1234 days ago
You may have noticed that Gary Newman is not filing a lot of copy. His wretched and pathetic excuse is that he is on his day job as a fishing journalist and is out in the field, or, to be precise, the seas offshore Kenya. And in case you think anglers always exaggerate when it comes to size here is our man with a sailfish he caught earlier…
2589 days ago
Drowning in debt Avanti Communications (AVN) is 'avin' a giraffe once again with a new announcement of deal with no financials attached which is almost certainly utterly meaningless. Today we head to Kenya.
4100 days ago
Andrew Bell and his Red Rock Resources (LSE:RRR) mining investment company have admirers and detractors. We all do. I met up with him last week to discuss various points about Red Rock. I covered both operational matters and also allegations put to me in email and on posted on Bulletin Boards. To date the company has not responded with its side of the story but Bell has gone on the record in this webcast to deal with the allegations made and the motivation of some of his critics. This is pretty explosive stuff.
As to Red Rock’s shares and are they cheap? It strikes me that Jupiter Mines in Oz is a pretty cheap stock and plausibly Red Rick could soon trade at a discount to the value of its Jupiter shares. If Greenland is sold and Colombia is – as Bell indicates in the interview – cash generative then Red Rock would have trading appeal. I realise there are three IFs in there but I think you can see how a bull case could be made.
On the Agenda
1. Jupiter
2. Colombia
3. Greenland
4. Kenya
5. Allegations made against Red Rock & Bell by Mr Gary Carp and associates.
