Member Info for DeathStranding

Worth nothing in the ground bud.

Well with AAZ pulling out after DD, Demir walking after €5m of exploration failed to add any resource ounces, and London investors clearly believing that Clontibret doesn't work, CGNR shareholders must be hoping that Marion's enthusiasm for the Fosterville model of a high grade non refractory deposit somewhere deep down is enough for a Canadian junior to take a $1 million punt and keep the show on the road. Fingers crossed for CGNR shareholders they get some interest.

As a past ramper of this share (forty bagger, anyone?) you should know as well as anybody that nobody listens to them.

All hype, no substance. The same group brought in a strategic investor on their other business. They drilled baby drilled and walked away.

12% is a "vast majority"......? Your numbers are way out.

Sure thing vampirekitten. I looked up the company presentation AGM 2024 and couldn't see any samples with nickel in them.

But if you think that it is somehow defamatory to express a view that there is no nickel based on the fact that no nickel has been reported, you could always report my post to LSE and see what happens.

Extraordinary that your team claims this to be "very commercial" yet in 7.5 years has not added a single ounce in resource, upgraded any of the 40% Inferred resource, or announced any form of development plan even after €5m of JV investment. Instead, you have people on here talking about chickens and eggs and using CPI to scale costs on a 12 year old scoping study and think that refractory gold is not a problem.

KDR really took off today, no wonder you are excited

GB, since you are convinced of the project economics I wish you all the best.

Your chicken and egg analogy is ridiculous but if that's how you prefer to simplify things then good luck.

Great news for anyone producing gold or close to production.

It is not economic. If it was, it would have been developed first time round 10 years ago, Demir would not have walked (remember the primary objective of the JV was to develop Clontibret then silently they did exploration instead, unsuccessfully), and with someone like Marion Moroney on board and at current Au price they would be marketing this as a development project. But none of that happened.

It needs to be much, much bigger, and at least double the grade, to become viable as a refractory gold project. It is clearly neither of those things. In fact is is probably smaller than the published resource when you take the post-2017 drilling into account. Instead, the company is emphasising the possibility of a non-refractory deposit, somewhere deep down along the second best gold trend on the island of Ireland. This makes it a speculative exploration play, with no funding, and it is priced accordingly. It does make more sense than persevering with the concept of a low grade BIOX-leaching As-pyrite operation but it basically means you're rewinding back to the beginning, to prospecting / conceptual exploration. A Canadian junior might take a punt on it, raise a million bucks to put into some deep drilling. CGNR board and shareholders will need to be realistic about value.

Good luck with that, but it is not tier 1 potential and the Demir JV proved what most investors already knew - that it is a dud.

I would be very surprised if they are the least bit interested in this.

LOL

20 June 2023. Shares placed at 13.5p with warrants at 22.5p:

"Certain of the investors in the Fundraising were introduced by Roast PR Limited who have elected to take their fees of £17,500 in relation to this transaction through the issue of 129,630 new Ordinary Shares at the Issue Price (the “Fee Shares”). Each Fee Share also carries a Warrant on the same terms as the Fundraising Shares and is subject to the same

lock-in provision as the Fundraising Shares. "

Those guys have been wrong all along. They keep hoping, as they have their own shares and put other investors in at a much higher price.

Glad to hear the pump and dump worked out for you.

Well to be fair you have been wrong before. Like at 17p when you said it is a 40 bagger, maybe even a hundred bagger.

If they are out of funds they have to raise more, JV or no. Was surprised when the auditors signed off on going concern. Would have been more appropriate to hold off on accounts, suspend the share while they raised finance, protect the investors.