George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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INTERESTING that we are on track for 100post by 10.30pm tonight and 5th in the most chat list on LSE FOR THE 3RD DAY
that is a huge vote of confidence by Me and the investment community as a whole, regardless of who is trolling us we are been noticed and that is all that matters..
GL to all that contributed to this quest today
see you guys bright and early tomorrow,
I saw a running side post and decided to go to that forum to see what they were discussing on GOLD. As I said earlier, everyone on these forums are looking for GOLD projects in their junior resource co. I cite from one new post on GOLD M & A:
"[1] Chesser Resources purchased by FORTUNA Silver Mines Inc in May 2023 for ==US$60M, 8 6 0k oz of gold @1.77g/t au gold.
[2] Oklo Resources purchased by B2Gold Corp in May 2022 for US$66m, 6 6 8k oz @1.83g/t au gold.
I think the above is Senegal. I will check later after dinner. However RRR has Mikei Gold, KENYA @1.2moz JORC gold.
See , everyone, like Paul Johnson said is looking at their gold JORC and M & A to see what the last Pitchbook was.
P.S. I am not going to go and explain British systems so not reply to spec etc. Takes too much time and it is easy to check for self on anything to do with British systems. On Australian forums on stocks or American , no one will reply since everyone knows each one can find out if they want to.
Thanks Robins.
I don't know whether you have picked it up but News thinks I posted [ then deleted] a post where I used the word Mbele.
Apparently a town and surname in DRC. He has then concluded I work for KPMG in Kinshasa and HS0 thinks its all part of a master plan to ruin RRR and stop them getting there hands on the $430m. A file is being prepared for Mr Bell and I'm for the high jump.
Forgive me for taking whatever News says less than seriously !
I think the most dambing thing Helpful has posted is that AB is going to FASO as he only trusts Sam and the other lad with the gold. It indicates as ever with RRR a lack of governance, shoestring operations and impulsive actions and sorry to say it tin pot scale. How he can talk about Chairman trust issues on the ground and the scale and size he is boasting of in the same breath amazes me.
Still I could be wrong
LoL Robin. Maybe, you dont check Twitter but one asked DL to sell his boat to buy RRR shares!!! See, if one has to sell a boat , then maybe the person tweeting doesnt think that DL is in the category of buying RRR shares without selling something. So, Robin, if you are on Twitter, there are only a few people who are HNW which everyone is cognisant who they are. That's why I work on that hypothesis of potential HNW's which EVERYONE KNOWS ABOUT. It is public info and these folks have given interviews BEFORE and they let it be known their wealth. Hope that clarifies. Mon, 8.4.24.
Re New's comment about Rick Rule and LARGE GLOBAL FAMILY OFFICES,
That global interest in gold stock is great but if you believe that non UK residents can not buy RRR's shares is it relevant?
Are RRR's shares able to take advantage of this global interest if buying RRR's share is limited to the UK (as you previously stated)?
for the record I believe it is possible but admittedly not everyone has a brokerage account that allows this
I dont know for sure Robin who the HNW is who bought 31m + 29m shares of RRR today for £19.99k each x 2. If the total was not exactly £19.99k, I may not say so but given it is the same SUM spent on buying, then possibly, a HNW. That is rather obvious to anyone that been on these forums for some time, over the years.
Why do I say, it is not a ordinary mortal? Does anyone have £19.99k x 2 to spend in 1 day? Why? That is a lot of money. If one has £100k in the bank, one cannot spend £40k in a day as that is 40% of liquid assets. So, whoever bought has at least $500,000 in ze bank alone. I and others will be watching in the next few days to see if this possible buyer will buy more and it will only require about £29,000 to become a 3% TR1
PJ's tweets of last night [10 linked] relating to the Junior Resource market has not been taken in?
I cite a bigger name: RICK RULE: " Rick Rule sees gold miners THRIVE when they find an independent investor constituency. He is referring to LARGE GLOBAL FAMILY OFFICES, not the Canadian investment banks and traditional North American gold mining investors. That constituency is out there, RICK TOLD me." - 8 Apr 2024, Mon .Tweet by Tommy Humphreys Verified [Ex Founder CEO.CA [sold '21]. https://twitter.com/tommyhump/status/1777357487429296437
Comment: On Fri, RRR shares went up +14% region from recall after the RNS came out. Today, RRR rose +18.26% but was +20.78% earlier. Why? No RRR RNS today except TWO LARGE BUYS OF 31M +29M , both at £19,990 each x 2 = £40k.
So, obviously , a HNW and how prescient of Rick Rule to know that the HNW are entering gold junior stocks or gold miners. Why?
MORGAN STANLEY COMMODITY OUTLOOK , 3 QTR 2024:
" BULLISH ON GOLD, COPPER SILVER & NICKEL."
"BEARISH ON URANIUM."
https://twitter.com/K3rry_Sun/status/1777123960502767823 8 Apr 2024 [Screen shot of Morgan Stanley Commodity Outlook for Q3, 2024].
Banburyboy News thinks that he may know who the HNW is that has made these two large trades. We shall see.
We will see if they hold up trade again tomorrow to allow this buyer to scoop up some more before geologist confirmation before Friday hopefully'' but if this buyer is after a huge lump, the NOMAD may hold things up until he has finish who knows ? if he is looking to invest, then they will bring TR1 RNS first for sure, HOPE NOT'' as all this getting in on the cheap by holding up trading in the middle of the day and holding up good news just for these greedy BSTRD that will sell on decent rise and drop the price has got to stop'' and not only that'' people buying 50 odd mil worth in a day has got to be checked out so not to let in shorts at a time when the SP is just starting it's growth cycle, as this person could be disruptive to the CO growth in the future
Regards
Robins I have News on [ so don't know what he says but can guess] the 20k trades are probably bed and breakfast ISAs or SIPPS first day of the trading year.
If I'm right let's hope they get a gain
1,000 ounces a week now Helpful - never short of hyperbole dreams and aspirations. I won't add that to the list and hold you to 5,000 net to RRR.
We watch and wait.
As I have said many time Bell could fall in a barrel of nipples and come out sucking his thumb.
The obvious weakness with FASO is the lack of any written agreement of the parties as identified by Talkinto. It's tailor made for a dispute to develop. Let's hope not !!
One swallow doesn’t make a summer ….lol
Nice rise today, let’s hope it’s got sone substance to it and not is not gonna be used to get a placing away !
Doggie, as I said earlier, for someone standing on the sidelines, you are pretty gobby.
Another gobby one was Dukey: he said he would pay £1,000 to a charity of my choice if RRR ever got the Kenya licences back and they did but of course he never paid, because as he said at the time, "I am a man of my word". He also told me that Musonoi had no value and no one would be interested in buying it just at the time Glencore was lining up to buy it for $430mil.
So why do we do the same with you? You agree to pay £1,000 to charity when the payment is confirmed but never do because you too are a man of your word? I will sit here quite happy knowing I am right and that in due course, the deal will be done and monies remitted.
We could also do the same thing when BF is doing 1,000 oz per week but again, because you are man of your word too, you will never pay but still drone on about being on the sidelines.
Woof!
DYOR
PS I did explain to Dukey, his legal analysis of Kenya was wrong and that is why it was obvious that RRR would get the licences back.
Obvious that it is not an ordinary mortal buying the above 31m + 29m RRR shares today for £19.99k x 2 =£40k approx on Mon 8 Apr 2024. It is interesting the buyer who BOUGHT EXACTLY £19.99K in the morning and afternoon. Obviously, I have PROVEN that those who are well heeled are not followers of naysayer ? Anyone that has that type of money is expected to have independent thinking and more importantly, an ANALYTICAL MIND. I think I know who it could be given there are only a few candidates who would be in that group of HNW. LoL. Mon, 8 Apr 2024 @5:15pm.
RRR was +18.26% so in comparison with say other gold juniors, it is a large rise. Mon, 8 Apr 2024. [Answer to question.]
31m this morning 29m before closed, I take it someone is building a stake in one of these prospect ? and that's why no CNT co get any to buy for 2 hours because they took the FKN lot LOL!! and i think that's what H50 was on about when he said only 10k worth left at 0.07 ?? HNW or a JV incoming ? a TR1 to say who has been building for the past few days ?
who knows''
looking forward to every day this week THO'' and to any of those RNS on HP list of possible...
I am PLEASED as punch that RRAL [Australia] CPR & IPO is on top of your list.
Rather obvious now that Southern Cross Gold on the Australian ASX is going gang busters rising to a mkt cap of A$180m even after just raising A$10+ a few days ago. RRR AUSTRALIA 100% AT KILMORE, VICTORIA -------NEXT TO SUNDAY CREEK--------will certainly make A.B's GRAMPS proud. Why? A.Bell said his Gramps was a miner in Victoria, Australia.
Nice. Mon, 8 Apr 2024. [So, Sunday Creek property is hot and given what I posted from a new source about Kilmore RRR 100% which is next door to Sunday Creek and Paul Johnson's work on Kilmore below posted today by me from Brand.]. Gold has NEVER hit $2,400 before so GOLD is in the news with central banks buying etc , not withstanding the news from China posted earlier about 30% premium for Gold ETF until trading had to be halted. DYOR. NIA.
News would have hoped we went up more on the back of those two large buys. Can you suggest any reason why?
To be fair AIM
I am on record as saying
- $5m net and more from DRC and I will apologise.
- if we see 0.2p again for a consecutive week I will retire.
- Lithium is my favourite I'm not sure the 200 tonnes exists and was just a let me down for the mugs after the hyperbole. I will.masively apologise if it gets exported.
Helpful will promise nothing.
Thought I would give the cheerleaders a day in the sun today. They need it :)
Maidit308:
This morning [8:15:46am] , there was a 31, 229, 765 BUY [I checked it via the London Stock Exchange site to confirm] and the buyer paid £19.99m approx. I said to myself that IF, my thesis is correct, then the buyer may buy more. Why? Its quite a typical pattern that buyers try to buy in tranches so as to be able to buy without notice of others or else they have to pay more as norm. RRR mkt cap is around £2.3m which means that one needs £230,000 to get a 10% stake and 3% would require £69,000. Now, close to closing time, another BUY HAS SHOWN UP of 29,619, 259 at 0.06p/0.07p spread totalling £19,999 @15:21:34, Mon, 8 Apr 2024.
So, interesting that the BUYER bought TWICE , first time 31m shares and 2nd time today, 29m shares , EACH BOTH TOTALLING £19.99k X 2 = £40k. Lets see if the buyer picks up another £19.99k which means a potential TR1 holder at 3% approx. I did NOT want to mention this until the stock market closed today at 4.30pm. Now it is 4:55pm.
Helpful - I'm far to interested in this share to do that. I also need to keep you the insider in line
- 1,100 tonnes per hour
- $550 costs
- 5000 ounces.
1 - 5 million tonnes from Tin Hill - why would the Chinese show up otherwise.
This share and you in particular are comedy gold.
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........