Red Rock Resources Share Discussion Threads

[noirua] 26/5/2021 11:05

Gold is now back over $1,900 that augers well for Red Rock in Australia, Kenya and the gold royalties in Colombia.
Copper remain close to its peak that invigorates the potential in DRC.
Iron ore prices are very high that points to the higher potential of royalties from Mount Ida further down the line.

For the first time in 11 years all the commodities that RRR are interested in have raced ahead.

[kemche] 26/5/2021 00:42

That is huuuge news.
Just get the bloody fundraising done for gawd's sake.

[noirua] 25/5/2021 22:33

Stockbox Interview 25 May 2021:

[noirua] 25/5/2021 09:53

Luanshimba, DRC: Termite mound sampling was carried out in 2018 and Red Rock identified in the southern part of the licence, a 2km long anomaly up to 500m wide striking ENE, with anomalous metal assays with peak values of 519ppm Cu and 425ppm Co, corroborating earlier XRF values and partly coincident with above average contents of pathfinder elements Bi and V. Given the regionally low background, these results are considered indicative of likely Cu-Co mineralisation at depth.

-- 70.72 line-kilometres of magnetic data was collected at Luanshimba in December 2020 by a ground survey conducted on north-south lines with a 100m line spacing'

-- Rubaco SARL have been engaged to carry out a 2,000m Reverse Circulation drill programme comprising 20 holes, with an option to extend to 3,000m.

[the_debt_collector] 25/5/2021 08:11

Someone bought 1.5m shares yesterday, declared late, as I have said the shrewd are buying in ahead of a period of significant and meaningful news-flow.

The upcoming IPO of the Aussie gold licences could well deliver a value to RRR exceeding the current market cap alone.

2p-3p+ is entirely possible.

[observer007] 25/5/2021 08:02

It is interesting to note that Red Rock seems to have around 20% of their shares held by just 3 individual investors, the main one being Charles Richard Topham who holds circa 15% of the equity.

One assumes these individuals are no fools and are here to make money.

[kemche] 24/5/2021 18:02

NT to buy. No stock available - all gone.

[broken_arrow1] 24/5/2021 16:16

A premium being asked for just £2000 of stock currently.

[the_debt_collector] 24/5/2021 16:09

The shrewd are buying RRR down here, the sum of the parts add up to AT LEAST 2p a share, once news kicks in then 3p+ is entirely possible.

Any corporate move by POW involving RRR would be a game changer, it is possible.

Ignore the trolls they will be long gone when the share price surges.

[kemche] 24/5/2021 12:15

Ongoing expenditure is principally "admin" and salaries.

[noirua] 24/5/2021 11:57

The possibilty of a merger of Red Rock Resources PLC and Power Metal Resources PLC may also be on the cards once Red Rock has concluded the IPO of RRAL with Power Metal and the Kenyan assets. Andrew Bell can be expected to continue as Chairman with Paul Johnson becoming CEO of the enlarged group. Red Rock's largest shareholder may be invited to join the board.

[noirua] 24/5/2021 11:53

Red Rock had a fund raising fairly recently to raise £1 million and will receive a dividend from Jupiter this month.
Ongoing expenditure is principally in Kenya and Australia which the cash raising is to cover. Providing the IPO of Red Rock Australasia goes ahead then Power Metal and Red Rock should receive sums covering expenditure. Cash raising for RRAL will be part of the IPO. A deal of some kind is expected to be made concerning the Kenya Migori assets.

[kemche] 24/5/2021 11:01

I find broken_arrow a useful tool.
Whoosh.
Let's just have the fundraising for gawd's sake.

[graylyn1] 24/5/2021 10:21

Onwards and upwards, real value here now.

[broken_arrow1] 24/5/2021 09:32

Market size has dropped significantly in favour of the bulls, could buy 5m at offer early last week, now down to 1m.

I find this a useful tool to gauge sentiment.

[the_debt_collector] 24/5/2021 09:17

Look what happened to one of the largest 'dog' stocks on AIM Wishbone Gold, their BB was toxic, Poulden the CEO was despised yet the shares went from 1p to 18p in short time.

The bashers there VANISHED !!!

[onlyroadtoheaven] 24/5/2021 09:11

Is that you Andrew?? ;)

[christopher logsdon] 24/5/2021 08:49

That sounds good made a 5K purchase this morning

[the_debt_collector] 24/5/2021 08:38

Bashers are either failed investors or market entities (e.g. market makers) trying to keep a cap on the price to protect their book.

They have no interest in others, when a stock rises they vanish and come back when the heat has died down and start the process again.

Unfortunately inexperienced investors fall for their game and often miss large % rises.

Ignore them !

[m1sterx] 24/5/2021 08:32

Tipped

Behind a paywall but u can get the jist.



Red Rock Resources – Elephant Oil and Juno Minerals investee updates, remains a Strong Buy

BY HOTSTOCKROCKETS

Red Rock Resources (RRR) has now this month updated on investee companies Elephant Oil and Juno Minerals – which now look to offer some material further upside potential.

[onlyroadtoheaven] 24/5/2021 08:28

As you well know Bell is involved therefore it will never fly. Way too much history with this one and now everyone knows the score. A lifestyle company that will never benefit investors.
Every time people come on here pumping the share a fundraising usually follows. As I said, everyone knows the score now.

[the_debt_collector] 24/5/2021 08:21

Interest in RRR is building, a number of chartists say it is a buy and a plethora of news is expected, the same entities bashed Corcel around .85p and it moved to 2.3p recently.

2p - 3p is a sensible target for RRR based on their portfolio.