Jubilee Metals Share Discussion Threads

[the skipper] 20/1/2020 17:10

Plat, I have to say that you have a strange way of going about share price projections. I can't see much relevance in the dip from 4.50 to 3.75 that you are referring to. I'm more interested in the impulse waves and the last one took us from 2.8 to 4.5, a rise of 1.7p

I am expecting this wave to be longer and stronger (particularly since the last one was nipped in the bud by a placing) from a base of 3.82, so an absolute minimum target of 5.52 but with strong momentum it could carry all the way to 6.5p.

Mike, as to being overbought, the RSI currently sits at 72.57. During the Tjate license spike in March 2017 it got up to 87.76, so the share price still has some way to go imho, although it could well have the odd down day during this phase before it peaks out.

[the bull] 20/1/2020 16:52

Looking forward to an updated brokers note soon with price target after the next financial update. I won't be offloading any till I see 20p+

[adejuk] 20/1/2020 16:35

this could be the longest term cup and handle i have ever lived through

[adejuk] 20/1/2020 16:33

mike
jlp has been oversold for at least 10 years
give me a break

[kryptonsnake] 20/1/2020 16:30

Running out of steam now. Big retrace coming

It's become a pump and dump stock

Avoid


LOLsss

[mikebolle1] 20/1/2020 16:18

nelson, lets hope I'm wrong on this one.

[nelson01] 20/1/2020 16:08

Mike.....palladium has been overbought for a year but I keeps going up, if something
Is undervalued it can keep going up for a long time. This is JLP’s year, I’m pretty confident we will see 20p this year.

[mikebolle1] 20/1/2020 16:01

JLP is in Over-bought territory on the daily chart. We might expect a short-term pull back in the days to come.

[plat hunter] 20/1/2020 15:51

Skipper.. i think you're misunderstanding what I'm saying or the context.What's the difference between the share price on the 4th Nov and 17th december, in pence?

[costax1654x] 20/1/2020 15:25

orm expecting a great week,with the seller out!Mcap of 3 mil can not justify 5.5 mil cash and another asset without debts!Feel Sorry for previous shareholders who got the -70% drop after the sell of tungsten mine,but cash is twice the mcap without debts!

[the skipper] 20/1/2020 15:25

Plat, you must have very bad eyesight. Going back to November 2018 it is blindingly obvious that each up wave has got larger. Ergo the current up wave could still be in its infancy.

Also if you look at the three year chart I put up the right hand side is almost a mirror image of the left hand side as far as it goes, but the pattern will not be complete until we see 6.5p(and perhaps a bit more during an intraday spike)

[bullster] 20/1/2020 15:09

.
.

PRILL SPLIT

PLATINUM 49% : $1013 : $496.37
PALLADIUM 40% : $2379 : $951.6
RHODIUM 9% : $8400 : $756
GOLD 2% : $1560 : $31.2


BBI = $2,235 pgm ounce

.
.

[plat hunter] 20/1/2020 15:07

No.. the last 14 months chart action looks pretty consistent when it comes to playing out patterns imo

[the skipper] 20/1/2020 14:47

I see Plat...but haven't you noticed that each leg up has been getting larger with growing volumes? Not sure how long it will take for my target to play outbut I remain very confident that it will, so those who sell on news day might have some regrets.

[plat hunter] 20/1/2020 14:36

It's equal to the difference between the previous high and low... roughly i may had, i haven't cracked open my pencil case for the big guns that are the set square and protractor yet.Happy to sail right past that, obviously

[rescuer] 20/1/2020 14:32

Wooster - Rob's on holiday today, spoke to Joe, he said Rob will give me a ring tomorrow, if he's not disappeared under a mountain of paperwork.

if i get a call, i'll let the thread know the date.

r

[the skipper] 20/1/2020 14:30

Plat, why is your target only 5.75? I'm looking for a spike up to 6.5-7p to complete the bowl or cup which has been forming since the Tjate mining license spike in March 2017.I've seen these bowls play out on several stocks over periods of 3-5 years. Once complete I would expect some down/up/sideways movement to complete the handle before the next leg up:

[rescuer] 20/1/2020 14:24

wooster - i'd anticipated this week, however one of the regulars on here stated 3rd Feb, would need to check back through posts to see who nailed it.

i mailed JLP last week to ask when the update would arrive, but got nothing back, i'll ring Rob at Shards and ask him.. i'll get back to you.

r

[wooster4] 20/1/2020 14:18

rescuer - what makes you think update in feb - last two years it has been around now.

[rescuer] 20/1/2020 14:03

need the bid to stay over 4.5 for a few days Plat - that obstacle needs to go.

just a thought, but with update due around 3rd Feb, could be T20's getting in on credit, to early for T10's.

[plat hunter] 20/1/2020 14:03

This ain't done today 4.7 paid

[tel5] 20/1/2020 14:02

reasonable volume to go with the 7% rise bodes well

[plat hunter] 20/1/2020 13:58

5.75p target i reckon.

[plat hunter] 20/1/2020 13:43

No didn't dump... I let a few G's out on the placing RNS but only top slicing to buy back in around 2 weeks ago.Tiny profit on the whole deal. I'm here until midcap