Condor Gold Share Discussion Threads

[cf456] 28/8/2019 15:18

Shooting up 31.8% on TSX.

Equivalent to 35.6p.

[bmnsa] 28/8/2019 14:30

Lots of profits from other Goldie's finding there way here who are looking for value.

[888icb] 28/8/2019 11:06

Canada is probably the world’s biggest market for gold and other mining stocks but Condor has never seemed to get on their radar and volume has always been tiny. Let’s hope this is about to change.

[box3r] 28/8/2019 10:57

Thanks guys. Could do with more volume over there then

[888icb] 28/8/2019 10:50

Canada was up 15% on very low volume to 0.44 which converts to 27p

[box3r] 28/8/2019 10:33

Anyone know what TSX did yesterday

[888icb] 28/8/2019 10:29

Condor moving up the riser board now at Number 13 UP 8.74% on Volume of 400000. If this continues we could take out 30p today.

[bmnsa] 28/8/2019 10:02

Fed some AAZ profits in yesterday.Follow the Mellon:)

[888icb] 28/8/2019 08:49

It is worth remembering that the company must trigger the raising of more cash from the warrants issued in conjunction with the recent £4 million Placing if the share price is at 30p or higher for 10 consecutive days. If that happens the warrant holders must exercise 50% of their warrants at the 25p exercise price(which is a 25% premium to the 20p they paid in the Placing).If they don’t exercise them within a ten day period those warrants will lapse. I think it’s good for the company to get that money now or to get rid of those warrants so they won’t sit there for 3 years and be exercised when the share price is a lot higher and the company probably doesn’t need the money.
If investors keep following in Jim’s footsteps and buying more shares we should hit 30p in a matter of days.

[cf456] 28/8/2019 07:57

Jim Mellon buying. Yet again.

[temujiin] 27/8/2019 19:50

CNR are certainly undervalued compared to its potential, but to unlock that (as edjge2 says) CNR need imo, to either get a JV partner, large bank funding sorted to go into production, or more likely get a toll mining agreement signed. The latter being the most likely. Still, good to see some life in the old dog.

[888icb] 27/8/2019 18:55

This needs to more than double to do any justice to the value of the gold in the ground waiting to be mined. The current market cap is £24 Million. CNR could 10 bag from here an still not do justice to the value of the gold. The price of gold continues to rise with a number of analysts thinking it has a lot further to go. Let’s see if these daily rises can continue their momentum and take us much higher in anticipation of further news.

[edjge2] 27/8/2019 16:20

Just need an RNS to indicate reserves are being trucked to nearby mill. Certainly would double this up.

[bmnsa] 27/8/2019 12:06

Both are great companies with massive reserves

[shanur90] 27/8/2019 11:20

Have a feeling some Aaz buyers are coming in

[shanur90] 27/8/2019 11:10

Looks good here nice bounce. Directors buying in recently helps

[bmnsa] 27/8/2019 10:43

The political situation is now heading in the right direction, which gives new investors the confidence to come onboard.

[cf456] 27/8/2019 10:25

Yes, decent buying again today.

Looking more and more like the start of a new uptrend on the chart.

Jim Mellon clearly very keen loading up so frequently recently, with his £1.25 million investment last month particularly telling.

He is bullish gold and there is certainly a lot of upside to the CNR share price, especially in the current environment.

---

"The boat is leaving and there is just enough time to jump on the gangplank

The same applies to silver and, possibly, palladium, but gold is easier and there are lots of ways to play it, physical, futures, ETFs, and gold miners. Barrick (NYSE: GOLD) is good, as is mining minnow Condor Gold (LON: CNR) here in London, where I am a director and shareholder.

So that’s a pretty easy trade – sell those bonds (especially given my forecast that disaster lurks under the surface of the frantic machinations of the ECB to avoid a full-blown crisis in Italy), and buy your own flavour of gold."

[bmnsa] 27/8/2019 10:16

I'm a buyer

Bought again last week after Jim M added to his pile.

Happy days:)

[philjeans] 27/8/2019 10:11

Steady buying as good news approaches.

Follow the money.

[zangdook] 24/8/2019 17:06

Nicaraguan political turmoil plus distaste for risky non-producing assets in an uncertain Trump-buffeted macro environment?
Probably more to it, can't say I'm up to speed.

[dexdringle] 24/8/2019 11:06

Good idea I don't know why I didn't think of that. There was me trying to avoid hours of trawling by asking those who know for a quick summary. What was I thinking....

[rhuvaal2] 24/8/2019 10:57

read the posts and RNS

[dexdringle] 24/8/2019 10:38

Why were these 60p 18 months ago but only 23p now ?