Member Info for parkez

" anticipated to commence late April" was stated in the RNS.
My point again is...why not give a date to the market.. .they know the date, just announce it.
Not really that difficult is it....unless?

So they will wake up one morning, say oh its a sunny day let's start that drill programme....my point is they know when, why not just say?
Every day is a day nearer or a day more of uncertainty ...
Depends how you olll at it.

The Prof is constantly ranting on about how low the sp is...yet here he is...states late April for drill start date and yet we have no confirmation!
Surely they know now when they start....why have they not informed the market?
People will start to have doubts and sell...simple statement clarifies the position.

Dalradian apparently have completed 170,000 mts exploration drilling to find their 6mill ozs.
Conroys April drilling campaign 3,000 mts...
Anyone like to guess just how many mts have been drilled at Clontibret over the decades?

So prior to 2019 or there abouts CGNR was a company with an asset that it intended to develop itself.
Now its one thing to being on AIM and persuading the investors to part with funds to keep the company ongoing ..
To look for an JV partner meant that they believed they had something substantial to offer the partner.
A JV take up of the offer...not once but twice confirms this.

Any reference to JV before March 20th 2019?

Anomaly..antimony.

Looking back at some old RNSs.
Looks like initially CGNR had plans to develop Clontibret themselves...employing a project manager with plans for a starter pit for gold and anomaly.
So just when did they decide it was too big a project for them alone to manage?

Will the rns state the drill programme will start on such a date...or simply say its started.
Time clues given... "second half of April"
"Late April"
So anytime after the Easter break really.

No its not...
Its risk v reward.
The reward at 20p is more than 40p...
At 40p you can sell some and reduce that risk...simple.

Who or what is the market?
Seems to get blamed an awful lot!!!

Of course there's a risk...
Would just like someone to state at this sp what it is likely to be....
If you wait and get in higher...does the risk increase or decrease?

Planning?
Okay for some reason they refuse planning...what will the sp be prior to planning applications?
Wheres the risk at this sp?

Risk v reward.
Whats the risk?
We know there's 500k ozs...verified.
The 2018 drilling campaign and persistent drilling over the decades at Clontibret indicates a lot more.
So what is the risk?

Its simply risk v reward.
There's a risk with every share investment, you have the weight up whether the reward is worth that risk.
45m shares (after warrants)...
8m proved ozs will bring £10 sp....
Indications are its likely a possibility....
Willing to take that risk...regret what you did, not what you didn't!!

A little confused about the 500k jorc amount, this i believe was stated in 2011.
In 2018 cgnr embarked on a 1k mt drill programme to increase this jorc...excellent results were achieved, they increased the drill programme with further excellent results.
The due diligence drills produced excellent results....the 500k jorc is on paper only.
Demir and Conroy know whats there...just a matter of time to make it official.

Trades look more positive today.
Some decent sized ones....well for cgnr anyway!

So these PLs were applied for before the completion of the JV.
PL3131 has in the past been held and relinquished by Conroy.
All these years pass with no PL additions until now.
The PLs go straight to the JV when transferred....
That tells me that this was all done under the instruction of Demir.
Conroy and Demir even though the JV was only recently finalised have imo been working closely for a while.
Seems to me Conroys new partners see tremendous potential in the area.

Any exploration drilling in these new areas will therefore be paid by Demir.

Yes, I managed to open it. Thanks.

Thanks DS, appreciated. Happy to be educated.