RCR rincon resources limited

Ann: Laverton Gold Exploration Strategy Commences, page-4

  1. 14,604 Posts.
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    Awesome to see we have diversification. The majority of the market is probably unaware of this and all the comments in here recently are along the lines of 'if West Arunta fails the company fails' which is nonsense since we would always have a couple of other projects with other minerals packages to fall back on at the very worst.

    I have been critical of management recently but at least they are not sitting around on their backsides, and they are straight into the next program while we await the Avalon and other target assays in the next fortnight. If they were just sitting around awaiting West Arunta results, then the months pass by as you comb through the data, delineate the mineralised zones, refine targets and then organise next heritage survey and then drilling permissions. Before you know it, it is 6 months down the track. At least this way, we have a constant stream of workflow across multiple fronts.

    I am expecting the volume to arrive shortly in anticipation of Avalon results following the carbonatites visuals and proof of Nb-REE mineralisation. It will be nice to get this share price back in reversal mode and a market cap to start reflecting its cash balance and multiple projects worth.
    Last edited by coto: 26/09/24
 
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