Red Rock Resources Share Discussion Threads

[noirua] 04/9/2019 20:44

Gold is now at US$1,553.00 an ounce. A bullish move for both Mid Migori, El Limon and Para Resources. Accept the negatives of course but do not cause people the injustice of diverting towards politics.

[the_debt_collector] 04/9/2019 19:42

Bell the Brexit Party candidate LOL

[kemche] 04/9/2019 19:01

From Bellend, the new candidate for Bucks:

“A Scottish novelist once wrote that we can best pay our debt to the past by putting the future in debt to ourselves."

And what a debt!

As he has done with every single one of companies. You couldn't make it up.

God help the Brexit Party!

[torp] 03/9/2019 21:44

The El Limon royalties will never be fully recovered imho. At the last reported quarterly revenue rate ($13,658) it will take around 134 years to recoup the full $3m. A fact you persist in withholding from readers here. Your ramping methods remain as disingenuous as ever.

[noirua] 03/9/2019 13:32

Despite the many negatives including Steelmin, Amulet and Greenland there are plus factors even though trust is low. RRR has interests in gold at Mid Migori waiting for a mining license and royalties at El Limon despite hold ups there. The value of Jupiter shares at around £4 million.

[torp] 03/9/2019 11:56

Nothing will ever change here imho until the BOD are removed

Over £15m cash raised between 2012 and 2017 via the horrendous dilution of shareholders.

Over £11m of that was expended on Admin and other expenses.

The very definition for me of an AIM lifestyle venture which serves to enrich the bank accounts of the BOD

DYOR

[kemche] 02/9/2019 19:16

Millions upon millions squandered and yet the cheerleader will continue singing the praises of Bellend.

[kemche] 02/9/2019 19:13

Desperate stuff.

[kemche] 02/9/2019 19:10

Yet more money squandered. I am shocked.

[kemche] 02/9/2019 19:09

You just could make it up!

[noirua] 02/9/2019 18:10

NB: 2015 - 2015 - 2015
Chairman Andrew Bell explains the loss of license at Mid Migori:

2011 - 2011 - 2011
- part 2

[noirua] 02/9/2019 17:18

The sale of 1,285,072 shares at 0.41p was quite surprising after a list of buys near equalling it between 0.48p and 0.49p. They should have sold in smaller amounts though even then the MMs had a good day, profit wise, today.
Maybe matters have turned to RRR's interest in the Mid Migori project in Kenya and getting a mining license as the only reasonable way forward, other than selling some Jupiter shares.
The market in mining explorers has weakened further leaving few with many options. At least Red Rock is rare in that it has options available to fill the petrol tank - or is it charge the battery these days.

[noirua] 31/8/2019 11:01

Australia has seen a reversal in the housing market after a boom lasting over two decades and driven by increased Chinese buying. The Chinese are reducing their property holdings and transferring into Hong Kong dollars that are used both in Hong Kong and Macau - the HK$ is linked to the US$ with only a small margin of movement either way. This has led to a weak Aussie currency combined to an engineered fall in the Chinese currency.

Aussie miners have done well and particularly so when commodities are sold in US$s in Australia or profits made abroad are brought back home. However, the US$ may have finished its strong run and demands by China have reversed and many commodities are falling in price. So much so that they are all over the shop and fewer investors want to chance even a little finger and certainly not an arm. Lots of cash is chasing cannabis shares and gold shares that are producers. Jam today stocks are in favour and certainly not jam tomorrow shares.

UVEL

[new_scally] 31/8/2019 04:26

Smart move selling JMS, if you got 39c this week then I reckon once it goes ex div in a few months you will be able to buy them back for 30c or less. They are getting a lot less for their ore than a year ago and the price is still falling. I do not know why the share price has not retreated like s32 and others but I think it will.

[noirua] 31/8/2019 00:15

Reduced my holding further in Jupiter during the week. Cash may not be king again as yet but so many small mining exploration outfits are finding their company has not hit the floor just yet as it may get very much worse in parts of the mining sector.
In 1988/1989 it was so bad that if a company found gold the shares fell due to the likelihood of further expenditure. Fortunately Red Rock has gold interests and quoted shares but unfortunately the cash has trotted off to you know where!

[new_scally] 30/8/2019 09:31

Coming from you I will take that as a compliment

[the_boy_plunger] 30/8/2019 08:25

new_charver

what r u talking about

change yours

prat

[noirua] 29/8/2019 13:54

Trust is very low here and it is mainly the fault of the Directors over Amulet and Steelmin - also the history of events in Greenland. They need to come sparkly-clean as they have added much salt to the apple strudel and now the Chairman Andrew Bell wonders why no one is eating it.
Having said that Red Rock shares remain undervalued due to the quoted shares held by company. The rising gold price offsets the falling copper price and low price of cobalt. Cobalt has recovered a bit but too early to be convincing.

UVEL

[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.