More action in the platinum sector ?Jubilee announces that it...

More action in the platinum sector

?Jubilee announces that it has received an approach and held preliminary discussions regarding the making of a possible offer for the company,? read a company statement. ?At this stage there is no certainty that an offer will be made or as to the terms of any offer.?

Jubilee shares, which have meandered between R2.85 and R4.05 during the past 12 months, jumped at the news and were trading at R3.70 around 15:30, up 31.67% since close of trading on Thursday

http://www.miningmx.com/news/platinum_group_metals/Jubilee-admits-buyout-talks.htm