Red Rock Resources Share Discussion Threads

[algernon2] 18/4/2024 23:04

Let's hope his almost constant friend and companion (paramour?)Eris leaves him alone and unaccompanied this time.
Eris: the Goddess of Chaos and strife.
"All hail Eris , All hail Discordia!"

[noirua] 18/4/2024 18:58

May the gods go with him to Burkina Faso. They are at present deciding in a heavenly place as to which gods should go. Chrysus has volunteered which is good news and Goddess Spes is also expected to be there as well. Plutus may go as Spes is just a minor God. Things are looking up.

[kemche] 18/4/2024 13:48

"Just back from a one day trip to Kenya and already planning for a longer trip to Burkina Faso."

I thought he was already there with his shovel! Has he got time to waste at his age?

[kemche] 17/4/2024 14:59

DL has put a $350m valuation on Bilbale and $236m on Kenya so let's see.

[noirua] 17/4/2024 00:32

Off-topic - For those of us still holding ASX:JMS where the good times have arrived - jolly good show. Once held by Red Rock.

[noirua] 16/4/2024 21:50

The gold effect even though it has to be balanced with debt including CLNs should in theory see Red Rock's shares recover at least toward 0.1p if one can call that much of an improvement.
Anyway, chin up folks something has to happen soon whatever that may be. Burkina Faso has been valued by DL as worth $10 million to Red Rock about the same as Musonoi is worth.
DLs' Mining company, he is Chairman of Down Under, might just be thinking of interesting themselves in NBGC we shall see. My feeling is that AB has it at the back of his mind.

[kemche] 16/4/2024 14:31

All the sells are buys on a tight spread. Rick Rule picking up all the cheap shares. Lucky sod!

[kemche] 15/4/2024 15:20

That only plays right into RRR's strengths.

And don't forget Rick Rule!

[noirua] 15/4/2024 14:35

Could commodities be set for a long-awaited rebound?
April 10, 2024

[noirua] 15/4/2024 11:41

Off-Topic: CRCL - It won't be long before they cry out AB please come back all is forgiven. RTOP - Well, it is a fun stock for me as I'm up £1,750 on a share down from £2.50 to 2.35p in about 8 months beating RRR hands down. RTOP is a fair risk for those who understand how it trades, bonkers if you like, but bad news for those who can't swim in its deadly waters.

[kemche] 15/4/2024 11:03

All the buys are entities closing their shorts.

[kemche] 15/4/2024 11:03

@Oilplayer2009 all over this now.

he_debt_collector - 02 Oct 2020 - 10:49:29 - 281 of 1959 Corcel PLC - Battery Metals & Energy Investments - CRCL
Corcel featured in Shares Magazine - beware of the bashers, anyone foolish enough to act on their 'advice' will already have missed a bagger.

Many believe this will be a £10m+ company soon enough, it is currently circa £2m m/cap, target 5p+ totally realistic.

Get in before the herd

Many long term holders supported the December 2.75p placing & legacy holders are in far higher up, very little resistance to 3p therefore.

[kemche] 14/4/2024 12:52

DDR, behave!

:)

[dead duck resources] 14/4/2024 12:50

For a moment thought you were talking about Noirua there

vassal. noun. vas·​sal
a person in the Middle Ages who received protection and land from a lord in return for loyalty and service

[tomboyb] 14/4/2024 11:44

So in that sense the share price is irrelevant -

[tomboyb] 14/4/2024 11:43

Whatever you think of BELL, he has done exceptionally well!!! -

Just not for shareholders -

Imagine being able to use equity as a "vessel" for over 20 years -

Smart -

[noirua] 14/4/2024 10:31

The size of processing ponds for larger heap leaching systems can also
require knowledge of the depth and water supply to the pond. The pond
at Burkina Faso is likely to be a barren pond and already well-lined.
Hopefully, there is no need for speciality slurry pumps and the costs that
go with it. A gravity system is ideal if practical. This in itself requires
greater depth and a natural slope to keep the solution channels angled.

Leachate must be what is found in Burkina Faso and probably requires crushing
and the pond requires dredging from time to time. A compacted heap requires a
lixiviant chemical to be used and in the case of gold 10 to 30 days to reach
full dilution. Hopefully, the pond at Burkina Faso is very well lined as it
needs to be long-term. Settling through gravity is likely to be used.
Other than this watching out for overflows and leak detection are the only
other requirements.

Hopefully all the above is in place at Burkina Faso probably what has led to
CEO Andrew Bell being so confident. Why not in that case one would think and
of course hope.

[noirua] 13/4/2024 16:02

Red Rock is troubled on the cash front and mixed views among Investors
therein at Red Rock.
The gold is in the ground, royalties have not arrived yet, and some gold
might be there who knows, however?
Himself is Burkina Faso bound but how much time to gold production?
Maybe Red Rock just wants to flog its interest off after Himself pushes the
pond into production - go for it AB.

Other concerns to how anything else can be carted off to new holders.
Kenya needing licenses renewed has quite poor drilling results so not
easy to sell. Musonoi does not look encouraging.

NBGC looks like a longer-term IPO so not worth considering for cash.
Can El Limon royalties be transferred to a new owner or sold back to
Soma. Possibly in this market and the easiest way to go - go for it AB.

Anything else? - err no!

[noirua] 13/4/2024 15:31

Help has arrived as Rick Rule is here for Red Rock?


Dr Marc Faber is also for gold:

[kemche] 12/4/2024 23:48

Those are important determinants of the RRR share price.

[noirua] 12/4/2024 23:32

With tensions rising between Iran and Israel causing the gold price to reverse with Bitcoin, we will need to see what Monday brings. The DOW and NASDAQ also pulled back late on.

[bscuit] 12/4/2024 20:56

I am used to placings at a nominal premium driving the share price back to the placing price. but that didn't happen perhaps because the proceeds were only 10% of MC. Having been a placee I am currently happy!