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It is 3:37pm with nearly 1 hr to closing time for the stock market on Fri, 19.4.24/
RRR SPREAD the SAME as 0.055 & 0.06p as yesterday. NO AMOUNT OF POSTING NEGS has changed the MM's minds or mkt? RRR has NOT SOLD at 0.05p, the recent funding price.
So, what is the fuss?
An ex-president of the USA gave a release to CNBC about "naked shorting" on his media co recently IPO'ed. Chairman Bell, of RRR said so on Twitter re: RRR. It was discussed at Toronto PDAC Mining Conference and the regulator has taken note of what the CEO's have said about naked shorting affecting their stocks = loss of $40m. They are going to sue but I dont know the latest update on this. IF share price goes lower via the above, then the funding goes lower as a consequence is it not 101? Just askin. Fri, 19.4.24 DYOR.NIA. Despite the negative posting, one is waiting to buy in LoL? How? If it is x or y, why buy in? Doesnt make sense does it? Can go any cheaper since the last funding and is evidenced so today, yah? Yes, No?
News - I don't actually care what the price is at the time of any future buy in so I'm not here to try and drop the price.
I expect the stock price will likely rise on the company delivering on any one of three threads - gold, lithium or DRC payment. I'm interested in riding a short wave on any of them but preferably the DRC which as outlined by the company numerous times should be close.
I will continue to highlight why I would not punt on this company beforehand though just as you continue to spout why it is so good. It's called balance.
I understand and sympathise that your RRR investment is currently in the red (we've all been there or are still there) and maybe this is blinkering your view - who knows.
p.s where is that report AB stated we should have HOPED to have had from team on the ground in Faso in the last REACH RNS by 10/04/24...another missed target?
Better to under-promise and over-deliver rather than the other way around I find.
Talkinfo
IF the hat doesnt fit, dont wear it is the general rule. No name/s mentioned but it is a general perception that IF those posting have NO shares in any co, the continual posting appears to have some sort of motivation? Motivation as in , in general, trying to save others? They all CAN READ RRR RNS and its FREE on this site. Tell one everything.
SO, CONTRADICTION is that IF not interested, then wait for the RNS to jump in as you say. As for your other Victorian stock , well why not concentrate there or has that been sold. Why? You said you will sell your stocks there and bring £500 over here to buy IF, X, Y RNS comes out. WHO DOESNT KNOW THAT 101? But you must be reading this forum with great interest and isnt it a contradiction that WITH ALL THE WARNINGS or akin to that, you can still BUY on an RNS.? Doesnt make sense is it? I think you know what I mean as it is 101. If X bank is no good, then 1 RNS wont make any difference to the negative any poster perceives will it? I use bank because it is concentrated on financials , as in , assets etc. Today, Co-operation is being taken over by Coventry Building Society. How unusual given the Co-op has been going on for so long and Coventry is relatively newer and besides it nearly went under with $500m debt from what I read but today, it turned it round into a profit of some £132m from recall of what I read. Would one invest say if it was bad? To do so would be a sheet outsider. ? Yes, No? DYOR .NIA.
Yes News KPMG my mob advising the Coventry.
Sort of RTO with smaller company taking over bigger. You followed my accidental post on HBR they are doing similer with Wintershal a German Co
Hope springs eternal perhaps RRR will swoop for Glencore ?
----------------------Talkinfo and et al------------------
Over the years, on every forum, one hears a lot of how the CEO should do this or that. This is also TRUE of bloggers. Today, almost all the bloggers have had their hand in running co's including two becoming a CEO and 1 a Director. One has already folded ie does not exist in current form etc. The other is drilling in Zimbabwe for copper and again , the criticism is now not applied to self? Why? DRILLING COSTS MONEY and the best that can be obtain is Zimbabwe for copper? It is not exactly copper country as far as I know. The other is a director in a goldie and yet has not produced any JORC etc and certainly NOT a Tier 1 for sure.
NEXT YEAR, I understand Chairman Bell comes up for VOTING. As Help said, ONLY SHAREHOLDERS GET TO VOTE and that is true of EVERY CO [listed]. So, do buy £1 worth if anyone wants to vote although £1 worth may not qualify for entry? Maybe £5 or more is sufficient as I have not looking up how many shares it will buy.
IF you guys like, I can inform the NOMAD that a few of the POSTERS ON THIS FORUM say this and that and perhaps they should become the CEO OF RRR if that is what the objective is, of posting continually. THEN, WE CAN PROVE ONCE AND FOR ALL, IF ANY WILL DO BETTER GIVEN NO ONE KNOWS THEM for M & A, govts in Africa or knowing how to negotiate through the licencing systems in Africa or Australia. In theory, it cannot be allowed but who knows if THE RESIDENT/S CAN GARNER THE VOTE OF TOP HOLDERS OF RRR. THEN, ONE WILL KNOW IF IT IS CORRECT X OR Y IS A CHARTERED ACCOUNTANT OR NOT? All have to produce evidence to become a director, never mind a CEO etc. YES, I AM AFRAID THAT TALK IS easy but the proving is harder, is it not? Yes. No. Better still, one shareholder who used to post on Solg has got himself to run a Aquis stock and I see it is going NO WHERE. See, what I mean. But again, there could be exceptions and do let us know and maybe Help can speak to Mr Black and the other two big holders. ??Fri, 19.4.24. The above have tried to prove what they said and everyone knows the results as it is on open file and public info now.
News it's not about running RRR.
It's about calling out the granny mugger Helpful for what he is an insider who gains why all of us including you lose.
I have said many times gag Helpful and the noise will go away.
Banburyboy
You have said so many things that one cannot think all are correct? Why? You tell spec you are ACA/KPMG on Harbour.
Then, you return to this forum and say you worked for the BIG 4 OR 5? Now, you go back to KPMG.
IF, it is true, then as Helpful said that Lesson 1 states the order of liquidation ie liens, loans etc before shareholders. So, why post that on to this forum as it is 101. You post as if it is something new given everyone knows on these stock forums that the shareholders are the last in the line 101. WHAT WORRIED ME IS YOUR INVESTMENT IN REVOLUTION BARS. How can a Chartered Accountant said by you to be working at KPMG @16:16, Fri, 19.4.24 NOT KNOW THAT IN A RECESSIONARY TYPE OF ECONOMY OR NOT IN BOOM TIME, DISCRETIONARY SPENDING ON BARS WILL BE A NO ON?
HOW, THAT IS ECONS 101? Anyhow, you advising on the CO-OPERATIVE BEING TAKEN OVER BY COVENTARY BUILDING SOCIETY is quite hmmmm? That is a specialist job in any BIG 4 ACCOUNTING FIRM. Just an ACA will not do - one distant relative gets flown out from Oz to London to do M & A and is very well qualified, not just ACA. Let's hear what Helpful has to say as he is in REAL LIFE who he says he is. A 2nd opinion. ? Yes, No.
BanburyBOY
As for your post directed to me, it is NOT UP TO YOU, to say who CAN OR CANT POST on this forum 101.
Look up the "CHAT RULES" on your right before one can post.
I recall in 1 of your post, you complained already somewhere or the other outside this forum?
Well, what did the authorities say?
Why did you say, Banburyboy that IF, "HELPFUL" IS "GAGGED" , THE NOISE WILL GO AWAY?
I read the guide on shorting ie the playbook and it states that companies now employ firms to look at posting 101.
So, why dont you contact Mr Bell, Chairman of RRR directly and tell him that you are NOT A SHAREHOLDER but you want Helpful not to post on this site? Mr Black and the other big holders may want Helpful to check that dampers dont get a free run and a friendly party can inform them given they have $$$ in RRR as MAJOR HOLDERS? That is the trend now if you did not know. AH, HELPFUL MUST NOT POST AND WHY NOT? IT IS A FREE COUNTRY? ANYONE CAN DISAGREE IF THEY CAN PROVIDE EVIDENCE to anything posted 101. Yes, No? Fri, 19.4.24
news, they talk through their bottoms.
the reason that rrr got musonoi is down to andrew bell and no one else. https://www.proactiveinvestors.co.uk/companies/news/209771/red-rock-resources-proceeding-to-completion-for-cobalt-and-copper-assets-joint-venture-in-the-democratic-republic-of-congo-209771.html
originally, drc was a tailings deal. we were promised x grade and y volume in the tailings and when rrr then did auger drilling it came up short. we were offered different tailings but they then went elsewhere, contrary to our agreement. 1620 capital (now bring minerals) and vup were for giving up. ab secured musonoi and the other two licences as compensation. at the time there was a moratorium on new licence grants but because this was compensation the grant was considered outside the moratorium. except for ab's persistence and negotiating skills, rrr would never have secured the three licences that were subsequently sold to glencore for $430mil.
he has secured good licences in victoria, zimbabwe, cdi and in burkina faso.
operations is not his skill set. getting good deals and good licences is his skill set. he also good at working through the legal messes that crop up in these jurisdictions.
their assumption is that super star ceo will walk through the door and make the world a happy place. the reality is that all junior mining company ceos get ****ged off eventually. look at ggp both ab and his sidekick pj got ****ged off over that, as did borelli.
dyor
Helpful
Thanks for your post. Its called the BLAME GAME. How anyone could just sit on a 99% loss as some say or appear to say is beyond me. Look at British Bulls as to how they manage the initial $100 and its a site that shows in demo style.
So, IF one does not want to learn, then what more can one do?
As for BanburyBoy, he said his "MOB" at "KPMG" is to advise on a £900m+ takeover by Coventry Building Society of the Co-Operative in news today? Coventry had £500m of debt and was on the verge of collapse but an equity group took it over and is now in profit of £132m from recall. WHERE DID BANBURYBOY GET "MOB" FROM? There is no such notion in MBA. It is MBO ie MANAGEMENT BY OBJECTIVES but doing M & A for the takeover of Co-Op by the Coventry Building Society is NOT MBO , it is M & A. Nothing makes sense.
Yes, I was aware of Mr Bell's skill set and it is clearly evident as you posted the evidence. I am wondering why 2 of the posters here want you to leave when it is posting rules NOT to disallow x or y, not to be on this site's forum and say who can or cant be on this public stock forum? Helpful, they have gone out to find out who you are, your profession, your size , your full name , Mr Black , a large holder of RRR being your client and your local pub is where and he wants to meet up with you after all that he said about you the post just before wanting to meet you in person? All not allowed on this site or any other site on social media. Otherwise why have poster names? That is to fulfil the law of privacy. No one knows for sure your size and unless they have seen you in person how do they know if you are tall, short etc? I do wonder?
News - I'll try to reply to your post (possibly question) directed at me but in all honesty your posts are sometimes hard to digest due to the layout, they do not flow easily.
I believe you are querying my investments???
Yes I am still invested in ECR. I will look to add some more there if it drops under .30 but will look to sell the lot if it drops to 0.25 (my BE).
I only normally like to have small holdings in one AIM stock at a time due to the risk they pose. I don't like holding AIM for long periods either.
I took a position in Prudential earlier this week at 689 as a value trade and now have moved my stop loss to 710 - had hoped for close above 722 today which appears to have now become resistance but will see what next week brings. I have positions in other companies too, mainly financials.
I have stated I will likely buy in here on solid news only... Fool me once shame on you, fool me twice shame on me approach.
My posts on this company are presently on the negative side as apposed to yours, helpfuls, Maidits on the positive side - as I've outlined it is balance.
Those reading in can make there own judgement before investing and sometimes reading through past or present investor sentiment helps with decision making as opposed to reading RNS's which you must admit are always very cleverly worded to insinuate but never ever commit to actual delivery dates... 'HOPE' / 'EXPECT' etc. Hence why they are now mainly on REACH releases.
If the so called current 'bashers' were not here to post and it was just you, helpful and maidit in here the last 6 months then you would only have a new set of disgruntled underwater bashers posting. Ultimately, it is the company that creates the poor sentiment, the bashers are a bi-product of failure to launch. Reverse the sentiment, deliver something and the bashers will convert. Fail to deliver and the bashers grow in number - it's that simple.
As they say...DYOR, good weekend to you.
News, they are just plonkers.
Dukey is on at least his third user name. The last one was deleted, at his request, by admin after making drunken threats to me and salacious/vulgar comments about his wife/girlfriend. He then squeaked that he just wanted certain posts deleted and not the whole account....
The drunken late night comments are a feature but have been less frequent lately.
Anyway, not seen the one about my size.
DYOR
News...reference your comment on 99% loss.
It's easy to judge others but what is your strategy if RRR fails to deliver and at what point of % loss are you going to exit your investment if it occurs?
I imagine you are definitely into double digit % loss already?
News let me tell you how someone can sit on a 99 per cent loss. Initially I had faith in AB. I spoke to him a couple of times and he was very reassuring. I would listen to his project projections and it felt like we were going places. Alas time after time he failed to achieve any where near what he was projecting but I stuck by him as he always had something else up his sleeve. I mean my money is gone but even today people like you listen to him and read up around the projects and he comes over ultra confident. Just be careful and I really hope he gets a few things right for all.
Talkinfo
I cannot see your post as it is at the bottom vs the old style of see it immediately below this post. So, I will try to answer so bear with me. IT IS PUBLIC KNOWLEDGE THAT Theeeeduke said I bought in on the RRR DRC RNS so from my broking account, I am in a small loss position but now that the stock market is closed, I cannot give the accurate % as on the summary the sell is 0.06p. In my time on this forum, I have not looked forward to posting given the negativity. On some forums, it is enjoyable as everyone participates and it is a balanced chat with fellow shareholders. EVEN if they dont agree with me, they have accepted what I said - Bird has just sold their gold op in Momzambique for some US$15m and they are upset over it. Bird told them about JV's but they are not listening given that country at the momo has some rather serious issues. So, its a GREAT achievement to sell as in a JV there is no lump sum. So, the other partner bought them out. They have now come to accept it BUT they never chided me for my view which in the circumstances was a very good result. PJ cant even get $900k from the sale of the JV licence, so $15m is big money in comparison. FOR THE AVOIDANCE OF DOUBT: READ MY POST VERY CAREFULLY. I DO NOT JUDGE ANYONE FOR NOT SELLING ANY STOCK UNTIL THEY HAVE LOST 99%. Why? At some time or the other, IT CANNOT CONTINUE ie this type of strategy. The London South East provided a MINING EXPERT INTERVIEW FOR FREE AND IT WAS POSTED ON =========EVERY FORUM===AT THE TOP SO THAT FOLKS CAN BENEFIT. It was NOT SPECIFIC ;to any 1 stock so the London South East has to have paid for it on their own and not company sponsored by any AIM co. That interview by this mining expert said that in a COMMODITY BEAR MARKET, THE STOCK CAN FALL 99% and therefore, in theory $100,000 =============BECOMES £1,000=====A LOSS SO LARGE THAT EVEN EATING BAKED BEANS AND TOAST FOR THE REST OF ONE'S LIFE WILL NOT RECOVER IT ALONE. ========NO ONE CAN SAY, THEY CANT LEARN AND IF THEY DONT, THEN THE LEARNING CURVE IS GOING TO BE VERY STEEP or dont buy AIM stocks or learn before jumping in. QUEEN ELVIS , a long time poster said, GO TO EVERY FORUM and READ FOR FREE and learn before making mistakes. PJ did the same on forums. I SPEND MY TIME UP SKILLING as a lot of what one has learnt is no longer current. Like how? Helpful said that at RRR Australia, A B did "STRUCTURE" drilling and it is NOT FOR GRADE OR INTERSECTIONS ETC. Perhaps Helpful may not be aware that I follow ASX stocks ie the JV partner and I know that 1 legendary CEO of Galaxy now sold for billions is the Chief Technical Director and he did "STRATEGRAPHY " DRILLING just like what AB did which is cheaper to get to the root of the modelling. But in the stock you expound , they appear not be be aware? I DONT SLEEP AND IN THE NIGHT, BY OSMOSIS, STRUCTURE DRILLING gets into my head. I have to learn and upskill. I check every conceivable info on project and the near neighbours and I watch videos
VIDEOS of gold production ie from FASO primitive artisanal to Parker of Gold Rush with a more mechanised approach but not high tech. I post links so others can watch. Folks made fun of what Willem , the Chief Geo said about RRR FASO and he is correct given the ore is all around them that the antisanal miners left. This is the same with MAKO , neighbours to RRR. BUT IF ONE DOES NOT WANT TO LEARN THE MECHANICS OF INVESTING, WHAT MORE CAN ONE DO? IT IS ONE'SAVINGS and one has to be RESPONSIBLE for one's own investment. IT IS ALL FREE THESE DAYS.
As for Robin, NO, it is not easy for me to spell it out as it is tough medicine but everyone has gone through it at some stage. IT IS IMPOSSIBLE THAT ALL INVESTMENTS HAVE TURNED OUT - it is against the law of statistics and very rare to have 10/10 wins. One will have hear of CUT YOUR LOSSES AND RUN YOUR GAINS -easier said than done but one has to start somewhere. In posting the unpleasant truth, I am hoping better times will come to those who have lost. On ADVFN, many have posted how they lost a chunk of their SIPP and how they turned it round by learning. Life is a learning process and true of many things. Robin in telephoning Bell should not have just stopped there but should have done more work on it. I was in Solgold and I dont ring Mather or contact him. I look at the GEOLOGICALLY MODELLING AND CHART EACH OF THE INITIAL DRILL RESULTS to see if this comes in with the prognisis of Dr Rohlach's geological modelling. So, learning geo is not difficult either if one just keeps to a few commodities. I only know more about prophyries as I follow that more. I know little about uranium , platinum, etc and I dont go into areas I am not familiar with. I had to learn as that is NOT taught in any course ie Finance etc. Sprott also learnt and so did Rick Rule. Moriaty is the same and he was a former vet [not animal vet but army]. I ask Helpful and he has been kind and generous and even then, I already know quite a bit about the RRR project , DRC and need fillers to fine tune. When do I exit my position in RRR.? I CONFIRM THAT IT IS NOT DOUBLE DIGIT % - IT IS OBVIOUS THAT IT IS NOT DOUBLE DIGIT but very small is the % loss. It is the spread basically. Hence, why I spend so much time and posting to ask and find out. IF THE LOSS WIDENS to the next +5%/8% region, I will review again. And so forth but certainly I will not be letting it run to 99% loss. I may revisit and KIV. That is general info and applicable to every stock. Hope that clarifies. The only unknown is the DRC - I cannot tell if there is more at play given that it is big money for the defendants 101? Not a simple case of £100k but it is also something that is of greater implication ie $$$ to the potential losers given it is $10m and potentially $430m @RRR 51%. That is something I will have to find out more about.
Robins, the RRR share price rose to 1.30p - 1.40p in anticipation of the Greenland asset selling in the late summer of 2013. As you know many bought in around that price.
Just over two years later in the winter of 2015 the share price was below 0.02p and Red Rock were announcing a 25-1 share consolidation.
So in little over two years the Red Rock share price was over 65 times smaller and many Red Rock shareholders investment got decimated.
So when some express surprise to you they do not realise how fast the Red Rock share price collapsed.
Helpful
Since you have NOT seen comments about your size, I recall it was the Chief Resident who said you were FAT.
As in.? As in sounding you looked like Hardy? No one calls anyone "fat" unless it is really "fat." Most people are over-weight if one measures BMI. So, what is average to the common man is not necessarily means tested medically.
So, it is a bit strange to mention your "size" ie fat. How does a poster on this public forum know that? They can only know if they have sought you out or seen you. But then again, how can they know since they do NOT LIVE IN YOUR TOWN or near your OFFICE? How do they know where your "LOCAL" ie PUB IS ? Too many personal details, hence I run it through with you to CHECK whether it is FACT or FICTION? I did not want to ask but the answer will tell us shareholders if there is veracity in what is being posted? Some have so many different versions of their x or y that it becomes impossible eg how can the resident say he has been on this forum for 5 years when the official date of joining to date is 3 years. Then, the resident forgets and gives a date he bought in at RRR 18 years ago? I checked Linkedin and RNS of RRR and found that it was at ADMISSIONS when Mr Bell was NEVER THE CEO, Mr Watson, the Australian was the MD/CEO. Thanks. The answers are going to be interesting but I didnt ask as it is a bit rude but one has to find out if it is FACT or FICTION.
I am not going to check what Zumore said as it would take ages to FACT check the share price chart and check RNS of that time. IF , it is correct, that the share price collapsed, then it doesnt collapse OVERNIGHT as a rule but there are signs of DOWN 5% and that already spells, check if it is against the general trend. GREENLAND? IT IS COMMON KNOWLEDGE WHAT THE WEATHER IS LIKE THERE AND THERE IS NO MINE/S there except one diamond or something like that. So, does that not say, tread carefully and watch AND CHECK PEERS? I am going to let Helpful answer that one as it is so long ago and I was NOT here. I have to rush for dinner.
Helpul re comment about AB getting 'good deals'
What is the basis for your evaluation that these are "good deals"?
I ask because I dont see it. I see deal which require RRR to spend money. IMO the skill level to spend money is rather low.
I dont see any deals done by AB/RRR in which they received money in the 3 years. Perhaps I missed the news.
The post was very clear ie MUSONI, DRC sold on for US$430m + US$20m to be paid to VUP, the RRR JV [501.%]. For these sort of sums, it would have to be a Tier 1 project or upper Tier 2. I dont know all the details of the project size but just looking at the sale price, it would qualify. IF THE DRC DRAFT AWARD IS SIGNED BY THE DRC COMMERCIAL COURT, then it opens the doors to potentially the next claim of $430m [ex interest]. Many posters on forums know that in general IF there is NO TIER 1 DRILLING PROJECT, then the market cap is low/lowish and common to ALL junior explorers. CASE IN POINT: I WILL CITE THE CASINO COPPER PROJECT ---as an EXAMPLE---of which Rio is in. @9.7%. MKT CAP OF co: C$325.47 @C$1.96, 52 wk low $1.27 and $2.56. MONEY IS BEING SPENT VIA DRILLING AND IT WILL NEVER BE CHEAP ie a few thousand. Mkt Cap is very telling the size of the project of the co that owns the Casino project. THERE IS NO PAY OUT as yet but the investors who got in early will benefit from the SP due to the mkt cap. THAT IS THE STOCK MARKET RULE BOOK on juniors. ON, AUSTRALIAN AND AMERICAN STOCK FORUMS, it is NOT like on this forum. EVERY ONE is aware what they are INVESTING IN, what to look out for and each will make their own decisions. NOTHING IS BY OSMOSIS in the night ie info/knowledge drifts into one's head on auto. So, everyone has to learn. The poster is said to be Canadian and therefore why I used the example of Casino that is in the YUKON. Same for RRR & Musoni sold on for US$430m and IF RRR can succeed as AVZ of Australia shortly in the DRC litigation in Washington, what a day that will be but it is not an easy path. The parties have a lot to lose ie $$$ etc. Point answered since Helpful does not want to repeat this answer. NO REPLY FROM HELPFUL, so I take it , the Chief Resident managed to get that PERSONAL INFO on Helpful's size and as I said how did this info come onto a public stock forum? It is not about size but about having to know where Helpful is at @office@home to find out and many of us live hundreds of miles from major towns @RRR office HQ per the RNS. I wont know if the directors of RRR are what size given all pics is assumed to be old/dish and one can only tell if one visits them personally which is against all rules of this site? Yes, No? LOGIC AND REASON ISNT IT? NIA. DYOR.
Victoria @Kilmore RRR Australia is a good licence and hence, it looks like there is IPO ASX interest? Await for info from RRR.
News what zumore says is fact. You should check it out its easy. TWENTY FIVE to one consolidation.
Robins has been here forever and FACT is 99% down as the SP has dropped one hundred fold.
Helpful has bullsh*ited for the entirety of the fall and he by his own admission has never lost !
It's not rocket science. You are lucky you are in at a low price but please don't dish others who have lost a fortune in many cases because of the Granny mugger.
Yes as talkinto says there might be an opportunity at these low prices but Help is doing you no favours he's screwing anyone he can over.
Watch listen and learn FASO will be a dud like Tin Hill. Or if its not a dud will be hugely short of the rubbish Help posts.
Banburyboy
FOR THE AVOIDANCE OF DOUBT: I am spelling out the FACTS common to ALL JUNIOR EXPLORERS.
Shorting is also 1 reason how a SP funding goes lower.
That is not an overnight event.
Please dont try to turn the readers into reject the messenger.
Why? OK, there is LOSS. How much is the LOSS? If you are an Chartered Accountant, I have read from your few post, the max you have put in is £2.5-3k and max £5k which is not going to be mean no food for tonight. I went to school, you went to school and the basic taught is NOT to BLAME. Be like the AMERICANS, be a winner -------GET A STRATEGY OUT TO SEE WHAT CAN BE DONE. So, posting all day WILL NOT BRING BACK THE MONEY is it?
I tell myself the hard facts and I throw water [not actual water] over my head and say wake up and get something done.
It is NOT HELPING ANY SHAREHOLDERS OF RRR the constant neg over and over again - it is not moral either. There are a lot of shareholders on this stock given I checked the AIM Rule 26 at RRR website and can tell its Moms & Pops as they are from the basic brokers and not Coutts bank stockbrokers type. THE WARNING IS CLEAR NOW ON EVERY STOCK FORUM IE AIM STOCKS CARRY HIGHER RISK.
You ought to know. Trying to win the crowd is not going to help. Why? Balance is being posted so if the objective is to warn, it is everyday and repeats. What repeats? It is a FORMAT printed the same every day. Now, everyone can see.
YES, IT IS ONE'S PEROGATIVE TO BECOME BITTER AND TWISTED and that is choice. But it wont bring the £500 back.
OF COURSE, ONE CAN SYMPATISE. 101 says that one can only help one self IF THERE IS SELF ACKNOWLEDGEMENT and no one can do that unless one wants to help self 101 is it not. You mention "mad" and let me spell out what the medical term means - it is not being able to tell FACT from FICTION. That is why I CHECK AND FACT check what is being posted and I dont ring the CEO of RRR to ask and get assurance/s as at the end of the day it is THE $$$ RESULTS VIA RESULTS RNS AND THE PROJECT and whether it is Tier 1 and a major will buy it or there is cash generative etc. Some are cash generative and many are just explorers. So, if one wants cash generation, look for co's that fits, not pure explorers. Look at HAVIERON AND CASCABEL , yes Tier 1 but no SALE YET. Meanwhile, there are RUNNING EXPENSES = funds are needed. So will the Casino project need $$$. All 101. So, no point in asking the crown to ...again x or y on this forum. Same stated on every forum on this site.
P.S.
Banburyboy
Even Talkinfo now knows that he will NOT buy into RRR unless DRC or some other project comes in. Perhaps, he is learning that BUY INTO A CATALYST 101. Those who bought on a catalyst that did not turn out did not exit in time.
No, I have the same broker 101 rule ie all co's move on KNOWN CATALYST/S. They also DONT FALL ie share price for no reason if larger than norm @3-4% against the market. So, EVERYONE has to learn and many are generous to teach on forums , so much so, everyone now knows. IF THE SUM is too large a loss, then ask around what to do from others who have had that experience. Many of the legendary investors have lost that initial 1 big investment -Warren Buffett lost a big chunk and had to revisit his thesis.
Banburyboy
You said you are long in the tooth. So, anyone PAST 30 YEARS OLD is aware that ALL is not rosy in life and to "LOOK BEFORE ONE LEAPS" in school. I do feel for Robins as he sounds very young to ring the co and just go on that vs things move quickly in the markets. Nothing is lost in its entirety in general and one has to move on. The only exception is Paul Johnson. Why? He has a new family given his divorce and that means young children and IF he had lost his whole £12,000 odd savings, it would be hard as he is not single and has family expenses. QUESTION: HOW DID PAUL JOHNSON GET THE BIGGEST BREAK OF HIS LIFE TIME in RRR vs EVERYONE WHO SAYS THEY LOST? HOW? Paul tweeted recently that in 2010, the gold market boomed and RRR went from 0.25p to 23p. Just multiply that ie 0.25p [1/4 of 1 p] to 2.5p = 10x and from 2.5p to some 23p is nearly 100x ie just under. So, £1,000 turned into £100,000 APPROX. SAME RRR one is taliing about. 1 man 's life changed and others say they lost 99%. How? Is it x or y? Ah, it is public knowledge what profession Paul's father was in. So, Paul is blessed. Maidit308 said something like it doesnt help ... But then again, using the word "disgruntled" per your own statement, Banburyboy is telling everyone that we are not singing from the same sheet. [the phrase commonly used as in song sheet]. Who's to blame for that? So, time to think and reflect. And find SOLUTIONS as day and night harping on X and Y is NOT GOING TO HELP or bring back the loss. EVERYONE is aware of that at some time if they have ever invested in stocks. Yes, I am sympathetic but I cant change FACTS as I had to learn myself and be realistic to face up to the fact as said by Dan Zanger ,the legendary chartist that "THE STOCK MARKET IS NOT HERE TO GIVE YOU A BIG CHECK." Dan has stopped investing altogether in any big way and he said so and why. Hope that helps and clarifies. I was blessed to have listened to the FREE INTERVIEW this site posted and paid for so that folks will be aware that in a COMMODITY BEAR MARKET, LOSSES CAN GO DOWN TO 99% AND THAT IS HISTORICAL DATA. Fri, 19.4.24.
NO ONE IS HERE NOW AS THE STOCK MKT HAS CLOSED so explaining otherwise, you portray that others are not sympathetic .?