Greenroc Mining Share Discussion Threads

[ryanrhys] 07/12/2021 09:56

Overhang.... You mean it failed to sell over %50 of its shares of IPO and dosent have the cash it said it will lololol

No one's watching, you never develop just drill and it's always been a failure loloo

[dave4545] 06/12/2021 20:56

The stock or company is fine.

It's just getting dragged down by a overhang and when the overhang clears it will bounce and spike rapidly.

But I need to see a serious volume increase before I play and I bet loads are doing the same.

So there will be plenty of watchers looking for signs of life.

[thaibob1] 06/12/2021 16:03

Now that was the biggest load of tripe ive read for a long time, your one very very sad person.

Stop scaremongering RyanRhys,you know that you will not win, ALBA United investors are going to make a very decent profit.

Alba United V RyanRhys the 🤡

[ryanrhys] 06/12/2021 14:51

I don't drink, not that I am T total but I've just never really enjoyed drinking and really only have a drink on very very special occasions.

It's quite popular to not drink thesedays, people who drink lots are just off putting and not emotionally stable. I use to just buy a few cokes or lemonades when out just to stop people asking if I was drinking or not, when asked if say it was G & T or Johnnie Walker and coke but with all these fancy new mineral waters and the present craze I just tell people I don't drink and enjoy a mineral water.

At first I really was a Perrier guy, strangely I hated Perrier as soon as I got into San Pellegrino. After that the market exploded and you got water from the glaciers of the some pristine snow locked country to the Welsh Hills. It's amazing how subtle the change in mineral content creates a multitude of flavoured water and the enjoyment like a fine wines sensitive palate can be had.

When in Wales I find the general tap water of the North and sometimes mid areas to be very tasty. It's easy to gulp down lots and is cleansing, refreshing and has a purity in its mild taste. Happily could I bottle and sell that, it's easily better than a lot of others on the market. Evian is quite strong tasting of minerals whereas Welsh tap water the opposite.

One other type of tap water that was amazingly tasty was the water a certain type of granite like islands around the world. The granite breaks down into a rich muddy orange like soil over millions of years erosion. Hong Kong, some other similar but far scattered places of that granite makeup make you want to drink toll your bloated on a hot summers day.

No I am afraid alcohol is not for me, there's much finer pleasure in non alcoholic drinks and for me just simple healthy water.

As for GreenRoc it always seems I'm right and your wrong, as far as the words 'Share' and 'Chat' explain I feel predicting the first IPO failure in lack of subscription and its large drop even to and beyond today to be far more fitting. I also feel warranted that as far as their assets go they will never get interest or development and the continued drilling and pointless field projects merely a continuing saga that has been re-running for best part of a whole decade.

Bluejay were bought out by Finnaust, they quickly got £5 million then £20 million then more after till completion of their ilmenite which wouldn't give you much change from £30 million and only seeks to do strip mining as a stage one and is not yet able to dredge offshore as it's next stage unrolls.

Bluejay have had ICH run their samples and test deliveries through their pilot plant and have provided machinery and plant to site. They also build the dredgers Bluejay need. Rio and another company have given £20 million for development and will offtake their ore in ships.

GreenRoc sit there (as these assets did in Alba) unwanted. No one will partner or fund and GreenRoc will never have, raise or get enough funds to do it themselves. The whole world knows what you got but no one is interested and for that it fails. More drilling on either of your main liscences won't change this, more studies and reports dosent garner what you need.

Alba had actually run out of cash to pay much more of the Greenlandic government development agreements to hold the liscence and itself become low on cash and unable to raise anything. In fact the only reason it hasn't failed before are

1) It went cap in hand to Bergen for cash for share deals which Bergen hammered them on leaving Alba having to pull out of the deal and...


2) It ran bogus news stories on apparently finding Welsh gold to the tune of £750 million in the Welsh Hills.

The gold scandal has seen them not find gold, their wash plant fail to make any gold and a slew of pointing everywhere claiming it holds gold reports which are now at stupid levels since they can't show even a speck of it!?

The lack of interest was also why everyone dumped Alba and it's share price tumble to nothing but leaving 7 billion shares each only a minute fraction of a penny. The same lack saw Alba spinoff and the most crucial aspect this undersold overhang and the fact no one really bought into GreenRoc and why its price has crashed since day one even showing over %30 loss.

I'm not sure what you expect, this is obviously the truth and only reason for its crash down. Did you really think I'd avoid the truth and start drawing little crayon pictures of GreenRoc named rocket ships blasting off to Pluto in clouds of investor filled cash.....!?

I'd like to see proof this isn't a failure like people wanted to see lots of gold to prove Alba wasn't lying. For years and years they produced report after report claiming amazing opportunities, world class assets but got and did nothing. The plots of land are still barren tumbleweed plots of land they were upto a decade ago when bought and all those millions seem more just wages and admin minus a few drillings.

Will GF, after taking £300k plus for wages from Alba then take the same from GreenRoc...!? No development, massive wage bills.... Come on what was promised hasn't materialised and the only ones who got rich were the board and CEO.

How low does this overhang go and add on the fact lots keep selling out just when could this share price drop to!? Already no development just more drilling next year.....'''AGAIN!?''' and so forth til broke.

No one gave these guys £5 million, the IPO didn't sell much and no one underwrote that they would give all the money for the millions of unsold shares. Can we have proof of what GF said that they got the £5 million!? I'd guess they'd be lucky if they got £2.5million and already £850k had to go back to Alba. Minus this and next year's drilling plus government spend requirements on all the assets by next Summer, close to a £600k wage bill..... this lot will be broke and unable to fund more.

The truth often hurts those invested, I've not seen any of you add anything meaningful to the conversation or honour the words 'Share' and 'Chat'!?

[thaibob1] 06/12/2021 11:16

Ive not lost a single penny

Your obsessed with depramping this share.

RyanRhys the bare face liar

You clown 🤡

[thaibob1] 06/12/2021 09:26

Share on a upwards trend,just saying you 🤡

And like I've told you many times before, please do not swear we could have ladies on the thread reading your bad mouth language.

[thaibob1] 05/12/2021 17:18

And what will you be saying when the share goes up to a high level ?

You will still scaremonger and deramp.

[thaibob1] 05/12/2021 15:58

Your scaremongering tactics are not working, now clear off and leave the thread that's a good clown.

[thaibob1] 05/12/2021 15:22

Only thing that's failed is you RyanRhys

[bobdown2] 05/12/2021 11:13

world class field potential. On the graph.? Is this the first part of the rising share price. It could be. No one ignores a mining stock that has an asset worth two or three times the current share price.

[ryanrhys] 05/12/2021 10:58

Overhang means lots of unsold, unsold means much less funds than originally wanted. Already paying back £800k plus more drilling means you've used most of your funds.

It's simple maths, who gave them £5 million.... Nobody, two million maybe but that's largely gone.

How many shares can you buy... There's the extent of the overhang!?

But without interest it will all rot away as it did at Alba. Rampings do t change the facts and the facts are it's failed!?

[bill hickman] 05/12/2021 10:05

People can speculate on how big the overhang is but we don’t know how big it is or how soon it will clear but it will and as long as drilling results continue producing good results then we should soon see a return towards 10p and beyond.

Of course we know they have adequate funds for the time being so there shouldn’t be any placings in the near future.

[bill hickman] 05/12/2021 09:58

You’re welcome Bob. I made a cautious small buy but after the latest RNS I’m very pleased I did and will be adding more.

Good point SK.

[ryanrhys] 05/12/2021 02:08

The overhang and future volatility is massive, no one came in for this graphite with Alba and the same seems to be happening again. If you secured market interest from someone i.e. Tesla (obviously that's never going to happen) there would be rewards but without its simply going to drop more and as the cash erodes away the risks become that you loose 100% of your investment.

Now I have been more than right with this company and IPO, ramp all you want but it doesn't change the facts one single bit and you still end up a LOSER!?

Interesting without reason the MM's bumped the price of both GreenRoc and Alba based on their next days RNS submission, I'm not sure why but they were either desperate or just pushed into it by ETX and others.

It had no effect except it gave a small rise for some to sell out on, by the end of the day it had dropped and guess it's true level much lower still now the selling of both companies shares continues to produce a drop.

I don't see why GROC affects Alba, it affects it's capital not it's development and as GROC fell Alba wasn't falling based on capital in GROC shares.

If reputation was based on being correct then I certainly would be highly reputable since that's all I've been... Correct. But in a tank of brain-dead idiots who post on every stock they own that it will blast off meteorically no matter if it's never going to one really has to sort and ignore the chaff since listening to them will only see you loose the same amount they already have.

Both Alba and GreenRoc are failed scams, if that's a little harsh for you then the facts are both are sliding down fast and after real analysis neither will ever recover. I fear this small rise is preceding an even bigger fall.

Thaibob and other rampers should come back when it actually does take off instead of dreaming and trying to push others into losing their investment like they already have, rampers are idiots who never seem to be correct.....!?

[dave4545] 04/12/2021 09:42

Agree SK

They represent a huge % of the years profits. But you still need to catch them right. I mean many thought the line of stock would clear at 10p then 9p then 8p and now it's 6.8p so some need the overhang to clear and bounce just to break even let alone make a profit