From Goldman Sachs website: "GOLD FORECAST to climb 6% to US$2,,175 a troy ounce in the next 12 mths. STRONG RETAIL DEMAND could propel the metal's price HIGHER. The rapidly cohort of "affluent " consumers in India...big policy shifts in China,. Turkey in the past few years. Gold has benefitted from weakness in Chinese equities." Cant type everything out so kindly read about geo-political risk., central bank buying and so forth.
Link: https://www.goldmansachs.com/intelligence/pages/gold-prices-are-forecast-to-rise-six-percent.html dated 22 Feb 2024 from the Goldman Sach website., No 1 investment bank in the world./
Comment:
Note that they will NEVER hire anyone who reads WITHOUT BASIS, data, charts, market "intelligence" [what is happening] and it is in short dissertation style, NOT 1-3 sentences. SEE HOW ACCURATE GOLDMAN SACHS WAS ON 22 FEB 2024 WITH THAT PREDICTION given that GOLD HIT US$2,200. SPOT ON. In the last para of the Goldman article it stated: " GOLDMAN SACHS GLOBAL MACRO CONFERENCE IN HK THOUGHT GOLD WOULD RISE TO US$2,200 by year end and they did a survey."
GOLD PREDICTION NEXT: Goldman is NOT telling . Why? Unless a Goldman client, unlikely to receive the next broker note on gold. Simple to guess and who cant just make wild guess but that means no job at Goldman until one can predict with accuracy and WITHIN A SMALL MARGIN of error and they want to SEE THE THESIS, not 1 sentence type of posting as per the naysayers on boards. DYOR, NIA. Sunday, 10.3.24.
Enjoy the short video of the gold buying that Bloomberg is taking about [re-tweeted all over Twitter] at https://twitter.com/w_thejazz/status/1766867100931604806 [Hordes buying gold @800,000 and look at the video of NO ONE PUSHING, HURT, CRUSHED etc. Very orderly with 800,000 buying.]
LoL -- some not nuanced as to what is happening as to "SAFE HAVEN" status per the Bloomberg article which Judy Shelton is an monetary economist and renowned in the gold world. No expert has said like on this forum.
"DOES AN ARBITRATOR HAVE TO MAKE AN AWARD IN WRITING?": "Form of award. [1] Unless otherwise agreed in writing by the parties to the arbitration AGREEMENT, the arbitrator shall [a] make the AWARD in writing. [b] S I G N the award and [c] include in the award a statement of the REASONS for making the AWARD."
AWARDS [Source: "Types of awards "-Expert Evidence]:
" C O N S E N T AWARD: Usually the P A R T I E S have reached a settlement and A G R E E D to t e r m s which are then INCORPORATED i n t o AN AWARD which can be ENFORCED S I M I L A R to a JUDGMENT BY ====C O N S E N T .==="
"C O N S E N T AWARDS USUALLY E X P E D I A T E the conclusion of ARBITRATION PROCEEDINGS." Link: https://expert-evidence.com/types-of-award-in-arbitration/
" DRAFT AWARD: " This is NOT binding on the parties UNTIL confirmed by the Tribunal. FINAL AWARD: This should usually be in WRITING & SIGNED by all the arbitrators. The award must contain REASONS and state where arbitration took place. It must be dated. Once FINAL AWARD is made, proceedings is ended." [From the same Expert Evidence, SPECIALISTS IN DISPUTE RESOLUTION.]
Comment: Since it is Sunday with the stock market closed,. I decided to FACT CHECK MY EARLIER POST within this thread, a few mins ago. THE VERY FACT THAT RRR RNS @Reach the DRC Arbitration update [x2] and it was carried by Mining Weekly, it has been REPEATED that RRR has the "DRAFT AWARD" pending FINALISATION and then the last RRR RNS stated: "ALL PARTIES HAVE AGREED." [+same day interview from Kenya from Mr Bell]. There you are, the legal procedure and does it tell one what the stage RRR is at.? BUT DO THE RESIDENTS TELL US, HOLDERS WHAT "DRAFT ARBITRATION AWARD" IN THE HANDS OF RRR MEAN OR DO THEY MAKE OUT , IT IS OTHERWISE OR NOT? YES OR NO
There you are. From GENERAL PRINCIPLES of decoding the RRR RNS of "DRAFT AWARD", THEN., "ALL PARTIES AGREED." More to come but reached the stage of resolution or is it not?
I always check the RRR Tweets and Mr Bell's Twitter a/c before switching off my computer at night. Mr Bell usually re-tweets something [not on RRR] every 5-6 hrs on average. He has NOT tweeted for 20 HRS NOW. On the RRR Twitter, the last re-twee was dated 8 Mar 2024 on DRC update/Oz and Bilbale. There is a reasonable chance one can guess, Mr Bell is already on his way to Kinshasa.
MY TAKE -VIEW ONLY [Subject to objective testing when the outcome is known]:
School work: Start with WHAT IS KNOWN: [1] RRR has the "DRAFT" award awaiting "FINALISATION" and so will all the other parties have the draft. [2] Mr Bell has stated "ALL PARTIES AGREED" [2nd update via RNS@Reach]. [3] RRR's JV partner ie their counsel wants "TRIBUTE". [4] Mr Bell said it could be resolved but he has to go to the DRC.
MY VIEW:
All Courts will NOT entertain a HEARING unless BOTH PARTIES to the AGREEMENT have agreed. Before , any Court hearing, BOTH COUNSELS have to prepare "THE AGREEMENT" and have it "SIGNED" and if not present , then NOTARIZATION must be done for authenticity. I believe the JV partner's legal counsel will NOT PROCEED with the paper work of the agreement or is stalling. VUP cannot pay or does not want to pay "tribute". Tribute in the past was when a visiting vassal brings tribute to a King. That is long gone and this tribute biz is just not on. Maybe,. VUP does not want to remove their counsel? Mr Bell tends to be reasonable and accommodating so I am sure he will try to see what best can be do to MOVE matters. IF,. THERE IS NO DRAFT AWARD , THEN YES, IT IS STILL FAR OFF BUT IF, [IMPERATIVE] A DRAFT AWARD HAS BEEN ISSUED ALREADY NOT ONLY TO RRR BUT TO ALL PARTIES, THEN IT IS A MATTER OF LEGAL PAPER WORK TO GO IN. Example is probate, wherein 2 siblings dont agree to sell but in the end agrees --HIGH COURT WILL SIT THEN FOR ORDER FOR SALE --TWO SIDES MUST AGREE ON THE SALE OF PROPERTY & TWO AFFIDAVITS OF AGREEMENT MUST GO IN and notarized with ID etc. Court hearing is short and sweet with NO objections and supported by legal affidavits. COURT JUDGE RULES ORDER FOR SALE APPROVED. 1 mth later if not sonner, THE COURT RULING IS STAMPED and it is now LEGALLY ENFORCED. This is my understanding of procedure [legal] and legal paper work.
You, ladies and gentlemen of this forum decide and call up legal experts if you have relatives or kin or friends even to confirm. But naysayers NEVER TELL US SHAREHOLDERS the things we ought to know but things to just scare without basis or basis flawed in some way etc as norm?
NEXT WEEK, WE , HOLDERS WILL GET TO HEAR the outcome, one way or the other. I am going to have a rest now.
Highlights from the article:
"Para 3, Bloomberg: "BIG INVESTMENT FUNDS TAKING A RENEWED NTEREST IN GOLD. Algo traders that follow MOMENTUM fuelling volatility. Consumers in China stocking up to protect wealth against turmoil in the stock market and property market. Chinese buying gold is driving a PARADIM shift in BULLION. Commodity Trading Commission showed money managers were buying strongly in the week to March 5, when gold jumped THROUGH ITS PREVIOUS RECORD. Prices were already elevated thanks to BUYING FROM CENTRAL BANKS to DIVERSIFY RESERVES FROM DEPENDENCY ON THE $. ---CENTRAL BANK BUYING PUTS A BUFFER ON GOLD... Portfolio Mgr of First Eagle Gold Fund. Etc Etc/"
So, Banburyboy, you are NOT TELLING folks here about the above Why?
I have been seeing pictures of the crowd but still pics are not good enough. So, I waited until a video [short type] was available. Today, Sun, 10 Mar 2024, THE RENOWNED JUDY SHELTON has tweeted:
"CHINESE BUYING SET THE STAGE OF GOLD'S RECORD RECORD RUN" [Embedded article].
Heard of Judy Shelton - She is an American monetary economist and advisor to the last Trump presidency. She also testified before the US Congress and Senate on Banking etc as an EXPERT WITNESS. She is the author of "Money Meltdown" etc. She is a senior Fellow at the Independent Institute.
https://twitter.com/judyshel/status/1766732833228230661
Comment: Judy Shelton is a household name and a renowned name. So, I am pleased that moi was keeping up. I dont know about xy per hr , Banburyboy. Never wrong yet? Your posting history lack the balance needed because you are either not invested so its easy to throw darts everywhere and hope something will hit LoL. RIGHT NOW, US SHAREHOLDERS HAVE HIT THE RRR GOLD ASSET/S. Which means? Which means , the major shareholders will be buzzing Mr Bell about the latest in gold etc. Yes, they have the RIGHT as they have the SHARES to do so.
Theeeeduke
You are now sounding more reasoned and that is a good thing from my good influence. In real life., you may be an investment banker [not sure of ranking] if what theory says is correct. BUT, I do not need to know as I have the good manners NOT to ask as that is your personal business. However, I have answered the part about RRR and success. I cite empirical data- GGP is looking for another HAVIERON and have raised quite a fair bit of money [British under-statement]. They have drilled and found NONE. They were so desperate that they went back to the JV licence Newmont declined. Again, NOTHING of note. Callum was the CEO for years until Paul Johnson & Bell stepped in to RESTRUCTURE the co and start afresh with Havieron and Gervaise , a fund mgr from Sydney. Callum has NOT gone on to anything BIG or started afresh with a big project. GGP was years trying to look for a project that would find something substantial. I could go on and on and this is EVIDENCED. ====RAISING 1.5BN SHARES AT RRR [the old acorn] with reference to Resolution 4, RRR AGM, 16 Feb 2024 passed with "AUTHORITY TO ISSUE" but NOT ISSUED TO DATE - so boogey man status by naysayers? RRR SHARE PRICE 0.8p [median] with 3.5BN SHARES, SO TO ISSUE 1.5BN SHARES WOULD TANTAMOUNT TO SHEER ".....", is it not? Not surprised no one at RRR is that " "? So, day after day, the desperation gets worse trying hard to convince folks yes, it will be coming but WHEN? RAISING ALMOST 1/2 OF ISSUED TO RAISE SOME £1.5 MILLION??? NO FUNDER WILL EVER LEND SUCH A LARGE AMOUNT VS MKT CAP [ALMOST 1/2 OF MKT CAP TO BE RAISED] WITHOUT ANYTHING TO SHOW FOR IT OR A PLAN? Funders are NOT " "-they are professionals in finance. NEXT WK, NAYSAYERS THESIS MAY FAILY ENTIRELY or bulls lose [in total] if NO OUTCOME THAT IS POSITIVE from the DRC AWARD progress. UNTIL THEN, THEY JURY IS OUT ---NO SUN FUNDING.
RUSSIAN REVOLUTION [History]: I watched EVERY documentary/analysis on the Russian Empire. 3 takeaways? [1] Had Emperor Nicholas II not meet such a fate, HISTORY now documents that RUSSIA was on the "CUSP" of "GREATNESS" [economic sense]. Any supporting basis: Land mass, resources of untold riches. What happened then? Ze leaders of the revolution decided to stir the peasants. Very easy to do so using the "distort" known methodology. When the Kangaroo Court prevails at some point, the baying mobs lose control and reason no longer functions - mobs do not use reason, evidence etc. In school, I was made aware of that & IF anyone had NO EVIDENCE etc , then they are to be DISMISSED or else one could get sucked into a web of which there is no telling what could transpire as norm?
RRR DIRECTORS ON COMPANIES HOUSE: I checked and all of the RRR directors have their address at Salisbury House ie a split office type of which rental is paid monthly starting from £950+ pm. I matched the pic Mr Bell was taken in vs Salisbury house and they matched to a tee ie a very tiny room with 1 desk. Why? One was so WORKED UP in the last few days from reading the NON-INVESTED [or bought RRR shares equiv to a London pub lunch to satisfy another poster who asked] that it may be seen in law as very close to the margin? I checked the ADDRESS that Banburyboy of this forum gave of Mr Bell's address in London [fact check as norm whatever is posted on stock forums] and iot was NOT as Banburyboy portrayed it to be ie not a villa, or even a Georgian terrace but a tiny terrace like the cheap houses in the North of England. So, I am NOT surprised Mr Bell's address is NO LONGER AVAILABLE even on the public electoral roll [one can opt to go private as a choice]. So, hence, why London South East stock forum rules state where a XXXIIIYYY is made, they reserve the right to.....as norm. Let us hope that my post will bring some sense now given RRR is no different to many AIM juniors. Paul Johnson did very well when RRR went to 20p, so it is NOT AS IF , RRR was not a success. Mr Bell is credited with success at GGP. Why am I at RRR. I have seen the COMMODITY CYCLE may be TURNING and therefore, every lnvestor is looking for ASSET MIS-PRICING. Justin Waite is looking for co's around £10m but I prefer to look for something in the £2m+ region and backed by ASSETS that is hot ie gold. Simple, everyone is talking about the same thing on all London South East stock forums ie assets and preferably gold. So, Mr Banbury, since you are the leading poster here in the school of thought of negatives [British understatement], then I think you should tell those who read your essays what is your reason? From the text book, the reason is simple ie $$$ or a disgruntled employee/former holder. So, let us hope that you will inform all that you have x or y reasons to do so? I have only a small stake here and came for the DRC claim and then I decide next whether other assets can be realised ?
PLEASE DONT HATE THE BEARER:
Why? [1] I asked myself the same question/s. [2] I am saving Mr Public from wasting money in Court. Here, on this forum, we can discuss it openly, impartially. [3] Hopefully, one can learn or draw some lessons to go forward. [4] If one can read and write, one can find out. Everything is FREE these days on the internet. Who knows, maybe some can be the nest Buffett? After all, even a poorly paid janitor in the USA could make it. Be like the Americans, be successful and as they say in America, failure is a step to success./ Warren's [Buffett] also LOST on the 1st investment and he had to make a decision at that point ie sell or what. So, this Sun, let us think of higher things. I am.
Contd:
will NOT suffice. Why? Only Kangaroo Courts need NO evidence or little & insufficient evidence and that is why the term Kangaroo Court has evolved. So, that is the 1ST HURDLE in Court where ALL ASSERTIONS MUST BE PROVEN . Right of reply will have to be given to BOTH SIDES. So, on this alone, you may NOT have made a WINNING CASE. Many of the AIM junior miners ALSO fall into this category. SECOND ARGUEMENT IN A COURT OF LAW: Two leading stocks eg GGP & Solg also went down the path of projects that invested in the commodity in demand of the day etc. For Solgold, they looked for gold in the Solomon Islands and also in Queensland. Newmont did a JV but for some reason, the major did not continue and the sp fell like a stone. Queensland did not do well either. DATA from Simply Wall Street shows "CHANGE SINCE IPO - [minus] 84.99%. There you are, PROOF beyond doubt. Simply Wall Street , if they took Solg performance on an earlier date, it would have been EVEN WORSE THAN DOWN 84.99% because Solgold has picked up a bit since the bottom. Solgold has NO income , just like all AIM junior explorers and have had to raise MILLIONS to keep afloat.
Say in Court, Counsel asks the DEFENDANT: Were you aware or cognisant that JUNIOR EXPLORERS/miners have NO income and they have to raise funds ? Were you aware of the SECTOR performance of years [GDXJ] shows a =======13 YEAR CHART===and the loss appears to mimic Solgold's performance. So, sitting and NO MAKING DECISON/S until it is only 11% left is one's decision. Were you, aware, Sir Public what is the AIM of the AIM MKT? It is on the London Stock Exchange website. Were you aware, Sir Public of the RISK of INVESTING? Same goes for GGP - looking for gold all over. Then, GGP got Newmont to "JV" [do some free geo work etc] and same thing happened, they left. Again, same thing happened and the sp collapsed, then stepped in PAUL JOHNSON & ANDREW BELL. Yes, this same Andrew Bell of RRR [Chairman]. GGP did well and why? They hit Havieron but no initially as Blackhills did NOT produce sufficient results.
HIGH COURT: Whatever the answers to the above will or can only be: I DIDNT KNOW, I WAS NOT AWARE. Court room will have fallen SILENT. Why? Principle of Law: IGNORANCE is not a prima facie defence especially Counsel will ask the next question: DID YOU FIND OUT, DID YOU CONSULT A FINANCIAL ADVISOR, did you understand risk, did you ask? There would not have been such a great loss IF one took some trouble and since it involves $$, it is one's savings and therefore, COMPETENCE is down to SELF,surely. I wont answer the rest as I have to take a break for lunch and have other things to do. But suffice, THERE HAS BEEN NO MEGA FUNDING ISSUE of the 1.5bn shares before, during or AFTER the RRR AGM of 16.2.24 and we are coming up to the DRC outcome shortly. SO, THAT IS ONE BOOGEYMAN DOWN ie mega funding to date? I am not an expert on financing of the nature described since I see NONE. At hand will be the DRC AWAR
Banburyboy: This morning, I dropped by at the London South East stock website for the 1st time this morning at-- 10:12am--- vs your good self at 6:51 & 7:11, Sunday, 10 Mar 2024. I see you have taken my CRITIQUE to heart , wherein, IF there is no BASIS, except repeating acorns, there appears to be NO merit to your presentation as norm. PROOF: Acorns for example on placing boogeyman needs no human input because one could get a bot [automated machine] to run repeats of the same lines. So, a more intelligent presentation this morning for the 1st time from you. However, whilst it is a good dissertation as a brief, I will mark your paper on RRR and say, you have NOT dug enough research & data on RRR and the sector.
Here are my answers: [1] If you look at the GDXJ [Junior Gold Miners ETF] at https://www.finance.yahoo.com/quote/GDXJ/ , check on MAX share chart. It is priced at $35.93 currently . It shows the 2 HIGHS on 1 Dec 2010 at $161.80 and $166.60 on 1 Dec 2011. Then, it fell and reached a LOW of $19.21 on 1 Dec 2015. From this, one can tell that 2010 & 2011 were the "BOOM DAYS" for the ETF and 4 years later it went to the LOWEST ["GLOOM"] in 2015. This is the sector chart from Van Eck & it being an EFT, it will not be picking JUST 1 STOCK. THIS IS THE LEADING INDEX INDICATOR FOR JUNIOR GOLD MINERS and one ,funds will use as a general guide.
For more concise analysis, one has to look at the AIM JUNIOR MINERS but I do not think they have this index but rather just AIM. To judge RRR impartially, one has to take the RRR SHARE CHART and overlay it with the American GDXJ to see IF RRR did worse or mimicked this LEADING INDEX ETF. For that, one will need specialist charting software but suffice to CONCLUDE that if one were to have LEFT one 's $$$ in the GDXJ, at the HEIGHT OF US$166 and it fell to $19.21, 4-5 years later in 2015, then the ===LOSS OF $147 [$166 minus $19]. So, simple maths says, invest $166,000 and lost $147k leaving just $19k [[[ 11 % LEFT OF ORIGINAL CAPITAL]]]. HawaiFiveO's last post here from recall stated that for AIM, many junior mining stocks LOST 90% of value.!!! I know this to be FACT because a mining analyst [lady ] stated that in a bear commodity market , junior miners LOST 90% of their share price. This interview was the courtesy of this website. Will the private investor SELL when the price drops to its lowest? I think possibly so as at the lowest, SENTIMENT is so low, pessimism sets in per the LASSONDE curve and speculators leave. Lassonde curve of Life Cycle of a Junior Miner shows the BELL CURVE of sentiment going from EXCUBERANCE [central bankers of note in ref to the stock mkt] to EXTREME gloom . In conclusion, NOT just RRR but tons of AIM junior mining stocks and this has to do also with commodity prices.
SAY A HIGH COURT CASE vs RRR for performance: The 1st report will be the one I quote above as the opening gambit. In a court of law, unfortunately, posting style of forums will NOT suf
To answer your question: Yes, I got in at the stock you mentioned at 0.32p on the RNS as I could read the technical data.
You said you are a "SENTIMENT TRADER" "PIGGYING BACKING FROM OTHERS RESEARCH"-----LoL, so you eat free lunches?
Free , as in free research. I am NOT A SENTIMENT TRADER, I am a mining investor after the school of Eric Sprott ie research and technically based. I am exuberant as a person in general - very Irish in nature ie can talk fast and lots.
Isnt that a fault. Being dour is also criticised. Nothing pleases anyone. Thank you for telling me you have NOT made a judgement on me yet ----------WHAT FOR? My record is very clear and others are cognisant if they have MORE THAN 20,000 POSTS TO THEIR NAME ie old timers. How? It is from the STOCKS I have entered into.
HELPFUL- It is my personal view that Helpful has the technical skill of an analyst. Whatever he posts on sector, is what I will be looking at. I follow lithium prices daily ie spodumene, sector, M & A. But I cannot say if Helpful can do American stock analysis as that is even tougher than UK stocks. Why? One has to be in the fund business to find out about "dark pool" trading ie institutional trading. I rely on others to provide it and some are generous enough to share.
As for sentiment stocks, the top posters on this website are all sentiment traders. But NOT for me. Its like gambling - it needs BIG CAPITAL to make any meaningful gain and the LOSS can be within secs. Dan Zanger the legendary chartist bought FB BEFORE results, a risky thing. Result was NOT bad but the stock fell [against theory] and his loss was a big whopper, so he warned that before results is risky. Same here at RRR - before DRC result. After DRC result, if positive uplift, then it needs momentum if other assets come in.
FOR THE AVOIDANCE OF DOUBT: Once the DRC claim outcome comes out, which ever way, I may NO LONGER post here or post little. It can be on auto thereafter, as I have already planned out all the research I may need. I laugh AimDogs that you have not made up your mind on me. That I take to be FORM. if you were on this website a long time, you would see my form in which stock. I have decided from now going forth, I dont have much time to spend on forum just to answer naysayers. Let them do their thing and I watch from the sidelines ------I WILL USE SENTIMENT DATA like in America. IF ON RRR, ONLY NAYSAYERS POST and no genuine investor here, then watch the stock but DONT enter yet until naysayers are proven wrong and the crowd crushes them when they enter like at Itumbula. LoL - you will not be having much of a chance to judge my form. Why? I may NOT post much after this. Why? I HAVE BEEN TO MANY STOCK FORUMS ON THIS SITE TO READ [not for investing in] and everyone without exception [bar the ones no one is interested in] IS YELLING about the naysayers who are trying to drown out genuine investors Sat,9.3.24 @9:50pm. Free research needs no questions asked of me.
Next week, all who post on this forum will be PROVEN right or wrong. Some sort of OUTCOME will have to come out of DRC
Reference: " Red Rock executives will have to PERSONALLY VISIT DRC to R E S O L V E the $10m claim."-Mining Weekly, 6 Mar 2024. By the online contributing EDITOR. Whilst naysayers talk about RNS@Reach, it is apparent that publications such as Mining Weekly and Financial Times carry the Reach RRR RNS.
The Mining Weekly is writing articles on RRR's DRC claim as it is of INTEREST to the mining INDUSTRY and that is obvious. Mining Weekly does not cover every RRR RNS. They tend to cover mining stories of note or projects. So, NEXT WK, one way or other, there has or ought to have an UPDATE thereafter. I am here for the DRC award outcome and NO ONE IS PRIVY to what happens. So, concentrate on that if one is AN INVESTOR ie genuine shareholder of RRR.
Sorry for errors in my last posts to answer AimDogs. When it is long, it will have errors unless one edits. I have NOT edited as it is running late and I have other things to do and attend to. But in reality, I should NOT have to ANSWER about why I am here. It is pretty obvious and from the other day and volume, that is what INVESTORS are all here for.
There is little to research from here going forth. I am now cognisant of each main asset as I CHECK broker notes, video interviews, annual reports, interim reports of RRR, what is happening in the DRC, Bukina Faso, Cote d'Ivore etc given RRR are all over the globe including RRR ADMISSION DOCUMENT to the London Stock Exchange filing. If others who say they are investors ie genuine, then they would contribute and I wont have such a TOUGH JOB doing everything myself.
Many will NOT SHARE THEIR RESEARCH - why share to benefit other investors. IF I DONT SHARE, I HAVE THE RESEARCH TO TELL ME what to evaluate and I only will have that ADVANTAGE [that is the reason for research] but I ask why I am even asked WHY POST RESEARCH ? It is so that others will have an idea what is going on at RRR.
RRR or any other co is not obliged to provide research - they have provided enough info and if one does not have enough info, that is up to self to look for it. No research, invest BLIND as norm. One lady on this website put ALL her savings in Debs. She did not read up given that there will be articles ---------VISITING THE STORE --------WOULD HAVE TOLD HER WHAT WAS HAPPENING. She lost everything and she posted something that made others concerned. I contacted this website to ask for help for her and admin was good to say they will contact her to see how she is. SO, LOSS can be mitigated to some extent but that is up to one to research and learn ---become an expert in investing like the professionals It is ALL FREE to learn if one can read and write. I have NOT decided what I will do ONCE THE DRC RESULTS is out, in part or whole. Sat, 9 Mar 2024@9.30pm./ {STOCK MARKET CLOSED AND NO ONE HERE ON THIS FORUM]
SO, CONCENTRATE ON ONE'S STOCK
Contd pg 3:
CONCLUSION:
I have now DISPROVED your theory about pd -----I have taken my posting at RRR at 225 vs HE1 at 135 etc So divide 225 by 30 = 7.5 posts a day!!!! So, just to show how unworkable that is, does it mean per post? So, is it 50p per post as some on other forums try to suggest. That very figure tells one it is going to be laughed at - 7.5 posts a day x 50p = £ 3. 75 a day!!! LoL. Therefore, it is an insult to say that one needs £3.75 a day ---why my internet alone goes to a lot. At Tesco, one will get an ORANGE drink and maybe 1 banana for £3.75 a day. So, totally PROVEN that it is just IMAGINATION by the naysayer to suggest that there are even such a notion as pd. Isnt that why NO REGULATOR has ever seen any pd?
SHORTER - Yes. That is in America and they take BIG POSITIONS TO SHORT and they have a registered co to put out pieces from their firm. They have been often SUED in Court before.
[15] Ever heard of Paul Johnson. He was a Chartered A/c working for a big insurance co. He had very little savings eg £12,500 and he invested in RRR at some point. I was told Paul's posting name and there are just one or two left and he said HE KNOWS WHO TO FOLLOW. I dont think he follows the short 1-2 sentence type as its is as good as guessing up or down for a stock. One need research and that is hard to come by. Paul made from RRR and that is known history. So, during the boom days of commodities , RRR went to 20p , I am told. Paul's break came via RRR in life.
[16] In the USA, even a janitor made it by going to the library to read Wall St Journal and doing research with little education. He died with millions. Again, via research.
[17] I have been to the dentist -my bill means I would have to work for at least 1 year just to pay just this 1 bill.!! Illogical. It was written up that a dentist watches forums all day in between dentist patients. His assistant has the stock on the phone and she shows him the prices and the forum chat. Didnt Paul do that as well or else how did he keep up? I dont know as he does not reveal much. Any why should he? He has given some general pointers.
[18] Lastly, AIMDOGS, your posting history is 34 and therefore, a/c to this theory, I cannot FORM AN OPINION on your form [like in horse racing form]. Is AIMDOGS a researcher based investors or what sort of investor is here? Everyone goes on this, and my history is research to get AHEAD. Is there any other choice IF one wants to have a chance? I dont go to AGM's as its too far to go. I dont own such a large % in RRR that I can ask for a conference call nor do I have a family office to do so. Emailing CEO is of no use either as they are not going to look up research for you or me and rightly so as it is not their job.
SO-----------PROVEN----------ALL UNFOUNDED here or anywhere else. But I can prove it to you, AimDogs EVIDENTIALLY. How? We go to the FCA -----------there, I have to follow AML rules ie ID. Y3W
Contd:
Box etc. For Proactive, they are a MEDIA co and co's have to PAY A YEARLY sub for them to print RNS, do interviews, get mining analysts to write on popular stocks that folks want to hear about. IT IS CALLED CORPORATE COMMUNICATION.
[8] There is NOT much RESEARCH on RRR. Why? It is NOT a large FT stock. Each research piece , co's have to PAY FOR and they run into thousands from what I understand. Why? They are MEDIA co's and writing , TV etc costs MONEY. You know , Americans relay on CNBC for STOCKS. There is NO one doing the work on AIM stocks because it is TOO COSTL;Y. So, if private investors DONT DO ANY RESEARCH, they have little to go on except it become what is akin to ?
[9] Just as there are investors, there are SHORTERS and I have posted an article about it -ALL THE CANADIAN CEO'S HAVE APPROACHED the Regulator about this. I dont need to repeat --it was a TOPIC AT PDAC Toronto a few days ago. Lets hope that the UK will also follow suit to protect small investors. Why? AS A STOCK IS SHORTED [inc dark pools and FACT], the stock goes LOWER AND LOWER---------EQUALS FUNDING IS AT A EXCEPTIONAL LOWER & LOWER PRICE --folks here take note as this is their reason for their upset on AIM stocks etc. It is also happening in the USA, Canada.
[10] The FCA etc or SEC has ever investigate and found PD posting --that is FACT. It is simple, Proactive has a PAGE FOR EVERY STOCK who is their corporate client. So, if one is new to the stock, one can go there and read what they have written on the co from RNS. But that itself will not suffice as NO ONE IS GOING TO DO THE RESEARCH for anyone. It is up to self OR the GENEROUSITY OF OTHERS. That is why on forums, they say, the MAJORITY ARE WAITING FOR FREE RESEARCH from others. I am not in mining but some are and they can do the GEOLOGICAL MODEELING OF RESOURCE before the co puts it out by using RNS data of strike, grade etc.
[11] Why research? IF one is a trader, RESEARCH MATTERS NOT A LOT. They jump in and then they jump out on a small % rise. In the City or in financial press, it is now known as JUMPERS ie jump from stock to stock. Investors generally LOSE MONEY as the data shows per John Cronford, Mining Analyst, Master Investors. His Feb 2024 article stated he tipped Solg at 3p and hopes his readers made money, he DID. How? Look at his ANALYSIS of research and NUMBERS. Yes, it is about value in the ground. Well, Mr Cronford only concentrates on a few stocks ie less than 3 in the main.
[12] Is RRR my only stock? NO, I usually have no more than 2 on the go but I do not post in the UK as the stock is dual listed. I post abroad. I post in a country that is mining savy and I enjoy the work of others eg geological maps, geos etc.
[13] I dont spend all my time here. I can look in between. I am researching my other stocks and mainly on sector and macro economy.
[14] What do I do for a living. Ah, well, I am not a plumber - I had to call in a plumber. If on the supposition that the
AimDogs
I am pleased you qualified and said "appears." And in the rule of law, you gave me the RIGHT OF REPLY, I will gave you the answer for the AVOIDANCE OF DOUBT:
[1] AimDogs said I "seemed to appear here from NOWHERE."MY EVIDENCE: Have you seen my London South East HISTORY next to my name: 21313 and since you went to my "LSE" member page, my date of joining is: "19 July 2011" - 13 YEARS HERE SINCE JOINING. So, herein, your assertion has been proven WRONG ie I did NOT appear from "NOWHERE.2
[2] Having posted 21,313 in 13 yrs-there is a REASON why the posting HISTORY and DATE OF JOINING is something every will look at, whether they tell you or not. Why? A SHORT POSTING HISTORY per it in the USA means in practice folks are unlikely to take what folks say. Why? THEY HAVE NO STOCK POSTING RECORD - be they strong in RESEARCH, CHARTING or just views [short] be it bull or bear.
[3] I have a STOCK POSTING RECORD ---IT IS ALL BASED ON RESEARCH pieces in the main [almost all]. Why are my posts long? This is due to TRAINING - I GIVE BACKUP [ARTICLES, DATA] rather than --CONJECTURE, JUMPING TO CONCLUSION, GUESSING THE NO OF THE GOOSE etc. Example, RRR is going to win the DRC Award ---to which the teacher at school will ask : HOW DO YOU KNOW? On WHAT BASIS OF LAW? Any exam paper after O Levels will require more than 1 short sentence and that is to test LOGIC, EVIDENCE BASED synopsis. That is why Master or Phd needs DISSERTATION. THIS IS FACT & PROVEN or else it is called -------------appears to be called CONJECTURE, SUBJECTIVE --not OBJECTIVE testing.
[4] Since you checked my London South East history you have NOT TOLD FOLKS that I have NOT only posted on RRR but I came from HE1. Look at the PIE-CHART of the distribution of posts, not only here. That was a successful stock on AIM. But HE1 was also like RRR in that it was at its LOW and ran up due to ITUMBULA drill resuts.
[5] If you look around, those who have more than 20,000 posts to their name ARE OLD TIMERS on London South East and over the years, we have been buying various DIFFERENT STOCKS, not RRR.
[6] You want to know: IS THIS MY JOB? What sort of job? If one has bought a stock, it is NOT A JOB obviously. Look at HE1 and many of the other forums on this website ---EVERY ONE HAS THE DAMPERS on it. Yes, everyone that is a shareholder take TURNS to post to answer the dampers. Here, I am the ONLY ONE but I have CONFIRMED that I hold shares. Theeeeduke has stated that he has SEEN ME before a long time ago but I only landed here on RRR DRC AWARD RNS. SO , THIS IS EVIDENCED and noted by another poster here. Why? The share is at its LOWEST sp in its recent history and the MKT CAP means ANY UPLIFT via ASSET realisation will be good -this is CLASSIC THEORY. Warren Buffett said : a perfect share one pays a perfect price ie sp and mkt cap.
[7] There are NO pd poster as bulls. Why? You heard of PROACTIVE INVESTORS, MINING MAVEN, NEXT INVESTORS [Oz], CRUX INVESTORS, STOCK
Helpful
What a breath taking fact check. Here are some of my comments: What I quoted from the other RRR forum is not a usual posting style given it was broken up into several posts. It looks like from a blog but I could NOT find it anywhere so maybe it is on subscription or a private blog for members. The person writing this is VERY familiar with Mr Bell's RRR projects. Very few people are aware of RRR projects in great depth eg Bell's legal track record for dispute resolution etc.
Last night, I went through the First Equity broker note and the ALR had a attribution of some $12m+ which was quite stunning to me as it rivals the initial DRC claim of $10m and Kenya 1.2m JORC at $13m+. In terms of the RRR Australia IPO, First Equity attributed $6.8m which is just 50% share of the licences. The rest are around 0.4m which is reasonable. In so far as Bukina Faso goes, I gather, even Macron dare not send toops in, so Mahendren Samuel is the right person to work the licence. I was reading Ironridge [now a private co spun out co called Rica Resources, awaiting an IPO for African gold projects] for their Cote d' Ivoire gold project wherein they said that where there is artisanal workings, the gold grades are always high as a guide. There is an easier way to get the buyer to pay up the rest of the $m but I am not sure if Mr Bell would do it this way via the regulator route---- as in one larger UK listed co against a mega major also UK listed in mining [compliance shortfall].
RRR has a copper project in the DRC district where all the other projects are and I am wondering if this is a potential wild card. Robert Friedland has been tweeting a lot about copper and a supply shock is coming. So, if there is a copper project akin to Musoni lost, that would be wonderful. Licences are very difficult to obtain, IF not impossible ie those which have Tier 1 potential. I am now left wondering as to what has happened? The poster that posted the above was a naysayer for a long time. Nothing has changed - the projects were all there. SO, HAS LIGHTNING STRUCK the bog author? The truth has now come out via the bog.? Thank you, Helpful. Always good to run it through transparency fact check/s. Sat, 9.3.24 Oh, or have the naysayer in chief turned bullish via a position? Have to see.
On the other RRR forum, a rather unusual post given the plausibility? I will post a few highlights and given Helpful knows all the posts on this forum, I would like it to be FACT-CHECKED:
-"New CEO/COO being interview-a potential big hitter. -- Recent broker note 1.6p [before possible legal action against Glencore which could be worth tens or even hundreds of millions -- Premium being asked for only 501,000 shares. - -- One may deem positive, Zimbabwe lithium RRR own 100%, outside parties [ apparently UK persons] have invested decent sums of their cash at project level. One of these individuals has stated on another forum that if prospective buyer offered $50m for RRR licences, they reject the offer. Mkt is waiting for progress currently, some forum of update must be due, ---A couple of things to bear in mind, Bell [RRR] has a good record in respect of winning injustice disputes overseas. The $7.5m is held by a para state co [deep pockets] not some Walter Mitty outfit. A/c to commentaries by Bell the money will be paid upon receipt of a successful arbitration award. AIM works in mysterious ways, note the slow rise so far , but current buyers at current levels should be well rewarded in due course therefore. This could easily propel through .20p [£6.6m m/cap] by Fri. DYOR. ---IPO of Elephant Oil which could be a material event resource updates.---IPO of Aussie gold licences, a material event.---Legal dispute with Glencore deemed as positive.---On ground drilling activity.----Other IPOs coming.---1st para: Yes, since the above post material things have changed at Red Rock which is why the proposition is different." [Source: ADVFN : 17500/17503 --- 17501---17502 and 17503 at 8:56am, 9>01am, 9>03am & 9.06am. Sat, 9 Mar 2024. https://uk.advfn.com/cmn/fbb/thread.php3?id=41561690
Comment: From the writing style, this is NOT from a broker note as it is more of a BLOG style seen on Twitter. Certain words jump out ie Walter Mitty outfit and the adaptation of the use of "AIM WORKS IN MYSTERIOUS WAYS" taken from RC teaching with AIM inserted in. The word AIM gives its away and I recall Walter Mitty from one blog in the past. I dont subscribe to the blog as its on subs and have never done so or want to subscribe. WHAT A CHANGE OF HEART from the blogger or is it due to ill health just disclosed publicly? Helpful, could you please point out if there are material errors since I do NOT know everything that is in the public domain about RRR given I was never interested in the Zimbabwe lithium project of RRR etc. Thank you in advance. CAVEAT: I give no warranty as I am just asking for fact checking and therefore , I cannot provide any assurance/s to its accuracy etc. I am hoping Mr Bell may come to know as well from his well informed sources as he has many friends etc. DYOR, NIA. Sat, 9 Mar 2024.
Httos://twitter.com/D438558409/status/1766239479549841833 Northern Miner, 5.3.24
"Traders would be required to CONFIRM there is STOCK AVAILABLE TO B O R R O W or THE SHORT sale would be --PROHIBITED. CIRO [regulator]: People cant just call up and short and then GO LOOKING FOR STOCK. ....pointing to ILLEGAL or UN - C O V E R E D short selling....60% taking place in "DARK EXCHANGES."
"..CHANGES ...SETTLEMENT 2 DAYS CHANGES -----TO 1 DAY, THEY CANT SHORT THE STOCK. CIRO & CSA have established a WORKING GROUP...recommendations published for PUBLIC COMMENT."
Comment: Per Mr Bell, Chairman of RRR re: shorting which the whole industry is now aware of at PDAC recently in Toronto [all the miners meeting].
P.S. I take a broker note as the analysis is standard, be it house broker or otherwise. The share target is never SO wide even if there are many broker notes [ref: Cascabel with London broker notes, Canadian broker notes, American broker notes, all Tier 1 investment banks.]. ALL DEPLOY THE SAME METHODOLOGY, these days on NPV etc or WHI in the past does value in situ. All standard methodology. Of course, which BIDDER wants to pay top $ unless .....? For Clarification.
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