Member Info for adamk87

Looks ready to flip

As much as they’ve been taking, 10k+ buys gone in throughout the day.

Mm’s have been taking large volumes above bid all day, its a case of collect as many as they can. Wont be long before this turns, following the same pattern of last week and then blow up with news. GL

After many months, the company is still in its final stages! Many months ago we were here...lets not talk like its a done deal guys, it may take another few months yet.

#ROCK #Gold #Plateau
?????????? ???????? ????????????
??Shareholders are reminded that drilling has returned broad, consistent gold assays, indicative of a large-scale gold deposit
??Gold mineralisation occurring throughout a 215m deep drill hole
https://buff.ly/34lHp7D

Thats the Rockfire twitter account - not everyday you’d get such reminders, make the most of it.

https://www.lse.co.uk/ShareTrades.asp?shareprice=ROCK.GB.PL&share=Rockfire-Resources-Plc

Plenty going through on Nex too this morning

Depth 5
10:24 100,000 1.35
10:35 75,000 1.35
10:37 75,000 1.35
10:47 75,000 1.25
08:07 100,000 1.2

5 Depth
1.4 75,000 10:47
1.5 100,000 08:07
1.5 75,000 10:35
1.5 75,000 10:37
1.55 100,000 10:24

- L2 looks primed

A TR1 would be nice to confirm just who has been gobbling up all the cheap shares here.

Looking forward to ceo interview today, if someone can post a link on here that’d be great. Thanks

First refusal is they get first pick on the draft

What we dont know is once bids are tabled, would oex be allowed to match the highest and then exercise their first refusal clause or would it be a case of they would have to bid just like any other bidder and if their bid is joint highest or better they would get first refusal (i would think its the prior)

I really liked the rns and a few weeks more is a easy hold for me, unlike some i will and have added a few more (always love picking up a bargain come sales)

Excellent volume this morning!

Kabaa go away you rat.

Oilex Ltd (Oilex or the Company) advises that the closing date for submission of bids in the formal sale process for Gujarat State Petroleum Corporation’s (GSPC) 55% participating interest (PI) in the Cambay PSC has been extended from 30 November 2019 to 21 December 2019. The extension is to provide additional time for further potential bidders that have only recently entered into the sale process.

- FURTHER potential bidders guys!! That means we have more than one already on the hook.

Great news for anyone who doesn’t mind waiting a few weeks.

GL

That was in response to the poster below.

I think iknowthis forgot to mention that the Ravenswood deposit that holds millions of ounces in resource is one of our neighbouring mines (assuming people had done some research and know this already lol).

Queensland is a state in Australia, the same state as our Plateau deposit. Located close to our processing plant are other goldies with resources in the millions. In other words, we are in a hot spot.

‘Rockfire owns an extensive portfolio of assets in Queensland, Australia.

Rockfire has several medium-grade, near-surface gold prospects, positioned amongst multi-million ounce gold deposits. All of the company’s gold prospects lie within 50 kilometres of operating gold processing plants.’

The amount and quality of gold here compared to mnrg is night and day. Nice cross ramp though lol

Talking production and the figures outlined below, you’re talking 100’s of millions re mcap if some of the hits are successful and this is anything like the nearby mines - Mt Wright has a resource of over 10Moz with a gold resource of 2.7Moz and is only up the road.

If drills correspond with the original hit which looks likely then a mcap of 25-30m (just based on plateau) is a given with it being much more once interested parties get involved, whether thats a JV or sale (always the goal for exploration companies).

Again theres been no mention of Copperhead another asset owned 100% by Rockfire, have a read of the below.

https://www.lse.co.uk/rns/ROCK/rockfire-resources-copperhead-upgraded-to-122500t-copper-equivalent-zx93fmp4zj2z2id.html

- Solstace thank you for the excellent research this morning.

Exactly Sharehead, another few biggies for me are top quality BOD (ticks box for me) No of shares (ticks box for me) and Director buys across the board and few of the guys are in fair deep (again ticks box for me).

If the following doesn’t have any pi salivating at the potential (considering we currently hold a mcap of 6-7m) then they’re in the wrong game!

- The results are indicative of a large-scale gold deposit, similar to the Mt Wright gold mine, which is in turn part of the 10mln ounce-plus Ravenswood complex.

Of particular note was gold mineralisation occurring almost continuously throughout a 215 metre deep hole, including 177 metres at 0.5 grams per tonne gold.

Rockfire believes that this hole has intersected the upper levels of a large mineralised system.

Rockfire's technical team is anticipating gold grades to increase with depth at Plateau, as they do at Mt Wright. Results from 13 more drill holes are pending.

- Bring on next week. GLA

If you buy on a drop you may be catching a falling knife, whats your point? LOL

You dont get a rerate like the one at BMN, SOLG,PYC, IDE, PAT, BLOE, BRY amongst others if you’re scared of buying because a shares rose ‘x’ amount.

If you base investment decisions soley on how much a shares rose or fell then you’re in for a rough ride lol

Personally i’d prefer the rns’s to start dropping after Monday’s interview. That way we build up nicely ahead of steam and have some renewed sentiment come back with those profit takers piling back in, once they’ve realised their mistake in selling at these prices.

I can assure you anyone wanting in Monday will be paying a premium, so well done those that held and bought.

15% up is a great day, after consolidating and churning out profit takers/warrant holders yesterday and today!