Red Rock Resources Share Discussion Threads

[noirua] 17/2/2023 14:53

Technical Report on the El Bagre Gold Mining Complex and Nechí Project, Department of Antioquia, Colombia Report for NI 43-101

[kemche] 17/2/2023 14:52

That is huuuuge news.

Whoosh!

[noirua] 17/2/2023 14:50

Soma Gold Files NI 43-101 Technical Report on El Bagre and Nechí Projects in Colombia
February 16, 2023

[kemche] 17/2/2023 09:56

The oversubscription at ELEP will ensure a strong aftermarket. As soon as the yanks realise that Matt is the CEO then the whoosh won't be far off.

And if it fails then it was all about Zim and Burkina Faso anyway.

[noirua] 17/2/2023 09:52

In the very short term, today is whether Elephant OIL NASDAQ: ELEP successfully IPOs on the Nasdaq. This would assure RRR of sufficient funds in 180 days' time should they need to sell. The oil market is steady to a shade weaker at the moment so no fireworks are likely.



February 17 2023:

Red Rock's expenditure and overheads together remain quite high and the NBGC IPO is in doubt with the gold price falling back.

[kemche] 17/2/2023 09:15

ELEP IPO soon - then whoosh!

GLA LTHers!

[sclper] 17/2/2023 08:52

Looks like the share price is going to continue to slide until Bell says he is back in DRC

[kemche] 16/2/2023 14:04

1) Zimbabwe should be producing imminently
2)The peaceful country of Burkina Faso should be producing not long thereafter
3)The money stuck in Cyprus should be released soon
4)The Chinese JV for Kenya should be coming to fruition
5)ELEP aftermarket almost guaranteed with Matt at the helm and a clear $100k of working capital
6) Amulet should start producing soon
7)RRAL is adjacent to some multi trillion $ acreage so the IPO should catapult that straight into the FTSE 100
8) Lemon royalties must be adding up
9)Diversified continue to buy up all the cheap shares
10)The President of the DRC making arrangements to meet Bell

[kemche] 16/2/2023 14:02

Glen, Anglo, Schlumberger, S32, the Chinese, Gecamines, and a host of others.

[captain_kurt] 16/2/2023 13:47

Is it certainly not valued correctly by the market.

Who is looking at RRR ??

[noirua] 16/2/2023 13:24

Is a bid for Red Rock Resources PLC imminent? - I could not possibly comment.

[kemche] 16/2/2023 10:49

The gold is now clearly visible.

Imminent.

GLA LTHers!

Mill in Zim from next month then whoosh. Entities everywhere.

[noirua] 16/2/2023 10:46

Elephant Oil's IPO tomorrow is looking more promising:


It looks like AB will see a good paper profit on this one thus all is about to be forgiven over Amulet and the Jayce Smelter overhaul both of which went pear shaped. All it needs now is $12 million from DRC and Greenland is also forgiven - bravo and forward ho!

[noirua] 16/2/2023 10:09

This time visible gold is mentioned in all holes drilled - promising
Power Metal Resources PLC Victoria Goldfields Australia -- Update

[noirua] 15/2/2023 09:15

Kamoto Copper is owned by Glencore, Gécamines, and SIMCO - The business is jointly owned by Glencore (75%), Gécamines (20%), and SIMCO (5%).

From the above, the deal to sell Musonoi Area 1 was dealt with in one move rather than from Gécamines to Kamoto Copper.

Therefore the sale agreement was between VUP SA in one move to Kamoto and not VUP to Gécamines and then on to Kamoto. The alleged $400 million was paid to Gecamines [on behalf of Kamoto it would seem] by Glencore. Due to a resale agreement with Gécamines.

Kamoto Copper, confirmed, are only due to pay [$20 million] for mining rights to Musonoi Area 1. They are not involved in anything else beyond that transaction.

DRC: Gécamines and the missing millions
By Jeune Afrique
Posted on Monday, 6 June 2022 11:42
www.theafricareport.com/210908/drc-gecamines-and-the-missing-millions/
November 2023


Updated 15/2/23 - 23:30 - wrong link posted

[kemche] 15/2/2023 08:29

No mention of RRR in Glen's results today. Must be talking behind the scenes.

[noirua] 15/2/2023 00:23

The problem of suing for copyright infringement on bulletin boards can be the number of people doing it and the number of different websites and other places. Far better to tell people one is going to hoping to put them all off. People who have time on their hands can reword an article and disguise who it is in such a way the aware can easily guess. In fact, Wikipedia is watchful for cut, copy, and paste - just reword it they say.

[kemche] 14/2/2023 20:23

He has delivered for 18 years.

Shares that is. Billions of them.

[captain_kurt] 14/2/2023 19:59

The appeal was concluded last week in RRR favour

[noirua] 14/2/2023 18:41

Hi, #captain_kurt - I wasn't aware of that and I haven't seen anything confirming it. Though it was all a year ago.

'VUP now have nowhere else to go' - except bust. Money could be removed from the company easily enough. Maybe that's why they want all the $20m

[kemche] 14/2/2023 17:25

Excellent news. The money should therefore arrive imminently.

Every day a new carrot.

[captain_kurt] 14/2/2023 16:50

RRR have won the appeal over the $2m fine
VUP now have nowhere else to go

[noirua] 14/2/2023 16:31

The only particular solid plus point RRR has is the outcome of the two cases in the courts of DRC awarding them a total of $4.505 million. This is despite the fact, I believe, that VUP SA is to appeal the costs.

It does seem that the DRC courts are fair and genuine though much below them appears a matter of question. The new President of DRC has arrived as a much respected person pushing for investment into the DRC. I doubt he likes any situation however small to be an ongoing negative factor especially as it concerns Gecamines and other large companies operating in the Democratic Republic of the Congo.