RCR 0.00% 2.6¢ rincon resources limited

Ann: Avalon Drill Program to Commence, page-90

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  1. 10,400 Posts.
    lightbulb Created with Sketch. 726
    mate the pokali assay is not out yet, it may bring the price down.
    the rise in last few days were purely base on Avalon drill and this is consistent with what I always said Avalon will be the price catalyst and Pokali will kill the upside movement, as the MC is already at ~$40m, current upside is very limited until they can bring home some good news from drilling.

    TA-wise today's action shows breakout, price up, volume up, stand above 13c
    but FA-wise the market cap is high, and no drill results to support the gain, so one + and one -
    just remember how CGR drop from 40c+ down to 10c+, the history could repeat it again here, imo.
 
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