RCR rincon resources limited

Ann: Trading Halt, page-59

  1. 14,692 Posts.
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    Everyone seems to be coming to conclusions early. Until assay results are released, we have no idea if they are good or bad and until any potential investigation is completed by the ASX, we have no idea if there were lab leaks or management leaks.

    It is also possible a larger investor may just be dumping and taking profits due to the Middle East conflict expanding into Lebanon over the weekend and the horrible state of the global economy. The fact that RCR posted a chart saying '"Bring it on", is bizarre and to me it does not give any argument to the lab results of Pokali being poor.

    One thing we can know for sure is it is not to do with Avalon assays and the assays from the current targets because they are at least 4-6 weeks away. The main game here has always been Avalon and these new targets and potential for Nb-REE.

    It sure has allowed many to enter at a discount though. A huge overeaction for something still unknown.

    Also note, many in here spreading negativity are the same posters who have been negative about this stock for many months. A big red day definitely gets the non holders out of the woodwork that is for sure. You will never see them on the green days!
    Last edited by coto: 29/07/24
 
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