Jubilee Metals Share Discussion Threads

[sharenotes] 15/5/2019 13:11

I would like to see gold keep its nose above $1300 – more of a psychological than technical level. Let’s hope those US traders have got out on the right side of the bed this morning.

[choppernoel] 15/5/2019 12:51

DCM pgm's to also to start shortly. Mining approval is imminent. The market will be updated soon. Leons timeline language

[choppernoel] 15/5/2019 12:48

Platcro pgms to start imminently. The entire process will start shortly and the market will be notified in due course. Leons timeline language

[kryptonsnake] 15/5/2019 12:21

Bill is desperate to ramp Jubilee

Maybe he should join Platts at the caravan park

[kryptonsnake] 15/5/2019 12:14

Getting closer to sub 3p

The only thing that will stop the drop is a new project announcment

[dmitribollokov] 15/5/2019 11:35

Colin Bird basically had a success 10 years ago with a copper mine that he sold for $260m to First Quantum called 'Kiwara'. He has used that as the basis to waste a similar amount of money in various different vehicles, whilst drawing huge fees and salaries. At JLP they used to claim to not receieve any cash salary, meanwhile had a vehicle called Katlego that they owned which received $'000s of 'consultancy fees' (Bird, Coetzer and another director), you used to be able to google search it and it had a website - all of companies were listed as 'clients' were CBs. Once it was pointed on the bulletin board and people became aware of it, all trace of it disappeared from the internet. Absolute bunch of sharks. There is always a fresh batch of bright-eyed baby seal investors for them to club unfortunately. I reckon half the people on the JLP bulletin board work for the company...

Current Colin Bird related companies (not exhaustive) either board member or chairman...

Bezant Resources
Tiger Resource
BMR Group
Lithium Chile
JLP (lol)
New Age Metals
Revelo Resources Corp
Xtract Resources
Polar Star Mining
African Pioneer
MIT Ventures
Bushman Resources
Lion Mining Finance
Lion Capital
Gallileo Resources
Glenover Phosphate

Have a look through the annual reports of these companies, look at what they are valued at and look at what the directors take out in salaries/fees to affiliated companies.

AVOID !

[sharenotes] 15/5/2019 10:11

AAU is a no brainer – I like the cautious nature of the CEO; SML on the other hand!

[sleveen] 15/5/2019 10:06

sharenotes, still keeping watch on AAU.

[sleveen] 15/5/2019 10:05

I will after the SML placing.

[plat hunter] 15/5/2019 10:04

Not checked in for a while tbh Sleeve. I only have a mild peripheral interest in SML at the moment.Like SN.. I love Cornwall too.. Maybe WOLF has damaged the perception a little but seems like a decent little company with half decent prospects. You taken a punt yet?

[choppernoel] 15/5/2019 09:37

Nelson01 the only idiot is the one who places his head up the chocolate starfish. You seem to enjoy the view.

[sharenotes] 15/5/2019 09:01

Sleveen, really enjoying the ‘banter’re: SML. I have a ‘soft spot’ for Cornwall, so I am invested there too. It's interesting to contrast with the dialogue on AAU – you back in yet?

[sharenotes] 15/5/2019 08:50

As a follow up; we don’t only need ii’s, but we need strong ii’s. Directors work for the owners (shareholders) but they often ‘forget’ that. They will award options at par value (JLP has done this in the past), for example. Where is the motivation in that? A strong ii can remind the directors who they are finally responsible to. Let’s hope our ii’s won’t take any nonsense going forward. Keep the salaries lean to keep’em mean, or something like that.

[nelson01] 15/5/2019 08:47

Aces should be treated like the other two idiots krypton and chopper and filtered.

[sleveen] 15/5/2019 08:40

PH some good debate of the SML accounts if you've not seen it already.

Sorry for OT.

[deme1] 15/5/2019 08:37

would have thought we would see buying at this price given the new trend

[sharenotes] 15/5/2019 08:30

Big salaries can be a strong de-motivating force, paradoxically. Seen it many times. Better to offer options that have a strike price at least double the prevailing share price I have seen that work wonders.

[1madmarky] 15/5/2019 05:41

If he delivers what we are aware of now plus a big fat copper/cobalt deal or two. Then he can write down whatever salary number he likes as far as I'm concerned and it's his.

[billthebank] 14/5/2019 23:32

Kenny Clearly

Canaccord after recent dialogue with some knowledgeable posters on ADVFN are selling all of their holding.What were we thinking of?

Shard think Jubilee is class

The company is making money like never before!

These numbers were delivered despite issues outside of the company's control

The company have been listening and in future will provide more precise finance numbers on a half yearly basis

CB isn't pulling the strings anymore

Platcro was a deal and a half

BMR has worked out really well

Zambia licence could drop in any time.

There is sooo many good things going on here I am going to stop and leave the doomsayers to their own devices.Easier that way!!!

[goingforarun] 14/5/2019 22:09

Isn’t it just over 18 months?

[goingforarun] 14/5/2019 22:04

Hope not, he’ Got enough options!