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4,297 Posts.
612
29/03/22
12:41
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REC
had visual copper in all holes
previously drilled
4 holes that got announced were very promising &
still waiting on the other 16 drill results
A lot more cash in bank then TEM & REC has a 50% cheaper market cap
can’t see it dropping a huge amount after this halt if it’s a query
REC should have never been hovering around
12-13cents before today
with an EV of $1million (ridiculous)
best not to look at the large percentage rise & stick to MC valuation
current MC around $22million still seems cheap to me
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