RE: RRR re-tweeted A.Bell, Chairman interview with Stockbox, 9 May 2024.29 May 2024 22:02
YES, what I posted about Junior Explorers losing 95-99% is DEFINITELY RELEVANT TO RRR. How? A/c to Helpful, folks like Dukey and even Banburyboy were NEVER invested in RRR but only in RGM. However, Banburyboy stated he and others are "disgruntled" per his own words verbatim. Disgruntled is one thing but now from RGM to RRR? RGM is now run by someone else and not A.Bell. Everyone is aware RGM the sister co Bell ran is up 300% if not just a bit more as it changed direction to oil. Coming back to the QUESTION how is AIM junior explorers losing 95-99% in the BEAR YRS RELEVANT to RRR ? It is relevant because this is ALL THAT THE NAYSAYERS TAKE ABOUT ie of yesteryear. Yes, in the last few years of the bear mkt, RRR WAS NOT THE EXCEPTION to the AIM JUNIOR EXPLORER INDEX. How? Oilplayer2019 showed 40 junior aim explorers that lost 85% but he tracked only to Sep 2023 from recall. RRR-DID IT DO WORSE , BETTER OR EVEN STEVENS RELATIVE TO ALL THE AIM JUNIOR EXPLORERS ? Answer: IT FAIRED NO BETTER ie it did NOT BUCK the general trend of losses and they are measured officially as well. Like how? GDXJ is the American version of junior miners vs GDX which is miners. But as PAUL JOHNSON STATED RECENTLY in his tweets, when GOLD ROSE TO ITS HIGH , RRR FOLLOWED two years later and rose FROM 0.25p to 23p. Everyone as in those who posted during the time when Paul was on the forums, they all say he got his BREAK in LIFE from RRR and presumably when RRR rose from 0.25p to 23p. But many say Paul bought at 2p and sold at 20p ie 10x. So, on the one hand, Paul made his starting capital in life with only little capital of some £12k as he had a family but one reads of the people who lost in RRR during the bear years of the commodity cycle. Ya know, dont buck the TREND and all that? There is something else in Paul's life and that is his father. I read it somewhere and therefore NOT surprised he is blessed and that is why I say, it is better to move on , than to wish ...on RRR and all shareholders by extension. If RRR does not do well, TONS OF PEOPLE will be affected and how does ONE JUSTIFY wishing RRR not do well. The minute I post some progress which HAS TO BE PROVED shortly in the coming future, out comes A BIG ....for me. For what? For just posting the A.Bell notes from the recent interview. Why? Because NOTHING POSITIVE must be posted.? Yes or No?
IN STOCK MARKET ANALYSIS, one must take the official stats of measurement for a set of stocks. In a recession, the RUSSELL 2000 will never do well in theory. Russell 2000 is the American index of small stocks but does not include S & P 500 or Dow. One must match index to index to see IF one can beat the trend.
RRR: Management and all that. THE OFFICIAL RECORDS SHOWS NO CO PRACTICALLY except maybe Solgold or GGP did not suffer a 90-95-99% fall in its share price. Why? Solgold & GGP found a Tier 1 deposit. IF RRR still HAD MUSONI, it too will not have fallen 95-99% fall so the PROOF SHOWN.