Conroy Gold & Natural Re... Share Discussion Threads

[kaos3] 23/5/2022 12:06

BS continues

[axonic] 14/5/2022 08:57

Thanks Robemy, can't understand why this has such a low mk cap.

[robemy] 12/5/2022 10:37

The project follows on from two successful drill holes completed in the area last year, which resulted in over 1m ounces of resources being excavated.??https://www.irishexaminer.com/business/companies/arid-40865225.html

[goggin] 10/5/2022 07:56

Conroy Gold & Natural Resources Company Financial InformationPrev. Close 32.50Market Cap. 12.76MShares In Issue 39.26M

[axonic] 10/5/2022 07:30

A very interesting interview with Prof Conroy I thought. This really has to re-rate soon. GLA

[robemy] 08/5/2022 22:30

Should be over £1 already before these drill results come in. It's an easy hold for me and I'm ready for the market to wake up.

[richardjohn10] 08/5/2022 20:56

This will rerate massively this year. It should already be 40-50 MCAP now without drilling results.

[robemy] 08/5/2022 19:45

https://audioboom.com/posts/8079816-sunday-roast-site-visit-special-with-bens-creek-aim-ben-and-conroy-gold-aim-cgnr?fbclid=IwAR0p0UgH0eILCokGZoJQ33zWNrsrXw_8xJPUmtvqsDXAY_B4tTqYaH-R-U420 minutes in - definitely worth a listen

[robemy] 04/5/2022 21:54

A maiden 3,000-metre drilling programme under the new JV is set to commence later this month, which we believe could lead to results being announced in May/June. This is just the initial stage of what is projected to be an extensive exploration and development JV programme funded by Demir.https://www.conroygoldandnaturalresources.com/sites/default/files/2022-04-07%20FEQ_Conroy_Gold_and_Natural_Resources_CGNR.L_TP_168p_Buy_.pdf

[richardjohn10] 04/5/2022 18:45

Yeah some big moves coming. Let the haters hate.

[diamond_mountain] 04/5/2022 09:13

Vast went from a fraction of f-all to just about f-all. Not a meaningful comparison. CGNR is already up 200% since 2 years ago.

[goggin] 04/5/2022 08:35

Conroy Gold & Natural Resources Company Financial InformationPrev. Close 32.75Market Cap. 13.15MShares In Issue 39.26M

[goggin] 04/5/2022 08:34

Slow burner but big reward to the patience - still only a tiny market cap compared to potential. Vast resources went 400% plus yesterday on a very tight squeeze, it this were to happen here, who knows where the price would go

[robemy] 04/5/2022 07:49

Drilling underway at Clontibret (as per todays RNS). Would like to think we'll have some results late May or June

[robemy] 30/4/2022 21:58

The bashers are out again spouting the same negativity. Excellent !

[diamond_mountain] 30/4/2022 16:58

CGNR's 8.8Moz "exploration target" is pure fantasy, deposits haven't even been discovered yet never mind the cost of drilling them up.
Even 1Moz at Clontibret is unlikely in the near term as that is double the current resource.
If drill results don't go to plan it's Demir who will be looking for an exit strategy. Getting an open pit, cyanide based operation up and running in Republic of Ireland countryside is a very long shot and the market knows it.
Demir won't be buying CGNR equity, why would they?

[chrysos] 30/4/2022 12:18

Dalradian drilled 170,000m for ~6Moz @ ~15g/t. At the 2.5g/t current grade, that requires 6× the metres per ounce. For 8Moz promised, it is 8× the drilling or 1,360,000m (over €150M at today's prices) of which this first 3,000m is just ¼ of one percent of the necessary. With ten rigs flat-out at 20m/day that is twenty years drilling.

Long road ahead. This will have to start off quite small, around Clontibret on ~1Moz, at least for the first ten years which I gather was always the plan?
I imagine this project will change hands a few times more as it progresses.

Remember that Demir, as a PE company, have no duty to report anything, and zero interest in CNGR maintaining equity. I imagine they will try and hoover up any CGNR shares at arms length as cheaply as possible, as well as extra project equity through secured loans, increased commitments, dilution etc.

Demir are NOT the CGNR shareholders' friends in this, why would they be? So ride the rollercoaster, with an exit strategy, but that's not a world-class gold mine in the next 10 years!

[kaos3] 29/4/2022 21:02

bull sheet continues

[robemy] 29/4/2022 17:21

Lol, yeh, just a plain old bit of quartz with gold in it, common place around those parts

[diamond_mountain] 29/4/2022 16:58

It's a piece of rock robemy.

[robemy] 29/4/2022 16:07

https://twitter.com/RoastPR/status/1520044937907212288?s=20&t=XZxlhD-zrJNJFmITCH_9ewIs that a nugget from Clontibret in his hand?

[goggin] 27/4/2022 10:39

Interesting weeks ahead, the clock is ticking

[guyswonga19744] 14/4/2022 11:52

cheeky little diop today on low volume have some cash if they dip it below 35p to buy Busy 6 weeks ahead here

[diamond_mountain] 13/4/2022 23:55

Delighted for you AimMafia.

[aimmafia] 13/4/2022 13:55

https://t.me/+q3g5WKG6H-MyMjBk telegram group - Mc Mining. Looking for another met coal play? MC Mining Massively under the radar. Met Coal Producer. Will do 300 - 400 percent near term.with average coal price averaged more than $200, expect a significant amount of profit this quarter. Minimum 50k tonne at $100 profit is $5 million per quarter.with such a small mcap, this will fly current market cap only 12 million.