Bluejay Mining Share Discussion Threads

[bgnhlr] 17/8/2018 14:20

Thanks davroc

[davroc] 17/8/2018 14:00

BgnhirHe is responsible for Shareprophets website. Take a look.

[bgnhlr] 17/8/2018 13:26

Who is TW our of curiosity?

[bdog51] 17/8/2018 13:03

Agree that it's clearly an organised shorting attack, usual lies and manipulation. Shocking that this can happen unhindered by the authorities. This shocking manipulation of the share price should be made illegal.

They still have to buy back their borrowed shares at some point. Ride the wave, buy or hold. It's happened before and the share price fully recovered before. I'm holding firm and added more this morning.

[alibx11] 17/8/2018 12:58

They're being hit at 11am each morning, so to me looks like a targeted and purposeful attack rather than investors selling through boredom or no news... Look at the detailed charts last few days...

[itscominghome] 17/8/2018 12:38

You can’t keep blaming Winnyworth or Align. If they were wrong they wouldn’t be falling 15/20% a day with no bounce.

[monts12] 17/8/2018 12:30

Bluejay Mining* (JAY LN) 14.8p, Mkt Cap £125m – Ilmenite prices rise as impact of China Green Shield environmental policies cut supply

STRONG BUY - included in MSCI index

Target Price 45p

Ilmenite prices for titanium dioxide feedstock rise in China as move to higher-grade and cleaner iron ores cuts out production from titanomagnetite and other feedstocks.
Producers in China continue to be affected by renewed environmental inspection shutdowns by local authorities.
Demand for ilmenite from the Chinese pigment industry also continues to be volatile, caused by the impact of periodic environmental inspections on both domestic ilmenite producers and pigment producers.
Imports of ilmenite to China from Vietnam and India should also continue to be restrained due to political factors and lower market prices according to Base Titanium.
We understand from an independent industry source that a significant rise in demand has led to the restart a number of previously idled but refurbished ilmenite furnaces, some of which have since suffered catastrophic ‘Force Majeure’ failures.
Eg kiln problems in Q1 at TTI followed a furnace fire in 2016 while Rio’s Richards Bay Minerals and Sorel in Canada both also had problems.
Ilmenite prices have risen this week to an equivalent of US$178/t in China from a recent low around US$172/t caused by an excess of concentrates in the market depressing prices since May.
The knock-on effect has been to cause the drawdown of stocks at pigment and other processors in a market of rising end-user demand.
Pigment producers are likely to look to restock where possible to protect against further kiln and other failures.
The situation is likely to raise demand and premiums for high-grade, clean ilmenite feedstock particularly with the restart of Cristal’s (Tronox) new 500ktpa TiO2 Jazan furnaces at the end of the year.
Conclusion: There would appear to be significant demand and room for a new high-grade, ilmenite producer with relatively clean concentrates. We look forward to further news on Bluejay’s discussions with ilmenite offtakers and potential financing that often comes with these sorts of offtake supply contracts.

*An share price Angel mining analyst has visited the Dundas (formerly Pituffik) ilmenite sands project in Greenland.

*SP Angel act as nomad and broker to BlueJay Mining.

[buoycat] 17/8/2018 12:09

You have to remember that the shares are only valued at what people are prepared to pay at the moment. The fundamentals say zero. Everything is about hope. I bought these at 12p when they were finnaust and saw the price drop to 1p and then soar to a market cap in excess of £200m. The hope is that it all works out and we are looking at a £1billion+ company. But there are plenty of hurdles along the way. Best to take a long term view.

[xclusive2] 17/8/2018 11:52

Snowyflake,

You can say that this a short attack but i believe more to it and the leveraged PI will take a kicking. Was 12.7p the bottom yesterday ? i think we may revisit it and it will need to bounce, otherwise this could be painful. You believe the fundamentals so surely this is the buy of the century @ 50% discount and those Insti's must be climbing over themselves to take advantage. Those with deep pockets and those not invested yet have a real opportunity here.

Smarty

[alamaison5] 17/8/2018 11:47

RNS: NOTIFICATION OF MAJOR DIS(lol)INTEREST IN SHARES.
So overvalued his shi...

[snowyflake] 17/8/2018 11:35

monts worth thinking why TW lives abroad out of the jurisdiction.

[junk] 17/8/2018 11:29

However need that spread to tighten first

[junk] 17/8/2018 11:28

Another buying op this morning i see...back to there old games at this rate i am going to own the company ....:)

[redhill9] 17/8/2018 11:20

.....ALBA next door is valued at nothing for SAME product. If u believe Greenland story u buy ALBA and keep selling JAY.

This comment from Align is either misleading or a blatant distortion, take your pick.

It ignores the crucial point that the ALBA assets are those rejected by Bluejay as being inferior. So that Align quote should perhaps read "ALBA next door is valued at nothing for INFERIOR product" ..............which of course perhaps explains why ALBA is valued at nothing......?

There's also the minor matter of funding - Bluejay has funding under control, how much funding does ALBA have for developing it's inferior assets?

[redtrend] 17/8/2018 11:13

Calling Align an "outfit" is giving far too much credit and clout. Appears to be just one guy Richard Jennings in a back room in Bradford, who said to short JAY back when it was in single figures and appears to have shares in ALBA as alibx11 alludes to.

That extract above is just TW's words again is it not, albeit maybe just regurgitated elsewhere.

[rmart] 17/8/2018 10:07

agree align are a disgraceful outfit. They have a postion in ALBA and are merely trying to get people to sell and buy ALBA. Anyone listening to them needs their head testing.


Align Research
‏ @AlignResearch
22h22 hours ago

Been asked whether Blue Jay Mining #JAY SELL recommendation remains following halving of stock price. We repeat - market cap still £120 oddm. Cash £12m and ALBA next door is valued at nothing for SAME product. If u believe Greenland story u buy ALBA and keep selling JAY.

[alibx11] 17/8/2018 10:05

Wouldn't believe anything Align Research have to say on the matter... they're just an advertising and promotion company, take a look at they're website.

No better than bloggers who do a favourable write up for freebies, they will promote your comapny for a payment in equities.

[25wbh] 17/8/2018 09:43

Thanks rmart for providing link
Morning Snowyflake, things hopefully will look up now.

[snowyflake] 17/8/2018 09:30

Exactly statto1

[statto1] 17/8/2018 09:23

Notification of Holdings out - Sand Grove bought 90bps of the whole company yesterday in CFDs. Institutions buying, not selling. Blatantly a bear raid then.

[alibx11] 17/8/2018 09:22

Sand Grove just notified increased holdings yesterday.... on the drop.. fancy that.

[rmart] 17/8/2018 09:12

having to pay a premium for any decent amount now, about to pop?