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I don't know how they did this. No RNS to announce the the drill programme and then suddenly out of the blue they are drilling? Where's the application to the Irish authorities for permission to drill? I couldn't find anything. This is bizarre.

Ortus I've wasted huge amounts of time on this company. Go back 18 months when the JV with Demir ended and you had them saying that there were queues of people lining up to do a JV. Over 18 months later nothing but the same stuff about talks continuing.

The stuff about drilling is just a fact. The presentation can say what it likes. There's been no RNS to confirm what date drilling will start because there isn't a date. Nothing happens quickly with this lot.

I bet if you'd been waiting for something to happen for 18 months you'd have a bit less enthusiasm.

Oh dear Ortus. You turn up out of the blue and start lecturing me on Conroy Gold. I know all about Conroy Gold and I know 100% they aren't drilling.

Are you for real? There is absolutely zero chance that drilling has started.

If they were drilling they would have provided details of when drilling started, the targets, how many holes were being drilled, how many metres etc, etc.

This is all old news apart from the TR1. I think he must have bought more when he realised he was already 20% down from the last placing.

There was no mention of them applying for strategic project status in the latest EU application process. It isn't happening.

Wake me up when they start drilling or there is some sign of progress in the never ending JV talks.

They had all year to plan a drill programme and get things moving when they got funding. No evidence from the results that drilling will be happening soon. It's incompetence in my opinion.

£2M market cap assumes none of the results are any good. Copper, gold, tungsten. Any of them are good and it's a joke valuation.

Another question for you Goldbug if you are still a shareholder. Why did the last placing get away at 10p with a 4 month lock-in? It doesn't seem to make sense with the fall in the sp.

Are you still a shareholder Goldbug? Why not sell if you think they have zero chance of a JV?

"Proposed restructuring of significant debts to current and former Directors agreed subject to Shareholder approval at the Company’s forthcoming AGM. The proposed agreement is an essential step for attracting new investment in the Company to advance its “Discs of Gold” project."

AGM in a few weeks time.

Ryan Matthiesen of Haywood Securities? Specialist knowledge of the resource sector. M&A advisory specialists. Strange person to get involved without good reason.

What did Conroy Gold tell the North American investors to secure funding at 10p? Nearly 2 months of silence. Either something is happening behind the scenes or the new investors are mugs.

One thing that cgnr have been very successful at is killing all interest in the company from PIs. Quite an achievement in the middle of a gold boom. They said earlier in the year that they should have a deal done by the end of the year. They said they weren't interested in waiting for the best possible deal and they just wanted to get something done. Well that's fine by me. JV, sale, whatever, they need to stop wasting time and do the deal. Hopefully the new investors will force their hand.

If North American investors were prepared to put in the money for the last placing maybe they are organising the outright sale. That might have even been the reason they got involved. They buy in at 10p and arrange the sale of assets for 20p say and job done. Maybe cgnr retains a small interest of 10% on a free carry. At least a new team might get something done with gold over $4000/oz

Opportunities on 3 fronts here. Copper results, gold results and then some Tungsten results from trenching. All carefully selected targets. If any one of them are good it makes the current share price look ridiculously cheap. There definitely looks to be some concerted effort to keep the shares down. It's very odd.

Final results next week. They'll have to say something about what they're doing. You can't raise £2M and then go silent. I bet the new investors know a lot more than we do.

How many mills have wsbn got up and running on their £26M market cap?

Compared to GGP? What are you smoking? I'm comparing to Wishbone Gold. A company worth more than ten times as much who have proven up absolutely nothing.

GWMO. Sub £2M valuation with a very large area of anomalous copper at surface over kilometres. Copper and gold drill results to come.

Wishbone Gold market cap £25M and was a lot higher than that a few weeks ago. No assay results to justify that valuation.

Doesn't m

You're not the only one who's had enough of this. My belief is that they're in JV talks and possibly not too far from a deal. I can't think of any other way they could explain the total inaction to the new investors.