re: $2 perhaps- $8 more likely Ok forget about the Nickel.
JBM has about $1.20 alone in cash backing.
As far as some stockpicks go from Hotcopper posters.
JBM has enough cash to buy 100% outright many of the companies being spruiked here on this site.
Whats that tell you???
JBM management is dumb & hotcopper posters are smart????
JBM made $95 million last year & hotcopper posters made ?????????????????????
What looks good today????
PNO???
Aim????
Epe?????
Shite, the total market cap of those companies add up to what JBM paid out in dividends a few weeks ago.
How many hotcopper readers got out of JBM in the $4.60 range before dividends to get into MCR at around 68 cents??????????
Don't worry I remember.
who's doing better now????
Since then I have bought MCR call warrants & MCR is looking good but that doesn't mean JBM is looking bad.
Risk reward. weigh it up but High nickel prices are going to be with us for a long time.
It's a fact life.
Cheers.
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