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JRL, JINDALEE RESOURCES LIMITED
balance
post Posted: Jan 19 2021, 09:16 AM
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In Reply To: nipper's post @ Jan 19 2021, 09:04 AM

Getting a bit silly here now with only a few thousand on sale and up another 10% or so after yesterday's jump. Just a matter of when to pull the pin. Letting it run for now. Lithium back in favour and this has some news flow to keep it afloat.... For now anyway.



--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
nipper
post Posted: Jan 19 2021, 09:04 AM
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In Reply To: balance's post @ Jan 19 2021, 03:59 AM

Interesting views. There is always a trade off with small explorers, minnows, between running the company and getting teams to the field. A general description of JRL being
QUOTE
involved in mineral exploration; the Group holds interests in tenements in the United States, Tasmania and Western Australia prospective for lithium, magnesite, gold, diamonds, nickel and iron ore, with most of these tenements wholly owned. The Group also has indirect interests in uranium, gold and base metals through various investee companies
rings a few bells. Are they spreading too thinly?
Just looking at the recent Li announcements, there is an economy to the information presented. Just say the bare minimum; keep the market informed. The metallurgy is fascinating and may well come through. That Lithium is widespread, but in such low concentrations (as it is; salars or spodumene). Sedimentary hosting Li rich strata ....

The 32c entry point for recent rights issue. They would be happy. ... now $1.42
And 44 million shares. You are right about the tight ship.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
balance
post Posted: Jan 19 2021, 03:59 AM
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In Reply To: nipper's post @ Jan 18 2021, 08:02 PM

Hi Nipper, yes they fly under the radar. Not prone to hyperbole.

I spoke to Lindsay Dudfield many years ago about the time they last paid a dividend. He does seem to be a no BS type of guy. He owns about a third of the company and does not pay himself exorbitantly. They run a tight ship and have not issued squillions of shares.
I have no idea where this will end up price wise. Their deposit could be large but the lithium is not hosted in the usual way. I'd love to see the USA hype train get a roll on.

I only have a small holding, I'm a bit more circumspect with tiddlers these days, but it would help with my imminent retirement, ahem, redundancy.




--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
nipper
post Posted: Jan 18 2021, 08:02 PM
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Thanks: 2649


In Reply To: balance's post @ Jan 18 2021, 06:25 PM

USA Lithium.

I suspect this one was over the horizon and off most punters' radars.



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
balance
post Posted: Jan 18 2021, 06:25 PM
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This old friend is on a tear of late. Back in about 40c a few months ago. Did not expect this appreciation. Their lithium assets of growing interest.



--------------------
Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
wolverine
post Posted: Jun 4 2011, 07:01 PM
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In Reply To: mme's post @ Jun 4 2011, 05:25 PM

MS just soaking up the stock he sold cum-div at the start of this financial year.



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TOO MANY CHIEFS

NOT ENOUGH INDIANS
 


mme
post Posted: Jun 4 2011, 05:25 PM
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In Reply To: wolverine's post @ May 24 2011, 07:52 PM

Few more putting their money where their mouths are!! I'm interested to see what maybe around the corner? biggrin.gif

 
wolverine
post Posted: May 24 2011, 07:52 PM
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In Reply To: mme's post @ May 24 2011, 07:19 PM

Some selling from cum dividend buyers last year.

MS sold a few then, so an easy reload for him. LD thinks they are too cheap so he is putting his money where his mouth is.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
mme
post Posted: May 24 2011, 07:19 PM
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In Reply To: wolverine's post @ May 11 2011, 01:18 PM

Noticed the director's buying again?? biggrin.gif

 
wolverine
post Posted: May 11 2011, 01:18 PM
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In Reply To: Varmi's post @ May 11 2011, 12:59 PM

All good, now to get rid of EME and ALY when the price runs up.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 
 


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