RCR

4.76%

11.0¢ rincon resources limited

Ann: 2024 EXPLORATION CAMPAIGN - WEST ARUNTA, page-729

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Trade4Profit88

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22/03/24

00:22

Post #: 73004459
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Originally posted by coto: ↑

Sounds like Gary is being very careful with his words. 'Cherry on top' rhetoric sounds like it capped off a very successful visit. Hopefully he liked what he saw in the core. Generally, companies do not need to report on any core visuals or geological intersections. It is not mandatory at all, even if it looks like a successful hit to the geologist. Most companies generally just wait until the assay results are returned because anything prior to that is a lot of speculation, plus there is higher risk for misinforming the market which no management wants to do. Always let the accuracy of the data do the talking is my philosophy!

From the Webinar, Gary did sound like the type of management who want to go above and beyond and inform the market as much as possible. I am sure we will get an update of some sort before early next week, once they have the time to write it up in the office.

The share price action has been horrible lately, I am not back in the red with this close below 3c. However, I have an active buy order mid 2c, to average down in the event this market gets more crazy and there are further sell offs.

Expand

"particular site visit" there must be reason for him to visit the site during drill period, so what is that particular reason?

Originally posted by investor901: ↑

if your just in red now you must have a real low entry point. mine 3.5c. as we have seen 10k$ can see this go to 3.4c. doesnt take much they will keep playing with this as long they can until they get caught out

Expand

my lowest buy was 2.95c and highest 4c
but sold/took profits above 4c+ then bought back at lower price
that makes my average down to 3c

RCR Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
1 Upvote

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(20min delay)
Last 11.0¢		Change 0.005(4.76%)		Mkt cap ! $31.71M

Open	High	Low	Value	Volume
10.5¢	12.0¢	10.5¢	$394.7K	3.610M

Buyers (Bids)

No.	Vol.	Price($)
4	178160	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	214610	5

View Market Depth

No.	Vol.	Price($)
4	178160	0.110
11	816903	0.105
15	1144065	0.100
1	5051	0.099
1	10204	0.098

Price($)	Vol.	No.
0.115	214610	5
0.120	704981	14
0.125	402369	9
0.130	492058	16
0.135	912405	8

Last trade - 16.10pm 28/06/2024 (20 minute delay)

RCR (ASX) Chart

Ann: 2024 EXPLORATION CAMPAIGN - WEST ARUNTA, page-729

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