resource stocks article, page-3

should be another announcement this week.

will be intersting to see what comes of it.

also liked the story on rum site

http://downloads.mywork.com.au/image_manager/rumjungl/Resource_Stocks_May_2011.pdf

"Finding more fertile ground"

Looks like their going to fast track the project to become australia's first fertiliser producer, karinga creek and then barrow creek/ammaroo operation.

David sounds very upbeat about the project at barrow creek with possibly billions of tone of ore incorporating mid level grades.

Its a good read and I believe as a holder for the long term this will turn us a nice profit. Am not worried about slump in sp. I notice a slump in most fertiliser stocks across the board of late, but several are starting to show signs of recovery.

A great team at Rum.

Late June the JORC should be out. So that is only about 5 or 6 weeks time. Just hope the JORC is easier to understand than the last report they put out. LOL.