Conroy Gold & Natural Re... Share Discussion Threads

[chrysos] 01/3/2020 06:35

2Moz, 30Moz, 60Moz, 70Moz

[chrysos] 29/2/2020 09:22

OMG, from the article: "Conroy Gold has licences to huge swathes of land in Ireland which it previously claimed has the potential to yield 15 to 20 million ounces of gold, which would make the site one of the largest deposits in Europe."

It just gets bigger and bigger, any offers on 20 million ounces? That is nearly twice the reserves of Agnico Eagle BTW, a $12 billion market cap. company

[pelgis] 29/2/2020 08:57

hxxps://www.irishnews.com/business/2020/02/28/news/losses-widen-at-conroy---but-its-future-could-still-be-gold-en--1853751/

[goggin] 28/2/2020 18:10

KJ, your not reading this right 40 = 40 pound or 4000p, have a great weekend

[craffert] 28/2/2020 14:16

whatever way you look at it, shareholders have funded a 25 year Executive Directors lifestyle with absolutely no delivery of shareholder value. Its a complete con. There's gold all over the world. The key is economic deposits. Monaghan/Cavan/Armagh isn't economic, and even if it was, its of zero interest to Barrick etc as it wouldn't move the needle if you could extract every last ounce. If it was a Greatland or a Dalradian, someone would have taken on the project by now. In reality, Con Roy has poked a few holes here and there over 20 years, made big extrapolations from it to come up with "20 million oz" type claims, and thrown these about among gullible investors when the people who really matter (geologists in large gold explorers) have already dismissed the low grades as uneconomic, even when gold was $2,000 / oz. But its a wonderful essay in how to earn a few hundred grand a year for creating a whiff of excitement over many decades, without ever doing very much real work.

[kevjones2] 28/2/2020 11:15

So, £40 x 100 to get the actual high? I don't think so.

I'm not sure why you copied and pasted the other stuff.

£2.40? That's simply ridiclous and highly misleading. After countless dilutions and a scamsolidation, two attempts at a board overthrow (one defeated by sleight) the issue here is not how high the share price will go, it's how long will this dog remain in existence. Like I've been saying for a few years now, as long there are people stupid enough to believe rampers like you it will cling on until the next placing, then the next, then the next and so on.

[goggin] 27/2/2020 16:24

KJ, correct max high was app £40 to £46 back in February 2000, that’s 20 years ago and a lot has changed since then along with the obvious. It’s spilt milk mate, move on or enjoy the ride. I expect this to have a market cap of min 64m at buyout - app £2.40 / share. Have fun

14 December 2015
Accordingly, the capital reorganisation of the Company's shares will take place and the 4,373,207 new ordinary shares of €0.001 pence each ("New Ordinary Shares") will be admitted to trading on AIM with effect from 15 December 2015 ("Admission").
As announced by the Company on 23 November 2015, the capital reorganisation comprises firstly a subdivision of the existing ordinary shares (and also the unissued but authorised Ordinary Shares) and secondly a consolidation of the subdivided Ordinary Shares to create the New Ordinary Shares. The effect of the capital reorganisation is to reduce the number of Ordinary Shares in issue by a multiple of approximately 100.

The capital reorganisation also involves subdividing each issued Existing each. Immediately following the capital reorganisation, each existing Shareholder will hold 1 Consolidated Share and 100 Deferred Shares in place of each 100 Existing Ordinary Shares.
Following the capital reorganisation, the issued share capital will comprise 4,373,207 Consolidated Shares and 744,100,571 Deferred Shares (comprising the Deferred Shares and the Existing Deferred Shares).

Application has been made to the London Stock Exchange and the Irish Stoc that dealings in the Consolidated Shares on AIM will commence on 15 December 2015..

[kevjones2] 27/2/2020 15:35

And btw, if this was ever £40 before a consolidation then people in from the start must be lsoing around 99.99999%.

[kevjones2] 27/2/2020 15:33

Goggin, we both made a mistake although yours is much worse. The scamsolidation was not 200 to 1, it 100 to 1. That was my mistake.

However, you worked out its peak share price by multiplying the recent high of 40p x 100 to get an all time high of £40. That is incorrect.

The share's peak price (ignoring consolidations) was £11.11p. Using today's share price which includes the 100 to 1 consolidation the actual high in today's terms was 1111 x 100 which is £1,100.00. Astonishing and all as it seems.

To put it another way: if you take today's share price of 12.25p and divide it by the consolidation of 100 to 1, the comparable value with £11.11p is 0.1225p.

The share price has gone from £11.11p to 0.1225p. Catastrophic does not cover it. I don't think there's a word to describe the collapse. Decimation does not work because there are always fools to keep the tiny share price ticking over.

[goggin] 27/2/2020 14:23

Including share spits and consolations
Peak price app £40 back in 2000, ie 40p x 100 = £40
KJ -Average down if you think it will get to 30p and then go and enjoy life, time is short and no point continuing to wind yourself up over CGNR


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[vish65] 27/2/2020 12:16

Oh dear the profs CGNR/KDR rampers in residence

[mick1909] 27/2/2020 11:35

With the rate the issue shares 400p could mean a mcap of £300million it's a confetti printing share

[goggin] 27/2/2020 11:04

That’s the key -Partners, if Rio-Tinto come around sniffing,Gold in IRL vs Mining in China?

[robemy] 27/2/2020 10:45

Whilst I understand your frustrations I wouldn't write this one off just yet. 400p would only equate to market cap of just over £100m. I wouldn't dismiss that given how important gold has become of late and if you compare it to the likes of greatland gold it's very possible in the not too distant once a partner or partners are on board.

[kevjones2] 27/2/2020 09:21

A small example:

KevJones2 - 28 Nov 2018 - 11:36:58 - 9092 of 9633 Conroy Gold & Natural Resources 2011 (CGNR) - CGNR

"It took me a couple of years to cop on to exactly what's happening here. I'm down over 90% and am 100% certain I will never get it back (or even a small amount of it. I've done all the liaising with those people that I'm ever going to do - I was treated like dirt despite being polite to them. I'm just not a big enough holder.

Anyway, when I think of CGNR and KDR I think of Einstein's commentary on insanity: he described insanity as doing the same thing over and over again and expecting a different result. Continuing to believe the next "transformational" news which always "delights" the Prof, and expecting a different result is what I did for a couple of years. Anyone who continues to expect a different result is insane."

[kevjones2] 27/2/2020 08:50

Oh Goggin. Do you really want me to dig up my old posts?

[goggin] 27/2/2020 08:39

So Why are you wasting your precious time Posting KJ? KJ to save the world, all rise - ladies and gentlemen!