Member Info for Dibs61

For the sake of balance and to appease all the doubters does anyone have any knowledge of a previous copper/gold Porphyry system discovery which was nearly 1km deep and had visible copper mineralisation in varying intensity/strength throughout that subsequently proved to have such low copper grades - throughout - that it was uneconomical to progress?

Genuinely interested to know as it seems some think this is some kind of CB hoax. That we have been duped.

Lets have a debate about it....

Exactly! How is that making a market? You have to overcome the spread + dealing costs. Crazy.

Amusing listening to all the budding Captain Hindsight’s. You know who you are ;)

People who were ramping this to high heaven a day or two back and CB was the best thing since sliced bread now doing a neat volte face. Laughable and you expect to be taken seriously. Listen take a punt and enjoy your profit (if you made one) but spare us the lecturing.

Topped up another 85k @ 6.6

Why? Simple, fundamentals. Just a £40m valuation for what appears to be a substantial porphyry system resource comparable to the largest deposits in the reason means it’s a screaming BUY. Yes there are traders trading it and it will be choppy but so we’re SOLG and GGP. They didn’t go up in a straight line either. Yes, they went down too quite regularly! So if you focus on the fundamentals rather than hour to hour SP movements you can make very lucrative longer term decisions.

cold beer - oh stop it you rascal. BTW you forgot to put the deramping title to your thread tut tut

Yes probably a few bringing in their PNPL profits today.

Yes yet another industry and scientific endorsement of Parsortix in the ever growing list.

Marvellous start to the day!

Yes I think Finland would be opened up to CGNR after they get the JV agreed. The SP will be much much higher and they will be able to get the funds easily with much less dilution. While an exploration team cracks on in Ireland another one can go to Finland. Win win.

Can I just add a note of caution here. Is this not for the inhaled corticosteroid budesonide rather than SNG001? One of the question on the form refers to inhaled corticosteroids and I’m aware that this drug is being trialled by the Principle Trial.

Earl - well thats what I've been banging on about here for the past several months to anyone who'd care to listen!

When the JV is signed off, as I believe it will be, you can forget about an £11m MC. You can forget about double that number. Look in terms of multiples.
DYOR
GL

Cheers kevman - hmmm I find it very interesting that Prof Conroy has agreed to do this interview sometime in the next 7 days. Clearly he cannot disclose any market sensitive information. And given that the AAZ JV is the only show in town for CGNR - so far as we know ;) then what on earth are they going to talk about for the 5, 7 mins or whatever of the interview??

Very curious.

HarChris - as far as I can see no one is calling for a change of strategy - yes of course it is correct to continue with the vaccine rollout. All people here are saying is there has been insufficent emphasis and attention paid to the NEED for EFFECTIVE treatments and SNG001 is one of the best out there.

I can dummy sell 10k @ 67.55 no problem. Thats a lot for this stock. MM's def want our shares!

It must be THE discovery of a lifetime for CB? Does anyone know if he has ever been associated with such a find before?

Looking forward to his daily chat with Zak later .... assuming there is one. Talking about whats down the 'Ole and all that 'Beaudiful' stuff...lol

Iwantthatone - look I know you're trying to be the grounded voice of reason but You provide evidence that it CAN't be a phenomenal discovery? We know the copper is there and visible mineralisation, that suggests good enough grade to me. And Are you trying to suggest the porphyry is the shape of a narrow vertical sausage which ends a couple of metres either side of the drill? That, I would suggest would be more amazing now.

Jeewhizz

CE thats it.... we've now got the traders here. They have NO interest in fundamentals. It's important to understand that. They are watching and tracking technical SP movements and honestly this is fertile territory for them now. Loads of volume, loads of liquidity. We have to be patient because we know what we have here. Focus on the FUNDAMENTALS NOT THE SP.

Incidentally, on the fundamentals I make it that we now have a total of 937m of CONTINUOUS MINERALISATION here.

Make no mistake this is a MAJOR discovery.

Astonishing.

Whoa hey hold on there..... You have to understand market mechanics. Nothing goes up in a straight line. There are many many people who have already made a lot more money out of this than those who have bought in the last couple of days. Lots will be taking profits, maybe derisking, topslicing whatever. Then there are the traders who I can guarantee are all over this now. SO be patient and DON'T panic.

They're clearly on the Ball :D

Option for acquisition in the HOT Paterson Province area in WA.......

That should arouse some interest here. Intraday RNs's can often escape the attention of investors. Taken a position.

After a good run the shares are, IMO, taking a well earned breather. Still demand there but some profits being taken.

Firm hold now awaiting those results.