RCR 0.00% 1.6¢ rincon resources limited

Another Pump and Dump ??, page-4

  1. 1,036 Posts.
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    My next Question is:

    What % of shareholders are banking on a WA1-like discovery VS those that are banking on the Cu potential?

    The Cu is very deep, certainly not from surface.

    https://hotcopper.com.au/data/attachments/6131/6131318-6876adb39a88d4f7d2828c8fdd84f576.jpg

    Also, At what widths are these pXRF readings from? E.g. 0.5m @ 7%?, 1m @ 3.43% (Red flag?)
    Why have the widths not been included or have I missed that in the report?

    I have another query:
    Are there some long-term investors with large holdings looking to exit?
    Looking at the chart, I'm sure many would be considering taking the loss at this point.
    And then there are those that will strategically exit knowing that a CR is imminent.

    Again, rcr are really pushing the WA1 anomaly ''size'' resemblance.
    Many people will buy based on this and the so-called correlations with the other discoveries stated in the announcement.

    I see this announcement as very misleading and find it very concerning that companies are able to publish this way whilst keeping within ASIC rules.

    Just my thoughts,
    DYOR


 
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