IG asking 9p for 100k of shares and 8.5p for 50,0000.
Something is brewing, m/cap still only £3.5m |
Have they secured a new JV partner ??
Happy days if so. |
One market maker has 8p on the offer, another 8.25p.
Technically the shares are still in oversold territory with the RSI sitting at only 41.
Plenty of room for upside from historic lows therefore. |
As a matter of interest here is the 5 year chart, it is pretty obvious this is an excellent entry point.
free stock charts from uk.advfn.com |
Looks like this is heading back to the 10p/12p region, the average share price over the last 5 years is around 20p ! |
Make no mistake sector juniors will deliver significant gains for investors, the time to buy this sector is now.
Conroy shares were 24p eighteen months ago, now 6.5p. |
Absolutely nothing online currently at advertised offer price. IG are asking 7.1p for just £3k's worth.
The shares have fallen from 11p in May on very low volume, were 17p last November. |
In money terms. Only 8.5k ish traded so a mark up can become a mark anywhere on volume. Most volume the past 3 month have been small sells of less than 1k |
? % tiddlers gad their last bull run 2019 / 2020. It might take tome, ie 6 -18 month but 1000% is worth waiting for as RG just said, even the the ugly will rise. |
Just £2k shares left at 6.5p, this could all so easily move up disproportionally on very small volume. |
 Stating the obvious,,,,,,,
As - indeed- Conroy has been around 20+ years,it is thus unlikely to not be around
in the coming (assumed) multi year upward Gold run.
From a situation of being totally unloved to a burgeoning - slightly liked,the
Impact could obviously be dramatic.
There is going to come a time with a potential huge change in Market sentiment,
whereby Investors in smaller Gold stocks will be cheering for fundraisings to
find more Gold - which would be potentially worth many multiples in asset value of the costs of finding it.
Thus many tiddlers will rise multiples "The Good-The Bad-and the Ugly.
Then eventually Investors will decide which are the Ugly and the Bad,leaving the Good to sail on.
Ironic,that in the Dot-Com era,some of the Ugly rose 1000 times before reality
came to the fore.
Current possible worst case scenario for Conroy,is going it alone,but then at a looming $3000 oz Gold and a Market Cap that currently values this as a Bust Company, I would certainly not be a seller before the Gold frenzy arrives.
IMHO |
Plus after all the money Dimer Export put in.Makes one wonder why they came to Ireland in the first place. Hardly for the weather: -)https://marbletrend.com.tr/en/dimers-two-stars-brown-espera-lutra/#:~:text=Dimer%20is%20one%20of%20the,the%20recent%20period%20stand%20out. |
If you look back x years the share price was nearly always higher than current |
40p the year before. If they ever start digging :-l |
Has to be worth a punt at current levels, look where it has fallen from, gold price surging and juniors starting to bounce.
18p last year. |
If only the shsre price tracked his longevity |
https://en.m.wikipedia.org/wiki/Richard_ConroyPersonal detailsBorn12 September 1933 (age 90)Dublin, IrelandPolitical partyFianna FáilEducationBlackrock CollegeAlma materRoyal College of SurgeonsComming 91 and still going strong ? will he make a move, the hole in the ground just keeps getting more valuable but that's all it is, an unknown assets and that's all it will stay until some major outfit decides to go into action. Inflation adjusted. Gold hasent made a new high which is around 3500$ / oz |
Every once in a blue moon Goggin....and only as a warning to those who haven't yet parted with their hard earned, and also to act as a counter-balance to the hopelessly optimistic fools |
When with all that knowledge, why are you wasting your life posting on a bb when you have absolutely no involvement? A complete waste of one's life :-) |
Love it when a board is dominated by negativity, always a good sign. |
This should be in the Guinness Book of Records. |
i will add...
bs continues |
lots to add: history of being a previous investor, connected on the ground in the license area, have had direct conversation with Conroy, family members are involved in Gold industry in Canada....guess some might call it experience |
Why post if u have nothing to add? |
It's unbelievable that they have managed to keep this fantasy going for 29 years.
Some people still believe!!
There are many gold mining companies creating wealth, why stick to one not doing anything but reward management? |
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