Member Info for Kev4

I wouldn't be surprised if the sp goes into single figures. All because of the greed of the family and friends' gravy train.

Awful behaviour. He ruined CGNR and now he's ruined his own reputation. Shameful stuff.

Not surprised at all. I also wouldn't be surprised if he got away with it again. His number is up either way.

Just contact your broker. Small PIs are an irritant CGNR put up with as added together they help keep the gravy train going.

Can't argue with a word he said. Thanks for posting that, glenalmond.

The mere possibility of no bod changes is causing the sp to plummet again. Talk about a toxic bod.

There's the correction RNS. Their utter disrespect for shareholders is unbelievable. Last year (or was it this earlier this year) they had to re-issue an RNS after incorrectly posting a KDR one here. Lol. Comedians.

They'll have to issue another correction RNS in that case.

Indeed. It has been pointed out to me on ADVFN that our supreme Chairman Conroy sold shares to embarrassingly cover a tax demand but the RNS suggests he "purchased" shares. Either way things are profoundly uncomfortable at dilution-central aka CGNR. I'm thinking I should have sold at 31p and be thankful for only losing around 75/80% of my investment.

How can you say with certainty that those unknown projects will lose shareholders money?

I really didn't believe it when I was told he'd get yet another dilution off while the ongoing were being resolved. And in a beautifully underhand way he buys �30,000 worth to placate simpletons. Lol. It's very good to note that not a single poster is taking his buy seriously. Hardly surprising given it's a small portion of his income to keep the gravy train rolling along. Neck like a jockey's bolleaux. Unless conroy is gotten rid of CGNR is ruined.

Satisfactory verging on good.

I doubt it, Jiving. The bod added nothing in the run-up that I can recall. Must look at the free float.

It was a reserved judgement. The judge will comment eventually. Wrt wasting the summer, I am convinced that without the ongoing rebellion absolutely nothing would have changed. The 99%+ sp decimation over 23 (twenty-three) years would have continued unabated with dilution after dilution. When I stupidly invested here the remaining rampers were expressing 'shock' at how the sp had been destroyed. AFTER that the sp dropped a further 90% until the rebellion when it more than doubled from 13.75p. My hopes regarding the rebellion are that either a revamped bod OR the wake up call Conroy is getting will result in something outrageous - actually getting gold out of the ground. The money these court actions cost will be worth it to get CGNR behaving like a company who have long suffering shareholders. 23 years of dilution is far too long to achieve nothing other that the destruction of the company's value. I reckon CGNR would have gone bust eventually without this upheaval. The majority of shareholders have been proven to agree, the market obviously agrees, and the vast majority of posters here, on ADVFN and II also agree. I'll find out what I can say about the court case, joebop, but we may have to wait for it to be fully over. BTW, you're not being crude, just emphatic. You're as entitled as anyone else to offer an opinion and you do so decently, IMO. Best of luck.

Much more to it than that, Joebop. The truth will come out.

*where the majority etc

After such a rebellion were the majority of shareholders were pro-O'Sullivan I wouldn't be surprised if Conroy doesn't come out with a plan with a goddamned timeframe very soon. If he doesn't I reckon it's over for CGNR.

Watsonflash said: "I took shares @20p and think it's an accelerated move to get another product on the market as nearest competitor has just been knocked back and they were bought out for $800m at Phase II" It never ceases to amaze me the absolute shite some people come out with - thinking they're promoting their investment when they are really harming it by highlighting the type of moron invested. It's quite an achievement to take shares at 20p when the placing can only be approved by shareholders at a meeting on 9th October. Secondly, would you consider Amryt as having been shafted if someone bought them out for $800m? Spoofer. The market thinks this was a bad RNS and of course it is because not only were we not expecting a dilution, we were told the complete opposite.

There's no need for such hones..eh...negativity, Irishmouse. The snail they employed to fast-track the samples suffered a hamstring injury.

Hi Webster. A ramper is someone who's loyal and has the best interests of potential new investors at heart. They appear out of nowhere and type like they have a clue about the company they're ramping. They are in for the longterm and certainly never sell on their self-created spike. Rampers are quite stupid and always end up damaging the company's sp in the mid-long term, by creating false expectations that end up disappointing when all along the company was steady and reliable. Hope you're feeling well.