Red Rock Resources Share Discussion Threads

[noirua] 29/8/2019 09:36

Header tidied up and made more straightforward.

[new_scally] 28/8/2019 15:11

the_boy_plunger

oh dear some people simply have no class, suggest you grow up and change your user name

[seagullsslimjim] 27/8/2019 20:15

the boy plunger - agree at your stupid price comment and yes - well overvalued.

[kemche] 27/8/2019 12:55

The shares are expensive taken as the company is at present.

[noirua] 27/8/2019 11:39

Concerns are that there will be a cash raising. Ongoing costs in DRC and general company expenses means the coffers are low. No doubt RRR have to sit on their hands as much as possible until the Jupiter dividend arrives - might arrive earlier than November.

The major shareholders who have about 32%, excluding directors, will be underwhelmed at a 0.45p - 0.46p placing unless they want to take part. There are a small number of investors holding under 3% but over 1% who could be a hidden factor here.

[the_boy_plunger] 27/8/2019 09:35

stupid price....simples

[noirua] 26/8/2019 12:47

Jupiter Mines Limited ASX:JMS

[noirua] 25/8/2019 16:08

Due to US problems on trade with China gold looks as if it will be strong down-under overnight. A lift for Red Rock on its Mid Migori interest and El Limon.

Red Rock holds a 75% direct interest in Mid Migori Mining Company Ltd (“MMM”) which controls a 1.2Moz JORC gold resource in Kenya via Special Prospecting Licenses 122 and 202. ❖ There is significant resource expansion potential and ❖ Macalder Tailings - 68koz Au @ 1.7g/t

El Limon royalties - value over time to RRR US$2.95 million. This figure is not certain as it depends on production at El Limon.

[noirua] 24/8/2019 13:57

Header updated.

[noirua] 24/8/2019 11:44

Winmar Resources to make its mark on London Stock Exchange
20 February 2019




The shares of Winmar Resources WFE have been removed from the ASX due to nonpayment of fees. This had led to much discussion on Hotcopper.


Cobalt:

[torp] 23/8/2019 19:25

Something else

Noirua points out in the header that :

CRT holds 16.09 %
1620 hold 10.35%
PG holds 4.77%

Collectively over 30%. That should give them some level of power and
influence in the company.

Question. . . .

Do any of those people have any interest in ordinary shareholders here
or are they purely out for their own interests . . . .?

How one answers that question likely determines whether one invests or not

DYOR

[torp] 23/8/2019 19:17

Similar lack of interest and tumbleweed over at RGM

1 trade on 9th Aug
1 on 12th
2 on 14th
3 on 15th
2 on 19th
2 on 20th
1 on 21st
3 on 22nd
3 on 23rd

All show as sells on LSE trade list


I could be wrong but for me personally it looks like RRR and RGM
are dead horses and it's only a matter of time before both will
need to do more confetti issues. I can't believe Bell will start
pawning off the Jupiter shares, once that happens it will signal
the end imho.

RRR secured authority to issue up to 400m more shares in 2019
RGM secured authority to issue up to 2 BILLION more shares

Doubtless this has contributed to the lack of interest along with
the BOD's actions.

DYOR

[noirua] 23/8/2019 16:31

The rise late on today in the gold price may have spurred investors to take an interest due to Red Rock's gold interest in Mid Migori. El Limon is unlikely to be a factor. Mid Migori needs a mining license that may be further delayed. Or maybe it is just a sprinkle of new followers at the RRR tweeting page.
The weak copper price and Manganese are some negative factors.

Better trades today: - 6 + one UT - not busy but a shade better.

[new_scally] 23/8/2019 14:20

goldfund

Is this new low a classic goldfund buy signal!!!!!

Please confirm

[noirua] 23/8/2019 10:54

Investor Presentation:

Does not cover Steelmin ( see header ) and may not be a new update as undated. Also no mention of the present cash position - must be running low.

[noirua] 21/8/2019 14:21

Please go to the Red Rock Resources PLC website for clarification on any information concerning the company or phone/email -
Contact us:
COMPANY WEBSITE: Red Rock Resources:
UVEL

[torp] 19/8/2019 09:44

Noirua : "Due to previous loans granted to Amulet and Steelmin not being announced by RNS. This may be holding back the price of Red Rock shares."

I'd say that's just the tip of the iceberg.

The preposterous £millions that have been expended by the BOD on Admin and other expenses, thereby sapping all value in the share is probably more responsible for the share's demise, but I tend to agree, the actions of the BOD to NOT RNS to shareholders key loans, transactions and events of third party companies is likely the final straw for many. It's now 6 months since one of the RRR ventures, Steelmin, went into Administration and this company still hasn't put out any RNS to that effect to the markets. That event is surely price affecting imho so there is absolutely no excuse to my mind for not RNSing it.

The BOD have to go imho simple as. Nothing will happen here until they go.

All imho

DYOR

[torp] 18/8/2019 21:20

Header seems slightly improved but still doesn't mention the £2.7m Current Liabilities from the last Helf Year Report nor the last reported El Limon
royalty revenue rate.

[fenseal3] 16/8/2019 17:41

I see this is still the torp and Noirua show....when a company can't give any positive news out, there is a problem, simple as that, glad I got out.

[torp] 16/8/2019 16:27

I don't destroy your work, I openly challenge it for the nonsense it often is.
Ramping rhetoric, misleading statements and material that misses out all the
salient details and facts that investors need to know to make an informed
decision.

If you want a platform to peddle ramping cherry picked misleading twaddle
then an open chat forum probably isn't your wisest choice TBH.

Why not start your own RRR Blog website as others did with Northcote (that became
Mayan Energy, another industrial scale diluter).

Why does it matter to you if people post their opinions here or challenge the
stuff you post? It's just a share chat forum.

[noirua] 16/8/2019 15:11

Torp, where is your new header so we can read all the facts and negativity? No header means you are not true to what you say. Not a creator only a destroyer of others work.

I will ignore you completely until you show yourself not to have an agenda that demands you must not do anything other than attack AB.

goodbye