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Red Rock Resources Share Chat (RRR)



Share Price: 0.185Bid: 0.18Ask: 0.19Change: 0.005 (+2.78%)Riser - Red Rock
Spread: 0.01Spread as %: 5.56%Open: 0.18High: 0.185Low: 0.18Yesterday’s Close: 0.18


Share Discussion for Red Rock (RRR)


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Ladeside
Posts: 3,986
Off Topic
Opinion:No Opinion
Price:0.21
Still not getting this ?
7 Oct '14
Surely RRR / FPM are not involved in this as the deal is between NMCL and PRIZE ?

I'm reading this as our deal with NMCL has been concluded as per the previously reported terms and all subsequent deals are between NMCL and PRIZE ?

Is this not correct ?
 
rrrRRRrrr
Posts: 8,507
Off Topic
Opinion:No Opinion
Price:0.21
Colin
7 Oct '14
Not much. They look like a shell TBH. They have a small mcap. New directors.
USbrokerdesk
Posts: 95
Off Topic
Opinion:No Opinion
Price:0.21
Finishing SP tomorrow .30?
7 Oct '14
What do you think guys?
rrrRRRrrr
Posts: 8,507
Off Topic
Opinion:No Opinion
Price:0.20
Mrmagic
7 Oct '14
Did you take arms length as a bad thing? Silly lad.
USbrokerdesk
Posts: 95
Off Topic
Opinion:Strong Buy
Price:0.20
BIG TICK UP TOMORROW
7 Oct '14
Great times ahead here.
colinH100
Posts: 270
Observation
Opinion:Hold
Price:0.20
Re: Article
7 Oct '14
Do we know anything about "Prize"? Do they have sufficient resources and a track record? Their website is still under construction.
rrrRRRrrr
Posts: 8,507
Off Topic
Opinion:No Opinion
Price:0.20
Mrmagic
7 Oct '14
Lol. This is what arms length means in this regard.

The arm's length principle (ALP) is the condition or the fact that the parties to a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to arrange an equitable agreement that will stand up to legal scrutiny, even though the parties may have shared interests (e.g., employer-employee) or are too closely related to be seen as completely independent (e.g., the parties have familial ties).
matlot
Posts: 13,673
Off Topic
Opinion:No Opinion
Price:0.20
View Thread (2)
RE: re:article
7 Oct '14
mrm if you are that worried why dont you go and find out instead of moaning all day every day - phone bell up or email him and do something proactive for a change - thats what others do
MrMagic
Posts: 7,415
Observation
Opinion:No Opinion
Price:0.20
View Thread (2)
re:article
7 Oct '14
"Prize and its directors and officers are at arm's length with NMCL and Four Points"

"The holders of remaining 39% of the outstanding shares in the capital of Four Points are at arm's length to Prize and its directors and officers."

Doesn't exactly sound encouraging.
MrMagic
Posts: 7,415
Observation
Opinion:No Opinion
Price:0.20
Article
7 Oct '14
"Closing of the Transaction is subject to Prize completing a restructuring of outstanding amounts owed to shareholders of Four Points "

What outstanding amounts are these then?



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