Conroy Gold & Natural Re... Share Discussion Threads

[kaos3] 18/5/2023 13:38

ok i will

BS

[lawlorn] 18/5/2023 13:31

New here. I can see Demir potentially talking private rather than dealing with shareholder pressure etc from Conroy. If that happens, early exit with big premium! Discuss....

[goldenshread] 15/5/2023 14:55

Interview coming.

[lefrene] 15/5/2023 10:34

Possibly because the sample is tiny?

[inthemix] 15/5/2023 10:17

One trade doesn't seem right after that rns, is my app playing up?!?

[robemy] 12/5/2023 16:25

Lol, a placing for what exactly? The Jv partner is paying for pretty much everything

[trader465] 12/5/2023 15:24

Yes another placing RSN must be due soon

[inthemix] 12/5/2023 15:21

Has to be a news update soon.

[robemy] 04/5/2023 12:20

Who knows but with gold continuing to rise over $2000/oz it's an amazing risk/reward ratio here.A 40 mile gold trend for under £10m

[m1sterx] 04/5/2023 12:12

Is this the next high % mover ??

#knowthegame

[diamond_mountain] 26/4/2023 21:11

It's not for them. Robemy and I are old chums and I'm well aware they will not be persuaded.

[thecynical1] 26/4/2023 15:03

Diamond - not sure there is any point trying to point out facts to the true believers.......they will believe what they want to....... ; )

[diamond_mountain] 26/4/2023 13:19

Of course I am. It's a selective high grade quartz sample.

[robemy] 26/4/2023 09:30

You're obviously ignoring the latest quartz vein 123g/ton results

[diamond_mountain] 26/4/2023 09:07

Really? What are the other options for low grade refractory ore, and why then has the company not spoken about them and only referred to BIOX treatment?

[robemy] 26/4/2023 08:53

Lol, using cyanide on site is just one controversial option, hardly a show stopper

[diamond_mountain] 25/4/2023 23:04

Your post refers to Dalradian having to drop plans to use cyanide, CGNR will have to do the same which means they don't have a project. Your numbers are way off.

[murphy2000] 25/4/2023 19:14

Dalradian
The £750 million dividend
We're spending more than £750 million to build and operate the mine. That means a host of supplier opportunities across Northern Ireland – West Tyrone in particular.

Dalradian has been working with fifty small businesses from the villages closest to the project, and another 450 suppliers from across Northern Ireland, for the past thirteen years. This existing network includes hardware stores, construction companies, hauliers, accommodation suppliers, mechanic workshops and graphic design studios. While doing all this - now 2023 and they still are really no further along
However
CGNR is busy drilling
Other companies have obtained gold prospecting licences for several counties in Northern Ireland and the Republic of Ireland, including a site in Clontibret, county Monaghan, said to hold about 500,000 ounce
After spending £130m exploring the site it submitted an application for a mine and processing plant in 2017, later revising the application when it dropped plans to use cyanide. The company posits hundreds of jobs, a £750m lift to Northern Ireland’s economy – and clean practices to protect a designated area of outstanding natural beauty.
If we work on that basis -if after costs - gold at $2000-$1400 operating costs = $600 / oz. Working on the basics of 500k oz, (cgnr says there is much more there)
500k x $600 = $300 million, if cgnr is in for 40% then that equates to $120 million - implied share price then 300 pence
With a market cap of less than 8m, unless Demir are complete fools, something doesn’t add up and according to Dalradian their project is worth £750m and they haven’t got a bean out of the ground. Where do you think if you were them, what would they do? Follow the money or in this case the Drilling - your choice - it’s now a 2 year play!

[grimreaper2019] 25/4/2023 15:56

New interview today at Mines & Money

[kaos3] 20/4/2023 10:04

it is all about IT - can you not see it - thecynical1

one just has to open his or hers or its eyes

[thecynical1] 20/4/2023 10:03

holycow....try specsavers.....

[thecynical1] 20/4/2023 10:02

you are going to confuse the believers........

[kaos3] 18/4/2023 09:15

i can almost feel it

[kaos3] 18/4/2023 09:15

pure - it
not maybe
not would

but

very clear defined it

[kaos3] 18/4/2023 08:58

almost alchemy of it