Junglewoman, I feel your pain with this stock. I believe that any junior explorer that is not producing and returning a cash flow will struggle in this economic climate, even if they have reserves in the ground. If there is Fe at Mason and Ida they will still have to raise further funds to even start getting it out of the ground. This is time consuming and an expensive business. I cut my losses at 0.17 cents.
An example of a stock who is producing and returning a cash flow is TTY (which I have almost mortgaged the house on). They can only reach a $1.15 at the moment. JMS has along way to go. I am not down ramping as in the future it may be OK, but it is along way into the future.
ore deposits, page-14
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Last
25.3¢ |
Change
-0.013(4.72%) |
Mkt cap ! $494.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.0¢ | $1.738M | 6.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1984097 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 1016546 | 32 |
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| Last trade - 12.06pm 30/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |