Jubilee Metals Share Discussion Threads

[frogkid] 18/2/2021 15:20

And cobalt

[adejuk] 18/2/2021 15:20

thx frog
lol
and that's not love :-)
i started work at 6 today
so wine o clock is 1pm for me
i am taking full advantage :-)
be safe and be well
a

[pshevlin] 18/2/2021 15:19

Hopefully this is going to run and run for the next few years. Every single article I've see on commodities this month, especially Iron and copper, says we are in a new bull run which may last for a decade. Rock on Tommy!

[frogkid] 18/2/2021 15:15

Go and lie down ade

[adejuk] 18/2/2021 15:12

jeez
dreams do come true
until the nightmares

[adejuk] 18/2/2021 15:08

look at the history

[frogkid] 18/2/2021 15:01

A good philosophy Tony, I would afford that he stipulated that the story remained positive...

[tonyevo256] 18/2/2021 14:59

Multiples of 5 are always a psychological barrier both as a point of resistance and support. Investors tend to set target at round numbers so we could see a bit of resistance...but if we can break 15p then the next big barrier is 20p..

[gsg] 18/2/2021 14:58

So all these sells at 14.85p and below, going through as buys with the mm's faking their positions on the bid at 14.5p with a 3.4% spread. Something weird def going on. Lets see how it plays out, over the next few days.

[adejuk] 18/2/2021 14:51

big rise by close

[tonyevo256] 18/2/2021 14:49

Warren Buffett once said take a long time to find a good stock but when you are sure youve found it invest like there's no tomorrow..JLP for me optimises that good stock, so I keep buying.

[gsg] 18/2/2021 14:45

He's not called "Losta" for nothing!

[adejuk] 18/2/2021 14:41

frog
losta can't find his bum

[adejuk] 18/2/2021 14:40

one consequence of that is
sell on spikes

[adejuk] 18/2/2021 14:39

gavi
zen rule number 1
protect your capital
it took me 20 yrs to learn that
no gambling!

[adejuk] 18/2/2021 14:37

gaviar
good post

[frogkid] 18/2/2021 14:33

Meanwhile, and I really do hate to bring this up, Lostda has jumped into RR yesterday and already done 4.5%! Mind you, it doesn't hurt so much when it's a virtual portfolio.

[frogkid] 18/2/2021 14:30

I concur Ade

[gavlar2] 18/2/2021 14:27

Unfortunately I missed out on last year's rise.
I only bought in after H2 results suggested possible forward P/E of about 5.
Bought at about 13p then 12p then 11p then 12p and again at 13p, content in the knowledge that insti's had spent over £10m at 13p, and they would probably hold for many months, but probably for years. They probably wouldn't waste their time wanting a short term 15p target.
My initial targets were 20p by year end, 30p by year after that, then 40p or higher some time after that. I'm happy to wait that long to double or treble my money, or better. That could be a slow but steady 3-4% rise per month, somewhat pedestrian by last year's rise, or it could be more rapid. If it spikes to 20p+ next month, as Zak said that it could, then I might be tempted to sell some, hoping to buy back in cheaper, but risking not timing it well and losing out in the long run.
If PGMs are worth earnings of £50-60m pa (or more given recent rises), and Copper earnings are set to exceed that in a few years, then 30p at some stage doesn't seem overly optimistic to me.
Indeed, if jlp can get to 25,000 tpa copper in a few years time, and copper keeps anything like its current price, then 40p may be too low a target.
Holding steady, waiting for events to unfurl, not wanting to sell out too early.

[adejuk] 18/2/2021 14:18

otoh
i have no doubts that this will make me richer than it already has - and that is substantial
lol

[adejuk] 18/2/2021 14:17

froggie
i already have
one thing i have learned is the importance of targets
it all depends on personal circumstances

[frogkid] 18/2/2021 14:05

Makes sense ade but I would wait to see what the next 6 weeks brings. You might need to rerate upwards.

[adejuk] 18/2/2021 13:45

spread is egregious

[adejuk] 18/2/2021 13:40

in the end it's all about emotions. fear v greed