Red Rock Resources Share Discussion Threads

[dead duck resources] 08/2/2024 23:18

Someone likely to post on message boards, probably not a businessman of some standing.

Bell back in the frame!

[noirua] 08/2/2024 22:49

The first post of 'Atinos Auntie Ettie' was on February 10, 2013, on the header 'Red Rock Resources - Boom to Bust - Back to Boom or Bang?'. That was long before Charles Richard Topham arrived.

Mr Topham is a businessman of some standing. It is of course possible he could check information occasionally but is unlikely to post.

[dead duck resources] 08/2/2024 22:12

Atinos auntie Ettie - 19 Jun 2023 - 07:35:44 - 14406
there was one sole voice of reason who laughed and said in their view the broker was trading on their behalf through the bespoke service they offer. Your aunt Ettie has the sense now that Mr Black may have instructed to exit the position and thus with a big seller in our midst it is important for those interested in a sustained rise to hold fast.

Sounds like it was just a hunch anyway. Also 'trading on their behalf' was suggested
to come after an instruction from Mr Black to sell. So even if going with that hunch
you'd have to be a fool to think the broker makes the buy and sell calls.

[dead duck resources] 08/2/2024 21:53

One2Go 8 Feb '24 - 08:46 - 17166
Aunt Ettie (Andrew Bell) stated FE were trading on Black's behalf on this very thread.

All is forgiven, the source is a message board poster. All who questioned are humbled.

A thought, if Andrew Bell posts under own name on the lse forum why wouldn't he do so
here? Aunt Ettie is always ramping the shares, whereas Bell hardly owns any. Applying
Occam's razor theory it's probably someone who owns a lot of shares and has done so a
long time. Major holder Charles Topham seems to fit the bill imho. There is your Aunt.

[steveberyl] 08/2/2024 18:17

RNS on Fri Morning, Confirming what the 5/2/24 intimated???????

Then the Fun begins, I fully expect Legal teams have been contacted for best terms available and the Starting Gun will be fired very early on.

Most of the leg work has already been done, merely a question of a court date, unfortunately that could be 2025. Unless RRR are willing to put sums up front for a LONDON HIGH COURT Appearance.

In for a penny, in for pound. GO GET EM GILROY.



Incidentally, Should Lenigas want the best Legals, my PM BOX is open

[luckyabbeygale] 08/2/2024 15:22

QBT I have 18,000 per point. I have had margin calls galore since I started off with 10,000 per point at 2p.

[eggbird] 08/2/2024 15:17

Love QBT, sitting on a loss there but when it pops it goes crazy!!

Main interest iis here for me and really looking forward to that money to be confirmed then we have serious lift off!

[noirua] 08/2/2024 10:38

Off Topic - At least Bitcoin is recovering so DL will be be pleased and chuffed if it reaches his forecast $150,000. Some leading lights have moved to and holiday in El Salvadore and investing in Bitcoin City at the foot of a volcano.

An Athena Bitcoin ATM in El Zonte, El Salvador

I noticed VINANZ AQSE: BTC can only be traded by phone the reason it rarely trades - I decided for that reason to leave it. Others like AQSE: MARU can be traded online.

Anyway, QBT looks cheap under 1p after 3.5p not long ago. So that's my second choice - maybe the next...

[kemche] 08/2/2024 10:19

It is interesting that folks only buy when the share price is already on the risers leader board despite the obvious investment proposition.

In recent interviews the CEO has stated he wants to drive RRR to mid cap status, this means in excess of £50m m/cap, that is not as far fetched as some believe, look at the projects and investments Red Rock hold.

It is worth noting a number of entities have been very happy to take large lines of stock at current levels.

This could trade at 3p (£30m m/cap) and still be considered cheap, note in the recent interview how the CEO referred to his involvement in the early days at Greatland Gold, we all know what happened there !!

RRR is dirt cheap.

[kemche] 08/2/2024 10:03

It is a stated aim of Red Rock to list both the Aussie licences and the Kenyan gold interests on market.

As can be seen from the post above it looks like Caracel will set a benchmark valuation for Red Rock in Kenya, the Red Rock licence package covers around
250k sq km in a prospective gold district as opposed to their 50k sq km.

The IPO of Kenya and the IPO of the Aussie licences will be worth multiples of the current pathetic £7m market value of Red Rock.

Then add to the mix £2m of listed equities (including 45m shares in Power Metals)

No wonder the shrewd have been building positions in RRR.

2p to 3p a share remains my target.

[kemche] 08/2/2024 09:59

Having placed a conservative 2.8p target on RRR the same broker has decided to sell down its client's holding. Mr Black will be fuming!

[kemche] 08/2/2024 09:58

Excellent post tdc. The standby continues. 1.5 billion is the number.

I continue to average down. NT only.

[noirua] 08/2/2024 09:55

the-debt-collector - I've been following RRR for 7 years now and kemche is the only one remaining who's seen the history long before that. It is that history that tells the story of what is going on at Red Rock.
I've been very lucky investing here but was once over £30k down before a bounce from 0.19p to 1.25p bailed me out. Others have not had the good fortune over the years as I have. ASX:WC8 in Aus is another that came right but many on AIM have been financially destroyed.

[steveberyl] 08/2/2024 09:54

tdc, Good post and forecast.

[the_debt_collector] 08/2/2024 09:22

Negotiated trades on the buy side currently indicates the share price is about to turn positive.

What is going on at Red Rock, is another RNS in the pipeline ??

The HE1 action has taken a lot of liquidity away from others, when that bubble bursts a lot of cash profits will be looking for a new home.

[one2go] 08/2/2024 08:46

The bashers are clueless, in respect of William Black and First Equity it was Aunt Ettie (Andrew Bell) who stated FE were trading on Black's behalf on this very thread.

Fancy names for balance sheet liability be-it prepayment or debt, fact is PREM cannot repay it and are in default, if the muppets wish to chase the stock higher that is their decision, the higher it rises the harder it will fall when the bad news comes.

George Roach is a master of dressing bad things into good, bring on the next PREM placing I say.

[noirua] 08/2/2024 08:41

kemche, it might even beat the share in the other place much like Red Rock and certainly race past ASX:WC8 rising from 2c to 91c in under 8 months whilst on its way across the oceans to Knotty Ash.

[kemche] 08/2/2024 08:24

Its 2.8p target is deliberately conservative and understated. That price would put RRR at a PE of barely 3. The cash on the balance sheet is worth more not to say anything of the various prospects around the globe. It is a GLEN in the making and has been so for the last 19 years.

[dead duck resources] 08/2/2024 08:19

If the house broker has taken a decision upon itself to sell RRR at 0.09p, 97% below its 2.8p broker target published last year, it is one of the most deramping things I have ever seen. Even our house broker has no faith in RRR :(

[kemche] 08/2/2024 08:15

digger, that is not how it works with Noirua. It's ALWAYS a profit.

Meanwhile the representative continues to be on standby and the Chinese New Year approaches. The transformation will be complete and the judging by the exports can begin. Leni continues to consult in the background.

[dead duck resources] 08/2/2024 08:14

'his broker is trading on his behalf'

How much more will you make up? After correcting misleading posts about PREM having tens of millions of 'debt' now clarified as prepaid offtake, seems you've not learned your lesson and just come out with anything to promote the stock. A broker would not have sold such a material position unless the client told them to do so.

In respect of RRR, annual loss was around the market cap and highly geared, getting on for a million of convertible debt and million US of debt owed to a partner and plenty of creditors.

[kemche] 08/2/2024 08:12

Agreed Stephen. NT to buy.

[digger2779] 08/2/2024 08:12

Noirua7 Feb '24 - 23:21 - 17153 of 17157

Surely Mr Black bought the 0.075p shares after he bought those at 0.0135 to 0.155. He must follow the same tax rules as the rest of us. I.E. sell the shares he bought earlier which in his case were the ones at the higher prices. He therefore made a loss on his recent disposals but is still holding the ones at 0.075 so is showing a paper profit on those.
Of course we are not privy to what he did or didn't do but tax rules is rules.

[steveberyl] 08/2/2024 08:03

Positive start likely following Huge trades posted after hours.