Member Info for news

Https://x.com/StockBoxMedia/status/18100117390224511193 Sun, 7.7.24 Just out from a junior AIM explorer in Victoria, Australia. Ref: Antimony. Posting on this forum at 11:44pm.

From the last RNS, RRR Faso is due to start gold from artisanal workings in early July 2024 and also news from Australia relating to new geo work on RRR 100% Kilmore & Kilmore West. [All from the RRR RNS/s].

If the non-holders of RRR are so confident of their views, they will not need to use name calling of "spectrum", "salad" etc etc inc changing text content from this site to transfer to the other RRR forum.

Waiting for the next news as and when from RRR inc potential news from DRC as well.

News, Sun 7 July 2024.

Helpful

I follow the school of the Father of Valuation. He could do APPLE valuation in 2013, matched year after year to final value. So, too he did Twitter. His presentation chart stated: "DONT'T MISTAKE ACCOUNTING FOR FINANCE." He is invited by Google Talks as well and he points out about : "Are you a no's person or a Story person."

I think the resident on this forum who said he is a no person but "RUSTY" and not an expert in all fields should take note and update & upgrade.

Proof of the pudding: One will see the eventuation of RRR just like how the technique of the Father of Valuation deploys. No , the Father of Valuation is none of the named. These days, one can obtain LISTS of screening American co's and there is not so much work to do to run numbers. These are NOT stock picks but stock number crunching.

On AIM, no big institution is covering them as they cost lots of money.

For clarity: I AM NOT POSTING ON ADVFN RRR and therefore, the posts are being changed etc and not in its ORIGINAL text etc etc. News, 7 July 2024. We all have our own styles given we studied under different tutors. Thanks Helpful. Relevance to RRR: Yes, the principles do apply.

-------------MY SUMMATION: ----------

Betting firms deploy PhD Maths grads to run the modelling, algo, risk profile etc. One will not that the BIG 2-3 make millions a year. I mention this only because today, they RUN maths models per the link Helpful gave of free online course from MIT teaching the same basic analysis I quoted from earlier.

Stock market also consists of INSTITUTIONS [investment firms etc inc pension firms, sovereign funds] and HIGH NEW WORTH. In the UK, there also institutions and from what I know of the big firms, they MAKE MILLIONS.

So, us private investors get into the STOCK MARKET where all these "WHALES" [on Wall St, they are called Whales] and this now goes for Bitcoin as well [No 1 investment firm Blackrock etc] are in this space.

SOMEONE LOSES, SOMEONE WILL WIN isnt it? So, WHO DO YOU THINK LOSES? Rather obvious isnt it from the statistics released and well known, it is the PRIVATE INVESTORS and even traders.? Isnt it? Of course, in the BELL CURVE [statistical term], there will be ALWAYS EXCEPTIONS on both ends of the Bell Curve that looks like this ____//-----///---- with everyone in the middle called MEAN and one side is the exception and the other side also exceptions.

IQ modelling is also falls under the bell curve so NO SWEEPING statements are made - there are exceptions.

My Comment: So, today is Sunday, 7 July 2024 and I leave you with this thought of the day. Hence, why Helpful said he invested in a small betting firm and in the end , it was TECH driven. How? Its like what the big firms are doing and working it out on paper is too slow. Didnt Helpful say that when the risk is too high for the firm to take, they arbitrage it out. That is what Fred Done said that if UK wins a big football international bet, the betting firm that takes in these bets stand to lose millions and if they dont want total risk, they SELL it to the secondary market to hedge their risk. SO, STOCK MARKET is about risk and risk management as well 101------CORNERSTONE OF many industries.

RELEVANCE TO RRR: It is RISK as well isnt it? Asset risk and co risk as norm with all AIM co's as I detailed below also today. Thank you. News, Sun 7 July 2024. P.S. Trojan with 107,000 posts to his name and one of the longest standing members of this site and his posting count is the highest = GRAND-DADDY of private investors WORKED out it is risky and I quoted his verbatim words to perhaps a newbie.

As you may be aware, a lot of institutions worldwide are in the stock market. Some countries have SOVEREIGN funds investing in stocks. In all the top institutions [they call it tutes in America] they hire analysts that are very highly qualified. Jim Simons, was a MATHEMATICIAN [PhD] and founded a QUANTITATIVE hedge fund. Link: https://en.wikipedia.org/wiki/Jim_Simons "He was worth US$31.4 BILLION and 51 st richest in the world. HE USED MATHEMATICAL MODELS & ALGORITHMS to make =====INVESTMENT GAINS from ==MARKET INEFFICIENCIES== . Simon was THE GREATEST INVESTOR ON WALL STREET."

Even in institutions [investment], they all hire top research teams of mining geo's, analysts, maths PhD etc and all the specialisms. This is widely known. Some of the high street UK banks have investment arms like HSBC in HK etc. A.Bell, Chairman of RRR 's C.V stated that he worked in award winning investment firms & later worked in HK as well inc working for a rich family office. I was not aware that A.Bell also studied GEOLOGY online from the Open University.

My Comment: It is a no wonder why Dan Zanger, with no high school education in the USA and built swimming pools for a living said the STOCK MARKET IS NOT HERE TO HAND YOU A BIG CHEQUE. Obvious isnt it given the ordinary private investor has not got all these algo's built on math's models. I said that even the top betting firms in the UK hire PhD maths grads from Oxford/Cambridge types to again do the betting risk models and algo - all based on QUANTITATIVE analysis of which Helpful on this forum passed his uni degree based on this discipline ie QUANTITATIVE ANALYSIS and 2 qual in fund mgm. Hard truth to take in but now widely known that it is BIG MONEY, BIG FUNDS, BIG PENSION FUNDS, High New Worths etc. Joe Public? Hence, why I can provide a table which shows that the ordinary pi's dont fare well and the statistics shows many lose and cant beat the stock market investment scene. SOME HAVE in the USA but not many that have. In the UK, I only know of Paul Johnson. Why? He has the PROOF as one has seen he went from RRR as a private investor to GGP , as CEO, to restructure the co at 0.10p with Bell, as Chairman. However, Paul is a CHARTERED ACCOUNTANT working as a loss adjustor ,hence he has the pre-requisites knowing risk profiles etc.

If any AIM co is NOT mining yet, they all need to RAISE funds. Many issue CLN, Warrants with it etc. So, RRR is NO DIFFERENT as it is also an AIM junior explorer NOT in mining with income. RRR : It is PIVOTING like Echo Energy into artisanal working leftovers initially in FASO.

No one knows how they will work the WORK STREAM yet until PRODUCTION starts which will match internal MODELS against production [actual].

In the meantime, LEGAL CAVEATS KNOWN to all: OPTION money as I stated for CLARITY. That goes for any co that needs funding for operations which is common to no income AIM co's. KNOWN FROM DAY 1. That is called RISK!!! I dont have to go into details about option money as one can look it up. Option carry NO CARRY overs , it is IN THE MONEY or OUT OF THE MONEY with an EXPIRY date.

I have tried to explain and instead , called names etc which is the least and not the worst. Why? So, HAS MY EDUCATION taught me wrongly ? Obviously NOT because what the lecturer lent me in early life which is his own personal library called Monte Carlo School of Simulation is still RELEVANT today AT MIT, one of the world's premier uni's. Is MIT also in the "SPECTRUM" as AimDogs stated yesterday followed by another 2 comments? Obviously NOT, and MIT IS THE EVIDENCE of that via Helpful's link to free online courses. It stood me in good stead in life to learn so early.

News, Sun, 7 July 2024.

Helpful-Great link to MIT free courses on: "Computer Science & Programming using Python:

Topics: MONTE CARLO SCHOOL OF SIMULATION, Statistically THINKING, MODEL implementation & Analysis, PROBABILITIC MODELS, Intro to INFERENCE, ---learn MODELS from HYPOTHESIS & perform statistical analysis on real data, prepare & EVALUATE STRATEGIES , ---start up SUCCESS." Etc.

My Comment: This is applicable to RRR as well as RRR FASO gold production from left behind artisanal workings ==DOES require deployment ==of MODELLING. Even ECHO Energy , pivoting to Peru start up & JV for small gold production from artisanal CANNOT TELL the production until they do step by step. Why? WITHOUT MRE, PFS, Conceptual Model, Scoping Studying, BFS etc, it is not definitive enough. HENCE, WHY MODELLING COMES INTO PLAY inc HYPOTHESIS

So, AimDogs et all in reference to your remark, is MIT ALSO "IN THE SPECTRUM" as you call it ? Folks like JIM SIMONS, the hedge fund that has consistent successful returns over many years DEPLOY computer systems. So, it is based on what one studies after school and hence, MONTE CARLO SCHOOL OF SIMULATION is still in place. Ah, speaking like a machine etc. Without modelling, how does ONE CALCULATE potential scenarios for GOLD PRODUCTION from artisanal workings? HOW?---

====To the others, if one is confident OF THEIR SHORT THESIS[ KNOWN TO THE LAYMAN AS BEAR THESIS] school of thought , then ALL DISCUSSION must be allowed as a right under CHAT RULES of LONDON SOUTH EAST FORUM.===

Surely , is it not? No need for...x, y, z. === News, 7 July 2024.

"The Confederation of Sahel States" will use the acronym AES, will group 72m people. They have also created a joint military force to combat the j. group. " -CNA News, Sat, 6.7.24.

Relevance: RRR is in Faso via a start up gold operation [ from artisanal].

It has been on for a few days now. But its GONE now after I typed about it so perhaps someone sent a report? Dont know. Will see in the coming days.

--------------------GOOGLE IS BOOK MARKING LONDON SOUTH EAST RRR AS A "FEATURED SNIPPET" FORUM.------------------

Try and check by typing: London South East RRR and what I described.

It also said to report PER GOOGLE RULES etc. Have a read. Ah, so, now with GOOGLE SEARCH TOP FEATURED SNIPPETS, comes EXTERNAL rules like on Twitter and breaking of Twitter rules. Interesting. 6.7.24. Like days of RRR v G.C.

I dont have this forum booked and I have to type "London South East RRR" to get to this site. I was quite stunned to see this LSE RRR forum , as a special BLUE LOGO of the LSE and inset with "ABOUT FEATURED SNIPPETS".

Only then, comes out the normal LSE red & blue logo with LSE share price and share chat. RRR is currently NOT the No1 chat forum given Helium One is the top Chat No 1 forum. So, I tried the same but Helium One LSE=========DOES NOT TURN UP ON THE TOP LINE WITH SPECIAL LSE BLUE LOGO AND FEATURED SNIPPETS"

-------------I CLICKED ON TO THE "FEATURED SNIPPETS" on the line of LSE RRR and found it is FROM GOODGLE WHICH IS TO SHOW ALGO SEARCH. Then, there is also a line that SAYS Help which is also from Google. It also ask people to ...

==========THIS MEANS LIKE IN THE DAYS OF RRR V G.C , it is NOW GOOGLE FEATURED SNIPPETS AT LSE RRR, which means TOP SEARCH and Google has also got policies.

One of Blueboy1975's title header was COMPLETELY WIPED OUT on this site for the obvious reason per rules. So, this means that a lot of other posters may be reading this forum and found the TITLE Blueboy1975 not acceptable and I cannot repeat it. Interesting. 6.7.24

P.S. In the RRR-POW deal for New Ballarat Gold Corp, it needed to GET ENOUGH VOTES for RRR to buy 49.9% of Pow's share of New Ballarat Gold. It is at least 50% VOTE from MAJOR SHAREHOLDERS who provided the the required THRESHOLD minimum to pass the buy.

SINCE THEN, A HNW CONVERSION into RRR shares of £182k [ RRR Mkt Cap £2.03m] is about 8.9%. The HNW said it was for the long term and ITS GOING INTO AN ISA. So, the SHARES OF MAJOR SHAREHOLDER COUNT IS HIGH IF 50%+8.9% SAY, for EXAMPLE.? Done know as got to hear from others what they reckon ? Just a discussion. Sat, 6.7.24.

By the way, AimDogs , the originator of this thread, followed up by Zumore and Banburyboy, for the AVOIDANCE OF DOUBT, as you know, I always CHECK data.

As such I LOOKED IN THE MIRROR and LEGALLY CONFIRM that my face looks normal LoL, so that now proves folks cant see other folks faces here but suffice to say, NOTHING LIKE. LoL. Hence, WHY NO ONE on this forum is on any "spectrum." LoL. Sat , 6.7.24.

The above 2 RRR TR1 RNS [2] was about Mr Black increasing his stake to ALMOST DOUBLE to 10.8% region. And just a few days ago, two CONVERSIONS were also issued RNS. This was an amount for some £33,700 and £182,000, one from a "service provider" and the other an un-named HNW.

Given the RRR mkt cap is around £2.05m region, the above is quite substantial [example 10% stake is around some £200k+]. Moreover, the RRR RNS stated that this HNW [I presumed is HNW] said it is for the long term under an ISA [see details]. Also, that the HNW supports RRR in the funding of which Mr Bell thanked the HNW for the support of RRR.

CONCLUSION: So, Mr Black, a merchant banker & mgr of an investment co and new HNW joins others as substantial holders of RRR. I read Mr Bell's C.V from an article and it was stated Mr Bell worked in many leading investment firms so it is a no wonder he is in touch with HNW or family offices etc.

So, for those in position here, the share price is at this stage wherein it is supported by the majority holders and there are NO large sales but rather the large BUYS were from Mr Black, who later filed the TR1 form to show his holding almost doubled.

So, there is no need to ....this or that as the MAJOR SHAREHOLDERS were recently asked to vote on the RRR-PoW deal for this co to buy PoW's 49.9% - so obvious a/c to company law, RRR got the vote threshold in order to initiate the deal completion in stages. SO, APPROVED by the MAJOR SHAREHOLDERS otherwise, the deadline would have passed for the agreement.

In short, the MAJOR SHAREHOLDERS are holding at least 50% to pass the deal above and it would then appear that there is not much stock in circulation but I am not privy to the RRR Registry to further analysis who else is a sufficient big holder under 3%. Thank you to NIKEAIR180 for confirming that predictive text is only here of which I dont know how to fix it in particular as not good in tech. Best wishes, News, Sat 6 July 2024.

Will be around these forums. Not gone anywhere. So , cheerio. But will reserve the right to post per London South East chat rules as and when -- there are more people besides the 1-3 SHAREHOLDERS vs all the other declared NON-SHAREHOLDERS of RRR. Sat, 6 July 2024. Thank you.

P.S.

I do post on other forums where they are familiar with exploration , mining etc and I dont have to explain in any detail and I do post short posts. So, it appears in =EXPLAINING== to help others , it is not appreciated. But relating to RRR Australia, that has been beneficial and stated so , isnt it on this forum? Thanks. I have posted on the other RRR.GB. PL forum today for a short post for clarity. Sat, 6 July 2024.

For the avoidance of doubt:

NO ONE on this forum or other forum has been diagnosed as "IN THE SPECTRUM" in real life as AimDogs posted using a poster's name.

So, Zumore, your link to "AUTISM" is not appropriate as such under this thread.

I saw a thread on this forum, in fact two, that London South East has removed for name calling some one else. Sat, 6.7.24

I will reply on this forum so as not to be going to and fro in extended discussions. I have set my summary as far as I know on RRR at this juncture. As I stated, when asked is that , in general , if there is a RE-ANALYSIS of any co, then do not continue if the situation has not yet turned for the CATALYST/s and this is something KNOWN isnt it?

So, there is CONSISTENCY in that strategy as known. So, STAY, LEAVE, HOLD etc is dependent on CATALYST/s and this is from the industry as well.

News, Sat, 6 July 2024.

Red Rock Resources:

Burkina Faso [artisanal start-up not yet in operation], Cote d'Ivoire [licence], Kenya [Migori awaiting licence renewal], El Limon staged royalty on re-start of mill], Mt Ida [royalty. No mining yet], DRC licence, DRC litigation awaited, LEGACY obligation? etc.

RRR 100% Australia but with staged payment to be made to PoW for their 49.9% bought - early stage.

Liabilities: See last financial report/s. Obligations? Have to do detailed audit for self.

BOOBOOBOOBOO: I read his profile page after Helpful showed this poster's post from days gone by as to RRR v G.C.

I also read that Boo, 4 times stated RRR had to SELL JUPITER MINES. This chap was from times past ie at the time vs others on the other RRR forum and this forum stating NO NEED to sell but not there at the time.

MY VIEW: ==DONT BLAME ME==because I have listed the projects of RRR and many more I am not familiar with as I came onto this forum for the DRC award of $10m before expenses in recent times and this has NOT eventuated yet. Everyone KNOWS THE SCORE above. This is more difficult than other more easy projects ie just 1 project that is BEING DRILLED or start of drill. So, JUST BECAUSE I AM HERE, ==========DOES NOT MEAN ITS A BANKER.===Why? NONE ARE BANKERS. Why? In Exploration , there are many variables like Twiggy's 1st co had metallurgical issues with the deposit. Some like to BLAME.

My view: One of the more difficult junior explorers that I have been in as there are multiple projects here and hence more complex. Hence, why NOT BANKER. The term was used by one poster in this forum for horses but I NEVER CONSIDER ANYTHING BANKERS as it is NOT REALITY in the markets. DYOR. NIA. Sat, 6 July 2024.

Sorry for typo's. The predictive software changes tense, words etc. Not sure why ?

Contd:

Paul Johnson, a Chartered Accountant working as a loss adjustor has learnt the basics and about commodities then. Now, he is a seasoned investor. ANY PROOF? Yes, Paul an ordinary investors on stock forums MADE IT OUT OF AIM and PROVEN so by way of now being CEO of GGP alongside with A.Bell, Chairman of GGG then. Now, GGP is a 3 high digit million dollar co. Any here that MADE IT OUT? If they did, they would be CEO's of co's like GGP like Paul.

Talk is of little use on stock forums. Why? They have NOT SEEN AIM action and learnt the basics nor round the RODEO many times. SO, TEACHING US based ON NOT ENOUGH EXPERIENCE IN STOCK MARKETS. Why , that is like a 70 YEAR OLD listening to a 5 YEAR OLD isnt it? Look at the POSTING COUNT - everyone of us on these forums look at COUNT . Why? Small counts means NOT LONG in the markets.

BLAME? I have now summarise these the market in general and few have escaped the BEAR years. SO, the ill-will doesnt land. Why? BLAME is DOWN TO SELF and that is also a general principle of LIFE isnt it? Last night, I read a politician was homeless and now in law. Yes, life is tough as well. With that, thank you all. News, Sat, 6 July 2024.

------------Conclusion & Moral of the Story--------------

Look at what TROJAN [107,000+ posts to his name] stated and what I quoted about AIM in general and in particular : it is "unforgiving and brutal". Why? DID NOT ANALYSE and consider how volatile AIM can be and that the COMMODITY MARKET HAS BEEN IN A BEAR MARKET FOR YEARS. Said by Paul Johnson et al.

So, the BLAME x, y.z is now history - the way AIM works is to obtain CAPITAL /funding to carry out drilling etc and that means , we the people fund these projects. That is stated by the London Stock Exchange AIM , that AIM is growth stocks and it is funding growth stocks. So, lots TO CHOSE AND PICK FROM. Even STOCKPICKERS has stopped picking commodity stocks as the podcasts are no longer on commodity stocks.

I am posting this because it can be POSITIVE going forward . Why? In life , they call it LEARNING the lesson or not. If the lesson is learnt the hard way, that means one can move forward with a REVIEW of what to do. OR LEARN from those who have seen FIRST HAND like Trojan over the years and observation etc. AS THEY SAY, IT IS A LEARNING CURVE and could have been LEARNT BEFORE EMBARKING on this journey that needs SKILL. Like what? How to buy, sell, hold etc, same as any other skill for FTSE.

All the nays on this forum when one looks at their OPEN PROFILE page to see if they are the "EXPERTS" they deem themselves just because they say they are CHARTERED ACCOUNTANTS, accountants.... etc. THE FUND [STOCK] INDUSTRY has its proven skilled analysts and they survive every cycle because they have learnt HOW TO ANALYSE. Trojan now knows the basics thru years on AIM. He doesnt BLAME anyone as he knows that his days on these forums are to pass his time and he said so and today he is interest instruments for his pension. I just read a few pages and he told someone he was a steelworker.

So, those who tell others they are experienced and when one just opens their LSE PROFILE PAGE , one can see if they are the EXPERTS they call themselves especially their POSTING COUNT. Why? The SMALL COUNTS have NOT BEEN LONG in the AIM market and seen little action. SO, LEARNING OR NOT LEARNING is up to self as that is a choice. RICK RULE SAID FOLKS DONT PUT THE TIME IN - but for him that is his livelihood. End.------------

News, Sat 6 July 2024. I CHECKED ALL THE NAMES ON THIS FORUM FOR "EXPERTISE" and none have the RANKING on this forum. How does one check? Just look at page 1 of open data profile. HAVE THEY BEEN DAY 1 AS EARLY INVESTORS OF GGP, GKP, RKH and so forth when they hit MILLIONS IN MKT CAP from shell caps? Well, those are NOW FAR AND FEW. In the USA, when one goes to a surgeon, they are RANKED of how many successful operations, non-successful and that goes for ANALYSTS by way of RANK 1/8000 and % of success. Yes, it is ranked. SO, NO RANKING BUT ONE CAN RANK ON THE LSE. Paul Johnson said so per others on the other forum ADVFN ie that he knew who to follow. Paul, a Chartered Accoun