Member Info for DeathStranding

Pretty sure Demir, if they proceed, will do so on their own terms! There's a good reason why they haven't gone all-in at Clontibret, or any other location.

Hope you are right although it's not assured.

Investors are in the dark without a resource update and without a single diagram to show how exploration results relate.

Erratum: €325k

€355k per year into the household from CGNR alone. Then there's whatever the other family members take from their jobs in the family business.

Laughing all the way to the bank and you think I'm a moron?

Try looking at the annual reports for both CGNR and KDR. For the 2023 financial year:

Richard Conroy: CGNR: €201,470. KDR: €85,000. Total = €286,470

Maureen Jones: CGNR: €124,374. KDR: €60,000. Total = €184,374.

Would love to hear anyone justify this level of comp given the financial position and performance of these companies.

People been saying for years that the market hasn't woken up. It's not hard to get out and make the market aware - companies do roadshows to brokers and analysts all the time, present at investor conferences etc.

They need to change their pitch and get serious. The directors can complain about the share price all they like, investors have absolutely nothing to work with here. A placing coming up just to raise more money to spend on salaries and corporate costs doesn't help the situation. A change in management is in order.

Not sure he made it clear enough he thinks Clay Lake is world class lol.

260k in cash at Nov 30, expenses of 340k in the 6 months so fundraising required. Yet results are not impressive and value has been lost since JV so this will be challenging. Good luck to them.

The company provides no basic context to its results (true widths, locations, plans and diagrams) to let investors form a considered view. So most just ignore it.

But the bigger problem here is the grade and refractory nature of the gold. I disagree that 1 g/t of gold of this type would be workable at this location - doesn't come close, and investors know it. But happy to be proven wrong if the company can actually explain how they think it can be done. They certainly should have a plan before putting more money into drilling it, JV or no.

Grades are uneconomic. The market is well aware and the only thing keeping the price up is the Demir funding. It will be a huge result if Demir commit to the next stage as there seems to be a long way to go to find a feasible project.

Anybody who looks up Paracatu and thinks that's a reasonable comparison at this location wants to get their head checked.

Paracatu is free miling with a 50 million tonne annual throughput. Potentially damaging for investors to make comparisons like that.

Need to find economic grades before even worrying about any of that.

"I am free to cover some subjective elements which a NOMAD or compliance team would not allow."

Charles Archer, is that a licence to publish garbage? Suggest you take it down.

Total garbage. Stating a resource figure which is double that reported by the company. Quoting a scoping study which is 10 years old so irrelevant on costs. Buyer beware. Placing coming.

Best hope is Demir stick with it. Noone else is coming in on these grades.

30 November 2021:

"The primary focus of the joint venture project (the “Demir Export JV” or “Project Inis”) is the development of

the gold deposit in the Clontibret licence to construction ready status and bringing it into operation as a gold

mine.

The parties further aim is to also develop the Company’s Northern Ireland Licences and other licences within

the Longford –Down Zone to construction ready status."

Two years into the JV, no progress on the development of Clontibret has been announced. No resource update, despite thousand of metres of drilling since the 2017 JORC resource. Clay Lake drilling has failed to show grades of economic significance, and money appears to have been wasted on prospects already shown to have low potential. No review of the fantasy 8.8 million ounces. Nobody appears to be held to account, friends and family appointed to management positions.

Two geologists on the board and two senior geologists in the managememt team.

The results speak for themselves.

This way they avoid questions and shareholders don't vote to approve it until the next AGM.

It says in the release he is non independent.

No mining experience at a time when that is what they badly need.

Strong sell.

It's in the power of shareholders to stop this nonsense and incompetence.

Constant drill results have little meaning if they cannot be put into context of a resource. It's also important for investors to know that a competent person has made an assessment. It makes the whole thing less speculative which you should think would be in the interest of shareholders.