RCR 10.3% 2.6¢ rincon resources limited

Ann: Avalon Nb-REE Drilling Gets Underway, page-393

  1. 11,971 Posts.
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    Exactly, well said, the drilling was still ongoing at the Avalon related targets when Pokali results were released. However the market fear took hold and the credibility dropped due to the market thinking there was a dodgy leak (which I agree with) with the selling before the update. Investors also likely sold and crashed this stock because there was no drilling update with litho news about Avalon related targets. So fear likely took hold that it was a duster too. So therefore the market is currently pricing in pokali as crap, management as crap and the multiple Avalon region targets as crap. We are almost back to shell value. Which is positive in itself and a great price to be accumulating at because the upside is MASSIVE if we get good news from this drilling imo. We now know that no PXRF readings were undertaken and that means it’s all on the labs now. Which they have stated numerous times as late September release. Good luck everyone!
    Last edited by coto: 19/08/24
 
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