RCR 0.00% 2.6¢ rincon resources limited

CGR were in a similar boat, they were sold down to skeleton...

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. 11,983 Posts.
    lightbulb Created with Sketch. 4960
    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!
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.