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 ????

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 .

chakli

You should change your broker. There is so much going on with RRR punters or brokers cant take it all in, RRR can only go one way as I see it and that is to a 500+m M/Cap 70p 80p sp and more to come in the years after. The M/Cap also affects the sp of RGM who have 23% of RRR. RGMs sp is being held down by DNi selling, this is a great opportunity to pick up these shares at bargain basement prices IMO.

Only 5.25p to buy now...

Back to my AV price not worried here just wish I had more funds.

Good finish, with DNi still selling its a good time to buy.

I think it would be a good idea to buy if one had the funds, saying goes 'live in hope or die of despare'. That could be the saying for a lot of them at the moment but never mind we are still breathing. Just have to sit back and see what happens next.

ORACLE enters final phase of Thar coal mining project

http://pakobserver.net/detailnews.asp?id=43009

Someone is accumulating a lot of stock here over the last few days weeks in 25k lumps I wish I had their funds.

Me too!..still holding what I've got(which isn't a lot!) for the long term

Looks like news tomorrow on RRR IMO will see an increase here.

Oracle Coalfields PLC
(`Oracle Coalfields' or the `Company')

Proposed move to AIM

Oracle Coalfields PLC, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-
eastern desert of Sindh Province, Pakistan, today announces that it intends to apply for the Company's
ordinary shares to be admitted to trading on AIM and expects that that admission will take place early in
the second quarter of 2011.

The ordinary shares of the Company were originally admitted to trading on the PLUS-quoted market in August
2007.

The Directors of Oracle are responsible for the contents of this announcement.

ORCP up 25.8% today looking good for RGM.

Coming back well today would be nice to finish above the 5p at the end.

simple-investments Research_2011/RGM

http://library.rrrplc.com/RGM_web/RGM_Broker_Research/RGM_Broker_Research_2011/RGM_SimpleInvestmentsReport_03.02.2011.pdf

No one posted this?

Regency Mines PLC
Update re Mambare Project
RNS Number : 1441C
Regency Mines PLC
02 March 2011


Update on Mambare project



2 March 2011



Regency Mines, the mining exploration and mineral investment company with interests in nickel and other minerals in Western Australia, Queensland, Papua New Guinea and Pakistan, is pleased to announce that the Joint Venture between Direct Nickel Ltd. ("DNi") and Regency (the "JV"), operating through the JV's Papua New Guinea ("PNG") subsidiary Canopus No 83 Ltd., has entered into a drilling contract for the next phase of exploration at the Mambare-Botue nickel/cobalt project in Papua New Guinea.

A contract has been signed with JCP Geo-Ex Services Inc. of Cebu, Philippines ("JCP"), to drill a minimum of 220 holes on 100m by 100m and 200m by 400m grids, for a total of 4,000m of drilling. The contract is extendable beyond this initial programme.

JCP will mobilise a minimum of 5 man-portable rigs to site, which are expected to arrive in the week commencing 25 April 2011. Holes will be bottomed in 3m of fresh bedrock. JCP estimate provisionally that the initial programme will complete within 65 days.

Meanwhile, surveying and line-cutting have begun, and preparatory work continues on recruitment, and setting up communications, supplies, and infrastructure. Test-pitting is expected to start in March 2011, with a further ground-penetrating radar programme under discussion and planned for April 2011.

The objective of this drilling is to define and upgrade to JORC Resource category parts of the area drilled in the 2008 campaign by infill drilling, and to conduct reconnaissance drilling to establish the potential of the higher plateau to the North.



http://moneyam.uk-wire.com/cgi-bin/articles/201103020700181441C.html

The latest interview with Andrew Bell. Regarding Red Rock Resources: Iron Ore in Greenland,

With RGM holding 20 + % in RRR its looking good for regency.


http://www.miningmaven.com/k2/companies/red-rock-resources/red-rock-resources-iron-ore-in-greenland-louis-vuitton-walmart/

Good news over on RRR this should start moving soon.

Moving up nice now 28% from my last post.

hopefully this will keep up with RRR. even more so as i sold RRR y'day during a portfolio reshuffle and put some of it into this one to top up. i decided that i was o'weight and with the two being related it made sense.[ well to me any way] GLA
Alex