Member Info for Yogi1

This landowner originally demanded £10m, so given this type of mentality, the company have done the right thing and left it for the authorities to decide. This is the procedure in Finland and it provides certainty.

The 60 day appeal period is the law. (I presumed it was 30 until I looked it up and realised it was 60). So be it.

As for appealing this further to the Supreme court, this would not get past the door as very highly likely that the supreme court would not even grant "leave to appeal". Highly unlikely it would be further appealed. If it is, then worst case scenario is up to 3 months to make a decision not to grant leave to appeal. Kuhmo and Northern Ireland may be more important than Lahtojoki.

Target Price, based on Clontibret in Sept 2023 (and based on a projected gold price of $1900) was 180p. Gold price now around $2500. Conroy gold now saying "Joint Venture anticipated over individual mining projects or entirety". On 20 May 2024 Marian Maroney takes up new position as a Director at Conroy Gold after her previous position as Vice-President, New Exploration Opportunities at Barrick Gold Corporation ('Barrick'), where she was responsible for pipeline growth.

Conroy gold share price approx 8p and company close to announcing one "or" more Joint Ventures with the top mining majors in the world. When news breaks here, I cannot wait to see the speed of re-rate. Only question is when?

Prof said back in May that the share price in no way reflects the asset value. He said that we are now in a position to do something about that. A little more urgency from the company would help.

Company needs to update their shareholders

It was obvious that this was going to start northwards after the share price had fallen to such crazy levels. The market capital here is beyond bonkers. Even without the future JV with a major, this share price will continue to recover and rally upwards. There is now a push to buy shares as logic dictates that the JV should be close to or nearing completion by now. If the JV is with Barrick Gold or similar, as I fully expect, this will move to 50p + instantly. People picking up stock at the moment know this, have done their research, and can see a significant rerate coming. With the wind in its sails, I will be keeping an eye on this stock this week. DYOR, IMO, and good look to all who hold these.

I’m happier to be in this than not on a Friday evening. Rerate on news of a major is what I expect

Looks like he is still buying, whoever he is. Nice price.

There was a Barrick Gold Director called David Naylor a few years back, but probably just a coincidence, doubt it is him.

Is David John Naylor an investment vehicle for someone else?

Https://investingstrategy.co.uk/mining/investing-strategy-the-conroy-gold-edit/

It’s not their style to say anything until i’s dotted and t’s crossed unfortunately. This jv with major may dwarf the previous jv. Many may be surprised, I won’t.

Presumably people have already taken positions at these low prices already. I know I have.

Agree Fairview. The last target price I remember here from broker was 180p……And it sits at about 5p now.

I notice no major share holders have sold and are also quiet. They know what’s coming. A lot will feel a little silly given the company has indicated to shareholders, either via interviews or rns , that new major partner is their next move. Brilliant to have picked up stock at current levels as they will be a thing of the past soon.

I will leave you all to think on that. Good luck all here.

Agreement lasted from 2010 to 2020. (Don't CGNR have a drill ready target in Finland that they have been holding for someone? The confidential info shared by Rio Tinto worth £40-£50m included info on Gold too. Remember doesn't Karelian share an office with Conroy Gold ( or should I say...."with themselves" given staff are common to both)

"In consideration of Rio Tinto disclosing the confidential information to it, Karelian has

agreed that Rio Tinto will have the option (exercisable at its discretion) to earn a 51 per

cent interest in any project identified by Karelian in Finland by Rio Tinto paying the

direct cash expenditures incurred in developing the project subject to the following

conditions:

1. For diamond projects the option will be triggered if Karelian completes 10 tons or

more of bulk sampling for diamond exploration; and

2. For all other minerals the option will be triggered if Karelian discovers a resource

with an in situ value that is equal to or greater than 3 million ounces of gold in a

JORC compliant resource calculation. "

Don't forget Rio Tinto's confidentiality agreement with Karelian (CGNRs sister company) also referred to a gold resource of 3m ounces. Wonder why they did that. Don't rule them out either. Google that confidentiality agreement if you don't believe me.

And "Copper". Its no coincidence given belief KDR have stumbled on 2 major deposits in Fermanagh, bust down the road. See the bigger picture. Marians expertise is in Copper too.

Not true Deathstranding, Barrick deal in Tier 2 also. Clontibret alone will easily have 3m ounces.

https://www.engineeringnews.co.za/print-version/barrick-sees-tier-1-or-tier-2-potential-at-six-japan-projects-2022-09-08

In 2015 when Marian made the top inspirational women in mining, prestigious list, she was senior director of global exploration for Barrick Gold Corporation. Shortly after she left in 2023, she becomes a Conroy Gold director. She has a very good reputation, so she is hardly going to make a move to damage it. A significant deal is on the cards here and I will eat my hat if I am wrong.

Https://www.mining-journal.com/leadership/news/1358822/reunion-adds-barrick-nominee-board