RCR rincon resources limited

General Discussion, page-755

  1. 10,557 Posts.
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    I think the price has already priced in a lot of Avalon drilling
    have a look at CGR, and think how the market value it in the past and should be similar to how the market will value RCR
    ATH for CGR is 48c or $52m M/C, but the s/p was settled around 30-35c, so say we take the mid-point 32.5c the MC is around $35m
    and RCR will have $35m M/C at 12c s/p.

    I still think it will back to 7-10c price range when the assay is out then move up to 10-12c, so give us the pokali assay first then start Avalon drilling.
 
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2 567079 1.4¢
 

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Price($) Vol. No.
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