Member Info for mr10bagger

Time to get all CGNR shareholders some nice back to front jackets matron!

Yep £1000 worth of mms shuffling to get the defib working! or is there a pump to get some cheap finance away to get the farm rent paid!

Fundraise ahoy, begging bowl

Question is do Lickle Rio Tinto have the size

Yeah I do they walked early because CGNR Gold assets were too big for them BWAHAHAHA

my post re jorc cgnr was a response to mr diamond who said cgnr resources were too large in size for demir which is contrary to reality, what prof said at time and also it seems what you said at the time going by death stranding post. it was relevant to this board as mr diamond was suggesting a merger of cgnr and kdr would be a good thing.

this is an open board open to those invested or not invested in cgnr was not even talking to you. you chose to engage with me so naturally i respond... when i say physical gold to speak of we are talking proven economically viable to mine at least a jorc reserve or holding of physical gold. what you have at present is a jorc resource that demir have walked away from. £4m in liabilities and cash wise not a pot to **** in. you need a jv and most likely a fundraise for working capital shortly. laughing stock was for a reaction your so easy to wind up, you need to lighten up fella. good night.

It was a massive loss to CGNR when Demir walked away.

I have heard given as a reason by poster here that CGNR resources were too large for Demir, chuckle.

CGNR is a laughing stock. Good for a chuckle.

Does anyone else here want a merger with CGNR.?

No thank you for a variety of valid reasons I have stated

Better place than what?

Yes they have a Jorc but should be stated a JORC Resource no proven reserve, not proven economical and they have no physical Gold to speak of. Demir have walked and not because as you say was too big for them, dream on...

You say Prof implies is massive project and Demir far from gold experts, here is what prof said when Demir came to the table in addition to comments previously that I posted.

Demir is a long established mining company with interest in iron,coal,gold and base metals

has strong in house technical team with mining exploration expertise

60 years of mine operating experience

Demir Export belongs to KOC family who also own the largest Industrial conglomerate in Turkey a Fortune Flobal 500 company and Turkeys leading investment holding company.

Sorry just does not wash that they walked because was too big for them or that they do not really know what doing when comes to Gold, they have resource expertise and even if were in doubt could have certainly hired someone with the expertise, no they walked because have better options to spend time resource on and CGNR assets did not come up to expectations of what they thought it could be... Also worth noting they walked from the projects had no interest in taking stake in CGNR.

CGNR have £4 million liabilities.

No cash

A resource that has not been proven economical will need substantial further investment way beyond what Lahtojoki would need and also take much longer if ever to get into production.

Sorry fella but you aint sold it for me. I have no investment in CGNR and neither would I want for above reasons. So why would I want merger with them.?

You have been here 5 minutes and already a complete expert? Does not even warrant a response really other than to say childish comment.

1.Said was too big for Demir which is contrary to what the prof said. Yet they walked early

2.Said KDR has less except a PEA

Here is what the prof had to say regarding Demir.

Demir Export has the mining expertise and financial resources not only to bring the Clontibret gold deposit to construction ready status and into operation as a mine but also to advance the significant gold potential of the other licenses along the gold trend to the same status... Sorry fella but it is your argument that is not stacking if you think they walked thinking was too big for them... I am not even arguing with you just stating facts of how it is as opposed to wishful thinking ie they walked because was to big for them...

If you think CGNR is still a better punt than KDR that is your opinion however.

£4 million in liabilities, do not have a pot to **** in, they need a raise, demir spent cash and decided they were not interested walked away. cgnr do not even have a reserve or anything of proven economical value...

if you are in production at present or have a proven reserve, close to production or holding physical gold the drop in interest rates and an increase in gold price is of more significance... if and it is an if cgnr ever get into production would be years away the cycle in gold may have changed by then... they have no physical gold to speak of and do not have a reserve they are a punt, nothing more.

£3.7m in liabilities and do not have a pot to **** in they need a raise. demir have just walked away.

So your saying you want a merger WITH CGNR ?

Joining with CGNR, then we really would be stuffed. NO, NO AND NO to that

Everyone positive apparently and yet all time lows and MM do not seem interested in our shares even at these lows, there rarely wrong will go for further delays. Hope am wrong but does not look good to me

How rude to talk to a fellow shareholder of many years in this way and get all personal.

I hope as shareholders we all do well this board is to express our personal opinions and respect the others viewpoint not to have an echo chamber and wish shareholders bad. I would say the bullishness on this board is contrary to what is happening trade £ wise and share price wise. There are no trolls or deramper's on this board whatsoever. But there is a persistent large seller who has shown he is prepared to sell sub 1.5p ie under recent fundraise price and also a very stubbourn Finnish landowner who seems to be taking attitude of under his dead body will we get the permit that would transform our fortunes and who has now delayed proceedings by two years and cost us dearly not poor vamps who you are aiming your venom at.