RUM 8.70% 2.5¢ rum jungle resources ltd

should be another announcement this week.will be intersting to...

  1. 678 Posts.
    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.

 
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