CGR were in a similar boat, they were sold down to skeleton value after their phase 1 drilling came up as dusters. Then today we saw them surge 25% with a reversal. The same thing will happen to RCR from these skeleton values below 4c. There will be a big reversal back up towards 10c at some stage. Just depends how patient everyone is to wait for it. If Avalon area target results come in with decent intersection or discovery type news then it’s going to be a lot higher. Imo from these levels, there is a lot more upside than downside that’s for sure!
RCR Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
