Jubilee Platinum - Re: JLP Stream Log - Cryhavoc - Good or Bad...

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11:05 18/01/2016

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

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