Member Info for HawaiifiveO

Copper price surges through $11,000 on supply squeeze.

https://twitter.com/mining/status/1450350109993152516?s=20

Have been adding, the investment case here seems compelling now, more-so having attended the presentation evening which was exceptionally revealing. It is only a matter of time before the first hand of the poker game is played !

A few folk are suggesting the sector is about to turn, ORR has been one of the worst performers this year, see the Twitter link, shows 48 sector juniors, there is also a new interview out today

https://gbreports.com/interview/tim-livesey_1

https://twitter.com/Oilplayer2009/status/1445804182590484482?s=20

Stockbox are doing a Q&A session with Andrew Bell, questions are invited via their Twitter link (below) or email is possible, see their website for info.

https://twitter.com/StockBoxMedia/status/1448579819017490438?s=20

I will be attending !

Chart of 48 resources stocks from 2021 high to current, all down, average fall 55%, GGP down 57%

https://twitter.com/Oilplayer2009/status/1445804182590484482?s=20

Red Rock is now valued at a mere £6.5m whereas Caracal Gold hit a £26m market value this week.

The only assets Caracal have are a 50,000 sq km exploration licence, a JORC resource of 650,000 oz and a small mine producing 500 oz of gold a month, both in Kenya - directly next to Red Rock.

Red Rock has 245,000 sq km of exploration licences and the same JORC resource in Kenya.

Why are Red Rock's assets in Kenya valued so lowly compared to Caracal Gold, in actual fact RRR's licences in Kenya seem to be valued at near zero taking account of cash, investments, and the prospective licences in Congo and Australia.

I think if this company was managed by a 'popular' team the valuation would be many many multiples higher - over to you major shareholders !

NS

Thank you for your feedback, I am a experienced trader and tend to buy the low point of sentiment and look at the technical share price performance, it is oversold currently.

The sector has been in the doldrums for most of the year and many stocks are oversold, Condor hit 57p in January and I believe there will be a sector recovery in Q4, also consider Jim Mellon has been known to buy large tranches of Condor stock in the market when the price is depressed.

I believe a run back to the 50p range is entirely possible, Condor remains a takeover target also.

Condor Gold are presenting at Pr@active on Thursday - maybe something new will come, usual 20 minute presentation and then 10 mins Q&A, for the record I have bought back in after exiting around the 55p mark earlier this year, looks a good entry point IMO.

This has to be a buy around current levels surely, the JV formalities must be nearing completion, once announced where will the share price go, shares hit 46p in January and were 30p in September.

Even at £1 a share Conroy would only be valued at £39m

This is very interesting, SilverCorp a Canadian based mid cap with links to China declared a 5% stake in local (to ORR) in Senegal Chesser Resources, they are still buying on the market according to posts on bulletin boards in Australia, ORR looks very vulnerable to a takeover approach in my opinion.

ORR has also been mentioned over the weekend in social media outlets as undervalued

https://twitter.com/Oilplayer2009/status/1444927770954371076?s=20

It is essential that Bell cannot dilute the major shareholders like he has done in the past. His ability to issue shares at will has been thwarted since the major shareholders have taken, in effect, control of Red Rock. Dilution has been avoided as has the urge for new 'must do' projects Bell so much yearns for.

The next question is, given the man is probably one of the most disliked and unpopular CEO's on AIM, will the major shareholders demand he moves aside or vote him off the BOD, surely by now these shareholders must realise the reason why the Red Rock share price remains in the gutter is down to Bell himself.

Bell implied via various interviews through Stockbox Media that this would be the year for a material re-rate of Red Rock, it has not happened, nor have the corporate deals Bell eluded to, nor has his claim that there would be so much news-flow they would barely have the time to write it up.

I for one will be voting for his removal if he fails to deliver a significant valuation uplift by AGM time, hopefully so will the major shareholders.

Timing entry correctly is essential to make money on AIM, ORR is 80% down from the 2021 high point and a bombed out RSI to boot, it's cheap folks.

Could elaborate on the inherent value disconnect in Senegal where nearby licences have been changing hands for $100m - $400m + surrounded by majors but it has all been said before. Oriole has one of the largest licences of all yet are currently valued at peanuts ?

In fact taking current cash + arrears owed in Turkey - accounts for circa 50% of the current m/cap, then there is Cameroon and equity stakes elsewhere in for free.

Buy low sell high !

https://twitter.com/Oilplayer2009/status/1443492112515874817?s=20

https://twitter.com/Oilplayer2009/status/1443509533998002180?s=20

Direct link to you tube podcast

https://tinyurl.com/cvzjm8zd

Direct link for new podcast

https://tinyurl.com/hzxnw52v

Shares moving higher from a very oversold level, the stock is tightly held also.

Nothing available online currently, market makers sitting back waiting for selling, same old games being played.

I listened to the Vox podcast in detail, it appeared late in the day so was probably not digested entirely by the market, on the strength of it I added to my position, I seriously believe Xtract are now at a major value uplift inflection point.

It is plainly obvious the company is now firing on all cylinders, at long last, Zambia, Mozambique & Australia are delivering company changing news and will continue to do so.

I believe Xtract could shortly be hitting the £80m to £120m m/cap based on projected revenues, exploration success, possibly world class exploration success in Zambia and Australia, one thing for sure is the current market valuation, sub £35m is plain crazy.

Let the re-rate begin !

I do not post on this the ORR bulletin board often but having read some of the posts I am concerned some are suggesting to the significantly underwater investors to sell and look elsewhere to recover their money.

Anyone investing on AIM over a long period of time will often get hit with a loss situation, it is not unusual to be 60% or even 70% down for many reasons, the key is not to panic sell the low point and hold one's nerve.

The junior resource sector has been appalling since the highs in March, many juniors are down the aforementioned percentages so in my view the sector is due a bounce, many believe this will come in Q4.

I bought ORR last week as it is a very popular retail investor stock and if the share prices starts to rise again volume will snowball and there could be another decent run, there is a great deal of news ahead after all. Who knows Oriole could even sell an asset and shock the short positions, if that happens those in above 1p could easily see their money back quickly.

Next week may be interesting here.

DYOR etc