What has caused the sudden interest in mining and oil stocks since the 29th Sept - have people just realised they are all a little too cheep.
What's going on here this morning? Just go to show how quick it can turn. Look at Lonmin - would you have put your house on Lonmin at 15p? probably not, but you'd have doubled yer money in just one week. I'd like to see a sustained and stable rise with JLP but I'm sure everyone would. Fingers crossed it keeps it's momentum. GLA
Something is holding JLP back and I'd love to know what it is. The 5.3m going in the bank on Friday will be going straight back out again on Monday to pay for the construction of the processing plants. There is a lot of share activity in the mining sector but JLP isn't budging.
Afternoon Breezy, All quiet on the JLP front. I was sorry to see this drop back from 4p but seems to be holding steady at 3.2 - 3.3p New traders expect too much in a short space of time, some of the long term holders have been here for years watching this head south. The VW scandal hasn't helped the platinum price at all and couldn't have come at a worse time. This may take another 6-12 months to climb out of the doldrums, people will just have to be patient. Let's hope hydrogen fuel cell cars take off in a big way over the next few years and the need for platinum rises accordingly. I'm staying put and will sit this one out. all the best idg69
Evening Breezy, at least we're back to where we started the day and not down nearer 3p (which is where I get twitchy. I started with JLP down at 1.5p and 1.3p which hopefully we won't see again. My two ill timed top ups at 5p and 3.9p have hiked my average up to 2.85p now which is not ideal when we're hovering between 3-4p. I'm in for the long term but would like this comfortably above 5p to sleep a little easier. I wanted to pile all in back in April but held back as that's what I did with BHR and we all know what happened there. I'll keep my nerve on JLP and just hold out for big gains in 2016. All the best idg69
There is so much volatility with this share at the moment. I'm not brave enough to trade in and out of the peaks and troughs for fear of being out of this when the finance and/or mining license breaks. It can swing from hefty drops to reasonable gains in a matter of hours. Good luck all, patience will be rewarded here in the long term.
Yet again I am very disappointed with my 3.9p top up last week. My timing is absolutely awful with this share. I still believe the medium to long term position will be good, but just very frustrated we don't seem to be able to get off the starting blocks. I also ignore everything that Motley Fool publish - they contradict themselves on a daily basis and have now credibility at all in my opinion. The constant dilution of aim shares really gets me down too, I appreciate this last one was small fry but when you look at the RNS and the warrant still to be exercised (and they will be) it means even more dilution further down the line.
Come on JLP - do your stuff. Let's see a nice solid rise from here on and no more sub 4p please!
Hi Breezy, Ive just put another £2,950 into the JLP pot. Now holding 253,000 @ 2.8p average. I need JLP to reach 21p to recoup my last 5 years woes. It's a big ask I know but it's not impossible with the right news flow coming through. Big gains can happen over a few months but if it takes a year or 2 I'm not bothered as long as I can claw back some losses, and some self confidence in the process. Have a great weekend and all the best, idg69
Just had another top up at 3.9p I can feel something is about to happen. I think Wednesdays RNS was just the start of a chain reaction of events and the next few weeks will be transformational - at least that's what I'm hoping for.