RED Leopard Share Discussion Threads

[purple11] 14/8/2014 09:46

already nearly bagged...what you made 21?

[21trader] 14/8/2014 09:45

This says it all about you Topinfo one of your most trusted friends turns and
tells the truth about you and your never ending pump and dumping.

[temmujin] 14/8/2014 09:43

1m market cap and only 200m shares in issue...things could get pretty volatile now

[topinfo] 14/8/2014 09:40

See you at 1.25p Hatey lol

TTFN

[moreforus] 14/8/2014 09:36

breaking out

+15%

[moreforus] 14/8/2014 09:29

up on just over 1 mill of buys

[purple11] 14/8/2014 09:28

full ask strength gla

(21 don't say you were sold into AGAIN!)

learn how to play the game:)

[21trader] 14/8/2014 09:18

Good call on that OUT you were ramping Topinfo !

[topinfo] 14/8/2014 09:16

The neighbouring Shoshone County, popularly called the Silver Valley, boasts of a total output of around 1.2 billion ounces silver, along with substantial amounts of lead, zinc, copper and gold.

[topinfo] 14/8/2014 09:16

On Wednesday, Red Leopard Holdings informed that the US Bureau of Land Management approved its plan of operations to open the Idora Tunnel in Idaho after the submission of a US$7,300 reclamation bond. The work on the site is set to start shortly, with the group planning to appoint Coeur d'Alene Mining Contracting for the purpose. The stock rose 12.5% yesterday.

Our view: Opening of the Idora Tunnel would provide Red Holdings underground access to its mining claims located near the Shoshone County. The group has already gathered a large pool of data for the Idora mine. These factors are likely to boost its future exploration activities in Idaho. The neighbouring Shoshone County, popularly called the Silver Valley, boasts of a total output of around 1.2 billion ounces silver, along with substantial amounts of lead, zinc, copper and gold. Additionally, the group's focus on development of other prospects, including the Atacama region in Chile, could yield positive results in the coming period. We reiterate a Speculative Buy.

[rayteuptetash] 13/8/2014 12:33

pay day tomorrow : ))

[ryan83] 13/8/2014 11:18

Exactly funded to the point of drilling - by which point RLH will have shown to the market that they have something to drill for after performing:-

1) Geochemical sampling of known areas, in order to confirm historic results and establish a working baseline, together with an expanded sampling program over the whole property.

2) Carry out ground based Geophysical Surveys to supplement proposed IP survey

3) Produce a Geologic Map at a scale that represents the structural and lithologic complexities of the property.

4) Further drill target delineation and drilling.

5)General Prospecting and sampling and assaying of veins encountered.

RLH are fully funded to step 4, steps 1-3 will show the market what RLH are intending to prove up.

[purple11] 13/8/2014 10:42

embarrassing himself as usual:)

[purple11] 13/8/2014 10:19

stig sounding desperate!


pAGE 51

Proposed Budget:
Geophysics $250,000
Geochemistry $ 60,000
Geology $ 40,000
GIS $ 20,000
Office $ 20,00

that totals $390k or £232k

RLH have around £300k cash

[the stigologist] 13/8/2014 10:17

oh dear so bad that the Auditors had to include an Emphasis of Matter note !

Emphasis of matter – Going concern

In forming our opinion on the financial statements, which is not modified, we have considered the adequacy of the disclosure made in Note 1 to the financial statements concerning the company's ability to continue as a going concern. The company incurred a net loss of £358,681 during the year ended 31 December 2013 and, to further the future plans for the Group, the Directors' have
determined that additional funds are required in the forthcoming period. As explained in note 1, the company is preparing to commence discussions with its advisors and with potential investors but as yet no funding commitments have been obtained.
These conditions, along with the other matters explained in note 1 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern.

[the stigologist] 13/8/2014 10:10

GOING CONCERN

To ensure the full development of its assets and to actively pursue its investing policy, the Group will require further funds to finance its work programme. The Directors will be negotiating with its advisors
and a number of potential investors for the injection of sufficient new capital, via further equity raisings or debt finance, which would provide sufficient funds to allow the Group to pursue its objectives.

The
Directors have prepared a cash flow forecast for the coming 12 months which demonstrates that there is sufficient funding to continue to trade for a period of 12 months if they were to curtail operations in the event that fundraising was unsuccessful. The ability for the Company to to ensure the full
development of its assets and to actively pursue its investing policy and continue to trade beyond 12 months is contingent upon raising of further funds.

The Directors are confident of being able to raise the necessary funding. The success of a future fundraise has been identified as a material uncertainty which may cast significant doubt over the going concern assessment. Whilst acknowledging this uncertainty, based upon the expectation of completing a successful fundraising in the near future, the Directors consider it appropriate to continue to prepare the financial statements of the Company on a going concern basis. The financial statements do not include the adjustments that would result if the Group and Company were unable to continue as a going concern.

[the stigologist] 13/8/2014 10:04

RLH don't have any cash so there will be a placing imminent

any 'spike' now will be created by bucket shop shills before a massively discounted dilutive placing IMO

[moreforus] 13/8/2014 09:50

want full ask 0.55p for 750k max after that buy

200 day ma breached to the upside....chart working for RLH for once.....!

[ryan83] 12/8/2014 20:15

read the CPR report which is part of the admin document sept 13 and bear this in mind

"Existing mine and related infrastructure supports the development of initial near term small scale mining operations for relatively low capital expenditure, whilst exploration and evaluation activities seek to prove up a resource base capable of
supporting a larger scale development."

Market cap of a little over £1m.

[moreforus] 12/8/2014 16:35

blue close and we all know how rare that is!

[moreforus] 12/8/2014 16:30

perhaps but the 200 day ma has been falling for a year and now we are above it....

significant imho....