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Morning NEWS, / HP'' some good weekend discussion as to why so much trolling on RRR, and where does it all stem from ? INTERESTING DIGGING.. that will surly get them wriggling like the worms they are.. ME I IGNORE AND FILTURD ABOUT 15 SO FAR, AND THEY STILL KEEP COMING WITH NAME CHANGE to join the conversation FK KNOWS''
keep up the good work THO''
speak soon..
The first gold wash plant is expected to arrive by air within a few days and will start operation.
Red Rock Chairman Andrew Bell comments: "The first team on site will be preparing a report giving further detail that we will hope to be able to share with the market as early as next week, whereupon Mr Samuel and myself will relocate to Burkina Faso to be on site for the whole period of transition into stable gold production and to prepare for larger scale mechanised mining.
This reflects the importance to us, and the potential scale, of this first project at the Bilbale gold mining camp.
H50 post tweet that AB is on his way to camp as we speak'' so the hold up must be tying up the licence in Kenya ? and although we would have all like to see that few days timeline adhere to'' if you are not invested then you shouldn't have to worry about genuine investors that don't mind waiting another week or so, and i think we all can see that they don't mind waiting a little bit longer looking at the lack of sells recently, and the big lumps been bought and kept at the same time...
and with 35min to close I don't expect an RNS today but you never know ?
GOOD WEEKEND
What we need to know is who is the big spender who bought £2 worth this morning already at a loss with the dealing cost and a 1 trade for 0000000000p do they know something LOL!! or did that 500m issue on the 18th help the liquidity they was moaning about a few weeks back ?
on a lighter note GOLD drop 5.25% and went up again 3.6% within 10min'' @ £2382 and within reach of $2400 and as i said before is plotting it's own path, unhindered by MK forces / GO politic, been that everything is going to be backed by gold eventually as it's hard cash, quite literally''
ALF, PK'' discloser statement did say shareholders will see a general meeting when it's all wrapped up'' and as the stalking horse BID / offer price was never made public ? perhaps there will be something left over for shareholders who knows ?
as the CO is still to tell us if we will be left with anything or not'' as they will still have to bid for the equity side of the business, and other asset which is a separate matter if they wish to continue business as usual, i think a paragraph of equity purchase was in my last post.. this C15 is not a D4E as far as I'm aware, unless they have written it in recently ?
I think we should wait on the proper outcome statement before we kick the chair away IMO, but as nothing is a given start writing off your holding in COPL from now'' so you are not disappointed... on any outcome, and as i and others said before we are at there mercy.. with no help from governments or FCA whatsoever...
Regards
HI NEWS'' / HP'' a proactive interview GGP yesterday make interesting listening for RED ROCK OZ and small cap gold stock in general, there is lot's to take away from it worth a listen
https://www.proactiveinvestors.co.uk/companies/news/1045601/greatland-gold-says-gold-at-a-record-boosts-the-economics-of-the-company-s-projects-1045601.html
Regards
Calm calm calm, wait for it, x3 CO making RNS is on it's way'' GOLD is on the rise and cannot be stop from going to $2500
and when all said and done, there is really no need to argue with the undecided. and the impatient RNS will come when it comes.. links and hope is all we have here until fireworks starts..
ATB
Thanks for your input today NEWS'' and don't worry I will always have your back even if I'm not around for a few hours you will know what I mean'' THANKS for your Input HP'' THANKS for that tweet H50''
we will try again tomorrow
ATB
That we get a drop on 33k sells, but 1.4m buys was ignored ? perhaps MM was PI--ssed of they never got any of that 500m issue today ? FK KNOWS... see if we get anything on slippery Friday, one of our luckiest day for RNS
Thanks for that NEWS'' so we can take it that the Kenya licence have been sorted ? FKN good news if it is''
BTW GOLD on another push to $2400 the closest it got to it was 2395 yesterday see if it can hold this time
All these people moaning about liquidity issue at RRR in the past 3 weeks has really been misinformed IMO, as i wonder how POW is doing after consolidating there stock a few weeks back'' Hmmmmm let me take a look yes'' 5 trade for the day all sells ? does it really work'' having less in issue with a bigger SP ? or more in issue with a smaller SP with regular news ?
FK knows, but although I we always talk about George over at PREM having 29bil in issue and still got away with another £2m funding call last week, perhaps he is the only one that has proven that he can get his SP to 1p from the 0.04p it was 3 years ago, and although SP is now back to 0.20p it is still FKN good going with 30bill shares in issue'' and could still go over 1p again if the long anticipated production start this time at the biggest pump in history that must have taken at least £50m in funding call from investors over the years known as ZULU
well done GEORGE, we salute you for proving that consolidation does not work without regular news like what you bring to your investors, as it's pointless having a big SP and it just sit there looking pretty until investors get bored and sell it down,
Morning NEWS'' you are not alone M8, anyway'' I was expecting that 500m rush this Morning ? as it is the 18th but look like i was right all along that the person who invested that £260k have no reason to sell any'' at these depress levels, but talking about zero trade'' it look like our first trade is a 1 for the believers ? could we see that RNS shortly ?
we will see
GL
Interesting'' about DL ASX NEWS'' and also the solidness of RRR SP ATM, that a 3.4m proper sell @0.055 before closed did not drop us ? could well be the first sign of a proper rerate on solid news is coming, and as we have always been lucky getting one on happy Friday ? LOL!! as one can only wish for a moment such as this...
here is hoping that the new issue could not have come at a better time for those struggling to get some for the past 2 weeks since the few days plant delivery by plane RNS was announce
REGARDS...
FK knows NEW'' but in the POW presentation 1 of the attendant did pose a question, saying RRR Australia IPO would value it's now 100% at £20m about 30x where our SP is right now'' and seems PI--ssed that POW is selling there 49% to us for some reason, but was assured that POW shareholders will still own shares in any IPO considered by AB..
but apart from that'' perhaps HELP would know a bit more about this relevant question you pose
Regards
Only 3 trades so far in nearly 3 hours should tell us how desperately short they are for RRR stocks, and that tomorrow can't come quick enough for the MM IMO, if that's what they are waiting on ? FK knows'' as I and others was hoping that it was DL or someone close to AB that put up that £260k and would have no reason to sell them in the Market for silly money if these RNS is imminent ? not only that we see an unusual 16666 sell trade trade @ 0.05 yesterday that instantly push the price up 4.5% i called it the sea saw effect, that could also mean the bottom have been reach, and the only way is up'' although we cannot second guess the Market, but intelligent reasoning is a important tool, if you possess it..
we will see what happen before closed tonight and at the start of trading tomorrow if whoever bought that 500m worth will start to off load some because as far as I can see, nothing have been forward sold, if we consider how quiet it has been on the trading front since that £260k funding has been announced, so i see it as a positive for the SP going forward
Regards
Yes pushing higher again and only a matter of hours before it break that $2400 significant barrier, and if it hold that level then there is no reason why it should not go on to $2500 before end of this month ? then i suppose most junior miners especially those are already mining or will be mining ST like RRR should not start to reflect this phenomenon in there SP whether people like it or not... we are going to produce gold shortly...
Morning all, with so much going on in the background and at least x3 update expected imminently look like they are really going to need that 500m on the 18th after all to satisfy Demand when those expected RNS drop ? although I and I'm sure others genuinely invested would have hope to see at least 1 of those RNS come before, but it is what it is'' we can't spend our life moaning on every stock we invest in, because things have not turned out how we expect it to ? it's better to move on and try another stock until you get it right, but rest assured they are all the same, and will come good when they come good, there is no certainty that your stock will go up none stop like BTC to $73k from 12c? we have to constantly assess risk and get out if you have any doubts... otherwise bitterness will set in, so much so that you will start to hate on anyone that bought in and have positive view at these levels, and why ? because you bought in at 20p 10 years ago and never put in a 10 or 20% stop lost'' so now you will blame everyone else but yourself.. and now PS--SSED because they are getting in at the bottom and could potentially get rich on 600 pound worth SO LETS PUT THEM OFF LOL!! HATE HATE HATE, wish bad luck on others'' lie about a buy been a sell if you have to, any thing to stop the RISE WTF
GOOD LUCK AB we await further instruction
ATB