Jubilee Metals Share Discussion Threads

[goingforarun] 16/4/2019 19:06

As long as they’re not all sales that’ll be fine!

[freedom97] 16/4/2019 17:28

Once again shares transferring from the impatient to the patient. Nice 1.5m delayed buy from 9:50 mopped up the smaller trades. I wouldn't be surprised if we see many more 1m+ trades going thru over the coming weeks.

[sharenotes] 16/4/2019 17:03

The top psychologists on the planet are PR experts. They know how to build the facade that resonates with cognitive dissonance. Best of luck, frogkid.

[frogkid] 16/4/2019 16:42

sharenotes16 Apr '19 - 16:13 - 10861 of 10861

come the Revolution!

[sharenotes] 16/4/2019 16:13

alwaysevolving,

It is much more profitable not to hope for a system that is truly a level playing field, but to understand the system as is (how the field is tipped). There have been numerous court cases and/or whistleblowers that have laid out how the system really works even though joe public is spoon fed the sugar coated story. Ditto that for the stock market in general. Although a bit dated now, here’s one example of a trader’s tale:



I only picked this link because I like the catchy title:

What's the rarest commodity on the stock market? Honesty.

[adejuk] 16/4/2019 16:01

we fell to only 62% on the fibs
not bad

[alwaysevolving] 16/4/2019 15:22

Will Gold ever be free of the blatant manipulation?

[boris cobaka] 16/4/2019 14:41

So yesterday there was a period in the US pre-market when a load of gold contracts were dumped and today it was even greater. Legal limit is supposedly 3000 contracts per transaction but a short while ago there was over 20k contracts dumped which smacked gold below that important support level.

[plat hunter] 16/4/2019 14:34

That's going to do very well in the medium term Mike. No one is going to benefit more from leveraged earnings as PGM's increase, they produce an ungodly amount.

[mikebolle1] 16/4/2019 14:28

I topped-up on my Sibanye holding during the past week or so. Waiting for the strike to end... Its a risky holding but it might be worth it.

[boris cobaka] 16/4/2019 14:19

it should step back at least to the $1253 area but likely to dip below to induce further selling so $1240 looks quite possible.

Miners will follow but this 'event' should be considered a top-up opportunity and it shouldn't last too long.

[goingforarun] 16/4/2019 14:15

What does that mean? Going down, up or nowhere at all?

[boris cobaka] 16/4/2019 14:15

gold under attack again - just broke below the early March level so it's hard not to see it pinging the 200dma.
Plat not immediately following.
US$ not really up to much so it's defo under attack.

[juju44] 16/4/2019 13:54

perfect P&D double top here

[goldibucks] 16/4/2019 13:18

5m from 1,855m. Let's not factor in another 145m placing! :-)

[adejuk] 16/4/2019 13:15

5 mill from 2 bill
i make that less than 0.25%
that looks small to me
when vol gets to 50mill it will be worth a comment

[goldibucks] 16/4/2019 13:14

"I think in the region of 4p would be a tipping point for many. That is, I anticipate a lot of selling at that price." The share price will get to 4p on Q2 production data, Q3 production data will be better than Q2 with a near 100% certainty with Platcro PGMs, so I can't see why investors would sell at that point. 4p is 2/3 of the Shard target price before the Kabwe funding deal was announced. We were at 4p+ before Kabwe was announced. When quarterlies keep coming in better than the previous quarter, which is what is going to happen for the next 5-6 quarters, the appetite for selling will wane. We'll be back over 3p on the back of Q1 production data before the market closes for Easter. The volume of selling has been fairly light in the last 2 days to drive the 0.4p fall in the bid. Any positive results driven buying will swamp it.

[boris cobaka] 16/4/2019 13:06

lol looks like 'sell the day before news' is the new 'sell on news'.


Some very twitchy punters but no harm in locking in a bit of profit now and again.

As long as there's not anovver effin placing.... ;)
There, beat demekryptonsnake to it.

[kryptonsnake] 16/4/2019 12:43

Losta said this was consolidating at 3.1, he's another dreamer

Bid is getting hammered. Feel sorry for those in at 3.5

[kryptonsnake] 16/4/2019 12:24

5 million shares traded isn't low volume

Can Platts tell us at what level the support is going to be?

[goingforarun] 16/4/2019 12:15

Personally be much happier when I’ve Got a reasonable cushion against my break even...10p it is then!

[sharenotes] 16/4/2019 11:18

I think in the region of 4p would be a tipping point for many. That is, I anticipate a lot of selling at that price. Would I sell? Probably not.

[plat hunter] 16/4/2019 11:10

Low volume equals lower bids, doesn't matter what the technicals are, the prices are determined by supply and demand. If trading volume is low then there's usually more supply than demand, hence prices creep lower.

news equals activity which usually translates to higher volumes and higher prices. Support is still with JLP and quarterlies will see 4p

It's just the way of AIM. Most people like to lock in profits in the 15-25% range so no surprises in the share price action whilst we patiently wait the quarterlies.

IMO of course.

Take it for what it is but if you're a mad stalker then feel free to hold it against me, this time next week.

[goldibucks] 16/4/2019 11:08

"don't see why a retrace should be inevitable for a growth stock that hasn't even started yet". There are a lot of fed up shareholders who have held their shares for years and are sitting on losses. Every time the price goes up and settles for a few days some of them will exit. The shareholder base needs to be refreshed and that's going to mean a bumpy ride. JLP has been threatening to be a growth stock for years but is only just starting to deliver on that promise. A loss to a £0.8m interim profit isn't really growth, it's covering your costs. The growth will come at the next set of interims when their earnings will dwarf the £0.8m. That's when investors will have to accept JLP is a growth stock. When a stock goes up you have to ask yourself what's actually just happened and with the recent rise it was Kabwe funding (with too much dilution) and a small maiden profit (after 17 years). If I wasn't so confident that every announcement this year will be better than the previous one, I would have sold 10%-20% of my shares at 3.3p and tried to buy them back cheaper. There's no way I'm risking that though because Q1 is imminent and March is going to be better than January and February divided by 2. Then at some point they are going to announce another deal, cobalt in Zambia or a portfolio waste management contract, it's going to happen, it's just a question of when.