Red Rock Resources Share Discussion Threads

[noirua] 26/7/2024 17:15

Red Rock, partner to establish test programme at Burkina Faso project - 27TH FEBRUARY 2024 BY: CREAMER MEDIA REPORTER


February 27, 2024
West African Gold Update
Co-operation in Next Phase at Bilbale


Burkina to Withdraw Mining Permits from Countries Refusing to Sell Military Equipment to Nation
18:45 15.07.2024 (Updated: 19:08 15.07.2024)

[kemche] 26/7/2024 13:45

Nice to know that they have been successfully mining there for decades. Bodes well.

I wonder where we stand on the lithium and whether the 5 Chinese buyers are still on standby. The Migori JV should be coming to fruition now too. Otherwise it's all about ELEP now.

[noirua] 26/7/2024 13:31

The failure of Red Rock directors to buy more shares and the fact they have quite tiny holdings points to something?

Hopefully it does not auger something we would prefer not to see as shareholders.

AB has signalled a payment of $7.5 million or more in early 2024 from DRC it is now the second half of 2024.

[noirua] 26/7/2024 13:14

Burkina Faso is under threat from extremist attack in the Sahel, a belt of semi-arid land south
of the Sahara Desert. Less than ten years ago, Burkina Faso seemed like a beacon of stability
in West Africa. In 2015 the country held its first democratic election ever, paving the way to
what seemed like a bright future.

[kemche] 26/7/2024 13:10

Courtesy of Zumore at the other place, funny as F! And no, I have not checked whether it is verbatim.

hxxps://x.com/skwidSin/status/1795569989141099001

[kemche] 26/7/2024 13:06

Why oh why can Ettie not catch a break? Has there ever been such an unfortunate and unlucky person than Ettie on the entire stock market?

Well it's off to Cote d'Ivoire then.

And Migori - is that still a thing?

[noirua] 26/7/2024 13:00

It looks that way kemche. So the only clear option means Red Rock Resources must give up
or sell its interest in Faso Minerals Limited I believe 100%. Having read the UK Government's
Licensing policy on Burkina Faso then Riverstone Resources Limited may take the interest
and that is that.

[kemche] 26/7/2024 12:14

Highley, please stop bringing sense into it. Thanks.

We should hear the bull case from jlondon/news therein in cognisance law 101. moi?

[kemche] 26/7/2024 11:49

Is that verbatim Noirua????

[noirua] 26/7/2024 09:56

Burkina Faso Mining Permits
Burkina to Withdraw Mining Permits from Countries Refusing to Sell Military Equipment to Nation
18:45 15.07.2024 (Updated: 19:08 15.07.2024)


Guidance
Export licensing policy for Burkina Faso


I'm not sure how the above will affect Red Rock Resources should a mining application be made
to Burkina Faso.

[noirua] 26/7/2024 09:33

Burkina Faso
News

[highley1] 26/7/2024 08:44

smcl,

With so many good mining companies around, why would you focus on this one?

Look at the long term chart, and the amount of money raised and share dilution over the years, and then ask yourself how likely it is to succeed?

And if you're still feeling positive, it might be worth questioning what you see as investable here, and why?

They MAY receive the DRC money of course, but history suggests they may not, and even if it did come in, it could soon be spent on another project, as RRR moves from project to project faster than Casanova changed girlfriends.

Ask yourself what happened to the lithium export from Zimbabwe, where is that now?


IMHO gold producers and financed to production developers are the place to be right now. Many are listed in Australia and Canada, rather than on AIM.


Q2 2024 is the first full quarter ever of gold production at this (nominally) all time high gold price, and the Q2 results of producers are anticipated to be very good, and should attract new investors in, driving prices higher.

Why would you want to invest in RRR at such a great time for producers?

[kemche] 25/7/2024 23:17

"Thanks but your replies are pretty hard to fathom."

Agreed. English is a tricky old language.

[smcl] 25/7/2024 19:58

In other words Kemche.

Invest ?

Don’t Invest?

Tick as appropriate.

Thanks but your replies are pretty hard to fathom.

All the best

[kemche] 25/7/2024 18:40

Odin - beware of algernon as he is merely pot stirring and should be taken with a large sack of Maldon's finest crystals.

[kemche] 25/7/2024 18:35

Odin and smcl, this is one of the best companies on the market. The CEO is second to none and for the last 20 years has delivered riches beyond measure . Obviously the company has needed funding during that time for working capital and to pay suppliers to which end approximately 135 fundraises have occurred. Their worldwide assets are the envy of all the supermajors and many have suspected that it is only a matter of time before the likes of Glen/Rio/Anglo/Shlumberger/BP/Aramco will pounce. My £1000 invested back in 2014 is worth a cool 36p now. But I continue to average down on a weekly basis expecting a whoosh imminently. I use the word imminently as Ettie does and not as found in the OED which seems outdated.

For true deep analysis and research your best bet is to pop over to the asylum where "news" provides clear, concise, precised and short summaries on an hourly basis. What he doesn't know about primal faeces, legal merit, the high court, law lords, law 101, moi, therein, in species, cognisance and nuances is not worth knowing.

[backmarker] 25/7/2024 16:47

The main hope here at the moment is whether they will ever get paid a court award for a company that was illegally sold from under them. It's a long shot in my view but would transform the cash position of the company momentarily; until it gets eaten up in administration costs which fund Andrew Bell.If you want a miner for a punt there are many that should give you a better run for your money, e.g. HUM, MTL. Non-miners worth a look are VINO, MPAC, and BME, both with good recent updates. And AFC for a hydrogen technology punt.As always, do your research. Good luck.

[backmarker] 25/7/2024 16:34

The honest answer is that RRR has had its moment or two of glory but they were a long long time ago.Since then it has gotten into all sorts of plays which have come to nothing and led to the company being diluted and diluted more than any other company I know.I would recommend you stay well clear.

[smcl] 25/7/2024 16:22

Is this company worth a punt at this price.
Come on give an honest answer With Reasons please!!

[algernon2] 25/7/2024 16:00

Odin, best and most honest advice would be to say: " Get thee back to Asgard and avoid the sacred lands of RRR where Dragons and fire monsters abide".
For RRR Ragnarok may be looming.
All the best if you do invest. Algernon.

[odin121] 25/7/2024 15:34

Hi I'm new to all this. I been buying RRR for the last couple of months or so after looking into all their projects. Am I doing the right thing? Are they going anywhere? I would appreciate your honest opinion

[kemche] 25/7/2024 09:54

Time to say ta, ta.
Its Sun, 22 May 2022.
Given I am not a legacy holder, I have finished the research for myself and
posted all that I have found here etc.

Now, time to sit back and wait for RNS as norm for any stock.

[kemche] 25/7/2024 09:53

Chairman Bell has been good to have provided the pics but that DREW CRITICISM as well because they were someone else's and everyone found out. Judge us on our exports and digging.

Yours, in cognisance and nuanced therein legal merit counsel Canadian hereunder law 101.