Condor Gold Share Discussion Threads

[oldiegoldie] 15/4/2024 16:30

As I predicted, we crossed 30p for a short moment and are again on the downward slope. Mark and Jim missed the right moment again it seems, POG ist also hesitating.
No rate cuts this year becomes mainstream opinion, some people (;-)) predicted that a few weeks ago, too.
No good microclimate for Gold

[book5] 15/4/2024 16:00

sherwood58

IMHO, a deal can be reached, but for that to happen, either calibre, cnr, and miners need to give in

BFS omits la Mestiza for a good reason.
CNR can get all land today if they agree to give away la Mestiza, but that is not happening, we may be waiting for a cpo?
I believe Calibre & Chinese have made offers (with and without la mestiza), but CNR wants more from them and to pay less to the miners
So, we are waiting….

[sherwood58] 15/4/2024 15:45

Argh, how many times book. A company can be sold at any stage. It may/may not be necessary for all the land to be owned before selling. That all depends on the acquirer. They may but the remaining land or they may negotiate that condor buy all the land before a deal is done. Companies get bought out well before this stage even some awaiting mining permits. Please give it a rest.

[book5] 15/4/2024 11:59

We don’t know what CNR can sell to calibre; maybe the mestiza is excluded if required for a land swap? We don't know. We need an RNS stating we own 100% of the land we want to sell to Calibre/Chinese.

There must be issues with the village being so close to the mine.

The share price has had a very decent rally recently; whether the new buyers are fools, we don’t know yet.
Gla to all investors

My contacts keep quiet

[aleoap] 12/4/2024 21:04

Calibre speaking earlier this week. Sounds like preparing shareholders for an 'opportunity' in Nicaragua from 12:45. Let's see. htTps://www.goldforumeurope.com/company-session/3195

[diggybee] 12/4/2024 15:54

He is not your friend.

[oldiegoldie] 12/4/2024 15:46

JM has proven many times that he is no fool and has excellent skills pulling down other peoples pants

[zangdook] 12/4/2024 15:22

Mellon is no fool. Do you think he's on your side?

[yliano] 12/4/2024 14:57

I somehow have the feeling that we will still be surprised in a very positive way.JM is no fool. So far, his strategy is based on PoG 2400.

[oldiegoldie] 12/4/2024 11:42

888 has decommissioned the “Zoom out” button on his CNR trading software. Every day a new all time high for him

[zangdook] 12/4/2024 11:36

Condor has halved in price because of Mark Child's lies.

[diggybee] 12/4/2024 11:06

Lies, lies and damn statistics. In the last 4-5 years gold has gone up around 50%. Condor in that time has halved in price.

[dexdringle] 12/4/2024 09:53

How to make a small fortune on Condor Gold shares. Invest a large fortune...

[888icb] 12/4/2024 09:04

CNR has moved with the gold price it’s Up 30% in the last month.

[montynj] 12/4/2024 08:35

Pity share price not moving with gold price

[888icb] 12/4/2024 08:17

The Value of Condor’s Gold
As Gold reaches another All Time High let’s just revisit the value of Condors Gold as set out in this summary of the BFS in September 2022 and is the basis for the current sale process:

“ The Company's strategy has been to develop the fully permitted La India Project in 2 stages using the new SAG Mill that has already been purchased. The delivery of a Feasibility Study on La India open pit with an average of 81,524 oz gold per annum for the initial 6 years for a relatively low total upfront capital cost of US$106 Million is a landmark and further de-risks the Project. At US$1,600 oz gold, the La India open pit Mineral Reserve produces total revenues of US$888 Million, the total operating costs of mining, process and G&A are US$480M, leading to an operating profit of US$408 Million or a 46% operating margin. After government and other royalties, but before sustaining capital, the operating profit is US$355M, which in Condor's opinion is ample to repay any project debt on the relatively low upfront capex. At US$2,000 oz gold after paying royalties, but before sustaining capital the operating profit is US$563 Million. In reality, two permitted high grade feeder pits will be added during the early years of production thus increasing production ounces of gold. Early production is targeted at 100,000 oz gold p.a..”

The highest Gold price used was 2000 and gold is now in touching distance of 2400 and the futures moved above 2400. That additional $400 per oz is all profit which must make CNR a very attractive prospect at an ever increasing price.

[oldiegoldie] 12/4/2024 07:55

Yliano, if you will be a millionaire soon you probably invested 800.000

[yliano] 12/4/2024 07:31

Many years ago, a share price of 28.80 was calculated for Condor. At that time, PoG was at 1200, so today the price target is 57.60. We are all millionaires.

[sherwood58] 11/4/2024 21:57

Dex, ever thought about looking on the bright side? We could have sold this on the cheap last year, now look at the gold price! Condor are in discussions with 2 gold producers. They will have more cash on hand and higher shareprices should they buy us with paper. Let's hope gold miners are more generous given all this extra cash they've got.

[dexdringle] 11/4/2024 18:59

Aside from the lucky few who bought at 15p (and should by now be out and away if they have any sense) this whole project has been an unmitigated disaster for anyone not on the Condor payroll. Essentially it has been, and continues to be, a lifestyle business for the staff.

[connect5] 10/4/2024 17:09

Similar price required for me to get my money back, however with no compensation for the lost interest or dividends over the last 13 years. A poor outcome but I would gladly take that.

[dexdringle] 10/4/2024 13:32

....then the orchestra will segue into the Big Top clown music....

Rat tat taddle addle rat tat tara....