Condor Gold Share Discussion Threads

[888icb] 21/5/2020 15:41

Some movement now share price upto 60.5p on volume of 720000. Now down just 0.8% so perhaps a blue finish could be on the cards?

[888icb] 21/5/2020 15:36

Another uptick as the bid is moved to 59p so the spread is now just 1p.

[888icb] 21/5/2020 15:32

Since 3pm the bid has been raised 1p to 58p with the ask remaining at 60p. This is perhaps pointing the way for the final hour and the share price has responded with a small uptick to 59p. The buys now are at 60p.

[book5] 21/5/2020 10:44

All I hearing is ok
Keep the faith

[888icb] 21/5/2020 10:38

79 trades so far on volume of 540000 and we are down 4%. There are no large trades and I suspect the mm’s need to encourage some sells to have stock for the next rise. The market cap is still only £56 million and we are a company with the ability to produce £1 billion of gold. Let’s get this rerate moving up so we can make the starting point for bids much higher than it is now. Just my hunch but I think Mark would go for a good bid at this point to avoid a further raising of funds and put a substantial sum of money in his pocket to fund his personal future.

[bmnsa] 21/5/2020 09:15

Only £10 come on!!

[1airbag] 21/5/2020 09:08

The value here is in the work that has gone on in previous years. A massive amount of work, studies, permits, meetings, exploration, etc. etc. This is why as the share price re-rates it will jump to £2. Then with production it will re-rate again to £10.

[888icb] 21/5/2020 09:00

A few early sells and then the buying kicked in so we are back to 60.5p which is down just 0.8%. A pause for breath is to be expected after such a rise. However we are still massively undervalued and this Rerating is long overdue. There is some considerable way to go before we reach a fair value alongside our peers. There is also the ever present likelihood of a bid.

[book5] 20/5/2020 22:23

with the excuse of the coronavirus, last Monday was a positive day on our main site, very clever politics
positive outcome

[oldiegoldie] 20/5/2020 21:36

steeplejack you are absolutely right. You can even go further down the timeline when thinking about the old sovjet drilling results which form a bigger part of Condor´s foundations.
This is substantial stuff you cannot duplicate in a few months, no matter how much startup money you throw on an investment idea - deliberate detail work plus systematic de-risking on all levels create the explorer value at the end.
I am invested here for 14 years now; a standard S&P500 ETF would have made several 100% during this period. I stayed invested in Condor because I am awaiting much higher returns than what we saw the last days (to say the least). Nice start though.

[steeplejack] 20/5/2020 21:14

Near a three year high which I suppose reminds us mining stocks require extraordinary investor patience......and that’s the ones that actually finally make it to production.The stock trades at a third of the price of 180p odd seen back in 2011.It really wouldn’t surprise if it reached that price again.Junior miners are a complete gamble.

[book5] 20/5/2020 16:18

No getting a quote for fake sell now
Preparing auction

[1airbag] 20/5/2020 16:15

It is the strongest day so far.

[book5] 20/5/2020 15:57

They seem determined to buy any avaible below 80p, £1?
I wonder how many shares are available

[888icb] 20/5/2020 15:51

Now 61p UP 23.2% on volume of 1.44 million.

[book5] 20/5/2020 15:41

Keen to pay 60.5

[888icb] 20/5/2020 15:08

Very tight spread 59/60 and 60p has just been paid. If we break through 60p we could be off again!

[1airbag] 20/5/2020 14:57

she's ticking up again.

[888icb] 20/5/2020 14:45

Sitting at 58p UP 17.2% on volume of 1.117 million and it’s only Wednesday! Looking on the other site someone has reported on Zac Mids new target. Just a few weeks ago as we went into the 30’s he said if we held 30p the next target was 50p. He now expects 90p within 4 to 6 weeks.

[loftus16] 20/5/2020 14:27

Nice to see this. Always knew I'd be back here at some point like Aleoap who I see posted the other day. That was a great period when, in old money, Condor Resources (as was) went from less than a half penny to over 11p which I think is 220p in today's money. A few more shares in issue since then. Gold seems set for a sustained period of strength. Not much else is.

[oldiegoldie] 20/5/2020 13:22

yes, I am so glad to see this development, especially since this monday, after being invested for so many years.
I am very confident we will see some sort of exponential curve followed by a stabilisation somewhere around the 2 GBP line, which we saw some years ago already. The 2 GBP line will be the new sustained plateau for further steps in the months to come

[888icb] 20/5/2020 13:16

Just been out and come back to see it having a go at 60p with volume over 800000. It’s getting quite exciting as I remember the rapid rise to £2 10 years ago. We are in a very different place now and close to production. Although there are a lot more shares now I certainly don’t intend to sell for less than £2 and it should be a lot higher than that to reflect its potential.

[1airbag] 20/5/2020 13:01

yep, good solid gains here today.