Frontera Resources FRR

I sold out of Frontera Resources at a loss today as they appear to be sinking fast! When I bought them they appeared to be a good buy with a refinancing package and gas production underway BUT They have got worse and worse.
With the money from FRR I bought more BMR shares and if they reach my target sell price of 8.95p then I will recoup my losses on FRR! BMR have been up nearly 14% today and the likelihood is that they will rise more in the near future with more RNS being issued.
Tristar Resources have also been doing well today and we just need a RNS to send them upwards above 1p!
I seem to be changing my trading philosophy of late and rather than having a share in every sector I am putting more money into fewer sectors. If it works the rewards are greater but so are the risks! Time will tell but it is part of my learning about share trading. 

Berkeley Mineral Resources PLC

Great RNS this morning from Berkeley Mineral Resources PLC which values the tailings at Kabwe at $1.4Billion!! So definitely a good RNS and yet the sp hardly moved!! It is likely that there may be some more RNS in due course but the level of trading is still too small to trigger any holdings RNS, very strange!
Tristar Resources sp started moving this morning and was up to 0.9p and it can't be too long before an RNS arrives. On no news it is up 5% and it is possible that it could be over the 1p mark very soon. Makes my decision to sell a few and buy some EDL shares on Friday look a little silly! 

Weekly Roundup

Ok, I am still waiting for Tristar Resources and Berkeley Mineral Resources to do something. I got a bit bored on Friday and sold some TSTR shares for a small profit and then bought some Edenville Energy shares! I may live to regret that but it is frustrating waiting. Considering I lost money on EDL recently, I was pleased to buy back at a lower price than I sold so it is possible to recoup some of my losses.
So the view is that this week TSTR will issue a JORC! If it does then I will have made a mistake because it is likely that the sp will be around 1.5p! However, if EDL goes up on Monday I will sell and buy back into TSTR!
BMR continues to promise lots and deliver nothing! Unless they get a grip and start selling something I don't see any likelihood of the sp rising.
There was a little bit of movement on Redrock and Frontera Resources this week but a long way to go before I am in profit.
Victoria Oil and Gas is still meandering on and if I can sell any of my shares at profit then I am going to put the money into VOG and GNC for the summer!
ALR have their AGM soon but I amm not expecting anything to happen with them for a while. Also there seems to be more concern over the Euro and American jobs so all in all, things are not looking ever so bright!

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!

Red Rock Resources (RRR)

Red Rock Resources issued an RNS this morning. This seems to me to be a way of raising cash for ongoing Red Rock developments. They will get about $3.8M plus shares in Anglo Pacific Group and this should ease the cash flow for a while.
The markets are down today after the Easter holidays and the poor American job figures. Still no news on Tristar Resources and the company is not noted for keeping its shareholders informed!!
The view is that there may be some news on Berkeley Mineral Resources this week but I think that it is more likely to be next week.
With the way things are going it could be a slow old week this week!!
This year I am going to try to remain more liquid during the summer. The old adage "Sell in May and stay away" is something I wished I had followed last year. So this year I would like to sell what is possible to sell and stay liquid to see what opportunities present themselves! May be stupid but may pay benefits so worth a try!

Berkeley Mineral Resources PLC BMR

At last, we have a meaningful RNS from Berkeley Mineral Resources PLC!!!!
BMR how owns the Kabwe site and has the Large Scale Mining Licence! In addition it is the only the only lead and zinc mine in Zambia it is in a favourable position! Now, I wonder, what will be the effect on the sp!
Also, today, Victoria Oil and Gas (VOG) issued an RNS saying that they had issued some shares as payment for staff and suppliers. They are doing that to progress their position in Cameroon and as I have said before, hopefully the gas pipeline will be complete by end of June!

SP holding firm today but there is a strong possibility that they will issue an RNS tomorrow or Wednesday. There is every likelihood that they have the JORC info from Behre Dolbear and are preparing the RNS for release!

Berkeley Mineral Resources are ticking over and blue today and it is possible that they may issue an RNS by the 20th April. Then again they may not!!!