Member Info for DeathStranding

Wiseinvestor you are presenting promotional belief statements as fact. A resource is only a resource after it has been through the rigours of JORC compliance.

Sure I'm positive you are correct but if you could just point me to the relevant results announcement showing the outstanding results with grades improving at depth I would be very grateful. Thanks.

What were the Demir DD results?

Apologies, I positively and enthusiastically think you misunderstand what you are being sold if you think these are quoted resource figures.
I positively think you should check your sums for the 22nd.

I think you misunderstand what you are being sold if you think these are quoted resource figures.
And check your sums for the 22nd...

"As always DYOR, read RNS, listen to interviews and draw your own conclusions." - on that I can very positively and enthusiastically agree. Need to get my positivity stats up!

"CGNR have a world class 65km district gold trend with 9-10 million ounces between clontibret clay lake and glenish alone" - Clontibret = 517k ounces @ 2 g/t (JORC 2012), Clay Lake = 0 ounces, Glenish = 0 ounces

" fortune 500major " - incorrect

"We have 15-20mil," - incorrect, CGNR has a total resource base of 517k ounces

"similar sized Major" - Newcrest v Demir Export?

"The largest gold mine in the EU is 4.4million ounces and that’s why demir is going to be our partner" - random comment

"the current mcap is just under what will will have in cash" - some money left over from the last placing, JV sees €1m in cash going to CGNR in recognition of previous expenditures. The balance presumably you are just making up, like everything else.

LinViews: SGZ has an actual mining operation that can be valued on operational and financial performance.
CGNR is smoke and mirrors. People spam this board with the same fantasy posts about 15-20 million ounce potential and fanciful comparisons to GGP, but don't expect any reasoned discussion about the company's actual prospects and development challenges.

You want me to apologise for expressing an opinion?

Here's that post in full:
"I do hope it is good reading for you but I expect a placing and decision to "go it alone" to cover up the failure to complete a JV."
I'm hardly going to apologise for expressing an opinion just because it's contrary to the vast majority of people posting their own opinions on this forum.

"The other day you said the deal was dead". Oh really? When did I say that?

"Drilling will release the millions of ounces" - good one!

A reminder of the facts: 320,000 ounces gold in Indicated and 197,000 ounces gold in Inferred JORC resource categories, at an overall grade of 2 g/t. The gold is refractory.
That's it - that's this company's stated resource base.

Mole_man99, trying to explain a logical and fact based argument on this board seems like a futile undertaking amongst the spam and hype. I personally persevere because I think there is value in challenging misleading claims and overstatement of misrepresentation of the fact acutally announced by the company. For example, the reference to returning to previous highs of 46.5p - a high which lasted for several hours so could hardly be a credible refernce point for value.
It's interesting to observe in today's exchanges that nobody is actually discussing the technical merits of the projects, the technical or regulatory hurdles on the road to revenue, or indeed how Demir and their €10m investment might actually lift Clontibret from being a small, refractory gold deposit - whose development was stalled in 2014 with precisely zero resource ounces added since - to a commercial proposition. This is the challenge that's faced CGNR shareholders for years, and will continue to face those who actually care about resource development in Ireland. A €10m from a private Turkish business that nobody had heard of before February 2021 is all well and good but there has been no disclosure of how the proposed venture actually proposes to address the very clear technical and regulatory challenges facing this project.
Richard Conroy will certainly not be going on a charm offensive on the Irish public, as has been suggested on this forum, on the current technical footing for this project.

The proposed JV values 40% at €10m so if you think that values CGNR at £1 per share then go for it. There's nothing else to value it on.

Best of luck to you fairview, but the technical facts reported by the company simply do not support those price levels.

Indeed. I merely stated a fact as a point of interest.

More spam.

CGNR non-exec Brendan McMorrow was appointed CEO of Ormonde Mining this morning.

Not announcing their year end results today would put them in breach of AIM rules, it's pretty clear. Year end: 31 May. Within 6 months = 30 Nov. I've seen some companies in the past get extensions (due to covid, for example) but they would have to announce that an extension has been granted by the stock exchange.
Last year they announced at 6pm.