Conroy Gold & Natural Re... Share Discussion Threads

[macro6] 13/4/2020 14:06

Sound!!! Dangerous when talking about CONroy

The actual JORC gold has cost more to prove up than the gold is worth in the ground!!! Millions in wages and millions owed in wages.

This is not a gold company it’s an explorer that hasn’t found an ounce of gold in 30 years.

[silverspoon2009] 13/4/2020 13:05

Here is a BBC report back from 2014, with gold at current levels & Professor Conroy now talking about development of the mine with a JV partner, talks ongoing, one can rule out nothing.

Conroy Gold £1.7m market value seems crazy.


The potential £11bn goldmine on the Irish border

[silverspoon2009] 12/4/2020 17:37

Article from early February, the Irish Independent is pretty reliable, probably explains the rise to 18p around the same time.

Shares circa 7p now, pretty sound entry point IMO.


Mining majors weigh up Conroy Gold

[chrysos] 10/4/2020 08:11

But before blindly following broken arrow's pump, DYOR first. There is a reason it is cheap and will stay that way, unless you are lucky enough to ride one of the small temporary upsurges that are instigated periodically.

[broken_arrow1] 09/4/2020 15:52

This dog is cheap, gold above $1700oz, recently traded at 19p.

Buy while stocks last.

[craffert] 07/4/2020 09:24

it could severly disrupt their mining operations LOL

[kaos3] 06/4/2020 11:29

I am musing what effects CV19 can have on cgnr. any spontanious suggestions?

[macro6] 06/4/2020 11:25

Obviously you’d stand PDAC when you have 6 majors beating your door down for a JV

This company have took more in wages than the profit they would get extracting the gold from 30 years or exploration

New year, new mug. Research Prof Richard Conroy in google

[the_debt_collector] 06/4/2020 10:44

18p in February and can now be bought around 6p, is it worth a punt, maybe, at some point the JV chat will return and the shares will propel up.

The float is tiny, it moves fast, trade it !!

[chrysos] 03/4/2020 18:08

Nice picture of the PDAC on the CDGR Twitter feed. Maybe not the smartest move for two octogenarians to attend a conference drawing 23,000 from the four corners of the world during an epidemic.

[dozyduck] 02/4/2020 19:19

richgit - your 9689. Gold in the ground is worth nothing until someone is convinced enough that it can be extracted at a given cost, as to 'value' it by buying it. Until then, only fool investors will think it has 'value'.

[kevjones2] 02/4/2020 14:28

Unpaid placing parties? In all my years investing I have never come across a situation whereby a party committed to a placing and then didn't pay. Only CGNR....

That must be about the 25th placing in 20 years.

[glenalmond] 02/4/2020 09:16

Will the Company inform us of their current position regarding the current Covid-19 situation and does anyone know whether either of these Twitter links are official from CGNR?




Both with identical latest tweets 20 minutes ago.

[richgit] 28/3/2020 14:04

Fitch Downgrades UK Credit Rating To AA-

Arguably no surprise - but what a bloody nerve !!

We shall wait and see if they carry out their threat to downgrade the $US Dollar
but then maybe their very existence will be threatened if they do that.


Of course in the race to Print assetless Confetti- downgrading the UK to AA-
would be balanced out in reality by downgrading Europe to Junk,and then the US
to Junk+,


Welcome to most currencies about to make Toilet Paper and real Confetti far more barterable currencies whilst Gold/Silver are amongst the few assets that will offer any return of our Money over the coming years.

[craffert] 26/3/2020 14:38

even that statement is spin....."at least half a dozen" global mining companies....I guarantee that makes it 6 max, and the definition of "in discussion" will, for most, be that CGNR sent them an email and someone replied that they will look into it and get back to them.

[chrysos] 25/3/2020 16:11

Fabulous...

▪ Conroy Gold is in discussions with "at least half a dozen" global mining companies about a joint venture to develop a number of gold mines (who could it be???...

FYI The world's top six gold mining companies are:

1. Newmont Goldcorp (TSX:NGT,NYSE:NEM) Production: 158.7 tonnes (5.2Moz)

2. Barrick Gold (TSX:ABX,NYSE:GOLD) Production: 140.8 tonnes (4.6Moz)

3. AngloGold Ashanti (ASX:AGG,NYSE:AU) Production: 106.1 tonnes (3.5Moz)

4. Kinross Gold (TSX:K,NYSE:KGC) Production: 77 tonnes (2.5Moz)

5. Newcrest Mining (ASX:NCM,OTC) Production: 76.4 tonnes (2.5Moz)

6. Freeport-McMoRan (NYSE:FCX) Production: 75.9 tonnes (2.5Moz)

▪ Conroy's share price has risen 160pc since the start of the year.

▪ The company is looking to a joint venture to finance and develop at least three gold mines.

▪ Conroy has invested up to €19m on developing the project to date.

"We have something that could be very big in international terms, this is a major find and that has been recognised in industry terms, and it is now being recognised on the stock market" Conroy said...

Fearghal O'Connor, Irish Independent.
February 09 2020.

"Conroy Gold’s in-house concept studies have suggested that its Irish licences could host 15-20Moz of gold": Shore Capital 2012.

Lipstick looks superb on a pig.

[goggin] 25/3/2020 09:18

Ah, but what a lifestyle

[craffert] 24/3/2020 22:39

Only problem is that CGNR is a lifestyle stock rather than a gold stock

[goggin] 23/3/2020 15:10

RG -agreed, when the money printing stops and the financial wizards have emptied their wallets gold will come back with a major run. However, in the short term, it will follow the market down and up as panic spreads. This could be long term, very Long.
In the short term who knows what will happen. In the long term, gains in gold stocks will be in the order of x10 - my opinion only, others will have a completely opposite view to which they are completely entitled.

[chrysos] 19/3/2020 19:21

@richgit
Absolutely, so invest in real gold mining stocks or bullion, not pretend also-rans riding the sentiment coat tails. Conroy is to gold what UKOG (Leni Gas) was to crude (remember the Gatwick billion barrels? That is the Clontibret 20Moz IMPO).

[richgit] 19/3/2020 14:07

As most Investors should realise-

The $Dollar isn`t strong because it is considered any safe haven.


Once the $Dollar starts collapsing again over the coming months the ludicrous
Paper Gold Market Manipulations + Fraud will lose all control to the Physical Gold Demand Market,as demand soars more and more

Shortages already for those that Buy Silver Eagles etc,with premiums far above
the fake "Paper" prices -and eventually that will be for those that buy Bars via their chosen Vaulted source


Investors should grab some chosen Gold/Silver Bargain Stocks before it is too late.

Those would have us all meet their imposed serfdom,are stealing Physical Gold and Silver whilst the World`s joe bloggs are unawaringly sleep walking to disaster.



Many Gold Cos will be the New Gods of real Money when the &Dollar starts to lose all trust as an IOU.



IMHO

[chrysos] 19/3/2020 09:58

So we are heading back at the 5p average of H2 2019.

It might seem to the cynical that the recent 18p spike was engineered simply to get the placement away and so guarantee next year's directors salaries.

As for all the talk and interviews, NOTHING seems to have come of the "imminent" JV partners, nor of the bullish statements following last year's PDAC.

Indeed nothing new even from this year's PDAC and certainly nothing new on the technical, mining, geological or resource front.