Red Rock Resources Share Discussion Threads

[scotchoverice] 22/1/2014 09:34

Who are IPCM?What is the relationship between Peter Glyn Morris Davies aka Omarinvestor and AB? (For example, are they both Freemasons?)Exactly where have over £12m in Administrative Expenses gone in the last 4 years?How much have the Board of Directors earned individually and collectively in fees and emoluments since 2010 from RRR and it's related party companies..Cue, RSL, RGM, Jupiter, Nama Greenland, DNI..etc...and how much value has been created and destroyed for shareholders?How many shares have been through the hands of Yorkville and how much have they made shorting the stock (2010-today)?Get out as much as you can, as quickly as you can, whilst you can...and don't look back....unless it is to research all the dodgy comes placed on RNSsThink. Why would anyone announce a deal with a partner who can't be named and that never quitehappens? The sole purpose it to create a sense of optimism that can't be empirically validated. Believe these fairy stories at your peril. When companies go public on deals, it is because there is something to go public about....

[scotchoverice] 22/1/2014 09:24

Watch ThinkLearnRunYou have been playedGo see the 4 yr price chart from 2010News flow from Sep to Dec and the price spikeWhere have the millions MILLIONS of pounds raised and exited via Administrative Expenses really gone.Call whoever you need to...demand a full forensic audit..demand an investigationYou have been warned

[goldenshare888] 22/1/2014 08:30

this share has a certain whiff about it!


one to avoid in my view at all costs.......

[scotchoverice] 21/1/2014 22:38

Yorkville were originally presented as an Announce investor underpinning value. It turns out they don't hold shares and runs shorts. When your biggest "investor" is actually betting against the company and directors hold little or no equity...private investors should get out and stay out.

[scotchoverice] 21/1/2014 22:06

Yorkville were originally presented as an Announce investor underpinning value. It turns out they don't hold shares and runs shorts. When your biggest "investor" is actually betting against the company and directors hold little or no equity...private investors should get out and stay out.

[scotchoverice] 21/1/2014 22:03

There will be no sale in Greenland.
RRR has form.
a deal...unnamed party..can't stay too much all hush hush...never quite seems to happen
Who are IPCM?
Meanwhile...go back over the last 4 years...read the RNS..how much money has been raised? Where has it all gone? Go to the annual reports add up the "administrative expenses"
Go figure.
Is RRR buying mining assets, producing income..no? Where is shareholders money going?
How much is AB pulling out of RRR and related party companies?
High risk, high reward?
High risk for shareholders, high reward for AB.
Caveat Emptor.

[richie1218] 21/1/2014 21:55

I read the news letter at work this evening and one word stood out for me at the time and that word was "Consolidation" what meaning or context this word was used in, I was a bit unsure of but it could mean "of shares" I thought at the time, maybe it was "of position" or some other meaning.
well I've said it before and I'll say it again there's nothing wrong with RRR's business model if you take advantage of the gains and return value to the shareholders, JMS could have been so much better all around if gains were released, I just hope AB has learnt a lesson going forward.

[seagullsslimjim] 21/1/2014 20:54

soul - maybe the crusher from then is going to be dusted down and brought out of storage!!

Q. Is there a backup plan if the Greenland sale doesn't go through?

A. It is extremely slow and we don't understand some of the reasons. What if it does not happen? As long as other bits of the business are progressing Greenland will naturally become less significant so that failure to sell will not be seen as a setback. That is the goal we are now working towards.

Love the myopic answer that Greenland won't be a setback if not sold. You what ! It would be a massive knock on a non income company that is dying month by month on its knees - If Bell buys another great opportunity in a far flung place then 2 billion shares are here ! no prospect of any income for this year and yet whats the monthly cash burn

The share price will remain at these deflated levels for the whole year as every man and dog knows that a further fund raising is around the corner.

When its announced in the next 3 months that GL still hasn't completed and the planning stage for drilling this season passes, then coupled with summer malaise will see this revist the mid 30's.

From the ongooing requirement of needing working capital then raising funds at those levels through the summer will see that 2 billion level met sooner rather than later.

Value destruction for shareholders has been well and truly met. Bell is not even fit and proper to run a bath let alone a Company !

[kezman01] 21/1/2014 20:15

BBR

What price do you think the next equity issue will be ?

[fangorn2] 21/1/2014 20:13

"Fang horn. Look at how long I have been on LSE"

Don't subscribe to LSE - even more nutjobs over there than here. Oh you've changed ID several times, why does that not surprise me.

"I have been though this plenty of times."

Have you? I don't watch the board daily - better things to do you see Andrew.

[reks] 21/1/2014 20:08

Billion share shocker. Cannot believe ppl still defending this share. Give it a year and it will be the end

[rrrrrrrrr2] 21/1/2014 20:06

Fang horn. Look at how long I have been on LSE and then know I have changed Id a few times too. I have been though this plenty of times.

[bam bam rubble] 21/1/2014 20:00

Q. Is there a backup plan if the Greenland sale doesn't go through?

A. It is extremely slow and we don't understand some of the reasons. What if it does not happen? As long as other bits of the business are progressing Greenland will naturally become less significant so that failure to sell will not be seen as a setback. That is the goal we are now working towards.


Translation: We won't dump it until we've other news to sweeten it with, i.e. a new acquisition
(as El Limon and Mid-Migori are slim pickings in terms of newsflow)

[fangorn2] 21/1/2014 19:55

So rrrRRRrrr2,

A quick question if I may. You say

"I have already made money in RRR when I sold at 10p on the way up to 16p. I went through all this before from the idiots who missed it.I then had the idiots telling me not to sell."

Which means you were invested in RRR either in 2010 or early 2011 to have been able to have sold at 10p/sh and to have had BB idiots telling you not to sell at the time....etc etc.


Yet your profile is only one dated Sept 2013, long AFTER the spike.

Are you really telling me you had BB idiots telling you not to sell yet it took you some TWO YEARS to find the ADVFN boards after your purchase and subsequent sale @10p?

[kezman01] 21/1/2014 19:53

We all made money in RRR. Those that didn't are mugs pure and simple.
I personally don't care if you hold, add or sell. Your decision.
What I object to is people like you trying to defend the indefensible.
If I didn't hold here through RGM I'd just laugh at you, but I do hold RGM and because I don't look through rose tinted glasses I can see the complete farking mess that is Red Rock. You are balls deep and choose not to see. Bravo.

[soulsauce] 21/1/2014 19:43

That newsletter is the biggest pile of poop I have ever had the misfortune to read. Natasha interviewing Bell, lol. I would like him to name these companies that have gone extinct through not diluting.

Big dilution to come - jeeze!!

[rrrrrrrrr2] 21/1/2014 19:42

Kerman. I have already made money in RRR when I sold at 10p on the way up to 16p. I went through all this before from the idiots who missed it. I then had the idiots telling me not to sell. I now have the idiots who told me not to sell and lost thousands, not telling me to sell and I will lose it all. Well it's impossible to lose it all. It's makes me laugh.

[kezman01] 21/1/2014 19:31

It's your money invested and you are entitled to support your investment.
Eventually you will start to use logic instead of blind faith.
As they say in Vegas, when you're sat round the poker table and you don't know who the sucker is.....it's you.

[soulsauce] 21/1/2014 19:25

Oh dear rrrRRRrrr give it up man.

[rrrrrrrrr2] 21/1/2014 19:22

It an explanation. It will do for me, and as it is my money, that's all that matters.

[kezman01] 21/1/2014 19:21

Whats nice about it?
Read between the lines and there is yet more dilution coming.....how's that nice ?
Keep grasping those straws.

[dimmerginger] 21/1/2014 19:19

rrrRRRrrr - tells you nothing new that we didnt already know. no news mate.