Conroy Gold & Natural Re... Share Discussion Threads

[kaos3] 26/10/2016 18:05

and the bulls++t continues

[thecynical1] 26/10/2016 08:41

wonder when the real announcement will come.......if.you add the holdings of certain parties..............I wonder....

[paleje] 26/10/2016 08:37

That purchase by Patrick O'Sullivan is insignificant vs his total holding which is now just over 22%. Interestingly MTR have 8%.

[goldeneye5] 21/10/2016 10:25

Has to be worst performing share on AIM!

[catswhiskas] 21/10/2016 10:23

An RNS to announce the sad passing of prof within the next 15 years is highly more likely than any news of a mine or jv imho.In fact its highly likely that all CGNR investors have kicked the bucket after they all died of boredom invested in this white elephant!

[thecynical1] 17/10/2016 08:46

craffert....it probably wasn't meant to help investors......it was most likely aimed at parting fools from their money while generating a little commission! jmo.

[craffert] 15/10/2016 23:57

The broker note is abysmal - no sane or credible analyst would compare Dalradian with Conroy. DALR has $23mn cash on balance sheet for a start. The parallels drawn are so simplistic that it defies belief that this was meant to help investors. Hybridian draw parallels that have no credible meaning. I might as well say that apples and oranges are the same, because they are (1) both fruit (2) grow on trees (3) are sun ripened and (4) can both go into a fruit salad. That doesn't make them comparable in any way re. price/value/future events.

DALR and CGNR are apples and oranges

[goldeneye5] 11/10/2016 12:02

Will the summer drilling program be enough for any sort of resource upgrade?

[kevjones2] 11/10/2016 10:02

Nice to see CGNR's broker Hybridian's regular report does not contain any ridiculous share predictions. After their last one the share price dropped 33%. I guess that's why the vast majority of investors take little or no notice of their own company's brokers.

[goldeneye5] 11/10/2016 00:35

Guess that talk of a broker note was true. Here is a link for anyone interested.http://www.conroygoldandnaturalresources.com/sites/default/files/2016-10-03%20-%20The%20outlook%20shines%20bright%20for%20Conroy.pdf

[4marlin] 08/10/2016 19:21

newprom: me upset????
Hardly.

Subsequent to my investment with CGNR (where I lost a lot of money but sold out at much higher prices than today), most of my money is invested in pm juniors that have done very well.
I am thrilled to be out of this junk Company and remain grateful for the learning experience it afforded me....my last mail to the prof. said just that.
Beware non-delivery (amongst other criteria).

[craffert] 08/10/2016 13:30

yawn newprom....ever stopped to consider why this is ALWAYS the best value share on the stockmarket? Anyone who sold out of this little pipedream has done way better than loyal holders/apologists. JV or bust. By the way, what age is the key man steering this company?

[newprom] 07/10/2016 14:58

The feasibility study projected payback in 2 years at a lesser gold price and before recent drilling results.The lower gold price must help feasibility as well.Must be the best value share on the stockmarket with news of jv possible at anytime.Ridiculous market cap at the moment.4marlin upset at selling out at the bottom of the market,one of the reasons this is so low at the moment.

[4marlin] 06/10/2016 13:18

If if were possible for management to have less than zero credibility, CGNR would get the prize. Even the bulls cannot deny glacial progress/serial non-delivery.

Without consistent good grades I simply cannot see the investment case.

MTR, like myself many yrs ago, did not dig deep enough to realise they were/are investing mistakenly.
All the bigger players leave in the end. Without exception.

[catswhiskas] 06/10/2016 12:54

Looks like metal tiger have bought a right pig in a poke if craffert is right .

[craffert] 06/10/2016 12:48

major gold mining companies will have very limited appetite for a junior with c. 1mz oz of low grade unproven gold in a location with no synergy for their existing operations - this just doesn't move the needle, so not worth the effort.

[goldeneye5] 05/10/2016 22:48

No Joint Venture = no share price appreciation in my view. However, "if" a gold major mining company strikes a deal with CGNR and takes over to drive this forward, CGNR shareholders can still do very well out of this. The prof would take a back seat. It is only then that the share price would be transformed. Clay Lake is key here. I expect a Canadian gold major to make a move eventually, maybe they will gobble up Dalradian on route! It has to be a serious possibility at the moment. It is only since August that the prof has said that sourcing a major mining partner is a necessity for the company now. Up until then the prof always said that it was an option and there may be alternative routes. Not any more, the prof is now saying he needs a heavyweight major and they will source one. Will a major be interested? Absolutely. Has to be soon. Nobody is getting younger.

[goldeneye5] 05/10/2016 22:17

Unlike other brokers hybridan do not give a target price to be fair. Most others do. I believe that they said in their last broker note that they did not believe recent progress/results have been reflected in the share price. They also said that further test results could potentially be a short term catalyst for share price appreciation. Now, I don't really think they have said anything that one wouldn't expect if market reaction was rational. It is not for the broker to factor in irrational market responses and the underlying market apathy towards CGNR. I say irrational market response, but that is not to say it isn't understandable given the lack of a partner or significant progress on the financial front.That said, the broker hybridan, whilst employed by the company is at the milder end of the broker spectrum. Just one of the reasons they were employed was the fact that they did not provide target prices. Ask the prof et al, they will confirm that to you.There is no doubt that the share price here is a disaster of epic proportions. This is a junior explorer which has taken the share price from 25 - 30p all the way down to 0.25p, or 25p equivalent since 100:1 consolidation (with a brief spike to 10 -11p, around the Kenglo time). Everyone who holds these are sitting on a massive loss. For me results are pointless. It's all about achieving a solid JV!

[craffert] 05/10/2016 21:00

the high risk high reward option value (market cap) will disappear if gold continues to hurtle towards the scoping study assumption - raising debt for a project will not be possible, assuming there even is a project. Pity. But all rather predictable.

[kevjones2] 05/10/2016 20:48

The thread! Read the last two or three pages.

[catswhiskas] 05/10/2016 18:59

If there was a broker note from Hybridan it cant have been very positive for either of profs outfits kdr down badly too maybe it was sell advice. Pop

[goldeneye5] 05/10/2016 15:56

Cgnr taking a big hit today. Kdr too