8m trade, page-5

"Why on earth would they sell at these price"....what price??...1c...10c...20c....$1.00...$100.

Any entity not producing income..... (and thats most in this end of the market)...... the price is what the hype will take it to.

If you read back over the last year or so... I have said most of the major holders in JMS are all in around the same price 20c - 22c.

Without any hype they have managed to keep the price around this mark for sometime.

They are forming a consortium with 5 major partners (comprising all facets the run an Iron Ore producing business..including end customer)

Everyone brings their expertise to the table.

They are balancing up the holdings each have

JMS will be rebadged Pallinghurst

You will have to hang onto their coat tales a little longer Metalguru.

Hope you are well..... November.... I am thinking about Christmas.

When it gets hot in the outback, prospecting time slows till February......its boardroom manipulation time....getting ready for 2010