Conroy Gold & Natural Re... Share Discussion Threads

[effiert] 13/7/2016 11:22

past 38p and theres no resistance to 60p.. all buys today as well

[newprom] 13/7/2016 11:21

I have been topping up lately.It would be rude not to!

[newprom] 13/7/2016 11:17

Effiert.You are absolutely right when you state that Cynical is "a sad little deramper who has a grudge against CGNR" He has admitted that he invested in the company at much higher prices ,at a time when the company was not in such a good position and when gold prices were falling rather than going up.He lost a lot of money but we have to thank the early investors for funding the company.We have to feel sorry for him,really.

[effiert] 13/7/2016 09:10

The CEO recently bought £200k worth of shares as did MTR.

I would rather follow them then a sad little deramper who has a grudge against CGNR.

[thecynical1] 13/7/2016 09:08

to all the newbies on here.....

Check out director loans.....

The ratio of salaries/salary costs to overall expenditure on exploration/drilling.....

The use of terms such as "conceptual" when talking about possible quantities of gold....in the real world, the normal terminology involves terms such JORC-compliant.....inferred/indicated/measured - the word "conceptual" is NOT a term used by companies if they want to be taken seriously. Why do you think they use this term? penny starting to drop?

How long are they going to need to actually get any kind of production going here? One shouldn't forget that three years ago, they were talking about "three years as the timeframe"...their world obviously exists in a different time-space continuum.

all obviously jmo.

[thecynical1] 13/7/2016 07:52

oh dear.....a new flock of clueless gamblers........what a laugh!

[effiert] 12/7/2016 07:41

CEO also bought £200k worth of shares in the recent placing. Sign of confidence

[mustau] 12/7/2016 07:38

Appreciate that Simon.

[simonparker5] 11/7/2016 22:56

Mustau 12 million shares current valuation £4m. Cheap as chips in my opinion.

[mustau] 11/7/2016 22:52

Wow, thats one hell of a holding. All the best.

What is the true market cap here and how many shares in issue presently?

[effiert] 11/7/2016 21:00

Conroy Gold & Natural Resources 2011 (CGNR) - CGNR
activeinvestor - 02 Oct 2014 - 12:53:08 - 5534 of 7281
15-20M oz, We keep 25%, $220/oz profit, Share Price will be 144-193p.
Anybody with year 11 Mathematics can do the sums.

[effiert] 11/7/2016 20:59

Conroy Gold & Natural Resources 2011 (CGNR) - CGNR
activeinvestor - 02 Apr 2014 - 08:47:46 - 5148 of 7281
My financial estimates for anybody thinking of investing.

Using an NPV based on 9% of total gold price at $1,350/oz.

NPV of £45m based on the Scoping Study Resource on 20% of Clontibret.

This gives 12p per share, devided by 2 for a 50% Joint partner,

this gives 6p for 20% of Clontibret, 30p for100% of Clontibret.

For the Entire Licence Area of 20m oz you are looking at 200p per share

with a 50% JV partner.

At the moment I hold 933,636 + 66,364 shares at close yesterday.

Will add on any dips with the intention of holding for 10 years

until mining is well established.

[activeinvestor] 11/7/2016 20:15

Totally different, no comparison.
New to all this? or just child like ramping.

[effiert] 11/7/2016 19:26

Dalradian Resources (LON:DALR) MC £133m our neighbours have Curraghinalt results showing 94% gold recovery

[apfindley] 11/7/2016 14:52

blue sky.

take a look at the pictures i just posted over at GWMO of the license area.

[blue sky territory] 11/7/2016 09:02

Thank you Mr Findley.

[apfindley] 11/7/2016 09:00

Looking good.Take a look at another gold copper explorer hot tip GWMO. About to rerate, beat the stampede, get in early.

[effiert] 11/7/2016 08:47

GR Exploration ‏@GRexploration 1m1 minute ago
#CGNR Conroy Gold -Overall potential 15m-20m Oz of #Gold, 30 Miles of Gold Trend and a series of Gold Targets 🤔📈 hxxp://www.conroygoldandnaturalresources.com/sites/default/files/Company%20Overview_0.pdf …

[simonparker5] 11/7/2016 07:58

thesynical1 I don't know how many brain cells you have but it doesn't take much intelligence to look back through the history of this company and find that a share consolidation of 1 for 100 shares took place on the 23rd of November last year. You have been posting for long enough on this thread to know this.
I guess you just want in cheaper than the rest of us have recently been able to buy at.

[thecynical1] 11/7/2016 07:46

brutus.....simon is talking through his xxxx.....don't worry about it..it is a common complaint on this bb.... reality is a sermingly unheard of concept for some the posters on here! : )

[simonparker5] 09/7/2016 21:51

Brutus8 there was a share consolidation late last year so the graph looks very confusing. If the current price is extrapolated back before this event you get an equivalent price of 150p in September 2014. I hope that makes sense.

[brutus8] 09/7/2016 21:41

Simon; This is what I have however both gold & silver are on the up with possible retrace on the way. Gold to $ 1500 & Silver to $ 30 so chart or no chart looks promising.

[simonparker5] 09/7/2016 19:51

brutus8 the chart in the header of this thread has the price at about £1.50 two years ago.