Member Info for specinvestor99

brainspark LOL really singing the same song then I just repeat my response

more big trade (buy and sell)- since the shares are basically flat I suspect its all somewhat prearranged. Trading was similiar to last ppm at .18

IMO shares will continue to be sideways until news on Congo and/or Lithium. The longer there is a delay in news the more likely it becomes the RRR share price will drift down

IMO the increased trading volume makes it clear that people are interested in buying at this level. Sellers are weak hands who are tired of holding, need cash. personally I think AB is in Congo and/or Zimbabwe and is quiet due to the potential significance of the news (good or bad)

Time will tell who is right

brainspark LOL really

more big trade (buy and sell)- since the shares are basically flat I suspect its all somewhat prearranged. Trading was similiar to last ppm at .18

IMO shares will continue to be sideways until news on Congo and/or Lithium. The longer there is a delay in news the more likely it becomes the RRR share price will drift down

IMO the increased trading volume makes it clear that people are interested in buying at this level. Sellers are weak hands who are tired of holding, need cash. personally I think AB is in Congo and/or Zimbabwe and is quiet due to the potential significance of the news (good or bad)

Time will tell who is right

Not really material to RRR share price but I thought it was interesting to learn that they have a director in common
see https://www.hartenergy.com/exclusives/california-ep-trio-petroleum-launches-ipo-204786

Trio Petroleum Corp., a California-focused E&P, announced on April 17 it was launching an IPO with expectations that the company’s gross proceeds will be $6 million.

Trio is led by CEO Frank C. Ingriselli, who also serves as a director of Elephant Oil Corp. and Lafayette Energy Corp. Ingriselli is a veteran of several oil and gas

wow thats raising over 1 million pounds. I dont see that happening unless Congo is dead and the lithium production will not happen. IMO I think RRR continues to limp along until something happens those events (Congo or Lithium) occurs and there is a bump up in price

Banbury the April 4th placement was at .18 with warrants at .35 (roughly double) and smaller placement of shares for debt had no warrants.

so if I had to guess it would be a placement under the same terms (.18 with a warrant at .35). It is probably a 2 year warrant so the RRR share price would have to signifcantly higher than .35 to get anyone to exercise in the next 12 months-maybe .50?)

so for now I am OK. BTW I would consider myself a long term holder. I think the mid term and long term share price outlook is very bullish but the short term outlook is probably neutral to bearish. IMO timing is always difficult on small cap stocks and historically I tend to get in early. I suspect (hope?) that when either Lithium production or Congo cash happens it will be followed by rapid rise up from current levels-perhaps a gap opening.

IMO the upside is far greater than the downside which is why I averaged down

Brianspark-IMO there will be another placement of RRR shares soon. There has been good trading volume and I would not be surprised if the fund raising has been underway for a week or more. Probably in the range of 100K to 150k

Brainspark great point. Plus the squiggly people behind the property theft can potentially use this as a distraction (real or imagined) to further delay or impede the arbitration ruling to be issued. Or the arbitrator, whoever that is, might be or has been distracted.
The Sudan conflict is not new and I have not given much thought as to why the delay has occurred. People in the Congo might be so used to disruptions that it does not impact most day to day activities

It is challenging to work in a different country and for RRR who works in multiple countries and really has one person(AB) dealing with it all. All the more reason why I believe RRR should be more focused on where they do business.

Banbury you might be right. Congo-I see this as a political situation in the sense that powerful/influential ("squirly')people are involved. They had to be in order to secretly sell the property to being with. Add into this that any legal process in any country is slow

Lithium RRR said last permit would approved mid April, then mobilization would take place. They are basically high grading then transporting for payment within 7 days. All within the country. Helpful posted end of April and always thought May. With no news about the last permit then there may a delay

In any event I am guess close

Hawaii5O your suggestion makes a lot of sense. Both POW and RRR would likely be sellers after an IPO which keep continual pressure on those shares. Plus both have other projects that they can spend the cash on.

I am not a big fan of the IPO spin off model that RRR has been using. IMO it has hurt progress on doing a JV on Kenya after all AB has finite amount of time and IMO it too spread out among too many projects.

Hopefully within the next 30 days major developments will occur on Congo cash and Lithium production

right on schedule IPO still moving forward

Banbury- I trust my investment analysis and have a good track record which so far has proven to be more reliable than bright investors here who have been burnt by their own decision making process.

Blue nice to know the future. To me its an unknown so I have to look at the risk Vs Reward and I constantly look at new information and reassessing my position

Helpful-they post due to their past losses and they dont want to or care to understand the current factual situation. They hate the fact that someone else might make money. They are getting very anxious with current events about to unfold

court appeal on Jan 2022 ruling--arbitration decision is pending. facts are in the RNS

most legal systems have an appeal system and then if necessary a Supreme Court-Congo is not unusual in have such a system

“An inefficient market, by definition, is one where the value of the market is not accurately reflected in the price of the market,” says Simpson. “Obviously, we live in a world that is not perfect and different people have information at different times. Because of this, it could be argued that the market is constantly in a state of inefficiency.”

Indeed, experience tends to fall on the side of investors leading with emotion rather than logic. This prompts the chicken-and-egg question, “Which came first: irrational markets or irrational investors?”

renters (aka bashers) are out in force today. RRR has stated on multiple occasions its close or imminent.

They are waiting. AB has stated it on multiple occasions via the posted interviews. When I originally bought in Jan 2022 I thought it would be 2-3 years Litigation takes time.

Sad to see so many just living in the past. I am sorry for your loss. 99% of mineral properties never go into production. this is a risky business. DYOR

TheeDuke-if you remember the history then you know the litigation took years and years. Despite knowing that you expected a deal on the property? IMO hardly a realistic expectation.

Duke- I am sorry that you dont remember the history or the details. Information is critical in making investment decisions.

Go back and read the RNS and the information contained at the RRR website-permit and property renewals, court case etc.
The current status has already been discussed on this board-renewals first, then permit then a deal.

Robins perhaps but time will tell. Please note that before a deal can be done on tailings a permit must be granted

this is what I dont like. You are saying RRR made plans in Zimbabwe involving dates yet failed to account for a national holiday. This hardly inspires confidence in managements ability