Condor Gold Share Discussion Threads

[oldiegoldie] 15/5/2023 08:22

With rubble I mean the rest of the company

[888icb] 15/5/2023 07:57

There is a lot of gold in the rubble and the buyer will want to know they have got all of the 5 million oz+ potential.

[oldiegoldie] 15/5/2023 07:50

Why would somebody bid for the company if he can have the asset without all the rubble?

[book5] 15/5/2023 07:19

No news from the village
All quiet

[888icb] 14/5/2023 12:49

It is also highly likely,having been mentioned by Mark on several occasions,that a bid or bids for the assets could end up as a bid or bids for the company.

[sherwood58] 14/5/2023 12:25

OG, I would expect a special dividend like for example amur minerals.

[book5] 14/5/2023 07:38

Sher
U probably are right
We still hold around 5% of our original holdings
I am not sure we will sell above current market cap, imho there is selected misinformation directed to push the share up, I.e bad news ere not reported to small PIs

[oldiegoldie] 14/5/2023 07:38

Sherwood, how do you think the money a buyer pays to CNR for the asset (so it goes from the bank account of a buyer to a CNR bank account) will land on your bank account afterwards?
The share as such is worth less after the asset sale, so the cash raised needs to be paid to you in some form of extra dividend. How likely do you think that is?

[sherwood58] 14/5/2023 07:16

Book, there is significant interest in the asset. The remaining 0.4% of the land will not worry any potential acquirer. The capex cost included paying for the rest of the land.

Regarding selling now, everyone is entitled to their own opinion and investment position, but to me I can't see the value/offer to be less than the current market cap, therfore I don't see the point in selling. We are so close to the end of the road here, why not hold on for a few more weeks/months to see full value?

[book5] 12/5/2023 23:07

Relative to HUI index calibre is doing well, today it closed at max of the day, and max for the last 18 months.
they have been increasing production , and gold reserves with high grade. Several brokers believe calibre is worth more than 2.2 Canadian dollars. It is good for cnr that calibre is performing well.

cnr up in Canada with very little volume

If I remember correctly Mako has recovered among other things because they managed to refinance its debt last February , as a result its share price spoke to around 2.7. Its performance, so far, has been worse than calibre. Could cnr get some financing now? Selling la Mestiza to Calibre, could help to raise the rest of debt we would need. Imho the market only values la Mestiza, rest is close to zero (till we get all the land for la India and America), so la mestiza is probably very valuable and its sell could help to raise the rest of the financing we would need to build the mine.

a rns saying we own all the land and are getting financing to build the mine should provide a good opportunity to increase our holdings here for the long term appreciation, till them happy to have reduced my holdings.


gla,

[dexdringle] 12/5/2023 19:30

I'll have a pint of whatever it is that dogface3 is drinking.....㊃5;

[dogface3] 12/5/2023 19:16

The land he’s bats on about owning which we don’t bare face lies the man cannot sleep straight

[book5] 12/5/2023 14:48

It must be within the rules because he received 30 million warrants when he invested 1million to sell the company. They cant now say it is against the rules to convert the warrants during sell process because capital was raised, and warrants issued, as means to sell the company
2 weeks left
MC in Nicaragua to speak to the government about the land?

[bahamasoil] 12/5/2023 14:38

I would expect JM to take up his allotment providing it is within the rules. It would certainly say a lot if he declines.

[book5] 12/5/2023 13:16

8,194,125 warrants at exercise price 40p. Expiry date 28 May 2023
why would they not be converted if this is worth more than 40p per share?

any information about when options expire and at what price?

[zangdook] 11/5/2023 16:35

I'm now down to 8% of my original holding. Not sure whether to hang around, probably I will for a time.

[oldiegoldie] 11/5/2023 16:28

Utter BS all
I remember some years ago there was even this collection of financial donations for books contacts in the village 😵‍8171;😵‍;💫😵‍💫

[book5] 11/5/2023 16:21

In case u are a mathematician
Sample 6, rather small.
Results:
3 for cnr
3 against industrial mining
For Any more details , pls ask.

[septblues] 11/5/2023 15:46

Book5 - I have to congratulate you - about a year ago you told us that you no longer had contacts in the village the main one having gone to Managua. You've been highly active and successful in developing a number of new contacts in the village that do opinion polls for you - well done!

[book5] 11/5/2023 13:35

I am sure cnr could sell la mestiza to calibre
if it is true that cnr can buy all the land, then with the sell of la mestiza to calibre, cnr should have the funds that would allow us to get the rest of the financing to build the mine...just a thought

[book5] 11/5/2023 12:53

Zang
The grass roots are mainly against foreign miners, but Ortega trust foreign miners more than local miners.
Sandino created a revolution raising against an USA miner, grass roots had that in mind and refer to that when they speak and log for nationalisation of mines.
Imho Minority of intellectuals are for foreign mining , but this idea is not well received for majority of the population
Same happen across south America yet they have foreign miners

B

[sharenotes] 11/5/2023 09:57

Simply background info mixed with opinion: