cash is king, page-2

Sorry Goldbrick,

These juniors are valued less on whats in the bank but more on whats in the pipe line ----

This mob have not been able to secure a drill rig for Rum Jungle over the last 8 months --- And have sold there only near production assett extremely cheaply

The cash they have in the bank will be burned on their salaries and other running costs soon enough ---

I read nothing in the activities report that has me rushing to buy more shares

it hurts me to say but The market has them valued about right