Red Rock Resources Share Discussion Threads

[kemche] 21/5/2021 17:50

Ignore the cheerleaders as they have been cheerleading since 30p - through all the 24 fundraisings, all the accumulated losses and all the "admin" enjoyed by the BOD.

[noirua] 21/5/2021 17:36

ObserverOO7 et al, unfortunately the RRR website is out of date ie has not been updated to the 22 February RNS:


The total Mineral Resource, for both Inferred and Indicated categories at a 0.5 g/t Au cut-off, is estimated at:

15.13 Mt @ 1.49 g/t Au with contained metal content of 723,000 oz Au.

Key Points

· MRE covered the five prospect areas covered by the 2012 MRE

· Application of RPEEE principles required by JORC (2012) led to the exclusion of some previously estimated Mineral Resource areas and a consequent 39% reduction in reported ounces of gold

· Gold grade of the MRE for the same reason increased by 18% to 1.49 g/t

· Some material previously stated as Indicated in the oxidised zone has been downgraded to Inferred, reflecting uncertainties relating to the terrain model and the extent of artisanal activity since 2012

· Detailed recommendations for a first stage step-out drilling programme made to potentially increase the size of the MRE

Red Rock Chairman Andrew Bell comments: "We are delighted to announce an updated Mineral Resource at Mikei, with a higher gold grade. These conceptual pit shells used to test for reasonable prospects of extraction will now act as a springboard for our future exploration which will be focused on Resource enhancement.

[the_debt_collector] 21/5/2021 14:42

Ignore the trolls, they were bashing RRR at .60p and the shares raced to 1.35p, did they apologise, no chance.

Can see 2p and even 3p coming soon enough, just wait for the news to start, it's coming !!

[the_debt_collector] 21/5/2021 14:40

Paul Johnson tweet .....



@pauljohnson9691
·
17m

#POW

@PowerMetRes

JV in Victoria Goldfields with #RRR

@RRR_RedRock has one of the larger strategic footprints in the area (2,336 sqkm) - license portfolio built in 2020 and being explored right now in the field across granted licenses (848 sqkm). Targeting major gold discoveries.

[kemche] 21/5/2021 14:13

They could IPO ALL their prospect so that we could easily get a sum of the parts of about 83p per share!

GLALTH'ers.

And the "new" shareholders too.

:)

[observer007] 21/5/2021 14:10

The CEO has just been to Africa and has hinted about another IPO, could they be looking to float the Kenyan project, according to the website it contains £1.2m ounces of gold.

Surely a 1.2m gold project would be valued north of £10m, then there are the liquid assets which the CEO believes are worth £10m+

In all a bundle of projects/assets worth, at least, double the current market value of the entire company.

The rise in volume is not without grounds, shares look cheap.

[the_debt_collector] 21/5/2021 11:40

More positive comments on Twitter...target 2p

[graylyn1] 21/5/2021 10:57

A lot of hidden value here.

[the_debt_collector] 21/5/2021 10:50

Chartist (who has made a number of correct calls recently) thinks RRR is poised for a strong move.

[greenpastures2] 20/5/2021 17:32

How does Mt Ida compare with the Rio Tinto and BHP areas? How do the prospective extraction costs at Mt Ida compare with the actual ones for Rio and BHP?

[the_debt_collector] 20/5/2021 17:05

Very positive interview, re Juno - covers Mount Ida where a $8m royalty will be paid to RRR should certain works complete + Bell believes Juno shares could rise 10 fold which make the RRR stake worth circa £2m

Also says Aussie IPO will add significant value to RRR

[kemche] 20/5/2021 16:24

Fraudsters peddling fake investments in Greenland, Shyte Creek, Steelmin, Amulet etc warns everyone.

Just get on with the bloody fundraising.

[noirua] 20/5/2021 15:39

Fraudsters peddling fake Interactive Investor and ING Bank investments, warns Which?
12 May 2021
Read more: - Which?

[wsbapes] 19/5/2021 12:07

This will end the Silver Price Fix Cartel.

F.A.O Silver Mining Industry Executives Around The World - Take Control of their "Matrix".

reddit .com/r/OccupySilver/comments/nfk1zr/fao_silver_mining_industry_executives_around_the/

Do help spread this F.A.O other Silver Miners, Silver Gold take off, you benefit.

[noirua] 19/5/2021 11:50

It may not be too ansible especially instantaneous communication wise to see the advantages of a merger between Power Metal and Red Rock. Both are moving in similar directions with assets that may be sold or marketed in an IPO.

[kemche] 19/5/2021 10:42

He's 108 years old. Leave him alone - poor mite.

Let's just have the last fundraising.

Please.

[grimreaper2019] 19/5/2021 10:28

Bell said on 25th March that 'the news flow will outpace our ability to write it up'

2 months on next to nothing.

Bell is trying to replicate Paul Johnson, the only difference is Johnson delivers news
almost daily whereas Bell seems more busy on Twitter regarding virus & political issues.

[kemche] 18/5/2021 09:38

That is huge Noirua.
About 2 months' worth of "Admin".

[noirua] 18/5/2021 09:01

Juno ASX: JNO rise 37% overnight in Australia inline with comments by AB. Value to Red Rock is A$291,865.

[m1sterx] 18/5/2021 08:49

If a resource sector dog like TYM can 3 bag then so can other dogs.

[observer007] 18/5/2021 08:39

Seen a few chartists suggesting Red Rock could be about to move into higher ground, one has a near term target of 1.65p

Red Rock seems under the radar.

[kemche] 17/5/2021 14:24

Excellent news.
When is the fundraising?

[noirua] 17/5/2021 14:18

Extension of Insider Warrants - Power Metal

On 19 February 2021 the company announced a 3 month extension to 40 million Financing Warrants (issued in February 2019 to participants of the Company refinancing) held by insiders and connected parties (the "Insider Warrants") and a new expiry date of 18 May 2021.

The extension was granted due to the impending release of audited financial statements for the year ended 30 September 2020 and given the level of ongoing operational activity that may frequently restrict the exercise of Insider Warrants due to the holders being in possession of price sensitive information.

The Insider Warrants remaining outstanding as at 17 May 2021 are as follows:


Warrant Holder Number of Warrants Exercise Price

Paul Johnson ------------- 10,000,000 ------------- 1.0p

Andrew Bell -------------- 10,000,000 ------------- 1.0p

Red Rock Resources plc --- 20,000,000 ------------- 1.0p


As a result of the above, the Insider Warrants held by Paul Johnson (Chief Executive Officer of Power Metal), Andrew Bell (Chairman of Power Metal and Red Rock Resources plc) and those held by Red Rock Resources plc, cannot be exercised by the expiry date of 18 May 2021.

Reflecting the above the Company has extended the Insider Warrants expiry date by a further three months to a new expiry date of 18 August 2021.