RCR rincon resources limited

6.67%

1.6¢

I'm holding for the WA1 like potential. Which is not likely to...

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cocacolamas

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29/04/24

11:45

Post #: 73556109
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Originally posted by watchthisrise: ↑

My next Question is:

What % of shareholders are banking on a WA1-like discovery VS those that are banking on the Cu potential?

The Cu is very deep, certainly not from surface.

Also, At what widths are these pXRF readings from? E.g. 0.5m @ 7%?, 1m @ 3.43% (Red flag?)
Why have the widths not been included or have I missed that in the report?

I have another query:
Are there some long-term investors with large holdings looking to exit?
Looking at the chart, I'm sure many would be considering taking the loss at this point.
And then there are those that will strategically exit knowing that a CR is imminent.

Again, rcr are really pushing the WA1 anomaly ''size'' resemblance.
Many people will buy based on this and the so-called correlations with the other discoveries stated in the announcement.

I see this announcement as very misleading and find it very concerning that companies are able to publish this way whilst keeping within ASIC rules.

Just my thoughts,
DYOR

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I'm holding for the WA1 like potential. Which is not likely to happen, but possible, so worth the risk in my opinion.
As I got in at around 5c I can't lose now, so the stop loss is in place and I'll see what happens.
I got in after 'discovery alert' released a report on this stock. I haven't lost following their opinions yet, so I'll continue to follow those reports and trade accordingly.

Last edited by cocacolamas: 29/04/24

RCR Price at posting: 8.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $4.680M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$534	33.4K

Buyers (Bids)

No.	Vol.	Price($)
3	150030	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	58480	2

View Market Depth

No.	Vol.	Price($)
3	150030	0.015
1	1071214	0.014
4	2461338	0.013
4	1770545	0.011
2	700000	0.010

Price($)	Vol.	No.
0.017	58480	2
0.018	836666	3
0.019	800000	1
0.020	270000	1
0.022	2500000	1

Last trade - 11.36am 25/07/2025 (20 minute delay)

RCR (ASX) Chart

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