getting no price support, bulls asleep??

Taking profits.

Sold some JBM shares today & picked up some JBMWMG CAll Warrants, I'm really getting desperate now so I have them up for sale now at 98cents.

I am trying to increase my leverage to the market.

I am pinning my hopes on Higher Nickel prices & good news from Alec Mairs Deposit, Anomaly 1, Prospero, FCN, Emu Lake(they have s surprise waiting for us) & Kathleen Valley gold!

If any other good news shows up from Cosmos Deeps, Five Creeks, Venus, Mercury, AlKane, Bannockburn & BRW(i made some good money off them before) then I PROMISE I will try not to get so excited.

The 8% run on Friday was not a "fluke" imo.

I think some just got a bit over zealous & got in a couple of days too early. It Happens.....

Where is Nickel's Valentine day present for JBM????

Nickels not doing anything.

It gets to a level then stops, does nothing, but whinges & complain!!!

Have the chinese forgotten about Nickel while laughing all night through their New Years Celebrations(the year of the Rooster & Cocks.

As a Hard Working Australian from The Nickel Industry I Believe that I have been short changed by the Government of Australia & they MUST increase Nickel Prices so greedy Overseas buyers(in short supply) do not profit from our Labour for Free!

Why should producers of Stainless Steel make Record Profits in 2004???

Most Stainless Steel producers posted Record Profits in 2004 because Nickel prices were too low.

Nickel prices are too high now because??

In 1988 & 1989 Nickel cost $10us/lb!!

Now it can't even hit over $7.00us/lb for 2 days in a row!!!!

Pathetic Performance really from Nickel.



As far as I am concerned.

The uptrend still stands but there seems to be nothing currently lighting the fuse!!

If I told you a friend of mine who lives in Indonesia has been told that the Inco mine their is about to be destroyed by terrorists.

You would think that I was just using scaremongering tactics to try & push up valuations of investments I hold????????

If I told you that Russian ports were going to freeze over in May & that the winter was like the one that stopped the Nazi's from taking over total domination of Europe???????????

You would think I was Exaggerating!!!!!!!!!

If I told you the "guy" I know at Inco (in Canada) has told me the "MONTH" repairs at the plant during Inco's fluidity problems will be sabotaged by workers & take much longer(He told me the workers are watching the Ice Hockey & getting drunk everynight & putting in a half-assed preformance at works).

You would call me a outright Liar!!!

So I ain't saying crap!!!!

Especially because JBM is getting Hammered right now.

It's not looking good right now.

Perhaps it is a good buying Opportunity???

I reckon it is, thats why I bought some.

I'm Taking profits soon.

(I need to keep some cash to pay Bills & maintain the Lifestyle I love so much).

Go JBM, GO!!!!!

Lifes still good but the future looks much brighter than todays action.

Cheers.