Connemara Share Discussion Threads

[effiert] 13/5/2016 12:08

LSEsharetalk ‏@LseShareTalk 3m3 minutes ago
We are LIVE with Paul Johnson @metaltigerplc hxxp://www.lsesharetalk.com/share-news/metal-tiger-ceo-speaks-to-lse-share-talk-about-todays-rns-connemara-mining-con-announcement/ … #MTR Asset Trading - Warrants #CON RNS & future of #GGP @LseShareTalk
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[xcap] 13/5/2016 11:19

exercise of warrants at 5p will raise an additional £1m, with still only 96m shares in issue - very astute placing.

[72873810] 13/5/2016 11:18

boom boom bang bang 13 May'16 - 09:47 - 1689 of 1695 0 0




CON


BOOM BOOM

[72873810] 13/5/2016 11:18

effiert 12 May'16 - 08:33 - 1680 of 1695 2 0

Cyber with a £1m cap, cash in the bank, low overheads, Directors with skin in the game and the recent findings bring compared to neighbour Dalradian its fair to say that this provides an amazing RISK/REWARD situation.

On ANY decent find this will 5-10 fold.

Just look what GRL did recently. 1p-5p on nothing

[72873810] 13/5/2016 11:17

effiert 11 May'16 - 19:38 - 1673 of 1695 6 0

Been looking at this for a while now as i feel it has the potential to do a 2012 SOLG type rise. Took a few today but will load up fully next week when i have £15k clear from the sale of 88e.

When news comes i can see it going orbital from this tiny market cap, 10p+ is very much a realistic proposition and would still only value the company at £3m

This is from the 7th April Rns

"The initial drill results have confirmed the presence of significant grades of gold in a multi-vein system within the Dalradian rocks of Inishowen, Co. Donegal, Ireland. The setting is believed to be mesothermal, similar to that at Curraghinalt, County Tyrone where a multi-million ounce gold deposit has been reported"

… … … …
m.

"There is now without doubt a gold bearing vein system in the Inishowen area of Donegal.

The discovery is similar to the Dalradian gold resource across the border in Co. Tyrone.

Further drilling is necessary."

If you study the RNS you will see the Clues. Teeling has made continual reference to Dalradian and their high grade discovery, This is in the same belt.

RNS from Dalradian on 12th April

Dalradian intersects 1.44 m of 100.66 g/t gold ..

And from CON on the 7th "The discovery is similar to the Dalradian gold resource across the border in Co. Tyrone."

Now look at the low overheads of this company. Total admin expenses of 89,000 Euros in H1 (£72,000 in today's money). Is that the lowest on AIM?

then look at the Director and insider holding.

And In a politically safe enviroment!

Now do you really think this should be valued at £1m?

Some of the above has been cross referenced by me as i was given the heads up on Connemara a month or so ago. I have now started to tip toe my way in after much due diliengence.

[72873810] 13/5/2016 11:17

xcap 13 May'16 - 10:59 - 1691 of 1695 2 0

this has the real potential to produce a very high grade resource comparable to the dalradian underground mine being currently progressed

If the next drill results confirm further continuity/greater confidence of the high grade mineralisation a mid to Tier 1 will be all over CON with substantial JV funding having lost out with Dalradian who are progressing the mine themselves.

I can see investors getting in at this low point because after the drilling this could well fly to a very decent mcap

[xcap] 13/5/2016 11:17

mcap £1.52m
post placing shares still only 76m - very tightly held by Directors, family and friends

[72873810] 13/5/2016 11:15

it did spike to 4.5p in april

[72873810] 13/5/2016 11:15

check the rns

[72873810] 13/5/2016 11:14

!YOUTUBEVIDEO:-0Bwmmiat-o:
Connemara Mining Company plc Fundraising to Finance Donegal Gold Drilling

13/05/2016 8:30am
UK Regulatory (RNS & others)

Connemara (LSE:CON)
Intraday Stock Chart
Today : Friday 13 May 2016

Click Here for more Connemara Charts.
TIDMCON

RNS Number : 1982Y

Connemara Mining Company plc

13 May 2016

13(th) May 2016

Connemara Mining Company plc ("Connemara")

Fundraising to Finance Donegal Gold Drilling

The board of Connemara Mining (AIM: CON) are pleased to announce that they have raised GBP400,200 (before expenses) by way of a Placing and Subscription of 20,010,000 new ordinary shares of EUR0.01 each in the Company ("Ordinary Shares") at a price of 2p per share ("the Placing and Subscription Shares"). For each Placing and Subscription Share subscribed for, the investors are also receiving one warrant to subscribe for an additional Ordinary Share at a price of 5p per share at any time until 26 May 2018. The Placing and Subscription Shares will represent approximately 26.4 percent of the Company's issued share capital as enlarged by the Placing and Subscription.

The funds will be used for a drilling programme on the Donegal gold licences and for general working capital purposes.

The Placing and Subscription Shares will rank pari passu with the existing Ordinary Shares. Application will be made for the Placing and Subscription Shares to be admitted to trading on AIM ("Admission") with effect from 27 May 2016.

Following the Admission of the Placing and Subscription Shares, there will be a total of 75,789,711 Ordinary Shares in issue with each share carrying the right of one vote. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

John Teeling, Chairman, commented "We will use the funds raised to undertake the next stage gold drilling programme in Donegal. Details will be announced in due course but we would hope to commence drilling in the coming weeks."

Enquiries:


Connemara Mining Company
Plc
John Teeling, Chairman [phone]
Jim Finn, Director
Northland Capital Partners
Limited
William Vandyk/Gerry [phone]
Beaney 6625
John Howes
Dowgate Capital Stockbrokers
Limited
Jason Robertson [phone]
[phone]
Blytheweigh 3204
[phone]
Tim Blythe 626
[phone]
Camilla Horsfall 793
PSG Plus
Colm Heatley [phone]
Alan Tyrrell [phone]

[deanroberthunt] 13/5/2016 11:13

this is going to stupid bag.......10p just for starters, once the crowd arrive 20p

[sharkman returns] 13/5/2016 11:07

40ml away

Dalradian read across to Connemara Mining [CON]




Some outstanding bonanza style gold grades of over 100 g/t gold were announced this morning from drilling on Dalradian Resources' Curraghinalt gold deposit, that lies just 40 miles to the south of Connemara's Inishowen project.


Best Regards,

Jason Robertson

Dowgate Capital Stockbrokers



Dalradian Resources
Dalradian intersects 1.44 m of 100.66 g/t gold ...

FOR: DALRADIAN RESOURCES INC.

TSX SYMBOL: DNA
AIM SYMBOL: DALR

April 12, 2016

Dalradian intersects 1.44 m of 100.66 g/t gold at Curraghinalt

TORONTO, ONTARIO--(Marketwired - April 12, 2016) - Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) ("Dalradian" or
the "Company") announces results from 39 drill holes from the infill drill program at the Curraghinalt gold
deposit in Northern Ireland. Infill drilling was completed in February and this is the final release of results
from the 51,479-metre program.

Highlights

-- 1.44 m of 100.66 g/t gold from the Sheep Dip vein in hole 16-CT-355
-- 1.02 m of 73.61 g/t gold from the No. 1 vein in hole 16-CT-341
-- 1.06 m of 66.43 g/t gold from the Grizzly vein in hole 16-CT-343
-- 0.67 m of 112.45 g/t gold from the T17 vein in hole 16-CT-366
-- 0.65 m of 80.58 g/t gold from the Sperrin vein in hole 16-CT-342
-- 1.20 m of 39.08 g/t from the V55 vein in hole 16-CT-361
-- 0.80 m of 44.75 g/t from the Road vein in hole 16-CT-365

Patrick F.N. Anderson, Dalradian's Chairman and CEO, commented:

"We are ending our infill drill program at Curraghinalt with a final batch of high grade results. Work has been
ongoing and is nearing completion on a resource update to reflect the 50,000 additional metres we have drilled
since our last resource, which was based on 80,000 metres of drilling. The resource update is just one of many
inputs into our feasibility study, which will outline the economics of an underground mine at Curraghinalt. Other
work that is ongoing and will feed into the feasibility study includes vein sampling, test stoping, mine planning
and some additional metallurgical testing. These other inputs will help to determine both the anticipated diluted
grade of ore that will enter the mill and the expected gold recovery of that material."

[sharkman returns] 13/5/2016 11:04

Connemara Shares Soar After Confirming Gold System At Inishowen
Thu, 7th Apr 2016 09:14

LONDON (Alliance News) - Connemara Mining Co Ltd saw its shares soar on Thursday after publishing the results of its short-hole drilling programme over its gold licences in Northern Ireland, which has confirmed "without a doubt" that a gold bearing vein system is present.

Connemara shares were trading at 3.35 pence per share on Thursday morning, more than double its opening price.

The company conducted the 121.0 metre drilling programme on licences within Inishowen in County Donegal and focused on gold veins that were discovered in the 2015 trenching programme.

"The drill results reported today though early stage are promising. Multiple gold bearing veins have been intersected with one stretching over 3 metres at a gold grade of 5.8 grams per tonne," said Chairman John Teeling.

"There is now without doubt a gold bearing vein system in the Inishowen area of Donegal," he added.

The best intersect, as described by Teeling, came from the third hole that was drilled, delivering the 5.8 grammes of gold per tonne from a 3.05 metre interval, including 0.65 metres at a grade of 11.31 grammes of gold per tonne and another 0.39 metre intersect at 26.07 grammes.

The other best intercepts include 1.0 metre at 1.3 grammes of gold per tonne of ore, 1.51 metres at 0.3 grammes of gold, 1.5 metres at 0.23 grammes of gold, 0.5 metres at 5.65 grammes of gold, 1.05 metres at 7.0 grammes of gold and 1.0 metre at 10.3 grammes of gold per tonne of ore.

"The initial drill results have confirmed the presence of significant grades of gold in a multi-vein system within the Dalradian rocks... The setting is believed to be mesothermal, similar to that at Curraghinalt, County Tyrone where a multi-million ounce gold deposit has been reported," said the company.

Connemara now plans to conduct further drilling to determine how many veins are present and gain a clearer understanding of the grade.

Four drill holes positioned perpendicular to the vein strike should be completed within a 300 by 300 metre defined area to intercept all known veins in he area, and step out drilling will be conducted to the east and west with possible holes to the north and south.

Those first four drill holes will equate to 830.0 metres of drilling with the step out drilling adding a further 830.0 metres - meaning the next stage of drilling is far more intensive than the 121.0 metre programme it has just completed.

[xcap] 13/5/2016 10:59

this has the real potential to produce a very high grade resource comparable to the dalradian underground mine being currently progressed

If the next drill results confirm further continuity/greater confidence of the high grade mineralisation a mid to Tier 1 will be all over CON with substantial JV funding having lost out with Dalradian who are progressing the mine themselves.

I can see investors getting in at this low point because after the drilling this could well fly to a very decent mcap

[effiert] 13/5/2016 10:59

WOW cracking news MTR/Paul Johnson just invested here. Now watch this rerate and explode on what i belive will be positive findings