RUM 8.70% 2.5¢ rum jungle resources ltd

i just don't get it...

  1. 18,231 Posts.
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    Potentially significant high grade phosphate around 85km from rail access, that would take ore straight to the port.

    Mkt cap around $20m
    $4m cash
    Even gets a mention in today's 'Pure Speculation'.

    Enough news in the last month on Ammaroo to indicate a potential sea change in the fortunes of this little stock.

    Yet, so many sellers, and so few buyers....lucky the sellers are gererally holding firm with their asking price.

    What gives?

    Made a stand and topped up for the third time today, only to watch the stock finish lower....
 
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Currently unlisted public company.

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