Jubilee Metals Share Discussion Threads

[freedom97] 24/9/2020 19:02

Wow this thread has been busy today.

clarky111, you clearly need to get your eyes tested, I never said, I would be happy to be linked up to AI or believe it's a good idea for a small group of elites to be able to control everything we do. You clearly have been watching too many Sci-fi films that have brainwashed you. I think you believe that all governments are working together to have a vaccine issued for covid that will inject everyone with AI that will start to control everyone taking over their freedom! LOL!

Re. your comment on my username 'Freedom', again you clearly have no clue and have no freedom yourself as it's clear you have been brainwashed by others re. AI & covid vaccines. In my post I was not suggesting I would have an implant that allowed others to control me or take my mind over far from it. Note also, I mentioned 'voluntarily have a tiny chip implant put in their hand', meaning if you want one implanted. The chip is not going to mass produce itself in your body, like in sci-fi movies & effect the body or mind, it will just have information stored on it that you have allowed, to give you the FREEDOM! to go about your life easier, without having to worry about losing your credit card, mobile etc.,... or having the items stolen. Plus if you had a health condition and you had that uploaded to the chip then could save your life, if you had accident and could not communicate your condition... That's why I said, could be very beneficial. I myself currently have no intention of having an implant, if one is successfully developed, but I can see the benefits as listed some above and probably many other benefits too. But before anyone asks for a chip to be implanted, it would most likely take years to solve data issues & make safe &, secure so can't be misused, like someone with a data copying machine passing near you reading data from the chip in your hand. So, I would have thought we are many years away before any chip could do what I mentioned, at the mo just an idea that could work but very complex data programming of the chip would be needed.

This is what I wrote to guitar:

"Is your conclusion of seeing the bigger picture that the governments around the world are planning to us AI in the vaccines when available? I simply don't believe this at all, utter rubbish imo. I do however, think in the future, many people will voluntarily have a tiny chip implant put in their hand, so can be used for many things like paying shop bills, proof of ID, record of any health issues should you be in an accident and found unconscious, plus no need for passports, driving licences etc. So could be very beneficial, but I think many years away from this happening on big scale to make it work and would have to be voluntarily requested. Already for a number of years now, Dogs & Cats have had a similar tiny implant. That has the owners contact details on, and probably details of what vacinations the animal has had, I've not looked into it as I don't have any pets."

With regards to paying for things using a chip implant. it would be no different to what probably millions of people throughout the world already do now with their mobile, when they swipe their mobile over a payment machine without using their bank card. It just means you don't need your mobile or bank card to make the payment plus no need to worry losing them or having stollen. As I said above before anyone has a chip implanted would need to make sure that any data stored on it is very secure. It might be that in the early stages, only limited data is stored on the chip, like if you have a medical condition details of it that could save your life and other vital info that you want to add. No doubt it will be possible to instead of having a tiny chip implanted in your hand it could be put in a ring. The only problem, many times people lose their rings or get stollen even when wearing it.

As I said yesterday try to see the whole picture not just part of it, by thinking and contemplating every situation etc., if possible otherwise you can easily reach wrong conclusions and remember to keep an open mind. What might sound crazy today might be excellent idea years later.

[sharenotes] 24/9/2020 18:18

That was a good shout tintin, no doubt. Your rationale for selling was made during an uptrend. Very rarely do you hear people talk about stop gains (it’s all about stop losses!), but can be a useful device to have in your ‘toolkit.̵7;

[marmar80] 24/9/2020 18:11

When are the results?

[9tintin] 24/9/2020 18:03

Each to their own in how they regard this game of stocks and shares.

I sold 500k on the way up at prices between 5.55 & 6p and made a profit - I'm happy with that and even more so with the current share price on the way down.

Irrational it maybe for the share price to be heading south, but one thing I've learnt over the years I've been investing is not to fight the trend, and ATM that trend is down.

I'm sure the numbers will be good when they come out but in the interim I'm happy to wait the moment - those that keep buying on the way down - good luck.

tintin

[sharenotes] 24/9/2020 17:58

eblitz1,

I think we are on the same page but, unfortunately, in the minority. By not taking the most verbose view, expect flak. Notwithstanding, I think you can handle it! All the best.

[gsg] 24/9/2020 17:50

Chinese alloy market, currency movements support UG2 prices

The UG2 chrome ore prices in China rose again on Tuesday September 23, with the steady downstream ferro-chrome market supporting market sentiment, sources told Fastmarkets.

Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China edged up by $1 per tonne or 0.7% to $139 per tonne week on week on Tuesday September 22.
The index has risen for four consecutive weeks from $133 per tonne on August 25, marking a total gain of 4.5%.
Some ferro-chrome producers told Fastmarkets that they were willing to accept higher prices in dollar terms for UG2 chrome ore due to the strengthening yuan.
The Chinese currency was trading at 6.78 yuan to $1 on Tuesday, compared with 6.91 yuan to $1 on August 22, according to currency exchange website Oanda.com.
“Ferro-chrome producers can absorb higher prices in dollar terms..

[sharenotes] 24/9/2020 17:45

csjcsl2,

The price mechanism in the PMs space is inverted. With PMs, the spot price is governed by the derivative and not the asset. This allows for a lot of ‘fun and games.’ I see it reported that JP Morgan is going to be fined $1B for not playing by the ‘rules.’ Meanwhile, the only game left in town, debt expansion, is still on full throttle (did you catch the Chancellor’s statement today?). This will not do PMs any harm, manipulation or not.

[eblitz1] 24/9/2020 17:27

Sharenotes
Agree again, unless you are a trader( which I never think is worth it) you have to look at the fundermentals and longer view. For instance, when Covid first appeared JLP went down from about 4.5p to 2.8p and then shot up making it one of the best recovery stocks. saying I sold my 500k and can buy them cheaper to me is nonsense, so what. you will more than likely get caught out. Fight or Flight Paranoia etc etc.
Just sit tight and you will get very good returns PG. You only lose money if you sell what it says on paper means nothing. This will be a great stock probably nearer Xmas
Sorry to say all the noise on here from Plathunter and the others is just boasting and noise

[sharenotes] 24/9/2020 17:18

frogkid,

Fair point, but until you have bought back, that assumption carries little weight. One cannot deny that even in this minuscule microcosm that this bulletin board represents, a number of individuals have sold, not because of fundamentals, but because of a narrative. It just goes to show how powerful such a simple device can be. One’s intelligence does not seem to be an adequate defence. Notwithstanding, it is a real effect, and should be duly factored in. Best of luck.

[csjcsl2] 24/9/2020 17:07

sold all my stock in every company because of cov19 and a corrupt government..easy decision to make.when you know whats really going on..chart says around 4.9p..but 200mda is possible if metals keep falling..will be watching closely for a re entry..jlp are a great company under normal circumstances and I can easily see 20p in the next 12 to 18mths.if all goes well with the world economy..a big if.

[frogkid] 24/9/2020 16:58

Nevertheless I can buy back my 500K for about 0.4 less, that's almost 10%.

[lostabillion] 24/9/2020 16:50

Exactly eblitz1.

[eblitz1] 24/9/2020 16:44

Sharenotes
Totally agree with you, it is just illogical that JLP get's hammered even in a bad market because of Covid19. Nothing has changed, no there is change, we are getting nearer to Copper and going full on with PGM's with as you say plenty of spare cash.
When there is a depression all the wonderful Economists say get involved with Companies that have strong cashflow and free cash. This major sell in nonsense just paranoia.

[sharenotes] 24/9/2020 16:36

I don’t expect the narrative to change anytime soon but I do expect a significant uptick in PMs. There is still a wide gulf between spot and what is actually paid to secure physical. Meanwhile, narrative or not, JLP is generating plenty of cash. Interesting times.

[plat hunter] 24/9/2020 16:01

Have to sell when the selling is so wide spread.This ain't a few PI's cashing gains, everything is getting battered.

[frogkid] 24/9/2020 16:00

I would not usually reduce in a stick I firmly believe will reward with time but to reduce after recent events was a no brainer for me. Without significant news the short term trend will be downwards.

[plat hunter] 24/9/2020 16:00

Long time between now and December

[bspgamer] 24/9/2020 15:55

EEE starts drilling next Monday for GoldPeople a little company with low market capI'm a bright area in Australia with huge historical grades. I love JLP but have a look DYOR

[lostabillion] 24/9/2020 15:54

Deme1, I’m adding not selling.

Never one to follow the sheep. It’s served me very well over the last 10 years.

Not long before Jubilee release their figures and update.

Watch the herd then ;—)

[adejuk] 24/9/2020 15:31

can't sell 0
glad i have 0 to sell

[plat hunter] 24/9/2020 15:29

Can't sell 5ks worth