RCR rincon resources limited

Yes, and good luck to you and whatever other cause people want...

  1. 14,298 Posts.
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    Yes, and good luck to you and whatever other cause people want to invest for! There is no bad reason, we all want different things in life, as long as they make us happy at the end of the day, that is what matters! For me, it is the opportunity to travel and see family and friends who are scattered around the world more than ever in this new post Covid world. Plus, the opportunity to save for starting up a young family.

    Anyway, RCR are set up beautifully right now, it is just a matter of letting the drill bits spin and the results do the talking. Whether a discovery is made in this drilling program, or the next 2,3,4,5 programs, I will be holding long due to the positive nature of the targets. I expect at least one more drilling program, maybe even two more to take place before November when the next heat wave/wet season arrives.

    If we get to something crazy like 50c in the near term, I may think about taking 10% off the table, but I will always keep the majority of my holding long term because this is an explorer and that is the risk that I took on board when investing and I will let the exploration programs and potential discoveries dictate the way my capital moves for me. I am not about to change my investment strategy now because it has worked very well for me to date. I have a very diversified commodity portfolio, you lose some, you win some, but you only need 60% of them to perform based on fundamentals and exploration success to come out a winner in the end Imo.
 
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(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $3.803M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $260 20K

Buyers (Bids)

No. Vol. Price($)
4 1156055 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1446666 2
View Market Depth
Last trade - 10.06am 20/06/2025 (20 minute delay) ?
RCR (ASX) Chart
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