Condor Gold Share Discussion Threads

[oldiegoldie] 03/4/2024 16:30

Selling out today and buying back tomorrow makes especially sense when the spread is regularly above 10%.
Financial advise from 888 always comes with deep wisdom

[888icb] 03/4/2024 16:12

It is also possible that we will see some people selling towards Friday to crystallise losses and then buy those shares back in their ISA on Monday.

[baldrick1] 03/4/2024 16:09

It was obvious on my screen the price manipulation today.

[888icb] 03/4/2024 16:00

The way this has been moving in recent days it could very easily move up to the 34p high seen in early April last year. Indeed it could go higher as resolution is closer. If we see some increased volume, as could very easily occur next week as the new ISA money is deployed, we could see a rapid rise.

[dexdringle] 03/4/2024 14:14

These are still down 20% on where they were this time last year despite the fact that we are supposed now to be 12 months closer to a resolution 🙄

[baldrick1] 03/4/2024 08:57

Down day imho

[book5] 02/4/2024 19:52

If we raise cash to buy the coop’s land, it would be perfect.
The last time was to “register̶1; (or similar term) the deeds :).
However, first we need to buy the land, then we would be able to register the deeds.
My guess is that we probably need more cash to buy the rest of the land and that the meagre CNR’s offers have not been accepted yet. I hope to be wrong.

Last week, overall average Volume was well below the average of 300000 shares per day, today is around 60% higher. In general modest volume but a good appreciation of the sp

[oldiegoldie] 02/4/2024 18:43

How on earth could 888 read my posts? Did he take out the mighty filter?

[888icb] 02/4/2024 16:31

Hello to the old boys from the deramping department who have been stirred into action by today’s rise. Those suggesting a cash raise are referred to the statement of Jim Mellon in the last RNS:
“ Jim Mellon, Chairman of Condor Gold, commented:

"I continue to be impressed with the asset sale process. We are very aware of the value of our assets and will maximise value for all shareholders. My investment of a further £1M is designed to ensure sufficient financial runway during the sales process until a desired price is achieved."

[zangdook] 02/4/2024 15:23

They want to get 888's lunch money.

[oldiegoldie] 02/4/2024 15:19

Pump to 30 and then raise cash to pay the salaries for the coming months?

[book5] 02/4/2024 14:40

In not producers, there is always the risk of pumping to raise cash later
We shall see

[pugugly] 02/4/2024 14:11

Why buy - If the current attempt to sell CNR fails they could pick it up for nothing or if the licence fails to be renewed they are I think well connected to get a new licence for the territory. All (imo) so DYOR. No certainty either way.

[888icb] 02/4/2024 13:20

Calibre
I listened to an interview with a Calibre SVP recorded 4 days ago. During the interview he says how successful the Hub and Spoke approach had been in Nicaragua where they have been growing production at 28% per annum. He also mentioned that they have spare capacity to process an additional 1 million tons.

It would appear to be a complete no brainer for Calibre to buy CNR as they could start production almost immediately and it would get their Nicaraguan operations to their target of 500000 ozs per year in the next 12 to 18 months but making good money almost immediately at the current high gold price. I think we know where they should utilise the US$100 million facility they have just raised. They did so because it was a good opportunity that arose due to the current gold price and they have not stated a specific use for the money. Interesting times and personally I would be happy to take Calibre shares as I am seriously considering buying some anyway.

[888icb] 02/4/2024 13:10

Now Up 12% at 28p on volume of just 378000.

[book5] 02/4/2024 12:44

breaking up
may it continue

[smackeraim] 02/4/2024 12:11

Heading higher by look of things

[oldiegoldie] 31/3/2024 11:28

It funny that very often the same people that question anything said on BBC do not question anything said on a master investors conference

[dexdringle] 31/3/2024 10:29

Silly boys. Don't you know "we own all of the land...."

[book5] 31/3/2024 00:21

The question is, is that provision sufficient?

[sherwood58] 29/3/2024 22:02

Book, don't quote me on this as it's been a while since I looked at the numbers on the capex for the FS, but fairly sure land costs are built into the capex number.

[dexdringle] 29/3/2024 15:41

👏👏👏

[book5] 28/3/2024 13:38

Where is the RNS stating we own 100% of la India?
The BFS assumes we own La Inda
The BFS does not allow for la Mestiza
CNR could swap La Mestiza for La India tomorrow if it wanted, but we keep trying to get the coop’s land too cheaply,
Hopefully, things will change for the better soon

[dexdringle] 28/3/2024 13:04

....and to what value per share does all of the above equate ?

It's all totally pointless if it doesn't translate to a real value that someone is prepared to pay.