Rockfire Resources Share Discussion Threads

[mr.elbee] 20/12/2019 19:52

this should sort out the silly little boys in shorts[Vai? Satriani?] and others who never admit where they got it all from.

No 1 player world wide

[brahmsnliszt] 20/12/2019 15:18

for you prog rock men out there i know who u are

check this solo out from 3.05

[three_fitty] 20/12/2019 13:44

By my calculations (approx) the market is attributing a $250 per oz value to the current JORC reserves.

[barnetpeter] 20/12/2019 13:43

Without a JV or some other agreement, Rock is just another tiny explorer with a promising site but no money to do anything with it. All it can do is drill samples and raise new cash by dilution. The mkt is flooded by stock with all these warrants and thus the price falls every day

[three_fitty] 20/12/2019 13:39

The latest interview is interesting. Some good info on the warrants and the open pit resources. The deeper expiration hole and the anomaly they were targeting was almost glossed over. Further drilling next year, but Jan looks like a slow month, due to the monsoon season. The last drilling RNS was actually the most talked about. I suspect David thought that would be the icing on the cake. Clearly the market either didn't understand its implication or was expecting more. Talk of a JORC update to the 40k announced in July which is all based on an open pit. TLDR; more drilling next year to test the extent of trend lines. Production mentioned, but still a way off.

[2magpies] 20/12/2019 10:36

Tom

Intraday high was 2.32

[outlawinvestor] 20/12/2019 09:09

The retreat has been much faster than I anticipated. I imagine it will soon level out and there will be little value in exercising warrants.

I think the team simply have to keep plugging away. Given the assay results I think an upward restatement of resources will happen next year. It then becomes a question of ambition, initiating a PFS and updating the market about viability.

A long long road ahead and from recent experience usually a challenging one for shareholders!

[tom111] 20/12/2019 09:04

I thought it peaked at 2.23

[2magpies] 20/12/2019 09:00

sp is approaching a 61.8 retracement

[mr roper] 20/12/2019 08:40

Yup. That's a great track, Brahms. Just finished reading the biography of NY.."Shakey"..what a book. Some spectacular insights.

[brahmsnliszt] 20/12/2019 08:35

definitely Mr R ... slightly slower, but this has always been my favourite NY song altho admitedly im not his biggest fan.

[mr roper] 20/12/2019 07:05

NY and PJ from 1995..some rock n roll for a Friday morning

[three_fitty] 19/12/2019 23:27

Thanks 2Mags

[johnwise] 19/12/2019 22:05

freddie01

Yes, very sad, a lovely voice lost at such a young age.

From Wikipedia,

[freddie01] 19/12/2019 20:18

Great song Johnwise. My favourite song by Eva was a sad affair as it was at a funeral but it blew me away. Might have been the occasion but thought it was beautiful.

Eva Cassidy - Over The Rainbow

[johnwise] 19/12/2019 18:34

CHRIS BOTTI IN BOSTON | "Emmanuel" w/ Lucia Micarelli |

[paleje] 19/12/2019 15:02

Thanks 2mags.

Cheerful as ever. I know he gave it large about how well the share price has done since the placing but he didn't mention how badly it had done before the placing. We're only back to where were last December so no real improvement although the prospects are evidentially better.

Highlights the need for timing. Easily in retrospect of course.

[2magpies] 19/12/2019 10:09

Davip Price interview to be published later today. (in the last one he suggested the share price was 'cheap as chips'. Presumably now it is 'cheaper than chips'??)

[mhin2] 18/12/2019 20:08

The drilling campaign seems to have found a concentration of gold, which seems to be at width and depth. I am not an expert but the results seem to be consistently positive. Having said that Rock has risen from a low base, and some will have made substantial profits, can anybody blame them for selling. This together with exercise of warrants is flooding the market...nevertheless a marketcap of 7m for a minnow sitting on potentially substantial deposits of gold (and copper) seems low- but I am happy to sit and await developments...the issue for me is looking to see where the inflection point might be (ie when the share price starts rising). I dont expect to hear anything until the new year, possibly just an announcement that they have sufficient funding for the next drilling campaign.

[charlesjames1] 18/12/2019 16:24

Wow. Staggering.