Member Info for copter

Near had a heart attack when that RNS just popped up as i finished reading your post :)

There is nothing wrong with reporting what people on the ground see, no laws broken & whilst I agree that all board comments, inc. this board, should be viewed with caution book5 has been pretty spot on to date. As to when actual 'game changing' news will be announced there is only one person who knows that and that isn't book5 from ADVFN. GLA new & LTH's.

Book5 heard rumours, toll mining material will be processed at El Limon facilities, only 1h15 mins by car from la India, which is much closer than La Libertad (more than 4 hours away) .
El Limon facilties are relatively closer to the current hurracaine path.
Wind speed are going down now, all should be ok for CNR.

Been there with you ISA, one near totalled me (XEL) the other wasn't far away but lived to tell the tale

Quote:

Some villagers have lost their jobs, they wrote a letter to cnr, they want jobs, they may get them back after the 30 of September when apparently cnr will get the deeds of a piece of land. I don't think law makes it compulsary to cnr to accept them back on its land, but it should help....law says one 1% of land may be offered to artesanal miners if the company agrees with it.

Company is negotiating with a cooperative of artesanal miners to buy their land.

Great & happy to see internal support but probably means no 'game changing' news for a month though! Maybe final land acquisition as that could come at anytime?

I have been given more details.
-within the India pit, only two land owners need to sell, they own lots of land, i.e. majority of the remaining 15%.
-within the India village, but outside the main India pit's footprint, several small land owners need to sell.
Lawyers keep visiting the owners.
Villagers positive mine will go ahead.

Loved the quote 'Our all in sustaining cash cost is under $700 an ounce so this is going to be a cash machine' Jochen's response so it would super profitable :)

Alwaysone, but all gold stocks are not down all up between 3 & 12% respectfully. Most metal CO that i am following are also all up. Seems odd but not complaining, been here before & no doubt will be again until that Fat lady sings.

Correct if i am wrong but Purchased 85% of the Land Within the Permitted Mine Site Infrastructure and Advances Engineering Studies; were we not at 50% of land purchased a few months ago? If so that to me is a massive step forward. OK 15% left to go but reported progress.

Great summary: I hadn't picked up on:

Interesting comment was that CNR is currently valued at 1.5% of the gold price in the ground, whereas a more usual valuation is between 3 and 8% of gold - i.e the market cap value should be (at the very least) double what it is now. i.e 50p SP should be £1 even as it stands right now with no further progress.

I also liked that he pointed out had they have entered into an agreement with Calibre & put in place XYZ, in his words they would have been stuffed; correct me if you read that differently. All ducks lining up & good job as have no more money to invest at present LOL.

It's all coming together on the ground, final sentence !

Munchbox54 The day is not done yet, fingers X'd

Aug 10 2020, 16:28 55.49 3,927 55.00 56.00 Sell £2,179.0923 - Final top up this year, love that they listed it as a sell.

I would say 70-90p range but i am not a technical chartist, just use peaks & troughs method.

Simms45, I wish to thank you as i was dithering until your post below, placed a top up to my ISA for 4958 shares & must have got the last 55.9 trade as straight away ticked up to 56.9. 63 would put about even doors after 10-11yrs here & with all the potential news here happy to add again on any dips; if they come.

Now available @55.9 @ HL, should have had them @ 54.67 this morning but work distracted me LOL.

Cant even get 250 and after nearer 5000 mmmmmmm.

Cant buy any on Hargreaves Lansdown.