JBM is dog stock.
At the moment anyway.
Why does JBM fall as Nickel prices rise 10%?????????
Could it be due to the fact that JBM's Nickel is faulty???
Could it be due to the fact a lot of JBM holders are imbeciles???, impatient????, Morons expecting falls below $4?????
I expect the above is true because I fall into the catergory of the above even though I haven't sold any for over 12 months.
So which broker said the target for JBM is $5???? plus 50 cents for evry 10,000 tonnes of Nickel at Alec Muirs deposit?????
Surely JBM have 5,000 tonnes of Nickel at Alec Muirs atleast??????????
That would make $5.25 a target share price?
If JBM have over 50,000 tonnes of nickel at Alec Muirs like I conservatively(remember it's like Cosmos but 350 metres away) believe that would make JBM worth $7.50????? Yes, or no????????????
If JBM have jacksh*t Nickel at Alec Muirs deposit I(& other holders) will have to put up with Yields of 10%+ FULLY FRANKED & a crazy,crazy P/E of slighlty over 6 to 1!!!!!!!!!!!!!!!!!
Ok I will hold, for the moment.
If JBM drops to $3,20 again I will sell all my holdings for a 20% loss.
You can't win them all.
Cheers.
JBM
jubilee mines nl
a dog stock that pays divys & rise 300% in 3 years
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