i have not buy any this morning - if any one interested |
Taken a few this morning, looks ok here. If JV does land then will do very well. |
I have doubled my holding here over recent sessions, the share price is in the gutter, a near 4 year low, it is only going one way, UP.
I can see 15p coming soon enough near term, the stock is so tightly held only a trickle of buys move the needle significantly.
You can either watch the rise back to 10p+ or sit back and watch.
Buy low sell high, not so long ago CNGR was trading at 40p |
Barrack won't be wasting their time with CGNR - in your wildest dreams CGNR don't even have enough gold to move the needle for Barrack...he has already been jilted twice by so called partners so you can be sure that the next well meaning small/mid sized partner will also drop them like a stone after DD. Oh and that's the best case scenario, as CGNR are also running out of cash. again. Placing in the next 3 months is more likely than a partner. |
bs continues |
Very hard to buy now. Can't even get an online quote. |
Things are certainly looking promising.
This could easily jump to 50p+ on JV news! |
Has the wily old Prof secured a new JV partner, no-one ever thought he would get one in the 1st instance but secured a Fortune 500 company in Demir Export.
Can he get Barrack or another major 2nd time around. |
Premium being asked for just £2k of share right now !
This could easily hit 10p+ today, RSI is still in neutral territory meaning plenty of room for upside. |
JV news is due |
I would imagine most holders are in well above 12p given the historic average price over the last 5 years looks to be around 20p.
Clearly it is exceptionally hard to buy in any size around current levels therefore one could argue the current share price is false and the market makers will quickly move it back up.
Good luck trying to get any shares, anything under 10p is a gift IMO. |
This will hit 30p or even 40p if they announce a new JV partner.
Even then the m/cap would only be £14m/£20m |
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. |
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