Red Rock Resources Share Discussion Threads

[noirua] 17/6/2022 08:06

kemche, your followers are in quiet acknowledgment and are in complete agreement and dutiful wonderment of thou.

[kemche] 16/6/2022 15:49

Classic MM treeshake to get cheap stock prior to the inevitable Bell success that he is so renowned for.

[noirua] 16/6/2022 14:20

One thing that puzzles me is how Gécamines could possibly buy into Musonoi Area One from Congolese Vumilia Pendeza SA without knowing Red Rock had a 51% interest. Area 1 adjoins Gécamines' Area 6.


Excluding references, via Red Rock, it is very difficult to obtain information about Vumilia Pendeza SA or Bring Minerals SAU.
This is something:

[m1sterx] 15/6/2022 14:24

Bell will look very foolish if he fails to come back with any money, from that interview he seems to think that will not happen, after all he says he has gone to the Congo to specifically to get cash.

The market has not factored in the potential for this minnow to receive in excess of $10m in cash within days, there is very little time to wait, the way AIM works the 'special ones' will know in advance of a official announcement so look for increasing volumes towards the weekend.

If Bell gets that money the share price will not sit at .40p for long.

[kemche] 15/6/2022 11:11

Where is therein wherein in species akin?

64th Februember 1326.

[kemche] 15/6/2022 11:09

And yet no one believes a word of it! How frustrating.

Bring back Ritalin man with his deep research.

[mininglamp] 15/6/2022 10:58

Mr Bell is confident he will get the cash from Congo, he is staying on a few more days, he states $2.5m + $2m + $7.5m of which a portion of that $7.5m will be exchanged for a new high profile licence.

In effect he could be, within days, bringing the equivalent of RRR m/cap back in cash.

New interview today.

[kemche] 15/6/2022 08:18

Could the money be struck in Cyprus again?
Bloody Cyprus! Grrr!

[noirua] 15/6/2022 07:59

The DRC Musonoi outcome may not be quite straightforward allowing for my knowledge of DRC, and Lubumbashi law to be zero. The court has awarded about $2.5m and $2 million in costs/compensation against their former partner at Musonoi VUP. Therefore Gecamines may say it is for Red Rock to seek this money from VUP and not from them.

The remaining $12.5 million-plus compensation is a different matter but the timetable for payment has not been disclosed. It is possible for Red Rock to do a deal on cash and tenements to close any further legal procedures concerning Gecamines - a probable outcome. Red Rock had previously completed a deal so are experienced in DRC procedures.
Red Rock could be awarded part of or an interest in Area 6 at Musonoi.

[noirua] 14/6/2022 10:55

The manganese price rose sharply this week:
Red Rock no longer has a considerable holding in Jupiter Mines. Mainly for those of us
who still hold shares.

The continued pressure on the £sterling increases the value of any receipts in US$s by Red Rock on the matter of receipts for Musonoi, DRC.
The GBP is tanking fast now and interest rates need to move to 2% minimum on Thursday next.

[noirua] 13/6/2022 17:18

The results from early drilling at Mount Bute in Victoria were not good. However, Red Rock is all about cash for Musonoi area 1, DRC, and the IPO of Elephant Oil Corporation on the Nasdaq. Quite fortunate really compared to other exploration miners so though I see Power Metal falling further Red Rock should prove to be oversold. Red Rock's market capitalisation is far lower than Power Metal's.

So mildly upbeat on Red Rock.

[noirua] 12/6/2022 12:10

Robert Kiyosaki warns about the biggest stock market bust in the history of the world. Is the 80% crash finally here?

Robert T. Kiyosaki is an American businessman, investor, and best-selling author. One of his most popular books is “Rich Dad Poor Dad” and it’s a great educational tool on the way to financial freedom. Kiyosaki has been known for revealing the truth about money and finances that isn’t taught in any school.
31 May 2022

[noirua] 12/6/2022 12:01

Juno Minerals ASX: JNO

[noirua] 10/6/2022 19:18

At the present time, Red Rock and Power Metal have as much chance of a very successful flotation of NBGC as they have of frying an egg on an iceberg. - The market can reverse quickly but timing it is near impossible accept as a punt more by accident. Some think disaster must befall economies and probably will - your call. What will gold do? In 1973/75 gold shares doubled or more in price. In 1987/88 they crashed. So it's a gamble.

However, Elephant Oil Corporation should eventually IPO even if it is in slow motion. Should give Red Rock a good share to hold and maybe very much more than was expected a few years ago. What Chairman Matt Lofgran is doing beats me but maybe one day EOC will appear on his Twitter page - in love with NTOG I suppose.

Well AB is firing on all cylinders over there in DRC and no doubt being fluent in French is a must at a meeting inclusive of Gecamines where legal matters require a fair bit of knowledge. Would be awkward to have to hire an interpreter and legal representative.
Anyway, I hope he has good fortune through his efforts over there in getting good assets and a reasonable amount of Spondulix.

Getting any cash from Kenya, and El Limon will be long drawn out.

If Mount Ida ever comes to anything it will be worth a great deal if the iron ore price holds on up for several more years. Mount Mason will run on providing cash for the development of Mount Ida probably up to 2026. So anyone still around, iron ore price permitting, should/could/might see bountiful rewards.
Helping will be the battles in the war in Ukraine. All these tanks etc., and missiles will need to be replaced and war planes. Most countries especially Germany and the United States will have to massively bolster up armaments.

There are other interests that might hit lucky, who knows?

Good luck - how I see it at the moment.

[noirua] 10/6/2022 11:00

Stock market crash

2.1 Tulip Mania
2.2 Panic of 1907
2.3 Wall Street Crash of 1929
2.4 October 19, 1987
2.5 Crash of 2008–2009
2.6 2010 flash crash
2.7 2015–16 Chinese stock market turbulence
2.8 2020 coronavirus stock market crash

This is a list of stock market crashes and bear markets. The difference between the two relies on speed (how fast declines occur) and length (how long they last). Stock market crashes are quick and brief, while bear markets are slow and prolonged. Those two don't always happen within the same decline.


1973–1974 stock market crash

[noirua] 09/6/2022 11:45

Red Rock does need a confidence booster 'fiducia cursus'. If AB said, he hasn't, that $1 million would be returned to shareholders as a cash return, confidence in Red Rock and the man himself would rise significantly - is there a hope in hell of this happening?

[noirua] 08/6/2022 22:01

Obtaining cash and more tenements is upbeat for Red Rock. Much of the money will remain in DRC for exploration costs. Some cash will return to the UK though at this stage it will just take away further thoughts of cash raising. It doesn't look as if RRR shareholders will see a dividend just yet.
Hopefully, matters will go well this time and not be disasters as occurred with Greenland, Steelmin, and Amulet.

[mininglamp] 08/6/2022 08:12

Mr Bell was interviewed yesterday, he has gone to Congo with the aim of collecting the cash Red Rock is rightfully owed, a sum IRO of $10m, the result of his journey will be forthcoming next week he suggests.

The seems pretty sure he will get a decent slug of the money.

[mininglamp] 08/6/2022 08:07

The news today from ECR (Multiple High Grade Gold Intercepts) is good for RRR and POW, their licences are right next door in Victoria, as a result it should add further value to the upcoming IPO of New Ballarat Gold where RRR own 51%.

[noirua] 07/6/2022 17:18

Soma Gold - El Limon
VANCOUVER, BC, June 7, 2022

[noirua] 07/6/2022 08:35

A state of panic swept through the lithium market last week, following bearish reports from the likes of Goldman Sachs and Credit Suisse.
www.australianresourcesandinvestment.com.au/2022/06/03/cool-your-jets-the-lithium-market-will-be-okay/

[noirua] 07/6/2022 08:07

Juno Minerals Limited - INVESTOR PRESENTATION 7 June 2022:
Central Yilgarn Iron Ore Project