Member Info for parkez

The next 4 holes in the 8 hole drill programme did not start until 27th June...they were given a time prediction of 14 weeks....
Anyone think why 14 weeks to drill 4 holes with 3 rigs?
We have had the results of one of these (hole 4).
The last of the 8 holes started 2nd Aug with timescale of a week.
So 6/7 weeks to obtain assay results...reasonable?

The whole days trades were unusually large (for recent cgnr ), almost as if news was expected.
The 15k trades could quite easily be buys as well...
My buy was showing as a sell.

"but the actual resource is based on 68 holes for a total of 9,828.7m of drilling"
Goldbug99,
Perhaps you might want to rewrite your post after reading it correctly?

i listen to a lot of interviews, often numerous times.
This one is one i listen to whenever i feel a little disheartened with the sp...
https://www.bing.com/ck/a?!&&p=b87d4fc5c40fb4ffJmltdHM9MTY2NjQ4MzIwMCZpZ3VpZD0wMjAxZGQ2NC0yNTQ2LTY1OWQtMDg5OS1jY2YwMjQzOTY0ZTQmaW5zaWQ9NTE5NQ&ptn=3&hsh=3&fclid=0201dd64-2546-659d-0899-ccf0243964e4&psq=demir+export+gold+stockbox&u=a1aHR0cHM6Ly9zdG9ja2JveG1lZGlhLmNvbS9pbnRlcnZpZXdzL2NvbnJveS1nb2xkLWNoYWlybWFuLXJpY2hhcmQtY29ucm95Lw&ntb=1

"the amount of drilling that has been done is negligible."?
To what aim is the amount of drilling required?
To get a mine at Clontibret?
To prove up the gold district?
To gets numerous mines at numerous targets?
Vast difference in whats required, vast difference in what each investor requires fro this investment.
How long a timescale?
How many drill rigs?
Lots of drilling required but the more they prove up the more will be required...
But will we have to wait fund it...no.
Will we have to wait for it all to be completed to benefit from our investment..no

Seems likely we will get publication of the remaining 4 holes and maybe the 2 extras at the same time.
Since the last JORC resource Conroy of completed 1,000s of meters of infill and extension drilling .
Are we going to get an increase in indicated and inferred amounts?
Is that the delay?

"GoldThis cut-off grade was supported by using the following:•A mining cost of US$1.88/t•Processing costs of US$13.04/t•G&A costs of US$1.0/t•A strip ratio of 9.4:1•Gold recovery:84"

"Conroy Gold Conroy Gold, and its predecessors have drilled a total of 189 holes for 22,199m so far, but the actual resource is based on 68 holes for a total of 9,828.7m of drilling. "

https://docplayer.net/182492957-Conroy-gold-and-natural-resources-plc-cgnr-aim-mining-initiating-coverage-02-august-2018.html

OilAnalyst,
I take it they are your trades then if you are stating what they are?

When was the last time we had trades when the min was £700?
Just feels different today...but of course its just my opinion.
But news IS due very soon....my top up says I feel the results are going to be decent.
But I'm always wrong!

Trades today?
Smallest one of the day was my buy.
So if thats a buy.... could the 15k trades be buys?
And if so...
Seems like a change today.

Fwiw my guess would be drill holes between Clontibret and Corcaskea. Trying to prove continuity.
Expecting some good grades in these next 4/6 holes.
We will soon find out...obviously a delay for some reason.

https://www.bing.com/ck/a?!&&p=413e9e82c1da9c76JmltdHM9MTY2NTk2NDgwMCZpZ3VpZD0wMjAxZGQ2NC0yNTQ2LTY1OWQtMDg5OS1jY2YwMjQzOTY0ZTQmaW5zaWQ9NTI2OA&ptn=3&hsh=3&fclid=0201dd64-2546-659d-0899-ccf0243964e4&psq=tetra+tech+canada+conroy+gold&u=a1aHR0cDovL3d3dy5jb25yb3lnb2xkYW5kbmF0dXJhbHJlc291cmNlcy5jb20vc2l0ZXMvZGVmYXVsdC9maWxlcy9QcmVzZW50YXRpb24lMjBhdCUyMFRldHJhJTIwVGVjaCUyMEludmVzdG1lbnQlMjBDb25mZXJlbmNlJTIwMTktTWF5LTIwMTUucGRm&ntb=1

? EXAMPLES OF THESE GOLD DEPOSITS INCLUDE:
- THE 17.4M OZ KINROSS MINE (PARACATU) WHICH AT A GRADE OF 0.41g/t
GOLD AND A COST OF US$720/OZ PRODUCED OVER 500,000 OZ GOLD IN 2013

https://www.lse.co.uk/rns/CGNR/definitive-mining-plan-in-development-at-clontibret-s83pl3qox4qtleo.html

https://www.lse.co.uk/rns/CGNR/definitive-mining-plan-in-development-at-clontibret-s83pl3qox4qtleo.html
https://www.lse.co.uk/rns/CGNR/viability-of-clontibret-gold-mine-xflrgbe6zxzthq9.htmlhttps://www.lse.co.uk/rns/CGNR/confirmation-of-preliminary-economic-assessment-0lozrra3lty867v.html

ALL relative to the worthwhile mining of the Clontibret deposit.

https://www.lse.co.uk/rns/CGNR/plans-for-antimony-as-well-as-gold-q93ic18silh0x5x.html
AND lest we forget....
now if we were to get a RNS similar to this next week!
https://www.lse.co.uk/rns/CGNR/high-grade-gold-intersected-98zexvtui94emib.html

"Sowing seeds of doubt and scare people into selling " IS NO different than ramping and encouraging people to buy.
Again its down to individuals, give them/ me information and then they/i can decide.
If you think he's talking nonsense,say why,give some proof or article or constructive comments...then we have a educational debate....good for investors.

Its upto individuals to analyse any information posted on these boards and use it with their own research.
The information provided by DS today and other days has in my opinion been useful...
If you think its not been then ignore it.
I learnt a long time ago that I can be wrong!
Information, discussing and learning is good for everyone..
It takes more than my view or any other individual to achieve that. Always happy to listen and try and understand. Postings on here will not change the sp.

Thank-you DS for the detailed and educational response, very helpful.
So we are presuming the cutoffgrade/ breakeven grade is 1g/t because that's the last info available seems reasonable.But we do not know the aisc?so could be profitable.
I have to admit the more I research the less confident I become. Whatever happens I will treat it as part of my education!
The Prof stated that the geologists are at the stage where they drill ,they have a fairly good idea what they will get.
4/6 results soon forthcoming...more disappointment (and yes the grades are disappointing) or a major improvement.
Again thanks ...sure many appreciate your time and trouble,even though they will not admit to it!!

I was looking to find any substance to the remark by DS that anything below cutoff grade doesn't get mined.
Reading this article it appears there could be some truth in his statement...
But I think its saying basically that the JORC resource cut off grade is only a guideline and the mine should be planned around the discovered grades.
Only after all information is gathered can a mining decision be made because all in costs affect the grades needed.
Not good or bad for us...
Just educational for me.