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 ????

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

Regency are presenting in London on Thursday March 24th.

Attendance is free, please see the invitation below, email to register is aiminvestor@hotmail.com.

---

You are warmly invited to attend our latest evening mining presentation evening, to be held at The Counting House, 50, Cornhill, EC3V 3PD.


We are teaming again up with Miningmaven in presenting a great double bill featuring Regency Mines (LON:RGM) and Stornoway Diamond Corporation (TSX:SWY) with guest expert speaker John Butler from Amphora Capital completing the line-up.

The proceedings start at 18.15 for 18.30

The evening commences with a brief introduction, then a presentation from our guest speaker, followed by the sponsoring companies.

There will then be time for questions, then a hot dinner (traditional pub fair) is served around 8.00pm. There is ample time for networking over dinner, and afterwards at the bar. The meetings officially wrap up around 9.30pm - though often go on for longer!

Advance registration is essential as we anticipate another full house for this event.


Free registration can be made by email to aiminvestor@hotmail.com

Minesite.com

March 10, 2011

Oracle Coalfields Will List On Aim Within A Matter Of Weeks
By Alastair Ford



So its official. Oracle Coalfields will at last move to Aim. One way or another, the moves been on the cards since the company first listed on the more junior PLUS market back in 2007. But as anyone whos been in the equity markets in the intervening period knows only too well, its been an up and down sort of a time since then, what with the credit crunch, the total collapse in commodities prices, and their spectacular recovery. An up and down sort of a time for Pakistan, too, where Oracles 1.4 billion tonnes of coal is located. Theres been earthquakes, terrorism, and flooding, not to mention the corruption in the national cricket team, which only dealt another blow to national morale. But the country has also been suffering a much less widely-reported, but deep-rooted problem: a chronic shortage of power, such that most of the countrys residents only get supplies for a couple of hours a day, if at all.

This is a serious concern for the government, which knows that its legitimacy in the eyes of a population perennially being presented with more fundamentalist alternatives rests on its ability to deliver a decent standard of living for the people. At this point, up steps Oracle, if not with the solution, at least with part of the solution. The company has a memorandum of understanding with Karachi Electricity Supply Company (KESC), one of Pakistans major suppliers, to consult on the development of a symbiotic mine and power station in the neighbourhood of Oracles Thar licence, approximately 380 kilometres to the east of Karachi. The idea is for KESC to build a 300 MW plant that will be scalable up to 1,100 MW in due course, fed by lignite from Thar.

The government likes that idea in principle, and will do plenty to facilitate the development of such a project, if it can. But as Oracles chief executive Sharukh Khan explains, it doesnt all hinge on that. We had to ask ourselves, are we an energy company, or are we a mining company? he says. And although in the early years of Oracles existence there was some blurring round the edges, the answer couldnt be clearer now. We are a mining company, says Sharukh emphatically. And in that context its interesting to note that while KESC is tied to Oracle via an exclusivity agreement, and is prohibited from developing plans for a power station in the Thar vicinity with anyone else, Oracle is not tied in a similar way.

Thats an important distinction for Londons investment community, who will shortly be presented with the opportunity to buy Aim-traded, as opposed to PLUS-traded Oracle. Oracle already has the prospect of short-term cashflow from a deal it struck with local cement company Lucky Cement back in January 2010. But it can also get mining in a serious way in the knowledge that if KESC cant keep pace, itll be able to sell its coal elsewhere.

More will be known when the results of the ongoing feasibility study into Thar are released in June. That study uses some well known consulting names, including Wardell Armstrong and SRK, and will incorporate new drilling on Thar. Once the details are in, it will be combined with parallel studies that are being produced by KESC, and the two will then move towards the production of a bankable document.

At that point the companys Aim listing should come into its own. The idea of the Aim listing is to raise our profile and present ourselves to a different investor audience, says Shahrukh. So far, Oracle has been well supported by some prominent names at the more entrepreneurial end of the market, including Andrew Bell of Regency Mines and Red Rock, and Bruce Rowan, who has cast his net widely in the resources space for many years. But the key thing, according to Shahrukh is that once were on Aim we can build a platform, to look for larger funds. The construction of a mine at Thar will require a certain level of institutional support, although precisely what form that will take isnt yet clear. Sharukh talks of a debt-equity split, but also mentions the possibility of partnerships with local or regional businesses. There might be interest in the Middle East, he intimates, although obviously its early days, yet.

In the meantime, investors will have to wait just a little bit longer for the precise details of the listing to come through. It wont be a massive raise at this stage, says Sharukh, although the company will top up its working capital when it lists, so it wont be a pure introduction either. As to the precise date, thats also under wraps, partly because the documentation is still in the works, and partly to keep the PLUS say-traders at bay. Itll be the early part of the second quarter is all Shahrukh will commit to. But if you think about it, thats only a few weeks away. Watch this space.