RCH is far from in trouble. I hope its a massive sell down. Would love to gain much more at half the price. One thing I can say for certain is that this down turn will be very short lived. With drilling results starting to come in not only will institutions look at buying but you will see the MumDad investor starting to hit it. I have seen this sort of thing happen before ie insto goes belly up and mass sell down happens. Only to see the share price rebound twice as strong. This company - if the sell down happens ;) - will be in a position to make a lot of people happy for numerous reasons..... Things for thought 1. Company about to begin drilling and are currently rebuilding the facilities/camp that were once there. 2. Mistakes made in original drilling assays. 3. Sept/Oct results of drilling begin to emerge . 4. Oct/Nov JORC. 5. Possible Rhenium discovery 6. Close port facility for transportation. Couple all that with a massive oversell indication and I can see some smart people x5 their investment at the least. Of course this is just my evaluation?
RCH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
