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Bullboard - Stock Discussion Forum Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The... see more

TSXV:JRV - Post Discussion

Jervois Global Ord Shs > Typical pattern
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Post by miningmatters on Jan 15, 2023 11:32am

Typical pattern

JRV overpromises, under-delivers and covers with shiny announcements.   My prediction for q4 announcement is operating loss, idaho delayed again, Brazil cost blowout but wait.....that will be buried under some new aquistion/expansion/BFS will deliver salvation.  NY drilling speculation and offtake talks and/or some new M&A that will lead to et another raise later in the year supported by AUS pensions that are pot committed.  It's s Jr mining version of a ponzi that creates a very nice lifestyle by spending not investing capital.   Remember Uganda in 2019? Tens of millions in acquisition and exploration to zero value.  Promises of Tanzania whale project now sikent.  A grand opening of a mine not yet finished.. .

 There is money in trading not holding but be careful catching the knife.. .it will eventually hit bottom and stick. Just like madoff.
Comment by ukrop13 on Jan 16, 2023 12:55am
This post has been removed in accordance with Community Policy
Comment by miningmatters on Feb 01, 2023 8:50am
Posted this 2 wks ago and came true. Current price may be at bottom for this ratchet down. Dead cat bounce to 27 or 28 cad then down to teens...don't know if it bounces back from there.  Momentum technicals are bad and real news also bad.  Trade don't hold this.  Key message in release is no offtake contract for ico cobalt concentrate and Brazil is over a year out, 2 based ...more  
Comment by miningmatters on Feb 01, 2023 8:50am
Posted this 2 wks ago and came true. Current price may be at bottom for this ratchet down. Dead cat bounce to 27 or 28 cad then down to teens...don@t know if it bounces back from there.@ Momentum technicals are bad and real news also bad.@ Trade don@t hold this.@ Key message in release is no offtake contract for ico cobalt concentrate and Brazil is over a year out, 2 based on ico build schedule ...more  
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