Member Info for Seingred

20p looking likely v soon .

What I do not understand is , when most here expect cnr to be worth many multiples of todays sp ,why you are getting your knickers in a twist about the present sp . Surely this is an extended period for adding more cheap shares . Peeps get worked up about the timescales because they are unrealistic about them in the first place . Agree that the re location issue cost us but that was years ago now . I have consistently said that we wouldnt be producing before elections .
Personally looking to get back in sub 40 p but last time I switched out cnr went from 27p- 60 p so thats a good omen for you all .

Few more for me too .may be further re trace .

Topshares ,fair enough ,cant argue with a good profit .personally looking to de risk and hold and possibly trade the ups and downs .good luck .

Managed a few more first thing after no electronic trading .been constantly lifting limit sell price this week for a top slice .24 p presently .

Ehad a little top up early doors .hard to buy online .

https://resourceworld.com/orosur-mining-up-100-on-newmont-agnico-joint-venture/
Been switching around this last week .good luck guys .still have a core holding here but too much action elsewhere presently .

Mole ,many thanks for your sensible reasoned posts . Dont blame you for giving it a rest tbh .

Came close to adding yesterday went with thr instead .oh well all is good .

Earsburn , movant may be over staing the reasons however I am sceptical . Unreconcilable differences is a term used when two parties have parted ways and not in agreement eg divorce etc. Legal companies are governed more strictly than aim directors with complicated corporate structures . That is why I believe Hogan lovells over zm version of the arb result .To my knowledge no legal firm has backed up zm claims in that regard unless I have missed it .
However it is quite possible that zm has become more of a hindrance and some form of deal is being worked possibly .

Earsburn .
1.16 of the American Bar Association's Model Rules of Professional Conduct respectfully request they be permitted to withdraw as counsel of record for Defendant Zaza Mamulaishvili in this matter due to Mr. Mamulaishvili’s failure to respond to communication attempts from Movant, irreconcilable differences and conflict of interest. Defendants Steve C. Nicandros and Zaza Mamulaishvili
If just no longer being a frr director is the reason ,why list failure to communicate and irreconcileable differences as reasons for withdrawal .There surely is no need if the reason is not being a director now .It would also be a conflict of interests if the legals or frr have irreconcilable differences with zm .

Earsburn
1.16 of the American Bar Association's Model Rules of Professional Conduct respectfully request they be permitted to withdraw as counsel of record for Defendant Zaza Mamulaishvili in this matter due to Mr. Mamulaishvili’s failure to respond to communication attempts from Movant, irreconcilable differences and conflict of interest. Defendants Steve C. Nicandros and Zaza Mamulaishvili are/were both officers, directors and/or agents of Frontera Resources Corporation and Frontera International Corporation (collectively, “Frontera?1;). Movants serve as counsel for Frontera and represent Frontera in other pending claims. It is through Movants’ representation of Frontera, that representation was extended to Mr. Nicandros and Mr. Mamulaishvili in the above numbered and captioned claim. ??Mr. Mamulaishvili is no longer associated with Frontera?? and as such there is a conflict of interest if Movants continue to offer representation to Mr. Mamulaishvili.

Doc 39 quotes irreconcilable differences and no correspondence in relation to zz .no correspondence sounds familiar .

E l , yes agreed . I am confident on gold for the medium term but expect turbulence and buying opportunities . It is hard to predict future sp for many reasons but I am holding fast in here for the next news but have to have plan b . Interesting few months ahead .

E l , no I am no expert either on those matters but It didnt seem correct to me . Yes still a tidy valuation and one that is achievable in time . I have never had an issue with a £3-£4 valuation when in full production what I dont see is a £150 m plus mcap on the back of a toll deal or land aquisitions hence my target for 80 p in the short term . If all goes to plan I will be holding for the medium longterm .We are all making our own calculations and good to have constructive discussion .cheers

Cheers fleming .holding a lot of producers ,now spreading out in explorers . In omi ,thr,arcm and palm too .

Cf ,yes royalties are correct .what royalty /cut do we think calibre will take from a toll mill deal .more than 13 pc thats for sure . Aaz are proving up more ounces . Obviously there are differences between all examples .
El ,yes I think all are undervalued and when cnr reach successful production and debt free then its a totally different story especially if they reach 150 k oz plus but that is a long way in the future presently . aaz and shg are using their cash to expand so will likely be bigger producers in a few years ,aaz with cngr probably and shg with Barrick as a main investor and Their newly aquired 1.2 m oz kenya project .
I just dont see cnr without production being worth equivalent ammounts but happy to hold all of them and more than happy to be incorrect .lets see what gives . I am a happy man if I am too conservative .

Taken a small position here this morning .hope to add a bit more later .

Hi el , yes tsg . Tsg p/e was worked from the previous years production with a much lower gold price .I think there probably is a flaw there somewhere .I would have thought p/e would be worked out profit after uk tax as we are a uk listed company but I am no expert in these matters .maybe we can have a few examples of a uk listed 120 k producer with a mcap of a billion usd . I think cnr would need to be debt free and paying dividends to get full rating which is many years away imv
I prefer simplistic comparisons . Aaz produces 80 k oz ,is expanding into other projects has lower aisc than predicted for cnr is debt free ,paying a good dividend and talking about a special dividend .a mcap of £150 m .
I want the billion dollar m cap for sure and in years to come it could well happen depending on gold price but right now I am happy aiming for 80 p .

Nero , agreed in the death stakes he has a long way to go to rival the us and uk for sure and I am definitely no supporter of either . I believe in holding all gvnts to account ,thats why I have been a member of stwc for years . However I will accept the words of ortegas brother humberto ,his best man and chief judge sollis , daughter ,amnesty ,hrw ,numerous famous Nicaraguan artists and pretty much all of the original sandinista generals over a few faceless posters ,telesur and john perry . I also know people from Nicaragua and they most definitely arnt from the right and dont support your viewpoint .
As usual we will have to differ on that one . Just have to wait and see how next year turns out .