs are to check the dimensions x 15m to get a prospective tonnage...
Someone who's really keen may be able to find out how long this strike is and the likely dimensions. Looks like guestimate time to me though. Wonder why they didn't put a scale on this? :rolleyes:
 

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Great results. I told everyone i was optimistic about the brockman. However, at the moment, the share price is slow in rising. Odd.
 
Strange trading in JMS today, the Brockman results were ok, but not spectacular, certainly not to the extent of the price rise this morning.

With Red Rock Resources from the UK owning decent chunks in both IRM and MDX I wonder if it is them buying this morning, trying to get seats on each of the boards and encourage a possible alliance/merger of the four companies.
 
Better announcement than I was beginning to expect so am very pleased. Added bonus of the extra tenament application too. Now we just need a start date on Mt Ida and JMS might be back on it's way.
 
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