Member Info for parkez

Conroy again posting on Twitter regarding the potential in the 300 sq mile licenced area....
And yet so far even with the addition of Demir with the vast amount of funding available for exploration they are apparently only planning the one mine!
Talk of a series of mines...
The Prof is ex politician with contacts, the transfer of licences to JV came through in double quick time...
I get the feeling we are not being informed of everything...but as I have said I'm a dreamer.
Gold mines and Zinc mines would transform the area...
Just how quickly will these come to fruition....forget all you know about timescales regarding mining....just a feeling!!

So what stage would the JV be at now on the Lassonde
Curve?

Back again with another question...
If the open pit only covers 20% of the target area, how do they extract the other 80% in the target area.?
If they can only obtain pp for a certain size, why does it matter how much gold is in the unavailable part of the target area?
Thanks...

Looking at the other Irish gold mine (cavanacaw) they had Planning Permission unto 200mts and now have to go underground.
So 200mts is probably the limit for open pit....however I'm sure curiosity will drive them to do at least one to a serious depth....whether the market is informed is a different matter.

Not worried, I don't know the answer and I will continue not to know until I find out.
Initial searching suggests yes they can.
In the Sunday roast interview it was stated funds for 10k mts of drilling.
If you are starting again from surface its expense and time to reach the 200mts already drilled...
I would like them to drill as much as possible with the funds and time available....
But thanks for your response.

Diamond core drilling is expensive and triple diamond core drilling even more so.
Question,
Multiple quantities of exploration drill holes have already been performed. I'm presuming the location of these are logged and reusable if the upcoming drill programme intends to explore deeper depths?
Or is it a case of starting from scratch?

In the aim admission docs it states the company did 6 boreholes at Clontibret. Total depth 585 m so average less than 100m per hole.
Grades circa 16g/t,12g/t,10g and 7g were reported.
So question...
Why are reported grades now considerable lower?

After listening to the Sunday roast video again.
The Prof implies the 350m drills were done at Clontibret, stating that trying to calculate the potential increased jorc was meaningless simply by multiplying by area because it also extended at depth.
Looking back at 18th May commencement of drilling RNS at Clontibret, cannot find results of these?
Also drill results from PL1870, 2683 still to be reported.
Of course these could also have been done to 350m.

Will have another listen tonight, but still expecting the results that must be getting double and treble checked lol.

So when were the drills done that went to 350m?
Not time to listen to interview again, (Sunday roast?) but did he not say they had drilled to 350m and I am unaware of these being reported....connected?

Why say " in due course", if the results were not to be forthcoming, then it would be easier just not to ask the question.

There are many forms of recognition for a share...
Don't underestimate the psychological effect the MMs can assert on investors.
This is being controlled...
Of course just my opinion but the MMs have tools,methods to guide the sp in a direction..especially on low volume, which would be their first target.
First trade today...a small buy, followed by round number sells...these imo are MM trades purely to stop any potential surge.
My opinion only.

Likewise, and thanks for sharing your views.

PL2683!!

Hoping outstanding drill results from PL1870 , 2863 will surprise...but obviously the finalisation of JV and €1m payment should add value.
Potentially no more than 45m shares issued....
Tremendous potential sp increases ahead....
What will ignite it...???? Common sense!!

Can you please answer me one more question DS, your input is valued.
WHY ARE DEMIR INVESTING MILLIONS TO JV?
The Fortune 500 company that gazumped AA and since done their DD.
Why are they here?

Thank you for that response, so you are sitting on the fence and waiting,but believe it could fulfil the potential but will wait until resources are proved.
Fair enough, should hopefully not have long to wait.
When CGNR listed on AIM it was holding 21 PL licences (?), it now has 12.....
How did they come to the conclusion on which to dispose of?
Sometimes you invest on what you think to be the case without the proof....I will take the risk, agreed not for everyone. GL.

So what do CGNRs last results mean to you DS?
What is in there thats relevant to today?

The day I stop trusting the CEO is the day I sell.
Maybe that will happen one day...but not today.
Results are meaningless...
What matters to me is....will the potential be fulfilled?
At this moment I'm thinking there's a very good chance...
At 11m mcap....its worth my money and dreams.

The CEO of the company you are invested in has stated what he believes to be true...ie potential of numerous millions of ounces in the gold trend.
Demir are ready and willing to invest $millions because they obviously agree with him.
The Prof has clearly stated the prime objective is the development of the Clontibret mine.
Would you rather he just ignored the fact of the other
potential mines...kept shareholders in the dark?
I myself find the openness of the Prof refreshing ....keeping shareholders informed via different channels and yet some would rather have silence unless its fact.
AIM is rarely fact based....people more often than not invest on potential, some see it sooner than others, some take more persuading than others.
Let's see if the market has responded at year end...