Member Info for Helpful

Double checking it, it does look like a buy.

https://www.fnarena.com/index.php/2020/08/03/material-matters-copper-gold-iron-ore/

Gold currently $2,041.

Victoria is in lockdown but doesn't stop essential work and DRC opens up this week with International travel back on from August 15th. I have posted all of this.

What is happening in Victoria will not stop the work there. As AB and POW have confirmed sites visits have already been done.

DYOR

Briarbank not looking to pick an argument but timing is everything.

The licenses at Migori were never cancelled or lost, that is what the court settlement was about. They could only be resissued under the Kenyan Mining Act 2016 and AB confirmed twice recently that he expects the licenses to be reissued shortly. There was a process to go through and the announcement in September 2019 was part of that process.

Anyway...

https://twitter.com/RRR_RedRock/status/1290980194770092040?s=20

Amused to see that you wish other people would do research when you don't do any yourself.

Tragic,

if you read any RNSs or listened to any of AB's interviews you would know.

1. We have gold royalty income from El Limon, which plans to produce 25,000 ounces in 2021
2. The banking feasibility study and mine site selection process for Migori was put on on hold in 2013/14 when the legal dispute couldn't be resolved and it will be picked up again when the licenses are reissued. The uprating of the JORC to 2mil ounces will also be picked up.
3. Victoria we should get the grant of the first licences during September but we should get the NC 43-101 during August.

On our fourth set of licences in Ivory Coast nothing has been done for a while.

Clear enough now?

DYOR

https://www.juniorminingnetwork.com/market-data/stock-quote/fosterville-south-exploration.html

Again, Tragic you constantly illustrate your lack of understanding. We are currently up 13.83% and someone banged out £14.5k at the start of the day: what does that tell you? Come on, even you must be able to understand the meaning of that.

DYOR

Sorry busy, I have to deal with some placings elsewhere.

Tragic, your previous position was that RRR had no gold assets but now you want to know what gold production it has: be honest here Tragic, is this you implicitly admitting that RRR has gold assets?

I know you don't understand this but gold in the ground has a value. Fosterville South has no production, its current market capitalisation is C$286.5mil which in Sterling is £164.65mil. It has similar acreage to the RRAL JV.

I expect the NC 43-101 to be available mid to late August and the listing on TSX to happen early October but I expect an outside funding partner to brought in at the RRAL JV level prior to listing to give a third party valuation on the assets. (NB if you don't understand just check it out it is not complicated).

Stick around a bit longer Tragic, we will have some fun together.

DYOR

I hope you stick around for a fair bit longer Tragic, no letting emotional issues get in the way of your sterling work of the last ten years. Even when the SP is multiples of where it is now, I want you to be still on here trolling away for the greater good.

Sound like you are getting a bit stressed there old chap.

RRR never lost the licences at Migori: they have to be reissued under the Kenyan Mining Act 2016. Exactly the same process that everyone else has to go through.

Enjoy your day Tragic.

When do you sell out Tragic, 2013?

Tragic do you never read anything?

1. El Limon: outstanding royalty circa $3mil. Production for 2021 estimated at 25,000 ounces. New shaft and face currently being put in.
2. In 2013 RRR announced it was selecting mines sites at Migori and had started the banking feasibility study. This was put on hold because if the legal dispute settled Oct 2018.
3. We should have the NC 43-101 in about two weeks for Victoria.

Ask how much production Fosterville South Currently has.

Morning Tragic, I was hoping hadn't disappeared. Soon.....

Up 11% off a couple of grand buys: MMs have no stock and the big seller is out.

RRR never lost the licences they merely needed to be reissued under the Kenyan Mining Act 2016. Very nearly there.

https://twitter.com/FPX_Nickel/status/1290683272242982912?s=19

I took my price from goldprice.org but as you say....

If you have gold it is looking good

Gold currently $2,019.

The gold price just took off, it looks like $2,000 incoming...

https://goldprice.org/