SRT 0.00% 17.5¢ strata investment holdings plc

dont be fooled, page-9

  1. 7,761 Posts.
    Classic accumulation technique.

    This is from 'verdi' on another site..

    just having a bit of a look at these -

    red rock resources (rrr:l) owns 15% of rsl (see notice a few weeks ago). rrr has a current mc of 10 mil pound. duel listed on the aim and germany

    rrr are currently at 3.13p. may gap up on open.

    regency mines (rgm:aim, frankfurt rm4) owns 61% of rrr. was tied in with thor. has tenements in png, qld, wa (gold and nickel)

    regency and red rock have common directors namely

    andrew bell - regency, greatland gold, ormando as well as rsl

    ken watson - kenroc mining, co founder of golden mile at the mt pleasant mine, regency, redstone metals

    john watkins - regency

    robert weicker - chief geo of williams mine in canada (huge)

    michael nott

    they have tenements in

    malawi - uranium. a report from late 06 said that they were going to switch their attention from this to concentrate on the mg project

    zambia - manganese with grades up to 46% at 2 mil tonnes
    production this year? (not sure)
    there is a hydro and a railway nearby

    this is a jv with jupiter mines

    wa - gold near telfer at around 591ppb. no drilling yet
    - iron ore (up to 67%)

    tas - gold

    sunvest (svs only 17 mil fpo's on issue but illiquid) owns 5% of rrr

    now the question is ----

    why would red rock buy 15%??

    most of the directors of rrr have extensive experience in africa and australia

    and i also wonder if there is a name change coming

    the top 20 hold 58%




    Cheers,
    Tangrams

 
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