Red Rock Resources Share Discussion Threads

[the_debt_collector] 12/10/2021 13:01

I see the Hinge & Bracket clowns Noirua and Kemche, probably the same person, are still at it.

What happened to that former employee that had a disagreement with Red Rock over money so decided
to bash the company 24/7, oh wait !

Step in Hinge or Bracket, bets are on, will it be in 5/10/30 or 60 minutes ??

[noirua] 12/10/2021 12:56

It would be interesting to know what reparation costs were paid for Greenland up until 30 June 2021 and the figure for the period to 31 December 2021 if known?

Also how much was the dividend received for Jupiter shares up until 30 June 2021 and amount due in the period to 31 December 2021?

How much has been paid for Lubumbashi exploration, Kenya Exploration and how much paid into NBGC in Australia?

The sale of Jupiter shares was timely. When AB said Red Rock has enough money to the end of the year: Was that including the Jupiter mining proceeds or not?

On a better note despite the gold price being well down from its high point there are some speculators in Bitcoin also increasing their gold holdings. The Aussie Dollar price for gold remains high due to the currency weakness against the greenback. Whether that will help the IPO of NBGC or not we must wait and see.

No bad news but enough uncertainty to make investors wary, I think.

[noirua] 12/10/2021 11:30

The GCAT fall in price looks like profit taking. Kenya is the big one for RRR.

THE share price of ASX: JMS has risen so a plus point there. On the other hand the LSE: POW share price is slipping. Both need a tonic showing actual drilling assay results.

My view, the Red Rock share price in the range 0.45p - 0.55p looks about right taking all the factors into account. Risk is high but not very high IMHO.

[kemche] 12/10/2021 11:10

He needs "Admin" - and soon.

[noirua] 12/10/2021 11:04

Confidence in exploration in DRC is low due to receiving no information about Musonoi that was going to be very good - all quiet. So the Lubumbashi exploration looks doubtful due to AB being rather wishy-washy about it. Overall view is - tending negative. AB sounded tired and out of sorts.

[kemche] 12/10/2021 10:45

"Mr Bell seems very upbeat."

Shocking revelation!

Will he be buying or selling shares?

[mininglamp] 12/10/2021 10:07

Podcast just released concerning Congo, Mr Bell seems very upbeat.

Is the recent weakness in GCAT share price related to acquisition news one
wonders?

[grimreaper2019] 12/10/2021 09:15

Caracal Gold PLC have confirmed via media they are closing in on their first deal
which they suggest is at a location nearby, has a gold resource, the deal will significantly
increase their exploration licence area.

At the same time it was interesting that Mr Weasel Bell would not be drawn into a debate
on Twitter concerning Caracal/Red Rock, unusual for a fellow that is ultra Twitter active.

[mininglamp] 11/10/2021 11:18

The share price got to 1.4p earlier this year with Bell in place, he cannot issue shares without approval
and a great deal of news is expected.

The chart posted a few days ago shows RRR has fallen broadly in line with the sector, if I recall the
drops were on average around 60% based on a collection on 50 related juniors.

My view is Red Rock remains chronically undervalued, yes it would help if a new name was at
the helm but all boats will rise when the sector recovers.

[noirua] 11/10/2021 10:26

To be fair, Andrew Bell' and another directors removal from Jupiter Mines was due to AMCI and the black power movement wanting to oust Brian Gilbertson and Pryank Thaplyal as Chairman and MD. They wanted two of their directors on the board and as they have over 40% support with a few others they had no chance of survival.

Pryank Thaplyal has always spoke well of Andrew Bell and stated that Jupiter would not hold an interest in South Africa if it wasn't for him.

--

On Regency Mines now Corcel. Red Rock was hived off from Regency Mines some time ago. In my view AB was somewhat peeved to have left or be forced out of Regency. My view is that Corcell needed a new direction which it has taken. Will it be successful or not in the end?

--

On AB leaving Power Metal we can only read what was said by Paul Johnson that gives no hint of any rift. POW is really an Investment company in all but name with a few added interests principally run by others. It does not need anyone other than a figure head as Chairman as CEO PJ is so very much hands on.

--

My own view is that AB is being very gradually side-lined. Whether investors really want to remove him as Chairman of Red Rock is very uncertain and may just be the view of investors who have lost out by putting too much money into Red Rock. The shareholder numbers do not add up in my view to vote out Andrew Bell from the company. Basically for good or bad they are stuck with him.

[kemche] 11/10/2021 09:30

"It is too soon to speak of a discovery or of economic potential,"

I'll say.

[grimreaper2019] 11/10/2021 08:47

The market is voting with it's feet here until Andrew Bell is removed, the clock is ticking down towards
the next AGM when he is up for re-election, he has promised this would be the year of a material
revaluation of Red Rock with corporate activity such as IPO's and project JV's - it has simply not
happened.

Bell has been removed from Regency Mines (now Corcel) voted out at Jupiter Mines and now has left
Power Metals (was Paul Johnson furious at the appointment of Borelli at RRR) It is pretty darn obvious
he has been found out.

The major shareholders here will surely vote him out if he does not deliver a very meaningful
re-rate between now and the AGM in Dec/Jan.

Tick tock.

[noirua] 08/10/2021 00:33

Juno Minerals update on Mount Mason

[m1sterx] 07/10/2021 07:50

The fall in RRR share price is sector related, link below shows 48 junior resource stocks all down this year, average fall 55%.

Many believe the sector is due a material bounce.

[noirua] 06/10/2021 11:43

Red Rock Resources
AIM:RRR Stock Report

[noirua] 05/10/2021 16:06

The Jupiter Mines share price has sunk to 21c against RRR's sales of shares at 30.4c average.
However, RRR holds further shares in Jupiter Mines that have accordingly sunk 31%.

The sale will cover running costs, and mining costs in DRC, Australia and Kenya since August 2021.

The war inside Jupiter that caused the exit of two directors including Mr Andrew Bell now moves on as AMCI, and the black power movement attempt to dump the company's Managing Director Pryank Thaplyal.

[noirua] 05/10/2021 13:16

In recent months the Soma Gold Incorporated website has not mentioned gold production at the El Limon mine.

[algernon2] 05/10/2021 12:10

Cheer up Kemche, the best is yet to come. Excelsior!

[kemche] 05/10/2021 09:42

Is the liquidising event close?
Bloody spiv brokers and entities. Grrrr!

[noirua] 04/10/2021 16:12

There have been no results issued by NBGC, RRR or POW as to actual exploration results in Victoria. The area is enormous both near and far from Ballarat and tenements held by very many companies.

[noirua] 04/10/2021 16:09

I'm sure we all are aware that results from drilling in Kenya by RRR are important. Until we have a better idea of the new JORC resource, grade and depth it is best to wait. The party known to have had an interest in the Kenyan gold resource has been sold by a mid-cap mining producer to another AIM listed producer and its present interest position is unknown.

[greekhovel] 04/10/2021 15:53

It has come to my attention that a former employee of Red Rock PLC who now has a great deal of free
time has been dissing the company at every opportunity, my understanding is this persona is
operating multiple alias accounts both here and LSE.

Poor form indeed.

[mininglamp] 04/10/2021 15:40

According to Paul Johnson there has been considerable interest shown for the upcoming Power
Metal IPO's from the investment community, this bodes well for Red Rock who are going to
float the Australian gold licences on AIM, a JV with Power Metals.

Paul Johnson has recently said that this IPO will add considerable value to Power Metals, their
market cap is £25m, Red Rock is £6.5m, as a percentage this value will favour Red Rock significantly more.

[mininglamp] 04/10/2021 15:33

Kenyan based Caracal Gold continue to hit new highs today, now valued at £23m - the company has
been heavily promoted on social media, their licence area is a modest 50k sq km verses Red Rock 245k sq km who are right next door.

It is clear if Caracal want to expand as they suggest Red Rock, in some capacity, will have to be
involved.





Michelle- crypto*

#gcat The Kilimapesa Gold Mining & Processing Operations have existing JORC complaint
resourcesof 671,400ozs & our Independent Geological Report identifies the potential to increase
resources to 2-3Mozs of gold.Visible gold is seen in many samples @CaracalGoldplc
mcap £23mil