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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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alemil - 28 Jan 2010 16:01 - 43 of 859

Speculative Buy: http://uk-analyst.com/shop/page-article/action-article.show/id-130002810

ravey davy gravy - 28 Jan 2010 16:30 - 44 of 859

It's always going to be very cheap when it remains under the NAV by such
a wide margin, 1 mil seller got fleeced, took Wins about 5 minutes to clear
that stock on for a 10%+ gain but plenty of others will be more than happy
to get more stock around 1.55p including me.

ravey davy gravy - 25 Feb 2010 11:09 - 45 of 859

Now if the new buying stream can continue then they can extinguish the long line of sellers who are predicting that the price will fail again to break 2p resistance, i think there's too much newsflow and simply a NAV way higher than current SP should force the breakout today, waited long enough.

ravey davy gravy - 25 Feb 2010 14:14 - 46 of 859

Not a chance, market makers always win with this stock, they close the online buying shop when they have no stock, sit back and wait for the seller then start
to push it down, convinced it will break 2p next week but now they seem to have
found yet more stock, where is it coming from this time, most buys showing as sales again, well it was 1.83p to buy on a 1.75-1.95p spread but back nearer
the offer price at 1.89p online as bargain hunters return, test your patience out
this stock, must be over 10 times 2p resistance has been tested and failed.

ravey davy gravy - 26 Feb 2010 09:43 - 47 of 859

Looking good this morning, 1.8p bid but real sale prices are 1.9p so some mm's
are short of stock again, one maybe two still have stock and can offer smaller
buys 1.95p next to the 2.05p monitor price so real spread tight and well inside
the 0.25p showing, will it wont it will it wont it, going to test the 2p again and
still feel Monday will be the breaking point on the resumption of trading in Resource
Star, it's stake in Jupiter Mines is still worth more than the whole market cap
of RRR alone, sooner or later it has to re-rate...dyor

ravey davy gravy - 26 Feb 2010 14:46 - 48 of 859

1.8-2.05p

1.95p bid for size, 2.05p offer 25k max, brilliant limits and here's hoping (praying)
it finally breaks out above 2p.

ravey davy gravy - 26 Feb 2010 16:34 - 49 of 859

Closed over 2p mid but needs to hold and break next week.

Buys were flying on Plus, mm's bidding 2.02p at close or mid price, expect a buy
to show, they took on a few million shares at mid price and they dont give away
money so they must have a matching buyer for it all.

Roll on Monday.

ravey davy gravy - 26 Feb 2010 17:12 - 50 of 859

Just incase somebody else actually does read this there was no buy order but
all the buying to match the sales were hidden on plus, they try every trick in
the book with this stock, all the sales show up on normal monitor and the vast
majority of buys hidden on plus including a premium buy sneaked in just before
the close at 2.2p

26/02/2010 16:29:53 2.20 225,691 O 4,965.20
26/02/2010 16:28:14 2.10 75,000 O 1,575.00
26/02/2010 16:27:48 2.10 100,000 O 2,100.00
26/02/2010 16:25:24 2.05 50,000 O 1,025.00
26/02/2010 16:24:35 2.00 51,014 O 1,020.28
26/02/2010 16:24:30 2.05 14,197 O 291.04
26/02/2010 16:20:58 2.05 33,036 O 677.24
26/02/2010 16:20:14 2.05 206,480 O 4,232.84
26/02/2010 16:12:00 2.05 96,367 O 1,975.52
26/02/2010 16:10:41 2.05 144,644 O 2,965.20
26/02/2010 16:10:38 2.05 72,321 O 1,482.58
26/02/2010 16:08:45 2.05 100,000 O 2,050.00
26/02/2010 16:06:55 2.05 25,605 O 524.90
26/02/2010 16:02:35 2.05 678,852 O 13,916.50
26/02/2010 16:01:59 2.05 145,360 O 2,979.88
26/02/2010 15:56:38 2.06 300,000 O 6,180.00
26/02/2010 15:51:24 2.05 23,689 O 485.62
26/02/2010 15:49:34 2.05 25,000 O 512.50
26/02/2010 15:48:43 1.95 40,000 O 780.00
26/02/2010 15:42:19 2.05 16,020 O 328.41
26/02/2010 15:40:20 2.05 28,639 O 587.10
26/02/2010 15:40:05 2.05 100,000 O 2,050.00
26/02/2010 15:31:15 1.95 17,975 O 350.51

Balerboy - 26 Feb 2010 17:28 - 51 of 859

You really should get a life RDG

ravey davy gravy - 26 Feb 2010 18:07 - 52 of 859

Go back to advfn if you want to get personal !

RRR is about to break a massive resistance level and it's worth updating even if
i am talking to myself, my information is always 100% genuine and Monday could
see the price breaking a huge resistance level.

ps....sold 500k PPR at 0.46p that i paid 0.37p...done that a few times..pays
for the beers this weekend :-))

ravey davy gravy - 01 Mar 2010 09:02 - 53 of 859

Sheep traders bailing out the market makers again !

They just cannot wait to get out as soon as a mm turns red.

Asset value well in excess of current price but they still cannot
get out quick enough, i'm not selling any, let the mm's make their
money, they will turn and push it higher again soon and make sellers
pay higher to buy it back.

ravey davy gravy - 02 Mar 2010 07:54 - 54 of 859

Quite incredible yet again that it would seem no mm intends to mark up RRR on the back of it's valuation in Jupiter Mines alone being worth far more than the current price especially after it rose sharply in OZ last night.
If i'm not mistaken i make the Jupiter Stake worth at least 2.4p alone and after
recent news the stock has become extremely liquid too so it's not that they could not sell any of it without hurting the price that much.
Got to be patient, RRR should be trading at double the price, all of it's assets and
stakes in various companied value it at this so it cannot surely stay around these
levels for another 6 months.

martinl2 - 26 May 2010 14:01 - 55 of 859

I have seen some suggestions that this company intends to pay a dividend this year. Can anyone confirm this is correct?

kimoldfield - 26 May 2010 16:55 - 56 of 859

Martin, from RRR's half-yearly report for the six months ended 31 December 2009 on 31 March 2010:-

"The disclosed interim pretax profit of 3,223,698 (2008 interim loss of 1,958,017) was sufficient to eliminate the accumulated deficit and, provided there are no significant setbacks between now and the 30 June financial year end, should allow the Company to declare its first dividend in 2010."

martinl2 - 27 May 2010 11:55 - 57 of 859

Thanks. Any idea how much it will be?

kimoldfield - 27 May 2010 13:27 - 58 of 859

No, but I would be surprised if it is not sub 1p.

martinl2 - 17 Jun 2010 13:40 - 59 of 859

Even 0.1p (~$1m distributed) would be very nice.

Any idea when this dividend might be paid out?

skyhigh - 23 Jul 2010 16:30 - 60 of 859

I'm on board @ .0222p as of a few mins ago...bid has just ticked up! onwards and upwards !

martinl2 - 17 Aug 2010 13:05 - 61 of 859

Quiet on here. Plenty of newsflow expected soon, I think?

martinl2 - 20 Aug 2010 11:03 - 62 of 859

Yep :)
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