RCR rincon resources limited

Ann: Copper Sulphides Intercepted at West Arunta, page-78

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    Exactly. If the market priced in the high-grade Cu (generally above 1.5/2% Cu) and took the pXRF readings as a similar level of confidence to the official assays at the lab, then the share price would have gone to 6c plus imo. The fact that it actually dropped 2 pips means the market is still pricing this drilling program as finding nothing and it is also factoring in a 2-3 week delay. Only upside from these levels between 2-3c once drilling resumes imo!
    Last edited by coto: 27/03/24
 
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