Red Rock Resources Share Discussion Threads

[dead duck resources] 17/3/2024 15:47

arlington chetwynd talbott - 14 Dec 2015 - 13:19:07 - 98 of 1602 LGO 1.1p to 7p+ ITS COMING FOLKS!!!! - LGO
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arlington chetwynd talbott - 14 Dec 2015 - 13:17:38 - 402 of 405 *LGO* thread for info on production etc - LGO
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arlington chetwynd talbott - 14 Dec 2015 - 13:16:19 - 3184 of 3188 Leni Gas & Oil PLC - LGO
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arlington chetwynd talbott - 14 Dec 2015 - 13:13:27 - 4480 of 8228 LGO Energy - Oil Producing assets in Trinidad & Spain - LGO
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A shame these posts on Leni Oil & Gas aren't visible but I'm sure they were humdingers.
Trivia; 22 arlington street being the address for LGO and most other Lenigas companies.

[kemche] 17/3/2024 15:39

ATC,

"So your CRCL posts were meant to be ironic and you were not actually invested but in fact just having a go. It must have been quite annoying for you when it whooshed. Hope you were not short."

Unfortunately I have been long since the RGM days - somewhere in the region of 36p pre-consolidation. So a big ouchy for me. I need a mere 45 bagger to break even!

[the_debt_collector] 17/3/2024 15:38

Waffle about ADVFN rules Noirua, the widget is used across ADVFN.

I find Kemche annoying what are you going to do about him.

Looks like Kemche is Zumore on LSE, posted on Regency/Corcel until Bell, Kaintz left.

The sheer amount of energy the bashers put in (especially on LSE) tells you it is more than personal about Bell, in particular a fellow called Banburyboy who was recently singled out by Bell being party to negativity which has destroyed value, shorts are in play.

Fact is if these individuals did not believe their negative posts assisted in value destruction then they would not spend hours and hours daily bashing away.

[arlington chetwynd talbott] 17/3/2024 14:25

Very strange.

[aimdogs] 17/3/2024 14:04

Some understand irony, some don't.
You can tell by the razor sharp manicured creases in the front of my trousers that I am up to speed with the programme.

[noirua] 17/3/2024 13:24

the_debt_collector - nothing will be posted in the Header that is contrary
to the privacy rules of ADVFN. There is a Flag Counter indicating the
domains of those posting. This is a Free Thread as far as those posting
are concerned. We can easily filter anyone we find annoying - good luck.

[the_debt_collector] 17/3/2024 13:12

Unfortunately this bulletin board is a farce dominated by Kemche and Noirua, anyone new or old who posts here is immediately ridiculed by one or the other.

It has been apparent for some time there is a large short position in Red Rock, Bell has said so himself, he believes it to be market insiders who are responsible.

A request was made to Noirua to put a widget into the header that could identify IP address locations, this request was voted down, probably by Kemche and ignored by Noirua.

Of course certain individuals do not want their locations disclosed, a certain fellow, over a decade ago was involved with another minnow that was being bashed into oblivion, shares fell from 2p to .25p over 24 months, the company then released unexpected news and the price rallied from .25p to 3p in two sessions as shorts scrambled to close.

Will something like that happen here, it might.

[noirua] 17/3/2024 13:08

Arlington - which one was it that got you?

[arlington chetwynd talbott] 17/3/2024 13:01

So your CRCL posts were meant to be ironic and you were not actually invested but in fact just having a go. It must have been quite annoying for you when it whooshed. Hope you were not short.

[kemche] 17/3/2024 12:00

ACT, I post here, as I do elsewhere, when I come across unique companies displaying certain characteristics:

1) Of paramount importance in my research process is looking into the history of the BODs. I look for impeccable morals, gentlemen whose word is their bond, who deliver on their countless hundreds of promises, whose care of the financial wellbeing of their shareholders is sacrosanct and who have nary a thought of their own pocket.

2)At a bare minimum I look for a history of AT LEAST 92 fundraisings.

3) I ensure that the BOD have partaken in ALL of those fundraisings lest they miss out on the rise.

4) It is paramount that the company be involved in either a hole in the ground or offers promise of unbridled riches.

5) It is a must for me that they partake in objective interviews with the finest peddlers of PR services operating in the fringes of the city.

6) I ensure that ALL the shareholders are pensioners, preferably above the age of 70, whose combined IQ approaches at least double digits.

7) It is a must for me that there be cheerleaders of the company on all platforms of whom at least some MUST be insiders and preferably operating as financial advisers.

8) It is vital the the company have numerous holes in the ground covering the entirety of every metal, liquid and gas known to man. This is so that they can shift their attention to whatever happens to be the interest du jour at the drop of a hat. The shareholders must feel as though all their bases are covered.

9) It is imperative that ALL their various tenements be purchased for circa £56.78 (or thereabouts) and be immediately worth £800m each.

10) Each tenement MUST pass the nearology and closeology test to convince the shareholders that our tenements too are worth $19 billion as the successful operation next-door.

11) Each prospect must be in faraway exotic location that no one can get near for the sake of commercial and competitive advantage.

12) They must be in proximity to 5 star hotels and golf courses.

13) Each must be able justify adequate "admin" to be believable.

14) Their corporate governance must be beyond reproach. Any loans, funding, "investment" must be reported in note 98 to the accounts as early as 5 years after the event.

15) All funding, CLNs or loans MUST be in obscure subsidiaries in opaque jurisdictions.

16) They must offer the remotest chance of increasing in value by 845,985% just like that other random company did.

17) They must be judged on the delivery of their word - whether that be shipments to 5 buyers in China, cashflow from Shyte creek, moneys from Cyprus or the myriad JVs over the years.

18) They MUST show monetisation/returns from candy factories, cloud computing, oil operations, actual mining etc.

19) They must have a record of passing off other mining operations or mining produce as their own.

20) They must be on record threatening their detractors to lawyer up.

21) They must have a record of dealing with banks in Cyprus.

These are the bare minimum factors I consider prior to investing in any company. And I think you will agree that my successful investment record stands as a testament to my rigorous process.

[arlington chetwynd talbott] 16/3/2024 17:36

kemche - you do not seem to be convincing yourself about RRR, let alone anyone else. Fair play to you for catching a great move up by CRCL, but what makes you think that the same thing is going to happen here? What is your investment thesis (or at least trading strategy)? You post continuously but it remains unclear why you even own these.

[kemche] 16/3/2024 14:32

Will I never learn?

But what about that other random company that went up 879,768%?

[arlington chetwynd talbott] 16/3/2024 13:08

So why do you think it is going to be different this time?

[kemche] 16/3/2024 12:47

My timing has always been impeccable. CHLL from £1.08 to 2p, VRS from £1.80 to 0.01p, etc etc.

[arlington chetwynd talbott] 16/3/2024 12:33

Really? Most people get very unlucky with them unless they have absolutely impeccable timing. They all throw up ultra short term opportunities but they all seem to end up as zeros or as near as over the longer term.

[kemche] 16/3/2024 11:40

ACT - over the years I have got lucky with Phorm, Globo, CTAG, Quindell, VRS, ICON, SLYME, RRR, UKOG, RGM, VAST, CHLL, virtually ALL of the various Leni plays and numerous others. It's a speciality of mine.

[arlington chetwynd talbott] 16/3/2024 10:55

kemche - you arguably just got lucky with the money you recently made on your CRCL holding. What makes you think you will be able to repeat that trick with your holding in this one?

[noirua] 15/3/2024 23:30

Indefinitely
Please note that unused Capital Losses can be carried forward indefinitely. There is no upper limit on the amount that can be carried forward.
Companies -
Individuals -

[dead duck resources] 15/3/2024 21:48

"UK tax losses may only be carried back 3 years prior to year of trading. Tax loss
relief is almost always unavailable if a trade is carried on outside the UK, or if
the loss activity was not carried on with a view to profit, or deemed uncommercial"
So losses at RRR are only of historical interest. -£22.5M, breathe in that history

If we include RGM up to Bell's exit, this adds -£26.0M (-£21.5M inflation-adjusted)
for a spectacular -£48.5M

Note this excludes the 'capitalised losses' (£15M expenditure on exploration & JVs
not booked as a loss just yet as auditing rules allow some to be classed as assets)
If we say 75% of this will be written off (generous as would mean some £3.5M spend
eventually becoming a gain through trade sale etc, it adds further loss of -£11.5M

Mr Bell's total losses so far: £48.5M booked losses +£11.5M unbooked = £60 Million

[noirua] 15/3/2024 18:38

kemche29 Oct '18 - 13:31 - 4794 of 17560
0 1 0
2012 - Loss of £1,962,882
2013 - Loss of £22,105,562
2014 - Loss of £4,113,460
2015 - Loss of £8,411,541
2016 - Loss of £283,280
2017 - Loss of £1,114,213

A solid record to buy into.

The tax losses will no doubt continue ad infitum increasing the tax loss assets!

So the company is in the business of creating tax loss assets. Which it has done successfully for forever and a day.

Your call of course.

[kemche] 15/3/2024 11:40

"I am NOT sure if RRR has TAX LOSSES?" This bloke cracks me up as norm therein in species. Where can I find this information? Any ideas therein wherein in species as norm?

[kemche] 15/3/2024 10:18

NT crew starting to arrive now in anticipation for the biggest whoosh of their lives.

[kemche] 15/3/2024 09:29

The power move by Ettie on the Aussie play seems to me a tacit admission by POW that Ettie and RRR are the only ones who have the expertise and wherewithal to progress the project forward - dare I say imminently. After the groundbreaking announcement that saw the transformation of the company in an instant the market has been stunned and the rush to buy the shares has been met with a "NT" block. The backlog of buy orders stands as a pregnant deluge waiting to break the dam. But that was yesterday's play. Today it is all about DRC again. As norm therein wherein akin in species.

[noirua] 14/3/2024 14:04

It looks as if AB is putting his foot down full-throttle to get Red Rock into clear waters. It might just work.