JRV - Jervois Global

[Gundini]

They have a nickel laterite project in Young that has a JORC of 280 mill tonnes nickel at 0.58% cut off.

Intec is buying up and I think they want it for this project as I suspect they will use their technology to get the nickel out.

Current value of the contained nickel in the ground is $60 billion!

This was infered before me:

Gundini, on the 27th Feb. you indicated that JRV had an inferred resource of $60 billion worth of nickel, would you be inferring against the shares issued that we may one day expect $3 per share, could this be the money tree ???

from Explod

I would assume crazyjohnsmith did the correct current value of the infered resource, hence the $60 Billion. According to their website they have a total of 280 Million Tonnes at 0.58% cut off.

I am not infering this company could be the money tree, that to me seems too far off to predict with any certainty. I have purchased this "speckie" on the basis of Intecs interest, the pulback in JRV's share price, and the belief a joint venture between INL and JRV to mine and process the Nickel would appear benefitial to both companies.

I have been wrong before, and will be wrong again, so please DYOR with regard to this stock.

Meanwhile, I am happy to hold INL and JRV...

 

[Gundini]

New Age Exploration Limited And Jervois Mining Limited Joint Venture Receive Uranium Exploration Lease

12 Feb 2007, 11:53 PM ET

Jervois Mining Limited announced that it has received confirmation that the fourth of five Exploration Licence Applications for uranium in Western Australia has been granted. Permit area E77/1345 covering an area of 7460 hectares at Lake Giles, 190 kilometres NW of Kalgoorlie, was granted for a 5 year term. The fifth area under application, now being considered, is expected to be granted within the next six weeks. E77/1345 is highly prospective for uranium and is known to contain a north flowing drainage pattern through Lake Giles into Lake Barlee

Maybe Intec wants to get on the U train?

 

[explod]

Thanks Gundini, was being a bit facetious, charts are my way but realise now the fundamentals are needed also. I am new to the technical of mining so appreciate your views. On the chart for todays close a break upwards is looking likely.

regards explod

may wealth come to you all

 

[greggy]

This was infered before me:



I would assume crazyjohnsmith did the correct current value of the infered resource, hence the $60 Billion. According to their website they have a total of 280 Million Tonnes at 0.58% cut off.

I am not infering this company could be the money tree, that to me seems too far off to predict with any certainty. I have purchased this "speckie" on the basis of Intecs interest, the pulback in JRV's share price, and the belief a joint venture between INL and JRV to mine and process the Nickel would appear benefitial to both companies.

I have been wrong before, and will be wrong again, so please DYOR with regard to this stock.

Meanwhile, I am happy to hold INL and JRV...

Crazyjimsmith's news is old news indeed just like his forum ($120 pa). He gets most of his ideas from this forum which is the best one going around.
DYOR

 

[crazyjimsmith]

Crazyjimsmith's news is old news indeed just like his forum ($120 pa). He gets most of his ideas from this forum which is the best one going around.
DYOR

Greggy I got the info from the ASX. Something that everybody else can get as well.

Yeah this is a good forum but I also come accross lots of down ramping and attempts at manipulation among other things. Since I started charging $120 that doesn't happen on my forum.

This forum has lots of great info but I think this is the third time I have been here since the beginning of the year!

Have a nice life Greggy.

 

[crazyjimsmith]

This was infered before me:



I would assume crazyjohnsmith did the correct current value of the infered resource, hence the $60 Billion. According to their website they have a total of 280 Million Tonnes at 0.58% cut off.

I am not infering this company could be the money tree, that to me seems too far off to predict with any certainty. I have purchased this "speckie" on the basis of Intecs interest, the pulback in JRV's share price, and the belief a joint venture between INL and JRV to mine and process the Nickel would appear benefitial to both companies.

I have been wrong before, and will be wrong again, so please DYOR with regard to this stock.

Meanwhile, I am happy to hold INL and JRV...

Yes guys I did the numbers from the data released from the company. Those calculations were in US and AUS$ they come in at $80 bill.

That may not mean anything if they can't get the nickel out of the ground economically but INL wouldn't be spending $8 mill buying 10% of JRV if they didn't have the means to get the nickel out of the ground.

I have know about JRV for a long time however it was INL's buying that caught my attention!

 

[nohooha]

Go Greggy!!!

 

[explod]

A GOOD DAY INDEED. I will give a further technical later in the evening

explod

May wealth come to you all

 

[explod]

The momentum of JRV in the closing hour today would indicate a close above .04 tomorrow. Examination of the 10 year chart indicates that the upper line of the down trend commencing around 1998 has been breached at about .025 and .03 cents. Resistance (ie. selling) will intensify around .06 where we would expect some consolidation. If this was to pan out then a rise back towards the old highs are possible. Just my scant and humble opinion.

regards explod

In fact I hope everyone becomes filthy rich, but one day at a time, this business is very risky, never put more than you can afford to lose on penny dreadfuls. I am not qualified to impart financial advice, be sceptical and DYOR.

 

[greggy]

Greggy I got the info from the ASX. Something that everybody else can get as well.

Yeah this is a good forum but I also come accross lots of down ramping and attempts at manipulation among other things. Since I started charging $120 that doesn't happen on my forum.

This forum has lots of great info but I think this is the third time I have been here since the beginning of the year!

Have a nice life Greggy.

Please don't knock this forum when its the best going around. Leave your conspiracy theories (ramping, manipulation etc) to your own expensive forum.

 

[Gundini]

The momentum of JRV in the closing hour today would indicate a close above .04 tomorrow. Examination of the 10 year chart indicates that the upper line of the down trend commencing around 1998 has been breached at about .025 and .03 cents. Resistance (ie. selling) will intensify around .06 where we would expect some consolidation. If this was to pan out then a rise back towards the old highs are possible. Just my scant and humble opinion.

Yes, all looks set for the meeting with INL...

Millions knocked off just before close, and a few Million after sales.

Let's see what unfolds!

 

[Sean K]

Maybe pure speculation, but the volumes on this and the size of some of the parcels could indicate more INL buying. Perhaps they're going to make a full tilt at it, or have at least a very influencial stake. Although, I suppose they have that already. Whatever the case, INL have made a decent paper gain on their investment so far.

 

[explod]

My assumptions yesterday a bit off but would contend the uptrend still intact. Very intense changes to buying and selling behaviour, again some strenth at the end of the day. What do the fundamentals say ?

regards explod

may you all become wealthy

 

[Kauri]

Greggy I got the info from the ASX. Something that everybody else can get as well.

Yeah this is a good forum but I also come accross lots of down ramping and attempts at manipulation among other things. Since I started charging $120 that doesn't happen on my forum.

This forum has lots of great info but I think this is the third time I have been here since the beginning of the year!

No more mentions in The Australian paper lately then Crazy Jim Smith??

Jayne's tip drives the gravy train

• Hedley Thomas
• January 05, 2007

FIVE trading days ago someone who goes by the nickname of Jayne delivered a spectacular tip to one of the internet forums dedicated to Australian stocks and their fast-moving day traders.

Her brief post on www.crazyjimsmith.com shortly after the market opened on December 28 stated

I did some research last night on Goldsearch Ltd and feel that it's worth a look at. It's up over 8 per cent this morning and is currently drilling for uranium 6km away from the old Mary Kathleen uranium mine. When the day traders and stickybeaks saw Jayne's post, Goldsearch - the newest darling of the booming uranium exploration sector - was just under 5c a share. The options were under 2c - and Jayne claimed to have bought 200,000, which would have cost almost $4000. Twenty minutes later when Jayne made another contribution to the forum, Goldsearch shares and options were lifting off on high volume. "Anyone else getting on board?" Jayne wrote.

The program is targeting uranium mineralisation at the historic Elaine Dorothy prospect and at the recently identified McGregor target.

Goldsearch had started to rocket, attracting the hundreds of day traders who browse a handful of internet sites. News of Jayne's prescient post that morning was spreading like wildfire.

Some traders expressed scepticism, suspecting blatant ramping or a pump-and-dump, while others scrambled to get on board.

I hope your information is good Jayne because I just followed you! wrote Crazy Jim Smith.

Jayne replied: All my info is provided in good faith after hours of countless research. In this market, uranium is still the flavour of the month and that is the main reason for me to buy. Welcome aboard the GSE train.

Before lunch, Crazy Jim Smith was seeing a significant profit on his own investment. He was getting premonitions of $1. But minutes later, Jayne was jumping.

 

[greggy]

No more mentions in The Australian paper lately then Crazy Jim Smith??

Hi Kauri,

You hit the nail on the head. Crazyjimsmith should look into his own backyard before criticising others. Crazyjimsmith certainly lives by his name. As I've said before ASF is the best going around and is free.

 

[Brissydave]

OK Guys and Gals ....

I know Crazy personally so I got a good laugh out of the above posts ... for several reasons.

First Greggy .... this was your first post on the INL thread, and sadly they have not improved.

27th-February-2007, 02:13 PM
greggy Join Date: Apr 2006
Posts: 633

Re: JRV - Jervois Mining

--------------------------------------------------------------------------------

Originally Posted by crazyjimsmith
They have a nickel laterite project in Young that has a JORC of 280 mill tonnes nickel at 0.58% cut off.

Intec is buying up and I think they want it for this project as I suspect they will use their technology to get the nickel out.

Current value of the contained nickel in the ground is $60 billion!

This is all true Crazy Jim Smith, but its share price has gone up a lot over the last few days. By the way how is your forum going seeing that you now charge $120 pa for it? Considering that the ASF one is free of charge makes it a bargain.
DYOR

I have scrolled back through the INL posts and all you do is either have ago at Crazy Jim or Atomic 5, you even suggest that Atomic 5 is un-Australian ...

3rd-March-2007 09:50 AM
greggy

Originally Posted by Atomic5
Yeah, and compare that with INTECs most recent Hellyer report. Bright company INL.

I hope INL does a takeover if JRV will not submit to a Joint Venture, and does good things with the vast Nickel resource. That JRV report was very very shoddy. They even forgotten to tell us about the Uranium grab sampling & drill plan planned for the end of February 2007.

Next Fridays meeting (March 9) shall see.

ASX ANNOUNCEMENT 27th February 2007
Recent Trading and Top 20
In response to a suggestion from ASX (Adelaide) and in view of the recent trading in
Jervois Mining Limited, it is proposed to release a Top 20 holders list for the next 5 trading
days (or longer if appropriate).
A meeting with the Intec Ltd board has been arranged for Friday 9th March 2007.
By Order of the Board,
DUNCAN C. PURSELL
MANAGING DIRECTOR

New members to the Top Shareholders list today include a company called Thinking Net ... and a Chinese gentleman or woman (reps?) at 10m shares each.

Shareholders were hoping for more shares bought by INL methinks. Australian shareholders are wierd.

IMHO - Please DYOR

Hi Atomic5,

"Australian shareholders are weird" you write. I think you may have over generalised a fair bit there and your comments are pretty un-Australian. Where do you hail from?
DYOR

Can you not think of any constructive information to post on the subject of INL ....


And Kauri ... As an owner of a stock forum I would think that Jim would be well aware of the use by "the unscrupulous" to ramp and manipulate a stock with incorrect information and exaggeration .... geez it even happened on his forum ... wow ... and it even got in the papers. His forum was free then, and I can tell you he did not like what was happening, either.

As you highlighted - in red - Jim says that since he started charging it doesn't happen anymore ... his forum members seem pretty happy about this too.

Enough said ... ????

Now INL is the topic not another forum ... OK

I am so looking forward to tomorrows meeting, I wish I was able to attend myself ... since the correction started ... I have taken advantage of the dips to strengthen my position on INL, more than doubling my holding.

I have read the update to the INL website, including the very good section on processing Nickel Laterite deposits, like the one JRV is sitting on. OK it is a long time since I studied chemistry but I can see INL's point in using Sulphuric acid, enabling the use of a Chloride based metallic salt in the process ... NaCl ... yes that is good old "cheap as chips"... SALT ... which is just about a by product of desalination plants these days, so INL might get paid to use it ... LOL ...

Cheers ... Dave

PS. Got that guys ??? INL is the topic !!!!

 

[Sean K]

Everyone, please, can anything that is remotely like a personal attack be stopped in this thread.

Let's leave the forum for objective discussion of stocks.

Thanks.

 

[Gundini]

Oh Dear, silly me, thought there was going to be something new about JRV...

 

[Brissydave]

OOOPs .... JRV is the topic ... I was so annoyed by personal attacks I got the stock wrong ... JRV is the topic

And the meeting is tomorrow ... and I would still like to be there ..

JRV's Nickel Laterite deposit can be mined using INL's technology ... D'oh ..

And JRV's new find (fingers crossed) is Nickel Sulphide ... which is a standard processing job ... so if the deposit proves up, there are no requirements for exotic processing plants or techniques.

Cheers ... Dave

PS ... Holding

 

[explod]

Have had a closer look at JRV overnight. From where my data begins, around 1988/89 it has traded within a sideways channel for 7 years of that period at between .025 and .05 cents which is an average very close to the current price. An unbroken part of that range was a five years period from 98 to 03. I would suggest that this accumulation, if you like, is huge and will take some breaking through. The very high volume of the last month or so will have established considerable support near the current price and my feeling is that resistance must be thinning now on the same basis. Can the meeting today do it ???

Regards explod

May wealth come to you all