Connemara Share Discussion Threads

[the diddymen] 04/11/2013 18:20

HH, they put the 'Learner' in the other one; CLON!

[heatherh1970] 04/11/2013 11:07

on a very instinctive level, I would want to shy away from a company with the ticker symbol "CON".

It would appear I'm not the only one.

[the diddymen] 07/10/2013 17:14

Caveat

I would suggest that Sallad is a symptom of the problem, not the problem.

That said the problem is one that could be glossed over by a decent rise in the price of Zn.

TD

[caveat_emptor] 07/10/2013 11:16

You will always be the conspiracy theorist.....
It galls you to think there is an honest person alive
in the world other than you.
You are an embittered old weed, and I am jolly lucky that
Xstrata picked the Minco team to prove up the PG discovery
and sent them and their shareholders away with £20m for their
efforts which is now being ploughed into a multi mine prospect
on two continents with enormous possibilities for all shareholders,
including you, if you still have any!!!

If I were Xstrata I would employ anyone I could who knew the Kilkenny discovery as well as the people at Minco, and they being the ones would on our
behalf made the decision to get us out with the 20m rather than embroil
us in the costs of s project we could never have afforded to keep up with.

Grow Up!!!

[hvs] 07/10/2013 08:20

CAPITULATION COMING

[sallad3] 02/10/2013 20:06

Then listen to the recording and work out for yourself what JT is upto. Its not rocket science.

[sallad3] 02/10/2013 20:05

Caveat

"BRG is an integrated supplier of geological services from reconnaissance mapping, geophysical surveying, design and implementation of mineral exploration programmes for base and precious metals, including major drilling campaigns. BRG is currently managing a +$15M annual exploration programme for XSTRATA at the Pallas Green zinc-lead project in Ireland."

Now look at who is a director of CON and the ongoing connections.

[sallad3] 27/9/2013 17:13

caveat

you do talk a load of drivel and falsities... just like your posts today re Minco not JV'ing the Pennines if there is a viable mine.

Care to comment on JT's problem shown in the CLON RNS today?

For anyone else, the MIO thread shows knowledgeable folk saying that Xstrata running 20 rigs and a budget of $15m at PG.

[caveat_emptor] 26/9/2013 13:24

Meanwhile everything referred to is now in the wife's name!!!!

[sallad3] 23/9/2013 10:19

curry

ask JT to give you the link to the recording and you will hear exactly what he said.

the legal transcript will soon be available as well.

[currypasty] 23/9/2013 10:03

salad, your quote "JT does not want the share price any higher under any circumstances whilst Trampus is a shareholder"

Do you think it is down to JT to hold the shareprice at this level, and if so, what is the point of continuing to keep your shareholding if there is no possibility of a profit ?

[sallad3] 23/9/2013 09:58

lippi

so you admit there is nothing yet to be paid....so I repeat where are the amounts claimed shown on the accounts?

NB Teeling said at the AGM that CON hadn't paid its lawyers so the amount should be in creditors.

[marcello lippi] 23/9/2013 09:17

sallad3

so the costs are being 'taxed', big deal, stop making it sound so grandiose

[sallad3] 22/9/2013 10:36

lippi

try opening your eyes instead of spouting drivel and read the court order and then the link below.

hxxp://www.courts.ie/rules.nsf/8652fb610b0b37a980256db700399507/a55af2a6669ec72180256d2b0046b408?OpenDocument

[marcello lippi] 21/9/2013 21:34

Thought Court awarded costs - where does 'independently assessed offer' come into it - pay up and move on

At least they prepared accounts, seems to be a concept you don't believe in with Trampus & Beechbrook

[soul limbo] 21/9/2013 12:58

Cantillon: Golden lining at Connemara MiningTeeling says 'great recession is ending'

Sat, Sep 21, 2013

John Teeling has never been known for understating his position but even allowing for that, his comments on the publication of the interim results of Connemara Mining were on the outer edge of the irrationally exuberant.

"The great recession is ending," he told shareholders of Connemara Mining. "Stock exchange indices are at all time highs.

It is only a matter of time before interest returns to the bombed out junior resources sector. When it does, early investors will look very good."

As a marketing pitch, it may have plenty going for it but as an accurate indicator of the fortunes of prospective investors, it is altogether less helpful.

The "great recession" may indeed be ending but, as a growth rate of 0.4 per cent in the last quarter indicates, the economy is still a long way from normal, with little indication that things are going to improve rapidly. Indeed, the domestic economy remains mired in recession which will do little to encourage local investors.

Even then, the Irish exploration sector is renowned more for the investor euros that have been lost down the years, rather than for a history of successfully turning initial exploration into commercial projects.

Connemara, which has been around since 2006, is focused on exploring for zinc and gold in Ireland. And yes, before you remind us, we know there is no active commercial gold mine in the State for all the optimism for Dr Teeling and their team about the encouraging data from the Wicklow/Wexford area where it has five licences.

There is nothing to suggest any imminent rush into the "bombed out junior resources" sector anytime soon and, if recent history is to be observed, early entrants to mining minnows like Connemara are more likely to find themselves tapped for cash than patting themselves on the back for the perceptive investment.

Earlier this year, the company issued a further 9.03 million shares at 5p a share to provide additional working capital and fund development costs.

[sallad3] 21/9/2013 09:56

marcello

if you had bothered to attend the AGM you would have heard all about it and the independently assessed offer that was made but not accepted.

so, once more....

where on the accounts are:

1. the costs - unpaid by CON so should have been in creditors
2. the anticipated recovery from Trampus - unpaid so should be in debtors.

Perhaps we have another case of directors and auditors deliberately not disclosing legal fees provision such as in CLON?

[marcello lippi] 20/9/2013 20:56

Agree totally but was referring to trampus not paying up on its costs after losing the court case

[caveat_emptor] 20/9/2013 19:36

Why should we ask him for it when we can ask you?

[sallad3] 20/9/2013 18:53

purplebox

Dell Boy would have done a better job.

JT does not want the share price any higher under any circumstances whilst Trampus is a shareholder: just ask him for the link to his recorded conversation with me after the AGM.

[sallad3] 20/9/2013 18:51

lippi

You should know that "its not a loss until you sell" and I'm not selling.

[marcello lippi] 20/9/2013 17:07

Looks like somebody is a bad loser......

[purplebox] 20/9/2013 16:49

I think Dell Boy wrote this morning's RNS...