I've been a holder of JBM for some time now, picked it up at $4.17 and pretty chuffed at current performance. Might be a bit of a wild ride though, with Nickel heading over US18$ a pound.
Regarding AGM, it does sound alright from my limited knowledge, however the number of shares on the market is several times more for AGM, possibly 5 times as much which would put AGM at about $3 if it were to be valued as highly as JBM at $15. Yearly production targets are about 8500tonnes at AGM if I am right? Not far off JBM's output however what is the projected cost per pound for AGM? If comparable to JBM's current costs of around $3 per pound, and they decide to start paying divs, it might be worth somewhere in the 2 to 3$ range but probably after a year of production.
JBM
jubilee mines nl
I've been a holder of JBM for some time now, picked it up at...
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