DL, former Chairman of REM plc [What is his latest venture].1 May 2024 14:03
David Lenigas was appointed Executive Chairman of Rincon Resources on the ASX. The stock has been rising every day in the region of 68%, 23% etc. The project is WEST ARUNTA which is an IOCG target. Already 1 drill hole has been done and results known. The 2ND hole is now due for results. THE RIG is now on site to drill another 2,000m. DL works FAST, QUICK. The reason why I am posting on this site is because I remember DL drilling like there was no tomorrow ie QUICKLY, fast and giving update and interviews etc. THE WEST ARUNTA is the "hottest exploration areas in Australia" at the momo. See what Gunsynd says given they have some 1%+ in Rincon, Australian listed. DL TWEETED 12 hrs ago that he is on his way to PERTH, Australia as he has INTERVIEWS LINED UP. Many folks in Britain are NOT aware that NOT all exploration projects have big potential given it need to have big STRIKE ground, grade etc. Why the excitement in West Arunta area? WA1 is nearby @LUNI or Luna prospect which has nobium. WA1 mkt cap is over A$1BILLION AFTER THEIR DISCOVERY. Rincon 's mkt cap is only A$17m. ALL DEPENDS OF THE COMING DRILLING but should it hit , then DL, post REM plc with Sonora could be on to his 2nd win since REM plc. Wed, 1 May 2024. My Comment: This is just to inform that DL is not King Midas, it is the PROJECT that is the KING MIDAS if it hit mineralisation , preferably a Tier 1 target in size, grade etc. LETS SEE WHAT HAPPENS NEXT.