re: what's huntley recommendation?/gsjb Bloodwynch.Yep, JBM is...

re: what's huntley recommendation?/gsjb Bloodwynch.

Yep, JBM is not undervalued on current known facts.

But it is also not overvalued.

NPV has always been JBM's "Archille's heel" over the last 2 years.

If the next Prospero drill results can show a substaintial increase then JBM will be cheap again.

I think 2-4 weeks.

I'm not buying at the moment but looking at selling call warrants(not shares).

T/A will rule for a while.

It's not my speciality.

I held through $3.20 a share while sitting on a paper loss of 10-15% I think I will keep holding on.

The market gets it wrong often.

50% capital gains discount are amongst my favourites along with full franking.

Brokers are starting to realise.

Cosmos is viable until at least 2008+.

If Prospero does not run concurrent with Cosmos then have the year 2013 as the expiry date.

Will more nickel be found before then(forgetting about other areas).

I think so.

I think time will prove me right.

Current Yields are much better than bank.

No need for fudging figures from me.

I only wish I held more Call warrants during the rise through $6.

I checked the market that day at about $6.20.

I slept in that day & shouted my friend lunch for his Birthday that day.

I was predicting $8 per share, 7+months ago for JBM even before I had heard of Prospero(FCN also).

Anomaly 1 & Alec Mairs are still likely to surprise to the upside imho.

If I could predict JBM's share price movements more accurately I would be a millionaire. Which I am not.

Cheers.