JML - Jabiru Metals - A Zinc Gamble!

[tricha]

Caution - That's right Jabiru Metals is a Gambling stock, buyer beware

And I'm in.

Why - Exposure to Zinc, 6 months to production, no hedging!

- Extremely high grades, 1.6 million tons for 20.6 % Zinc
equivalent or 9.5% copper equivalent.

- in Australia, not some monkey place.

- Exploration upside is huge.

- Relatively still cheap.

- potential multi bagger if it comes off.

Worth doing some research.

Cheers not so [B)][}]

[Dazza]

i checked out jml a wee while ago

hoping they mite emulate OX with their jaguar project but i left them hehe.


in the mean time i have CBH and ZFX for zinc exposure and will keep it that way.

pissed off cbh ran away, be4 i could top up!!

[tricha]

Well Dazza

You left them, any reasons why [?]


Not that I trust brokers, but this confirms my view on them.

http://www.jabirumetals.com.au/Broke...L_20061026.pdf

[Dazza]

reasons:

they werent producing yet,

so brought ZFX instead. aswell as FXROA - of which its up 300% for me so far.

later brought CMR and AGM for 2007 producers.

2008 producers ive got PNA

and i brought CBH for my other small zinc stock...



mmm i see new valuation is at $1 now, previously it was 80cents...


tricha do u suscribe to any subscriptions?

mmm i may have JML aswell then lol

but yeah i need to refine my portfolio a bit..

so far got :

ZFX CBH
CMR PNA
FXR AGM
AGS OMC
SBM KMN
BPT COE

as my producer + spec/producer to be ...

not to mention the other hoards of spec spec stocks that i own >< that i need to sell

what stocks u hold tricha?

[tricha]

Excellent selection Dazza

You are like me, have broken all the rules as far as spreading risk goes. All tied up in resource stocks.

I've applied rule #1 and have had a bit of a re shuffle in the last few weeks.
Dumped FML, PNA, BMO sick of gold!

And replaced with ZFX and JBM for Zinc exposure.

AGM for future nickel.

Long term hold MCR and BRW

ARUO for Uranium and rare earths.

BMO whats left.

And I don't subcribe to anything, but I work in the mining industry in WA.
And I do get the Mining Chronicle and Resource Stocks, excellent publications.

Cheers

[Dazza]

oh how do i get those publications? and any samples of where i can find them

lol my sister is about to finish her business degree.. and says that i should diversify...

i go mm yeah i am.. i got uranium, gold, oil, a bit of gas, mixed with some silver, zinc, nickel

thats diversification rite

hehe

whats rule #1? neva loose money?

well uve made a good choice
in buying ZFX and JBM - u have one producer and one future term.


yeah my gold stocks looks sick..

but rumour has it, bush is keeping oil prices down till afta elections..


trica u still got ur ARUO?

im tinking of dumping mine maybe..

waht do u reackon?

ive brought mine since feb.. @ 18 cents.. its 21 now...

i mean argggggggggggh just peeved off eh..
management are a bit slow on things..
october nearly gone, and still no news about spin off?

BRW ah nice nice, i overlooked them too, i got THXO instead, who has a few JV with BRW

[tricha]

Dazza - subscriptions.resourcestocks@aspermont.com and The Mining Chronicle - groupeditior@wapub.com.au

thats diversification Dazza and as long as the diversification continues, I might be able to semi retire next year, dam sight better of late, than money in the bank or all those other diverificated shares I should own. lol

whats rule #1? I ask myself this question, would I buy that share that I own today. If the answer is no, cut losses and sell the dam share.

ARUO? - who knows Dazza, I dumped half of mine at 26 cents, that someone gave me for 13 c in May,a gambling stock and with free shares coming in Nupower I'm staying with mine. They will only need a Chinese partner and tomorrow the price is double.
You r right about the lack of management.

hey Dazza do you know of any more Zinc miners in OZ ???? just in case there is still a multi bagger sitting around [?][?][?]

[Sunshine007]

tricha, would MLS be too speculative an zinc stock? Got a resource and is drilling around. No idea about valuation though.

[Dazza]

mmmm not really, prefer to stay with the producers. ive learnt my lesson with that, producers can also produce 4-10 baggers eh.

ZFX KZL for example.

CBH will get re-reated u just watch them.

give them pe of 3-5

5 is max

but u get my drift, zfx is on pe of 5, i tink less if using 2 billion possible profit for next year

which is possibly possible..

their MC at the moment, is mmm 7 billion i tink?

but yeah.

[tricha]

Any one on board this rocket ship, up 23% from the 26th when I bought in.