Jubilee Metals Share Discussion Threads

[choppernoel] 25/6/2019 15:42

3 days left Mr Leon

[the bull] 25/6/2019 15:23

when JLP hits 20p and GLR hits 5p, let's have a party

[boris cobaka] 25/6/2019 15:10

plat starting to move....

a little late to the party perhaps but better late than never. 829.50 needs to go.
Just as gold may dip slightly with a possible wee bounce in the $

[choppernoel] 25/6/2019 12:31

large volumes shares traded on jse. Just more than half of Leons shareholding in jubilee

[choppernoel] 25/6/2019 12:26

someone mentioned last week the seller had gone? maybe they were just ill. looks like they are now better

[choppernoel] 25/6/2019 11:20

Tick tock Leon. Not long to go.

[sharenotes] 25/6/2019 10:43

It has become a real dilemma for the coordination of governments/central banks/bullion banks and associated trading desks to ‘manage’ the price of gold (and other precious metals). For ‘manage,' read suppress. The reason being is that the Asian markets are picking up the physical at a voracious rate and by suppressing the price, gives even more incentive to keep on purchasing. If left to a true price discovery mechanism (physical supply and demand), few would argue against the gold price being significantly higher. The key players in the paper markets are under orders to protect their respective currencies, so don’t expect true price discovery any time soon. Notwithstanding, a tactic might be to let the gold price move higher to see if that contains the exuberance of the Asian markets. Many trillions worth (pick a currency) of government bonds are now yielding a negative interest rate and with the more dovish stance of central banks, this situation is set to continue. QE looks like it is on the cards again which will further undermine the ‘note in your pocket.' In contrast, a gold coin in your pocket is a store of value; I think even Greenspan acknowledged (probably only once) that gold is money and everything else is credit.

Expect precious metal prices to continue their upward ‘saw tooth’ trajectory.

PS Mikebolle1, silver is not a bad play.

[plat hunter] 25/6/2019 10:19

One of my favourites that sharenotes

[goingforarun] 25/6/2019 10:06

Chopper, positive as always!

[choppernoel] 25/6/2019 09:58

1.59p is more accurate.

[1madmarky] 25/6/2019 09:51

That would be sooo nice 😁

[freedom97] 25/6/2019 09:42

Is that the chartist that was interviewed by Zak, she said she likes Jubilee a lot and gave an initial target of 15.9p.

[mikebolle1] 25/6/2019 09:15

Karin Richards, whom I am following for the past few years, is a respected technical investor and analyst on the JSE and ASX. Last night she tweeted: "If there is significant potential upside in a risky stock, it is often worth buying just a bit." ... "Silver a possibility, as is HAR DRD JBL"
If Karin ranks JBL with the likes of Harmony and DRD, and she feels it has a potential upside, then it just confirms my decision to hold here for the long run.

[choppernoel] 24/6/2019 18:51

Leon is a master at squeezing investors out of news until the last second. THEN, he continues squeezing shareholders with the said news being reported late. What more do you expect from a man who owns as little as he does in jubilee. The little man matches his little investment in jubilee.

[choppernoel] 24/6/2019 16:37

4 days left Leon. Platcro Pgms. Tick tock

[alwaysevolving] 24/6/2019 15:23

Classic movie that sharenotes!

[sharenotes] 24/6/2019 14:46

It seems that the ‘Asian’ markets are more interested in the physical whilst good old Europe and US markets are happy to keep the paper casino in full swing.

Notwithstanding, Comex is having some fun today, attempting to keep a lid on things.

Meanwhile, a short instructional video on commodities, in general, may enlighten some:

[gsg] 24/6/2019 12:17

Very bullish interview on the platinum price.

[the skipper] 24/6/2019 11:33

There are now five market makers on the bid and only one on the ask, so with only three trades so far today they must certainly have decent orders to fill. Chart set up looks perfect for a break out on next piece of news so I think it must be close now.

[the bull] 24/6/2019 10:32

I think GLR would be a very worthwhile little punt based on a mutually good deal with JLP. We shall see soon enough I suppose but the market cap is diddly squat and any half decent deal should ignite the share price I hold 1M so partially biased now I suppose.

[plat hunter] 24/6/2019 10:03

Wouldn't touch it with a barge pole undie, BMR mkII.Can't imagine all these insti's are on board with doing favours to help Colin out at their expense... Notwithstanding that Colin was behind the name change here to 'group'

[kennyp52] 24/6/2019 09:59

It did not hold at 91 closing at 88.50 within days so it seems you never got in and misled on the CEY board that sub 70p was a real possibility to pick it up cheap . You get paid to deramp shares ? Is that it ? Kick a share down as low as it can go ? Go down William Hill ... you have more chance .