Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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https://secfilings.nasdaq.com/filingFrameset.asp?FilingID=16011628&View=html
Interesting read. Any update Helpful on the DRC and Elephant Oil?
"Plenty of opportunities to make money......."
Money isn't being made here its merely being shifted around and its being done off the back of a snake oil salesman who never delivers.
".....another issue is humans appetite for greed."
That's not the issue here. The issue is more one of whether you feel comfortable participating in an enterprise that's little or no different to a ponzi scheme.
I think it all boils down to how low some people are prepared to sink. Companies like Red Rock will be the death of AIM.
TDT
Darien - the list does go on but then you have muppets on here who say that's in the past and doesn't matter.... when it's the same conman at the helm all these years. Shareholders in the scum end of AIM dreaming of riches every night are a different breed.
Brainspark - that has been rumbling since 2014.
If any of that had any realistic value AB would be shouting from the rooftops by now and sold the interest at a knock down to fund " general expenses".
MOUNT MASON PROJECT DEVELOPMENT UPDATE
ASX / MEDIA ANNOUNCEMENT 16 SEPTEMBER 2022
Juno Minerals Limited
Https://hotcopper.com.au/threads/ann-mount-mason-project-development-update.6961594/?source=email
Mount Ida Royalty: Red Rock holds a 0.75% Gross Revenue Iron Ore Royalty (GRR) over Mt Ida, and a further 0.45% GRR over Mt Ida which transfers in two tranches to Anglo Pacific Group plc for consideration of USD8,000,000 upon the reaching of certain development milestones.
if their was a decision and RRR won then he would have had to put out an RNS, he hasn't so he is lying in this interview. but you know what he doesn't care he is a pathological liar, he believes he is telling the truth immediately he states the lie// always has been. ask about Bar T ranch, ask about the anglo pacific divi, ask about the Greenland sale that never happened, ask about the resource star, ask bout Shoaks creek, ask about Goldstone, the list goes on, an new year a new story a new dilution
to give you an idea AGAIN how useless AB is here is an extract from half year report back in April 5 months ago. and guess what absolutely none of the items have moved forward one millimeter
A new development in the period under review was the beginning of legal proceedings to enforce our rights in one of our copper-cobalt joint ventures in the Congo. A partner wrongly in our view sold our assets for $20m to the parastatal from which they came. As with our litigation in Kenya some years ago, we have so far been successful in our proceedings, but in this case we have achieved rapid results in a series of favourable judgments since year end. Awards of $4.5m plus costs have not yet been enforced by us, and we also have claims to a substantial part of the unpaid consideration of $15m, which has been retained by the purchaser, pending the legal clarification we believe we have now provided. We also believe we have a legitimate interest in the on-sale of those assets at a very large mark-up, the pursuit of which we currently contemplate. However, while the Directors are confident of a positive outcome for the Company, there remains some uncertainty over realisation and the timing. A further development has been the planned IPO in the USA of Elephant Oil Corporation, where we have just under 400,000 shares, including 35,555 subscribed for in pre-listing placements at $2.25 a share. We had hoped to have seen this happen by now and on a float there would be significant value for us. We will update shareholders as and when there is any definite news.
The best piece of Bull**** must be he is positive of the outcome but uncertain of the realisation... that's too funny
Zumore maybe RRR are the lovers !
Andrews probably working on a fund raise from high wealth individuals with eye watering interest rates and zillions of warrants to fund inducements.
Patience is definitely needed for long suffering shareholders. Soon Rodney soon.
https://m.youtube.com/watch?v=a-fMzWeXYOs
From 19 minutes 50 seconds in the Stockbox interview he says the arbitration hearings have completed. He then says he's heared that they have come to a decision. Then he talks about the losers offering inducements to try to change the decision. So when he talks about losers he clearly means somebody won.
He said all that on 23 August and here we are on 15 September and still no good news RNS.
immeniently & soon as regards to arbitration- the basic problem here is the quality of information. AB may believe his estimates to be true but how many arbitration proceeding in the Congo has he had. How many have even been held?
AB may be told 'soon' but that has a relative meaning. I worked in South America for many many years 'soon mean sometime in the next 3-6 months. A bank account could be opened 'quickly' meaning 2-3 months. Now granted my experience there was over 25 years ago and things change. Soon could also mean go away and dont bother us with questions that we have no answers to.
Unfortunately for RRR shareholders all of this means we have to wait
"he has form in leading us on."
My feelings exactly.................he should not be able to get away with it time after time, but then RRR is essentially a one man band. AB is a good story teller who gets paid for his tales or should I say we pay for his tales, he did have a modicum of success with Jupiter, let's just hope another one of his tales comes true.
Ironically the higher the dollar the more the DRC funds will be worth. Patience shortly to be rewarded?? :/
Reebmit the problem I have is many years ago AB was waiting for the expected Greenland sale. AB made excuses for the sale not taking place, some ridiculous reasons made. Not the same I know but he has form in leading us on.
I trust that AB is on the phone every day to the powers that be to nudge them along re the imminent payment.
1m buyer is back
Brains he has been hinting for a few months since it was imminent.
I am actually tempted to buy as if DRC goes wrong it really would be the worst horror show in a sequence. Surely this time it will come good I genuinely hope so for you guys.
Looks like they could have a commercial mine there. Also hints from the interview DRC money coming
Very good. Actually got some clarity out of that one.
He is right, those drill results do look like we might have a potential mine on our hands.
DYOR
https://twitter.com/RRR_RedRock/status/1567863041840107520?s=20&t=JwM6JEkN3vWkc6EIFYwESQ
Hi Helpful,
Any thoughts on when the DRC will be finalised and payment made to RRR?
Also will Elephant Oil list this month and any idea on price and value to RRR's balance sheet on IPO?
Thanks
OK pre K I tried to educate you but you just not that bright
Haha you can think what you like, I'm not that insecure to care.
Anyway, after that 40 years in finance revelation (very generic btw which probably means a back office job in Canada's sixth largest retail/commercial bank), I actually feel a little sorry for you. Maybe the old noggin is slowing down these days so I'll stop goading you for now.
Apols to the rest of the board for filling an entire page with drivel haha at least I was entertained for a few mins.
Waiting patiently for the next underwhelming RNS from Mr. Bell
so sad only bashes no definition from KimiR not even cut and paste (a skill learned in kindergarten btw
sorry if that's too advanced for you
Oh cringe... "Masters in Finance" but copy/pastes from investopedia.
I'm going to put it down to a language barrier or not understanding the UK market but a tree shake on MM controlled SETSqx ticker is different to what is in that article.
Maybe back to interning on a trading desk old boy (joke)
Here you go-some general information- read and learn
understanding Shakeouts
A shakeout isn't a well-defined term. Depending on who is using it, it can refer to a situation that sees consolidation, or a situation where there is a severe correction.
In broad market usage, a shakeout is simply a period of market turmoil that causes investors to pull back. Again, depending on who is talking, this situation can be described as a shakeout, a market selloff, or a market correction. In technical analysis, however, a shakeout is better defined and is said to occur as a leading stock corrects in price.
Technical Shakeouts
When it comes to chart formations, there are a few patterns that are considered to be shakeout patterns. These include the cup and handle pattern and the double bottom.
The market narrative for a shakeout is that periods of rising prices will eventually exhaust all the bears, as well as all the interested sellers. In the absence of selling pressure, the price action carries upward beyond its moving averages and encounters resistance and dropping volumes. This halts the stock's advance and leads to a pullback.
After the shakeout, the previous trend often reasserts. It is worth noting that a shakeout is almost exclusively used to refer to an interruption in a longer-term bullish trend.
Industry Shakeouts
Shakeouts happen all the time. During broad market events, such as the dotcom bubble or the Great Recession, there are numerous shakeouts that see money pulled out of particular segments of the market. However, there is a related usage of shakeout that deals with specific industries.
An industry shakeout is when a period of massive expansion is followed by consolidation. In this case, stronger companies use their capital reserves to acquire or eliminate weaker competitors that have overextended themselves.
This happens frequently with new industries, as with the dotcom bubble and the more recent rise and consolidation of social media companies. If the companies in question are publicly traded, then the industry shakeout is mirrored in a market shakeout. If, however, some or all of the companies remain private during their growth stage—something that is becoming more common with technology companies–then the shakeout takes place without involving retail investors and the broader market.