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Conroy cites new Irish gold target

By Robert Tyerman | Wednesday 17 June 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Long-term AIM dog Conroy Gold and Natural Resources (CGNR) says it has discovered an ‘extensive’ gold anomaly’ of 700 by 300 metres in soil sampling at Rockcorry in Co. Monaghan some 14 km. from the company’s existing Clontibret gold and antimony project. The Dublin-based company, whose shares have evaporated from 2005’s AIM float price of 25p to 0.8p now, says four samples showed more than 20 parts of gold per billion of soil and five samples showed more than 10 parts per billion.


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