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This recent incident is likely to put off potential investors
https://www.reuters.com/world/africa/militants-kill-6-attack-convoy-burkina-faso-gold-mine-2022-08-27/
Kurt unfotunatly BF makes DRC look a picnic.
FCO advice avoid travel in all circumstances due to terrorism and kidnapping.
Things may change but unlikely doubt this is sellable.
When I saw the RNS I thought we had a Congo outcome
Update on Drilling at Bilbale, Burkina Faso
Near Surface Gold Intercept of 20 Metres at 3.19 g/t
a non response response.
Try explaining what you think "shaking the tree' price action looks like
Folks, none of the price action over the last few days has been the result of a tree shake. That isn't how MM's operate tree shakes.
Another dumb ill informed comment from the resident fool.
The tree (RRR shares) are being shook. Buyer(s) are waiting to scoop them up We all know that Congo is a cesspool of corruption and things never happen as fast as anyone would like. This creates the perfect opportunity to shake the tree.
Keep in mind RRR positive news regarding the Congo arbitration tempered with the reality of AB's past offset by AB's recent buying of RRR shares in his retirement plan
buy
H5O - Not the most professional of back grounds for a CEO.
Many on here would not use the word great.
I know the past is the past but that backdrop and the debacle with negotiating with an individual with no authority in DRC - does give RRR a look of the keystone cops rather than a serious company.
Add in Bells son and its even more sureael. But soon Rodney soon.
I saw that heading too. Something like that would be a NO NO in Canada. It would have generated a response from the Regulatory Authority and the company would have too put a news release to correct (ie disavow that language)
The recent Stockbox interview introduction was quite strange to say the least, when a photo of Andrew Bell appeared on the screen the caption read.....
'Andrew Bell is great and is going to make shareholders very wealthy'
This caption remained for a number of days before it was blurred out, over on the other site someone took a screen capture and posted it on the RRR thread, the actual interview is also on the same bulletin board but you can clearly see how the area that contained the wording has now been blurred out.
So is Andrew Bell about to make shareholders very wealthy, whoever is buying 1m+ tranches of stock clearly thinks so.
I have seen this type of trading activity on Canadian stocks. People on the know are aware of positive news coming but the share price does not go up in a straight line. It will go up and then down and then back up and so on.
Its called "shaking the tree" it is meant to people who are looking to sell and motivate them to sell now and as opposed to later (like within the next several weeks)
I know I have posted this before but it is worth mentioning again, I feel there has been a persistent large buyer of RRR stock, basically anything that comes onto the market is quickly bought in size, normal market size for RRR is stated at a mere 150,000 shares so the buyer(s) seems to be sitting there ready to ponce on anything loose.
I find the above very interesting, also remember Andrew Bell discretely added a significant amount of shares recently, one suspects there is a valid reason and that, it is most definitely not a negative one.
If a liquidity event is RNS'ed there is no way anyone would be able to buy at current levels, worth remembering !
DYOR etc
I wonder if they've now finished drinking the Um-Bongo!
Volume building again. Is it finally happening?
Credit where credit is due, for the first time on this board you have actually been.....Helpful, let’s hope you’re on a roll
People need to read stuff.
His son runs a TSX listed royalty company that has just merged with Altus and is valued at about CAD 120mil.
Prime Resources Ltd with the charge is a Gibraltar company; its says so in the charge at Companies House.
The Prime Resources Ltd in London is an IT company unconnected with Prime Resources Ltd Gibraltar or with RRR or with Andrew Bell or with his son. There is no link whatsoever. It is just a complete fluke that the principal's surname is Bell.
If you go on Companies House Gibraltar you can check out Prime Resources Ltd Gibraltar.
DYOR
Clearly there is a delay. It does not take this long to receive an Arbitration decision. IMO this goes back to a lack of disclosure by RRR about this arbitration process-who is doing it, who are the parties, rights of appeal etc.
I dont know but it was a fairly serious accusation by helpful who has also stated that he has a personally significant investment in RRR. Why say something negative? unless he wants to hurt the share price or create some selling so he can get a better position. Thats why no one should rely on these messages at face value. DYOR and form your own opinions
We know AB will say anything to string us along. I just want to know where is the Congo money?
The initial posting had the son as Ross Edward Bell - who was attached to the company providing the loan.
The posting by helpfull was for a Fredrick Bell.
Seem like different people. Anyone know
Or it may happen. No one really knows. Just like helpful
All I can say is. It's not going to be weeks.
From the info I'm getting...it may not happen
Reeb you will be waiting more than afew weeks I'm afraid
Bad weekend Brainspark? Very different tone to your Thursday messages of "over 2p very soon"