Member Info for Helpful

1p incoming.

The rational shelf is empty in that particular case.

Morning Tragic old bean,

I think we need one of your brilliant deramps to nudge us over 1p.

PS how has your day been?

And about to tick up again. We might see 1p today.

About to tick up again.

PS about $160mil copper in place at Macalder at current prices.

DYOR

Interesting...

This is relevant to our holding in POW. Blyvoor is a read across for Macalder.

https://twitter.com/StockBoxMedia/status/1300321337072852994?s=19

DYOR

https://twitter.com/RonaldS_AuCu/status/1300138720524414976?s=19

Glad to see you have done some reading but as usual you either get it wrong or try to mislead.

The licenses have been renewed under the Mining Act 2016: that is the law and that is what matters not your opinion. As shown on a regular basis your opinion isn't worth much.

What happened in the past prior to RRR getting involved is not relevant and certainly not now the licenses have been renewed.

See section 101 onwards in the Mining Act for the law.

DYOR

https://www.tsinetwork.ca/daily-advice/mining-stocks/20-tips-successful-investing-mining-stocks/

Briarbank, why do you continue to state things that you know are untrue?

RRR had the licenses renewed two weeks ago.

It now has to decide which on bits to apply for mining licenses. In 2012 it had submitted a mining license for the Macalder tailings. Macalder is a measured JORC resource of 68k Oz of gold and 1,385,000 oz of silver: RRR put the costs and revenues in the public then.

Separately RRR did a banking feasibility study on Nyanza and was in the process of submitting a license application when the legals hit.

RRR already has a JORC for 1.2mil oz: no exploration drilling is required to bring this into production. Any drilling will be to increase the JORC probably to around 2mil oz.

You got this badly wrong. This heading seriously north.

DYOR

He made this point a few weeks back: if the asset allocators starting adding gold and silver, the price is heading seriously north.

https://twitter.com/GaricMoran/status/1299684894772277248?s=19

https://twitter.com/FGMR/status/1299442199894142977?s=19

A rising tide lifts all boats.

https://twitter.com/GaricMoran/status/1299415430113759237?s=19

Briarbank, your comments are illustrative of why PIs lose money: they don't understand how to analyse things..

Worth nothing in the ground: completely, utterly 100% false. You know that is not true if you think about things for a second. In 2012 RRR sold part of its royalty on MT Ida for $12mil: in the ground. I posted an interview with the CEO of ECR on here yesterday; in talks with multiple parties about Creswick, including Newmont: in the ground. Petratherm just did s deal with Skarb for A$63mil: in the ground. Fosterville South listed on TSX valued at around C$200mil: in the ground.

At the Macalder tailings we have a JORC Measured resource of $170mil metal in place; that is as good as it gets.

JVs are standard in mining: juniors take an asset to the next value inflection point and then do a deal. RRR will do JVs the same as everyone else. On some reasonable assumptions a really decent SOTP calculation can be made for Xmas 20.

Things are looking really good, that may change. Hold on to your hat.

DYOR

Still lingering mate. The only person who told you you to sell was Tragic.

This going a lot higher. You made a mistake, get over it.

DYOR

Looking very good for next week.

With the right news this will go to 2.5p next week. Look at Wishbone.

DYOR

Just double checked Blue Ribbon is our small thing license South of Creswick.

Neighbours of ours.......

https://www.share-talk.com/craig-brown-chief-executive-officer-of-ecr-minerals-plc-ecr-l-qa-podcast/

Tragic, we should tick up again shortly: what happened to that 0.4p buying opportunity you promised?