The whole market had its worst day since that big sell off in early August. Therefore, today wasn't just on RCR. We are almost at our 52-week low of 2.3c. A pretty good indication we should reverse from there, if it's hit this week. I expect plenty of bargain hunters like me to be accumulating as much as possible in these low levels, a lot of money to be made from here on the way up when the assays are released. The market is already pricing in nothing good from the assays going by the reading in here, so if anything decent is hit, we are going to get a solid re rate imo. Plus, there is another drilling program to come in the next 3 months prior to wet season, which should hit something good now that the geology and structure is better known for our prospects. Also, we have plenty of cash in the bank compared to the last time we were at 2.3c. We had under $500k at the time before we did last raise. We should have around $4Mil in the bank when next quarterly drops.
RCR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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