Member Info for Seingred

hi dukey,are you back in ? What you been up to ?

https://www.youtube.com/watch?app=desktop&v=GNKlDsVozhk&t=1s&fbclid=IwAR3EtRk-i3c5AHz30gxDNNmOISfrln3AO0ULx2Smc1OL2qfgX0f7UWpl5fo
big dog and any other halfwits, heres why the traditional finance sector is worried about crypto . well worth a look to anyone who actually wants to make or save cash. I rate these guys somewhat higher than nero.
good luck anybody buying today . I am sticking with halfwittery for now because it has been very good to me . It has to be good that halfwits can make money and equal out the world. can't only have tax avoiding non dom sharks like mellon having it all can we. oh well back to some man work up the scaffold .

those bargain sellers are most likely holding free warrants now. nice way to hold cnr shares. pay for them if they are in profit, ditch them if they don't come good .nice investing strategy.sha,me it doesn't work like that for us lol.

https://www.youtube.com/watch?app=desktop&v=GNKlDsVozhk&t=1s&fbclid=IwAR3EtRk-i3c5AHz30gxDNNmOISfrln3AO0ULx2Smc1OL2qfgX0f7UWpl5fo
this guy is really worth following re crypto but also other investments. burliegh, same here . i could have been paid in bitcoin for a job about 6 or 7 years ago when bitcoin was $700. its now around $60k. took me a while to cotton on buying etherium on the drop 3 years ago between$ 500-200.now $4000. always best to have an open mind. blockchain ,defi etc is moving really fast and isn't a ponzi scheme that will disappear in a puff of smoke. having a bit of bitcoin in your pf longterm is a sensible move imv. as with everything timing is important . you can start really small with a coinbase acc . no acc fees just fees for buy and sell. yes do plenty of research . if you do take the plunge make sure you have a good amount of either or both etherium /bitcoin. I like solana too allies are more unpredictable and volatile but big gains can be made. good luck .
app for off topic

icb , it is possible cnr arnt mentioning f m taking shares but as mentioned before ,icb,ross bbeaty and nicaragua milling were all mentioned in funding rns so it would be a bit odd and missing an added pr op.
oddly myself and condor f come up with similar ways of valueing cnr .perhaps you can explain why you think cnr should be valued at £ 1 or rather than me being a de ramper perhaps you are either a ramper .
i predict a placing at around 35 p ,you call me a deramper.we have a placing at 35p you defend the placing and call me a de ramper. muppet

ahh ok arb, not actual crypto,think you will do ok . I have some obc and trd .going to buy some cleanspark. Many are expecting the bitcoin bull run to end by q2 next year.worth baring in mind if you hold crypto miners. good luck.
may add a few more here this week .

ccc , still doesnt get away from the fact that it will be disapointing if fm havnt taken shares at such a lower level since they were such a bargain at 50p surely we can agree on that,no? of course it may transpire that they have taken shares and cnr havnt disclosed it ,but that would be a bit surprising . it is what it is absolutely. I am not one of the people disapointed at the raise level or the warrants as I predicted pretty much what we got. regarding what mc says ,well he has been quoting re rates for years so I prefer to use my common sense as it has been more reliable. yes the recent rns have been good but as I see it the knowledge that there was a placing for at least 6 weeks prior has helped keep the sp down . probably would have been better keeping that under his hat until placing time.
anywhere near the placing price should be a good buy in the longterm. Although tempting personally not joining in but good luck.

hi c f, your method is perfectly sensible.I think £200m is a reasonable figure to guess at. despite icb twisting my words , a toll makes a big difference.I dont believe there is enough time to avoid a cash raise but it should both reduce the ammount needed and lift the sp so we raise at a higher price . Both scenario being much preferable to raising in 6 months without a toll
as E L mentions, the gold price could be much higher and calibre would re rate for sure. presently best to use present data.
one note of caution, aisc are rising and look likely to continue imv so if gold should reverse there is a possible double whammy but again theoretical. I see little chance of there being under 200 m shares and like you if no toll is confirmed 250m is more likely. your 40p is a reasonable for this although could be 50p or could be 30p . peeps like icb who call me a deramper and think the sp should be £1 , how ?
yes pretty reasoned post.
e l, calibre are way ahead of where cnr will be when production starts . they are soon to be 250 koz producer with pretty much as much cash as our m cap.
lets hope talk of toll deal materialises.

icb, I make the point that perhaps they have bought but not mentioned in the rns. It may turn out to be premature to assume this ,yes agreed. However if you bother to look at previous placings you will see the ifc, Ross Beaty and Nicaragua milling named in the rns so it is not an outlandish assumption. ok lets simplify this for you icb, do you agree that if f m have not bought then this idea that fm accepting part payment in 50p shares means very little re sp value? do you also remember calling me a de ramper when I said placing at 35 p. I was expecting 15 m shares so a bit out. my agenda is reality . I have stated that if a toll deal does happen it is a different scenario. dont try to twist my words to fit your agenda to close down debate. not everybody agrees with the attackdog mentality that you and certain posters show.

icb, as frequently noted fm were happy to take part payment for sag mill in 50 p shares. personally didnt realise we still owed on it. However from the rns it appears they have not bought at 35 p so what do we take from that. many on here have used fm s 50p as some kind of underpinning of the sp . I would imagine that having a sag mill that possibly needed further payment , storage and no use, the condor deal was probably the best option available . maybe f m have bought and not mentioned in the rns which would be a bit remiss.
Unfortunately I dont believe £1 is a realistic valuation before mine funding and production . There are now just shy of 150 m shares , not allowing for warrants etc, so a m cap of £150m, before funding and mine build is very hopeful. as we have seen recently, calibre have just added a cash positive, debt free producer in safe us for $150m. aaz and shg have a m cap less than that and are paying dividends are cash positive and debt free.
still peeps dont want to factor in dilution.Of course explorers need to dilute to progress. The level at which the company dilutes is the critical factor. mellon has paid £1.60 in the past . The last 4 years have been the most damaging dilutionwise. we are valued by m cap so obviously every extra share issued reduces your share price target. The best case scenario is for sure a toll deal asap. It would be good if the sp moved significantly north before funding but not a given by any means. Nobody wants to factor in that it is possible we may be doing the main finance at lower than 35 p. Not a prediction but certainly possible. how many shares if raising 30 % at say 25 or 30p ? hope it is not the case but possible which is why I am unlikely to add until after the big funding.
my reasoning for the sp of the recent placing price and the fact that the sp wouldnt budge north until ironically days before the placing was the market knew it was coming and that is never a good thing for the s p. I believe the same scenario is likely to happen with the next placing that is signalled 6 months in advance .Hopefully I am wrong . I think some are not factoring in the fact that this placing was most likely being finalised when the sp was around 36p so not really much of a discount. the sudden rise to 50p is a bit of a mask.
I also am not as confident as everybody else that there will be no consequences of the election fiasco. neros assumption that the international opposition against ortega is not hardening is wide of the mark imv. time will tell. events positive or negative may happen between now and financing but we are getting towards the business end finally.

what you bought burleigh. theres generally too many binaries on these boards. good luck.

simms, mellon may be calling the shots but he thinks we will be producing 100k oz next year ! bit worrying considering he gets not only mates rates on placings but presumably paid as a director!
this placing is very close to what I predicted and was called a de ramper by the very posters who today are defending it .funny old board. for me it was very predictable and business as usual. par for the course. now we just wait to see what level of dilution for mine build ,what possible holdups and dare I say it maybe even needing another little one if timescales slip or problems arise.
hi ho!

slippery, concur, being fully transferable is the giveaway. although the warrants can also be sold on as mc did after one placing I believe.

noel, you also joined this board predicting an sp of around 70p if my memory serves from your charts. the present sp is closer to the original sp than your 70 p. as they say a stopped clock is correct twice a day , no doubt if the sp should miraculously reach 70p you will claim credit for that one too. I think most here were aware the price was dropping . The surprise was last weeks rise above 40p. Its the noelisa petty squabble that is getting tedious. just out of interest whats your forward prediction?

cf, the day of a placing is normally a good day to buy. I cancelled my longstanding limit buy here a while ago. I personally dont see great upside short to medium term compared with some opportunities and still too many possible issues . you know the score here better than most so wishing you good luck.
I have opened a freeshare acc which is great for adding little and often with no fees. I prefer it to my ii acc but they dont cover all shares but do cover a lot of us shares and you can have fractionals too which is good for us stocks with massive sps. Also dont seem to have limit orders .
yes,lets hope a toll deal finally materializes,would be a big positive in a few ways.

mm, apologies, I read a report on google that seems to have gone now that I could have sworn said 39 p. oddly removed now .
oh well 35 p , pretty much bang on mr reds guestimate . onwards to the elections and beyond.

surprised that this has got away at 39 p considering the plunge in sp recently .I was fearing low 30 s until the quick rise to 50p .
little less than I was expecting cash wise. warrants as expected. would think for anyone who is long on cnr today could be a good day to add. Personally keeping powder dry till next year. As C F notes, no mention of paying for land . we have ballance to pay off sag mill.
el , re valueing warrants, I seem to remember M C selling on his warrants once a number of years ago which may give you an idea. 1.5 p comes to mind but that is from memory and could be incorrect. agree the number of shares to directors other than the manx tax avoider are pretty pathetic. less than many posters buy on a regular basis . no first majestic by the look of it or beaty (no surprise) or nic milling although I do remember no mention of beaty in one placement rns to later discover he had added so perhaps some further info to come on any other buyers. not expecting R B to be among them .
no real surprises there and best to have it out of the way and move on towards the biggie sometime next year .

nero says that western political/corporate classes or "establishment dont give a f f about corruption or human rights . probably not too wide of the mark. Has he looked at mellons family tree lol. many opposed to mining see condor in exactly the description of being after the spoils and also dont give a f f about human rights and in fact western, Russian and chinese all like to deal with stable dictatorships for safety. I disagree that ortega is tiptoeing his way and suspect there are going to be repercussions after the election . The election is a foregone conclussion. wasnt aware of Rios large spending in Nicaragua,must have missed that one.
not sure if jacobin is accepted by the rt,sputnik readers but is generally considered left wing and worth a read for ballanced background.

https://www.jacobinmag.com/2018/08/nicaragua-protests-daniel-ortega-sandinistas.
https://jacobinmag.com/2019/09/nicaragua-central-america-anti-corruption-autocracy-neoliberalism

I mentioned the free trade agreement a while ago and is a possible stick. I am not aware of any us mining companies although U S is Nicaraguas largest market. maybe unlikely to affect cnr on the ground but unstability often affects the sp.
socialist Spain,Mexico and Argentina have criticised ortega. Michelle Bachelet , un high commisioner of human rights ,ex socialist president of Chile and well experienced in opressive regimes from the pinochet era has visited and condemned Ortega. socialist international also expelled Nicaragua. of course it is double standards and arbitrary for us to sanction Nicaragua and not Saudi Arabia for example but doesnt absolve ortega for his actions. morales, maduro and cuba signed a letter of support of chinese treatment of muslims in china along with a host of authoritarian countries.
authoritarian regimes are on the increase across the world whether right wing or supposed left wing and employ similar tactics. The U S despite its many failings did have the opportunity to remove the most authoritarian lunatic in their recent history thankfully.
e l, there is not a lot of history of us sanctions achieving a whole lot apart from hitting the innocents however some attribute the sandinista election defeat to the us embargo and the U S doesnt really have any other aproach. only time will tell if it will affect us in any way but I want to see the dust settle before making any further buys.I am happy that for now I have been able to attend many large protests which is a fundamental human right whichever breed of media you believe .

https://www.youtube.com/watch?v=uE_VchGZakY&list=OLAK5uy_n_JZsWqQj08CYLeVdNV67jP5YQQP_u3QA
bit of poetry for you mapp

mapp,good luck . ufo having a good run so not all bad on body dodgy aim today .