Red Rock Resources Share Discussion Threads

[johndee] 19/12/2013 16:20

A little under 150 MPH would be the real speed. No one could drive at 230 MPH on any road in Europe. Suicidal.

230 divide by 8 and then multiply by 5.

[arf dysg] 19/12/2013 16:11

You drove at 230 .. er .. what? Inches per hour? Furlongs per fortnight?

In the UK we measure speed in MPH, in Germany it's km/h. What do you measure it in?


As for mines, if you're worried about short attacks, that means they're listed on a public stock market.
If you own a quarter of them presumably you have seats on the boards... what would be the point otherwise? Hard to sell a quarter of a mine, quite a large chunk, isn't it? Short attacks ought to be an opportunity to buy more!!! Then the shorters are left with a big problem. Shorters are only a problem for you if you intend to sell any time soon, and it's rather difficult to sell that large a holding. If I had a quarter of a mine I wouldn't sell - I'd just sit back and take the profits, hopefully for decades. Mines have quite a low P/E so you ought to recoup your purchase price many times over - shorters can go and &*&*&* themselves.


P.S. Here's a tip about apostrophes: leave them out. Far more mistakes are made by putting them in than by leaving them out. Leave them all out and you'll be more likely to be right most of the time. Also, you'll save yourself a bit of time.

[petersmith6] 19/12/2013 12:34

I took her to 230 on the autobahn. . I would of loved to of gone faster but trying to fined a clear enough stretch to max it was impossible. The strange thing it's no different to driving my m5 at 90. In fact I would say it was quiter and more relaxed.as for the mines I part own... I would never reveal there names. I was a victim of a short attack 8 years ago so I've learnt to keep something's out of the public domain.

[arf dysg] 19/12/2013 11:21

petersmith6 (3797) ".. i own a quater of 5 mines... "

Interesting: which companies?


About the Veyron, though: what's the fastest you've ever driven it?

[ianpuddifoot] 18/12/2013 21:07

Peter Smith is that nose getting longer

[az209] 18/12/2013 14:01

"it gives me a 87% success rate of picking winning shares. "

Peter, I think this share is in the other 13%.

[itchycrack] 18/12/2013 10:48

PMSL!!!! :-) :-)

[petersmith6] 18/12/2013 10:41

realy my investment pot is 9.7 million pounds at the moment... i own a quater of 5 mines... 1 augusta helicopter ...one veyron...6 lamborginies 7 houses and 2 tonnes of silver bulion...7 companies ....not bad for a dylexic class idiot who started with £10000. so please dont tell me how to invest

[scotchoverice] 17/12/2013 17:02

They don't service the loans...
They replace loans with new loans funded by shareholders

[bubble pricker] 17/12/2013 15:26

petersmith6 14 Dec'13 - 17:59 - 3790 of 3794 0 0

The interest on the bond dose seam high..but they wouldnt be alowed to issue it if the couldnt service it
-------------------------------

Peter, your naivete is breathtaking. I suggest you are better off putting your money in premium bonds, as you clearly have no clue.

[az209] 17/12/2013 10:03

And pave the way for a nice big SEDA, for working capital of course until the sale completes.

[petersmith6] 14/12/2013 17:59

With the current rate or news flow I would expext news on the compleation of the sale. Drilling updates will start to come flowing. The interest on the bond dose seam high..but they wouldnt be alowed to issue it if the couldnt service it

[scotchoverice] 14/12/2013 15:28

Think you will find it is a £22m loss...not clever anything

[petersmith6] 14/12/2013 14:45

Thas just clever accounting. .. make a million. ..but show a loss..

[scotchoverice] 14/12/2013 07:28

Az209...go do the maths....
Since 2008....
1. How much money has been raised from yorkville?
2. How much has gone out the back door in "administrative expenses"?

[arf dysg] 13/12/2013 09:32

ZAR 160m overrun turned into 255m overrun - sounds just like all the banking woes of the last few years. Everywhere they looked, they found yet more money that wasn't there. Black holes all over the place - the sheer quantity of money that should have been there but wasn't - it must have become quite embarrassing for those nice chaps in sharp suits.

AIM is not the only place to see that kind of thing.

[atinos auntie ettie] 13/12/2013 02:25

Is it not positive that we have managed to secure funding on reasonable terms and without recourse to dilution? There truly is no pleasing some people.

[rrrrrrrrr2] 12/12/2013 23:42

Great news from JMS.

[az209] 12/12/2013 23:41

So, with all these fund raising instruments, the basic questions are, where is all the money going, will the company ever make a profit and will private investors ever see any benefits.

One thing is for sure, whatever happens, the directors still take a large chunk annually, Adam Street Productions are probably being paid a tidy sum for what is tantamount to a poor home video.