Red Rock Resources issued a good RNS this morning on its Migori gold project. They have a JORC compliant gold resource of 577000 oz gold which equates roughly to £690M. Yippee I thought o,ly to find that the sp had gone down!!!! How is that possible? It does make you wonder what is going on in the world when you get a great RNS and the sp drops!!
Showing posts with label kenya. Show all posts
Showing posts with label kenya. Show all posts
Thursday, 15 December 2011
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!
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