The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Scheduled 3rd March.
Do we think any new information will be presented in the meeting or would be revealed in an RNS beforehand?
Best of luck Dukey. Absolutely respect those decisions. I have invested elsewhere but kept my sizeable holding here - I suppose the long term / short term strategy is different for every retail invester. I'm not going anywhere remain bullish in the mid-term on ROCK but have bought elsewhere also to capitalise on COVID recover stocks where possible. GLA
Selfishly I'd like a pull back for a top up :-)
Agreed on all fronts bamb. I expect this will perform well - just gutted I haven't topped up more :-)
Fully understand the impatience, especially with those with their money tied up and LTHs - of which I am one. I remain positive however that patience will be rewarded here, and indeed this is being suppressed artificially in the short term, so anyone prepared to kick around will see upside - just not any MOONboys (and girls) that expect this to 10x overnight.
GLA DYOR
Exploration Update
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to provide the following update on the Company's 100%-owned exploration tenements in North Queensland, Australia.
Plateau Preliminary Scoping Study:
· Rockfire has commenced an early-stage scoping study to consider the economic potential for open-pit mining at the Plateau Gold Deposit ("Plateau").
· The central purpose of this study is to identify additional work required to progress the project through a logical and systematic pathway to development. One of the anticipated outcomes from the study is to highlight areas where additional drilling will be required.
· The scoping study will include conceptual open-pit mining scenarios, with treatment of the ore being processed off-site.
· The scoping study is expected to take approximately 4-6 weeks.
Copperhead 3D Magnetic Modelling:
· The December 2020 Copperhead aeromagnetic data has undergone Magnetic Inversion Modelling.
· A strongly magnetic body has been detected at Copperhead, which starts at approximately 450 m below surface. The high magnetic feature is approximately 4.5 km long and 1.5 km wide. The magnetic feature identified in the 3D model suggests a potential heat source for the copper-bearing fluids.
· The strong magnetism is positioned beneath soil samples containing highly anomalous copper (up to 0.5 % Cu) and directly beneath five mineralised diamond drill holes drilled in 1972.
· The five drill holes (300 m max. depth) were recorded in geological logs to be mineralised from top to bottom with visible copper sulphides (chalcopyrite) and iron sulphides (pyrite). Diamond drilling returned peak values of 2.8 % Cu, 12 g/t Ag and 1.5 % Mo, with the average of all samples collected being 0.25% Cu.
· In the coming months, the Company intends to expand soil sampling undertaken in 1972 to cover the aerial extent of the recently identified magnetic target towards the south and southeast.
An image showing the magnetic feature in cross section at Copperhead can be viewed via the following link.
http://www.rns-pdf.londonstockexchange.com/rns/4092P_1-2021-2-17.pdf
...whether you are a LTH, ramper or deramper, lurker or just joe bloggs - the movements of this stock and the SP is just plain odd. Take away the potential upside, the RNS 'round the corner' or anything similar - the lack of SP movement given the buy volumes are incredibly puzzling.
I'll only buy another chunk 0.22 and under... got a load already so won't chase upwards
...I want this to dip so I can nibble at more.
These steady and incremental daily rises are what is important for us in establishing a solid baseline. Far rather several weeks of this than big d*ck swinging days up or down 30%
BTW the temptation to double my holding is almost uncrontrollable
Any news floating around?
Thanks for objective inputs, UKInvestor2.0. Are you a shareholder?
I have no basis for this theory but do we think MM's are taking little nibbles on this to stay under the radar so they can assemble a position without inflating the SP? In other words, they want to fill their buckets cheap as much as they can.
...or are they off chasing NOK, AMC, BB and GME - lol!
Cheers Sniffer
Am I being stupid or does anyone else feel like this stock is being held back artificially?
Bit of activity here this morning which is nice to see. Again, any news of 'normality' returning is going to set this alight
I LOL'd hard at that - well said
...at the ready. Not sure I'm getting much work done today.
On a serious note, that RNS is the validity all us long term holders have been hoping for and although we are yet to feel the effect on SP, it already feels great to not be in anticipation of these results anymore - relieved!? - yes I am!
Seriously well done to all holders. Here's to a well deserved good day today. GLA
That spread was ridiculous!