Conroy Gold & Natural Re... Share Discussion Threads

[capt 69] 13/12/2021 08:54

Huge drop on its way. Watch and learn.

[diamond_mountain] 13/12/2021 08:53

Shameful speculation on that podcast by the chairman of a public company. Avoid.

[syndon] 13/12/2021 08:49

excellent start to the week, 15% up Monday morning (46p ask). Securing those 50p warrants this week looks bang on the cards. £5.1M in Warrants at 50p
£10.2M at £1.

[swingbysome] 12/12/2021 22:31

Sunday Roast , Podcast with Professor Richard Conroy on CGNR future
Worth a listen to it if you haven't a clue what CGNR are all about .
WWW,audioboom.com/posts/7995019-the-sunday-roast-with-professor-richard-conroy-chairman-of-conroy-gold-and-natural-resources

[daren1gold] 12/12/2021 12:37

hxxps://audioboom.com/posts/7995019-the-sunday-roast-with-professor-richard-conroy-chairman-of-conroy-gold-and-natural-resources

[mpd12] 12/12/2021 00:50

Well that STILL values the company at 25,000,000 Euros [21,300,000 pounds].We both know that it will shoot a lot higher than on speculation alone. Try to have a nice Christmas. I'll sell this 'dud' for at least twice the price it's currently trading at. It will be a great Christmas for me for sure.

[robemy] 12/12/2021 00:35

Oh dear Fraggle Rock, give it a rest old chap.

[aimturbotrader] 11/12/2021 21:15

That last post is absolute drivel. What a complete waste of 20 seconds of my life. Ignore these bizarre and misleading posts.

[diamond_mountain] 11/12/2021 19:39

Syndon, the published Clontibret resource is half of that figure, and all the talk of 15-20M ounces is pie in the sky because it is not substantiated by any form of compliant technical report.

Only on AIM it appears a company and its directors can circulate such overstated speculation in such a way that investors start to believe it as fact. In other markets reporting codes are enforced to protect investors, not here. That's not being negative, that's just an observation on what is happening.

Seems people are relying on Demir's backing as validation of these projects, and anyone who questions the hype is denounced as a deramper and obviously not as smart as Demir and all their due diligence. But Demir's not like a listed company where you can see the track record, understand the financial success and the skills of the commercial and technical teams. Being owned by a rich family seems to be qualification enough for some people. Not everyone shares that level of trust in the unknown.

The proposed JV values the project at €10M for 40%. CGNR are apparently giving away a massive amount of the pie if they truly believe in multimillion ounce potential (which it so happens they have left entirely undeveloped for years and years).
This is a rescue for CGNR - without a deal they're in trouble, no doubt about it, just read the accounts. They get €1m in the bank when this deal closes, that won't last long and doesn't cover liabilities.

Eyes open.

[enter] 10/12/2021 17:45

I wouldn't give it a B-. This is real desperation stuff.

[syndon] 10/12/2021 17:29

Notice how Cap69 is unable to substantiate his claims and is reduced to spouting rhetoric we often see reserved for ppl trying to ramp a stock, however cap here has decided on a novel approach to deramping, suggesting that the MM's here are 'playing games' in increasing the share price rather than driving it down. A strange take but you get a B- for effort

[capt 69] 10/12/2021 16:47

IG showing the true value at 32p. Not 38 don't be fooled by mms and their games. Teens next week

[enter] 10/12/2021 12:10

Diamond and capt are sad individuals. Demir have been in the mining game a long time and have huge financial backing from a very wealthy family. I think I'll trust their judgement rather than a couple of anonymous posters!

[panadin] 10/12/2021 10:05

Capt69; not ramping, but wondering if you could share your insight which seems to be reach different conclusion to that of Demir, a multi-million Euro company which has conducted extensive due diligence over a considerable period. its only 10 days to the EGM so we will know more then.

[syndon] 10/12/2021 09:32

Haha, our man Cap seriously just said "no good news on the horizon", well, let me retort. 1M+ ounces of gold on only 20% of Clontibret JORC-resource target with a projected estimate of 15-20M ounces among other potential targets across the region; JV about to be concluded with a fortune 500 company; at least 10M finance granted by Demir on completion of deal for phase 2 expenditure. So all-in-all, sounds like absolutely amazing news on the Horizon and a truly transformational moment for CGNR. The EGM in just 12 days time. It's gonna be a very Merry Christmas indeed for holders.

[diamond_mountain] 10/12/2021 08:38

Balance sheet is in a terrible state and the placing is inevitable to continue to cover lifestyle costs.

[capt 69] 10/12/2021 08:36

Back to the teens for this one. How can anyone ramp this ... no good news on the horizon just placing and dilution

[syndon] 08/12/2021 15:40

Cgnr risen almost 100% since beginning of the month so some profit taking is to be expected today and good luck to them; for the rest of us that are here for the big re-rate following conclusion of JV these minor fluctuations are of no concern.

[capt 69] 08/12/2021 15:14

Unfortunately you are all locked in now. You wont be able to sell as the share crumbles

[diamond_mountain] 08/12/2021 13:43

I see you mention the Clontibret NPV of US$72.3 million (glad someone else sees value in posting some facts from time-to-time). So how do you arrive at a £4 share price when the proposed JV sees CGNR owning less that 50% of it?

[johny cash] 08/12/2021 11:28

You can have mine for 100p if you want.

[syndon] 08/12/2021 10:38

42 ask is here. Derampers starting to flock here now, weeping that their futile efforts cannot and will not stop this train to 100p and beyond; possibly even by the years end.