Bluejay Mining Share Discussion Threads

[perfect choice] 22/8/2018 18:28

Market cap reflects value and potential of assets and have no issue with current valuation I regard as very cheap "ultimately". Only question is the current valuation the right value now? Taking size of asset, its world beating purity, SRK output earlier this year to validate, high probability of license being granted and near term as well, expectation of multiple off-takes on the way, etc, then I have no problem with the valuation today and a much higher valuation in due course.

[xclusive2] 22/8/2018 17:23

Monet,

Thanks for that. That was an awful interview and Justin Waite was awful ! Obviously JAY not paying enough for quality airtime !

Summary
- Bear squeeze but share price recovering and great buy opp
- Offtake news at anytime
- Kerala floods affecting Ilmenite supply chain

Nothing new there and Justin didn't like the 120m m/cap, allegedly likes a tiddler, oooh err missus.

[monet] 22/8/2018 16:08

Bluejay on Vox Markets starts about 15 minute in.

[presto77] 22/8/2018 13:48

You seem worried

[control1] 22/8/2018 13:05

The last sentence is how we feel about you...

[xclusive2] 22/8/2018 11:33

PC,

Yep, that about sums it up. This isn't a game for the faint hearted and the losers here are those longs who entered the game in the 20's and unfortunately the biggest with leveraged positions and no firepower to reload. You're not a loser until you've sold but if you're a forced seller then that's called risk.

Nothing has changed re the story here (as far as we're aware) and a great opportunity if you're a believer. TW and pals will spout the 'fundamental not supporting' case, licenses and offtakes not awarded, the weather, high pollen count, mad cow's disease, yada, yada. The fact is, nowt has changed and on paper, only the sp, the rest is white noise until proven otherwise.

[monts12] 22/8/2018 11:31

Some very self important people posting on here about their magnificent short trading.
Soon to be toast, hopefully. It’s all getting a bit tiresome.

[itscominghome] 22/8/2018 11:29

Presto - you said if they go up I’d have to sell. Now you’re saying if they go up I’d be stopped. So you clearly don’t know what you’re talking about- you’re contradicting yourself lol.

And who says I’ll be stopped. Maybe I don’t have a stop loss, maybe I’ll sel more. Either way I suggest you learn the difference between buy and sell.

[perfect choice] 22/8/2018 11:10

Agree xclusive2, not commented much on recent events as have been on holiday (so only a few iPhone sourced posts) but now back. IMHO JAY price got a little too close to leveraged take-out prices and the news gap created an opportunity for sorters to push through new positions as has been done. They are still trying I can see but starting to see impact of bargain buys now to counteract.

From what I know and have established, I really would not want to be open with a short when the off-take agreements appear. I'm pretty certain on one off-take partner based on combination of snippets from multiple sources and the market will react when that is announced. Just like longs, shorters need have a stop loss price fixed in their minds.

The approvals process is actually looking fine and we'll underway as per posts earlier today with links. The government is supportive of JAYs prospect and both the company and government are working well together.

This is a news gap but come October onwards there will be some major announcements to come on the approvals and certainly off-takes, which may well come before and at anytime.

I'l still accumulating myself as this has been an unexpected opportunity as far as I am concerned.

One last thing, somebody here needs to learn how to understand trades as posted by ADVFN. Trades are allocated in an automated manner based on bid/offer price at time. based on that spread, it can mean buys are shown as sells as has happened twice for me recently. So quoting the full volume shown as sells in ADVFN is incorrect, you have to look at the actual trade price and spot the real MMs offer/buy price given. That is clearly a little too hard for "certain" individuals on here!

[xclusive2] 22/8/2018 10:31

6 month high - 27.5p
3 month - 24.9p
1 month - 22.5p
Recent low - 12.6p
54% decline in 6 months

There's no getting away from the facts and the short community have identified a news void and in their view, an inflated m/cap position, over leveraged PI community and have taken advantage. With the large institutional interest here, i'm puzzled as to why the share price has crashed unless one or more have lightened the load ? Surely the stats above would make this a no brainer investment at this level ? Something to be disclosed ?

I have added to my 'long' position here.

[presto77] 22/8/2018 10:24

You cant go naked short so you must be spread bettingYou will get stopped out if price goes up too muchI know how markets work very wellWhich is why I would never spread bet

[alamaison5] 22/8/2018 10:12

ItsComingHome:
Cheers mate. Are you long on anything? Check OPHR...

[itscominghome] 22/8/2018 10:09

Alamaison - 12p I’m closing half.

Presto - WTF are you talking about lol “you have to sell” absolutely clueless

[bigboyblue] 22/8/2018 10:02

Interesting Rampair, and I guess that with ours being a very simple mining operation, that would make it all the more likely to be practical.

[presto77] 22/8/2018 10:02

Thats why you keep postingYou are worried

[presto77] 22/8/2018 10:01

You are shortWhat if price goes up?I don't have to sellYou may have to sell

[alamaison5] 22/8/2018 09:59

presto77
22 Aug '18 - 09:58 - 4103 of 4104
But i buy at 4-6p and it now 14p

Another disillusioned schizophrenic, lol.
Keep entertaining us mate. This is fun.
xxx

[alamaison5] 22/8/2018 09:58

ItsComingHome:

Target: 10p or lower to close short?

[presto77] 22/8/2018 09:58

But i buy at 4-6p and it now 14pYou are silly

[itscominghome] 22/8/2018 09:51

Presto - I’m not worried, I’m short, I’m loving it. And if your seriously ask the question “why are millions on the screen” then that’s a real worry. Clearly clueless about how markets work. Anyway ... good luck