Red Rock Resources Share Discussion Threads

[mrblobbythe2nd] 01/7/2024 21:05

Confidence seems to be building on the LSE asylum concerning gold production and RRR.

How many times can one individual get things wrong before it becomes a 1st right.

[kemche] 01/7/2024 14:32

"FOLKS, I WILL NOT BE REPLYING AT FURTHER TO THE NORMAL NAYERS. WHY? I HAVE REPLIED ON EVERY TOPIC POSED TO ME.-------------Sorry. News, Sunday, 30.6.24."

Oh but you will. Tediously so. Voluminously so. Boringly so. Idiotically so. Therein as norm so.

[kemche] 01/7/2024 14:17

We have been made aware over a number of years now that the Chinese are interested in a JV at Migori. The Lithium assets are also nearology adjacent so I would not be surprised at a move there. Soma could also purchase the Lemon royalties rather than have to pay out £75m to RRR every year. The Creek which is Sunday could easily pay £250m for NBGC and consolidate the whole play. And as for BF the supermajors will be salivating at the prospect of getting their hands on an asset which one world renowned geologist noted as containing "gold f'in everywhere" as befits the understated and academic language that geologists of repute are known to employ. And this without digging any holes whatsoever.

[noirua] 01/7/2024 13:57

The situation for Red Rock is rather Inauspicious. The cash pile is dwindling.
The gold is in the ground so as worthless as a Tanpi gold coin unless interests
are sold.
AB and co have bought zero shares on market indicating the shares as inutile.
Belief by them in Red Rock thus abjured and sadly so. DL is in Monaco...
Maybe they will sell one or two assets stated as advanced in RRR in January.

[noirua] 28/6/2024 14:28

In May 2018 my shares in Lionsgold AIM/LION were temporarily suspended. Being very
confident about an excellent outcome I had bought lots of shares. Now named Tally Central
Limited TALY they have still not returned to the LSE. Promise after promise of an IPO has
floundered.
Once a gold exploration company and now in Tallymoney and gold shares in India.


A warning to us all about 'temporarily' and what can happen.

[affemoose] 28/6/2024 14:19

As the recording was not shared I can't prove this of course. Somewhere on the interweb is my original comments straight after the event, sharing this occurance and marvelling at the unfortunate nature of technology.
I wonder where that Comms lady is now.

[affemoose] 28/6/2024 14:17

I am old enough to remember Kansa Mining. I am also old enough to remember the phone-in / presentation that RRR did. Way back when there was a 'Corporate Comms' lady etc at RRR.

It was quite funny because the RRR talk track was that RRR were working closely with Kansie on Migori, peas in pod etc, and that everything was super duper. Then.... a chap spoke up, he was muchly annoyed - he was one of the Directors from Kansai and he asked RRR what the hell was going on because nobody had told him/them anything and the only way he could get to talk to RR was by attending this call.

Obviously, the RRR call-in recordings were always shared to others after the event. Oh, except this one as it had technical issues and couldn't be shared. Sadly.

I think the Comms lady left shortly after.

Funny what you remember.

[kemche] 28/6/2024 13:33

Another fine company. Who could have foreseen such a thing???

[noirua] 28/6/2024 12:57

Off-topic - Sad news about RTOP being suspended and may not be listed again until October.
Will it ever return?

[noirua] 28/6/2024 12:45

I hope no one goes back and checks my old posts especially those made somewhere on
a thread in 2011. AB used a different monika in those days long before the creation of
Auntie Ettie. I was a budding chartist probably as good as my only poem - now retired from both.

[kemche] 28/6/2024 10:42

"Lastly, as I said previously; if RRR does a raise at 0.2p/0.3p has anyone got a problem? Why did POW take RRR shares at 0.15p?"

I have no problems, do you?

Lawyer up!

[kemche] 28/6/2024 10:41

Listen Moose, the geologist out there said the there was gold f'in everywhere! They only need to pick it up and scoop all of it in a bag. It's f'in everywhere do you understand. The bloody termites cannot be wrong.

You and your bad commentary! Affe - filtered.

Most of the sells look like buys as the creek looks like Sunday.

ELEP and Migori soon.

Judge them on their exports FFS!

[affemoose] 27/6/2024 21:46

FOund some answers re: BK:

In 2022, a small RC test of 778 m generated among others 20m@3.19g/tAu at Bilbale project.

2022 Exploration includes:
➢ Mapping of Bilbale artisanal gold
working site
➢ Rock geochemistry over project
area = 108 samples
➢ Termite mound geochemistry over
Bilbale artisanal site = 29
samples
➢ 7 holes RC drill campaign (totaling
778m) at Djikologo (4 holes) and
Bilbale artisanal area (3 holes)


They do talk about an 'Exploration PRogrem' but has that completed?
Exploration Programme
❖ Regolithic mapping (regional) and geological
mapping (semi-detailed scale)
❖ Auger drilling at 400 x 200m combined with soil
and rock geochemistry over permit surface
❖ Follow up by RC drilling the 2022 RC results
at Djikologo;
❖ RC Drill test the rock geochemical results at
Koulagang and Bontioli artisanal gold working
sites
❖ IP geophysics survey at Djikologo,
Koulagang, Bontioli and Bilbale zones.


The more i read the more this seems to be 'Exploration' not 'production'

Any of teh regulars got a view?

[affemoose] 27/6/2024 21:39

RNS - pretty much all the items i mentioned in my post of but a few days ago.

All that Kit being sourced 'in Europe' and shipped. Or more to the point - how MUCH kit being sourced and shipped?
How Much and where are the $$$$$ coming from?
I think we know - all this relentless positivity with very little actual kit on the ground but all being sourced and 'expected' and 'about to ship' etc etc - It's.............

DILUTION TIME!!!!!!

Plus - and i'm not trying to be funny here - this seems to be a big committ for a company that spends enthusiastically and is close to running out of money (isn't it?)
- but there's not been that much testing of the ground has there? I mean - not really? Is there a comprehensive 50-100 hole drill map across the claim so they know where the best grades are? And now they say they're shipping heavy iron from Europe to start mining.........I'm no expert on BK here - is there a legal requirement for licenses etc/ Liceses to mine, extract water, build dams, divert water etc etc? No idea.

Surely a small test operation would be sensible to see if there is actually anything there or not. That's the sensible option. Maybe i'll re-read the RNS with this in mind and see if this fits better than the all guns blazy death or glory way that I read it first time.... why don't you try it?

Test operations don't produce much gold.

Only time will tell - i'll bookmark this post and I'll come back to it in a couple of months...


As for Kenya - blah blah blah blah. been some trouble blah blah blah. Who cares - it's a crock.

[kemche] 27/6/2024 12:26

It will get very expensive. After the consolidation.

[backmarker] 27/6/2024 12:13

This must be the lowest priced share I have ever held.......and it's still not cheap.

[kemche] 27/6/2024 10:59

It could be all about Migori soon. Again.

[noirua] 27/6/2024 10:50

RNS Non-Regulatory - RNS Number : 0462U - Red Rock Resources plc
27 June 2024 - Update
This release is an update further to that of 10th June 2024.
Key points:
1). Preparations continue for gold project inception in Burkina Faso
2). Concentrators and other equipment sailed ex-African port with arrival scheduled early July
3). Excavators and trucks contracted ex-Europe and expected to sail shortly
4). Completion of the purchase of minority interest in Victoria operations allows integrated planning.
5). Burkina Faso: The importation and transportation to the site of specialist small concentrators
and other equipment proceeds as planned.
6). Initial earth moving and trucking equipment have been inspected and contracted in Europe and
will be transported by sea with certain other equipment including generators shortly.
Movement of an initial group of supervisory personnel into the country is planned for early July.

Australia:
A). In Victoria, Australia, geophysics and geochemistry begin in the area near Sunday Creek
B). The Company has commissioned a reprocessing of the geophysical analysis carried out
two years ago of the Kilmore and Kilmore West licences to the west of Southern Cross Gold
Limited's (ASX: SXG)("SXG") important Sunday Creek gold discovery in Victoria, Australia.
Data from the SXG drilling over the last year will enable the Company to confirm certain
correlations including those between antimony and (a) gold and (b) hydrogen, and so identify
prospective targets.

Kenya:
RRR notes the civil disturbances in Kenya following the debates on the Finance Bill, and
has in consequence of the unavailability of key people for meetings postponed a visit that
was planned for this week.

Andrew Bell, Red Rock Resources CEO, commented:
"We are happy with the pick-up in progress in relation to the Burkina Faso alluvial gold
project as co-ordinated movements of equipment and human resources on to site appear
to be going smoothly. We anticipate an early start to operations as soon as equipment arrives.
This project is potentially of great importance for the short-term future of the Company,
and preparations for test production are being given high priority.

In Australia, we are carrying out a cost-effective assessment of the potential impacts
of SXG's extraordinary exploration success nearby. Recognising the historical importance
of Australia's antimony production at the nearby Costerfield mine and the results achieved
by SXG, the antimony potential of our licences is being reappraised.

Plans for a visit to Kenya in relation to our gold licences this week were postponed due
to the widespread demonstrations against tax rises but remain a priority."


* The Kenyan Government has now withdrawn tax rises.

[kemche] 27/6/2024 09:14

The place that RRR were in has just got gooderer. A stonking NONRNS has put Hydrogen and Antibodies in the mix now so it will be all about that whilst we await on BF, DRC, Lemon, Lithium, ELEP and the like.

[kemche] 27/6/2024 09:07

Whoosh! This is just what the market was looking for. NT to buy. All the buys are buys. All stock gone. None available.

[kemche] 26/6/2024 17:27

He never used to be like that.

[noirua] 26/6/2024 17:23

AB is difficult to pin down much like the politician he once aimed to become.
Is he in mining exploration terms more a Sliparooni Star as no matter how wet and
sticky things become he still scrubs up exceedingly well.
Seriously now folks the Musonoi Bacon is about to cure and our shining star
as bright as ever.

[kemche] 25/6/2024 19:13

"so what does AB know we don't?"

A lot. That's what. Always has done. For 20 odd years now.