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CNR Condor Gold Plc

22.00
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Condor Gold Investors - CNR

Condor Gold Investors - CNR

Share Name Share Symbol Market Stock Type
Condor Gold Plc CNR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 22.00 14:31:17
Open Price Low Price High Price Close Price Previous Close
22.50 22.00 22.50 22.00 22.00
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 22/7/2024 15:47 by oldiegoldie
Could also be 2025 or 2026 - nobody really knows. All we know is that Jim’s Nicaraguan cousins will all draw at least one more salary payment. Or 13, or 25.
With this terrible disappointment it would in theory be time to end the show, but wait, there is a new cohort of senile master investors believing in imminent arrival of doomsday and a new gold standard. Let’s incorporate their hard earned pensions into Jim’s billionaire portfolio. All while Jim being cheered at, as these guys are suffering the Stockholm syndrome.
Posted at 07/7/2024 21:11 by 888icb
This is what Frisby says about Condor:
“ And then there’s Condor Gold (CNR.L/COG.TO). Here we have a mine that is “shovel ready” and good to go. Two and half million ounces at an average grade of 3-4 g/t - i.e., very mineable. There’s a $1 billion company sitting right next door that needs ore for its mill, a mill that is only operating at something like 20% of capacity. “Fill the mill,” its investors are screaming. It’s such an obvious buyer of Condor, one of those rare “value-accretive” deals, to use the language of LinkedIn, by which everyone wins. Condor’s management, with whom I normally have ongoing dialogue, suddenly stopped replying to my messages. “We can’t talk,” was all I got. Again, I was sure the company was about to be taken out. Six months later, the company is sitting there with its lipstick on, trying to look seductive to a next-door neighbour that doesn’t look interested.

God, this sector is frustrating.

I know what’s going to happen. I’ll abandon ship, and then every single one of these companies will suddenly work. Gold mining more generally will suddenly take off—a flight, by the way, that is long overdue—and I’ll have lost my seat on the plane. So we keep on holding. And waiting.”
Posted at 24/6/2024 16:25 by oldiegoldie
Master investor always gives the Pros and Pros of investing in a share Jim has invested before.
Posted at 24/6/2024 16:19 by dexdringle
Master Investor and Condor. Bit like Master Chef and Botulism.
Posted at 20/6/2024 18:42 by coachsailor
One link which has not yet been posted is that to the Master Investor Update. It gives the pros and cons in more detail. May possibly boost the share price a bit tomorrow.

hxxps://masterinvestor.co.uk/commodities/june-mining-update/

I averaged down when I maxed out at 15p on the Open Offer excess in Dec 22 and eventually sold half of my holding in early May at 32.5p; but hung on to the other half just in case Jim does eventually manage a reasonable sale
Posted at 06/6/2024 11:32 by book5
Initially, MC told us we didn't need a BFS; then he changed his mind and drilled la India and Mestiza, but not enough in Cacao and nothing in adjacent concessions. Why all these changes? Why all the expenses while nothing productive for shareholders has been done? Some say the local miners want us... :) Not, sir; they do not want us, and imho this is a problem, and someone has not been honest.

Look at Aya Gold Silver; they are tiny producers with a market cap of a billion sterling. The majority of market cap appreciation has been in the last four years.
Their primary strategy has been drilling to increase their reserves and build a tiny production mine and expand it.
Their advantage is that they are in Morocco, which has mainly semi-desert terrain , with little opposition to industrial mining and a stable country.
We would be a one billion cap company if we were based in Morocco, and the investors would be queuing at our door.
Posted at 27/5/2024 12:10 by oldiegoldie
40 % higher POG and interest rates ca 400 % higher. Does still not seem to ring a bell for master investors
Posted at 12/5/2024 13:57 by oldiegoldie
A few weeks ago we had a discussion about POG here.
Fact is that the demand is driven by central banks and not institutional or retail investors.
For central banks (especially BRICS), buying gold on the free market also in the long term is a contradiction in itself, as these are mostly socialistic/communist/dictatorial countries.

The long term solution for BRICS is probably creating their own, non-publicly listed supply chains (I.e. owning mines)

As mentioned a few weeks ago, higher for longer interest rates are poisonous for the free-market POG (oz/US$).

Be aware and remember my words
Posted at 27/1/2024 06:26 by oldiegoldie
I got this email from Interactive Brokers today and I thought I better share it with you, as some are unaware ( 😉) of this:

ear Client,

We are writing to you to let you know that global regulators and law enforcement agencies have noted an increasing trend where investors are being targeted by scammers trying to manipulate unwary investors into purchasing stock in certain companies which ultimately result in profits for the scammer and large losses for the investor. These scams are often perpetrated via social media. The scammers work to establish a relationship of trust (sometimes under the pretext of friendship or romance, or a claim that they are a famous investment advisor) and may encourage the investor to join an investment group on a social media platform or chat app, where investment advice is disseminated. The scammers then tell the investor to purchase shares in specific companies at inflated prices based on some non-public information or connection that the scammer claims to have with the company or its management. Typically, the scammers encourage investors to purchase thinly traded stocks with low market capitalization (including “penny” stocks), which are easier for the scammers to manipulate and profit at the expense of the investor. Once the investors follow the scammer’s instructions and inadvertently push up the price of the stock by buying shares, the scammer can then sell their own large holdings which can then dramatically reduce the price of the company’s shares. This type of scam is known as a pump-and-dump or ramp-and-dump scam. This can result in large losses for the investors.

FINRA recently explained this trend in an Investor Alert titled, "Social Media ‘Investment Group’ Imposter Scams on the Rise," available here.

We encourage you to please take the time to read and understand the following key points:

Be skeptical
In the virtual world, fraudsters can easily disguise themselves. Be skeptical of the identities of anyone you meet online, particularly if they claim to be an investment advisor or celebrity. Be especially vigilant when offered unsolicited investment advice by online “friends.̶1;
Pay attention to warning signs
Below are some red flags that may be signs of a scam, including ramp-and-dump scams:
Unsolicited investment advice.
Substantial share price increase without positive news about the company.
Suggestions to purchase small cap stock with low liquidity, especially if many of the shares are held by a small group.
Your online “friend” asks you to send a screenshot of your trading record.
Do your homework
Many of the stocks recommended by the operators of these scams were overvalued and there was no obvious justification for their prices to surge. Investors are strongly advised to do their own homework on a company before investing in it, or seek independent advice from licensed investment advisors.
Be wary of investments that sound too good to be true
If an investment sounds too good to be true, it often is. Remember that there is no such thing as a low-risk investment with high guaranteed returns—a claim frequently used by fraudsters to entice unwary investors by manipulating their fear of missing an opportunity.

Please also remember that Interactive Brokers does not provide investment advice. Be wary of anyone stating otherwise.
Interactive Brokers
Interactive Brokers Ireland Limited is regulated by the Central Bank of Ireland (CBI) and is a member of the Irish Investor Compensation Scheme (ICS).
Posted at 19/12/2023 10:23 by sharenotes
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.

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