Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can buy 5 million at .1115 well below mid, to sell even 500k is no quote. Something doesn't add up here.
Roger, the 500ktrade at 14.48 at 1.515 is my buy so i guess most trades round that price are also buys. I did actually do a dummy sell just before that buy and was offered 1.50 so the spread at that time was very little.
I would love to hear the reasoning behind anyone who did sell today just in case i'm missing something.
https://www.thearmchairtrader.com/great-western-mining-corp-to-start-producing-bullion/
Worth a read.
The main problem here is that the whole process seems to move at a snail's pace, i suspect a lot of folks are selling from frustration. I've held CGNR shares for five years and i'm sorry to say i'm starting to get peed off.
Interesting. The drill results are so underwhelming Demir have decided to add a third rig. It looks like Demir's view differs from certain keybord experts.
Because it's not the 'BOOM' RNS the market maker chancers dropped the price in the hope the weak willed and hard of thinking would sell. I tried to get another 3 million at .13 but had to settle for 2 mill at that price (2*1 mill trades). At the moment it looks like that little ruse has failed.
Bang on Flawless, you'd think someone of the prof's advanced years would be pushing for this rapid advancement of the project. I've been holding for over four years so i think i have been fairly patient but i must admit i am getting peed off now.
The last meaningful announcment was on 28th June, two months with no updates. Surely something is happening, how's the drilling going? It's all very frustrating.
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