Any holders out there - there's some buying going on.....

From UK-Analyst.com: May 19th 2005
Shares in Jubilee Platinum finished the session unchanged at 34p after the company reported positive full results from its first diamond drill hole DT1 on Tjate's 2,162 hectare Dsjate farm 249 KT in the Bushveld Complex of South Africa. The company said that the results were very pleasing in terms of both grade and width, which had more than matched its expectations. It said that drilling of its second hole DT2 was well underway and total hole results will be reported as soon as they become available. Top share tipping site t1ps.com, which first recommended the shares at 17.75p, rated the shares a "hold."

Jubilee Platinum says deflection results from Dsjate Farm 'very pleasing'
AFX
19/05/05 08:48
LONDON (AFX) - Jubilee Platinum PLC and its partners in Tjate Platinum Corporation (Pty) Ltd said the full results from the first diamond drill hole DT1 on Tjate's 2,162 hectare Dsjate farm 249 KT in the Bushveld Complex of South Africa are 'very pleasing'.

Chief executive Colin Bird said the results more than matched expectations.

He said there appears to be some degree of variability in grade and width particularly in the Merensky Reef, a feature that may be a characteristic of the reef in the region. Drilling of the second hole DT2, up-dip of DT1, is well underway and total hole results will be reported as soon as they become available, he added.

This sounds like good news grevis2 - why no sp movement?

Broker Recommendations - Thursday 19th May 2005, 10:52 am

Numis says buy Euromoney (527p target), Jubilee Platinum (LSE: JLP.L - news) (51p target), London Stock Exchange (555p target), MFI (126p target), Mitchells & Butlers (390p) and Scottish Radio (LSE: SRH.L - news) (target 1050p 1100p). The broker says reduce Boots (520p target) and add Brit Insurance (LSE: BRE.L - news) (95p target), Entertprise (438p target), Imprint , Mothercare (287p target) and Synergy Healthcare (445p target). Numis have put Tomkins (LSE: TOMK.L - news) price target and recommendation under review and sees a strong performance from BPB , with a target price of 540p. The broker says hold Shell (510p target price). Numis says buy Mining Equities, saying that continuing strong demand for commodities raises prices, as inventories remain at critical levels.

JUBILEE PLATINUM* (34p) - Buy - target 51p - Drilling
results from Tjate
>
>
> JUBILEE PLATINUM* (34p) - Buy - target 51p - Drilling results from Tjate
>
> Jubilee Platinum has reported the assay results from the deflection
drilling from its DT1 borehole at the Tjate property.
>
> Two additional intersections on the Merensky Reef and one on the
underlying UG2 Reef broadly confirm the results of the original borehole
results in terms of both grade and width. The original Merensky Reef
intersection was 99cm at a grade of 7.78g/t of 3PGE+gold.
>
> The deflections show grades of 7.37g/t and 10.95g/t respectively over
downhole widths of 110cm and 139cm.
>
> The UG2 deflection of 90cm at an average grade of 6.66g/t compares with
the original intersection of 96cm at a slightly higher average grade of
5.4g/t.
>
> The company also confirms that "Drilling of our second hole DT2, updip of
DT1 is well underway and total-hole results as above will be reported as
soon as they become available. With further data capture we will commence
pre feasibility studies in the summer."
>
> The additional results provide further encouragement and though we remain
of the view that the evaluation of the Tjate property will require
significant additional work, this is progressing and the company is clearly
moving to establish the geological, resource and engineering parameters
required to assess the economic viability of any future mine development.
>
> *Numis Securities acts as broker and advisor to Jubilee Platinum
> ANALYSTS: JOHN MEYER 020 7776 1578 / SIMON BEARDSMORE 020 7776 1564

m

Good rise of almost 7% today. Is there something in the offing...?

Think we should be expecting some news soon. Yesterdays rise was a significant one. Somethings cooking imo.

Fell off a cliff this afternoon. Anyone know why?

Don't know whats going on here but 3.9m sells in 2 minutes, one of >2m which is greater than 3% so we should get an RNS.
Could it be shares being freed to make more liquid ahead of Tjate drilling results or has something gone wrong, if the latter surely we'd have news in public domain before a sell-off?
JLP has so much potential, NAV already >50p and if Tjate confirmed as world-class mine it will increase, I'm hanging on in and maybe buying more as JLP is currently <5% of my portfolio so no need for me to panic.

Ive had this on my watchlist for a while now and depending on what the sells were in aid of i might be tempted to purchase some of these next week!

andysmith, you're right, there should be some news tomorrow. I'm hoping that it was shares being freed but we'll have to wait and see.

blackbelt, this one really is a shirt from your back or Ferrari in the garage share. If you do get in and it goes wrong you'll lose your initial investment (well, pretty much all of it). However, it it goes well and Tjate is a winner then you'll never look back and make many times your initial investment. That's why I'm in. For me, the potential reward outweighs the potential risk. Good luck with your decision.

19/7/2005 - Old news but here are the techs behind the last DT2 results.

Are these results good or bad?

The article seems a rehash of the RNS of that date.

As long as there is no bad news, I see this drop as a buying opportunity that I thought I wouldn't see again.

No RNS, so likely seller on Friday had and still has >3%, encouraging sign unless we have more big sells. This has massive potential, worth hanging in.
If no bad news by Friday I'll have some more at these prices.

Nice steady climb for a few days - Perhaps an RNS next Monday - I have topped up

Could this be the start of the next leg up as we've been languishing between 32-38p for months now?

been watching this for a while, price picking up a bit, but still not convinced...

MCap now looking seriously low ....


Major Discovery in Madagascar

RNS Number:8066Q
Jubilee Platinum PLC
05 September 2005

5 September 2005



AIM: JLP

JUBILEE PLATINUM PLC

("Jubilee" or "the Company")



Jubilee Makes a Major Discovery in Madagascar



Drilling Intersects 70 metres of Nickel-Copper-Platinum-Palladium Mineralisation



Jubilee is pleased to announce the results of its first borehole LAV1 drilled on
the Lavatrafo property (Londokomanana Project) in Madagascar. The Londokomanana
Project is located approximately 150 kilometres north of the Madagascan capital
Antananarivo.



Highlights



* Drilling intersects a 70 metre-wide multi-metal
(nickel-copper-platinum-palladium) formation at shallow depth (37metres)

* Intersection over the entire width (from 38metres to 108metres) grades 0.23%
nickel (Ni); 0.11% copper (Cu) and 1.05g/t 3E (platinum (Pt), palladium
(Pd) and gold (Au))

(The full results are appended below)

* Pt to Pd ratio is 1 to 1

* Copper equivalent of the total intersection is 1.56% at current metal
prices as of 2nd September 2005

* In-situ value of total intersection is US$56/t rock at those metal
prices


Intersection includes


* 6.2 metres (from 55.6m to 61.8m) grading 2.47 g/t 3E and


From metres To Interval % Cu In-situ value
$/t (at
metres metres % Ni % Cu g/t 3E equiv. current
prices)
72.8 108.4 35.7 0.31 0.19 0.99 1.9 69
89.4 108.4 19.1 0.34 0.20 1.05 2.1 74
75.3 83.5 8.3 0.32 0.23 1.15 2.1 75
102.3 108.4 6.1 0.47 0.24 1.02 2.6 95



* Wide intercept and shallow depth ideal for open pit mining

* Intersection proves recently established geophysics model

* Potential for large regional development since the combination of
geophysics and sampling in the area suggests the system may extend over 35
kilometres.


An industry accepted model for a bulk mining operation producing not less than 8
million tonnes per year is believed to be approximately US$20/tonne production
cost made up of approximately US$11 per tonne as direct operating cost and US$9
per tonne for capital recovery.


Set Point Laboratories (ISO 17025 Accredited and SANAS Accredited to 223) in
Johannesburg, South Africa carried out the analyses of the drill core samples.


Colin Bird, CEO of Jubilee, said "The size and scope of this discovery bears all
the fundamentals required for a world-class resource combining good grades with
a suite of metals sought after in the market. The thickness of the intersection
provides the potential for large-scale mining and the confirmation of our
evolving model from the recent geophysics programme, suggests that Londokomanana
could develop into a regional, as opposed to a local situation, with some 35
kilometres of ground, some of which has been tested with similar geophysics.
Further drilling, some 180 metres south and along strike, is confirming
continuity of the formation. Results will be released as soon as these become
available.


Hennie Blignault, Consulting Geologist to Jubilee said "This discovery outside
the South African Bushveld Complex is extremely significant in world terms."


Mr. Blignault is a former group geologist for Gold Fields of South Africa and
was a lecturer and research associate at the University of the Orange Free State
and the University of Cape Town.



For further information please contact:


Colin Bird Cathy Malins / Annabel Leather
Jubilee Platinum plc Parkgreen Communications Ltd
Tel: 07768 397 627 Tel +44 20 7493 3713

Excellent news and just the ticket to get the sp heading on a one-way ticket northwards. The company's ascertation that this turns the prospect from a local into a regional one is most encouraging.