Tracking

Showing posts with label Columbia. Show all posts
Showing posts with label Columbia. Show all posts

Wednesday, 11 April 2012

Red Rock Resources RRR

Red Rock Resources issued another RNS today and this time it was GOOD! It was the results of drilling in the Migori project in Kenya and showed some holes with more than 1g/t of gold! It had a beneficial effect on the sp to start with so let's hope it continues and with an update from Columbia due, it could be time for RRR to start climbing. The only fly in the ointment is the market situation over the Euro and USA!
Tristar Resources is still building slowly in anticipation of the JORC on Goynuk. However, it is very frustrating waiting for it to arrive!

Wednesday, 12 October 2011

Big news today!!!

I was pleased to see 2 RNS this morning, 1 from PTCM and the other from Red Rock.
Porta Comms have come out of suspension and started trading again and they are consolidating their shares 100:1 and that is likely to take place on the 8th November! So I currently have 1.6M shares and after consolidation I will have 16k shares. It doesn't make any difference to the value I hold but does make it more attractive to Institutional Investors to invest in the company. They are also raising more money to continue building the company.

Red Rock Resources also issued an update for their Columbian gold mine at El Limon. In the last quarter they made big strides in raising output , quality and sales of gold. So well done RRR.

Also I bought some more Berkeley Mineral Resources shares BMR, as there is a likelihood that they may get some news about the licence for their mine in Zambia. Time will tell but I made a loss when I sold out of them and have now bought more shares for less money so if they were to get back to my original buy in price I would be making lots of money!!!

Friday, 8 July 2011

Red Rock Resources

I received 2 RNS for Red Rock, one last night and one this morning. The first was about Columbia and Greenland where last month they sold about $400000 of gold in Columbia and how they are getting on exploring for iron ore in Greenland. This morning's was about the Migori mine in Kenya and how their drilling and surveying of the site is progressing. I feel that this company is getting things together and shortly will have improved sufficiently for the sp to be in double figures. They give regular feedback so even if the progress is not fantastic, at least you know what is happening. Keep it up Andrew Bell!