The stock price was 6.9c when you posted this If you had just...

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Drake87

600 Posts.

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18/05/24

10:25

Post #: 73891034
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Originally posted by watchthisrise: ↑

One Question:

Can someone please tell me how the ''size and shape'' of the anomaly is somehow indicative of a discovery?

The announcement repeatedly emphasises a ''size'' comparison to WA1's Luni......The resemblance isn't even compelling imo.

This reminds me of other comparisons.........
One example being: VMS' Julimar VS Challice in which nothing significant was ever discovered.

To me, this type of advertising (Which I've seen many times) is merely an attempt to create FOMO for an upcoming Capital Raising.

Has anyone noticed asx announcements of late pushing their sell-stories to the brink of over-the-top sensationalism?
Sure, there may be a chance of some Cu hits, however, with all things being considered (including the main theme being a strong correlation to WA1's Luni) I have to say, this is being hyped to the max on extreme speculation.

My opinion: It's a SELL
DYOR

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The stock price was 6.9c when you posted this
If you had just focused your energy on buying some shares at this point instead of wasting your energy downramping you would have made a considerable amount of money on this stock atm.
This is a lesson to you
Make sure in the future you focus your precious energy on positive things you want to experience instead of wasting it by being unnecessarily negative.

RCR Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
18 Upvote

1 Great analysis

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