Conroy Diamonds & Gold Share Discussion Threads

[rob74son] 26/1/2011 17:57

topinfo and partner amazonwoman trying to pump these so expect the dump shortly. Lots of "!!!!!!!!!" if they actually move. Head n shoulders formed on chart so expect misery.

[yorgi] 26/1/2011 15:42

Yep they are more than happy to panic people out of them and then push the price up and sell them on :-) Have to be patient in this game and sometimes people just become to impatient......

Being a ANGM shareholder I know all about having to be patient :-(

[topinfo] 26/1/2011 15:42

If you think OTC is cheap which I do then compare to CDG valued at a third almost of OTC and read this from i,i,i.

Without wishing to oversimplify things, I was interested to note the similarities between our own CDG and Ortac Resources (OTC). Both are predominantly involved in gold exploration and (following this morning's resource upgrade for OTC), both now have a JORC compliant gold resource marginally in excess of 1m o/z (using the same 0.75 g/t cut off figure for each).

However, this is where the similarities appear to end. OTC is (at the time of writing) valued at c.£41m whereas CDG is valued at c.£14m. I also note that OTC will now move to commence a scoping study with a view to publishing results "during the second half of 2011". Given that CDG initiated its own scoping study in February, it seems that we are significantly further down the track towards monetising our own resource.

Clearly this is a rather crude analogy, as it ignores a variety of other variables. I could go on and bang the drum for CDG based upon the following factors (to name but a few) - (1) operating in a benign geographical area (from a political, mining and investment perspective) (2) low corporation tax rates (3) prospect of an additional 14-19m o/z gold being contained in its Irish licences (4) that initial results point towards Clay Lake being even more prospective than the 20% (yes - only 20%!) of the Clontibret licence area which produced the JORC-compliant resource.

However, this is to stretch the analogy too far, as I do not know enough about OTC to continue the comparisons. However, when you break it down to the 1m o/z JORC discovery and relative stages down the production track, CDG does appear to have the edge. OTC appears to have the momentum behind it, but CDG may be the better value proposition. All we need is a spark to ignite the market's interest.

Roll on the results of the scoping study.....


Junior-Red

[tadska] 26/1/2011 15:38

good play from mms, dropping sp, picking some cheap shares and when selling them.it only means one thing - mms wants your shares lol:)

[yorgi] 26/1/2011 15:20

Recovering now.....MM's will be quite happy to sell them off for a profit from those that were panicking. taking it's time releasing the scoping study report but it should come soon just patience required if one believes it will be good if not then best sell and move on.

[tadska] 26/1/2011 14:28

long term and mid term chart looks very good.Should see a rise to 0.12p soon!

[yorgi] 26/1/2011 14:22

Give them away :-) Where, who Cats :-) Ah cheap not free !

[catswhiskas] 26/1/2011 14:09

Lets hope so not ignoring the fact they are also happy to give them away cheap !

[yorgi] 26/1/2011 14:06

That's how I see it the MM's will be quite happy to pick up a few cheap in the present market

[tsmith2] 26/1/2011 14:02

looking the vol - absolute nothing. MMs taking full adavantage of sentiment at the mo.

Most miners off a fair bit in recent weeks!

[yorgi] 26/1/2011 12:09

Hope it is just like a lot of small cap miners that have dropped these last few days.

[jj45] 26/1/2011 11:47

Dropping like a stone, bad news on the way ?

[blueblood] 26/1/2011 07:52

Next results are due in around 4 weeks. Scoping study and unmasking of new holdings. Tick tock.......

[masco3] 25/1/2011 17:58

If you are interested in quizzing management, the company is exhibiting at this show in April: www.masterinvestor.co.uk. They have a few free tickets available for shareholders and other interested parties if you email the organisers at [e-mail] quoting 'Conroy shareholder'.

[hemehem] 25/1/2011 16:16

I hope he's right, 4p would be a greet price to buy more shares at.

[hectic2] 25/1/2011 16:05

Better watch this then Hectwerp

Birth of Britain - C4 Next Monday at 8.00 pm

Tony Robinson tells the epic story of how Britain was formed, and how the earth beneath our feet has shaped the country we live in today. Britain is probably better known for producing coal and tin but a far greater treasure is hidden in the rocks around the UK: gold. Tony Robinson goes in search of Britain's gold and is surprised to learn there is much more than you might think. He visits a Roman gold mine in Wales, tries his hand at gold panning in Scotland and visits the only working gold mine in the UK, in Northern Ireland. He discovers the earth-shattering geological events that came together to produce Britain's gold. It's a story that goes back to the beginning of time, from exploding stars to vanishing oceans and colliding continents.

[hecterp12] 25/1/2011 15:44

not sure looks a bubble stock to me. Gold in big quantity in ireland?,,,, hmmmm.

[yorgi] 25/1/2011 15:21

Are you sure you don't mean 0.4p Hector.......somehow I think you need to go away and do some homework on your charting next move is up and with scoping study report it will be nearer 10p

[hecterp12] 25/1/2011 15:18

nasty h&s chart tells me retreat back to 4p before any move. yuk chart by any stretch.

[goldeneye5] 24/1/2011 14:11

What is the story with RENA???

[tsmith2] 24/1/2011 07:40

SS results this week?

[yorgi] 22/1/2011 22:36

Well first they need to release the result of the scoping study, that will make a difference to the SP

[richgit] 22/1/2011 22:24

I have taken a base case investment here for starters and may add substantially
on certain news.

If CDG can convince the Market and pull this off then it must be in the very lowest quartile of Market valuations and could thus -seriously re-rate over time.

Maybe now with a better Market appreciation and -potential-l far better
share price CDG can finally accelerate proof of the huge potential
known for many years of a possible Multi-million oz resource.

My past question of whether Cyanide use was something that could be a smoking gun,has been reasonably answered,and I cannot ignore the value of what is potentially here.at this Market Cap,which is for nothing,and values very little
never mind such a potential, or indeed what they already have


GLA.

[katie priceless] 22/1/2011 20:40

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