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Specinvestor99

You want results. What sort of results? Example: GGP now owns 30% of Havieron. They are still trying to drill other prospects with JV with Rio as well. What results? Only result is 30% of Havieron, a gold prospect. Solg- they spent over $300m in exploration etc [they tweeted this themselves but it is IN THEIR BALANCE SHEET] and the gold /copper projects are ALL they have and NO CAPEX or PRODUCTION START yet which is the same for GGP. So, what results do you want? How do you determine value? ALL STOCKS DISAGREE WITH YOUR IDEA of value surely? Yes ? No? Up to you what your view is but the market has other rules ie LIFE-CYCLE OF A JUNIOR EXPLORER and LASSONDE CURVE. DYOR. NIA.

Specinvestor99:

Woah!!! ASSETS IN THE BALANCE SHEET OF A LISTED CO UNDER THE LONDON STOCK EXCHANGE REGULATORY FRAMEWORK is NOT ----FACT???? Woah!!! LoL. Heard of auditors? Not going to answer anymore.

Why? Waste of time ie semantics. Solgold has copper & gold asset at Alpala -they have just tweeted the M & A price for copper quoted at 6c per lb and this is known in the industry. So, stock is being re-rated due to the rising copper price --this is news. Similarly, RRR has Kenya @1.2moz gold JORC @$30 per oz, that equates to $36m in M & A valuation and this is standard analysis. WHI Ireland likes or from what I read, they do in the ground valuation for co's eg Mankayan.

Zumore: YOU STATED YOU EXPECT AN APOLOGY? FOR? I STATED THE RRR BROKER NOTE STATED : $430M SOLD ON of RRR asset and asked you to check. You initially stated that was a "LIE". It is in black and white. What you chose to interpret from that is up to you. I dont owe you an apology - you owe me one. FACT.

specinvestor99

A/c to the RRR RNS, 28 Mar 2024 ["1/2 year report [a/cs]: they have already stated RRR consulted UK LEGAL COUNSEL re: DRC arbitration and that their rights are established kinda of thing. I THINK YOU SHOULD READ THE RRR RNS under the title: "LEGAL ACTION IN DRC."

WHAT? RRR NOMAD HAS NOT SEEN ANY LEGAL DOCUMENTATION eg Award Draft? Not norm is it? I am NOT stating anything that is NOT in the RRR RNS surely? RRR Broker /s --did they ALL NOT MENTION RRR DRC LITIGATION.

If I see a legal counsel and it is a big case, would one NOT receive a LETTER/EMAIL relating to the OUTLINE of their advice? It is norm isnt it? So, ya mean to say, RRR consulted UK LEGAL COUNSEL and there is NO DOCUMENTATION IE legal proof and evidence?

BLUEBOY1975 - he was on all night. He has disappeared.

Now , it is ZUMORE.

Now, it is BANBURYBOY speaking to specinvestor 99.

I am 1 person taking on loads of posts , ALL OF WHICH IS IN THE RRR RNS/s so, kindly read and if NOT SATISFIED, ring the NOMAD. ZUMORE - I SUGGEST YOU ASK THE RRR BROKER AN APOLOGY IF YOU WANT ONE.? Apr 1 2024, Mon. Public Holiday and Stock Market closed. Not fair that there is only 1 of me vs so many all at once coming on.?

INTERNATIONAL ARBITRATION:

RRR RNS, 28 MAR 2024 : "1/2 YR REPORT":

States clearly, UK COUNSEL was asked about DRC arbitration before embarking on this course -now several judgments are in favour of RRR and awaiting payment of US10m [total was $20m of which only $5m was paid to VUP, RRR's JV partner of 49.9% with RRR owning 50.1%]. International Arbitration: Counsel has already been consulted and per Helpful, counsel said per Treaty of Rome, it has to be London or Switzerland for the hearing.

INTERNATIONAL ARBITRATION:

Non one knows yet the CLAIM as that has to be accompanied by a Investment Bank's Valuation Report as norm.

Suffice to say, Gecamines ONLY PAID US$5m [out of the $20m] to VUP, RRR's 49.9% JV partner @DRC Musoni asset].

Helpful said that a/c to in the ground , it is currently US$4bn.

So, will the International Tribunal not hear that a $430m MUSONI ASSET to to the major was done via a payout of only $5m to only 1 JV partner but NOT RRR, the major holder of 50.1%? ALSO, ISNT IT RICH THAT A $4BN IN THE GROUND was sold and only $5M PAID thus far? Me thinks it is open and shut, just on this 1 point alone. ? NIA. DYOR.

1 Apr 2024 [Public holiday and stock market closed.]

Discussion about $430m RRR asset sold on [RRR has a 50.1% JV in DRC asset Musoni] on this forum.

So, Zumore said that the international major's LEGAL TEAM checked ie "MADE SURE THAT GECAMINES LEGALLY OWNED ALL THE LICENCES." & "a subsidiary of G: AFTER ALL, THEY BOUGHT THE LICENCES FROM A GOVT OWNED CO"

IS THAT THE LAW ie buying a asset that the other JV PARTNER OF 50.1% WAS NOT AWARE OF? May I remind that RRR in having 50.1% is the majority partner or operator per industry practice. So, RRR the 50.1% JV PARTNER WAS NOT ASKED, CONSULTED OR TOLD THAT it was being sold and the buyer has acquired GOOD LEGAL TITLE? Oh, wah? In England, that is a bit rich, wouldnt anyone say so? DYOR. NIA.

Even a kid knows one cant sell what one does not own 100% - is that taught in school?

Zumore:

So, you now CONFIRM that the RRR broker note does STATE: US$430m. Your suggestion it is from A.Bell is up to you. As I have stated before, we are living in the UNITED KINGDOM, not some no law regulatory environment. You are free to think what you like but the above is in BLACK AND WHITE , as contained in a RRR Broker note and the broker is a broker to RRR in addition to the NOMAD. Perhaps, you may think that in the UK, everything is based on one's word and LEGAL EVIDENCE AND PROOF is NOT REQUIRED. Even if I want to speak to the Mgr of the Bank or before I can transact above the norm, I have to SHOW AML proof. Even the broker has to do AML etc checks.

RRR RNS, 28 MAR 2024:

It mentioned "several millions" did it not relating to the RRR DRC asset [JV]. So, is US$430m NOT "several millions" ? May I also respectfully remind you that you said "$430m" was a "LIE" --------now you have checked for yourself the RRR broker note and it is NOT SO, isnt it? So, I take a implied apology.

LAW101

You appear to be NOT conversant enough of Law 101 international arbitration and DRC asset litigation in general and in particular + 2 SEC & SFO investigations etc. This is GENERAL DRC background law precedent cases - Pinsent Mason gives a guideline as well on DRC assets etc which I have posted. It is ONLY your opinion that RRR'S JV PARTNER "SURRENDERED" the licences to Gecamine and US$20m. You call it "AMICABLE TERMINATION." How CHARMING? Why? Oh, I own 1/2 a house with my sister and I surrender it to a buyer? Well, if that is what you appear to understand, then it is NOT LAW in the UK that one can "surrender" what is NOT 100% the owner's. So, the international miner that bought it has DONE "NO WRONG" a/c to you. Then, you should read AVZ [largest lithium deposit in the world]. AVZ of Oz has already got an INTERIM WIN. DRC took back the LICENCES and another major is going to develop it last I read. AVZ international litigation is into the FINAL ROUND ie both sides to present but it is rather clear what will happen or NOT. If someone sells their sister's 50% share of a house, they dont own, then the BUYER has not got good TITLE and is subject to litigation. RRR HAS CONSULTED UK COUNSEL on both DRC LITIGATION AND INTERATIO;NAL LITIGATION -refer RRR RNS, 28 Mar 2024 [1/2 yr report]. Maybe, you are of the opinion, NO LEGAL EVIDENCE HAS TO BE SHOWN and its is hearsay but that is up to you. DYOR. NIA. Mon, 1 Apr 2024 [Public Hol, Stock Mkt closed].

Before expounding the so called "virtues" of SHORT SELLING especially a stock like RRR, put the whole picture forward, that one can lose one's shirt ie house [well known]. This is a general warning to all short-selling. I have never done even a spread betting short etc and will never do so for obvious reasons and it is not quite moral. ?

As for RRR, the exaggeration can be very dramatic as it is a small mkt cap relating to shorting. Always put the WHOLE PICTURE, not just a 1 sided pic. There used to be 1 short seller in the UK who self-styled himself "BRITAIN'S MOST FEARED SHORT SELLER" - ah well, not one word these days. He short sold Solg and made this public and the rest is history - 101 says never to short sell a co that is drilling a potential Tier 1 - Newcrest invested at a huge premium and the shares SHOT up dramatically. BHP then followed up and the rest is history.

One very big FACT that cannot be ignored. It is called SELF-REPONSIBILITY:

If one picks a stock, any stock and it has LOST 4-5%, it is time to CHECK in particular, in general and the market sector which includes macro and micro. The alarm bells have started to tingle.

IGNORE: The stock may slip 10%, then what? Is the fall relative to the sector or market in general/particular? Warning bell #2 has sounded.

IGNORE: Well, it could be TOO late if it has gone to 90% fall because in the history of prices, a mining expert on this site said it could go even further down. So, procrastination is up to self. 10% loss, one can still recover but HARD at 90% plus especially those who put EVERYTHING in 1 stock. I wont mention names but I decided to check 1 poster's history and I note that he posted on another stock and it would appear he IS --ALL INTO THAT STOCK. Again?

LOSSES:

Whoever has dabbled in the stock market would be not telling the whole story IF they say they NEVER lost. Even Warren Buffett's 1st investment lost almost 50%. Recall he had to borrow etc... So, LEARNING is free. QUEEN ELVIS on this site who was a poster said: go round and follow stocks cos its free. What she meant was learning is free before one plunges in and makes a mistake that cannot be corrected.

SCHOOL: I learnt to take responsibility. AMERICA: They have a winner's mindset. If they lost and many have done so, they get up and try. On ADVFN, there was a discussion and some said that is what they did exactly ie try to recover their losses, of which they have done so. A poster called Count....said he had to take a job and save $10k to start all over again. So, if one concentrates on losses ie time, health spent on forums, it cant BRING BACK THE MONEY. So, its best to re-assess. Hopes that clarifies and helps. Mon, 1 Apr 2024 [Public holiday & Stock market closed].

Let us differentiate between LITIGATION & share price performance. Why? Both are NOT based on the SAME principles of Law 101.

Oilplayer2009 : Whoever this poster on Twitter is and who he MAY be on this forum is irrelevant.

RELEVANT:

The PAST is NOT relevant to the current which is based on ASSETS [minus liabilities] of RRR - this is the cornerstone of ALL stocks, be they junior exploration OR FT co's. This is FACT. Personal financial position: Also based on Assets minus liabilities -see Probate Court Document which has a Asset/Liability Valuation Report that has to be submitted. All else is noise. However, if one thinks a CEO is great, not so great etc, all are FREE to go to their favourite CEO etc.

Solgold is in the process of upward re-rating based on its ASSETS [they spent over $300m on exploration etc and they tweeted this themselves but I had ALREADY CHECKED THE BALANCE SHEET so I was well cognisant as one has to check mkt cap vs exploration cost to get to X ozs of gold , Y lbs of copper etc. It is called the MIS-PRICING MODEL.

JOE PUBLIC, JANE PUBLIC:

Is Oilplayer2009 of Twitter STILL INVESTED IN RRR today [even though a public holiday, one can still see one's a/c ie whether one does HAVE or DOES NOT HAVE RRR shares?]. Is Zumore still invested as in have RRR shares today ie public holiday. IF ANSWER IS YES, WHY? On the comment about salaries etc, there is NO BREAKDOWN and Black Scholes model is the norm. Any court case is not just about performance etc [needs a more specialised report and Player2009's tweet will NOT be accepted as EXPERT REPORT as he is not a Court recognised expert witness ie a big name/firm that can produce court reports etc] but rather on defamation etc. Big difference in Law 101, I am afraid but that is not for us to say as I am NOT subject to it at all.

Ref: Red Rock Resources RNS, "HALF YEAR REPORT" dated Thur, 28 Mar 2024. Under the sub-title: "DRC LEGAL ACTION" and opening Chairman's statement refers to the DRC legal action in Kinshasa and OUTSIDE DRC. In my post below, I mentioned what the RNS of 28.3.24 stated via para phrase [to be checked with verbatim].

?

NO ISSUES WERE HIGHLIGHTED RE: DRC LEGAL ACTION , RRR RNS, 28 MAR 2024 [1/2 YR REPORT/A'C'S]?;

It is my view that NOT only did the NOMAD review as norm the above RNS especially relating to the DRC legal action and beyond ie outside DRC, it may also have been reviewed by legal counsel [RNS type] also norm oft times.

ANDREW BELL, CHAIRMAN, RRR TWEETS:

"The issue is that one CANNOT make public statements about EACH meeting.

THERE IS NO CHANGE IN OUR GUIDANCE."-28 Mar 2024 in reply to Sharedycat1, shareholder of RRR re:RRR DRC.

[2] "DRC update is indeed due and promised. Obviously, I did not spend a week there for nothing. Did any party get paid? No. So given they want their money TOO you should suspend judgment and assume a S O L U T I O N is COMING." - 28 Mar 2024 in reply to 3 shareholders.

[3] "NBGC is about PACKAGING the project to ADVANCE it." -28 Mar 2024

[4] "Understand but in fact, we SEE there is NOW A C O N S E N S U S --on our RIGHTS--- and we are ensuring we separate our issue FROM those of OTHER PEOPLE, so modalities."-28 Mar 2024 in reply to shareholder who attended RRR AGM on 16.2.24 via Q asked re: Lawyer needs paying -What is happening in DRC.

Conclusion:

Taken together with the RRR RNS, 28 Mar 2024 [1/2 yr a/cs] , can we read OR NOT, that the payment is NOW at Gecamines ie a demand for payment? Why? RRR RNS 28.3.24 does not HIGHLIGHT any issue/s but instead mentioned state miner which will be Gecamines who is the payer of the US$10m of which there is a "consensus" as above? A discussion or if anyone can ask Mr Bell if we holders have got it RIGHT or wrong on the general and the particular from the said RNS on "Legal Action in DRC"? Thank you. On RRR Australia, gold prices bode well for any deal/s etc? Mon, 1 Apr 2024 [Public holiday and stock mkt closed.]

Peter Schiff [Chief Economist & Global Strategist] : "Gold is continuing its RECORD RUN tonight.... Gold is not just another commodity. This significant rise HAS MEANING...WARNING BELL GOLD IS SOUNDING..." -11 hrs ago, 1 Apr 2024 https://twitter.com/PeterSchieff/status/177459684386785158 ["Gold is up over $30 now, trading at $2,264"-8hrs ago]

The legendary Robert Friedland : "Financial Times reports "Traders bet on supply SQUEEZE pushing up copper prices. Elevated mine supply disruptions point to a deficit of 700,000 tonnes and should start to feed through to refined production too, said MORGAN STANLEY in a note, predicting $10,200 per tonne by the 3rd quarter." -1 Apr 2024 https://twitter.com/robert_ivanhoe/status/1774672462946693184

Lots more - too many to post. Suffice to say it bodes well for RRR Australia [Victoria]. In terms of RRR DRC Award Arbitration, Mr Bell, Chairman of RRR said staff in DRC & Burkina working over the Good Friday & Easter Mon and he is working on/off on the public holiday. The RRR RNS: "1/2 yr report" [accounts] dated THUR, 28 MAR 2024 in FACT does NOT state issue is ongoing [?] but RATHER THAN THE STATE MINER has stated in the Arbitration Court via their Counsel that they will pay? Then, it goes to say, per the RNS, that payment...timing..hence may have to make other plans eg...? [all para phrased as I dont have the RNS in front of me but I thought about it last night.] UP TO EACH ONE TO READ THE RRR RNS VERBATIM ON THIS & WHAT WAS SAID/STATED etc. Interesting. Mon, 1 Apr 2024 [Public holiday in UK, mkts closed.] DYOR. NIA.

Just in: "JP MORGAN: GOLD IS OUR #1 PICK AMONG ALL COMMODITIES: Upside Price Target $2,500/oz." 1.4.24

https://twitter.com/goldseek/status/1774694251999215656

[2] "Gold price is trading at $2,335 an oz in China on Mon, or $70-75 a oz higher than the West." -1 Apr 2024, President of Gold Seek.com https://twitter.com/goldseek/status/1774675152116031752

Will post more after lunch re: above title. Relevance: RRR has gold projects & JORC Kenya/Tailings of 1.2moz JORC [licence being renewed].

Https://twitter.com/GoldSilverHQ/status/17745909701075560 [1 Apr 2024; "Solid start to week. $2,248/oz gold price."]

https://twitter.com/BankerWeimar/status/17745918611170028604 ["Gold Futs: Comex - Gold $2,266. "

1 Apr 2024[. IN THIS THREAD: " JASON BURAK, VERIFIED: CEO OF WALLST FOR MAIN ST LLC: CHINESE SECTOR

GOLD DEMAND. P A N I C BUYING." [In reply to the above price.]

GOLD HITTING RECORD PRICE.

Bodes well for RRR with 1.2MOZ JORC KENYA [renewal of licence, 28.3.24 RRR RNS, 1/2 yr a/cs]. M & A = US$30/oz [before prices went UP] so 1.2moz JORC = US$36M vs RRR MKT CAP : £1.94M @0.056p. SOLGOLD ALSO DID M & A PRICES FOR COPPER @0.6c/lb to value their copper deposit -industry standard norm to use M & A.

Link: From RRR website, Mikei Gold Project [short video] - "1.2 MILLION OZ OF GOLD."

https://www.rrrplc.com/mikei-gold-project-kenya/

RRR RNS, 28 MAR 2024: "1/2 YEAR REPORT." [A/cs]: "We are in the process of licence renewal, which already contain A =========MINERAL RESOURCE ESTIMATE.===="

GOLD PRICE JUST HIT A "NEW RECORD HIGH" at US$2 2 4 0." https://twitter.com/GoldTelegraph_/status/17745822289629430 1 Apr 2024. In fact, it has hit US$2,258 per another post on Twitter with screenshot I gave below.

====YAY: A/c to M & A , per oz of gold is US$30 per oz [before gold prices went up], so R R R Gold in Kenya with J O R C of 1.2moz gold = US$36 MILLION PER M & A TAKEOUT PRICE vs RRR MKT CAP : £ 1. 9 4 M @0.056p.====

Solgold just put out a sheet on M & A copper price at 0.6c per lb, so standard to quote M & A = VALUE. Industry norm.

Gold $ 2 , 2 5 8/oz now. Screen shot by https://twitter.com/davidrico19/status/1774574209370292546 1 Apr 2024.

Link: https://twitter.com/DavidLe76335983/status/1774559862380228786 1 Apr 2024 , Mon.

------------Yay--RRR has many gold projects.----

Blueboy1975

No one dictates who posts on RRR forum ----keep to FACTS via RNS NOMAD.

You, a shareholder of RRR?

Why, that is interesting. I just read your history and you told someone on FRR.L that its not nice to gloat over other's losses in FRR. But you just stated ...napalm on RRR? Why?

HawaiiFive0

Hear Hear. Recommended Post. Pleased that Australians, Canadians are all in tandem now with what is happening ie shorting and Canada has launched BILLION $ CLASS ACTION against naked shorting which has lost the junior miners $40 BILLION. ALL IN THE NEWS AT PDAC MINING CONFERENCE IN TORONTO THIS YEAR.

"17 DAYS. LIES.LIES" -BB poster.

RRR is not only about the DRC Award Arbitration. The other BB poster said RRR RNS NOMAD needed --RRR RNS, 1/2 YR REPORT/ACCOUNTS ON 28 MAR 2024 WAS ABOUT ALL THE OTHER PROJECTS --------NOMAD APPROVED.

Me - I post on other stocks I have as well.