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Red Rock Resources (RRR)     

moneyman - 30 Apr 2007 23:13

Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.

Chart.aspx?Provider=EODIntra&Code=RRR&Si



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martinl2 - 11 May 2011 16:21 - 408 of 859

What don't you believe Balerboy? Maybe you'd like to read the last RNS?

Balerboy - 11 May 2011 16:29 - 409 of 859

you promised 10p+ last rns......

HARRYCAT - 11 May 2011 16:30 - 410 of 859

Looks like a 'buy' at 6p?

martinl2 - 11 May 2011 16:40 - 411 of 859

I never promised anything balerboy and I'm in no position to!

martinl2 - 11 May 2011 19:06 - 412 of 859

I see from your profile you describe yourself as "a complete and utter novice at share dealing". Well let me give you some advice from my 10+years of dealing in the stockmarket:
Never take direction from other people's opinions, always form your own solid opinion by doing your own research into the company. It also appears you're trying to short-term trade. The truth is only a fraction of people who do this are any good at it, its a lot harder than it looks. You would do a lot better doing research into companies and if you feel they are worth investing in, buy and hold until either the facts change or you feel it has reached its fair value.

Balerboy - 11 May 2011 21:48 - 413 of 859

It was entirely my decision to top up with a few as i have learnt over the last 4-5 yrs that most on here have an agenda for themselves. Am having fun and also making money but maybe not in large quantities. 50% of my holding are long term and play with the rest. Not such a novice now as I was.....maybe I should change my profile a bit. lol Thanks for your input anyway, does share dealing and banter have to be boringly dull.......I hope not. BB

Balerboy - 16 May 2011 08:39 - 414 of 859

oooohh i've had a little rise on this one this morning, 15%.,.

gibby - 16 May 2011 09:20 - 415 of 859

well done bb - hope you banked some!

Update: Red Rock Resources and Futura Medical
15

05

2011
Red Rock Resources (RRR) 7.2p

Things at last seem to be moving in the right direction at RRR (even if price isntyet) with a nice after hours RNS on Friday announcing definite figures from El Limon, alongside figures for actual gold sold to market:

Production of gold ore at the El Limon mine in Colombia has continued the upward trend shown in the Companys announcement of 9 May 2011 and ran at a level of 40.2 tons per day in the first ten days of May, with production in the current week of over 50 tpd. Throughput into the processing plant also continued to increase, running at 47.4 tpd grading 6.47 g/t in the first week of May and 50.7 tpd grading 9.37 g/t in the first three days of the current week.

707.33 grams of gold and 581 grams of silver were sold in the first week of May.

In money terms this equates to:
707g gold = approx 23 ounces = roughly 21k (with the silver being worth less than 500)

RRR get 51% of this (51% ownership of MFP) so on an annualised basis we would be looking at a little over 500k per annum. BUT these figures are for gold sold during the first week of May. We also now know that production rate was increased in the first week of May, and again in the second week of May. And we have the highly experience Sr Alvarado arriving in a matter of days now to further enhance productivity so it would seem that finally, were getting there.

As mentioned in the conference call, the tailings results from Kenya have been late arriving but have been trickling in over the course of last week so there is a good chance we should be getting these results at some point during this week. So all things being well, this should be a much more positive week for Red Rock as those factors which have been weighing on the share price are gradually being eliminated.

gibby - 16 May 2011 09:24 - 416 of 859

and bb....

kerrrrrrrrrrchinnnnnnnnnnnngggggggggggggggggg

i would not wanna be outta rrr right now!!

driver - 16 May 2011 09:26 - 417 of 859

Nice bit of news for a change.

gibby - 18 May 2011 20:59 - 418 of 859

red here today - not unexpected - roll on july / august - next month one would expect a gradual northerly rise through out - eom anywhere between 15 to low 20s depending on sentiment

HARRYCAT - 24 May 2011 11:18 - 419 of 859

StockMarketWire.com
Red Rock Resources, the gold mining and exploration company with projects in Kenya, and Colombia, and interests in steel feed, uranium, and rare earths reports on developments is going ahead with a joint venture to explore in Thule, Greenland.

Its partner is North Atlantic Mining Associates. The area covered by the concessions, and additional areas now applied for by the joint venture, constitute a major and undrilled iron ore province, though one with limited mapping and structural information, and therefore uncertain economic significance.

In Colombia the company says it has completed an initial review of the mine and plant and expects progress towards targeted levels of output.

Final metallurgical results from the Macalder tailings at Migori, Kenya, have been received and are being analysed. Drilling continues at Migori West and Migori East licenses.

martinl2 - 24 May 2011 13:53 - 420 of 859

Update reads well for me (although would have liked Kenya tailings update by now). Any reason for the drop?

gibby - 25 May 2011 21:32 - 421 of 859

in reality no actual material change here - just a bit of a wait - hence impatient heading for exit door for now / they'll be back nearer news

watching closely for bottom here as finger on trigger ready to buy me some more - dont want to top up again too early!! yeeeeeeeeeeehaaaaaaaaaaaaaaaa!

martinl2 - 26 May 2011 13:53 - 422 of 859

Kenya news (tailings and drill/sample/assay results due) could come at any time though. Dangerous game being out at this level, it could spike up on good news, as all the shorters scramble to close their positions and all the ex-holders scramble to buy back in!

gibby - 26 May 2011 15:00 - 423 of 859

yep not out - seeking to add as did earlier - kerrrchinngggggggggg

gl

driver - 26 May 2011 16:12 - 424 of 859

Also still in, cheap as chips as with RGM

gibby - 26 May 2011 21:15 - 425 of 859

agreed - well done and gl

not forgetting ggp!

martinl2 - 27 May 2011 11:44 - 427 of 859

Looks like next week for the tailings / sample results then?
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