RCR 8.70% 10.5¢ rincon resources limited

Ann: Trading Halt, page-60

  1. 4,472 Posts.
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    I will be selling my large holding for quite a loss Friday. Sorry, they may have decent land etc, but this absolutely stinks and management have zero credibility for the future in my eyes. They did a raise a few months ago, have done no drilling (weather issues I understood) but then raise again. No respect for shareholders. Will open at 3.5, and will take months to recover - not that management will care. Been in the markets a long time, and this is he dodgiest I’ve seen. SELL SELL SELL, amd move on to a team with more integrity imo.
 
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