Red Rock Resources Share Discussion Threads

[kemche] 15/2/2022 19:27

These are exceptional grades. Nearly as exceptional as the gold grades in Kenya.
Expect a whoosh tomorrow.

[noirua] 15/2/2022 13:34

It is difficult to have a view on the drilling in the Congo due to depths drilled at 100 metres only and 9 holes at far less than that and short of the target. Shows some promise but depths at 400 metres or so would reveal much more of the story.

[mininglamp] 15/2/2022 13:17

Very positive update from the Congo, looks like they could have a major deposit on their hands.

Exceeded their expectations and encountered significant thicknesses with exceptional grades, Copper/Cobalt !


'What has been achieved has therefore greatly exceeded our expectations and can be considered a success, identifying but barely penetrating a potentially large Copper-bearing structure, as well as encountering significant thicknesses and some exceptional grades of Cobalt which with closer-spaced RAB drilling can be better defined'

[kemche] 15/2/2022 12:27

All stock gone now and none available anywhere. Etc

[broken_arrow1] 15/2/2022 12:04

They are still asking a largish premium for anything over 1m shares, about £6k in value.

[mininglamp] 15/2/2022 07:12

New corporate activity in the Congo can only be positive for Red Rock





Red Rock refers to majors active in the area close to RRR licences.

[mininglamp] 14/2/2022 15:01

When you look at the projects, the investments, the royalties, the upcoming IPO's and the possible multi million $ legal claim against various parties (including Glencore) you have to wonder why the market valuation is a mere £6.5m.

One thing I have noticed AIM company revaluations happen exceptionally quickly, I really believe Red Rock are on the cusp of a major revaluation and have been adding.

Let's face it the sector has been in the doldrums since Q1 last year, there are signs that things are turning.

Buy low sell high.

[broken_arrow1] 14/2/2022 14:26

Strong underlying strength here, the book has moved up in the last hour, they want .635p for just 1m shares, a premium.

Looks poised for a decent move, could this be the next PREM ?

[noirua] 14/2/2022 13:19

Oil and gold are the principal good news assets with the Ukraine matter unsettled. If it is settled that could change for gold though share prices in the gold sector remain at very low levels.
What happens to the copper price if Russia moves into Ukraine?

Russia is said to have 130,000 troops lined up at the Ukraine border though Ukraine has 215,000 militaries.

[gozo] 14/2/2022 00:05

Cheers Noirua you too

[m1sterx] 13/2/2022 19:04

Have been building a decent position in Red Rock over the last few weeks, with so much news expected it is nailed on one will see a uplift in the share price.

There have been many clues in recent interviews that positive news will be coming in droves.

[kemche] 12/2/2022 13:37

"Was AB deliberately trying to entice people to buy Red Rock shares"

When has he EVER done that?????

Sheesh...

[noirua] 12/2/2022 12:25

The Q&A on Feb 10 was a bit of a puzzle to me. Was AB deliberately trying to entice people to buy Red Rock shares because he knew one drilling result and wanted us either to think he already knew the further good news or put us in a train of thought that so much good news is to come most probably perhaps?

Gold shares rose in the 'after-hours market' in the USA by up to 12% by the close at 1 am GMT.

[noirua] 12/2/2022 12:13

Hi gozo, crumbs that's going back to 2000 - 2010 Aurion Energy later Felix Resources. 2003 equivalent allowing for the consolidation was 35c hitting $23 in 2008 and then taken over in 2009 for $18.05 plus big dividends and shares in SAC. I doubt we'll see that again. Good luck!

[gozo] 12/2/2022 01:50

Hi Noirua,Long time no see....I remember your ADVFN user name from the days of Aurion.

[noirua] 12/2/2022 00:08

Thanks gozo, added to header.

The gold price moved up Friday after President Biden prepared for a war situation. This at least shows gold has some potential to lift.
Probably Biden is playing a you are bluffing game with Putin whilst Putin builds up his troops on Ukraine's border insisting it is just an exercise.
On the other hand, Putin continues to build up his troop numbers to such an extent he hopes to just walk into Kyiv with rival troops seeing it as pointless to resist or maybe a move on Kharkiv and Luhansk to tie in with Russian-controlled Doribas.
Biden suspects that Putin might want Poland with troops on Ukraine's border just a double bluff.

[gozo] 11/2/2022 21:12

Just watched a vox markets interview with AB - still dont trust Bell as far as I could throw him.I got badly burned with RGM.

[noirua] 09/2/2022 16:51

I still see the value of the RRR shares at 0.85p on a gamble basis. POW is a difficult one as their two drilling up and coming results see a price of 0.5p to 5p - too wide to make any sense - that's due to the much higher market cap. than Red Rock and the upside potential versus downside collapse.

[noirua] 09/2/2022 11:34

Major Shareholders:
*According to a TR-1 notification as at 10 June 2021, Charles Richard Topham, via HSBC Global Custody Nominee (UK) Ltd, held 204,147,627 ordinary shares in the Company, representing 16.78% of the Company’s then issued share capital. Based on the Company’s current issued share capital (as at 1 February 2022) the 204,147,627 ordinary shares represent 16.69% of the Company’s current issued share capital.

[noirua] 09/2/2022 11:30

February 4, 2022
Red Rock Resources says drilling results from targets in Africa and Australia are imminent

[noirua] 09/2/2022 11:15

Red Rock Resources Expecting Drill Results from 6 Targets in 3 Countries #RRR
9 February 2022


Congo, Kenya, and sporadic Australian results are due in this quarter or very soon.

It's an OK interview even though the interviewer is somewhat wooden. AB, never wooden, though that cough is not good. Hopefully, he was trying not to cough up good drilling results from that single hole he knows about.

[kemche] 09/2/2022 10:17

Noirua - thanks for that. It has been a long time since you provided the daily manganese price service. Should help.

[noirua] 09/2/2022 10:01

Jupiter Mines - manganese price.

[algernon2] 08/2/2022 12:26

Don't forget afterburners on Jet Engines and how they can re-heat the fuel/fumes to gain massive power Kemche. Armed with knowledge from "Tomorrow's world", I think your analogy is superb. Whoosh indeed from now on!

[kemche] 07/2/2022 11:22

Yes - but they will shortly IPO the fumes.