Member Info for ISAPENSION

Thanks Guys
Like you no crystal ball however I am positive upside benefit is far greater than any downside risk, and I know I would have been kicking myself if it does rise to 60p quickly!
Why didn’t I buy big when 19p and we are all knew the permits were coming??????
Fingers crossed ??

Morning All
Well so much for sitting on my hands, just bought another 5k at 36.99p................hopefully my timing is right!!

Morning
Unfortunately the poorer countries will get weaker as a result of Covid as will the over leveraged companies!
Re land purchases Mark did look relaxed and if you look at the headway they have made this year I am not as concerned about the balance 35%, we certainly have the cash to pay for it!!
Keep the faith ??

Can’t we have June 30th news Elise??

7and28, what if the Mm’s are confident and waiting on news? They always seem to be a step ahead of us!!!
Could news be closer than we think??

Thanks ddd ad always for your posts!!
Personally think however if there was a mass cover up (or if it was developing) the price of gold would have already reacted rather than after it emerges on bulletin boards.
My ideal is for stock markets to solidify post Covid helping to strengthen my pension and ongoing investments, whilst gold finds it level above 1500 ensuring CNR has a long term future!

Evening All
Well it’s the first time I have seen this webinar and no one can dispute Mark looks very relaxed...maybe it’s the price of gold...maybe he knows how close we are to Buying a plant or toll milling!!!

However not going to make out all is rosey, we have a share price of 36p and most investors are at best breaking even, if not under water. For new ‘would be’ investors they may look at a long term chart and think ohhh Fcuk....

Personally though I am encouraged about the fact Toll Milling wasn’t overlooked with Calibre capacity specifically mentioned and in Marks words ‘enough in there to reach an agreement’......WE ARE PERMITTED AND HAVE INVESTED TO GET WHERE WE ARE!!

If we also look at his comments re a production plant ‘he is in advanced negotiations’ and in my words the right deal could be a game changer!

Lastly it’s great to see Mark take all questions head on, no floundering, not indecisive, he seems to have looked at all options and totally happy with our position.

I have said in past I was disappointed at the most recent fundraising and being frank Mark is no Steve Jobs selling the dream (sorry Mark as I know you will read this), however he is methodical, straight talking and has everything to win as well as all to lose! I would have a beer with him albeit my guessing is he loves a red wine!!!

The next few weeks/months will be interesting however from a personal perspective the upside benefit is far greater than the downside risk. CNR makes up about 5% of my retirement fund and 20% of my ISA’s however if all comes good I truly hope it could be it could be nearer 20% of my pension and 50% of my ISA ??....please bring it on, and if there is a stock market crash surely gold stocks would be a safer bet??

I guess if you look at historical mines now is the time the money is made and the shrewd investors take from the weak, not me!!!!

Yours a happy investor (or maybe if past experience is anything to go by a happy gambler)

D

7and28 like you I have been doing dummy buys (and sells) to try and get a feel for what’s happening!
I wondered if the MM’s were playing games to attract buyers all over 36.5p letting the share price rise only for it to be sold into.
Personally not worried as 36.5 does seem the bottom and when it does blow it happens very quickly giving little opportunities to buy without paying a premium.
Just give a nice juicy RNS MC, you know you want to ??

Unfortunately when stated as buy/sell it is just an assumption based on spread at time of trade.
I just wanted everyone to know that as a positive people are still happily buying into CNR and perception isn't always reality.
Personally I am more intrigued about what is holding the price down and if a seller how many till they clear..........................

Interesting how last three trades are showing as a sell, when current sell is 36.33 for over 50k
Think all trades today are Buys apart from 2 this morning for 12.6k collectively
Over last 2 days the spread has tightened but MM's still happy to take any shares from us above 36p
Still believe a seller in a background but I don't believe they will sell their holding below 36.5p

Agree Hawaii, I mentioned a few days ago I feel more relaxed than ever with my shares.
Over the next few days I think it will prove we have found a true floor, and with news any overhang will be gobbled up quickly.....

Agree something is a miss however don't you think its odd we seem to have a floor here??
I mentioned yesterday the placing price seems to be a floor with no major sells below it (maybe the odd private investor sale)...............................hopefully I am not proved wrong!
Since the major drop to placing price we seem to be bouncing between an actual 36.2p and 37.2p

Agree again WG, whilst Tester says timing must be right I agree WE NEED news on an ongoing basis or the share price tends to drips lower.
No news is definitely not good news with the mad thing being we have so much going for us.
Surely Toll Milling would be ideal short term whilst Gold is progressing??????????

Wondergoals I cant disagree with any of your points. The only thing that gives me confidence is that the big investors equally bought more at 36.5p
If they didn't believe this was good value why do it????? They know much more than any of us on here!!
Guess like you I look at the gold price now and think why why why??? or rather when when when!!!

Hi Frenchie
It is lower however if someone is unloading I don't believe they have sold any qty below 36.5. I can currently sell at 36.1 but it doesn't mean they have or will. It has fallen to this level before then buys have taken it up!
If the MM's encourage people to buy at 37p then potentially a seller could offload above 36.5p in qty.
Just a thought

Must admit I am struggling to see what is happening based on dummy sells/buys currently.
Certainly enough liquidity as you can buy and sell over 50k shares at 37p and 36.15p respectively.
The fact that yesterdays shares were swallowed up looks positive, but equally the fact the price has gone down to where we were before yesterdays activity surely says there is also someone selling in background (noticeably not below the placing price)
As I mentioned before I am not unduly concerned, POG is going up and when news hits (or even sniff of news) the volumes always goes through the roof and see no reason why 60p wont be achieved extremely quickly.................

I would say quite sad that you take the time to keep up with your negative one liners.
You could argue I am overly positive however I believe in CNR and have put my money where my mouth is.
A younger me would have been tempted to get into an argument however CNR will come good and when it does I assume you will be trolling other BB's

Morning All
Great to see positive posts yesterday accompanied by positive buying!
Whilst POG will always be relevant to our SP I think Tester kicked it off getting everyone thinking.
It’s also good to have a lot more liquidity in the share as a result of yesterday’s buys. I can now dummy sell over 50k with no problem.....someone wants our shares!!
In response to yesterday’s buy or sell up, with interest rates paying negligible returns and the outlook for equities looking questionable my ideal scenario is a major player takes a stake in Cnr taking the price to £2 where I sell half and let the balance continue to grow.
I guess reality will be as per the videos we are likely to be bought out before CNR gets a true chance to prove a 5million Oz resource!
Must admit I feel extremely relaxed at these levels, it’s not if, ...... it’s when and should I invest anymore as already at a higher than normal percentage of my portfolio!
Have a great day everyone, hopefully another positive day ??

Evening All
Whilst not many posts this weekend it’s definitely been quality not quantity and really appreciated whether it be gauging out Current value or the most recent M&A video.
Must admit this video should every shareholder in CNR real confidence and for any potential investors proof of our potential!!
The points from the video that stood out for me are

- surely CNR is the In right place at right time

- Big guys in Gold have to go out buying things to justify their share price

- Jurisdiction risk is obviously a consideration versus safer Canada however with Rio entering Nicaragua that must give us confidence

- Market Price doesn’t always reflect value however as with CNR, where the company is owned by a few major shareholders not going to be bought out cheap

He then went on to list what ideal targets would be;
- Great assets and probably permitted rather than false promises
- Great people
- Workable jurisdiction
- Social license (accepted by community)

Think CNR ticks all those boxes ??????

Have a great week everyone!

Thanks Geovanni
That would certainly be a welcome surprise and give little opportunity for those wanting to buy in at these prices
Fingers crossed!
Gold continuing its rise, no rush he he