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Yes YoungTrader I must thank you for bringing this stock to my attention.


JMS is the speccie stock that excites me most atm.  I hold other speccies but IMO JMS has the most potential in the short to medium term.


My belief is that JMS should be closer to 50 cents by christmas, as long as one thing occurs... that being a JV announcement.  I think many investors/traders are currently holding off to see the outcome of any JV.  While I have committed some funds to JMS, in all honesty my advice would for people to keep this on their watchlist for the time being.  Because if you miss the announcement of a JV if/when it comes, it will just be the start of the climb up for JMS.


My excitement in JMS has been hightened with the rise in SP of GWR.


IMO JMS is actually a better prospect considering low market cap (approx $15M as of todays SP increase), and the number of projects it has on the board.  Not just MT Mason and MT Ida, but also the Beasley River and Brockman Iron Ore  projects.  "Native title clearance has been received and permits are expected to be granted in December giving Jupiter a presence not only the Yilgran, but the Pilbara as well.  The Brockman project in particular is directly south of Rios Brockman 3 deposit (Quotoed from Marchell0 in Hotcopper). "


JMS also has gold interests.


But like many speccies they will need money to keep exploring.  A JV would provide this, and also provide a higher SP should any further capital raising be required.


Bring on JV announcement, which IMO should immediately lift the stock to mid-high 20 cents mark, even with the apparent resistence at 18-20cents levels.


Cheers


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