Share Name Share Symbol Market Type Share ISIN Share Description
Conroy Diamonds & Gold LSE:CDG London Ordinary Share IE0002163354 ORD EUR0.03
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 6.375p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.2 -0.2 - 14.69

Conroy Diamonds & Gold (CDG) Latest News

Real-Time news about Conroy Diam&Gld (London Stock Exchange): 0 recent articles
More Conroy Diamonds & Gold News
Conroy Diamonds & Gold Takeover Rumours

Conroy Diamonds & Gold (CDG) Share Charts

1 Year Conroy Diamonds & Gold Chart

1 Year Conroy Diamonds & Gold Chart

1 Month Conroy Diamonds & Gold Chart

1 Month Conroy Diamonds & Gold Chart

Intraday Conroy Diamonds & Gold Chart

Intraday Conroy Diamonds & Gold Chart

Conroy Diamonds & Gold (CDG) Discussions and Chat

Conroy Diamonds & Gold Forums and Chat

Date Time Title Posts
06/10/201108:04Conroy Gold & Diamonds ( C D G ) - Strong BUY3,033.00
18/1/201110:26Conroy Diamonds & Gold - A Sound Long-Term Investment3,313.00
13/4/201016:59Investors Chroncile tips Conroy Diamonds and Gold89.00
03/7/200814:16WHEN WAS THE LAST DRILL HOLE ???6.00
22/8/200513:24When can we trade Karelian shares?17.00

Add a New Thread

Conroy Diamonds & Gold (CDG) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Conroy Diamonds & Gold trades in real-time

Conroy Diamonds & Gold (CDG) Top Chat Posts

DateSubject
02/2/2011
10:57
jezzab0: jj45 "there hasnt really been much progress since Feb 2010". Maybe not, but on the other hand the share price is 40%- 50% higher. That's my kind o' progress.
22/1/2011
22:24
richgit: 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.
22/1/2011
11:48
goldeneye5: Yeh...CDG is their total wildcard (which is what TW called it), and they do continue to buy cdg shares....so they haven't sold any, they have just bought more of others, hence the % of their fund which is CDG is less. One thing we can all be sure of is that the board dont give much away, they are professional in that regard. I expected the share price to rise from the start of the new years trading. It doesn't take a genius to realise that it should be higher than its current price. I suspect it will start to rise next week, hopefully monday..wishful thinking, i know, but i have a feeling it is about to jump next week. Still waiting to hear who the buyer was/is. Also think the trading and Market maker activity with this share has been odd to say the least recently. Excited about the possibilities here.
07/1/2011
16:53
tadska: AIM listed Conroy Diamonds and Gold, the Ireland based Gold exploration company found itself hit by a bout of Gold rush speculation at the end of September 2010 which saw the shares jump from 6p to 12.75p. The share price movement was in anticipation of further step out drilling results from the company's hugely prospective Clay Lake license following on from the positive news reported to the market on 29 July 2010. The anticipated results were announced on 11 October 2010 when the company reported that 13 zones of mineralisation had now been identified. All 7 of the holes drilled to date have now reported the presence of Gold with varying grades, notably (as of the last announced drill results) 14 metres of 0.72 g/t, including 2 metres of 1.72 g/t, having been intersected in the north western corner of the Clay Lake Gold target in Co. Armagh. Results of Silver mineralisation were also reported. To date the Clay Lake drilling targets have been confined to only a small area of the large license. The area is the same location where the famous Clay Lake 28g Gold nugget was found during the 1980s which is now housed in the Ulster Museum. The most recent drill results however imply the presence of a broad zone of mineralisation arguably more prospective than the already recorded JORC compliant resource at the company's Clontibret target, 7km away (this is also based on only of the license area). The news saw the price peak at 12.75p but subsequently following the results, profits taking and a large placing at 6p has led to the share price returning to around the level it was resting at prior to the anticipated Clay Lake results. We are already a large shareholder in the company but took the opportunity to add to our holdings recently, taking advantage of the drop in price. Over the past months price of the shares has remained more or less static around the 6p mark. There seems to be one major seller of the shares which we believe to be Kenglo One Ltd which owned, as of 30 May 2010, over 26% of the company (although it will have been diluted due to the placing announced on 28 October 2010). Our reasoning behind why we envisage Kenglo as the main seller (most likely retaining a proportion of profit, having invested at a lower level), creating the stock overhang, is that the majority of the other large shareholders are all management, or friends of the company and, one, would be unlikely to sell at such a transitional point for the company, and two, would no doubt have to disclose the fact the disposal had been made. In light of this, and the fact that almost 20% of the current share capital has recently been raised at 6p, through the issue of 40,000,000 new shares for a total of £2.4 million before expenses, we see this as the bottom. At 6.125p Conroy is capitalised at £14 million. Moving away from the most recent focus of the Clay Lake target, January 2011 is the month that will see the release of the important scoping study stage results for the Clontibret target which houses the company's 1m+ JORC compliant resource. The company is expected to detail a preliminary mine plan along with detailed news in regards to the potential progression towards the prefeasibility and feasibility stages. We are expecting to have positive news flow towards the end of the month and as such are content to hold our position in expectation of a spring re-rating.
07/1/2011
10:10
daz: Whoever has bought such a big stake in such a small company must be very confident of the results of the scoping study, as otherwise they're left with a big stake in a company going nowhere and you just don't take that kind of risk with a stake valued at around £5m. I tend to think it might be another miner or financier who will be able to assist taking the company forward and that we could see further improvement in the share price when the stakeholder is revealed. Also think that the share price has held up well in the last few days after the spike and could move further ahead just with a more positive market.
05/1/2011
22:49
goldeneye5: granada, I have always based my expectations on the expectations of management. They are no fools. When Conroy discovered the zinc at Galmoy, years ago, the share price languised at 20p and were not taken seriously at first. But they rose to £5. I believe pounds will be reached in CDG, but in the next 3/6 months i am looking for 20 - 30p. If there is a deal with a major, then higher than this. I must stress that this is "not" based on any proper calculations, just my expectations. Anything could happen to the share price here.
05/1/2011
11:14
hope67: posted by Riverrock2 on iii AIM listed Conroy Diamonds and Gold, the Ireland based Gold exploration company found itself hit by a bout of Gold rush speculation at the end of September 2010 which saw the shares jump from 6p to 12.75p. The share price movement was in anticipation of further step out drilling results from the company's hugely prospective Clay Lake license following on from the positive news reported to the market on 29 July 2010. The anticipated results were announced on 11 October 2010 when the company reported that 13 zones of mineralisation had now been identified. All 7 of the holes drilled to date have now reported the presence of Gold with varying grades, notably (as of the last announced drill results) 14 metres of 0.72 g/t, including 2 metres of 1.72 g/t, having been intersected in the north western corner of the Clay Lake Gold target in Co. Armagh. Results of Silver mineralisation were also reported. To date the Clay Lake drilling targets have been confined to only a small area of the large license. The area is the same location where the famous Clay Lake 28g Gold nugget was found during the 1980s which is now housed in the Ulster Museum. The most recent drill results however imply the presence of a broad zone of mineralisation arguably more prospective than the already recorded JORC compliant resource at the company's Clontibret target, 7km away (this is also based on only of the license area). The news saw the price peak at 12.75p but subsequently following the results, profits taking and a large placing at 6p has led to the share price returning to around the level it was resting at prior to the anticipated Clay Lake results. We are already a large shareholder in the company but took the opportunity to add to our holdings recently, taking advantage of the drop in price. Over the past months price of the shares has remained more or less static around the 6p mark. There seems to be one major seller of the shares which we believe to be Kenglo One Ltd which owned, as of 30 May 2010, over 26% of the company (although it will have been diluted due to the placing announced on 28 October 2010). Our reasoning behind why we envisage Kenglo as the main seller (most likely retaining a proportion of profit, having invested at a lower level), creating the stock overhang, is that the majority of the other large shareholders are all management, or friends of the company and, one, would be unlikely to sell at such a transitional point for the company, and two, would no doubt have to disclose the fact the disposal had been made. In light of this, and the fact that almost 20% of the current share capital has recently been raised at 6p, through the issue of 40,000,000 new shares for a total of £2.4 million before expenses, we see this as the bottom. At 6.125p Conroy is capitalised at £14 million. Moving away from the most recent focus of the Clay Lake target, January 2011 is the month that will see the release of the important scoping study stage results for the Clontibret target which houses the company's 1m+ JORC compliant resource. The company is expected to detail a preliminary mine plan along with detailed news in regards to the potential progression towards the prefeasibility and feasibility stages. We are expecting to have positive news flow towards the end of the month and as such are content to hold our position in expectation of a spring re-rating.
04/1/2011
17:08
goldeneye5: From ...http://uk-analyst.com/shop/page-article/action-article.show/id-130009770 today AIM listed Conroy Diamonds and Gold, the Ireland based Gold exploration company found itself hit by a bout of Gold rush speculation at the end of September 2010 which saw the shares jump from 6p to 12.75p. The share price movement was in anticipation of further step out drilling results from the company's hugely prospective Clay Lake license following on from the positive news reported to the market on 29 July 2010. The anticipated results were announced on 11 October 2010 when the company reported that 13 zones of mineralisation had now been identified. All 7 of the holes drilled to date have now reported the presence of Gold with varying grades, notably (as of the last announced drill results) 14 metres of 0.72 g/t, including 2 metres of 1.72 g/t, having been intersected in the north western corner of the Clay Lake Gold target in Co. Armagh. Results of Silver mineralisation were also reported. To date the Clay Lake drilling targets have been confined to only a small area of the large license. The area is the same location where the famous Clay Lake 28g Gold nugget was found during the 1980s which is now housed in the Ulster Museum. The most recent drill results however imply the presence of a broad zone of mineralisation arguably more prospective than the already recorded JORC compliant resource at the company's Clontibret target, 7km away (this is also based on only of the license area). The news saw the price peak at 12.75p but subsequently following the results, profits taking and a large placing at 6p has led to the share price returning to around the level it was resting at prior to the anticipated Clay Lake results. We are already a large shareholder in the company but took the opportunity to add to our holdings recently, taking advantage of the drop in price. Over the past months price of the shares has remained more or less static around the 6p mark. There seems to be one major seller of the shares which we believe to be Kenglo One Ltd which owned, as of 30 May 2010, over 26% of the company (although it will have been diluted due to the placing announced on 28 October 2010). Our reasoning behind why we envisage Kenglo as the main seller (most likely retaining a proportion of profit, having invested at a lower level), creating the stock overhang, is that the majority of the other large shareholders are all management, or friends of the company and, one, would be unlikely to sell at such a transitional point for the company, and two, would no doubt have to disclose the fact the disposal had been made. In light of this, and the fact that almost 20% of the current share capital has recently been raised at 6p, through the issue of 40,000,000 new shares for a total of £2.4 million before expenses, we see this as the bottom. At 6.125p Conroy is capitalised at £14 million. Moving away from the most recent focus of the Clay Lake target, January 2011 is the month that will see the release of the important scoping study stage results for the Clontibret target which houses the company's 1m+ JORC compliant resource. The company is expected to detail a preliminary mine plan along with detailed news in regards to the potential progression towards the prefeasibility and feasibility stages. We are expecting to have positive news flow towards the end of the month and as such are content to hold our position in expectation of a spring re-rating.
09/12/2010
23:04
goldeneye5: Fair point, but i cant see this going below 6p. I would be very surprised. I have a significant holding at 3p and didnt sell a single share at 11p, as i expect a serious share price in the future here. Even a 50,000 oz a year mine, which is what we will probably get as a starter would see the share price in a completely different ball park. Taking gold at $1400 (and i believe this will continue to rise, so could be nearer $2000 by time a mine is operational)and operating costs at even say $600 an oz, the cash flow would be serious. I have no idea what that would do to the share price, i would leave those calculations to the experts, but i am fairly sure the share price would be way higher! If you can buy at approx 6p, you are getting a great price. This could re-rate very quickly, when it starts. Scoping results in first 2 weeks of January will be the news to start the share price moving
28/9/2010
15:45
johndee: 28th September 2010 Analyst: Dr Michael Green Email:Michael.green@gecr.co.uk Tel: 0207 562 3371 Conroy Diamonds and Gold* - Initiating coverage with a recommendation of Speculative Buy at 10.5p with a 16.3p target price Key Data EPIC CDG Share Price 10.5p NMS 10,000 Spread 10.25p -10.75p Total no of Shares 190.46 million Market Cap GBP 20 million 12 Month Range 3.75 - 0.50p Market AIM Website www.conroydiamondsandgold.com Sector Mining Contact Professor Richard Conroy Chairman 00 353 1 661 8958 Conroy Diamonds and Gold (Conroy) is now demonstrating clear success in its Irish gold exploration programme. Its Chairman, Professor Richard Conroy was a major force behind Ireland's emergence as a major zinc producer with his discovery of the Galmoy deposit in the 1980s and he might also just put Ireland on the map as a significant gold producer. The Company has identified a 30 mile gold trend in its licence area in Ireland and discovered a series of gold targets along this trend. Its most advanced target is at Clontibret in Co. Monaghan but it has other large targets nearby including Glenish also in Co. Monaghan and its recent discovery at Clay Lake in Co. Armagh. It has secured its land position with the exclusive right to seek mining licences. A JORC-compliant gold resource of one million ounces plus has been independently estimated on less than 20 per cent of the target anomaly at Clontibret in an area known as Tullybuck-Lisglassan. The resource includes both high grade lode zones and low grade disseminated gold in a stockwork. There seems scope for the Company to discover substantially more gold in Clontibret both through infill drilling, drilling along strike and down dip drilling within the 20 per cent area and also in the remaining 80 per cent. The Company is on the threshold of moving from the exploration phase to development which should allow the market to place a far higher valuation on its deposits. The board is seeking to press ahead with the development of a mine at Clontibret provided this can be economically justified, something that should be clarified within weeks as a scoping study is currently in progress. Out of the one million ounce plus gold resource which is proven on 20 per cent of the Clontibret target, we estimate that 25% could be incorporated at this stage of the project. Further drilling could establish a significant resource in the indicated or measured category which could lead to a 50,000 ounce a year mine with a nominal ten year life. That would be a prodigious cash generator for the Company allowing it to fund a full scale exploration programme on its acreage in order to unlock the full potential of its licenses. The scoping study is primarily to determine whether or not a viable gold mine can be established within the 20 per cent Tullybuck-Lisglassan area of Clontibret. As part of this work well-respected consultants Wardrop will also bear in mind that the study is taking place against the background of not only the remaining 80 per cent of the Clontibret target in which bedrock gold is known to exist but also in light of further gold discoveries nearby at Clay Lake and Glenish. Should the findings of the scoping study prove positive, the Company would commence an accelerated infill drilling programme, and environmental and metallurgical studies leading to Pre-feasibility and Definitive Feasibility studies. The plan is then to twin track the planning and mining licence applications. The Government in the Republic of Ireland has publicly expressed its support for the mining industry and has promised to make decisions on new mining projects wi thin 18 months, which could suggest a decision date as early as the 4th quarter of 2012. The Northern Ireland Government is also positively disposed to the mining industry. An in-house conceptual study has suggested that the Irish licences could contain 15 million ounces of gold. The plan is to prove up around 2 to 3 million ounces by drilling which together with plans to develop a mine at Clontibret would really attract the attention of the majors in what appears to be a major new gold mining district. The move into mining would show the reality of gold mining in Ireland. At present Conroy's achievements have been largely ignored as there is little recent history of gold mining in the country. However, Ireland shares a similar geology to the mineral rich Appalachian /Caledonides trend in North America and Scandinavia and so there are no reasons that the Country could not become a significant gold producer. Our valuation is based on peer group analysis which shows an average Enterprise Value per JORC resource contained ounce of gold of GBP31.15. Conroy has a JORC resource containing 1,030,000 ounces which would suggest that the Company should be trading at an Enterprise Value of GBP33.67m, equating to market capitalisation of GBP31.04m and a price per share of 16.3p. This valuation does not however make any allowance for the remaining 80 per cent of the Clontibret target or the other larger gold targets along the 50km trend. We initiate our coverage at 10.25p with a stance of speculative buy and a 16.3p price target.
Conroy Diamonds & Gold share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V: D:20161204 14:13:35