Condor Gold Share Discussion Threads

[baldrick1] 19/12/2023 15:15

For every little buys a large sell follows,..is there something to be wary about???

[dexdringle] 19/12/2023 15:07

Let's not get too excited. The share price is so far only back to where it was in August....

[dexdringle] 19/12/2023 14:59

<<<<< sharenotes 19 Dec '23 - 14:17 - 11955 of 11958

Dex, that’s a very interesting topic – AI is being more widely used in geological mapping/surveys, with some success I might add. >>>>

Even better, maybe we could get AI to figure out whether we own 'all of the land' or just 'all of the land' !

[sos100] 19/12/2023 14:52

Gift at 15p...

should have gone with my gut instinct and taken more.

[connect5] 19/12/2023 14:35

You've got the same break even as me DEX, GL.

[oldiegoldie] 19/12/2023 14:25

Septblues „ What an imagination you have, OldieGoldie! Whilst we can swap notes in 2 weeks, I cannot guarantee that I will be ‘in,’ as you put it.“

You mean as soon as you got the capital back that you put in 10+ years ago, you will party for one month in a row?
I mean let’s be honest, more than getting your money back is not possible in any scenario

[sharenotes] 19/12/2023 14:17

Dex, that’s a very interesting topic – AI is being more widely used in geological mapping/surveys, with some success I might add.

[dexdringle] 19/12/2023 14:13

Perhaps we could use AI to get some gold out of the ground ?

[sharenotes] 19/12/2023 14:07

Septblues, an AI system is only as good as the training sets that it has been exposed to. AI systems can come across as extraordinarily clever – cleverness masquerading as intelligence. Using AI to extrapolate is extremely difficult and requires extensive pre-processing of the training data sets. Far better to use your own noddle. All the best.

[dexdringle] 19/12/2023 13:59

<<<<< 888ICB 19 Dec '23 - 13:20 - 11951 of 11951

Condor starting to soar. Up 10.2% at 24.25p on volume of 473000 >>>>>

Fab. Only another 25.75p to go for me to get to break even. Ignoring any interest I might have earned over the last 15 years of course. And also ignoring the effect of inflation on the money I invested.

[888icb] 19/12/2023 13:20

Condor starting to soar. Up10.2% at 24.25p on volume of 473000.

[septblues] 19/12/2023 13:04

what does AI say about the valuation of Condor?

[book5] 19/12/2023 12:20

Septblues
It looks better than it is. The reason for the improvement is that I am using artificial intelligence. AI is also useful as a learning tool.

[septblues] 19/12/2023 11:12

glad to see your English has improved book5 from that faux patois Latin pidgin English you used

[sharenotes] 19/12/2023 11:10

What an imagination you have, OldieGoldie! Whilst we can swap notes in 2 weeks, I cannot guarantee that I will be ‘in,’ as you put it.

[oldiegoldie] 19/12/2023 11:04

I can imagine that you cannot follow :-)
Let’s meet again in 2 weeks, hope you are in

[sharenotes] 19/12/2023 11:00

OldieGoldie, I don’t quite follow all of the above but, no matter, have a good day.

[oldiegoldie] 19/12/2023 10:53

Of course it would still be a nice gain, but then it’s all about market timing. A few days ago 15p was the all-time-low of this share. Difficult to time that and you have to have really big balls to invest substantial money in a company that is trading at its ATL.

For anybody of you, the 10p up of the last days just make your losses a bit smaller. As you are all here for a few years already, there can by definition and by the rules of math be nobody who earned money at the ATL of a share.

And you made +30% with almost any big tech company this year, with much less risk.
These high-risk pennystocks like CNR need to give you a few 100% of gains once in a while, to justify the risk and volatility involved

[sharenotes] 19/12/2023 10:43

Hi OldieGoldie, I hope all goes well. I think we have a different idea on what makes sense. Simply take your worst-case scenario – you buy at 17p and sell at 22p – that’s approximately a 29% gain in short order. That’s a result in my world – maybe I set the bar far too low!

[oldiegoldie] 19/12/2023 10:32

Sharenotes, trading CNR from 15 to 25p makes no sense, due to the differences in bid/ask price.
Effectively you have to buy a 15p share price for 16-17p and you sell a 25p share price for 22-23p

[sharenotes] 19/12/2023 10:23

Book5, I hope you are wrong with your share price prediction! As OldieGoldie has stated, he called it a while ago that the share price could rise to the mid-twenties. If I remember correctly, he made a similar call before. On each occasion I hope he backed his call and traded accordingly.

Simply put, long-term holders are usually short-term holders that have been ‘caught.’; For the mining sector and particularly the exploration subspace, a transfer of wealth is common from the investors to the directors. The typical investor hopes for a significant share price rise but the odds are greatly stacked against such an outcome. Generally, the exploration enterprise goes bust and investors lose it all. Notwithstanding, the recent funding raise gives CNR skin in the game and with gold seemingly stabilising around the $2000 mark, those long-standing shareholders may just get a result yet. Here’s hoping they do. Merry Christmas and a great New Year all.

[888icb] 19/12/2023 10:14

The way this has been moving up all of December this could well reach 25p today. We could get news of a firm offer any day now so I doubt many people will want to be out over Christmas. If any serious volume kicks in as it did last week this could move to 30p very quickly imho.

[oldiegoldie] 19/12/2023 10:08

On the other hand, in march it jumped from 16p to 35p on thin air, so I correct myself, it might go a bit higher than 25 also this time before deflating once more

In a few weeks, when the share price is again down, I will have to tell you again: „You knew it, I told you“