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I am a recent holder of RRR due to the DRC Award potential of US$10m before expenses. That has not yet eventuated and I would have had to re-analyse RRR again for obvious reasons.
Let us set the RRR history in perspective:
[1] RRR hit on Jupiter Mines, an investee in that RRR held some 17m shares in Jupiter Mines on ASX.
I dont know what % that will be.
[2] RRR hit on DRC MUSONI but that is now subject to litigation in the DRC and potentially international arbitration. As with all litigation in general, the time take to resolve matters is not short and this is well known.
[3] RRR may have hit on RRR 100% Kilmore & Kilmore West, Victoria, Australia, next door to Southern Cross Gold, ASX, Mkt Cap A$543m. No one knows and it is a fact that UNTIL DRILLED, the jury is out as a caveat well known.
The only thing known is that RRR has bought PoW out of their 49.9% of Kilmore & Kilmore West etc in Oz.
RECORD OF RRR:
In the 18 years since listing in 2005, the above is the RRR record officially from what I know via Align Research of 2018 via their note and First Equity broker note & Clear Capital of more recent times.
So, 3 potential hits of near Tier 1's or asset of potential significance.
SOLG: They started with Solomon Gold in the Solomon Islands. A major pulled out of the JV and the shares went...
Then, they started on Queensland & Ecuador, some Cote d'Ivoire & another African country. In the end, the Australian project was dropped and so were the Cote & African project leaving only Ecuador. Solgold HIT ON CASCABEL a Tier 1 and the discovery meant that Solgold went from a shell to 3 digit million mkt cap. They raised and spent US$300m on exploration, licences etc and the raises /funding were not small obviously and it has now been many yrs and mining has not yet started. All this is normal for all junior explorers and it is stated and well known in that it is not a instant mining sort of thing in 1day etc.
GGP: Same thing, long history, and I only got to know about Ernest Giles and again, the major did not JV although they did look around. Ernest Giles was an Oz project [gold]. Then Paul & Bell went in to restructure at 0.10p and the rest is history when they appointed Gervaise , a fund mgr from Sydney and they stumbled on to HAVIERON. Again, a Tier 1 so some deem it.
Relevance: Banburyboy has said I put RRR in a positive light. IF I am NOT POSITIVE, I WILL SELL , right or wrong? So, let us peer review RRR in that they had 3 hits of discovery, latter of which is NOT YET DONE ie discovery at RRR 100% Kilmore & Kilmore West until drilling is done and provided continued...
So, 3 potential success vs 1 for Solgold [had Provenir but not as sucessful as Cascabel as it is much smaller] and 1 success for GGP. That is fact.
I SEE TO MY LEFT AS I AM TYPING on the posts running. I see "AEX: GOOD RESEARCH, THANK YOU RO..." However, on this forum, there is NO THANK YOU for any research others may not have the time or inc
Contd:
THE LEGENDARY ROBERT FRIEDLAND: IVANHOE [Age 73 per Wikipedia]==25 yrs experience in mining.
"CANADIAN HALL OF FAME." -Official Entry.
3 big hits. Ref: "The big score: Robert Friedland, INCO & VOISEY BAY."-Amazon.
[1] Voisey Bay, Nickel, Tier 1 Nickel in Canada. Voisey Bay was sold. Voisey Bay was picked up and the discovery was only after Hole X, Y , Z and not at Hole 1.
[2] Oyu Tolgoi, Mongolia. [Copper]. Tier 1
[3] KAMOA-KAKULA , DRC [Copper]. Tier 1. Another nearby discovery in DRC.
Colin Bird: AA Mining Engineer. 81 yrs old. CEO of a few AIM co's.
1 Big Hit in Mining: KIWARA plc : Sold the copper deposit "Tier 2" to First Quantum for some US$260m.
Colin 's philosophy: Is to sell as far as I have heard in interviews. Easier said than done - general known fact.
RRR
A.Bell. Age 68.
3] 3 hits in mining: [1] Jupiter Mines, ASX investee.Tier 1. [2] RRR Musoni DRC JV subject to litigation. Tier 1. [3] RRR 100% KILMORE & KILMORE WEST, NEXT DOOR TO SOUTHERN CROSS GOLD, ASX MARKET CAP A$543m. Latter, not yet known until further hydrogen report, geo reports come out and whether IPO< sell, JV etc. See RNS.
SOLGOLD: N.Mather, Age 60.
1 big hit in mining: Cascabel. Porvenior is a small project currently.
GGP: Havieron 30% JV.
Paul Johnson & A.Bell restructured GGP - I think by request by the former CEO, not sure as no one is privy?
Paul Johnson aged 52 all per official open records and data.
Chartered Accountant. Bell: Analyst.
1 Hit thus far at GGP. Paul also was a director of Metal Tiger. Paul made his money with just £12,500 savings and was at one time posting on forums [stock]. From others, I hear he made it thru RRR and recently he tweeted RRR went from 0.25p to 23p in 2 years.
Conclusion: A FAIR AND UNBIASED APPRAISAL OF BELL @RRR WITH 3 HITS VS LEGENDARY ROBERT FRIEDLAND. The mining hits are Tier 1 or near Tier 1. So, one can see what Munger said is true, in life, opportunities comes only a few times. I dont take in the small projects that are not Tier 1's or near Tier 1's as it does not usually command a high mkt cap. News, Sun, 30.6.24. Kindly check.
News thank you for all your research. I once had shares in a Company that took out loans and the minute they defaulted on the terms the loans were called in immediately and assets were sold off cheaply. But they had a charge on the Company assets so could do it legally so to speak. Now AB has had hopefully 3 good hits as you say but throughout that period long term holders have been 99% diluted so have not benefited in any way. You seem to regard highly Helpful but remember he is a mate of AB so be careful what his motives are for being here. Now the Company has obviously running costs so how are we currently financing them? I do not know? I wonder if Helpful or your good self know?
Robins @13:35, Sun, 30 June 2024.
It is always good that people thank others.
I will take your post to be sincere in your tone and I am pleased that you are aware that legally, there needs to be a CHARGE before any asset/s can be seized. There are also what they call 1ST CHARGE and so forth as well as liens. I do take you point and you have taken my point, that at this time, there are NO LEGAL CHARGES @RRR, Companies House UK Gov, Sun, 30 June 2024. Point taken in the spirit you have given it ie goodwill.
Just to let you know that I have already allocated RISK to RRR and as far as I can see, many AIM junior explorers etc have left the AIM. How? They only exists IF they can continue to fund operations and that is the case for ALL AIM co's. So, I am aware of that fact.
So, herein, RRR is not alone. Robins, you said: " You seem to regard HELPFUL HIGHLY but remember he is a mate of AB so be careful what his motives for being here ." YES, I CONFIRM you got that RIGHT ie I do HIGHLY REGARD Helpful. Why? Helpful has never stated in black & white, he has X or Y degree etc but only that he has done Finance and that will also be taken to mean Valuation. In Canada, they are now even more advanced that in Yr 3 or 4, they do Security Valuation but that was not so yonks ago. I have seen what Helpful has posted eg "RETURN TO MEAN." Folks here could sit on RRR until it lost 90% at the very minimum. As I said, if any FUND MGR in one's pension did that, public pensions would have all gone BUST. So, I have seen DEMONSTRABLE SKILLS and technical knowledge to prove Helpful is academically knowledgeable and continues to keep up. So, I dont need to know what degree, where , when & how - tested live, he has passed with flying colours. So, yes, in that regard, I do highly regard Helpful. Let us examine more closely Helpful's relationship with Bell. I believe that Bell, like ALL CEO 's etc do go round all the time to speak to institutions, HNW, Financial Advisors etc to be on a list IF they should do a placing etc. It is also called NETWORKING and even the legendary Friedland 's history states he does network and I believe he also has a Family Office. All norm. As Helpful said, Mr Magic pointed out RRR to Helpful on these forums. If you want to know, I dont need to be wary of Helpful. Why? I evaluate what he says. I am well aware that Faso figures he gave are from RRR presentations, RNS and they are NO DIFFERENT to what Colin Bird or Solgold does ie CONCEPTUAL STUDY /Report and this itself is qualified. Bird has done a conceptual study for Bushranger and my word, it has gone for more than 1 re-iteration so as to bring down costs further. Lawerence did a conceptual study for Mankayan @BZT. Colin too over BZT. So, an everyday occurence. FOR THE AVOIDANCE OF DOUBT: I HAVE STATED CLEARLY, RRR AND MANY OTHER CO'S ON AIM ARE OPTION MONEY. They exist to RAISE FUNDS and on the day, they cannot raise, well, one know how that will end.
As for running cost, do I
Do I know? NO, that is not public info from the RRR RNS etc. So, No, I dont know.
As for Pizzagate, he is new to RRR. I just checked his open profile on this site and today is his 1st post [30 day record & pie chart] on RRR and he comes from GGP. LONDON SOUTH EAST ADMIN TOLD ME, FILTER if one does not like reading. So, to Pizzagate, KINDLY FILTER if you dont mind , Sir.
Banburyboy: He stated about me: " He's been told by many posters on here but he is INCAPABLE of taking note/ CHANGE." [@13:48pm, Sun, 30 June 2024]. Huh? Change? This is only done in a family setting between husband and wife and they say, when 1 tell the other, you need to change is the opening gambit to DIVORCE. Yes, No? That is from general knowledge. I repeat what ADMIN of LSE said when the lady was in charge, she said FILTER. So, please filter.
RESEARCH
I noticed that whilst Helpful and I were conversing yesterday ie Sat, MKT CLOSED, NOT 1 SOUND FROM ANYONE. Why? AH, INTERESTING THINGS BEEN DISCUSSED SO KEEP QUIET AND ABSORB THE INFO/DATA and next day, on BLESSED SUNDAY, out comes the critics. Only Robins is decent enough to thank. One of Sunday Times Richest ranked THANKED ME on GGP for my research on Havieron project. He is a property developer and his name is on a MANCHESTER BUILDING HE BUILT INC ONE IN LONDON AND IS A HOUSEHOLD NAME. His stake in GGP is 6% roughly from GGP TR1 RNS.
BANBURYBOY TO NEWS IE ME: "----NEWS WATCH AND LISTEN AND LEARN FROM ONE IN THE TRADE:)"----------
Learn from you, Sir? I would learn IF you could SHOW A RECORD OF BEING ON A FORUM FROM INCEPTION AND YOU BECAME ONE OF THIS SITE'S TOP POSTER FOR 1 SUCCESS ON ANY 1 STOCK. Success is RANKED as I said. So, in the USA, if one is an analyst, one is RANKED official eg 1/8000 or 1/50,000. Once ranked, they also show how many times correct and how many times wrong via % OF SUCCESS. So, you are asking me to TRUST YOU, A STRANGER, BLIND WHEN YOU SAID YOU WERE RUSTY? AND THAT YOU ARE NOT AN EXPERT IN EVERYTHING? Not being an expert in everything is risky in my opinion. I test Helpful to his limit.
MR BELL: I have a healthy respect for Mr Bell now seeing the TWO RRR TWEETS ON KILMORE and KILMORE WEST on Twitter. One said in 2022 that how much of the "EPIZONAL" does Kilmore /Kilmore West have? See , Mr Bell knows.
The other tweet from RRR also 2022 from recall was that KILMORE HAS BEEN PEGGED AND NOT MUCH MORE FOR OTHERS. Isnt that brilliant.
Yes, Banburyboy, I also tested you just like I test Helpful and unfortunately, now you prevaricate and say you are a TRADER? Oh Wah.
I dont need to spell out my credentials. Hence, my Twitter handle says nothing. I am RC and not given to boasting of which I cannot substantiate.
Why did I post the extensive 4-5 parts of my reply to you, Banburyboy? I can see ahead that IF ANYTHING HAPPEN in whatever way, you post to me is one of LOTS OF ALLEGATIONS about me eg I said this or that. I AM ON THE FORUM TO ANSWER LIVE AND THAT IS MY LE
These trolls are such idiots.
BSc Hons Quantitative Business Analysis. Two fund management qualifications.
I am not AB's mate, it is called business and protecting your investment. Before I did the CLN for Musonoi, I hadn't met him and I meet him less than once a year. I have met Scott, Borelli but not met Quinn though have spoken to him.
The trolls sit here fantasising about stuff and suddenly their fantasies are fact. I typically don't meet people, it is a waste of time. I recently had a Chairman of an AIM company wanting to meet me about funding a £1m CLN: I said no to both. Lucky escape, it would have been a real C up.
So you have people posting here because they invested a couple of grand 10 or 15 years and can't let it go. Some were never investors. Well if you want to define mental illness that would be a good starting point.
DYOR
Contd
is my legal defence or presentation be it for any purpose in case I am blamed. So, I have legally QUALIFIED AND GIVEN CAVEATS to my posts. Sun, 30.6.24.
P.S. Banburyboy, I am an RC and thought a higher level of thinking ie GIVE EVERYONE THE BENEFIT OF THE DOUBT UNTIL PROVEN OTHERWISE & give the right of reply as that is the rule of law. Lastly, I do not take anyone on their word alone but as one estate agent told me or rather taught me: I BELIEVE EVERYONE BUT I CHECK. So, no offence if what you say needs to be checked. That goes for everyone and commonly known. DONT READ -FILTER. Thanks.
So, when you show proof that you are the RICK RULE OF THIS WORLD IN REAL LIFE, maybe, then I may sit up. That goes for everyone.
There you are folks.
Helpful have provided his FULL LEGAL DEFENCE to all the charges posted today on this forum, Sun, 30 June 2024. Yes, I am here to keep an eye on RRR since I am invested.
Helpful, I now note has BSc Hons in Quantitative Business Analysis and 2 fund management qualifications per his post at 14:33, Sun, 30 June 2024. I trend spotted business analysis CORRECTLY but I thought it was part of a Finance qual.
So, even more interesting.
LoL, even Helpful is aware though not qualified in Law as in LLB but still he is aware that the charges and allegations are very serious and IF not answered, then in the future, he cannot say, I meant to answer. Based on his black and white reply ie print, Helpful has set out what is called his LEGAL DEFENCE to the allegations.
So, have I done so. It is called the opening and closing gambit wherein where an allegation/s is made publicly, it must be REPLIED TO IMMEDIATELY as the OPENING LEGAL DEFENCE DOCUMENT be it for the FCA or otherwise eg High Court or on this site.
Hope that clarifies. News, Sun, 30.6.24. Stock market closed.
Typo: Has not have etc.
Now, BELL, CHAIRMAN OF RRR HAS TO ANSWER HIMSELF on what was said. Only trouble is, no one is telling Bell on Twitter what they are posting here on this forum about him. Ya know, it is behind his back. So, kindly go to Twitter and tell Bell directly. He is on Twitter officially on RRR and in his personal capacity.
So, if anyone believes 100% in what they are posting, I SEE NO ONE IS POSTING TO BELL OR RRR what they posted here today, Sun, 30.6.24 ? Why?
The degree is 2.5x a normal degree. It was more detailed, intensive and broader than an MBA. Law was part of it: contract, mistake, negligence, tort, general business law (sole trader v ltd co v plc v GP v LP v LLP). That sort of thing; also up to speed with the law around US and Aus business structures.
Anyway, it doesn't change anything. We are very close but not there yet....
DYOR
Very interesting Helpful. Why? From what you posted, you are aware of all the aspects of law ie tort, contract etc. Ah, also fund management qualifications which I think is Securities Law etc.
There you are folks. Once is it is print, it is to be tested out if anyone here would like to take it further. HELPFUL HAS PROVIDED HIS FULL AND FINAL OPENING LEGAL REPLY. If Helpful or I do NOT REPLY, in black & white , a full and final interim legal presentation, then all legal rights would be LEGALLY LOST and the person alleging would score 100 ie no reply means nothing to say to the allegations which do appear serious.??
The person making these charges will be asked: So what were the replies. None? How can it be none? Original text of reply is needed. That is why, it has to be put to the person in front of them. So, go to Twitter and tell Bell to his face on RRR or his personal Twitter handle, not here on a forum which Bell is not aware what is being said.
News, Sun, 30 June 2024. Yes, my replies are long but they will be development synopsis style as a full and interim legal presentation as norm.
Thanks News and Helfpful for your positive high quality posts and where I have thanked in the past, please consider that as ongoing.
Helpful, I supported your second post and aggreed with all of the first post, except the last sentence. Think you were aiming to point out sustained irrationality of stance - sustained irrationality isn't necessarily a sole determiner of mental illness, a person may be rational enough elsewhere in life. Someone could go into every international football tournament thinking their not typically successful team have a realistic chance of winning but that would only definitely be a problem if there were occasions when their team hadn't qualified.
Hope this evening's match goes well...
"Well if you want to define mental illness that would be a good starting point."
As I said.
On another BB there was was someone ranting and raving several times a day. All invective, all abuse and pretty crude. So asked, how much did you invest and when? It was £3k, like 10 years ago.
Such a waste, he had been at it for the whole of the intervening period. If he had put some effort into something productive, he might have made his £3k back elsewhere.
Anyway, different strokes...
If £3k is so important, you should not being investing at all, let alone in small early stage AIM listed companies.
DYOR
-----------------EVERYONE: ALL THE REGULARS ARE FREE TO SPEAK AND POST TODAY, SUN,30.6.24-------
Why? A lot has been said and 2 have replied inc myself.
Anything comes out of today's postings, then the ENTIRETY OF POSTINGS dated today on this forum, London South East RRR Sun 30.6.24 has to be submitted .
Why? Let's see how the market reacts on Monday, opening bell, Mon 1 July 2024. DYOR. NIA. News, Sun 30 June 2024.
IF NO FURTHER POSTINGS TO SUPPORT THE 1 POSTING, THEN FOREVER HOLD THEIR PEACE as norm.----
As they say, the RIGHT OF REPLY GIVEN under rule of law.
Yeah, I agree with all of that and it may be what you had in mind, might just have been an unpleasant person who was fixating... the other thing to bear in mind: people will occasionally say things tha can't be verified and may even put on an "antic disposition" as a "justification" to attack a company for whatever motive.
I suppose people reading or in conversations could have all sorts back stories - which of of course, may well be a matter of privacy.
To good health...
--------------My View:---------------
Allegations have been made, that appear serious to:
[1] Red Rock Resource's Chairman & co. They have NOT been answered by the co or Chairman given he is not aware of the posting [by 1] on this London South East RRR forum dated Sun, 30 June 2024.
[2] It is also made against Helpful, a poster.
[3] Also I am implicated only as a side issue to which I have provided CLARITY, Avoidance of Doubt and defence in case, it goes further ie to the FCA or the High Court etc [all legal avenues only] or to this site. So, all my posts today refers dated Sun, 30 June 2024. I HAVE PROVIDED MY FULL REPLY under the rule of law and my FULL AND FINAL LEGAL DEFENCE. I note so has Helpful.
Hope that clarifies. News, 30 June 2024. DYOR, NIA.
For clarity:
If this was Hotcopper in Australia, a stock forum, then BEFORE one can PRESS the POST icon, there are warnings especially about posting about the co and the directors of the co or about others. This is also understood on this forum of the London South East as they are standard rules. Why? Post and the general law is applicable also be it stated or un-stated. That is understood even on Twitter or any other social media outlet.
In case folks dont know, this is what Hotcopper of Australia, a stock forum states BEFORE one can press the POST button and this will apply in general and one has to AGREE to the Terms BEFORE posting:
[1] "DEFAMATORY comments about COMPANY DIRECTORS or public figures: You, as well as HOTCOPPER D O N T NEED TO HAVE LEGAL ACTION TAKEN AGAINST THEM, SO CHOSE YOUR WORDS CAREFULLY." Link: https://hotcopper.com.au/help/guidelines/
Ah, yes, on Hotcopper, one lady posted and she was taken to Court in Oz and she said she couldnt pay the $50,000. Another was a very published case in Oz and he had to pay A$250,000. This site or Twitter etc dont need to spell it out as it is general law.
ADVFN OR LONDON SOUTH EAST FORUMS [STOCKS]:
"Financial Conduct Authority:....misleading or false.... This could lead to UNLIMITED FINE
and UP TO 7 YEARS IN PRISON." Before posting any post on ADVFN RRR, it is at the END of every page.
On London South East, one will see , CHAT RULES on the right before one can post: "POST MISLEADING OR FALSE STATEMENTS... AND MAY BE REPORTED TO THE APPROPRIATE AUTHORITIES." If interested, read the full rules and external rules on this as it is quite extensive.
P.S. So, please note that this is all common knowledge, hence why any blame etc, I will POST MY DEFENCE [legal] so that it is on official record what I replied to. That way, anything posted will be seen in its ENTIRETY, not snippets.? Sun, 30 June 2024. News. DYOR, NIA. Stock market closed in the UK on Sats and Suns.
News if you look back a little, AB came on here and said he has someone reading what is said here on his behalf so he will know generally what is being said. I do think he brings a lot on himself because what he communicates is often a bit vague and is open to different interpretations but don't ask me for specific examples. Anyway News if all comes good in Aussie we may be in the money but past experience tells me much can go wrong.
Robins
Since your tone is friendly and you are NOT directly involved in the ...I will provide a reply as a courtesy. I am aware personally that the authorities have knocked on people's doors. How do I know? I used to follow a lot of folks on Twitter from stocks. So, this chap said so. Maybe, folks dont know that in Britain, action does get taken but the public perception is that nothing is done. That is not the case as far as I know. As for me, I am a careful person to state clearly that if anyone buys stock, then be clear that it is NOT just rosy time but in times of recession or downturn, stocks can go down as well as up in good times. Even Peter Lynch, the legendary stock picker says that stocks can go from $11 to 7c. 10% of $11 is $1.10 USD. So, that means that it is not just a 90% loss but almost wipeout that US$11,000 turned into $7!!!
A lot of chat has been going on via this RRR forum. Unfortunately, it was stated that posters are "DISGRUNTLED". Has anyone considered that relating to the funding issue? On HE1, Laura said in a Proactive article that folks are "disgruntled" but they had to raise £8m to do EWT etc which is not cheap. Laura wanted investors to get the placing but the funders said NO period. So, it is good that she explained that the funders will NOT listen and after all the money men wishes rule isnt it? So, with every funding, there is a huge discount these days and even a energy giant had to do a rights issue of 35% discount for £7bn. I will tell you what Kiran said: "The CADENCE BOARD SENDS THEIR BEST WISHES TO ALL PORTFOLIO COMPANIES, HOPING WE CAN ALL CONTINUE TO WEATHER THE RESOURCE STORM & ARRIVE IN CALMER WATERS SOON. I look forward to a year when commodity prices REBOUND and our share price start to REFLECT the FUNDAMENTAL BENEFITS of a DIVERSIFIED portfolio ========AND ITS POTENTIAL." Kiran, CEO, Annual Report, 27.6.24.
Every single RNS from junior explorers tell the same story and their SHARE PRICES HAVE ALSO FALLEN SOME 90% if NOT more. I always wonder why people will spend £3,000 or whatever and will not take the trouble to learn like Rick Rule says , the link of which I provided yesterday. Rick Rule has said before, WE CANT AFFORD TO NOT CONTINUE IN THE GAME which he meant that they cannot wait till losses go into 90% LOSS. Rick Rule explained that it is his job or living and he cant afford time for leisure etc because he has to keep up with the data. So, BLAME is easy but in reality, one should decide that IF one does not have the stomach or $$ to take losses, then it may be better to save one's money and be prudent & safe isnt it? Everyone knows on these sites or on social media , one is playing for "huge stakes" ie get deplatformed as many names have disappeared from old OR get a knock from the FCA of which I cited above and some have got jailed in the USA. WHAT WAS STATED TODAY ON THIS FORUM APPEARS VERY SERIOUS, and something that should not be said given RRR is on the hotlist of chats an
And many people read this RRR forum whether they say so or not. How do I know. One chap told me so. You DID NOT START the convo but what was posted today appears to be VERY SERIOUS. Why? Has something like this HAPPENED BEFORE ON RRR since it listed in 2005? HAS IT ie RRR BEEN DELISTED BEFORE AND HAS IT BEEN TAKEN PRIVATE BEFORE ? WHO ARE THE FEW?
Come Monday, 1 July 2024, the stock market opens and there is NO RETRACTION of the post. Admin at this site is closed today so let's see if the POST IS DELETED?
I intend to keep my perfect record and by training, I am trained to provide a reply and I always can see ahead , hence why my replies are extensive so that no one can say I did NOT CLARIFY or issue GENERAL OR PARTICULAR CAVEATS as norm.
In my view, I am not here for the few % as I follow the RICK RULE STANDARD. Paul Johnson also follows this same type of standard. That said, it is NOT only AUSTRALIA RRR that may be of potential but in reality, ALL THE DUCKS must come in as well. From what I posted, it looks like in the DRC, AVZ's international arbitration in Washington D.C may be coming to a FINAL RULING SOON [soon as in when the Arbitrators have held both sides and done their closing summation so "soon" is qualified]. How is this relevant. It is always relevant as Bell said that DRC comes under the spotlight and for this reason, RRR's litigation is reported by industry publications such as Mining Weekly etc. The industry wants to know if any co wins a litigation case against the DRC etc. So, a win is always positive. As for CLEAR COMMUNICATION, LoL, I have never SEEN CLEAR COMMUNICATION given RNS's are sometimes even reviewed by legal counsel before it can go out. So, without qualifications, caveats, I dont think ANYTHING WILL BE PASSED BY THE NOMAD for any co. So, plain and clear communciation is NOT PART OF THE REALITY OF THE COMMERCIAL WORLD. Yes, NO? As for Bell having someone read what is posted, I was NOT aware of that. From the names, the person acting as reader cant be the nay nays, can it? Just logic isnt it? I checked but cant see any Bell on this site's record? I dont know the name anyway. AS I SAID, THERE CAN BE WONDERFUL CEO'S BUT NO MATTER HOW WONDERFUL, IF THE PROJECT IS NOT A TIER 1, THEN WHAT IS THE USE OF A NON TIER 1 ASSET. IN REAL LIFE, IT IS ABOUT ASSET ISNT IT? I CANT GO TO THE BANK AND SAY I AM A WONDERFUL PERSON SO CAN I BORROW £100K OR £1M TO BUY A HOUSE? BANKS WANT TO SEE COLLATERAL and they are not bothered about anything else. COLLATERAL is ASSET isnt it? Hope that clarifies. News, Sun, 30.6.24.
News from memory the person who said it was named AB or Andrew Bell but I was never sure if it was actually our AB. Perhaps others can remember. Anyway England just scored.
I checked but cant find it. Thanks. robins LoL, think you are better at football.!! I know of a chap who worked in a takeaway. He used to get all the forms when it came to World Cup or European Football. I believe he won some big sums on very little which gave him the opportunity to start his own small takeaway. How did he do it? Well, I was not aware that one can mark the entire sheet almost with little stake like £10, say but ALL MUST COME IN as it is a kind of compounding. All I am aware is relating to stats ie bookies make money knowing statistics ie to get say 20-30 games ALL RIGHT =BIG ODDS. This boy had a good heart and he gave me a ticket for free paying £1 that would pay out £1million. He gave one to his boss as well. That was a real eye opener. I cant be bothered to learn. I do what I know best ie mining ie junior miners etc. As for horses, one poster on this forum said "KYRIOS IS A BANKER" for the Gold Cup @Ascot. Ya see, I am a learner and I decided to look into it further even though the race was over. Kyrios paid POOR ODDS as it was the FAV. I know in general that HORSE TRAINERS OF RENOWN CAN TELL when the horse cames out before the race. I saw Kyrios and noted he was lacklustre and it appeared that his RIGHT FORELEG was somewhat affected. This horse has been injured and has NOT WON SINCE 2022. Oh, come the race, Kyrios WON by not even 1 length LoL so that means either the horse was playing sick as he walked out or he was pushed to win. The other horse Trawlerman came out 2nd again but I felt that this horse DID NOT HAVE THE DRIVE to push himself ? Not sure as I am not an expert in horses. AFTER THE RACE, THEY SHOWED KRYIOS IN 2022 AND KRYIOS IN 2024 IN A SPLIT SCREEN and it was almost a repeat performance. So, I am pleased to learn that had anyone put KYRIOS TO WIN AND TRAWLERMAN EACH WAY doesnt really pay. Why? Capital needs to be more and if an outsider came in, then the to win and each way will BOTH lose. I know for a fact that Done said that in football, folks will beat on England and if England wins, they lose millions so he has TO RE-SELL IN THE MARKET TO HEDGE. So, ya see, I am one to check and hence I find it easy to ANALYSE STOCKS like RRR but not like horses which I think most think stocks may be akin to horse racing.? SO, RRR ETC FOR ME to analyse what I KNOW BEST. So, as they say, always go for stocks that one knows best eg if one worked in supermarkets , then chose supermarkets and not utility etc.
News
The issue here, like many AIM junior mining plays, concerns the 'rolling short' scenario.
What is a rolling short you may ask, it is simple, when a company continually issues new shares entities get wise and place bets on the stock falling via various mechanisms, these entities will use bulletin boards to disrupt and destroy positive sentiment, in the meantime stock, often not owned, is sold forward (usually called naked forward selling) this selling drops the share price, it also may trigger stop losses which further adds downward pressure, a downhill snowball effect occurs.
In RRR's case these entities know that RRR (Bell) will issue stock regardless of price and that allows them to naked short the stock without risk. Anyone who has shorted this stock over the last 24/36 months has made a fortune.
The only way to break this scenario is for the company to do something unexpected, as it stands right now everyone expects Bell to place stock, the likelihood is that 200/300m/400m shares have been naked forward sold as the sellers expect to be able to close via a new issue of stock (the placing)
If Bell does not place stock but finds cash elsewhere and further states that funding via equity will no longer be needed in the medium term then the share price will rocket as the scramble to close these naked short positions will create a very significant bear squeeze.
The 'issue' with RRR (Bell) is the never ending dilution process, has anyone ever considered that the 'major shareholders' might also be shorting the stock, they could loan their shares for a fee and be part of the aforementioned process, who knows, every angle needs to be explored or considered and why not.
Let us see what happens, above all else RRR needs to stop endless dilution and deliver alternative routes of cash generation ASAP.
HawaiiFiveO
Thanks for your post on Sunday. I saw your conversation with Paul Johnson today about this very same topic but no names are named. Yes, I am aware of the "water fall effect." I also CHECKED that your POST WAS NOT DELETED by Admin of London South East despite all the hoo ha. Why? What you said is GENERAL and no one was mention in particular so that does not qualify to be ...x or y.
TODAY, FOR THE 1ST TIME, ONE SAID HE IS A " T R A D ER " If so, does his or her posts lean towards a bear thesis or bull thesis. Well, I dont have to say as it is evident. BUT WHAT IS NEW is that he or she has NEVER STATED, he is a "TRADER".
Cant be a BULL CASE TRADER given RRR is not on an upward trend. So trader as in ? O bvious isnt it ie trader on the downside or upside? Traders have no opportunity to trade in RRR for the upside as there has been NO UPSIDE for some time now.
===At 13:48, Sunday 30 June 2024 the poster stated: "NEWS WATCH LISTEN AND LEARN FROM ONE ===IN THE T R A D E :))".===Ah, so, in the trade? AS IN TRADER? 1st time this has been revealed or IS IT ACCIDENTIALY REVEALED. Over 5 yrs on this forum but the record shows 3yr+