Member Info for specinvestor99

News Do you really believe your comment of : ".. RRR of yesteryear is of NO concern now .."

Traditionally in Canada we look at the 3 m's Money Management Mine

Looking at historical actions IMO helps evaluate Management

Mine- I like what I read about Burkina Faso. Others may not

Money- I think everyone can agree that RRR lacks money and more is needed. The money issue is mitigated by their JV partner as well as the recent RRR cash raise. Combined that should be enough to get to a material event (plant producing gold even if minimal (less than 500 oz) it would still be significant start

Management-I have concerns. Again I recognize that other may disagree but I do believe management needs to be evaluated. For Burkina Faso the management issue MAY be mitigated by their partner. However the positive view must take into account the apparent inability to timely deliver the plant. The import tax duty IMO should have been anticpated

News- Despite such a long post I struggle to find meaningful points. Are you saying that there is nothing management can learn or do different? Your attitude is that its a bear market and there is nothing RRR's can or should do differently.

Such as:

-Work on IPO for over 3 years (money spent on legal, accounting etc) despite a bad market with little or no interest

-obtain new license (requires money to be spent) in new and different countries (ignore learning curve in new country)

Most business adjust to changing market conditions.

I am amazed that there is not only a lack of recognition but an active defense that this is the correct course of action.

Observations -For over 2 years RRR has maintained that receiving DRC cash was "immenient". Now in May 2024 it should be clear to everyone that those statements made in 2022 were not accurat

My take- totally dependent on the arrival of the plant in Burkina Faso. Hopefully its there (based on AB traveling there despite no RNS of its arrival). If so then gold production would occur first.

IMO RRR will hope for a bounce up and then raise money at a higher price. Ultimately RRR still needs the DRC cash. I still fail to understand why if the parties have agreed how the $15 million held should be split why distribution of those funds is delayed due to political issuels

Observation on AIM shares losing 95-99%, Junior explorers in bear market etc

General comments are interesting but are they relevant to RRR?

RRR should have been more insulated given its holdings and dividends from Jupiter Mines.

In a bear market is it a good decision to acquire more properties and thus spend more money?

In a bear market how probable is it to be working on an IPO for Australian assets (at least since 2021)

During this time frame did RRR's management take into account this bear market when making corporate decisions?

I bring these points in response to your opinion that RRR share price dropped solely due to market conditions. IMO corporate decision making also had an impact on share price.

I look forward to an update on Burkina Faso and the long overdue outcome on DRC

News -I dont believe the plant is onsite. Do you agree or disagree?

Real Time satellite view- While I agree that it is possible I dont believe this is a 'free' service. I suspect, but don't know, that it is a significant cost

RIO I have no information on this

News re Satellite unless you have money to pay for a current satellite view then it will be dated.

I have seen satellite photos of where I live and I can tell due to my familiarity of my home that the satellite pictures is at least 6 month old or older. Anyone who lives in area which receives snow which is not present for 12 months can easily confirm that reality.

Thus IF the plant was in fact on site it would NOT show up via any publicly available satellite picture

News are you stating that the plant has arrived on site AND can be confirmed by satelite?

If yes then post the coordinates. If yes then why no RNS to update as promissed by RRR in the April 5th RNS

Wow!!!!! someone was really motivated to buy

28-May-24 16:04:28 0.06 102,963,005 Unknown* 0.05 0.055 61.78k

Has the plant arrived?

From RNS of April 5th "... we note that the Company has stated that it will report as equipment is delivered and installed, and as other milestones passed"

Is it reasonable to state given that comment that the plant has not arrived? or not installed?

Glencore DRC RRR Certainly lots of issues for Glencore to consider when considering the legal and political consideration of Glencore doing a deal to make the possible future claim from RRR go away

They could pay $50 million and then just have a fire sale on all the other assets or have a deal set up with AB led group to buy those other assets and then list new company on AIM.

Share Price Volume Change Low High Trades

Potash (KP2) 1.90 24,497,939 46.94% 1.80 2.02 173

Red Rock Resources (RRR) 0.055 284,489,583 31.76% 0.056 0.056 113

News -first -Artisanal and Small-scale mining (ASM) refers to informal mining activities carried out using low technology or with minimal machinery.

Using that as a definition I dont think the prior work was done by Artisanal miners who IMO do not use the type of machinery equipment that was most likely used as evidenced in the images shown on X

IMO this shows that gold was present and hopefully still exists on the property

News I dont believe there are any artisanal miners on the property, at least I hope not. It is certainly bad news if they are still working the mine

RRR volume and share price is up based on AB in Burkina Faso and pictures of a trench

To provide some context in a April 5th RNS RRR stated "....Mr Samuel and myself will relocate to Burkina Faso to be on site for the whole period of transition into stable gold production and to prepare for larger scale mechanised mining."

Since RRR would have an obligation to update any changes to prior information it is reasonable to 'guess' that AB is in Burkina Faso for the previously stated reasons.

Banbury You can become part of the privileged few by buying RRR shares NOW

News Sorry to burst your bubble but I doubt that you are 'all knowing"

Do you have knowledge of who has been buying and selling over the past several weeks?

News you posted this "An insider, as long as they only communicate public information and only trade on publicly available information, and not during a period of restriction is not insider trading, same with anyone else e.g. less than 10% holding but...can only be on publicly available information."

Your statement is simply wrong Any profit gain while in possession of 'insider information' is criminal. Any defense that you only made a trade on publicly available information will fail under the USA and Canadian Securities law.

Most if not major public companies in the USA/CDN prohibit certain employees from trading ANY of their shares, options, warrants etc during certain periods of time (dealing with earnings, news releases etc)

It is comical to suggest that anyone could defeat a charge of insider trading simply by stating I did not make that trade on the insider information that I had. Dangerous if anyone actually believed what you wrote

News 'insider definition' your definition is not accurate.

here is the definition " In the context of securities, an “insider” is an individual with who has nonpublic information about a corporation due to their position or intimate association with the corporation."

Why do you think Helpful is wrong?

News "option money' internet search definition paying money for the right to conduct an evaulation or due diligence.

Is this true that in the UK you have to pay for the right to conduct DD on shares? In Canada this is free and public companies are required to make disclosures

I had no idea that buying AIM shares was just for the right to conduct research

IMO RRR shares are for 'high risk' money or venture capital money high risk and high reward

fyi IMO your posters identified as "balanced" would be equivalent to my identification of posters who are 'pumpers' or 'cheerleaders'

NileAir180 FYI Helpful has already posted on multiple occasions that he an insider of RRR