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£9k is a “big trade” to you? Wow - that’s sad. You will say anything here - and the fact is, the share price has gone from 0.15 to 0.47, a steady and worthy rise, but you paste the same garbage. By putting people off you have ensured some have missed out, but the gains with concrete news are to come. Good luck all - the tide has truly turned here
lols and there it is as predicted
A late reported sell of 2 milllion that actually occurred at 09.09 in the morning but not published in the list until after 16:15.
It gets so old here
There is obviously lots of history with this co that doesn't sit well with some investors.
Perhaps the JV with POW will be the catalyst that RRR needs.
RRR has lost 50% of it's value since just 2018 so why you are desperately harping on about 2013/2014 one can only guess.
I realise you are totally locked in here and desperate to get your money out but do try not to make it so blatantly obvious. It's embarrassing TBH.
The downward trend of RRR since 2018 is plain to see on the chart. I hope you recovered some of your losses by buying the COVID generated dip as I'm sure many did. However we are now simply back to where we were before COVID, languishing at 0.45p levels and unfortunately second waves of the virus are hitting the world and are dropping share prices again. Forgive me if I don't rush in and buy shares in this POS at this level won't you. For one reason markets are dropping again and I'd be quickly left holding the baby imo and for another there are so many better good strong stocks out there to buy on the market dips rather than this farcical lifestyle Bell outfit. Ramp on old chum.
DYOR
Hey Tragic,
can you explain to me why losses from 2013/14 have anything to do with what is happening now? Most of those losses were from the write off of assets that are no longer owned. With regards to admin expenses, RRR used to be a much larger business with several geologists employed: I believe 6 geologists at one point. What does the admin expenses from 2013/14 have to do with what is happening now? I know you like to post the same things from 10 years ago again and again but this is the stock market perhaps you can give some detailed insight into the current assets?
DYOR
I'll be watching for the late reported large sells that seem to happen to often here. Trade list simply can not be trusted imo.
A reminder of the terrible track record here:
From Annual Reports:
2012 - Loss of £1,962,882 --- Cash raised £4,441,844 - Admin £2,275,786
2013 - Loss of £22,105,562 -- Cash raised £4,103,795 - Admin £4,751,948
2014 - Loss of £4,113,460 --- Cash raised £2,723,861 - Admin £1,563,808
2015 - Loss of £8,411,541 --- Cash raised £2,327,377 - Admin £1,334,404
2016 - Loss of £283,280 ----- Cash raised £1,155,323 - Admin £758,351
2017 - Loss of £1,114,213 --- Cash raised £300,000 --- Admin £644,688
2018 - Profit £78,120 ------- Cash raised £421,668 --- Admin £849,518
2019 - Loss of £1,723,881 --- Cash raised £853,089 --- Admin £591,777
Total Losses above - £39,792,939
Total Cash Raised - £16,326,957
Total frittered on Admin - £12,770,280
Clear to see where the money goes and why there's seldom any shareholder value. So many better shares to go at imo.
DYOR
Sad to see the one man ramp team so desperately and fervently pumping this awful share. Helpful has lots of money locked in here with the £1m outstanding CLNs which have now been rolled over for a 3rd successive year instead of being paid off. The conversion price had to be lowered from 0.8p to 0.6p last Dec to give the holders more of a fighting chance of converting and getting their cash out imo. Helpful is clearly desperate to get to 0.6p.
Posted by Helpful Aug 2018:
"CLNs capital plus interest of 10% pa convert at 0.8p. If I hold till December, it gives me an effective conversion price of 0.71p plus the warrants. If the price is around 0.8p or lower, I can take my cash back. If the price is higher I can convert and hold or sell, whichever suits. I expect I will be converting but who knows? "
The SP at the time was 0.775p since when the SP steadily tanked down to 0.45p levels. Poor Helpful was well locked in with no chance of ever converting his CLNs. Hence at the last yearly rollover the conversion price was lowered to 0.6p.
Since Jan when the COVID crisis hit the SP dropped dramatically along with countless other stocks and here it went down to 0.16p levels. The SP has now simply re-balanced to where it was before the COVID crisis, back to 0.45p levels.
This is all evident on the chart here imo which shows the steady downward trend pre-COVID:
https://i.postimg.cc/q7yqYh3v/RRRDownward-Trend.png
The pump and dumping is poor to see but nothing out of the ordinary with shares like this. Those who bravely bought shares in any company) that had been quickly decimated by COVID will have been rewarded by the eventual recovery uplift. I was one such person but I sure as hell didn't do it with POS stocks like RRR. I backed good strong companies with good management and huge long term prospects and was handsomely rewarded. The markets are now once again starting to plummet due to second waves of the virus appearing. Don't get caught out imo. I sold a while ago and now lots of stocks are once again being decimated. More opportunities will therefore present themselves.
The SP here has resumed to where it was in January when the virus crisis hit. I can only personally expect that normal SP slippage will continue from this point. Still well done to those that bought shares (any shares) that were decimated by the virus crisis. Just don't get sucked in and left holding the baby. In - out take the profit imo.
DYOR
https://www.africanews.com/2020/07/22/dr-congo-president-announces-lifting-of-virus-restrictions//
Schools, universities and other educational establishments will reopen on 3 August, while places of worship, stadiums, airports and international borders will be reopened from 15 August.
It means that RRR can get on with doing the doings in DRC from around the 15th August. Everything has been on hold since March.
DYOR
Update on Haneti
https://www.investegate.co.uk/power-metal--pow-/rns/haneti-project---drill-programme-finalised/202007271430012021U/?utm_content=bufferc3ad6&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Good for RRR's shares and warrants.
DYOR
https://twitter.com/Gulag_CP/status/1287708926767661059?s=20
https://twitter.com/proactive_UK/status/1287706058023227392?s=20
Posted by Tragic on 13/03/2020 with the share price at 0.175p
"Nothing will ever change here until the BOD go. Just the same old endless "jam tomorrow" rhetoric and continual issuing of confetti shares and CLNS. imo."
"IMO" shows what your opinion is worth: currently up 168% on a mid market price basis since your post.
Migori not confirmed yet and RRAL not in the price either.
Hold on to your hat Tragic.
DYOR
Understandable Hairy. Notable that 13% holder peter Gyllenhammar has also dumped here. Last reported holding only 2.48% so no longer notifiable but I feel sure the large sells will be his remaining holding. The lame P&D attempts here will never dupe me into punting this POS. CLN holders have been locked in for 3 years. Conversion price was lowered from 0.8p to 0.6p last Dec and the current pump imo is aimed at trying to get to that conversion price so they can all get their cash out. There will be a mad scramble to convert and sell if the SP ever gets there imo. All in all it remains for me a total sucker share.
my holding in here after 10 years. 450 from the 7693 I invested. Bell is a complete joke. I have moved it to GLR where I hope to recover some of my losses! Good luck to all that hold here, but what with this and the RGM fiasco Bell also created, I simplt cant take even seeing his RNS releases now.
Gold ground near ECR in Victoria has to be a good thing.
POW and RRR JV looking like a shrewd move..
Good morning Tragic, how is it going?
https://twitter.com/StirlingBridgeR/status/1287655296412901376?s=19
FYI currently 11.90% up.
DYOR
http://www.goldtelegraph.com/the-rush-to-dump-u-s-debt-to-buy-gold/
Are you paid by Red Rock Resources to promote them?
Unfortunately we don't have silver, yet.
https://www.sprottmoney.com/Blog/after-five-years-in-the-desert-gold-and-silver-investors-see-promised-land.html
https://twitter.com/TereaAfrica007/status/1286945171750424576?s=19
Yep 3 massive sells. £20K x 2 and £13.65k
Assume it's Gyllenhammar desperately dumping his remaining shares. He really doesn't believe the "jam tomorrow" BS spouted here I guess. Didn't you have a word with him about the fantastic El Limon royalties ?? lols
And there are the late reported trades Tragic.