Morning trading March 29, page-252

  1. 4,264 Posts.
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    REC
    had visual copper in all holes
    previously drilled

    4 holes that got announced were very promising &
    still waiting on the other 16 drill results

    A lot more cash in bank then TEM & REC has a 50% cheaper market cap

    can’t see it dropping a huge amount after this halt if it’s a query

    REC should have never been hovering around
    12-13cents before today
    with an EV of $1million (ridiculous)

    best not to look at the large percentage rise & stick to MC valuation

    current MC around $22million still seems cheap to me
    Last edited by Elite_Trader: 29/03/22
 
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