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RH-heath, it's probably because of my memories of how appallingly wrong you got Savannah Resources but please excuse me for asking you a question or two. On May 6th when the sp was 32p (roughly 12% higher than now) you posted this: "With just 44% of shares in public and many of those tightly held you can bet their will be a scramble for stock that will take this significantly higher. All hold tight, sit back and enjoy this GOLD jitter bug." I appreciate the 'GOLD jitter bug' that never happened. I also see your use of the expression 'scramble for stock' as you used the very same expression on the Savannah discussion board not long before Savannah Resources sp plummeted around 90%. My questions are these: are you capable of admitting you got it horribly wrong regarding Savannah when you stated emphatically that it would never go lower than 2.3p (it plummeted 80%) so it did go way below what you stated, and is it possible you might be wrong about CGNR given that it's also dropping after your 'jitter bug' post highlighted above? I only ask because you sold out of Savannah at a huge loss and now their sp is back up to over 3p. Are us innocent investors to assume that even though your CGNR predictions have been as shockingly awful as your Sav predictions, can we now expect an sp rise after you've sold out yet again at a loss? I pose these questions as I find you utterly credible.
....may be on the way shortly. I'd be very surprised if the news was bad. There are some serious people involved here and I expect it to be good news.
Timeless, you've been asked yet again over on the MTR board to stop with the ramping rubbish. I'm asking you to stop doing it here. Like the posters on the MTR board said, I can't say what I really want to or I'll be banned. Today was a good day. Getting the drill bit into the ground (even if it's only for yet more than research purposes) is a good thing. CGNR do not do time-frames but maybe with MTR including CGNR in their bottom-feeding companies investment plan CGNR might become more communicative. It's worth noting that MTR has dropped 50% in a short period of time but I think that's because their investments are high risk/high reward, just like CGNR. Hopefully, there'll be more days like today.
The gold was discovered nearly a decade ago. We know there's gold, we even know the amount. The problem up to now has been getting it out of the ground. This has taken years of placings, dilutions and most recently a "consolidation". It is no coincidence that an operations has come out shortly after MTR invested. That might be the kick up the hole the bod needed. At one stage we went almost 6 months without an RNS. Hopefully, that's all changed now but I believe the most important RNS will be the next one for two reasons: firstly, will it be months upon months or have they finally realised that shareholders deserve updates more regularly than 4/5/6 monthly, and secondly, will they just be announcing more magnificent finds or will they have moved on with actual development. I hope so.
A solid RNS with more news to come in the coming months.
It wasnt a joke, Heath. But thanks for highlighting exactly who I was referring to when I mentioned pump and dumpers, and those whom I experienced before on other bbs. I know you well enough to know you'll hang around to prove a point. Of course you're now losing here too so we'll need every ounce of your articulate and knowledgeable sounding eh...honesty. Most people here dont mind so I'll leave you to it (mostly).
I normally read over a few new posters' comments on other boards before I make a comment to/about them but we have had such a plethora of bs'ers who jumped in two weeks ago on the MTR news and frankly did a rather good pump and dump. It was telegraphed but I got very little support here (hat tip to Sercher who saw what was happening). Needless to say the vast majority of the pump and dumpers have vanished but they did their damage to the already delicate credibility the CGNR bod have. Some posters here do not mind dishonesty/ramping/ misleading comments as long as they appear to be positive about CGNR. It's an AIM-wide problem that very few stand up to the latter. They only end up turning off potential investors in the long run but some are too narrow minded to see that. For the record, I have defended CGNR and Professor Conroy especially to the hilt up until quite recently. I always said 2016/17 is what I'm waiting for. But seeing those pump and dumpers doing their thing got to me for two reasons: I can't tolerate duplicity, and I'd experienced one or two of them before on other companies' bbs. I highlighted that but they 'group-reported' me and got my comments removed. I assumed without checking first that you were just another one of those I dislike. Whilst I still don't fully understand your logic about trades being filled etc I accept it was not a stupid strategy and that you posted your thoughts in sincerity. Simply because it's the right thing to do I apologise unreservedly. I was wrong about you and I wish you the best of luck. (Btw, I had decided to apologise before I saw your follow up post containing 'man enough to do so' etc.)
I highlighted a stupid, illogical prediction that had no basis in reality. If you want misleading and unintelligent discussion just because it sounds good for CGNR then filter me. I'll continue to call bs when I see it. I still have pride.
The investors here love your long awaited comments, Early-Bird, but in fairness you haven't been around through all the red days, just appearing when the sp rises. The thing is this: there is no logical explanation for this sp rise. In fact, the sp will go back to dropping on Monday unless there's news which I'd be surprised to see. There may be an RNS from the bod pointing out that they do not know why the sp rose (I've seen a few of these RNSs lately on other shares). Regardless, I'd like to see an RNS with teeth which would justify this rise. I'd like to see you doing well too after a few disasters but 'a sensational performer'? Based on what?
Let me make it easier. Look at these comments from last week: "Above full ask paid. Few more buys should move us up to next level. With just 44% of shares in public and many of those tightly held you can bet their will be a scramble for stock that will take this significantly higher. All hold tight, sit back and enjoy this GOLD jitter bug. That works out to roughly 56%. Theres a few others without stated holdings that have accumulated stock I believe and general consensus is a £1 target fairly short term. I think a 5mil oz find should steer us well past that figure mind but £1 makes for a nice starting block. If we do discover what they think might be there then we're talking MULTI-BAG of the highest order." Those posts are just a sample of the bs this board was polluted with last week by ONE person. That person has contributed once to this board this week and that was to insult me. If you were being genuine and wrote those words a week ago, would you have vanished all of a sudden> Also, look at the words used: 'I believe', 'general concensus'. Utter crap. Whose concensus? That is all dishonesty. I will gladly sing the realistic and genuine praises of CGNR and you, Proman, know nobody has defended the company more than myself. I just won't tolerate bs. Long term holders like us are always the ones who end up paying.
Look at last week's posts. Look at the new brigade that entered and vanished the minute the sp began to drop back. They wrote eloquently about the merits of CGNR and then vanished. These people are cute enough not to say anything blatantly dishonest (although RB Heath's removed post today contained lies about me). They pretend to be really interested and do about an hour's research to appear knowledgeable. They ramp up whatever company is the choice of the day/week/month and as soon as they have fooled some naive posters into buying a few shares (which always bumps the sp of companies at rock bottom) they sell out and are gone. That is the dishonesty of rampers. You have 364 posts and you've never come across the phenomena of ramping? Ramping is dishonesty epitomised. I've answered your question in good faith as we've chatted before (and accept that you really don't see any dishonesty) so perhaps you'll answer a question for me: where are all last week's posters who spoke of re-rates, mms doing this, that and the other, big guns coming in, etc etc.
Timeless, other than comment on the FACT that you are regularly called out for ramping on the MTR discussion board. In your response to me below you felt the almost compulsive need to ramp MTR yet again and then advised me to 'stick to what I know' as though I had discussed MTR's fundamentals or such. I didn't. You just couldn't help yourself. LOL. Anyway, I'll repeat my opening thought in my previous post: "I'm opposed to anyone who is dishonest about the prospects of a company that have bled dry thousands of investors over the years." Even if I'm invested in the company (which I obviously am here) I will call out bs every time I see it.
I'm opposed to anyone who is dishonest about the prospects of a company that have bled dry thousands of investors over the years. We have had to beg for updates frequently going literally months without an update, emails being totally ignored, discourteousy by telephone receptionists and so on. So, if a few bottom-feeders want to come in here and ramp the bejesus out of the company for a few days and then f*ck off with their small profit, damn right I'm going to call them on it. Where are they now? I actually like what CGNR has but being treated like sh*t by the bod of a company one has supported both financially and on these stupid discussion boards for a long time has earned me the right to call foul on the scum that trawl these boards looking for quick money at the expense of loyal investors. I don't consider you one of them but you have ramped CGNR just because you're invested in MTR - which you have also ramped and have been continuously called out for on their discussion board.