RUM 8.70% 2.5¢ rum jungle resources ltd

Rum ready to fire, page-5

  1. ds
    7,132 Posts.
    can only hope this is what happens here. SP chart looks similar (EPK CN) fell over the last 12-15 months from highs around C35-40c to lows of C12c 2 months ago and then spiked back to 25c and then 30c now where the equity placement was made (originally came from C$1.75 4 years ago). RUM fell from 60c peaks 4 years ago and 10-14c a year ago to 5c recently and has the same spiking going on. If the value is treated similarly then this pre deal speculation could get us to 8-10c area and a deal in the 10-14c range for what is hopefully the level both rally from given project funding and a partner in place.
 
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