Red Rock Resources Share Discussion Threads

[bam bam rubble] 23/4/2014 18:29

The Chairman says Jupiter Mines is worth some 21c book value on a net assets basis
rather than the last trade share price of 8c, justifying the decision to delist it.

But RGMs RRR investment is worth £0.5m at the bid while at NAV it'd be worth £1.5m.
For the Chairman's logic to be consistent on this, shouldn't RRR also be delisted?

[itchycrack] 23/4/2014 15:26

Ban shorting! You are such a mis-guided individual - this will NEVER happen! Period.

[aimglider] 23/4/2014 14:58

Feel good and short the shorters....


Get your vote in here, and add your voice...



This is an e petition asking for the banning of shorting to be debated and passed in Parliament...

As our so called regulators appear to be unwilling to act, then maybe other methods should be used and this is one..

Investors should be protected from this practice which involves the loaning out of your shares to be then sold back

Into the market with the aim of destroying value and manipulating the market particularly on AIM which the government is offering incentives for ordinary investors to invest in...

Risk is fine but manipulation by a small number of wealthy individuals and hedge funds is unacceptable when there is a simple solution to stop it, it is unacceptable in what is supposed to be a market for supporting business and growing the wealth of the nation...

Risk should equate to an investment that the individual investor owns in any business.

Thanks guys....feel free to post this where you are invested...

Good luck everyone

[bam bam rubble] 23/4/2014 14:53

"RRR are getting some income from Colombia"

The only way to get an income is the local company MFP to pay out a dividend to RRR which hasn't happened yet. With the gold price well off its highs and upper levels mined out, doesn't look likely to either. 100% loss on investment on the cards imo.

[soulsauce] 23/4/2014 14:25

kezman I don't believe Bell thinks either company will finish up in that way thus we will doubtless see anything happen.

[soulsauce] 23/4/2014 13:53

kezman why would assets start shifting in RGM's direction when we have no money either? RRR are getting some income from Colombia and a sale of that asset still has to be a possibilty.

Seda will continue as long as Bell needs it and can get it away.

[kezman01] 23/4/2014 13:47

So armed with that information you would think that if there were any possibility of it happening, there would be strategic moves to protect RGM.
Given that AB has a large direct interest in RGM It would make little sense to sit and watch from the sidelines.
I wonder if some assets will start shifting in Regency's direction ?
All supposition of course, but I get the impression the end game could be approaching.........I just can't see where any income is going to materialise to put a stop to the incessant fund raising.

[mikestamp] 23/4/2014 13:38

Well, he does need his 'working capital'

[seagullsslimjim] 23/4/2014 13:35

Yep - Bell squeezing this for every last pip and then he'll jump ship just before Admin so it doesn't blot his copy book - I bet Mr Sklan is chuffed today with his recent investment

Led up the garden path by the wiley old fox !

For financial self fulfilment Bell really has played a blinder and maximised his opportunities against soft opposition and with the assistance of his cohorts.

Imagine if that was your dad ??

[hernando2] 23/4/2014 13:25

If RGM still has shares in RRR then their value goes to Zero.

If those shares are pledged as collateral against loans for RGM , then those loans will be called in.

and the shares held by RRR of RGM will be sold as they are held as collateral against loans or sold by the administrator.

So will be an impact financially i would have though

[fangorn2] 23/4/2014 12:52

Down 7%, does indeed look as if a Seda is underway.

About time surely. It's been at least 3 weeks since the last one!

[buywell2] 23/4/2014 12:30

BANG
































Bam Bam got it bang to rights

[bam bam rubble] 23/4/2014 12:27

Looks like a SEDA underway here going by the block selling

1,000,000 @0.3168p
1,000,000 @0.3103p

[kezman01] 22/4/2014 09:35

rrrRRRrrr2 to reception please


Nice to see your team stick by their Manager, like you said they would.
Lovely to see they're a "proper club" unlike Chelsea who "lack class".
Thank the lord you didn't get Jose eh?
So who next....who will pass the Bobby Charlton test....Ian Holloway's available !

You know as much about football as you do about shares.

[johndee] 21/4/2014 14:40

I will believe that if and when the share price goes above a penny in the next couple of weeks or so.

[atinos auntie ettie] 21/4/2014 14:35

Those who say it may have been preferable to wait until the Cote D'Ivoire permits were granted miss the point entirely (as the company's detractors tend to do) as announcing it provides a talking point so shareholders remain encouraged as well as the neighbour effect whereby an announcement of progress by others in the country may rub off on us. Both these factors offer near-term upside. In Africa one cannot set watches for when a permit comes through, but as the new mining code is put in motion in the coming months the hope and expectation is the backlog will be dealt with quickly and a decree issued before long. With luck, first pass exploration could begin in the next main dry season available, from November to April, when site access is easiest and therefore cheapest.

[fangorn2] 16/4/2014 14:48

How many boards are you going to spam that rubbish on today then?

[loading] 16/4/2014 14:12

huge volume 1 months buying in 1 hour
GGP
warren1
Posts: 2,526
Observation
Opinion: No Opinion
Price: 0.43
NewsToday 11:49Just heard from a little birdie that news (plural) is out soon, not going to say anymore

[dimmerginger] 16/4/2014 14:11

Darren i will give u the production figures- AB pockets 200k pa.

[darren81] 16/4/2014 10:45

why have we still not heard how negotiations went las tweek AB?? Where are the production figures we were promised???