Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
OMM,
Was happy to stand down until you and others started goading me AFTER I had posted my intention to do so.
Anyway, what makes my posts any worse than yours?
You think Rock is a fantastic investment and I think it's a dud...so it could be said that we are at polar opposite ends of the opinion spectrum, one a ramper, one a fudder as you are suggesting right?
Surely though, debate is what maketh an interesting message board, just as trading does maketh a market?
Otherwise we have a totally biased viewpoint, and potential investors are more likely to invest without researching all of the facts, which is unacceptable IMO.
I have been providing plenty of information for everyone to digest, whether that be quotes from Price, or quotes from the Allenby report, or even my own opinions every now and then regarding things such as Rock now being in this low SP trading range, and traders in the know profiting as a result.
Are you suggesting that traders are not allowed to make a profit in this way as you perceive it to be immoral?
Or is it because you are angry and prickly that it's not all going as you promised or planned?
We are both very opinionated and sometimes you need to take the rough with the smooth OMM...
As for meeting up, I've already invited to meet you at the next AGM which would be a nice neutral venue for us to get things off our chests, so have I missed your reply to that OMM?
Instead you say this:- "I sincerely hope we are never in the same room together, let alone, god forbid, meet."
Firstly, you don't scare me OMM, and secondly, you won't bully me if that's your game, but that suggestion in your post comes across as quite aggressive if I'm being honest, so maybe you would like to retract your passive-aggressive stance before threatening to report me in the first instance?
As for Rock and your accusation that I held only for a few days, you are mistaken as I've never held any Rock shares!
Was just congratulating anyone who DID "take advantage of the short lived window of opportunity to make a few quid."
Wish I had done the same if I'm being honest with you ;)
Don't want to come across as a smart-arse, but sorry to say I did drop a few hints about Rockfire last week.
I hope some of you took advantage of the short lived window of opportunity to make a few quid?
With 'their' profit targets hit, selling began Thursday onwards (some of the larger reported buys were sells BTW).
As predicted, FOMO followed by dead cat bounce, drip feeding the SP down and back into the 30's....rinse, repeat.
Rock has now become a traders paradise, as others have hinted at...trading base now solid in the 0.3p - 0.5p range.
One particular ramper will be licking his wounds no doubt after his "I told you so" post the other day...HMMmm...
He has ruffled too many feathers IMO and made a rod for his own back I'm afraid to say.
His nemeses..."the orchestrated gang" will be laughing all the way to the bank by now though I'm thinking??
He & his analysis is now 'away with the fairies' ...these traders will ensure to keep the SP down in the abyss IMO.
Even he must now be getting worried by the apparent 'manipulated' price action, although he will never admit it.
He's misjudged Rock badly and is now stuck with a dud along with all of his unlucky followers.
I would be fuming if I was in his TG group...holding 130mill shares between them...holding his baby!
Wake up folks, just because he says so doesn't make anything a good investment...he's not the Messiah after all!
His price targets have been so far off it's become an embarrassment!
Nowhere to hide anymore, nobody to blame apart from himself.
IMO...DYOR.
.
"Has the stand down finally taken place?"
I will let you all decide.
Scenario 1:-
***********
Either I'm part of some orchestrated gang as OMM has insinuated, and we've now almost accomplished our mission.
As part of our mission we would have been shaking the tree in order to buy in at the lows, again as OMM has insinuated.
Mission accomplished then?
Not quite...if we were doing as OMM suggests, and with our 15-25% profit target now reached, we would have already begun selling down in batches (whilst punters FOMO in), so as not to alert the MM's too much and slowly but surely squeeze the SP back down to where it came from.
Every dead cat bounce works in exactly the same way...it raises hope for investors that the tide has turned, when in fact it's all being manipulated by those in the know.
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Scenario 2:-
***********
OR, has my mission been a genuine one all along? Is it possible that I am actually the genuine article?
Have my efforts to help potential investors make an informed decision by providing them with facts of the risks and downsides been genuine ones?
Was my reply to OMM on Friday 22nd @ 15:06 an attempted tree shake, or genuine actual quoted facts from the recent Allenby report?
Does my poor friend who has been scorned alongside me by the doubters in here even exist or has it been a ploy to get the sympathy vote all along? Have I been playing the "victim card" or the "poor me game" as some have suggested in order to sway people?
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Scenario 3:-
***********
OR, could it be that both of the above scenarios are in fact possible??
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DYOR...all IMO...etc etc
The Truth Is Out There - you decide...
Your analysis is impressive though.
Hope it works out for you and your followers.
Trying not to be too negative for you guys now after what Fred posted about me yesterday.
The jury is still out in that regard OMM.
A lot needs to happen and fall into place before your price target comes to fruition.
Rock without a JV is like one Chuckle Brother without the other.
OMM,
Thanks!
According to metasymbology you've done well to find a card that's a good match for me, fair play.
"All Jacks are youthful, next in line to the throne. Thus the Jack of Heart is also known as the emotional tyrant, willful, with a heavy case of martyr complex!"
"For the most part, however, Jack of Heart natives are kind and friendly. They feel strongly about protecting loved ones, and don't want to be a problem for anyone."
'Emotional tyrant' is possibly a bit strong though?
Let me guess, you're an 'Ace of Spades' ?
Helloooo...is there anyone in here with a good word for me? Please??
Feels like I've been tarred and feathered whilst being suspended in mid air from my delicate bits!
I thought that by me standing down then we could all move on?
But some still want to kick a man when he's been beaten down into submission like some flea ridden dog backed into a corner, and we all know what that threatened dog will instinctively do don't we...
But I know better...these posters are just trying to wind me up as they've enjoyed being part of the the circus and don't want it to end. They enjoy being the centre of attention by poking fun at me as if I were that cornered dog.
If anything my posts have breathed new life into a chat room that was fast becoming an echo chamber.
I should be getting thanks from those already invested for putting Rock back on the map at least, and last weeks rise has given some the opportunity to make a tidy 25% profit if they've been savvy enough to do so.
Rodney's friends obviously did their own research, looked at both positives and negatives, and came up with their own decision not to invest...I didn't force that on them just as OMM didn't force it on my friend to invest, as everyone keeps telling me in here!
BTW, my property portfolio is of the actual bricks and mortar kind, some buy-to-lets, some renovation projects to sell on.
Would much rather own the physical assets than invest in some dodgy property shares.
Have a good afternoon all.
@Fred,
Your post yesterday was the one which made me realise that what I write might actually be adversely affecting some people on a personal level, when my intentions have only ever been to try and help others make an informed decision.
You are one of only a few genuine posters on here that I respect and take notice of, so thank you also.
I'm humble enough to admit my misgivings and hope that individuals sitting on the other side of the fence will also look at the possible negative affect that their posts will have further down the line.
@Troajan,
Looking at your previous posts in this chat and elsewhere, it could be said that you are the polar opposite of what you claim me to be (I'm not here for financial gain BTW, do not hold Rock shares, and never will for that matter).
Nothing but a ramper in it's purest form, no balance, pump and dump, selling out when you've hit your target, which would make you...wait for it...a trader...trying to sway sentiment...IMO!
Just when I was starting to feel more tranquility and self-control, a poster like that starts getting my hackles up all over again...
I get it folks, I really do.
Some of the stuff I've posted has been unacceptable and I regret if it's made anyone feel in any way anxious about their investment in Rock. Likewise, some of the stuff posted about me has been very personal and close to the bone at times.
It's obvious to see that my main spat has been with OMM, and saying that we have a clash of personalities would be an understatement!
I absolutely hate the fact that he never accepts criticism like a man, has never once apologised if his 'advice' to invest in Rock has resulted in a financial loss or caused distress to anyone, and carries on like he's some sort of messiah at all times. You ask if my intentions here are genuine, but I would also ask the same of OMM.
I realise that everyone thinks I'm talking BS regarding my friend, but I've seen first hand the emotional turmoil that losing half of their life savings in Rock has caused them.
I know OMM didn't cause it directly, but his constant exaggerated price targets caught my friends attention, and the same could happen to someone else with no investment experience. Giving people a balanced view is my mission here.
My previous post today was merely pointing out actual quoted FACTS from the latest Allenby report (freely available for all to see), and whilst OMM and others have been directing people towards all things positive, I just wanted potential investors to have a balanced viewpoint and see the other side of the coin, and Rock is still a very risky investment at this point in time...that's not de-ramping, but FACT...even Allenby's agree on that point.
The comments about me being some part of a group trying to bring the price down is also total BS by the way.
However, is it at all possible that some of these characters that OMM has called out in here at times (he's made it quite clear that he has 'history' with certain individuals), have been selling out when the SP was around 1p in order to bring it down in order to spite him?
Also, to quote OMM from earlier today:-
"Him and his friends have been shaking the tree for weeks to accumulated at a low price."
So, if these same individuals have now bought back in the 30's, then they will no doubt be selling up if and when they reach their profit target, and that could be anytime soon considering Rock has had a 25% rise in the last few days.
I will leave it there now folks. Apologies to the genuine people I may have offended or made to feel anxious.
I also genuinely hope that anyone invested will do well, or at the very least not lose out.
My advice still stands to any potential investors though, and as always DYOR.
OMM,
Feels like a bit of an "I told you so" from you this morning to be fair.
When it reaches your initial ramping estimate of minimum 5p+, then I will personally come on here and congratulate you and big up your already massive ego even more, but certainly not when most of your poor foot soldiers are still sitting on massive losses.
I think it's very insensitive of you to boast of 25% gains from the abyss, when most of your flock will be around 50% down from your initial 1p rampfest.
At least guys like Lazarus are humble and show both sides of the risk/reward here - I have no problem with investors like that even though I sit on the opposite side of the camp to them.
IMO the bulk of the rise this morn was short term traders and as soon as that psychological 0.5p was reached the sells came in. It moves fast in both directions don't forget! IMO the market has also now priced in the zinc 'potential', so that small rise was your lot.
Without a JV the projects are pretty much screwed I would say.
Placing very likely soon IMO and with the SP down here that could be brutal.
DYOR please guys, research the FACTS for yourselves and don't get brainwashed by anyone on here or elsewhere.
Thanks Lazarus, will pass on your good wishes to my friend...I'm taking them out for a glass of red or 2 tomorrow and thankfully they appear to be slowly getting back on track.
Always a pleasure chatting with genuine folk like you in here.
Abkaz has an issue or 2 it would seem though, but it's definitely not healthy to have such issues bud.
Just chill and all will be fine.
Lazarus,
Thank you for your balanced post, and point taken regarding anyone selling at a loss due to my perceived negativity as I wouldn't want that at all.
I've tried to give potential new investors another perspective in order to make their own investment decision here, rather than getting too caught up in all of the exaggerated SP targets and hype which has surrounded this share mainly down to one individual in particular.
These newbies could be the ones who ultimately suffer, as they probably haven't done their own due diligence and invested purely because the 'rampers' have somehow convinced them to (my friend fell into that category).
On the other hand, anyone who invests armed with their own research can only blame themselves if they ultimately lose money, and I've been trying to push investors down that road if possible, to become well researched themselves as opposed to listening to any old Tom, Dick & Harry in here (me included BTW).
Anyone thinking of investing, I would really recommend to read the latest Allenby report as the info in there is as accurate as it can be, giving a balanced appraisal of Rock, along with the undoubtedly high risk of loss caveat that comes with investing in such a share as this.
That has been the main reason for my spat with OMM...he has not once come out and stated that Rock has a very high risk warning attached to it, and has only ever given the impression that it was/is a "no-brainer" (as he told my friend).
However, I do respect your viewpoints Lazarus, as well as a few others in here, and am always happy to converse with genuine people, although my opinion definitely hasn't changed regarding Rock.
As you say, each to their own.
GLA.
Respect where due to Lazarus2 & bfc1 for at least being constructive with their counter arguments (maybe Abkaz would like to also try), but simply doubling or even trebling from here will still leave most who bought at 1p only at around breakeven.
If, and it's a very big if, the SP does get anywhere near 1p then there's going to be a plethora of selling as psychologically everyone barring the OMM's etc of this world will be elated to get their money back.
Personally, and for the ones more 'fortunate' to have bought in at a lower price, I think most would be happy to take an acceptable loss right now and wipe the slate clean if they were being honest.
IMO 0.5p is a massive psychological level and will see a mass exodus if ever they're fortunate enough for the SP to get there in the first place.
SP just sneaked into the 40's as I write this...it's getting exciting :)
Horny,
I can take criticism on the chin no problemo, but when I'm falsely accused of something then that's another matter.
Calling me a hypocrite is way off the mark as my mission is to try and save anyone else from investing here and in doing so eradicate the need for there to be ANY MORE blood on ANYONE'S hands.
OMM's predictions were/are ridiculous in the extreme, with talk of EASY 10 baggers, 20 baggers or more when the price was at 1p (from current SP his prediction needs to be a 30 bagger minimum!!), and that's what drew my friend in.
Naive yes, but they won't be the first or last to be caught up in such things as OMM's analysis seemed so plausible to my friend at the time, and many others too who were/are in his TG group by the sounds of it.
Whereas, my price predictions have never been ridiculous, and in fact they've been proved correct.
If I can save even just one more person from going through what my friend went through then it's mission accomplished.
Any potential investor who has read my posts and still invests after all of my warnings can now only have themselves to blame, whereas my friend didn't have any such advice to fall back on unfortunately.
Please read the Allenby report if anyone here is still thinking of investing.
Yes, it sets out the potential upside (not that great IMO, but at least more plausible than OMM's), whilst also pointing out the massive risks involved with this sort of exploration mining company. It's nothing more than a gamble.
Successful ones are very rare beasts so just take time and DYOR before making any hasty decisions.
Alas, I sense that the knives are starting to come out for me again.
Always the way when someone actually starts talking sense, they get beaten down by the loyal flock.
I will leave you all in peace for a while and let what I've said settle in.
Peace out all...
Horny,
Thank you for explaining so eloquently, you obviously know this game way better than me and I'm happy to learn from experts such as you as it's a learning curve...also happy to be proved wrong with my price predictions.
You mention the misfortune, but is it possible that Price made bad judgement calls as opposed to being unlucky?
I've studied the Allenby report now and Rock really is a very high risk investment isn't it?
Yes, nothing is a given I know, but some would have you think that it was all going to be a bed of roses from here.
The report has so many ifs and buts that I'm afraid investors could well be waiting until eternity to get anything worthwhile out of this. Not one project is anywhere near feasibility stage, and even the zinc Jorc is likely to be end of Q3 (September) when I was under the impression it would be next month!
Without any positive news this will drift lower and my price prediction looks to be very possible now.
Before anyone scoffs, who would have ever thought the 40's, let alone the 30's would be breached.
Maybe Price will strike it lucky one day?
@Rhodney,
Valuations (estimates) are only worth the paper they're written on as otherwise Rock would be in the 2p region right now.
Basically just a re-hash of what was already widely available to the market and the market has already spoken...
SP of 0.38p or thereabouts, and more sells than buys today yet again...hmmmm.
How many times do I have to repeat myself.
Metal in the ground is worthless without it being economic to get it out.
Unless they're fortunate enough to get a JV or buyer (highly unlikely as Price confirmed recently"never been in talks with a major"), then placement funding is going to dilute the estimated valuation figures even more.
Also, and just to prove my point please refer to the note in the report below...blimey O'Riley these drill campaigns don't come cheap do they...without JV you guys will be paying for these drill holes no doubt!
"Note, to establish even a mid-size porphyry resource with drilling depths of more than
500M and covering an ore body several kilometres long and wide would be an expensive
undertaking. Each diamond-drilled hole >500M would, we believe, cost in excess of
US$0.2m. To establish a reserve base of adequate critical-mass we believe it could be
necessary to drill and assay over 100 diamond-drilled holes. Potentially heavy
development costs in our view probably imply concluding a joint-venture arrangement"
Keep on speculating our Rhodders.
Good point actually StrummerJ.
When it comes to AIM type shares, most punters don't seem to be investing for the long term anymore, so fundamentals are unimportant for these get rich quick sorts.
It has to be a very special share indeed (GGP for e.g.) to have a continued rise, and Rock certainly isn't that!
I've noticed immediately after every Rock RNS recently, rainbow chasers buy in first thing, then the same day sell off occurs after it's gone up maybe 5% if they're lucky.
Problem is that every time this has happened the SP has been getting hammered more and more each time, falling further and further into the abyss.
The heady days of even 1p are long gone now (200% rise needed from current SP).
Rock has disappointed too many people too many times and its reputation is in tatters.
Nothing more now than an occasional rainbow chasers 5%.
I still predict the SP will drop into the 20's before too long.
People are expecting the Holy Grail from this zinc project, but please DYOR and listen/read between the lines what Price actually said in the recent presentation, in particular this quote:-
"It's WAY TOO PREMATURE to be quoting any potential zinc production figures and to do so would be MISLEADING"
Once investors get fed up of waiting yet again for something that has no bones, the selling will start in earnest once more.
IMO...
WaterD,
If you click on my profile you will see that I have posted many reasons not to invest.
To think that you've not read some of my posts makes feel very unwanted, but I will give you the benefit of doubt this time ok?
Rhodney,
I thought you'd blocked me?
Nice to have you back on board bud, I know you can't go for too long without my posts.
Very addictive behaviour from you, but I'm delighted you decided to join me again ;)
Now I am definitely off to bed with notifications on silent.
I need my beauty sleep...TTFN
How daft can one be?
The "blood on your hands" comment was not even referring to winners and losers in the market as that's a given and even I of 'very little knowledge' know how the market works.
The comment had everything to do with my friend who suffered much emotional pain and came close to doing something very trajic after losing a big chunk of their life savings as well as their resulting marital problems due to your Rock rampfest last year, pure and simple. Do you want me to spell it out for you?
Still sends shivers down my spine how close we came to losing a decent, honest person.
How dare you say that my comment is distasteful when you and others are making a joke of this!
And yet you carry on regardless with your old tricks!
Your "IMO" at the end of every sentence doesn't cut it pal, and it's getting tedious.
You should know better than trying to drag naive investors in with your highly exaggerated SP estimates without giving them details of the other side of the coin...i.e. possible ruination.
For the life of me, I don't even know why you're trying to convince anyone on here and elsewhere about the merits of Rockfire?
Seriously, what have you got to gain other than receiving the brunt of people's anger when it all goes pear shaped like it already has?
Are you some sort of eccentric philanthropist on a mission?
Some sort of time traveller maybe?
I also see that some of my posts have been removed which tells me that they have hit a nerve, and some in here have obviously got something to hide by reporting them?
Please don't patronise me anymore, or try and wind me up as I can give as good as I get.
OMM,
In reply to your post this evening may I point you my learned friend to my post dated 6th April (copy and pasted for your perusal below and edited where necessary).
Also, as you have contacted me here directly, does this mean that you agree to meeting me at the upcoming Rock AGM?
I look forward to seeing you there so that we can chew the fat. Who doesn't love having an 'old friend' for dinner!
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"A little background info for you before you surmise any further.
My friend has suffered for many years with manic depressive tendencies and, without wanting to play too much on this, there have been a couple of near fatal incidents which caused a very traumatic time for their family and friends.
I've known this person for over 20 years, count them as a close friend, and am obviously concerned for their mental and physical wellbeing over these past few months considering their financial loss, and more recently their likely marriage break up as a result.
Just for the record, my friend held over 6 million shares at an average of 1.14 (over £70k) after buying in a few batches when Rock was being ramped and pumped to high heaven early last July in here and on an invite only Telegram group.
Later that year they were subsequently booted from the telegram group along with many others for refusing to post proof of ownership for personal reasons (highly immoral , bordering on dictatorial from the group owner who shall remain nameless).
From that moment on Rock continued to drop and without any support to fall back on they finally decided to sell up earlier this year for around a 50% loss when every RNS resulted in another nasty drop. They lost over £35k in total, which was a devastating and life changing amount for them.
There are always two sides to a story and I will always defend and support my good friend whilst also warning others of the pitfalls that can befall them by taking advice from total strangers on a message board."
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