Nice little plug for JAK [and Lion Ore] in the resources section of the Weekend Oz. You'll find it on P.11 of the Careers Section, rather than the Business section which to me would be the logical place to put these items.
Six companies are referred to in the "Mining Week" column and JAK is first on the list. They report...
...A nickel alliance has been formed over 700 sq.km in the Kalgoorlie region. JAK has teamed up with LIM,the latter to earn 60% by spending $6 million...Limited past exploration on JAK's ground has returned drill intersections assaying at between 0.6% and 8% nickel.
JAK has not done much since that announcement was first made but it appears that many shareholders have been selling some f.p's in order to convert their options.
This week the converted options are due to be listed. Will there be further selling pressure or will new shareholders hang on for the next lot of drilling results?
JAK
jackson minerals limited
