RUM 8.70% 2.5¢ rum jungle resources ltd

Hate to say it, and hope I'm wrong, but I think we are bunnies...

  1. 194 Posts.
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    Hate to say it, and hope I'm wrong, but I think we are bunnies people. Can't see any reason why this stock is in free fall. Doubt if SolPats is going to throw any more in. My guess is it is not viable and the cash in the bank is for "jobs for the boys". These presentations/roadshow's have been going on for years. Nothing has ever come from them. An excuse for a holiday? I hope not. Admittedly I am not a share person. My go is the races. Just looking at the form though, nothing has changed. The resource is the same as over a year ago. Won't be selling but definitely won't be pumping any more in. Seems to me the management are "lost", sitting on their hands, going around the globe hoping someone can give them some direction.
    Really hope I'm wrong but just telling it as I see it.
 
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Currently unlisted public company.

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