Jubilee Metals Share Discussion Threads

[gsg] 03/3/2020 17:24

Haha, it was obvious there would be a decent delayed trade at the end of the day. Good volume again.

[master rsi] 03/3/2020 17:06

Beware of the

it talk with a false tongue

[aceshi] 03/3/2020 16:49

All the wretched, rampers are crawling out of the woodwork over here. Panic mode setting in over on Platt/Undiies thread. Lost its lustre now that the rational folks have been booted. Long time Dan, all OK? Crossing over to the dark side, I see. Plat, so that mighty pot of yours is worth less than 200 thou. Still hacking around in the minors, are we? With all that big talk I figured you'd actually created some real wealth during that miserable existence of yours. Mr 4p resistance point. LOL

[kryptonsnake] 03/3/2020 16:41

Who's that Master RSI. Another of Colin's paid rampers?

Blood bath state side so expect a downward dog day tomorrow

Today was just a dead cat bounce day


LOLsss

[master rsi] 03/3/2020 16:29

MMs games

the 1.2m TRADE WAS DONE EARLIER THIS MORNING but reported after 16 hours as usual for large trades at a fix price.
the 30K sell and spread narrower with offer at 3.55p
but to buy is full offer much higher than before at 3.53p

[deme1] 03/3/2020 16:18

What's up Daniel?

[danieldanrichardson] 03/3/2020 16:12

Is deme over here?

[master rsi] 03/3/2020 15:37

Metal prices moving higher as the interest rates at cuts in the US
Platinium prices at $875 +15 up $7 from earlier before the rates cut.........

Federal Reserve cuts interest rates amid coronavirus risks

The US Federal Reserve cut interest rates by 50 basis points on Tuesday as it looked to counter the economic impact of the coronavirus outbreak.

In an unscheduled announcement, the US central bank cut its benchmark rate to between 1% and 1.25% from between 1.5% and 1.75%......

[sharenotes] 03/3/2020 15:21

... and the Dow doesn’t know if it's coming or going!

[1madmarky] 03/3/2020 15:20

3 single share sells... someone wants out quick

[sharenotes] 03/3/2020 15:17

Nice to see the ‘algorithms217; working their magic – take a look at the precious metals’ charts above.

[undertaker] 03/3/2020 15:05

"...Where's deme been recently?"

Demoted to the Dog board!

[gsg] 03/3/2020 14:54

5 v 1 despite the batch of sells.

[danieldanrichardson] 03/3/2020 14:47

Where's deme been recently?

[master rsi] 03/3/2020 13:54

Metal Prices

[master rsi] 03/3/2020 13:44

Trading so far

The earlier buys at 3.5475p then 3.54p and now 3.53p

Unless there is a large sell to be reported later, the buys are yet in control and only 1 MM that got a couple of sells @ 3.475p did get the offer cheaper and now narrows the spread

[bettyswollox] 03/3/2020 13:05

Not sure about 4k per oz Plat, there's presumably been a few mines constructed in the last couple of years in the face of the bull market for PGMs - beyond my knowledge though. The point being that the basket price has never been near that figure in recent years so if there are new mining operations out there, presumably they are operating profitably at todays market prices. Be good to get some information on that and to find out if any new deep mines are now on the go.
GLA

[adejuk] 03/3/2020 13:02

it would be good to see some volume - 40/70 mill a day and then we'd know we're off.
at some point a consolidation will be nec.

[plat hunter] 03/3/2020 12:45

No one would be interested in that deal Betty, you'd need basket prices at 4k for that I think.To recover only 9 times the capex over the lifetime of a mine, before operating costs is actually quite terrible.Like I said a track record and 100 million a year, paints a different proposition for them

[bettyswollox] 03/3/2020 12:45

And I wouldn't rule out something big coming with Northam, we're already working with them on Eland ?

[adejuk] 03/3/2020 12:42

the last 200000 sell was mine and it was a buy

[gsg] 03/3/2020 12:39

Def agree with the amount of cash generated by the 1st and 2nd tier PGM miners. It is unprecedented.