In case you missed it. RTR or rumble resources is up 94.44% today, almost doubling investors money in a single day! So did WHY RUMBLE RESOURCES SHARE PRICE DOUBLED TODAY
What is RTR
“Rumble Resources Ltd is an Australian based exploration company with a clear strategy to generate and drill test a pipeline of projects providing the capability to make world-class discoveries on multiple projects.”
“The company critically reviews each project against stringent criteria and has assembled a portfolio of seven highly prospective base and precious metal projects located in Tier 1 regions in Western Australia.”
The Share Price
Today RTR is quite literally off the chart. Trading up a massive 94.44% at $0.35. This year its up a massive 423%. Today it has a Market Cap of $95.8M. Today’s rocketing in share price has been fuelled by a discovery update which has seen the price at record highs.
RTR released an ASX announcement detailing the assay results of two RC drillholes fast tracked at the Chinook Prospect which confirmed a major Zinc-Lead discovery.
These results mean that the company has potentially found a very large-scale Zinc-Lead system. 26 drill holes out of 26 struck Zinc-lead.
The company says this massive pile of Zinc-lead may be in the upper-end of their exploration target. With RTR owning 75% of the tenement, this is looking like a massive win for the company.
Where to from here?
RTR has a busy pipeline of current and planned drill programs, all at various stages of development. At the moment RTR hasn’t met PROPHET’s BUY criteria, but we are watching it closely. Hopefully, more gains are to be made for investors.
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