Rockfire Resources Share Discussion Threads

[johnwise] 09/10/2024 17:13

One of the most played at a funeral



Revealed: The top ten songs chosen by dying
people to play during their final moments...
so is YOUR favourite on the poignant hit list?

[serratia] 28/9/2024 23:46

Don't know them but will give them a listen - Hope the link works.

The seven greatest cover songs of all time – according to music experts.

[2magpies] 23/9/2024 08:22

Hey Akmal

You still here!

Too much of a slide, no?

[akmal101] 20/9/2024 16:15

https://ukinvestormagazine.co.uk/aim-movers-500-increase-in-resource-for-rockfire-resources-and-eqtec-raises-cash/

[2magpies] 16/9/2024 09:45

After that 'resource' update, the share price spiked to .26 !!

Feel for you, if you got caught on the spike.

(most of us have had that experience, at least once!)

Perhaps they did find geraniums, after all, and not germanium.

Shocking isn't the word.

[bigboots] 16/9/2024 09:13

You were all warned, they were going for £1m raise and only got £450,000 less expenses.

Price and his cronies should be investigated for market manipulation, instead this time it backfired on him.

£380,000 is going to last a few months.... Thats it

[tomboyb] 16/9/2024 09:11

See if I can pick some around the 0.08p mark -

[2magpies] 16/9/2024 09:02

There you go.

A walloping fundraise.

Told ya, told ya, told ya!!

I doubt if this will be the last.

If the resource update was so soopa-doopa how comes the fundraise is at such a massive discount??

Mr Market doesn't believe a word of it?

'Hoopla Resources', could be a more appropriate name, imo.

Laugh or to cry.

[bigboots] 16/9/2024 08:11

WHOOPS !!!!

[bigboots] 13/9/2024 13:28

You were all warned.... This is going to get worse.... and not sure it can get any better

[greenrichard] 13/9/2024 10:01

Likely to be a leak of a placing as they have low cash according to their interim results.

[algernon2] 13/9/2024 09:42

No idea yet, Worrying somewhat?!

[browngirl] 13/9/2024 09:40

why the drop guys

[blueball] 13/9/2024 06:42

Different Drum by Linda Ronstadt. 1967.

[bigboots] 12/9/2024 10:38

Price and his cronies should be in prison the way he has suckered in shareholders and investors.....

This aint going to turn out nicely.....

[2magpies] 09/9/2024 09:06

Results.

Different venue, same orchestra, and the same tune.

[2magpies] 06/9/2024 14:44

The only 'deposit' ROCK (all the way from its Papua Mining 'PML' days) has ever kept an eye on was the $$$ in its deposit account!

I would be amazed if a chunky fundraise does not land any day.

First it was super-massive copper what-have-you in Papua New Guinea, then it was untold Oz of Au in Outback-faraway, and now it Geraniums (opps, sorry, ... Germaaiiniumm) in Greece.

What next? Goblins in Greenland??

I reckon, all told, PML/ROCK has raised well over £30m over the years!


And to show for it??

Well ......... hmmm ............ yes..... exactly!

[manual dexterity] 05/9/2024 10:32

Rockfire Resources – Exceptional Resource Upgrade

Earlier this week AIM-listed @Rockfireplc announced an impressive 500% increase in its resource estimate at its 100%-owned Molaoi Zinc-Lead-Silver-Germanium Deposit, located in Greece.

This dramatic increase in the scale of the project has seen Rockfire’s share price rise by 50%, however, the company’s market cap stands at a paltry £6 million.
Background

In May 2022, Rockfire established a resource estimate of 250,000 tonnes of contained zinc equivalent. Continued expansion drilling over this intervening period has culminated in this week's updated resource estimate of 15 Mt at a grade of 9.96 zinc equivalent for 1.5 Mt of contained zinc, of which 1.35 Mt is contained within sulphide.
Gold Equivalent

If Molaoi were a gold deposit instead of a zinc deposit, the company would have just increased the size of the deposit from 286,000 ounces of gold (Eq) to a deposit that contains 1.6 million ounces of gold (Eq) in the sulphide.

The above figures are based on a gold equivalent calculation using the current zinc and gold prices of US$2,846/t and US$2,488/oz, respectively.

Could you find a listed company that had defined 1.6 Moz of gold, less than 400 meters from the surface, at a gold equivalent grade of 3.9 g/t with a market value under £6 million. I do not think so.

But that is just the proposition that Rockfire now poses.

Ref: Dr Ryan Long

[jlondon] 05/9/2024 10:22

Dr Ryan Long has just put out his note. It is on Twitter.
Dr Long was the Head of Edison Research but now set up his own mining analyst firm. It is also on the other forum at ROCK. 5.9.24.

[jlondon] 05/9/2024 00:49

---------Rockfire Resources: "Out of the Ground Podcast by Paul Johnson",4.9.24
hxxps://x.com/pauljohnson9691/status/1831333447379386782 4.9.24 Podcast.

Quote: "Absolute cracker RNS. 500% increase in resource JORC. Zinc in situ US$4.3 BILLION. GERMANIUM in theory US$389 MILLION.----US$4.7 BILLION VS £5M MKT CAP."
"Market missed it. Opportunity come to the fore. Multi-bagger potential."
Paul also mentioned the time of the Rockfire Resources RNS -think it was noon+.
Paul also gives the prices of zinc and germanium and the sizes of the resource. Have a listen to the short full podcast.