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Just calling your bluff in order to get you crawling out of the woodwork.
Good to hear that you'll be there and look forward to meeting you on Thursday.
Off radar for a bit now as preparing for flights...
Don't let me down.
WSG
Oh well, looks like it'll be just me there at the AGM.
As suspected OMM has shown his true colours and deserted the sinking ship, leaving all of his innocent victims to pick up the pieces. Shame on you...
@Fred - who are you, some sort of psychologist?
Just back off, it's not your argument and not your place to get involved is it - you don't know anything about me or my friend, and your comments are way off the mark. Thanks for being so patronising anyway.
If you really want to hand advice out freely, then maybe direct it towards your messiah/mentor(OMM)next time, as he has contributed more than most to this pantomime as you so succinctly put it.
Very professional behaviour from an ex professional (so happy & fortunate that he wasn't managing my pension funds)!
LOL @ OMM, it does seem very coincidental I must agree, but that's just the way it has all panned out.
Glad to hear that you find me entertaining though bud.
My business aquaintance friend is an avid investor in mining companies (crazy guy!), and is heavily invested into Conroy as he's seen the groundwork going on there first hand (I'm meeting up with him in Ireland on Wednesday to discuss cashflows for one of our joint ventures if you must know).
He was big into Rockfire before getting cold feet due to the BOD strategy a year or so ago and felt that it had become a lifestyle company so pulled the majority of funds out and into Conroy.
My friend who lost a fortune in Rockfire did stupidly buy back in recently, but luckily sold out for a 5% profit on the spike.
I did mention this at the time...please keep up OMM!
Anyway, Proxy form sent off in plenty of time, all confirmed, and WSG has his rightful place in the front row at the AGM :)
I'm not asking you to believe me OMM, that's up to you, but I'll be at the AGM on Thursday come hell or high water.
Will you be there though bud?
OMM,
I'm no expert but of course I know the rules regarding attendees at an AGM, so I addressed this as soon as I knew I was going to the Rockfire AGM.
It's already in hand bud as I'm attending as a Proxy...
What an incredible coincidence, but it just so happens that my business associate in Clontibret (the one who also kindly offered to fly me back to Newcastle in his private plane) is still holding a mediocre amount of Rock shares from way back when, and has happily appointed me as his proxy ;)
Of course, he has also prepared a few telling questions for Mr.P to go alongside mine when I attend.
He is very aware of what has been going on...
I believe that he's posted a few times in here to air his grievances at your raging rampfest tactics, and also how poorly the BOD's Rockfire strategy has been handled in recent times (even though he mostly sold out of Rock a year or so ago to buy into Conroy, he's still got ethics)!
I didn't want to bring his good name into it but you forced my hand OMM...
And now I'm thinking that you're trying every trick in the book and making excuses to try and get out of meeting me at the AGM???
Your crew expect you to attend as they have put millions of £'s into Rockfire off the back of you, and you alone.
It's now the least you can do to repay their trust in you in the first place.
As you say win/win...
See ya Thursday bud.
WSG.
OMM,
In answer to your question, I'm going to the AGM because I can!
Don't have to be invested to attend buddy, and I've attended many of these in the past, mainly through my connections and business aquaintances...
I need to be at the Rockfire one in particular to get a feel for the body language and 'vibe' from David in person, as it's something that you can't replicate by watching it on video at a later date...
And anyway OMM, our often heated debates in here have piqued my interest in Rockfire, plus I feel it's the least I can do for my good friend and also the genuine people in here that I've given my pearls of wisdom to.
So, thank you OMM for gracefully accepting my offer to meet up at the AGM...fair play to you bud as I had you down as an all mouth and no trousers type of guy...
It's music to my ears that at last you've succumbed to the pressure and will be representing your trusty crew at the AGM (as any honourable Captain should and would do).
Maybe you have also finally accepted how irresponsible it was for convincing many decent, hard working, gullible investors into putting their life savings into something which could easily end up on a collision course with ruination?
Anyway, will be flying into Amsterdam, before a quickie in Clontibret, then over to good old Geordieland, before a long drive to London and the Rockfire AGM...can't wait to meet you there in the flesh OMM...
@OMM,
It was 2 a.m. when I started writing my earlier post but the steak was so big that I had to go and have a lie down LOL, in between eating it and finishing my factual and educational ramblings in here.
I do love my grub pal (although I wouldn't be so pertinent as to say that I was a greedy little piggy), but who the hell is this Kevin Hornsby character you speak of anyway??
Surely your posts about him are defamatory OMM, so you had better be careful what you write about people in here.
Do you have 'history' with Kev maybe, or is it Phil, or is it Michael, or is it poor old CJ?
Jeez, and I though that I was unpopular!!
Face facts OMM...your Rock-a-by baby shill has gone titty up and you can't stand the thought of your reputation being dragged into oblivion...time to hang up your boots bud, and retire to somewhere in S. America where you won't hear the screaming of the lambs anymore.
As I have said on many occasions, you owe it to your battered and bruised troops to turn up at the AGM and ask David in person what the heck is going on.
It was you and your "no-brainer" messages that got your loyal band of Brothers and Sisters into this dire situation after all...
I'll be there, but will you bud?
2 a.m here after a night out in the Big Apple, just about to order the biggest steak that I've ever seen!
@Morvins, fair enough if that's your strategy to wait it out for the next 5-10 years, but even then there is a massive risk that Rockfire will end up with nothing tangible.
Might as well just buy Rolex watches and Scotch whiskey barrels which are always going to get you a good return on your money, and are way less risky than entombed metal hoping and waiting to be mined.
I think a lot of the more recent investors in Rockfire (the last year or so) were shilled a dream to make a killing in a much shorter time frame, and probably invested way more than they should have after being convinced by one individual in particular that it was a "no-brainer".
I know I keep going back to this, but my friend was one of these poor investors who got roped into something that they knew nothing about, and then took the hit after realising that Rockfire was going nowhere.
Many more still have their funds trapped in Rockfire for the foreseeable, and it makes me angry to think that one individual is the cause for many gullible investors now suffering the consequences of his shilling.
For a 'professional' investor I still find it amazing that he didn't take into account the growing global economic concern and macro outlook before shilling people into investing their hard earned in a company and sector which was always going to suffer massively at the first sign of a recession.
Copper, Zinc and many other base metals are now officially in a bear market, which is always a precursor to a global recession...I will be very interested to hear what Mr. P has to say about this at the AGM considering that his strategy has been to concentrate mainly on those projects rather than the gold at Plateau.
I am now in the process of selling part of my property portfolio as I feel that the housing market is also going to be hit fairly soon once the recession gets its icy claws in.
We all need to batten down those hatches folks.
GLA.
Mr Market is down on most mining shares due to tepid commodity prices caused by persisting concerns about a global recession...and a long, deep global recession is now more or less guaranteed.
Copper and Zinc prices have tumbled to 16 month lows, so maybe Mr. P should have put all of his eggs and available funds into Plateau and the more resilient gold, rather than chase his big fat Greek zinc dream during these times of economic hardship (I will put this to David at the AGM on behalf of investors here who I now count as friends).
Funding will definitely be needed at some point soon and as Hoopy points out, it's not going to be an easy task securing that once recession bites down hard into anything junior miner related.
That is of course unless the junior happens to be top heavy into gold (not copper or zinc), have a signed and sealed JV with a major, and currently drilling in an area with fantastic gold grades (I give you Conroy - CGNR).
You're welcome...
WSG.
It's 6:00 a.m. in New York as I write this!!!
Good Lord, do you peops miss me that much when I'm away for a few days!
This chat would most likely be in mourning if I happened to pop my clogs suddenly...
SpankTM, you've asked my opinion regarding the RNS today...so please don't shoot me down now for speaking my mind will you folks!
IMO, pretty much vanilla like most of the other recent news has also been, and no positive reaction form the market or investors as a result once again.
Mr Price seems much more cautious with his statements these days and this one is no different...
These new gold sample results at Plateau are just okay...nothing special, and IMO it will be a very RISKY and COSTLY strategy to drill there off the back of those.
If drill results are anything other than exceptional (and the sample grades don't point to that) then it's going to dent market confidence in Rockfire even further than it is now, with the resultant drop in SP.
Then go and compare Rock to OMM's favourite other share (Conroy Gold), which so happens to be in the Clontibret area of Ireland that I'm visiting in a week or so...what a coincidence methinks ;)
Anyway, as OMM has already pointed out in an earlier post, they have an excellent prospect at Clontibret, fantastic inuagural Jorc, remarkable grades, JV ALREADY IN PLACE, drilling underway right now...so fireworks could be expected in the not too distant IMO...DYOR folks!!
www. conroy gold and natural resources. com/projects/overview (leave out the spaces DOH) :)
Conroy is basically everything that Rock isn't.
Everything already in place, taking most of the risk element off the table.
Whereas Rockfire is still way, way, way off from anything like that (i.e. much more risky).
Why do you think that Mr. P is now concentrating on the big fat Greek Zinc mine so much?
Because the BOD are pinning all their hopes on that one project to pull Rock out of the cesspit.
If I had to choose between the 2 of them then Clontibret is the "no-brainer" in my eyes.
Please don't take that as investment advice though as I'm just a humble property investor and entrepreneur afterall.
Anyway, I will love you all and leave you all as we're off out early for a fun packed day in the 'City that never sleeps'.
Room service has just brought up our eggs benedict and waffles to be washed down with freshly squeezed OJ and a pot of Yorkshire tea LOL.
Don't want to sound rude, but please let me get on with my holiday now:)
Peace out folks...don't forget the AGM...OMM meet you there??
Okay folks, just checking in and checking out at the same time!
I'm off later today to the land that never sleeps.
After 10 days in NYC taking in all of the local 'attractions' it will be back to business as usual.
However, I will be stopping off in Amsterdam on the way back...say no more ;).
Then a quick recce over to Clontibret in Ireland (gold-in-them-thar-hills!!), before hopping on a business aquaintance's private plane back to Newcastle Airport on the 30th June.
Then my plan is to drive over to the Rockfire AGM and meet up with all of you good folks...
I'm sure that I will spot OMM a mile off way before he spots me...he will be the one in the long flowing robe surrounded by 11 loyal (1 Judas) crew members hanging on his every word...just joking of course :)
Either that, or I've also got Walter Mitty in my head for some reason?...just joking again :)
Not sure who I will come as or what I will be wearing yet though, apart from the obvious WSG...any suggestions folks?
No negative talk regarding Rock from me today you'll be glad to hear, although one thing I will say is that David's podcast from the other day hasn't done anything at all to stimulate buying...mostly selling unfortunately for the bag holders.
It's all gone very sterile since the "remarkable" Zinc Jorc RNS to be honest...wishing you all the best of luck that it turns soon though.
Ciao for now folks.
P.S. Apologies to Waterdrinker and anyone else who sees me as a demon...I hope Rock turns out well for you all.
Unless you hadn't noticed, OMM addressed me directly with his posts this morning, otherwise I would have kept my lips sealed...we have history you see!
As always, DYOR, and don't listen to anyone in here or elsewhere (including my good self), but do listen to your own gut instinct as that's very rarely wrong.
"you have missed out the bit where he says clearly that he is disappointed with Allenby Capital's valuation for 2.6p"
He would say that LOL, of course, it's only his opinion but quite rightly acting in Rockfire's best interests (that's his job)!
"Also the new route to monetisation which he didn't mention in the 'meet the company' interview a week or so back"
I did hear that bit, but nothing new OMM.
**POSSIBLE buyout - where are they?
**POSSIBLE JV - where are they?
**Last option of mining and funding the project themselves years down the line, but as Mr. P said, investors ain't gonna wait that long with their hard earned...plenty of raises required too if that is the case.
"Convenient, I assume you are also buying after this latest bullish interview but cannot possibly say so. Or is it the friend"
Nah, not interested in tying my money up for the next decade, my friend isn't interested anymore either.
Property, bricks n mortar for me bud...thanks anyway.
Mr Mando,
You've obviously missed my witty repartee by calling me out like this...I rarely blush, but you got me this time bud.
I'm also honoured that you've addressed me as Mr. White...at last someone is showing me some respect and has noticed my obvious skillset here.
That interview you posted there OMM gives a very good insight into where Rockfire currently stands, and respect to David for being cautious/realistic as opposed to rampy like someone else I could mention!
Going off topic slightly, David Price certainly gets around doesn't he...bit of a jetsetter and I'm sure he appreciates investor funds to get him from A to B with his 'extra legroom' seats on the local budget airline :)
1) First off, my impressions are that Rock are now in limbo for the foreseeable.
**Plateau barely had a mention.
**Copperhead is now the forgotten love child sat lonely and despondent, languishing in its own uninspiring grades.
**Copperdome is akin to having a punt on Putin winning the Nobel Peace prize.
**Molaoi (Mr. P's new love child) is akin to buying an old rundown house without getting a surveyors report first.
2) I keep asking myself why the Greek Gov't let such a "remarkable" project go so easily like that, and in all seriousness, isn't it a bit odd that only Rockfire(Hellenic) and some local Greek Kebab shop owner were the only 2 bidders for the tender on one of Greece's crown jewels!
N.B. Rock SP lower today than Zinc Jorc RNS day!!
3) In Mr, Price's own words, it's going to be months before they even start thinking about the possibility of drilling again at Molaoi, so much red tape still to get through yet.
4) Plus, that old decrepid mine structure sounds like something from the archaic Greek catacombs of Milos...they have absolutely no idea what condition it's in, and if/when they finally get permission to open up the 'portal', then all sorts of unwanted demons could be waiting to be unleashed onto Rockfire's already crumbling SP.
Just face facts OMM, you ramped this up to my friend and many others a year or so ago off the back of Copperhead, before anyone knew anything about Mr Price's love affair with Greece, so don't you try and take any credit for the Zinc.
In fact, I'm very disappointed in you OMM that your research did not uncover this Zinc 'road to riches' before many other well informed people actually did (you must be losing your touch bud).
Also, face more facts OMM, Copperhead & Dome projects are going to be way too big for Rockfire's meagre finances, and with no suitor at all in sight, the company is going for the Zinc as it's an 'easier' target, or "fruits from the lower branches" as David so succinctly put it.
They are putting all of their eggs into one Zinc lined basket now IMO, and hoping for the best.
No doubt you're still buying their shares though, and advising your crew to do the same, whilst giving the BOD at Rock a wonderful lifestyle off the back of your generosity.
See you at the AGM b
...Rock investors won't be millionaire's unfortunately.
Glad that you find me entertaining Rhodney.
You certainly seem to enjoy making me the butt of your endless ridicule.
Likewise, I'm looking forward to meeting up with the ramp crew at the AGM on 30th June.
I am flying back from a business meeting into Newcastle airport that morning, but will do my darnedest to get there as it would be lovely to shoot the breeze with a few of my nemeses.
By the way, some naughty so and so seems to have been selling up over the past few days...is that you Rhodney?
The SP looks very fragile again, but I'm stopping myself from saying too much as I don't want to come across as a negative nelly, or be accused of de-ramping.
Anyways, back to the grind stone (one of my tenants has somehow flooded their bathroom)!
Gonna call odd job Bob right now to sort it out for me hopefully.
Laters guys...
Si, que, what...(classic line from Manuel in Fawlty Towers and very funny if you want to Google it and watch on YouTube).
Your post Rhodney made me think of Manuel for some reason :)
As I also told your friend Morvins in my '10 Point Bulletin' post the other day, I have no hidden agenda here, and have only ever tried to give any newbies my genuine, if albeit an opposite prognosis of what you guys are preaching.
Free speech and a different opinion to yours is still allowed in here isn't it Rhodney, or am I mistaken?
I'm not physically stopping anyone from investing in Rockfire if they want to am I?
It's up to the individual whether they invest or not (once they've done their own research hopefully).
Just to clarify, my friend did put some more funds into Rock recently (once again fuelled by all of the ramping in here)!
However, they cashed in for a very quick 5% profit, but realised how lucky they were on this occasion, so won't be going back in again...
The last paragraph of my post on 23rd May @ 16:47 confirms this for you if you care to check, and proves that I am not lying or suffering from short term memory loss :)
Also, I didn't even know Rockfire existed until my friend's plight came to my attention in recent months.
I have of course researched much further back since then to get a feeling for the company, and hence my opinions are not tripe or just plucked out of thin air as some in here would have you believe!
So, in summary, no lumps of tripe or deceit guaranteed, and no need for me to backtrack either Rhodney...
Apology accepted by the way bud ;)
"Seems really uncool to go on a public discussion forum and abuse people that want to have a discussion"
Quite ironic Abkaz, but it looks like your prophetic words above have come back to haunt you?
Calling yourself uncool saves me from doing it, so that's much appreciated bud.
I understand that your angry with the poor performance of Rock, and I seem to have got under your skin and hit a nerve here, but you can only blame yourself for investing money that you could not afford to lose.
I think you know where Rock is heading but don't want to face up to that awful reality - just glad that I'm not in (and never have been thank God)!
I can be as patronising as you if you pull my strings hard enough , so now it's about time you toddled off too ;)
1) No hidden agenda from me...BUT, if that's your opinion then it could be said that every poster trying to ramp it up also has a hidden agenda?
2 ) My life does not revolve around this board, but it just so happens that I have some days sat in my office twiddling my thumbs, so it's a great time to catch up in here! I also love playing golf you know :)
3) I enjoy giving potential investors my side of the story so that they have a balanced view rather than see them jump in feet first thinking that Rock is the Holy Grail.
My only history with Rock is through my friend's bad experience, and their awful plight brought me here.
4) I have made many useful posts (IMO), and pointed out many potential pitfalls (nothing made up)...much the same as you and your 'friends' have posted about the potential upside ;)
5) Rock does not surpass most other exploration companies IMO...if it did then it would already be in the 3-5p region.
You should really have said that "future news might be good", unless you have a crystal ball Morvins?
6) I'm happy for you that you're happy with your holding in Rock!
But once again, you guaranteeing that the future is bright is somewhat presumptive and comes across as very rampy.
7) I know nothing about Rolls Royce shares, so why would I write about them?
On the other hand, I've enjoyed researching and giving my opinions about Rockfire, and will continue to do so if that's okay with you Morvins?!
8) Some people do just love the sound of their own voice and are born to perform... :)
As much as you would like me to, I would never put myself into a box as that would be self-sabotaging, whilst also accepting that I might be bad at something, and that is not the case here.
9) If I do have the all comers record of posting more about Rockfire over these past few months than anyone else, then I graciously accept your compliment in that regard Morvins...it's been an absolute pleasure bud.
10) What you perceive as good news, I might perceive as negative news, and that's what makes the world of shares go up and down unless I'm mistaken?
Unfortunately for Rockfire and it's investors, the concensus has obviously been more negative than good when looking at the SP action over the past year...I wonder why??
I've just listened to the presentation and if I was an investor then I would be feeling slightly uneasy right now.
As you say Hesham, with all of these projects on the go, one would have expected some sort of increase in the SP by now, but for whatever reason the market has ignored Rockfire for the past year or so...these market professionals are not daft, so they have obviously seen something that they don't like.
I noticed from the presentation that a group holding 140 million shares (OMM's I assume) queried Mr. Price as to why Rockfire is not valued at 5p or thereabouts, when taking into consideration that there is MV of over £2.1bn of in ground metal, and how this is going to be addressed in the future (5p would be 3% of the MV and value Rock in line with other juniors).
I'm not being negative here, but IMO Mr. Price seemed slightly dismissive and perturbed by this question, and gave the obvious answer of production, buy out or JV as the solution without any further elaboration (I'm guessing OMM wanted a bit more detail than that)!
Unfortunately, without a proper feasibility study for any of the projects, a buy out or JV is probably not on the cards any time soon.
Production (if that ever comes to fruition) is likely to be years away, so how is OMM's massive undervaluation of Rock going to be addressed?
Even Molaoi with it's ready to go mine has many many months of studies to come...also still much crossing of the I's and dotting of the T's before they even consider whether the underground mine built 40 years ago is still in one piece and ready to go.
I also had the gut feeling from some of Mr. price's answers that Copperhead and Copperdome have now faded ever so slightly into the background - did anyone else get that feeling?
Maybe the BOD have realised that without a JV that these projects are going to be way too big and beyond Rockfire's monetary capabilities...they were were probably hoping to get a sniff of interest from a major, but the poor CU grades put paid to that unfortunately.
Just putting my opinions out there, and I would be interested to hear what Rock investors feelings are, now that all of the cards are on the table, but with no proper upturn in the SP?
I come in peace, and it should always be the right and proper thing to have a balanced debate rather than just ramping as some do, or being a pillock (that's me apparently according to one esteemed member in here) ;)
GLA.
OMM, there's no getting away from the fact that Rockfire has found it's level now.
Closer to 0.375p than it is to 1p though if my maths is correct.
Rockfire has just released their 'Ace in the pack' RNS and the SP has barely moved for God's sake!
0.48-0.50 before RNS...0.50-0.51 post RNS...
The BOD, you and your Rock investors group must have been thinking that this RNS would be the defining moment.
Copperhead grades were crap, so it was understandable when that went down like a lead balloon and the SP tanked.
But the zinc grades were just what Rock needed to transcend the SP up and away, everyone was waiting with baited breath for the market to open on Monday...
No doubt you had your victory speech primed OMM for when the SP flew out of the blocks towards your 5p target, but alas, it was the same old story.
Only the pump 'n' dumpers (Duke of Earl etc) were interested...and a couple of trading days later Rock is back to whence it came.
Where to go from here?
Mr. Price has hit the market with everything he's got at his disposal, but all to no avail.
The markets are in turmoil, investors are spooked, and hopeium has turned into blind panic.
Sounds like you're one of the lucky ones with an average of 0.70p.
Please give some thought though for those of your members and in here who will still be @ 1p and above.
Slightly insensitive from you there OMM for shoving that in their faces.
Nothing wrong with Peru by the way, I was there fairly recently and can recommend it to anyone.
Get it on your bucket list OMM...plenty of fresh air in them Peruvian mountains to clear the mind from the pressures of everyday life...
OMM
Just saying...Tinka as above...much further advanced than Rockfire, but still in the abyss.
Rockfire @ 0.50p today...DOWN 50% from OMM's initial 'investment' advice last year...FACT.