Member Info for carters

Also why not read your post back and ask yourself if a competent company would spend over 5 mil with no credible strategy.

@goldbug Conroy Gold were lucky to get a JV partner. If they set out all the unconditional terms you wanted there wouldn't have been a JV.

They mishandled the JV? Demir had the money. They decided what to drill, when to drill and when to walk away. What do you suggest Conroy Gold could do about that?

£4m market cap. If they announce a JV with a major it's still hugely undervalued.

I think there's a new JV coming. Maybe a few people have got wind of it and the shares are starting to move. Those that don't think so will be left behind when the announcement comes. Either that or paying a lot more to get in!

It's all going on in the background. If you wait for a new JV or resource upgrade to 1m oz you've missed the boat. This is a sub £4m market cap company.

This has been beaten down for a long time. If they are closing in on a new JV deal this is just the start of the rerate.

Really starting to move now and market cap still less than £4m. District scale gold project. Antimony can be recovered with gold at Clontibret. Antimony a critical raw material.

Yes the board should be embarrassed at the share price. They could have issued convertible loan notes at rock bottom price several weeks back so it's some consolation they didn't do that. I bet Professor Conroy would have. He had no worries about diluting the hell out of shareholders. Got to get some news out about JV soon, far too long without progress.

The target should be a lot higher than 9.5. When they had the former Barrick person on the board she said there was a lot of scope to increase the resource. Very little drilling has been done.

A bit of buying today. We know they have interest from potential partners. Big upside if they announce a deal.

It's about time they delivered some good news. Over a year since the last hopeless JV partner cleared off. Now or never to get a new partner and make some real progress.

Yeah the bitcoin thing is farcical obviously. Some manipulators made a lot of money though. CGNR could have copied BMV or PALM. Might have been a good way to pump the share price briefly and make shareholders some money.

They were too slow though. The only real future lies in a partnership deal. I think they'll get something done. Who knows what the terms will be but they'll have to take whatever offer is on the table. Without a partner there is no credible way forward and that's the end.

Time running out for Conroy Gold. If they can't get a financial partner this year with gold and antimony at such high prices they never will. They need to take any offer they can get even if it means handing over 70-80% of it.

If you look at BMV share price they've done nothing for shareholders since listing in 2016. Then they announce bitcoin in treasury and shares up 600% in a month. All nonsense but who cares if it makes shareholders some money.

Interesting use of the term pump. There are shares out there doing several hundred percent in a day just by saying they're buying bitcoin. The directors at cgnr should announce a bitcoin in treasury strategy now. Just call it complementary to physical mining like other miners are doing. This is a chance for John Sherman to deliver some upside instead of continuous decline.

I don't know why they don't just announce a bitcoin in treasury policy. Actually I don't know why every company doesn't considering everyone that does sees their sp rocket.

Maybe we better merge with Karelian. We're even worth less than them now despite the fact they have no proven resource.

If the price doesn't get to 10p then how are the investors going to get their money back? The loan notes are unsecured so management have to convince them that the price will exceed 10p.

Fundraising at 10p just a couple of weeks ago. Join the dots.