Conroy Gold & Natural Re... Share Discussion Threads

[craftyspeculator] 08/7/2024 15:16

You could write that logic every year over the last 25 years Flughafen17...your entry price will be OK if they get some good news to cause a spike but you can be sure it will drift lower if they make it through to 2025

[flughafen17] 08/7/2024 14:48

Taken some this afternoon, a great buy in price IMO.

The major shareholders will not allow dilution at current levels IMO, the last funder put in £300k at 13.5p another put in £100k at the same price, in June 2023.

If the rumours of forward selling are true then they need to watch it as these individuals could get seriously burnt.

[goggin] 08/7/2024 14:19

10p on the 20th May, interesting times ahead, last major bounce was a factor of 10, toped out at around 40p, time will tell if we repeat

[craftyspeculator] 08/7/2024 14:13

yes that's right richgit...you do realise that in your apocalypse now scenario the only gold worth having will be nuggets and coins...shares (IOU's) will be eviscerated as every government would either nationalise (confiscate) or make private ownership of gold illegal. So even in your best case scenario, there is no point in holding CGNR. Placing inbound by the looks of it to keep the lights / lies on

[broken_arrow1] 08/7/2024 14:12

They are asking a pretty large premium for just £3k of shares right now, the RSI sits at a 5 year low and the stock is heavily oversold.

For £5k they want 5.5p
For £7k they want 6p

Current advertised offer is 4.5p

[goggin] 08/7/2024 13:44

News due 50% drop and no comment from the company on relatively low volume? Unfortunately the basket case brigade could be correct

[richgit] 08/7/2024 12:03

Interesting times.

Gold hit $2400 on Friday.

Monday they think the Gold rally is over as sells enter Many Gold stocks,but then
Margined Traders spend their lives being Dictated to by Margin calls.

I daresay those that think it`s over,will still think it is over when
Gold goes through $2500.


I would expect, now Starmer is in Control, that the FTSE 100 will collapse
in 18 months when reality Hits - with potentially riots in the Sreets in 24 Months.

The World has gone Mad,along with endless production of unpayable Debt !!

No wonder some want their Gold returned from the UK (if it still exists !?)


IMHO

[vish65] 04/7/2024 08:58

One2go no need to bash Conroy . The Prof is doing good job at it himself. Just look at the long term chart.

[vish65] 04/7/2024 08:51

Broken arrow you really should be change your handle to broken record.

[broken_arrow1] 04/7/2024 07:20

Very little stock on offer this morning, looks a good recovery bet.

[one2go] 04/7/2024 07:08

Bashers in abundance this morning must mean they are trying to protect short positions, funny how some of these individuals only post during market hours, wonder what brokering house they work for.

Forward selling crooks the lot of them.

[trader465] 04/7/2024 06:54

“craffert3 Jul '24 - 20:45 - 11631 of 11632
Prof was telling me in 2006 that he could see Barrick as a future partner and that a mine would be built within 2 or 3 years”


And you were gullible enough to believe him for 18 years, and even worse, hand over your hard earned money this senile serial crook?

I’ve a better investment for you…
I have invested in 5 metal detectors, these machines can detect gold as deep as 2000m, not only that, they can tell the grade too. If you want a 49% stake I’ll sell it to you for £1m, then, this time next year Rodney….

[diamond_mountain] 03/7/2024 22:51

I always love reading the made up reasons why Demir quit the JV. Flughafen says they wanted to explore more. Obviously not! If they wanted to explore more they would have followed their money and increased their stake in the project. Results were rubbish, they left. It's that easy. Project is in tatters, noone is coming. Eyes open.

[craffert] 03/7/2024 19:45

Prof was telling me in 2006 that he could see Barrick as a future partner and that a mine would be built within 2 or 3 years

[doddman] 03/7/2024 14:37

Up to you. I'm not linked with anyone. I lost 90% on this share before I bit the bullet. Maybe this time will be different but Conray does nothing but sample drilling and then placings. Good luck.......you'll need it.

[one2go] 03/7/2024 14:37

Gold up $30oz !!

[broken_arrow1] 03/7/2024 14:29

Looks like there are just 25,000 shares left at 6p, the next quote is 6.5p, for larger size they want 7.2p.

[flughafen17] 03/7/2024 14:22

The bears who have recently surfaced again (yes they are probably working for some shady broker) were totally wrong when they were suggesting Conroy could never secure a meaningful JV partner, well he secured a Fortune 500 JV partner that threw in 5m Euros

The reason why Demir (the JV partner) left has been well explained, it was not due to the lack of gold, they were slow, wanted to explore more and had political issues in Turkey concerning them.

The Prof says he has had interest from new prospective partners but he wants to secure a large company, a major, elsewhere it has been suggested Barrack may be the one.

The current share price is a great opportunity to enter here around record lows, this stock moves fast, it was trading above 20p in Q2 last year.

I have added.

[richgit] 03/7/2024 14:00

Lol,

I have never been wrong about Gold,I said buy it at $250

None of us know what will happen with Conroy,my holdings are purely based on -
they have provable Gold and potentially - a huge amount.

We all find out sometime this Year- and I would certainly not bet against
Conroy`s "Gold ",but then that is only my opinion.


At some time ,later this year, it could be Gold anything in demand,so can Conroy
surprise in readiness !?


You or I do not know.

[craffert] 03/7/2024 11:09

God help your wit Richgit...just transfer me your savings...would save you the optimism pain

[richgit] 03/7/2024 09:59

There is potential to make very serious gains fom Gold related stocks,for the those
that know the real facts and don`t just follow some useless Chartists or so called Gold Gurus that have no real clue.

Judging by the unprecedented levels of undervaluation, related to the "Physical "gold price and where it is ultimately heading, in virtually all Gold related stocks-those already too Rich parasites that truly know what is going on in our
Crazy World of War mongering and Fiction Markets,headlined by a US President that has advanced Dementia- overseeing the organised melt down of the USA, are buying Physical Gold and Major Gold producers at ludicrous Discount,whilst others merely
bunji-jump with leveraged Momentum Trading.

I don`t know any more than anyone else as to whether Mr Conroy truly has Potential
Investors etc -lined up.If He has then that will obviously take quite some time to
put together,as the Market will not accept anything but irrefutable fact.

I certainly agree with His view that Conroy now needs to somehow get on with plans of getting into production,with some drilling to fix Investor attention !!

As I believe Gold is merely in the early days of gradual breakouts to levels most
do not imagine or understand,then I hold Gold anything (within reason) on a risk reward of truly unloved stocks- which includes my Holdings in some Majors that will rise multiples over the times to come.


Conroy has Gold-and potentially huge amounts,whilst so many other Gold cos will
be screaming for more Resources when those unloved Gold stocks start catchup with
their obscene undervaluations.


Choices and Decisions- for Myself "Conroy has Gold" so remains in my Portfolios.


I would suggest you all take a look at buying some Majors (unleveraged)
and a smattering of stocks like Conroy-Landore etc etc that "could" offer returns never imagined,whilst some will fail 1 true winner will totally wipe out other losses.


IMHO

[doddman] 03/7/2024 08:19

Lol your trying to use charting techniques on aim share. There is not enough volume and noone has built a holding at this level. My analysis, a placing is coming and shares will fall 33% in the next month. Let's see who is right. A CGNR share to the winner.

[flughafen17] 03/7/2024 07:36

The RSI hit a 5 year low yesterday, looking back at the historic data it seems the share price has bounced, sometimes significantly, when the RSI hits the 35 area, yesterday it hit 22.

Yes it does look a good opportunity for a entry point in my view.

[kaos3] 03/7/2024 07:08

cgnr is one of the best shares ever - for educational reasons

one of the bullets i learned .... such operators have to have operations at home. no chance of doing it in such a MO far away

hence the difference to korelian or however it is called

bs continues