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Helpful. 'It will be interesting to see if he quietly sidles away once RRR has the DRC settlement and cash........'
Totally agree Helpful. Hopefully he would apologise and gracefully admit his mistake and disappear like a real man true to his word.
Will you be doing the same if the DRC settlement and cash doesn't materialise?
Found more on Kilmore from Paul Johnson's POW [JV partner then]:
"KILMORE PROSPECT:
RRAL has commenced work on the EASTERNMOST tenement immediately north of Melbourne. Within this tenement, strong structural folding and faulting identified by historical mapping appear to correlate well with strong antimony anomalism identified in regional ASTER remote sensing data.
In addition, 1st pass historical research has UNCOVERED DONNYBROOK GOLD FIELD, where production from the identified mine was from [sub 0.25m] veins which reportedly returned VERY HIGH GRADES of about 4 OZ OF GOLD [approx 120/gt gold]. FURTHER WORK by the in-country operations team on this prospect is ON-going with a view to determining the structures develop ------AT DEPTH-------AND ALONG STRIKE..." https://www.branduk.net/tag/kilmore-prospect/ 9 Aug 2021 From POW on RRR AUSTRALIA, KILMORE PROSPECT NEXT DOOR TO SUNDAY CREEK.
[I just found this more detailed info].
Comment: TO THE EAST OF RRR AUSTRALIA, KILMORE as above-- is-- SUNDAY CREEK, Southern Cross Gold listed on the ASX with some A$180m mkt cap.
LOL!! no comment'' BTW another large buy just before closed of 29m worth MM still finding it hard to let go'' but i did say this morning that i was looking for a mini breakout so 13.4% seems about right i suppose we mustn't be greedy'' until tomorrow... and what ever that brings
Regards
It will be interesting to see if he quietly sidles away once RRR has the DRC settlement and cash........
Helpful disappointing that you put the DRC cash at the bottom of your list especially as you have a good idea about what is going on.
Maid, it is more if you can drive a dump truck or excavator in 30c+ of heat.
At $2.500 an ounce, I would seriously think about picking up a PIK & Shovel if AB was to do a call up'' all hands on deck LOL!!
Yep a few things that might to the trick:
RRAL CPR and IPO update
BF site report and forward plan confirmation
Despatch of the first wash plant by air
News on the CDI assets
News on the Kenya renewal
DRC cash
Fingers crossed
DYOR
Thanks for that H50'' that is a big help in getting to the bottom of this drought, in afternoon trading, also thanks NEWS'' and you are right, they can't hold us back forever, as most junior gold stock have not got imminent production like RRR most is still on the exploration proving up faze, thanks for all your links and thoughts today HP'' and all that contributed today in keeping us in the hot stock chat on LSE where you need 80+ post a day to get notice..
Regards
Only £10k of stock available currently at full ask then they want a premium, appears to be underlying strength in the share price, get some real volume and it will move fast.
El Limon https://somagoldcorp.com/our-assets/production/#
DYOR
Https://x.com/RRR_RedRock/status/1777340487554273311
Gold currently $2,325 on Goldprice.org.
DYOR
Https://twitter.com/RRR_RedRock 8.4.24 2 mins ago with embedded article.
Comment: Chairman ABell of RRR is cognisant of the gold price rising. As to Maidit308 question, MM's cant hold on anymore and has up the RRR share price +20.87% now @3:24 pm, Mon, 8 Apr 2024 on HL.
Link: https://twitter.com/jmroberge/status/17772601993398785441 8 Apr 2024.
Screen shot shown by Gold Seek, Verified.
Also halting trading in RRR for 2 hours as well i suppose as we get caught up in the wind, could be closer to the truth NEWS'' as we should be at least 100% up by now'' if the flood gate was left open IMO..
ANYWAY the first afternoon trade just come in, making it 22 ? haha I do hope we break the cycle before closed
Regards
Https://twitter.com/EricBalchunas/status/17773317832079921165 Mon, 8.4.24
Relevance to RRR: The above is industry news about gold and RRR has gold JORC and gold projects etc.
Why do I get the feeling again that there is not much left on the open Market, and that we are in the NT zone, when it goes quiet for 2 hours ? and seems to be stuck at near 22 trade again LOL!! BTW those x2 5m trades @ 0.06 + look like orders from this morning but can't be sure
any Idea ?
Thank you for Sunday Creek, Victoria, Australia |Presentation, Mar 2023. Institutions hold Southern Cross Gold, ASX, Australia inc Templeton etc.
LOOK AT PG 8/25 : SEE SUNDAY CREEK ---SEE NEXT DOOR IS KILMORE RRR AUSTRALIA.
Pg 11/25: 11KM mineralised strike.
Pg 9/25: 700m depth [My comment: Victorian miners in 1800+ could only reach to some 100m+]
Comment: So, anyone putting in £1,000 in RRR in 2010 would have got a potential return of £100,000. [0.25p to 23p @RRR 2010]. Even £100 would have turned into £10,000 then.
Today, RRR has a mkt cap of some £2.3m @0.06p/0.07p. To obtain the same potential multiple, it would need to go from £2.3m to £23m , then to £230m for the same effect as 0.25p to 23p [Paul Johnson tweeting a few days ago about RRR in 2010 as above]. HOW? WELL, ANY TIER 1 PROJECT would be in that sort of region as norm.
Any in RRR ie of that sort of potential? Yeah, a/c to me, IF RRR AUSTRALIA 100% achieved what SXG is at given their mkt cap of some A$172m just for 49%, then I think RRR Australia 100% in Victoria, Australia NEXT TO SUNDAY CREEK could be that potential. One never knows as Paul Johnson tweeted above a few days ago. DYOR. NIA. Mon, 8 Apr 2024.
RRR +18% after a buy of 31m for £19k this morning [0.06/0.07p , mkt cap £2.3m]
Paul Johnson: "I wish you well ---ONE NEVER KNOWS." [further to the above].
https://twitter.com/pauljohnson9691/status/1775637697547104662 Paul Johnson, 3 Apr 2024.
Comment: On the other RRR forum, they know about Paul Johnson and one told me Paul also posted on their site. Paul was working as an Accountant in an insurance firm as a loss adjustor. In one interview, he said he had very little capital and from recall I think he said £12,500? RRR gave Paul a life changing experience. So, I heard in one interview Paul talked of his portfolio. Any wonder why - the rise in RRR was so spectacular ie from 0.25p to 23p.
Hmm, I wonder IF ....Mon, 8 Apr 2024. GOLD PRICE $2,243 a new RECORD high last night. RRR +18% with a big £19k buy of over 31m shares this morning. RRR Mkt Cap: £2.31m @0.06/0.07p.
Link: https://hotcopper.com.au/asx/sxg/ Sunday Creek owner, Southern Cross Gold, ASX, Australia.
Sunday Creek has a 8km strike and still drilling only. Raised A$10m on 4.4.24 to drill Sunday Creek, Victoria, Oz.
RRR Australia has just consolidated to 100% at Victoria, Oz taking over 49% of POW share.
To read about KILMORE, RRR Australia - see my post earlier about Paul Johnson commissioning a geo to find out if Sunday Creek mineralisation EXTENDS to RRR Kilmore next door. It appears from a presentation by POW which I posted a link to, it DOES? LoL, despite raising A$10m+, share price of SXG KEEPS RISING AND MKT CAP NOW A WHOPPING A$181m JUST AS AN EXPLORATION CO STILL DRILLING. Kilmore, Victoria was a GOLD mining town and when the gold ran out, they moved NEXT door to Sunday Creek, and this also became a gold mining town.
--------------Isnt AB, Chairman of RRR prescient over consolidating RRR Australia to 100% via taking over POW's 49%?---
Mon, 18 Apr 2024.
Link: https://www.sharecast.com/news/aim-bulletin/red-rock-reports-progress-in-burkina-faso-drc--16555344.html Fri, 5 Apr 2024, Sharecast.
"A team including technical partners was currently on site at Bilbale. THEIR ASSESSMENT ---RE-AFFIRMED-- earlier findings regarding grade and potential, aligning with the co's strategic direction outlined in previous communication. Notably, the imminent arrival of the WASH PLANT expected via air transport , SIGNIFIED THE START of OPERATIONS with expansion to multiple locations in the near future. The team on site will be preparing a REPORT giving further detail that we hope to share with the MARKET AS EARLY AS NEXT WK.
DRC: RECENT DISCUSSIONS WITH FORMER JV PARTNERS HAD LED TO POTENTIAL CONSENSUS ON RED ROCK'S POSITION, RAISING OPTIMISM FOR A SWIFT RESOLUTION."
Gold to surge to $2500, UBS predicts HP'' i think you and I see that figure from 2 weeks ago in one of our post and 3k an ounce by year end ?
FKN HUGE for small low volume miners just starting out like RRR with low MC
Regards
When RRR starts to move up it moves quickly !
This could easily double/treble from current levels on modest volumes.
Current market value barely £3m !
Https://twitter.com/MerrynSW/status/1777283483208929353 Merryn Somerset as above.
Industry news for RRR ---RRR has mainly gold JORC and gold projects.