Red Rock Resources Share Discussion Threads

[algernon2] 09/11/2022 14:57

Andrew Bell and the arbitration award coming shortly (imminently)surely.

"...And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?"

[kemche] 09/11/2022 10:42

TW has consistently been correct on his call on RRR.
Consistently.

[noirua] 09/11/2022 10:29

If AB manages to bring home the bacon in DRC, trumpet his Elephant and get gold holdings off the ground. Then that will be a feather in the bonnet of TW tips-wise and sanctify AB as well.

[captain_kurt] 09/11/2022 09:09

Further buying this morning. News on three fronts must be close

[noirua] 09/11/2022 08:54

TW is not a charity so no doubt appropriate fees are charged. Some may wonder why such an approach was made or indeed needed to be. News is forthcoming on at least two fronts and one ponders the cash position weighed against known or suspected delays.

[captain_kurt] 08/11/2022 19:51

Looks like AB contacted TW today to promote RRR.

"Bell says the key to escape from these peers in share price terms, Indeed...."

[noirua] 08/11/2022 17:49

The gold price is over $1,700 today which is encouraging for Red Rocks' interests. Even though Kenya is quite low grades and assets in Victoria have no gold yet. Still, it's not too bad there is Burkina Faso and Côte d'Ivoire that are mildly promising. If gold should go to $2,500 almost everyone will be chuffed.

[kemche] 08/11/2022 12:43

It's either DRC or HNW.

[noirua] 08/11/2022 12:27

Timely buying it would seem this morning. Like virtually all explorers Red Rock is a gamble. What matters is the odds against the downside risk. The odds given at 0.375p are 4 - 1 to 7 - 1 against a downside risk of around 20%. At 0.6p the odds are 5 - 2 to 9 - 2 with a downside risk of 50%. My own workings. Red Rock's fortunes are under arations.
This is a reiteration of Atinos Auntie Etties' thoughts on a previous post.

[mrmark1] 07/11/2022 15:03

Think I agree Kemche. Buy level at 0.4/0.5 GL

[mrmark1] 07/11/2022 13:22

You think this is the week for BF assays, Elephant Oil listing and $7.5m Arbitration payment to RRR?

[noirua] 07/11/2022 10:31

I have edged my holding up a little buying just 200k shares to 9.8 million.

[kemche] 06/11/2022 12:25

Of course.

[noirua] 06/11/2022 00:45

Elon Musk's Tesla presently purchases Lithium Oxide from Ganfeng a Chinese Company operating in Mexico and has signed contracts with Core and Lionstown Resources fairly recently in Australia. Lithium is relatively easy to mine but quite difficult to process. They are set to build their own processing plant in Mexico.

De-Grey Mining in Australia was similar to Red Rock in that its share price was once between $3 and $5 up to 2014. After making many mistakes its share price crashed to 5c in 2020 but after fantastic gold and lithium finds has now risen back to over $1. So for POW and RRR there is always hope though in most cases it just remains hopeful or bust.


I can see the funny side of POW or RRR being taken over by Elon musk. Sometimes a major will partner with an explorer through a smaller subsidiary if they find massive widths say 50 metres to 150 metres. So if RRR can find gold at 5.9 grammes per tonne over 100 metres width at very many holes a major partner may well turn up.

[algernon2] 05/11/2022 23:20

I understand he is Looking at Power Metal Resources first; Kavango second; and RRR third Kemche. Fingers crossed.

[kemche] 05/11/2022 20:55

Could Musk take over RRR?

[algernon2] 05/11/2022 12:00

I see Elon Musk is now talking about Tesla getting directly involved in the Mining Business:



Thanks to helpful on LSE for this link

[kemche] 05/11/2022 10:20

It's all about Zimbabwe now as I have been saying. And remember that we paid north of £3.65 for the "asset". Could easily be worth over £400m.

But it'a also all about Elephant too.

And then Burkina Faso.

[noirua] 05/11/2022 10:09

ZIMBABWE

Ø African Lithium Resources Pvt Ltd ALR has been established as a 75% owned subsidiary in Zimbabwe with a local partner. The property at Tin Hill is a 51-ha claim named Houghton C on Plot No 5 Rippling Waters Farm, 2.2 km SSE of Marah Hill Trig beacon 132/5, in the Bikita District of Masvingo Province in SE Zimbabwe, and is acquired from Thebe Resources Pvt Ltd, a Zimbabwean company.

6 May 2022: A group of high net-worth investors has acquired from the Company a 10% early-stage interest in the Project for a consideration of US $100,000. Recent additions to the ground position include an application for 46 ha near Arcturus and the agreed acquisition of a net 25 ha of claims East of Bikita.

The nearby Bikita Mine is the largest lithium mine in Zimbabwe and has been in production for over 60 years, and is one of the world's largest petalite deposits.

Additional Currency and Commodity price charts are available at epic POW:
Petalite -
Nehanda Radio:
---

The recent jump in the price of FRG shares does show the scope for Lithium explorers. As to Zimbabwe, it needs a grounded person to comment on that domain - China has been investing there since the end of World War II. Worth not much at present though anything Lithium attracts attention so one to be explored.

[noirua] 05/11/2022 10:03

Having investigated Atinos Auntie Ettie I'm very surprised as to who she is. I won't spoil the fun by revealing all.

[noirua] 04/11/2022 12:46

Edged holding up to 9.6 million as a few dividends arrived.
The market needs to buy the 8 million shares ( 0.62% ) sold for 0.353p either late Thursday or Wednesday.

[noirua] 04/11/2022 08:57

Looks as if I should have jumped in at 0.37p - will stay at 9.5m shares now. The market cap. looks like the savior here if there are further delays in DRC and on the EOC IPO. My upside guess remains at 2p - 3p a share as hardly anything has changed save delay.

11 October 2022 - SimplyWallStreet -

[noirua] 03/11/2022 18:23

An 8 million late trade at 0.3533p (£28,264) is a little concerning - could have been yesterday reported a day late. I'd been considering adding more but will hold off now.

[kemche] 03/11/2022 11:51

And anyone who has any experience of that part of the world will know that things are done expeditiously and transparently. Even "imminently".