Member Info for specinvestor99

Re RRR short sellers

This is from the exchange

"There are currently no open short positions in Red Rock Resources."

Maidit What's going on? Last week you said Friday (last week). Now its Wednesday?

You continue to set up the market for disappointment. Are you a short seller?

Duck -go back and read Helpful's old posts in which he said it had to be translated before NOMAD would accept it. I think you have to go back about 2 years

Agreed --Despite the big drop in Lithium prices and AB stating that if RRR sold they would lose money, Helpful still posts that ALR is worth a lot of money Then Helpful posts RRR should not sell RRAL for $6 million even though RRR can not even pay the $1.5m for 49%

Helpful wants RRR to be broke and with no cash, Why? He is a short seller

Maidit- is happy with a lower RRR share price, posts unrealistic expectations which possible can not be met. Why? He is a short seller

Whats going on? Earlier this week posters were saying it was going to be done in 2 days (ie by Friday). Now its another delay and a changed goal of Wednesday. Posters were saying AB would be flying back by now

Pumpers set up these unrealistic expect actions and then wonder why the RRR share price does not perform

Perhaps they are secret shorters. Maidit appears to be happy with the lower share price despite the claim to be a shareholder Perhaps a 'short shareholder'

Helpful please recheck your link it went to a comment made by "sharedcat1' not Bell

Banbury I wonder if success in DRC will be redefined as creating and maintaining another tax loss

just kidding obviously before the 'happy' RRR shareholders jump on me for this post

I do hope that AB can finally get a signed arbitration award and unlock the DRC cash

I find it interesting that several posters go on and on about how great RRR has creating and saving tax losses.

Those tax losses only have value if Australian income can be generated. What is that time frame and what will it cost?

Personally I would rather have RRR generate profits.

Lol Had to laugh at this reasoning. similar to AB has to keep working at RRR to protect the tax losses.

Personally I would make a profit and then use up the tax losses but I recognize that others have a different approach

See AB posting on X " from meeting to meeting"

Maidit- Are you happy with the share price?

Helpful If RRR could sell RRAL for 6 million it should be done NOW. That a quick profit

No ever went broke taking a profit.

Maidit-- Happy? No I am not happy with this investment. Yes I am a shareholder average cost around .35

Are you shareholder ? Are you happy?

Why did i respond to your post? Because you posted that AB stated --2 days to get cash and AB did not say that. Even you admit that it was your interpretation. there is nothing wrong if that's what you believe. But I believe the process is more involved a-finalize arbitration b-get approved by judge c-take it Gencamines who will then process it for payment (probably 5 just for that d- get funds in DRC bank account controled by RRR e-RRR arrange to send fund out of country

Personally I guess this process is 2-4 weeks. Why am I being picky with details. Because if people expect 2 days they will be disappointed when it does not happened in 2 days , then this board will be filled with posts that AB is a liar, look at his history, remember Greenland etc etc etc

Zumore The implication of Gecamines not paying means they sold a property that they did not own. Even if the DRC courts ignore that issue I am sure the international court system would jump all over them

Maidit 308 DRC cash -Everyone go back and listen again. AB said 'couple of days to sort out'

that is far different than '2 days to DRC cash'

There remains a large unknown at to cash as well as timing

Helpful Your post is an acknowledgement that his mojo was missing. I agree

Banbury agree with your point of 'why take risk now' Why not wait and do deals AFTER DRC cash?

JFK8 having spent some time on a farm I can tell that is easy to do. Nice to see someone is so positive about RRR

From RRR's presentation

"Faso aims to become cash flow positive in H1 2024."

RRR seems to be making good strides towards this objective

Talkinto - RRR insiders buying--certainly it would be positive for existing shareholders and other potential shareholders.

I am not sure about insider trading laws in the UK or how strictly they are enforced. In North America, particularly the USA they tend to look at such events with 20/20 hindsight. Meaning if the insider buys and the share price goes up then that shows they had insider knowledge. The insider who purchases those shares then has to hire an attorney ($$$$) to defend themselves

In addition I am not sure if any of the RRR insiders has any investable cash to actually buy shares. I would guess AB needs to get his salary to pay his bills.