Red Rock Resources Forum

Seingred....you may be onto something..some might think these companies are run as lifestyle companies....when ever anything goes wrong...like promises of 150tpd from Colombia it turns out that was a "mistake".....oh so that's ok then! Or IPCM...or unnamed buyers in Greenland who first get their money stuck in Cyprus and one might anticipate if you ask Natasha now you will find they moved the money from Cyprus to Sebastapol and it's frozen again...perhaps they'll move it to the national bank of North Korea next....or Ashmont in COlombia who were making a bid for the assets and though no bid ever arrived now there are multiple parties interested. Whatever interested means. Who knows, perhaps this will in the fullness of time turn out to be another "mistake"....meanwhile all these loss making vehicles: RRR, RGM, RSL, Nama, Jupiter etc payout month in month out for AB.....then there are issues like Range MInes (who?) - what do folks say

The game...I don't know your or briar bank and certainly would not support anyone on the basis of a bb profile...perhaps you should get a copy of the share register and write to all shareholders

AB is your guy. Most definitely. Whilst shareholder value is destroyed year after year, he enriches himself with salaries, fees and emoluments from RRR and a host of related party, loos-making, assets. AIM stocks are high risk, high reward: In RRRs case the risks sit with pis, the high rewards with AB. Wakey Wakey!

Mogo ..sorry but you are talking tosh. Let's start with ABs CV. Looks impressive on face value, no? So look beyond the face value. How many of those impressive companies were private AB vehicles opened and closed across the 2002-2006 period, never traded, never filed accounts. Not so impressive anymore right? Unless you count 6month stints as a non EXec on a couple of entities that AB appears on and leaves pretty quickly post listing. A bit like being helped build up some post IVA credibility from some mates, perhaps. Then there is the track record of non delivery here. Who were, are IPCM? Coffee time ...wake up!

Mogo...what tosh. ABS CV.? Really

Zumore....THINK! If AB had ANY real news to tell you, do you think he would be shy in so doing? Go back to 2010...look at the Kansai /IPCM debacle look how much paid press coverage was secured for that mythic deal? Then go and read all the RNSs around it....not with the dewy eyed innocence of investors who bought tickets for a tide AB was happy to take them on, but with the critical eyes of a lawyer to see what is and isn't being said. Greenland and Colombia and now Ivory Coast.....all part of the same "big picture today, jam tomorrow and please don't look at the details" shareholder management philosophy at work. Some investors, frankly, have gold fever. You only have to whisper the words "high gold grades"...and they are running with their erections in their hands.....they never ask for data, times, proofs of any sort....and when challenged they just shout back "didn't you hear? High gold grades!" Madness. Investors dream the life, ab lives the dream. Welcome to the game, thank you for playing.

Camcon that a really good question. What did happen to CF?? Anyway one4all makes an interesting point. Anyone who does even the baisc research will find that most of these companies that were allegedly mining companies were opened and closed across 2002-2006 and never filed accounts. You'll also find an interesting situation of various companies acting for the others as their company secretaries - indeed , I believe there were two companies feltat and chenrock i think who were each others secretaries. THen of course there is General Mining Limited used to collect fees from various listed entities and placed into compulsory liquidation by the official receiver. Perhaps Omar, as an accountant, can explain to everyone the circumstances under which the official receiver is moved to take such action?

having a laugh..minesite: No deal has yet been done on any of these, but it may not be long now. Andrew Bell is a consummate deal-maker, and he’s been negotiations on the Greenland assets with another party for several months now, although he won’t be specific about what stage he’s at. “In Greenland we’re still waiting for a transaction which if it succeeds could bring in US$10 million-plus”, ....so greenland has been under discussion for several months, really? check the timings..it is a tad longer than several months...and were shareholders not told of a cash offer? so now there is NO offer, but IF there was, it COULD be worth oodles...so that just leaves IPCM to come to the party and you have a complete rerun of 2010. It is so formulaic ....CAVEAT EMPTOR

Who knows who Dan Sklan is - or what his motives are.....whereas ABs remain consistent....jam tomorrow anyone, focus on the big picture and don't look at the details...

Who the buyer was rather..