Tracking

Monday 26 March 2012

Red Rock Resources RRR

After my comments in my Weekly Roundup, RRR issued an RNS this morning for its half year results! It was a bit of a mixed picture which at the end of the day was enough to drop the sp!!! Sales of minerals sold were up and profitable but because the value of its shares in Jupiter Mines had dropped substantially, RRR's profitability was down. They see 2012 and 2013 as good for Jupiter and Red Rock so it is a back burner share now. Good price to top up now and forget about.
TriStar Resources, TSTR, on the other hand were up 12% this morning in anticipation of results being announced this week. Lots of volume traded and new people getting into the share hoping for good news this week. Last week the sp was 0.67, this morning it was 0.86p!! Bring on a super JORC this week!

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