RCR 4.00% 2.6¢ rincon resources limited

Ann: Avalon Drill Program to Commence, page-23

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  1. 10,390 Posts.
    lightbulb Created with Sketch. 725
    also that what was WA1's market cap after they first discovered Nb-REE? I think it was ~$100m
    so say RCR has found Nb from Avalon
    then if it's high grade like WA1 then we can expect similar market cap ~$100m+
    if it's not as good as WA1's first drill result, then MC will not exceed $100m
    then if the s/p run too high that means higher market cap. then less upside movement
    ofcourse the s/p can still keep going higher if they decide to continue pumping this up
    and there will still be people buying, but that's not for me, I know it's a trap if it goes that way.
 
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