Well surface mineralisation is very strong and the little historical data is very positive. I am surprised about the recent days trading in the middle of west Arunta drilling. None of our peers in the region with market caps lower than WA1 and ENR are even drilling yet. However for some reason they are performing better than us. It makes little sense. The volume has been quite low in comparison to previous weeks so that means it can easily be dragged down as those wanting to manipulate it have more control right now. With little buy interest arriving it’s easy for them to try to create a negative selling environment. I think we need some drilling news or announcement of RC drilling kicking off to get some buyers back. It has all the signs of weak holders selling because they are scared of bad results and certain investors trying to soak up and absorb these loose shares as low as possible as we approach further imminent drilling and then assay results in the next 6-8 weeks.
RCR Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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