Jubilee Metals Share Discussion Threads

[freedom97] 10/8/2021 10:25

Imagine if you've sold to buy another share, hoping that share price goes up but instead goes down. Then Jubilee released an RNS saying they've sold Tjate or received a very good offer for the company. You would have to quickly sell the shares in the other company, in losta's case at a big loss if it happened today. But by the time you are able to buy back in JLP the share price would have shot up maybe 100%+.

Why take the risk when as many pi's have posted here, the share price will most likely be over double in a years time, due to how fast the company is growing.

At the end of the day... it's up to each pi whether they want to take the risk of selling to buy other shares and hope they make some profit to buy back here. Or just simple remain relaxed and content with the progress Jubilee is making and treat your investment here like a one/two/three.. year fixed bond and look forward to seeing both the company and share price do well, ignoring the current share price movements, as most II's seem to be doing.

[jackthecat1] 10/8/2021 10:07

ZPHR has plenty of regular ongoing positive news flow. Wonderful update yesterday too.
GLA. Sorry to see JLP down, just hold for the long term, simple really.

[freedom97] 10/8/2021 09:57

"so why not take the gamble of betting elsewhere for a few weeks and hopefully getting back in here at a lower price"

LOL! like what Losta did he bought AVCT and since buying the share price has crashed down over 50%!

[ginko3] 10/8/2021 09:52

Agree and I've not sold a single share but in the mind-set of some of the short-termers on here, we've no idea when there'll be any more news so why not take the gamble of betting elsewhere for a few weeks and hopefully getting back in here at a lower price before new drops. . . .seems to be working for them so far

[freedom97] 10/8/2021 09:51

Why sell and move your money like Losta did into another company, only to find the share price goes down after buying.

Anyone who has researched Jubilee will clearly see the company is in a very strong position and will grow and grow as it has been.

Also, if the share price stays down this low it is a bigger target for a T/O. I hope not until share price is over 30p.

[mikebolle] 10/8/2021 09:48

This drop is not jlp related. On the jse, although the Alsi is up 1% today, it is "pulled" by Naspers (the biggest cpy on the jse) which is up 9%. So, money is rotating from higher risk- to lower risk shares today. ALT-X is down 1.7% and the Mining Sector down 1.3%.

[ozzmosiz] 10/8/2021 09:46

Why stay? Lololol

[freedom97] 10/8/2021 09:45

Ginko, according to Leon, lots of new project news to come.

[ginko3] 10/8/2021 09:43

Results gone, no news imminent, other opportunities elsewhere . . . . why stay

[sb] 10/8/2021 09:31

But then again you have said you are looking to load up..having unloaded and then blethered about delayed updates for weeks...

[adejuk] 10/8/2021 09:28

i hope it is free - they will have buy back.

[freedom97] 10/8/2021 09:27

re. 42105 adejuk, yes it can, the short was most likely fed in at say 100k at a time so caused some pi's to sell when share price drops and the selling picks up as more is shorted. Hence manipulation of share price

[sb] 10/8/2021 09:26

There you go again Ade.. You just can't help yourself can you..?

[adejuk] 10/8/2021 09:23

'canon' out at 15?

[alpal2] 10/8/2021 09:22

Spread closing; price dropping. Looks ominous for further drop but hope I'm wrong.

[adejuk] 10/8/2021 09:21

'exceptional' performance.

[adejuk] 10/8/2021 09:19

0.09 short ?
that can't be responsible imo.

[freedom97] 10/8/2021 09:15

Goingforarun is correct imo, the share price is being manipulated as Mount Teide pointed out with the 0.09% short, plus traders selling helping the short.

However, as soon as the short is closed the share price will rally back up as many traders will buy back in.

Most likely the short will be closed just above 15p unless Leon issues a great deal.

[freedom97] 10/8/2021 09:08

Looks like we have some on this board wanting share price to go lower, must have panicked yesterday and sold some. Note the red ticks.

[adejuk] 10/8/2021 09:06

someone knows what's going on but we'll be last to find out

[sb] 10/8/2021 09:05

With a handle like juju... What do you expect..?

[frogkid] 10/8/2021 09:05

No freedom , there is short term nerves here.

[sb] 10/8/2021 09:05

The MMs know there is indecision in the holders because of all of the negative speculation which I see juju still maintaining this morning and are simply using psychology to generate business for themselves...

[freedom97] 10/8/2021 09:00

More buys than sells, MM's just testing to see if they can shake some more pi's into selling. Once buying increases they will quickly go positive.