JRV 0.00% 1.9¢ jervois global limited

$31 bil in ground...$0.10 expect, page-16

  1. 15,276 Posts.
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    Looks to me like it may to be close to breaking through the 1.7c overhang!

    There has been some serious buying over recent days, so there might be something up...then again, it could also simply be the underwriters of the recent issue pushing things along in order to sell out.

    I actually think it is simply a case of people getting set prior to the upcomming drilling program at the Hobbit lode gold resource.

    Jervois have said that they will initially target the high grade feeder zones where previous drilling has produced some fairly spectacular intersections...such as 7m @77g/t. If they hit a few more high grade intersections, one would expect it might generate a little interest...at the very least, it will make for some interesting announcements.

    Either way, it looked like it was worth a punt yesterday...so I grabbed some at 1.6c...but with pocket money only.

    Cheers!
 
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