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Hence the rise the in the SP. They really need to confirm chapter and verse.

I saw that earlier and as with all PQE releases it doesn't appear to be written in English.

Do you read it that they have a new asset in Utah?

Well the SP held its level yesterday and today, a very good sign. Up 8.7% yesterday and 8% today. Maybe we have had the bottom and we are on the way up.

DYOR

For clarity, this is the earlier interview re DRC and Musonoi. You need to look at this and then the new interview today. In the earlier interval he quite clearly gives guidance on what he thinks is at Musonoi. In the interview today he has been very careful with what he said: a couple of times he stopped himself short.

Bottom line in December he was talking about a few hundred thousand tonnes of copper and around 30,000 tonnes of cobalt. He now says that they have done the 3 modelling and is very, very pleased. What it means in my opinion is that his original expectations have been confirmed by the work done since. It doesn't mean he has exactly what he supposed in December but whatever is there is pretty good.

2/3 months to get JORC report that can be put in the public domain and then he can go public talking about what is there.

Remember RRR has six licenses in DRC: 3 production and 3 exploration. He is getting excited about just one of them. What is there across the full six?

I expect RRR to concentrate on Musonoi and to do enough work on the others to JV them.

https://www.youtube.com/watch?v=3ZTB0NlRFL4

Copper price today is https://www.lme.com/en-GB/Metals/Non-ferrous/Copper#tabIndex=0
Cobalt price today is https://www.lme.com/Metals/Minor-metals/Cobalt#tabIndex=0

DYOR

https://twitter.com/proactive_UK/status/1093150832328167426

Maybe. The price hasn't moved and the MMs haven't moved their positions so either it is isn't someone dumping or they have demand for the shares that will show up in due course.

So it does look like the MMs have no stock of their own but they do have a seller willing to supply stock at 0.65p. So looks we will stay where we are for a little while.

DYOR

Who knows? It looks like it might move up again.

0.66p to sell 0.68p to buy. About £5,k available at 0.68p after that price moves up. The MMs have very little stock on their books.

Looking pretty good. Fingers crossed the good news continues to come in.

https://www.bloomberg.com/press-releases/2019-02-05/para-starts-mining-at-gold-road-mine-in-oatman-arizona

Normally it would take months to do this work and cost a small fortune. They have found a way of doing work cheaply and quickly.

read the RNS

AB and RRR know exactly what they have but they can't put their calculations in the public domain till they have the JORC report

"3-D models were then created, and the old high grade upper orebody and lower orebody modelled, mineralisation calculated, and depletion from historic mining calculated.
Models and tables for in situ mineralisation, both at the original Gécamines 2.5% copper cut-off grade and at a 1% cut-off grade, were then derived."

DYOR

So next stage is a JORC resource and maybe some test mining in the mean time. Probably 2/3 months to get the JORC report back.

Remember what AB said was in place at Musonoi? Somewhere around 200k/300k tonnes of copper and maybe 20/30k tonnes of cobalt. He now says he couldn't be more pleased with the work done to date: what do you reckon would make him so pleased? https://twitter.com/AndrewBRRR/status/1092780355487182849

So lets suppose that the JORC report comes back and confirms that $2bn/$3bn metal in place; what level is the share price and does RRR get someone like Sandfire knocking on the door? If Sandfire thinks it is worth having a nibble at $MOD, it should cast its net a little wider and have a look at RRR/Musonoi. I hold MOD via MTR and I reckon that what is at Musonoi is much better than what MTR/MOD has.

Musonoi makes the rest its licenses in DRC rather secondary, I expect RRR to look to do deals on its other licenses and max out on Musonoi,

I hope the ex-wives club and the trolls are still hanging around in a couple of months.

DYOR

Sealock has mentioned deals several times.

https://twitter.com/BGPTRADING/status/1092578695980625920?s=19

And as if by magic up we go. The MMs still don't look like they have stock.

Fingers crossed, this is the start of the upward movement.

DYOR

Looks like Peel are playing games. Quoting 0.6p some trades been going through at 0.6p but for any quote on IG it is 0.624p.

So a few buys at 0.595p. Peel doing the selling. They were selling Friday at 0.595p/0.6p. Still 4 v 1. Question is, how many does Peel have to sell? I can't believe that they held these on their own book.

DYOR

https://twitter.com/JrMiningNews/status/1091818433233252353?s=19