Member Info for zumore

Helpful you are being misleading regarding Red Rock having 2 JORCs because the 3 year terms on those Kenyan prospecting licenses expired at the beginning of August 2023. So almost 20 months ago and those licenses still haven't been renewed. We do not know if they will get renewed.

When Red Rock sold the Colombian El Limon gold mine in 2015 in an awfully constructed $5 million sale, within that $5 million sale was $3 million in gold royalties. Almost 10 years later it still $3 remains million in royalties. That tells everyone what a stupid deal Andrew Bell agreed to.

Helpful I find it hilarious when you put a smiley next to the gold price. 😂

When you do it I always imagine it's a false smiley..and underneath is your Red Rock furious crying face: 😂😂

https://www.google.com/search?q=smiling%20meme%20angry&ie=utf-8&oe=utf-8&client=firefox-b-m#vhid=iSBzleSG1fHKwM&vssid=_c9LZZ7OdNIKchbIP4a2roQc_44

The Kenyan 3 year term prospecting licenses (given 2 Aug 2020) expired almost 20 months ago. They still haven't been renewed. So take that into account when 'Helpful' talks about JORCs. 👍

RRR had lost the Kenyan licenses for around 5 years between 2015-2020. So you would have thought when they were eventually renewed Bell would have made a big deal about it in an RNS. But right at the bottom of the RNS under 'Africa' you can see he promoted the renewal with little effort. He didn't even give it an RNS on its own:

https://www.lse.co.uk/rns/RRR/update-on-covid-19-impact-and-licensing-gcyjmqnuoquya0r.html

Aimdogs, I did reply to your 9:25 post but it must have been reported and so it got removed. 🥴

Your missed out parts of your post. You actually said:

"Zumore - it’s clearly more likely from your non stop bitterness that you are his ex-wife. And clearly still not over it…."

......

Like I said I'm not going to mentioning it again. 👍

Yes Banbury.

To save Nikeair any additional posts. Before you point out that in a previous year an RRR Half yearly was released in April. The reason for this was they brought temporary new rules in for the virus, so companies could have a month or so longer to release the yearly or half yearly. Now it's back to normal.

So companies have 6 months after the company year end to release the yearly final results and 3 months after the company half year to release the half year report. 👍

Aimdogs, this Orslega being his wife was only an hunch of mine. Orslega said she/he's not, so I suppose we must believe her/him.

The girlfriend in that 1987 article did become his wife.

What does make me slightly suspicious of Orslega is that she/he knew it was now an ex wife. Plus she/he knew the ex wife is still with us. This makes me somewhat suspicious because I've never seen 'Helpful' talk about this on LSE, plus a few months back Orslega insisted 'Helpful' wasn't a friend, nor has she/he ever met 'Helpful'.

Though Orslega insists she/he is definitely not the ex. So on this thread I personally won't suggest it again. 👍

.........

Different topic, Red Rock related.

Monday 31st March 2025 is the last possible day Red Rock's Half yearly report can be released. 👍

I'm not usually up this late.

Nikeair, you don't know what "Helpful" thinks. He may be absolutely over the moon that I've found that old article of his. He may have remembered it but thought there would be no way he would even see it again.

So don't jump the gun. Stephen may be delighted that I took time out of my day to type the article out for him. As I earlier said, I couldn't copy and paste it. So I did him a good deed and typed it out for him.

I only posted the article. For all you know he may appreciate me posting it.

Orslega, it's just dawned on me. You are Stephen's wife. 😎

Helpful says:

"AB has stated multiple times that RRR was deprived of JV assets and that $420m was the amount paid. That is what is called a "fact". "

...

This "fact" is only what Andrew Bell says. We have never seen any proof of this.

What we do know is, DRC state owned company 'Gecamines' acquired the JV licenses from Red Rock JV partner 'VUP' in a reputed $20 million deal.

What we do know is 'factual' is for over 3 years Red Rock have been attempting to get their share of the $20 million deal, which was done between 'Gecamines' and its JV partner VUP.

Nikeair, last month I mentioned I had a subscription to the "British newspaper archives" website. I said there was some Stephen Lundy articles there.

If he didn't know that website existed. Then when I mentioned it last month then I'm sure he quickly got a subscription and that article I posted today was likely printed out by him and framed last month. What we may think "cringe" he is probably proud of, after all it is him.

I did say I would post it last month. Today before posting I did make sure not to post the female name in the article.

Also I don't believe for a moment he can't see my posts. He knew what was posted today.

As 'Aimdogs' pointed out earlier, there is no doubt we can still see the 1987 Stephen in the 2025 Stephen. That utter contempt for people on here, he clearly thinks they are beneath him. His loathing for posters on here is absolutely real. It eats away at him when we point out that he is always getting things wrong. It also eats away at him that we are not remotely impressed by him.

I'm sure somewhere in the 2025 Stephen, there is some shame because his days of in depth research on a company are long gone. These days it's all about picking poorly run companies and then trying to manipulate people on the internet to invest.

Stephen go back to your younger self. Get off the internet and stop trying to manipulate people on here. Start doing proper research on companies again. 👍

Banbury, looking at that article I think we can confidently say that in the 80s Stephen wasn't at the weekends partying at the Hacienda with the likes of Shaun Ryder and Bez. 😆

He did come across ad stuck up braggart. They say "yuppies" knew the cost of everything (because always bragging about it) but knew the value of nothing because of their wasteful extravagant overspending.

I'm sure in this past year or so he said he now walks everywhere, and because he didn't have the jab he now rarely travels. So you are probably right, he probably does look back on that 80s article and cringes.

Those articles weren't copy and paste jobs. So I had to type them out and so really tedious to do.

DINKY means Double Income No Kids Yet.

The below article featured different people. With the tagline "They're the 80s in crowd. Love them or loathe them. You can't ignore the Yuppies". Stephen's headline was.

THE DINKY WAY IS FIRST CLASS

"By the time he reaches 40, nine years hence, Stephen Lundy will have retired, having amassed a fortune, a private yacht, and the various other luxuries that make life bearable.

The word 'if' doesn't enter into Stephen's vocabulary, so certain is he of success. The former soldier turned financial consultant has an income of around £40,000, is buying a £250,000 apartment in Bowden, to share with his equally prosperous girlfriend and has the potential to become very rich indeed. They are classic dinky's.

"I want to become independently wealthy so that I never have to worry about money again", says Stephen.

He and (named) girlfriend have been together for three years now. She has just entered a similar pay bracket to Stephen. They share a home, a joint bank account and careers in the life assurance firm of Porchester, based in Albert square.

Hard work has brought its rewards for this couple. he wears £200 suits, hand made shirts at £50 a time; she recently spent £300 on a dress from Harrods, and both drive BMWs, although Stephen is about to swop for a Mercedes.

They travel everywhere first class, drink only the finest champagne and eat in the best restaurants. Yet 12 months ago (named) girlfriend was a senior careers officer with a local authority. A chance to a change of direction, and a chance to improve income led (named) girlfriend to move to Porchester.

Dealing with life assurance, and pension plans can mean big money. "It is possible to earn very high incomes in this business. The possibilities are limitless, really," admits (named) girlfriend.

Her new-found affluence has not been too difficult for (named) girlfriend. " The first thing I did was to get rid of my Talbot Samba and buy a BMW. I work very long hours say 7:20am, until 8 or 9 at night. I don't see why I should not have the remuneration for it"

Named (girlfriend), aged 30 shares her boyfriend's desire to be financially independent, but Stephen is aiming even higher.

"I intend to be a multi millionaire within five years of my company going public. I am very switched on and determined."

Work totally dominates the life of the ambitious young couple. Socially, (named) girlfriend is the founder member of the Business Women's Luncheon Club, secretary of the Manchester society, of which Stephen is chairman, (named) girlfriend is also a member of the Conservatives High Flyers Club.

Relaxation means a holiday in America or a trip round the Loire Valley, sampling French food and wine. As Stephen said: "I'd like to do that again only in a chauffeur driven Rolls-Royce Phantom V with a group of friends"

Stephen Lundy is not joking".

1997 Article headline:

DON'T TAKE RISKS WITH YOUR FUNDS

"The nagging question all investors have is: "Is my fund manager any good?". This can only be judged once objectives and benchmarks are agreed.

Benchmarking is a relatively new phenomenon to private investors, but is part of best practice among institutional investors.

"Benchmarking provides a risk control mechanism and stops fund managers taking big bets on your behalf", says Stephen Lundy of Berkeley Morgan. "It also provides hard data when measuring the investors returns".

Stephen, the runner up in the Best investment IFA 1997 category in the Money Marketing Financial Services Awards, continues: "Trustees of pension funds and charities, in particular, should insist on benchmarking".

Use of benchmarking techniques can help protect trustees in the event of their judgement or activities being called into question. In a lot of cases, fund managers and asset managers have been used because of their name and the offer to provide 'personalised' investment management. In effect, by saying the portfolio requirements are unique and personalised, fund managers are able to avoid comparison.

To address this problem the Association of Private Client Investment Managers and Stockbrokers has agreed standard benchmarks, which can be used in the majority of cases. However, using this route means having only one fund manager.

"In my view the optimal solutions for Trustees involves a multi-manager approach combined with benchmarking,". says Stephen. "The responsibilities of Trustees are too great to be trusted to one fund manager: they should also separate the two functions of independent financial advice and Fund management.

"The best judge of a fund manager's worth is not usually himself. Even where the client's requirements are allegedly unique, either the majority of the portfolio should be benchmarked, or another control mechanism should be used."

Some may ask why I post an old article praising Lundy?

I'm quite sure back in 1997 with little or no internet he wasn't risking clients money in super risky micro penny stocks.

Now in 2025 with the internet in full swing, for him it's all about the ramp in microcaps with wild exaggeration to promote. If you look at his previous years RRR posts on LSE virtually nothing he thought would happen did happen.

So posting that praising 1997 article is meaningless to how he invests today. So I have no problem posting it. 👍

Somebody pass this on to Stephen. It is an extract from an old online Manchester newspaper from 1997. 👍

I'm absolutely shocked he finished second in an awards. 😮

Somebody ask him if it's him. It can't be our Stephen. 😮

..........

Manchester evening news, Wed 9th April 1997. With headline:

STEPHEN IS SECOND

"Stephen Lundy, regional director of Berkeley Morgan, the independent financial advisors based in the former stock exchange in Norfolk Street, Manchester, was runner up in the investment IFA of the year category in the money marketing awards.

They covered 40,000 IFAs nationally. His firm was second in the corporate IAFA section and third in the protection IFA of the year category"

.......

Helpful talking of drivel yesterday you posted:

"the main point covered was: did the deal cover third party ore processed through the el limon mill or not. they settled and agreed that it did.

when you give an undertaking to a court of arbitration it is done in writing. there should be no doubt whether third party ore is covered or not. Dyor"

.......

Helpful this arbitration happening is all in your wild imagination. 😄 It never happened! 👍 Red Rock only threatened an arbitration but then they discontinued that arbitration request and never went through with it, when they thought they had come to an agreement over any future royalties. 👍

5 April 2017 RNS says:

"On 9 January Red Rock submitted a Request for Arbitration to the International Chamber of Commerce ("ICC") in relation to certain disputes with CML and its parent company

· A full settlement has now been reached and the proceedings at the ICC discontinued "

Aimdogs, you probably recall I was looking through his posts a few months back? Back then I was giving links to his old posts.

So I've looked in my profile and found a link to page 171 of his profile: https://www.lse.co.uk/profiles/helpful/?page=171

The funny thing is, that looking at page 171 he's basically ramping RRR and SOMA like he is today. 😆

There are so far 40 posts on this thread today.

However the reality is that activity at the company Red Rock is pretty dead, non existent at the moment.

All this $420 million talk and royalty payments is just today's ramp attempt by Stephen Lundy/Helpful. 👍

Helpful, your 8:49 post is false because the ICC in Paris arbitration was dropped or discontinued, so there is NO arbitration ruling to enforce. 👍