Red Rock Resources Share Discussion Threads

[soulsauce] 18/9/2014 17:14

Well as you are already some 650m in front I don't think you can win that one Atino - confetti king strikes again lol.

[atino] 18/9/2014 16:57

...isn't YOUR Sudan license area....MUCH MORE 'LAND ACREAGE'...than Cote d'Ivoire *__^ ???


(..i wonder whom will do the more 'confetti throwing' - 'project' for 'project' ???) LOL PMSL

[soulsauce] 18/9/2014 16:53

LOL, more confetti for more very early stage projects that require masses more money throwing at them - oh dear!!

[bunky3] 18/9/2014 16:41

Not too bad that as there won't be any overhang. He will hold. Good move

[fangorn2] 18/9/2014 16:40

Lol, as predictable as night follows day...

We do seem to spend alot of Working Capital don't we...as nearly all these placings have had a Working capital element over the years.

Good evening all....

Wonder what Atino's got to say.

[atino] 18/9/2014 16:37

RNS ( - another unfortunate placing...but this prospect IMO...seems a lot better than Mid-Migori (...one of the licenses is right next to Rangold :-))


[Quote] "Randgold Resources Limited Downgraded by Deutsche Bank to “Hold” *__^

Deutsche Bank lowered shares of Randgold Resources Limited (LON:RRS) to a hold rating in a research report released on Tuesday morning. Deutsche Bank currently has GBX 4,640 ($75.40) price objective on the stock, down from their previous price objective of GBX 5,000 ($81.25).

Deutsche Bank has also modified their ratings on a number of other stocks in the few days. The firm reiterated its hold rating on shares of GlaxoSmithKline plc (ADR). Also, Deutsche Bank reiterated its hold rating on shares of AstraZeneca plc (ADR). Finally, Deutsche Bank reiterated its buy rating on shares of Trina Solar Limited (ADR). They have a $15.00 price target on that stock.

A number of other firms have also recently commented on RRS. Analysts at Investec reiterated a hold rating on shares of Randgold Resources Limited in a research note on Monday. They now have a GBX 5,016 ($81.51) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an add rating on shares of Randgold Resources Limited in a research note on Tuesday, September 9th. They now have a GBX 5,800 ($94.25) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of Randgold Resources Limited in a research note on Monday, September 8th. They now have a GBX 5,200 ($84.50) price target on the stock. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 5,208.93 ($84.64).
Shares of Randgold Resources Limited (LON:RRS) opened at 4471.00 on Tuesday. Randgold Resources Limited has a 1-year low of GBX 3600.00 and a 1-year high of GBX 5285.75. The stockhas a 50-day moving average of GBX 4945.18 and a 200-day moving average of GBX 4797.31. The company’s market cap is £4.142 billion.
Randgold Resources Limited is engage in the exploration and development of gold deposits in Sub-Saharan Africa.

hxxp://www.wkrb13.com/markets/377038/randgold-resources-limited-downgraded-by-deutsche-bank-to-hold-rrs/

[21trader] 18/9/2014 16:33

Nothing like a 16.27pm Rns of a placing

[atino] 16/9/2014 22:23

make that....101% :-))) ^__^ LOL



[Financial Times, Quote] "Gemfields turns to Sri Lanka for sapphires", By Michael Kavanagh

Gemfields, the Aim-quoted precious stone miner, has extended its reach to Sri Lanka by buying a majority stake in 16 exploration licences in the country.
Ian Harebottle, chief executive, said the drive towards securing a source of sapphire – a gemstone known for its blue-tinged variants – would complement Gemfield’s focus on emeralds and rubies in Zambia and Mozambique.

“The proposed development of sapphire operations in Sri Lanka will realise our stated red, blue and green ‘traffic light’ of coloured gemstones strategy,” he said.

Though some of the largest blue sapphires have been discovered in Sri Lanka, it is also a source of the prized padparadscha, or salmon pink coloured, variant.
Last year Gemfields extended its interests in the coloured gemstones market with the acquisition of the underperforming Fabergé luxury goods brand as part of a “mine to market” strategy.

Though sapphire is best known for its decorative use, industrial grades of the gemstone also have applications in manufacturing from watches to barcode scanners and mobile phones.

Gemfields is paying $400,000 to acquire a 75 per cent stake in a Sri Lankan joint venture with Jersey-based East West Investments. The deal will also see the partners back the creation of a gemstone trading company, Ratnapura Lanka Gemstones, that will look to source rough sapphires in the country.

Shares in Gemfields, whose leading investor Pallinghurst Resources is led by former BHP Billiton chief executive Brian Gilbertson, fell 1 per cent to 48.5p on Monday

[atino] 16/9/2014 21:59

(Yep..) 100% its PICKING UP ^__^



[Quote, released a few hours ago:-] HSBC Lowers POSCO to Neutral (PKX) ^__^

HSBC cut shares of POSCO (NYSE:PKX) from an overweight rating, to a neutral rating *__* in a research report sent to investors on Monday morning, TheFlyOnTheWall.com reports.

A number of other analysts have also recently weighed in on PKX. Analysts at Macquarie initiated coverage on shares of POSCO in a research note on Friday, September 5th. They set an outperform rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of POSCO in a research note on Monday, September 1st. They now have a $87.00 price target on the stock. Finally, analysts at Credit Suisse upgraded shares of POSCO from a neutral rating to an outperform rating in a research note on Tuesday, August 12th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $87.00.

POSCO (NYSE:PKX) opened at 86.29 on Monday. POSCO has a 52-week low of $63.71 and a 52-week high of $86.99. The stock has a 50-day moving average of $81.91 and a 200-day moving average of $74.1. The company has a market cap of $27.538 billion and a P/E ratio of 20.07.

POSCO is an integrated steel producer in Korea. It produced approximately 31.7 million tons of crude steel during the year ended December 31, 2009, a substantial portion of which was produced at Pohang Works and Gwangyang Works.

hxxp://www.mideasttime.com/hsbc-lowers-posco-to-neutral-pkx/216172/




[Quote]....

"research QUALITY is VITAL...(in fact)...the research quality is the ABSOLUTE independent variable ^__^

...it's the 'be all & end all' of EVERYTHING *__^

...anybody out there...can collect information...but a very few can actually properly interpret it...and derive something of VALUE

...research is just not about looking at the 'numbers'...research is really about looking at the VALUE of PROJECTS, that take a lot of engineering solutions, geological considerations, and providing VALUE to clients....that are not SO apparent:-) " ^__^




...offices in London too :-))) [what a great outfit, with reputable clients ^__^] Watch the video (automatic start play *__*) - hxxp://www.amegroup.com/Website/Content/Home.html

[atino] 16/9/2014 16:07

(...cos I like to play against all odds *__^) LOL hahaha

Hey John...(guess what I saw down Chancery Lane today, just a few hours ago)....AAE pitching an 'exclusive' mobility ride....with his PRIVATE number plate attached! (...is it Bell...or is it AAE:-))) LOL hahahah *__*

[johndee] 16/9/2014 13:14

I guess Atino knows that. Why he did not transfer his RRR into RGM like most did is baffling.

[bam bam rubble] 16/9/2014 13:03

The size of RRRs holding means RGM won't have much effect here

Share dealing in RGM
Sep 2009: £20k @2.1p
Jun 2010: £50k @1.1p
Sep 2010 £136k @1.1p
Jul 2012 £200k @1.25

Outlay: -£406k... worth £149k at 0.44p

[johndee] 16/9/2014 11:52

RRR was 0.2 last week. Until is gets paid for the asset on sale that is about where it will stay apart from the help RGM is likely to give yet again when it rises to 1 penny plus in the next few days/weeks. Remember RGM is the main company and RRR was just a minor split from it. Without RGM there would never have been a RRR. Never forget that.

[rjcdc] 15/9/2014 00:11

How you can think RRR is a better investment than RGM is just baffling... With the exception of its interest in Jms and RGM, Rrr seems to have nothing at all apart from a couple of ropey potential sales going for it.

How can any sensible person prefer rrr as an investment compared to RGm... Genuine question...

In fact, it would make more sense selling your shares here, buying RGm, hold them for a month, sell them and buy back here before Columbia goes through.,,,

Each to their own... But there are two things holding this up at the moment - RGm and DS.

[johndee] 14/9/2014 14:23

For well over three years now the market has been telling us that RGM is a much better play than RRR and it looks like that sentiment is to continue.

[nash81] 14/9/2014 12:58

Sentiment returning positive to rgm. It will help bring positive sentiment to rrr. We should get colombia news next mth anyway.