AAJ 0.00% 1.7¢ aruma resources limited

Ann: Aruma to Drill Mt Deans Lithium Project, page-18

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  1. 34,916 Posts.
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    I’ve seen plenty of speculative punts by rich dudes that haven't worked out. Whilst it's encouraging to know that someone of Copulos's calibre is holding, it doesn't make resources appear if there's nothing there. It's certainly not a no-brainer investment. If they find nothing share price will go down as a result of burning more cash and having to raise again.
 
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