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Times is via subscription. But the preamble: "The FTSE 100 was propelled upwards AGAIN on Thur, by its MINING constituents which rose on BOOM METAL PRICES." Fri, 5 Apr 2024. Can read the rest.
Even the Times knows the GOLD PRICE IS BOOMING. First it will be the miners and then it will trickle down to juniors like the last boom. On Twitter, that is what is being said, miners first, then juniors. In Canada, posters on Twitter said that Canadian juniors are also catching the gold boom.
May all you wish for shower you in glory....
Link: https://twitter.com/pauljohnson9691/with_replies 4 Apr 2024 on RRR.
Today, GOLD is at the all time high, never reached before at $2,300+.
"Paul Johnson: I wish you and RRR well. One never knows.2
Who is Paul Johnson?
He was a Chartered Accountant working in an insurance co as a loss adjustor. He used to post on forums and he said he knew who to listen to in the forums. He said in an interview that he had very little capital, some £12k. Apparently, he buy into RRR that went from the 2p area to 23p. Paul has now mentioned the share price of RRR which lends to the Daily Telegaph article but it is obvious that the RRR share price went further than just 2p. THIS HISTORICAL FACT can be wrong since RRR gave Paul his break in life nor can Interactive brokers be wrong in their data of the time. HL gives the most bought ISA stocks and they all know as they have the same data set from the ISA data etc.
HSO you are right it did surge more but more like 20 fold ( not 40) off the back of the commodity cycle in 2006. Yes I was there. BUT it only had 100m shares.
With a 15 to 1 consolidation Bell has burnt through 100 billion shares and accumulated £27m of accounting losses. His brief period in the sun started and ended in 2006. Since then nothing at all.
We now have 3.7bn shares. Warrants and a POW agreement for billion more. So probably 6bn shares. It will never see 0.2p again too diluted
Just a few cautionary points
Burkino Faso has
- 7% royalty tax on gold
- mandatory government ownership of 10%
- 17.5% corporate tax
- uncertain rules against mandated use of a new government refinery
- strict uk rules about remittances [ its on the additional measures list]
- is a seriously dangerous place to do business.
Im here to counteract Lundy posting nonsense about Burkino Faso after the rubbish he posted on ALR.
VUP JV assets stolen and sold to Glencore for $430m, Will that do you FW?
Andrew Bell : "Graduating from Oxford, Anthropology?" per poster below. That is NOT in the PUBLIC domain. Any clarification as Andrew Bell, Chairman of RRR said his legals will help the RRR DRC in that he understands the issue etc. Mr Bell's public and open info is that he IS QUALIFIED IN LAW, LLB.
If you read the Daily Telegraph article MORE CAREFULLY, it tell that the Daily Telegraph took ACTUAL BUYING DATA OF ISA portfolio from Interactive and it was NOT TIPPED BY THEM. Read it carefully-----------BIG DIFFERENCE. So, they have nothing to answer for - they are reporting PORTFOLIO of ISA and which are the most held.
Is the poster a recruiter in the City that saw Mr Bell's C.V and that he got by on accent and ...? Where did this come from. Really interested to know whether this is fact or fairy tales of the City?
Yep, the price here is surging. Record lows, no real interest in our soon to be massive gold production. Why is this? No one believes anything Bell, or his mouthpiece on here, Hapless, says.
Daily Telegraph (lol) has a lot to answer for!
I thought the arch shorter on aim was Tom Winnifirth...a mate of Andrew Bell. Andrew Bell is problematic, otherwise all his brilliant asserts would have been bought out long ago...but hey...carry on enriching these (unsavory) characters...
It is totally evident to me that there is a significant short position in this stock, why otherwise would entities bash, bash, bash and bash away 24/7 for months on end, they are trying to protect their position that's why.
I have been involved with a number of such situations (Kibo was one back in 2014) when entities were naked short, in the case of Kibo the share price had fallen from 15p to 1.25p and then rose to 13p in two days, what drove this rise, the company sourced funds from a third party secretly, the rush to close the naked short positions resulted in sheer panic hence the spectacular share price rise.
Plums like BB and his cohorts will try to rubbish the above however I can read the current situation at RRR like a book, remember RRR shares rose by a multiple of 40 times historically during a gold price surge, oh and what is happening right now, that's right a gold price surge.
Get those shorts closed spivs, remember losses on short positions can be unlimited.
Above article from Daily Telegraph per title dated 4 Sep 2013:
"Four of the most BOUGHT AIM stocks in Aug were gold mining co's, Interactive Investors said. ..Analysts at Interactive Investor put down to the fact that GOLD PRICES had enjoyed a STRONG RUN over the past couple of months. Earlier last week, GOLD HAD ------RE-ENTERED A B U L L RUN after clocking up a 20% return over the past 2 mths. It is currently trading BELOW $1,400. ---THIS HAS RESULTED IN A SURGE IN DEMAND FOR AIM-listed GOLD STOCKS.
The most popular GOLD STOCKS bought for ISA portfolios were : Condor Gold, Amara Mining, SOLGOLD & RED ROCK RESOURCES. ALL 4 HAVE MADE considerable returns over the past mth, with RED ROCK RESOURCES UP +205%========JUMPING FROM 0.4P TO 1.22P."
Comment: Type the above title to read in the search engine. PROVEN WITH EVIDENCE what posters say appears NOT correct below. RRR per the data from Interactive of the time -historical facts vs RRR down in sp.
Seems as if after graduating (Oxford, Anthropology?), AB went to City during commodity super cycle. In the long down turn his actual competence has been put to the test, and, as far as I can see, has been found severely wanting. He has use his accent and hubris to support his (and his family) lifestyle...I hope something comes good from any one (or even fraction) of all the `prospective' assets, which appear as a particular mineral is on the upside. What has materialized from anything he has pumped over all these years. Lenigas is a good partner for AB. Best wishes...don't shoot the messenger....well you can if you provide some evidence!
Hilarious 😂
Has anybody got any examples of Andrew Bell delivering on any project? What about Bells' partner Lenigas?
This suits TRP drilling an appraisal well in july
Welcome Big Boris.
If you have 25m of RRR shares at .2p average, then you will be joining us, other shareholders in wishing and praying that RRR be blessed with the DRC Award $10m and then the further $430m [1/2 would be the $200m mark + interest].
ANDREW BELL, LINKEDIN
"RED ROCK RESOURCES, CHAIRMAN & CEO:
"GOLD JV AUSTRALIA [VIC],
Gold Royalties Colombia.
1.2m oz Gold Resource in Kenya.
JVs in DRC.
Interest in Mn prod, other exploration and royalties."
Comment:
RRR is preparing the CPR to be signed for the Red Rock Australia IPO or sale. Signed as in updating it by new review and signature. If that gets off, then the minimum MKT CAP for listing in Australia is A$20m of which RRR has 50.1% previously before the latest news on 100%. If RRR keep the shares of the Australian listing and RRR Australia is at KILMORE, NEXT DOOR TO SUNDAY CREEK, Victoria, Oz [SXG has a mkt cap of A$175m and still drilling only. They just raised A$10m to do drilling a day or so ago], RRR may be in a good position given Sunday Creek is hot property. SXG only owns 49%. Next door alone is not enough so Paul Johnson commissioned a geo to find out IF SUNDAY CREEK MINERALISATION EXTENDS TO RRR/POW KILMORE, the other 1st mining town before Sunday Creek - it does a/c to POW presentation which I posted.
ANY WONDER WHY A.BELL, CHAIRMAN who's Gramps was a miner in Victoria , Australia puts RRR Australia as his C.V No 1? RRR Australia is in Victoria gold fields. Now that RRR is on Telegram , there are lots more shareholders now and please bless this co so that we may all be blessed. RRR needs it with so much ....by the naysayers?? Sat, 6 Apr 2024. Thank you Boris , a new poster who is here to lend moral support to shareholders [all].
P.S.
Typo: Should read : BALANCED view, not balance.
BANBURYBOY also stated ZUMORE will come along and CONFIRMED WHAT HE SAID. Zumore stated it is A LIE about $430m RRR DRC LITIGATION loss. RRR 28 MAR 2024 RNS , 1/2 YEAR A/C STATES: "SEVERAL MILLIONS " AND $430M IS CITED IN THE CLEAN CAPITAL BROKER REPORT ON RRR DRC. Zumore also states THE MAJOR got MUSONI with their legal team making sure it is legal? All contradicting RRR RNS and the legal counsel that RRR consulted -all in RRR RNS, 1/2 year accounts/report of 28.3.28.
Hmm, not replying any more to the named.
hi ppl.
been reading this board for a few months - finding it a little puzzling.
got a small stake here (25m @ .2p average), so sitting on a loss, but that's not unusual for my micro cap stocks which tend to be super volatile.
so i have an interest in this going north, but irrespective of this, and putting my 'neutral' hat on, i don't understand why there are people on here talking this down day in day out, from 7 am til dusk, etc, like every single day!
i mean is it not too much..? like kind of obsessive? it seems to defy logic - since there are so many companies out there in the mini resources sector which have similar type share price charts + upset/ ****ed off past investors - and i don't see a similar amount of attention in other places that is applied to here.
on the other hand, thanks to these people's input, i can at least half understand why it's fallen so low etc., but given market conditions right now, i'd expect a turn around eventually, and a fairly hasty one at that.
let's see i guess. shout out to 'news' who has made this board a lot more lively. not sure i'd be his best buddy, but mostly because i can't imagine getting a word in edgeways with him anywhere, let alone in the local pub!
OMG Due Diligence. What a great concept!!!
If AB had done this it would have prevented that meeting/Agreement who had no legal authority from VUP.
-Avoided losses from BreX. Enron the list can go and on.
You definitely need to spread the NEWS about DUE DILIGENCE.
Information like this is why I took News off filter.
No time for further posts today I need help spread the word about DUE DILIGENCE
Further to mu 13:32 post on RRR stock forum:
---------"PER BANBURYBOY'S RECENT POST: IN MY TRADE. A.BELL IS A PUBLIC SCHOOL BOY MBELE."-----
Yes, other than https://en.wiktionary.org/wiki/mbele {CONGOLESE WORD] ----
I checked further now that I know that "MBELE" USED BY BANBURYBOY is a Congolese word, it also states:
that MBELE IS A "SUBCITY IN THE DEMOCRACTIC REPUBLIC OF CONGO." It is also A CONGO SURNAME eg "LELO MBELE" per Wikipedia of a Congolese football player and others also have Mbele as their SURNAME in the CONGO.
BANBURYBOY: He said he has been on this forum for 5 years. London South East Member page, on open file states: Joined : "Member since 13 Oct 2020." So, that is not 5 years but 3 YRS+. IT ALSO SO HAPPENS THAT RRR MUSONI , DEMOCRATIC OF ---CONGO--- JV WAS ON 6 MAR 2019 {Proactive ref]. and this is the $10m AWARD ARBITRATION DRC matter of RRR 50.1% of Musoni. Banburyboy was so stunned when I said , NO ONE IN THE UK says "IN MY TRADE" if they are an Accountant as he says he is. I just checked again and I am CORRECT: "DOCTOR, LAWYER, ACCOUNTANT ARE ==PROFESSIONALS==. TRADE = MANUAL WORK IN THE UK AND THIS IS CONFIRMED.
Banburyboy was so stunned by what I said that he went to HARBOUR OIL on the London South East forum to post the title: "NEWS and addressed it to spec ie SPECINVESTOR99 who says he is from Canada? Well, he called me names and puzzled how about why professionals are not "TRADE" IN THE UK. How do I know. When I checked Banburyboy on the London South East, the message to specinvestor99 was shown on page 1 of Banburyboy's posting history on Harbour just to post about "trade" and "news, me to call names." How will spec know how to GO TO HARBOUR TO READ? Who knows but all very puzzling.
HELPFUL -Banburyboy post his real name on this forum inc his profession which no one knew.
MAIDIT308- " calls him names as well etc.
NEWS- " calls me names as well.
HAWAIIFIVEO-Calls him ...x y z.
All the above are having "water" [english understatment ] thrown at us. Why? Only thing that we have in common is shareholders of RRR vs naysayers who say they are NOT shareholders of RRR and post only negative 1 way on RRR.
All of us are BALANCE in our view of RRR.
Lastly, NO ONE KNOWS ABOUT A.BELL, CHAIRMAN OF RRR IS FROM PUBLIC SCHOOL. How does Banburyboy know and therefore, given it is NOT PUBLIC OPEN INFO, where did it come from? Hmm, PERSONAL ADDRESS OF MR BELL ALSO POSTED BY BANBURYBOY on this forum and includes the PROPERTY ADDRESS VALUATION AND LAST SALE PRICE ?
Puzzling is it not? Hmm, I am NOT going to reply anymore to specinvestor99 either.
Interesting. Sat, 6 Apr 2024 [Stock market closed].
News so in summary your position
RRR-no changes needed
Non Brit's buying AIM shares/Brits buying OTC shares- Despite News now stating that buying shares is a personal business News commented that it was not possible for non British person to buy RRR shares.
News does not need to read or learn how to do it because not knowing is acceptable
News Personally I try to keep an open mind and if facts contradict my opinion then I need to accept reality. if you want to try it then read RRR financial disclosures which shows share transactions with non Brits
Https://www.zerohedge.com/energy/saudi-arabia-hikes-oil-prices-increasingly-tight-market
DYOR
FROM BANBURYBOY: RRR London South East Forum.
"IN MY TRADE, MR BELL IS A PUBLIC SCHOOL BOY MBELE."
I was aware that Mbele is NOT AN ENGLISH WORD, just by the word.
Now, Mbele is a CONGO word per the link below for what Mbele means.
RRR 5 APR 2024 RNS: REPUBLIC OF CONGO ARBITRATION AWARD, $10M.
Interesting!!! Sat, 6 Apr 2024.
Https://en.wiktionary.org/wiki/mbele
Interesting. Congolese word.
General understanding here in the U.K. Nothing wrong if one is a tradie at all but to say one is a Chartered Accountant per your goodself ie Banburyboy and then later say, "IN MY TRADE, A.BELL, CHAIRMAN of RRR IS A PUBLIC SCHOOL BOY MBELE?
WHAT IS MEBELE or something like that? I checked but NOTHING COMES up? What is that? You posted Mr Bell's private address on this forum. Then, YOU CHECKED THE PROPERTY PRICE!!! Then you said this and that as if it was some mansion. I called up the picture of the street and it was JUST SMALL TERRACE HOUSES without NO GARDEN and NO BAY WINDOW, so tiny terraces. Terraces in Britain are the houses of workers originally. So, knowing one has to check what someone else is portraying is fact or not, I decided to have a look. Why? At that PRICE POINT, THAT WOULD NOT BE EVEN IN THE MEDIAN OF NICE HOUSES that start FROM....in London. So, cheapest type in the area kinda of thing. YOU SEE, I WENT TO A SCHOOL THAT TAUGHT ME TO CHECK FACTS vs ? So, there is NO EVIDENCE IN THE PUBLIC DOMAIN TO SHOW THAT MR BELL WENT TO A PUBLIC SCHOOL so is that FACT? So, per the Hedge Fund's Guide on Short Reports, they state some are bitter from their losses and will post on forum , media etc due to this grudge. Is that why you check charges on RRR and found none @Companies House and then look at RRR Coal etc. Is that why you said there is going to be MEGA funding at RRR 16 FEB 2024 RESOLUTION 4: AUTHORITY TO ISSUE but NO ISSURANCE TO DATE, SAT, 6.4.24. Then you said, there is going to be "nasty" undeclared LOANS in the accounts. RRR ACCOUNTS CAME OUT VIA RNS, 28.3.24 AND YOU WENT SILENT. Then , when I asked, you said IT IS BELOW A DECLARABLE SUM = not significant. But you did not say so but stated undeclared etc as if...but in fact there is no wrong? SILENT now. So, if you are NOT IN FACT A CHARTERED ACCOUNTANT, let's hear it, is it or not? IF YOU ARE A CHARTERED ACCOUNTANT, THEN YOU WOULD KNOW ABOUUT RRR'S ASSETS AT MIKEI, KENYA at over 700k JORC which First Equity put a VALUATION OF $13M vs £2.04M MKT CAP OF RRR. The valuation was done on over 700k oz of gold at Mikei x US$1,750/oz, and then take over 400k ozs at $25 and the rest at $4 because some are Indicated and others Inferred. TODAY, GOLD IS US$2,300+. BIG DIFFERENCE. HENCE, WHY IF YOU ARE A CHARTERED ACCOUNTANT YOU WOULD KNOW AND ACKNOWLEDGE THAT FOR BALANCE ie RRR has assets to underpin its mkt cap. Hope that clarifies. Keeping quiet means your charges are right but they are not. Sat, 6.4.24. Stock Market closed.