RE:RE:time to consider Mirado vendor JUB - Jubilee goldpaulindoon wrote: Teatimenow - Maybe all you wrote & think about re JUB is true but there is one HUGE hurdle!! That is that there is absolutely NO LIQUIDY in trades of JUB. Even if one wanted to take a position, or get out, the number shares trades are minuscule with MOST days ending with ZERO volume. Except for block trades like yest!
So maybe “good” value but good luck getting in/out.
yes that is correct, nothing for trades, nothing if you can`t wait a few years
But if you buy some, lets say at current ask of 70 cents and wait 5 yrs the propability of having a 10 bagger is very high. JUB has been sitting on those royalties for very long, but finally, with this new young and still rel. weak bull market in mining coming to fruitition 3 of the 10 royalties have good chances of paying in the next 2 - 3years. todays marketcap could be 1 year free-cash flow when only 2 of those pay royalties.