Jubilee Platinum Forum

Cryhavoc - Good or Bad News? To buy or not to buy? the one million dollar question. Most people on these boards are positive about this share because they're invested and like me always see a positive to keep themselves feeling confident. The long term holders (anyone who bought before 2013/2014) have been decimated by a falling price and dilution at every turn. Those in below 2 and 3p should do very well if all goes according to plan this year and beyond. The BoD have dropped some howlers in the past, the biggest was getting involved with Darwin (I know this through bitter experience as they were involved with BHR and shorted the life out of the stock helping them to go into liquidation) JLP is a different kettle of fish, with little if any significant debt on their books. The BoD did a cracking job of keeping this company in business through a long downward cycle in the market and should be applauded for this. You're right when you say there could be bad news and yes it is possible, it's the risk you take when investing. I'm here for the medium to long term and would like to see this up and over the 20p mark. That may sound ridiculous to many but if Lonmin go down the tubes and the price of PGM's start to rise then anything can happen even in a depressed market. Look at PANR last year in the Oil sector (which is down massively) they bucked the trend and went from a low of 16p up to £1.50 at it's peak. Yes it's pulled back now but it demonstrates how quickly things can move. Put in what you can afford to lose/forget about and see where you are in 12 months time. I wish you well what ever you decide to do, all the best idg69

Good or Bad News: I have been sitting on the sidelines debating if to buy in or not and am still not sure. I keep reading all the positives on this board and everyone looking for good news from the webcast Tuesday but has anyone contemplated there might be bad news ? With all the bad news in the markets at the moment and banks with lots of exposure to all these drilling and mining companies in the form of loans maybe it is like the banking crises over again and banks are tightening up on loans ? Maybe the finance Jubilee was in the process of agreeing has been pulled ? Maybe the webcast is to say we will not be meeting the targets of starting to process at the end of the month and have no money left and no access to funds ? Just a thought...is it possible ?

425000 shares at 3.5, encouraging...

Hi Breezy, good to hear from you my friend - 2 close calls on both Ubisense and Premier. Ubi down at 42p and going nowhere in the short term. I bought at 92p and sold around the 110p mark before the big fall so can count myself lucky on that one. I was looking to buy Premier when they were up around 150p thinking it was cheap - could never envisaged it would be down at 19p, what a collapse. I am holding tight with JLP and not budging an inch. I feel quite confident it will be a good few years ahead for JLP. The world is a crazy place right now and the markets are all over the place. I really can't see Lonmin pulling through either with their debts and costs. That would really be a shot in the arm for platinum prices. I'd love to see 20-30p here eventually, even it's 4-5 years away. I hope they don't sell out before the really big profits can be made. All the very best for 2016 and let's hope there are no banana skins slipped under our feet. Keep in touch. idg69

Good afternoon Idg69 bet you are glad you did not invest in PMO down 33% yesterday have been suspended today not looking good for the oil shares at the moment. I think we will get a RNS before the live webcast hopefully about the finance been sorted. Quite happy to see 5% daily rises and last time we had a webcast the share price went above 5p so the same again will do me. All the best breezy.

This article talking about Dilokong's deteriorating financial position [link]

There always seems to be some new hurdle every time we get some progress.

I realise there are plenty of tailings, just worried that there would be some legal problems or miners going on the warpath as they are prone to do.

Hi Dude, I think it is, but we have years and years of surface material to process first. I don't think this will have an impact in the short term or if at all. Would be a good question to ask a the webinar next week though whether it will have any impact. I'm staying positive in 2016 and looking for a nice steady climb north. All the best idg69

dilokong chrome mine put on care and maintenance