Red Rock Resources Share Discussion Threads

[noirua] 20/10/2019 09:00

Para Resources Analysis:


PARA RESOURCES INCORPORATED TSXV:PBR - GOLD - RRR holds 2,500,000 shares and 2,500,000 3 year warrants exercisable at C$0.30 per para share.

[kemche] 19/10/2019 10:31

Musonoi will ,in all like likelihood, be as successful as all of the other projects. Very.

[noirua] 18/10/2019 17:32

March 7 2019 - Musonoi


News is due very soon based on the original drilling. 83 holes were drilled cores are being tested and resources are expected from these results.

[new_scally] 18/10/2019 05:47

Price is falling so expect a goldfund buy signal at any time

[kemche] 17/10/2019 19:09

If you are buying Red Rock shares at the moment you are a braver person than I Gunga Din!

[noirua] 17/10/2019 16:58

If you are selling Red Rock shares that is your call my friend.

[noirua] 17/10/2019 16:48

Atinos auntie Ettie - 16 Oct 2019 - 12:56:11 - 8771 of 8780 RED ROCK RESOURCES PLC - Information Thread - RRR
Now is presumably the time to buy, when many are unnaturally fearful, and in advance of news flow which is surely just around the corner.

[kemche] 17/10/2019 14:02

HUGE!
MASSIVE!

[noirua] 17/10/2019 13:55

Repeating once again; we are awaiting news on the mining license at Mid Migori being rubber stamped by the Mining Minister of Kenya, and a JORC Resource at Musonoi, DRC.

There are no more important matters other than these - news on both are imminent.

How you buy or sell shares in RRR is your call - very good fortune to all shareholders.

[noirua] 17/10/2019 13:09

BOD Botswana Diamond's deal on diamonds bodes well for a revival in Amulet.

[noirua] 16/10/2019 15:01

* As at 30 April 2019, Charles Richard Topham’s holding in Red Rock Resources Plc is 108,753,210 ordinary shares, representing 16.09% of the Company’s issued share capital. The shares are held via HSBC Global Custody Nominee (UK) Ltd.

As shown one shareholder has reduced their holding and another has increased theirs.

[torp] 16/10/2019 13:57

Jupiter divi's don't even cover the preposterous expenditure by this greedy BOD
on Admin and other expenses which last year ran at approx £850,000.

The facts don't lie so I never pay heed to the Billy BS spouted by ramper Noirua here. Essential to do one's own research.

I recommend readers look at the last Half Year report to end Dec.


At that time the company only had a mere £27k in the bank

At the same time the Total Current Liabilities were £2.7m

Quite a disparity.


Since Dec they raised approx £323k from a placing
Received approx £250k from a Jupiter divi

And then started selling down the "family silver" Jupiter shares
selling 1.5m of them to raise I guess just over £300k

Not a great sign TBH

Noirua is aware of all this but continues to peddle his Billy BS "jam tomorrow"
nonsense.


All value is sapped away by the BOD's crazy expenditure on admin and other expenses
and of course their salaries.

Large 13% investor Daniel Sklan came and went and dumped his shares last year

Another large 13% investor Peter Gyllenhammar also started dumping his holding
last Christmas and has been steadily dumping since. Last reported at 4.77%.


With naff all income and those preposterous expenditures I can only personally
see lots of dilution or continued pawning off of the "family silver" Jupiter
shares. share price will only head south as a result imho.

It is for me nothing but an AIM lifestyle venture for the personal enrichment
of the BOD.

DYOR always.

[noirua] 16/10/2019 13:10

Laptop15, The cash situation has to be quite low though a dividend is due from Jupiter Mines some time in November - not announced as yet by the company. Should be about 3.5c a share, that is a guesstimate. I doubt 0.45p a share buy will be on the table much longer... probably about GBP200K in the bank account right now.

[atinos auntie ettie] 16/10/2019 12:56

Now is presumably the time to buy, when many are unnaturally fearful, and in advance of news flow which is surely just around the corner.

[seagullsslimjim] 16/10/2019 12:11

not too good i guess and price falling to almost a record low today !

[laptop15] 16/10/2019 12:01

What's the cash situation noirua at present?

[noirua] 16/10/2019 11:14

❖ El Limon, Colombia - Ongoing royalty payments $3m still to be paid

[noirua] 16/10/2019 10:59

Quite a lot of trading this morning as last of the weak holders sell. It has been a tough hold but news from Kenya on Migori is due as well as a JORC resource on Musonoi, DRC.
AB remains surprisingly calm whilst all around reach for the tablets and rennie. Dont worry guys, well don't over do it anyway.

[kemche] 16/10/2019 08:56

Pump pump pump!!!!!!

[noirua] 16/10/2019 08:47

6 March 2019 ( Note 7 Months ago )
Cobalt/Copper Joint Venture - Congo


Table 2: Old drilling (83 holes, 83 Drillholes completed, 13,054.3m, 9 X-sections, 100m x 50m drill grid, oxide mineralisation targeted).


Image 3: 3D model showing in situ ore in purple (FSSR + FNSR + North Ridge) lying outside mine outline (shown in brown)

==
ASX mining reporting - frequently asked questions
JORC Resource 2013 code, superseding JORC 2004.

[noirua] 14/10/2019 18:58

All the current information concerning assets are contained in the header.
The principal interests are Musonoi, DRC; Mid Migori, Kenya; Jupiter Mines share interest; and El Limon gold royalties.
Main liability is approximately £1.1 million in CLNs due for conversion at 0.8p in December.