could this be the next one to go like white nile speculaors talking about 20p i'm in @ 4p RAB capital have 30% so following thier lead any opinions ????

Looks like AB has sold a few for a bit of pocket money, I see no problem here an excellent share that I will add to when funds become available.

Wheres everyone gone?

Red Rock Resources
Announcement re Jupiter Mines
RNS Number : 7146Z
Red Rock Resources plc
19 January 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201101190750097146Z.html

I am still here but frightened of saying anything because when I get excited about a share going up it ends up doing the opposite but nevertheless very good eh! May long it continue.

HOLD THESE ones i got them @1.54 saw them considerable higher .for me its long term hold.

Arn't you the llucky one I paid 7.90 so nowhere near yet but as the saying goes - patenience is a virtue. Shame I wasn't born with any!!!!!!!

3M

Long term this is a multi bagger from here so sit back and watch it grow.

I shall try my best, no choice as I cannot afford to loose anymore money, I know everything we do is a gamble but I must admit I think you are all right on this one. Thank you.

3 monkies , look for shares where the fd ( finance director buys big amount) and hold those you have less chances of losing ,even if u paid a higher % than the fd you will gain long term .recent fd buys eg . clf cluff mining .xel was one which did well the dirctors had bought some .ceo and chirman buys also are good indicators however they have a lot of money to gamble .fd in comparison have less ,when its a sell look at the mount sold and what they hold so sell is not a good indicator but big amount of buys are .wish u all the best

Many thanks chakli, you would not believe the bad luck I have had so will take your advice and hope 2011 is better that the past 3 years. Would like to be able to live again!!!!! Everything I seem to buy goes down and vice versa. Been absolutely awful.
Good luck to you to.

defo lt hold here - i am sure this will multi bag from this sp - already has in fact - great little share - need to take a butchers at ggp now

kerrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnggggggggggggggggg

DNi are not listed. If you go to the RGM board someone posted a interview with the ceo of DNi. He said that he expected DNI to be the largest Nickel company in the world...company is only worth $75m (based on RGMs investment of $6m for 7.5% share). Basically, they have revolutionised the process of extracting nickel from clay. Apparently there is 120 years worth of nickel trapped in clay. The cost to set up a plant to extract nickel from clay is approx $2bn plus the process is very costly and time consuming. DNi have developed a process that significantly reduces the costs as the chemicals used are 97% recyclable. They believe they will be the largest nickel company in the world because they will not allow anyone to use their process without a share of the resource, hence have a share of all nickel resources in the the world (that is trapped in clay). RGM invested because in return DNi have been given 50% ownership in RGMs resource of 5mt of nickel which is trapped in clay in papau New Guinea. 5mt is far too much for an aim listed company to manage so they are also looking for a chinese investor which I am sure will lead to a chinese market in the future.

GGP is also a long term option. Basically Andrew Bell is chairman of RRR, RGM and GGP. So GGP will probably move north late 2011 or thereafter.

RGM also own a %age of oracle coal which is based in ****stan (i forgot about this) which is about 300mt coal with a guaranteed market.

Andrew Bell will provide his knowledge to assist in listing DNI and Oracle thereby vastly increasing their value.

Both are listing before august - DNI probably June. DNi is expected to be worth $500 - 750m when it lists in 6 months time therefore RGMs SP should more than double immediately without counting all other investments

target - should go up 60% to double within 4-6 weeks apparently

Oh Good Stuff. Nice reading. Thanks.

gibby

Good post and I agree that RGM is very undervalued and looking very cheap at this price just one point. Andrew R. Bell is Non Executive Chairman. Callum Newton Baxter is the Executive Director & Chief Executive to GGP. GGP is a long term play and I will be looking to get back on board in the future.

ditto that driver - i like ggp also - dont forget orcp (oracle) should be moving from plus to aim listing by june - process has started already and aim somewhere between march & june this year - have a good evening

A snall dilution but RGM now have 7.31% of DNi with the massive potential of DNi this is a good move IMO. When DNi floats this year at a possible 200m+ M/Cap RGM will have 7.3% of that thank you very much.

Well that was a good day to buy if only I had the funds could remortgage I suppose.

Oh dear, wish I had bought in at todays prices - unfortunately I too would have to remortgage to even think of getting anything else at the moment haha!! Hope we laugh at this in the not too distant future.

it is a very good buy in price - like you guys i need to wait a few days to top up by which time sp probably up again!! such good prospects here - and in the not too distant - gla

These are at a bargain basement price I wouldnt mind if they held here for a while till I get some funds together its all been said DNi Oracle RRR just need to wait now for the big bang.

Good post from the other side Re Oracle

Ive got a lot of time for Andrew Bell, and the investors who follow him speaks volumes for what hes achieved with Red Rock and with Regency.

Im absolutely delighted with Andrew Bells involvement with Oracle through Regency, and I think, more importantly, it indicates where Oracle is headed.

Initially, in November, Regency invested 1,017,500 for 18,500,000 shares at 5.5p. On 2 December it was announced that Regency had increased its holding in Oracle by a further 2,250,000 shares to a total of 20,750,000, being 11.26% of the issued share capital.

It would appear from Regencys final results statement of 30 December that it has further increased its holding in Oracle to closer to 12%.

Following further purchases, Regency now holds approximately 12 per cent. of the enlarged issued share capital of Oracle.

12% is equivalent to 22,105,320 shares. So, at todays mid-price of 10.625p, Regencys holding is worth around 2.35 million.

Regency itself has a market cap of 34 million, so its holding in Oracle is worth only 0.4p per share, representing around 6.77% of Regencys value today.

Therefore, to Regency, the value of its investment in Oracle today is not overly significant, and through averaging up through on market purchases, Regency will not yet have even doubled its money.

It was only today that someone asked me dont you think that Regency shares should mirror Oracles, but you can see that at present, Oracle remains a relatively minor piece of the overall Regency valuation.

But, the point to really bear in mind here is, why would Regency invest in Oracle, and buy shares on market, in a PLUS company, only to double its money? The answer is clearly that Regency sees shares in Oracle moving significantly higher, and Andrew Bell is already on record as stating that he can see the shares moving to trade at 50p within months of the AIM listing.

A 50p share price really starts to make Oracle a significant part of Regencys valuation, as that would represent almost one-third of Regencys market cap today, and add real value to Regency, as opposed to the negligible value added thus far.

So, in summation, to date Oracle has been the real winner from this relationship. But this relationship has only come about through the potential that Andrew Bell sees in Oracle making a fundamental contribution to Regencys valuation.

I for one am delighted that Regency is actively working to create value from its investment in Oracle through taking out any loose stock in the market, and show its confidence through such additional purchases.

Finally, a further investment into Oracle as part of the AIM fundraising from Regency will be a good kick-start to the book building exercise.

I know how excited and hands on Andrew Bell is with Oracle as he telephoned Shahrukh when we had lunch together recently. So its great to see this relationship blossoming and both Regency and Oracle working to create significant value for both sets of shareholders over the coming months.

Mr K

SOLD RGM -BROKER ADVICE DUE TO TRADING UPDATE ON RRR .ANYWAY OUT OF THESE FOR A WHILE .