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

Greetings one and all. Stuck a few in my smaller long-term account on 23rd Sept at 48-and-a-bit. seawallwalker alerted me to your thread - nice stuff.

Interesting you all mention our dear friend Ashley. He used to post on AM in the early days, but got banned. In fact he was also banned from ADVFN for a while too, but I see he's been allowed back. I've personally been bumping into him for about 6 years. Self-styled mining guru he has always been and always made me laugh. Have actually spoke to him on the phone once - loud, fast and hard work IMO.

Hoping JLP flies over the coming years, though. My last good miner was AQP from when it floated on AIM. ;-)

Hi Al.

Thanks for you comments all of which are entirely useful.

OK dudes.

Do we panic and sell on this pullback or do we hold. Quick check on stop position and decide there's plenty in the stop.

;-)

We hold.

Rerating coming............... should do the trick.

Get back to your rig and turn on the gas!

They are all waiting for breakfast bacon rolls.

A definate hold Big Al. There is SO much potential!

DJ MARKET TALK: Numis Ups Some UK Miners To Buy
0901 GMT (Dow Jones) Numis Secutrites adjusts UK miners' ratings. Upgrades
Antofagasta (ANTO.LN) to buy from hold, Rio Tinto (RTP) to buy from add, Xstrata
(XTA.LN) to buy from add, Peter Hambro Mining (POG.LN) to buy from add and ZincOx
(ZOX.LN) to buy from add. Downgrades Highland Gold (HGM.LN) to sell from reduce,
Albidon (ALB.AU) to add from buy and Jubilee Platinum (JLP.LN) to hold from add.
Ups Antofagasta target to 1,815p from 1,614p, Rio Tinto to 2,758p from 2,326p,
Xstrata to 1,769p from 1,580p, Randgold Resources (GOLD) to 793p from 777p, Peter
Hambro Mining to 952p from 876p and First Quantum Minerals (FM.T) to 1,694p from
1,582p. But cuts BHP Billiton (BHP) target to 941p from 954p. (DWE)
Contact us in London. +44-20-7842-9464

Why the negative re-rating after such an excellent update news? If the potential is anything up to 1.70 per share surely the recent good news isn't all in the price.

Maybe because of the 25% gain over the last few weeks, probably wanting consolidation?

No idea really just guessing.

Seen it all before and I am prepared to wait with this one.

ok guys what about this..........

when Numis said "hold" they meant while they reassesed

now here is the one they posted at 3.00pm today

JUBILEE PLATINUM* (45.5p) - BUY - target 61.5p (from 51p) - Madagascar
discovery adds potential upside value to South African pgm portfolio
Last Different Recommendation HOLD 10th October 2005

We have reviewed and considered the potential value of the Tjate platinum
project in South Africa along with the potential for upside from the recent
discovery in Madagasgar. It is our view that the Tjate platinum project
should justify the company's current market value of around 34m (US$60m)
leaving plenty of potential upside for Madagascar unrecognised in the
present share price.

Our peer group review includes Eastern Platinum and Platinum Group Metals.
Each of these companies hold platinum projects on the Bushvelt. If we
apportioned a pro-rata valuation to Jubilee based on their share of the
potential 66moz of platinum group metals then we could calculate a far
greater valuation for Jubilee Platinum.

Nice one chippy, I couldn't understand why they would have reduced their rating when Madagascar was confirmed. I was wondering if there was need for a placement to proceed further into production? Fall today by nervous investors or profit-takers has provided a good buying opportunity tomorrow.

That's better chippy2. Now let's see if we head off into the blue again tomorrow.

Phew.

Did you write that?

They dont need cash andy, they have enough for 18 months of exploration.

Glad that's sorted, really, thank you chippy2, I thought we had all we were getting.

I am much relieved.

No probs, got me worried too, glad I didnt sell, as a few did !

Well it's taken nearly all day, but we have movement up again.

IMO it should go beyond previous highs over the next few days....... cross your fingers.

250,000 Buy is encourging, wish I'd had the courage to top up yesterday at 43p.
Was out all day today and missed out.
SWW, I also thought they had enough cash but when I saw the first HOLD it set me wondering but Chippy cleared it up and I slept well !!!
Confident as you can with this one, there are so many opportunities and potential and should just take one.

I agree andy.

Minesite resume

Full end of year results out.....HUGE!!!

Loadsa

Whats HUGE , there's nothing in it that we don't already know