RE: Well let's hope for a good reaction13 Aug 2021 08:22
Referring to the actual 12th August RNS -
" (CGNR) has discovered a 65km long district scale gold trend."
That's additional to the previous discoveries and has further strengthened the investment case here and consequently, the underpinning for Demir to JV with Conroy.
That's despite the amateur rhetoric some are trying to put across to the more gullible.
From the same RNS, the company, who unlike anonymous posters here, are held accountable for statements issued, have said -
"“These drilling results, COMBINED with the PREVIOUS results from the Clay Lake gold target, where high grade and wide gold intersections have been recorded, further indicate the SIGNIFICANT potential of this extensive gold target, which is one of a series of gold targets along the 65km district scale gold trend in Ireland which it has discovered"
Obviously we can refer to official & accountable sources of info, from recognised experts in the field - or amateur 'wannabe geologists' muddling up arbitrary selected Google search snippets ;)
With 39m shares in issues, any slight volume disproportionately moves the price. At a circa £9m mkt cap, very positive drill results continually bolstering the investment case AND the advanced JV talks with Demir (besides the anti inflationary prospects of gold investments with Fed expectations of interest rate rises going forward), CGNR presents one if the very best near term multiple ROI prospect on AIM.
Dyor & read over the recent RNSs / Presentations, against the macro economic backdrop moving into 2022/2023 - Demir would have!
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