RUM 8.70% 2.5¢ rum jungle resources ltd

From RUM release of 7 December 2010...."It is unusual that a...

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    From RUM release of 7 December 2010....

    "It is unusual that a first pass drilling program at a ?blind? drilling target beneath transported
    cover could deliver nine contiguous drill holes over several square kilometres, yielding high
    grade results near surface. Until proven otherwise, the geological nature of this style of
    sedimentary phosphate bed in such an environment suggests the mineralized body is likely to
    occur as a uniform ?blanket?, thereby suggesting a high tonnage, high grade phosphate
    deposit of giant dimensions."

    I think the reality of the drilling is now showing that they have ANYTHING BUT a uniform blanket of high grade phosphate. Hence, the market's disappointment.

 
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