Conroy Gold: One of MiningMaven’s Recovery Plays for 2014/15

In the words of prolific resource investor Rick Rule "We are at or approaching a market bottom. Money is made in speculative sectors by buying low and selling high. You have the opportunity in the next 12 to 18 months to buy low. This is my fifth major market cycle. Every single one reinforced to me that bear markets - like the one we've been through and the one that we're in - are the authors of bull markets. A market which has fallen by 75% in four years is arithmetically 75 percent less risky."
 
Recovery plays are not always well understood, well liked or even expected to recover. If they were, they would already have recovered and no longer offer value!  That said, right now the vast majority of natural resource stocks are unloved and those with assets holding value and potential beyond their measly market capitalisation are harder to spot amongst the crowd!
 

Conroy Gold and Natural Resources: BIOX® Testing and Rationale

Conroy Gold and Natural Resources (LON:CGNR) have been busy progressing various elements of their Irish gold project as witnessed by recent RNS releases which actually extended to include some interesting Zinc findings.  But the most recent work has related to BIOX®  testing which is being considered in respect of the planned mine development at Clontibret. We anticipate that others, like us, would be keen to know a little more about the BIOX®  testing process and rationale, so we put a few questions to the company who, as usual, were happy to respond.

Conroy Gold: Irish Gold Report

Ireland has once again become a new gold frontier. Ratings such as “significant” are being linked to its gold resources for the fourth time in its long mining history.
 
Ireland is already a world player in minerals for zinc (44% of EU27 production) and lead (25% of EU27 production). In 2011 total mineral exploration spend was around US$38m (up over 30%) and the 595 exploration licences covered 25% of the country according to the US Geological Survey.
 
Conroy Gold and Natural Resources (LON:CGNR), the Irish AIM-quoted gold explorer and developer, is a tribute to one man’s conviction and the dedication and commitment of the team around him. Remembering his Irish history, Professor Richard Conroy decided to search for Irish gold in the mid-1990s, taking the exploration company he set up to London’s OFEX market in 1997 and then, in 2000, onto the AIM market.

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