RCR 4.00% 2.6¢ rincon resources limited

Ann: Avalon Nb-REE Drilling Gets Underway, page-147

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,390 Posts.
    lightbulb Created with Sketch. 725
    well, that's what they want people to think, they are very confident about this drill program, but again, which mining company before they drill or while drilling they will tell you that they don't feel good, they don't think they will find the mineralisation?

    this is my guess, they knew the Pokali didn't hit the jackpot and at the same time the geophysics data from other area got one that similar to WA1's Luni, and they use it to pump the price up and fast-tracked the drilling process then hope to find Nb-REE mineralisation. Otherwise, they've been worked on Pokali for long time and drilling was almost finished, if it was good then they won't shift focus away to Avalon, luckily the Avalon has similarity to Luni, so they have chance.

    https://hotcopper.com.au/data/attachments/6328/6328892-3708b039bab3c7c1390695bd1fed185e.jpg

    https://hotcopper.com.au/data/attachments/6328/6328894-8f1ed5760962d0bb620ca50969f1d379.jpg


 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.