JMS 3.28% 31.5¢ jupiter mines limited.

Yes Brockman is adjacent to RIO Tinto's Brockman No 3 iron ore...

  1. 985 Posts.
    Yes Brockman is adjacent to RIO Tinto's Brockman No 3 iron ore deposit.....

    12 months ago extensive hematite mineralisation zone over 4km long and at least 300m wide was surveyed......price on this news shot the sp to 35c then higher to 45c in the days that followed...

    Director problems and yada yada followed, and sp retreated for all of 2007......that's all behind the company now - exploration licenses have been granted and drilling has recently commenced....with results due in days or weeks at most......alot of musical chairs happening in the background which seems to suggest that they are expecting significant results.......but as one poster highlighted - Brockman is just one warhead in the JMS arsenal......this is an extreme value buy - so look past the hype which has occured on this thread the past week - call the company direct (they are all too pleased to speak to shareholders or prospective holders)...do your math...dyor...

    If the SP shot to 45c purely on the back of an initial survey - imagine what the sp will be once the drill results confirm the assay samples etc??

    JMS aim to be in production by start of 2009....market cap only $40mill......this is a no brainer imo..
 
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