Member Info for sharehead

What’s about to get started….

After nearly 50 years with no significant exploration at Copper Dome, Rockfire is planning to drill these new targets. With confirmed copper and gold close to surface directly above the targets and well-defined high magnetic targets at depth, these factors bode well for discovery.

Exciting times

News flow should be coming very soon which hopefully will drive new sp highs

1 million bought just after 8am and lots of big trades going through over last few days - to me loading up now makes sense

I think the placing has presented an opportunity under 1p that won’t last very long - I’ve taken full advantage

I too see similarities with GGP - and have watched GGP rise over 7000% in 5 years (makes my initial 450%) target here look pessimistic- lol - ROCK is an explorer but the area has been drilled a long time back and we know there is a large copper deposit - we now intend to use new technologies to show just how large it is hopefully- gla

It’s funny- you look at medical companies listed in US with massive potential like there is here and their mcap are hundreds of millions or even billions- lot of scope for sp growth from here IMO

* copper prices near all time highs

For a company ready to drill, funded, drilling a resource that is already proven to exist, copper in massive and growing demand, copper prices in massive demand and mcap around £9m is a GIFT IMO - I still believe the higher end of the 250% to 450% increase in mcap (and therefore sp) should be achieved in quite a short period of time. Where else are such returns currently on offer ? Exciting times. Gla

It’s based on the below, which I think is not at all unreasonable:

250% to 450% upside?

So given the accelerated drilling could speed up transformational news….

250% upside (after a placing) is a still tiny £22m mcap

450% upside (after placing) is a (more realistic?) £40m mcap

If news really really great then we could be in excess of the above

Gla

It fell back due to the placing- but at a market cap of £9m, news due and another £1 million banked there’s lots here to look forward too IMO

Exactly- massive- and the timing of their BUY - just before potentially transformational news isn’t lost on me

Also the II would have undertaken (I assume) some detailed due diligence- to then take a £1 million investment off the back of that to me says they were REALLY HAPPY with what they were shown - this could be the cusp of a full rerate I hope - gla

How often on AIM have we seen great news released soon after arrival of a big investor- this could BOUNCE very quickly IMO. Gla

So given the accelerated drilling could speed up transformational news….

250% upside (after a placing) is a still tiny £22m mcap

450% upside (after placing) is a (more realistic?) £40m mcap

If news really really great then we could be in excess of the above

Hence I’ve topped up today

Gla

Also the placing changes the mcap from £8m to £9m (due to the additional shares) but leaves the company with an extra £1m in the bank. This in turn allows drilling and therefore the potentially transformational news to arrive a lot more quickly and hopefully we see the share price rerate much sooner - fingers crossed

I guess the II wanted a big investment NOW because of all the news ready to hopefully explode, but understandably they wanted in at a discount and this was possibly their last opportunity to negotiate such a discount. The company got money in the bank and IMO know on news the share price will quickly bounce back. Also they get an II on the books. Overall view this as a small hiccup so have taken the opportunity to top up. Let’s see how it shakes out - gla

Agreed - I expect and hope for a lot more than 2p here in the coming months

Nice rise as news starts to build and it becomes more apparent that Rockfire are quite possibly sat on a huge copper resource. Given the rise of use in copper- electric cars etc then as RNSs start to drop IMO this will sail past 2p - gla

Good update- this should be over 2p in the next month I hope

Gla

Nice 3,000,000 BUY