The question is, if JBM are due for an announcement regarding alec mairs some time soon - as you say in the first qtr of 2005 is this going to re-rate this stock?
The price of JBM has really only moved slightly in the last 7 months in percentage terms. And, investors who purchased in Nov 03 will still not be sitting on any capital gains. I don't think that the market is going to be overly surprised with any of the comming annoucements. It will however be confirmation of profitability past 2008 and cosmos. I can't predict if JBM will soar on this news, or just have continued steady gains and dividends - regardless though, the upside is there.
Looking at the chart there has been some nice breakouts previously - wish I'd held then. Anyone care to comment on S/P?
(don't get me wrong - I think JBM will come through with the goods in the end)
JBM
jubilee mines nl
alec mairs resource/ 10 weeks, page-2
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