Ajax,Haven't checked my averages but bought Monday at 11.45, the...

Ajax,

Haven't checked my averages but bought Monday at 11.45, the after the announcement in the 1330's a little more than Monday, then in bewilderment a smaller amount in the 1280's just before close. Built quite a bit of enthusiasm (combined with rare patience) examining JBM these past few weeks as the sp descended into lunacy, so wasn't too hesitant about the deep value present. Had thought their expansion profile was lazy. Well can't say that now, but looking at what the papers has, it hasn't exactly drawn the attention. If there is no early response, I may just need to dip deeper into that margin loan!

If pon keeps up tonight all the nickel results MCR,IGO and JBM will be under the spotlight. The rate things were going down in a straight line pon would have been zero before the next QR.

EL