Hi alistir,
I was predicting $8 a share on this website(& others) about 8 months ago.
I still think it quite possible but by no means a certainity.
For JBM to get to $8, Anomaly 1 would have to be a success story as well as Alec Mairs.
If Prospero still stayed prosperous & Anomaly 4(?) & other such Anomolies still looked good & Emu Lake retained some importance then $8 is still possible.
Nickel would have to average about $7.50us/lb for 2005(not yet/never yet done) & punters would have to remain interested otherwise,,,,,,,,,,,,,,,,,,,
$6.20- $6.50 remains a more realistic short term price.
P/E, dividend yield, eps that type of stuff.
My significant sells are more dictated by time rather than price.
Why would I sell the majority of my shares before the end of March??????
I have been waiting for something like Anomaly 1 & Alec Mairs for 18 months.
Like I said before(somewhere) I would never sell all my shares in JBM before Kerry Harmains does, or dies.
Investments in quality companies are good safeguards against bankruptcy.
Trade for short term money, invest for long term wealth appreciation.
My averarage buy on shares in JBM is still around $4.25.
My average warrant call price is a lot higher.
I originally bought into JBM at $2.84(luck) my average buy price increased but it has much less to do with luck.
Everybody can forget about buying into JBM at less than $5. The question is how much more than $5 is someone willing to pay.
I'm drunk but not driving so things are cool.
Bring on the dividend spike I say, it must come soon????????
I havene't decided what to with dividends yet. A holiday overseas would be nice but I do like hanging around & watching day to day action too.
Plenty of buying opportunites are still coming in JBM.
Monday morning will be one of them.
Cheers.
JBM
jubilee mines nl
