jms mkt cap upside vs peer dso hopefuls

given the location I really dont see why they wont be able to prove up a small-mid sized resource/ deposit!

Maybe it wont be the 'hotcopper hyped up 600-900mill tonnes' or whatever figure it was put at by some posters, BUT, I think even if they prove up 50mill , it would be great (!!!) given the current market cap!

50mill at 5mill proddy per year gives at least a 10yr mine life

YML or BRM have something along those lines with hopes to increase to 100mill.

YMLs mkt cap is 110mill or so

JMS is 40mill

TLM is around the same as YML

POL is circa 110mill too

FRS is slightly higher than YML and they have similar fundamentals

UMC is much higher at around 150mill

BCI has a fully diluted cap of 113mill

So you can see a CORRELATION here - all the 'up and comers' with a bit of positive drilling and hints at a resource circa 50-100mill, have makt caps between 100mill and 150mill

JMS has 40mill as we speak at 24cents!

Thus IF we get good drilling results , and an estimate of say 50mill DSO for starters, the mkt cap will have to adjust to atleast 100mill+

so if it goes to 100mill, you make 250% return

those drills 'should' be good if you look at the location - good enough for 50mill+ DSO operation we would hope!

If thats the case, we're gonna make a bit of dosh as the mkt cap will have to adjust UP

those are the fundamentals guys.