Member Info for greengrass7

CGNR Irish Gold
Significant Shareholding
P.Hannigan
6,863m / 15.98%
Prof Conroy
3,194m / 7.44%
P.O’Sullivan
3m / 6.98%
P&M Johnson
1,686m / 3.93%
34% out of free float
15m tight shares on an already slightly illiquid stock
€10m P1 JV in play
+ 1/2m ounce gold JORC
What's not to like. I suspect this is going to get very interesting shortly.

I don't get it,why would anyone sell before the assay's are reported. Seems a strange way to invest.

This market is barmy, news good or bad and shares are getting hammered on very little volume. It's no wonder people are reluctent to invest at the moment. A cynic might consider the market is somewhat manipulated.

You'd have to think that a man of the prof's advanced years would be really keen to move things forward apace.

Andrew Neal Tweet
Insane punters selling sub 30p / 12m MCap with £10m JV & drilling as we speak
Have low average from 7p - 15p days a couple of years ago
Took more in the 20s upon JV RNS
Taken more sub 30s but hard to buy so more short sighted sellers next week please #CGNR
It's very hard to disagree.

Standard,mornonic market price action on positive news.

I just don't understand why anyone would sell here,especially with the completed JV and enormous potential. It seems crazy to me.

Demir have just paid the million, everything will happen in good time. I see absolutely nothing to be worried or concerned about.

I think it's just a lack of patience. I held and added to Greatland for 7 years + before reaping the benefits. I,ve held and added here for over 4 years,now have over 400k at average of 18p,expecting to hold for another couple of years. Things are looking great, we have a heavyweight JV partner,the rewards await for the patient.

I have decided against panic and knee jerk reactions as long as Blackrock continue to hold. If they unload i will reconsider.

the 60,000 trade showing as unknown here is one of my four purchases this morning, it's showing as a sell on ADVFN.

First of all i'm aware this is the GGP chat so i'll apologise to anyone of a touchy or sensitive nature who may be annoyed by my post.
This an interview with PJ in which he talks about the investment case for CGNR (Conroy Gold) and compares their position to where GGP where a couple of years ago. It may or may not be of interest to someone here.

https://twitter.com/roastpr/status/1504746035578654727?s=21

Well it looks like my guess that PJ was the 25k seller was a load of b***ocks. That is a very bullish interview. I'm also kind of relived i'm not the only one who thought GGP was done at 2.5p. A harsh and costly lesson learnt.

Death do actually hold any CGNR shares ?

Thought i'd add a few more but can't even get a quote to buy 4k,yet i can sell 25k no problem. The MM have no shares, don't give them yours!

It seems that the persistant seller is continuing to drip feed 25k's in, even at this low price. Bizarre considering the potential upside. They will eventually run out of shares to sell and then i would anticipate a steady rise.

There has been a steady stream of small sales recently, other than lack of patience i can see no rational reason for them.

Interesting chat this morning folks. I think it's harsh to accuse DS & FA of deramping,whilst there views may not match mine i find there analysis interesting and objective. The over riding fact of Conroy Gold is that a company of Demir's standing think this is a project worth investing in, as did Anglo Asian before they were usurped. At these valuations that makes a very compelling case for my investment also. IMO. Keep up the healthy debate.

I agree Flawless the moans do seem a bit unneccesary, this is a marathon not a sprint and things are coming together nicely.
I've added another 62344 shares in the last two days at what i think/hope are bargain prices. Now to exercise patience and see how things develop.

I've taken my eye of the ball here, sitting with 60 million shares well underwater but it may be time to add and average down. I suspect significant potential upside, with minimal downside. Interesting