Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Wide gold intersections. Near surface. Ideal for open pit mining.
So name calling is your response to being challenged on the quality of the results. Not surprising. The market response says it all.
Oh dear the fools are getting worried. Their sad campaign against cgnr is going to fail. There is a lot of gold at Clay Lake and we are starting to see it now.
Fail to see how anyone could be happy at all with 7,000 metres of drilling with hardly any economic intersections to show for it.
Why would they be "very happy" with these grades fairview?
Moleman's drivel and warnings to new believers have come through for 3 years now. I am glad though I got out at 4000p with a small loss, many many years ago.
load of *******s from moleman as usual. another bitter fool. meanwhile i'm sure demir are very happy with what the are seeing.
It's been a broken system for some time now but having a nomad sign off on the company's statement that these results are "excellent", and not provide investors with any meaningful context for the results is symptomatic. Anyone on here who thinks sub $20 grades are any good is deluded.
Prof still on the Blarney I see, talking up lowly results to keep hope dangling over shareholders.
The Irish gov get money for issuing licences. It is no skin off their nose to let someone run around and drill some holes. When it comes to mine permitting though, they will never be allowed to dig up enough green fields to make economic extractions at these grades.
There's been a number of wide intersections at Clay Lake now. All looking good for 2024
Absurd that they report grades using a 0.3 g/t cut off. That's a completely arbitrary and uneconomic level. Equates to only $20 per tonne at current gold prices, even before taking refractory gold recovery factors into account. Non starter.
"the longest continuous gold intersection in the British Isles" is pretty meaningless without spatial context. You can drill a 2m wide lode zone down-dip and get a 100m intersection. Peer companies generally provide maps, sections and technical reports etc. on their websites. Not CGNR it appears.
Although I have lost £100k plus in CGR/CGNR......(my worst share failure by far).....and having continually expressed general negativity and suspicion since on here,.........I have to admit that I have been encouraged today by his words
("world class" and largest British Isles bit):-
Professor Richard Conroy, Chairman, commented:
"These excellent results re-affirm the potential of the Clay Lake gold target for both high tonnage and overall gold content and taken in conjunction with the sheer size of the target indicate that the Clay Lake gold target could be, in the Board's view, of world class significance."
Still hold a small bit for the whatever........have visited Clontibret......not overly impressed there......but Clay Lakes???
80m intersection of gold at only 30m below surface. Great stuff. This is all adding to the picture of a very large gold deposit. Roll on 2024.
That is what we expect from you....i guess Demir must think the same!!!!
Such low grades are meaningless unless they can demonstrate that grades as low as 0.3 g/t are feasible. Presumably refractory like the rest of the district. The only reference we have is the Clontibret resource cut off of 1 g/t, which is already very low for refractory gold.
Rubbish.
Thats great news just what we have been waiting for Good job Conroy Gold and of course Demir Export for the j.v and drilling.GLA happy days
Wait for phase two in March with the JV - big year for the professor next year! IMO
Pretty wide intersections at very shallow depth.
I would love them to drill deep when they have enough data.
Good news being stored up for before the AGM in a few days?.....Time to get in before the crowds descend....
Open goal for cgnr with current gold prices if they can step things up a bit.
Meaningful results is what they are waiting for. 7,000 metres drilled and hardly any meaningful intersections reported (decent widths over Clontibret cut off grade of 1 g/t). Two years into the JV it's unconvincing.
Well I don't think it's unreasonable to be expect drill results every couple of months from now on. A dozen holes every time, not 1 or 2. Why not? What are they waiting for? Surely all the soil sampling and trenching is done.
Oh at least 12 I'd say - not that we'll ever find out about the drill results, lol
I wonder how many rigs are drilling? There were 2 at Clay Lake. There should be rigs at Creenkill and Glenish too but I don't know if there are or if the Clay Lake ones will move there.