Condor Gold Share Discussion Threads

[book5] 11/8/2020 23:26

htTps://www.bigmarker.com/share-talk/Share-Talk-Presents-and-Investor-Webinar-and-Q-A-with-Condor-Gold-PLC

[book5] 11/8/2020 20:50

Bomber Wonderful, many thanks indeed

[bomber13] 11/8/2020 20:08

I thought it was a really good presentation , very upbeat , and , although there is no toll deal with Calibre Mining as yet , there is a huge confidence in the overall outcome for the La India project per se . Herewith is what I thought was new news - 1) Condor is hoping to rap up the freehold land buying ASAP in order to make the whole project oven ready by end 2020 . 2) The engineering , processing , and tailings studies are 40% complete , and will be finished by end 2020 . 3) Toll milling with Calibre Mining is still an option , and conversations are “ live “ . 4) Condor has US$10m in the bank , and sees no requirement for a joint venture partner . 5) Condor's offer on a second-hand processing plant has been accepted , and contract negotiations are ongoing , but Condor still has options to buy a brand new plant from China . 6) Condor’s favoured path to production remains a 1000 tonnes per day plant costing , say , US$50m , high grade mining with a quick payback , and thence modular expansion of the plant . 7) Plant financing will be a combination of bank debt , gold loan and equity with the aim of minimal dilution to existing shareholders . 8) Use of the TSX listing , particularly for retail investor funding , is likely to be strongly considered . 9) Condor is not looking to sell the project , it is looking to bring the project to production . 9) Condor’s initial nameplate capacity will be 120/- oz pa , up from 80/- oz pa , and at AISC of US$700 per oz , to which their eventual intention is to add 50/- oz pa from underground operations . 10) There is still huge confidence that the La India project , which is 5% of Condor’s total land concession , can host a district scale resource of over 5m oz . Mark Child's final words were " it's all coming together on the ground " .

[book5] 11/8/2020 19:19

Listened a bit of Calibre`s conference and they mentioned toolmining.. I had to cut short the listening

[book5] 11/8/2020 19:18

I am abroad and incapable to access the CNR 'a webinar. In Canada it has been trading much higher than in London since yesterday

[888icb] 11/8/2020 18:46

Down 7.27% on a day Gold has fallen $90 on volume of 1 million 137 trades with more sells than buys but not by a great margin. The presentation and talk has been taking place so let’s see if that provides a boost tomorrow to get us back towards 60p

[book5] 11/8/2020 13:43

It is coming down with rest of sector. Gla for this evening webminar

[book5] 11/8/2020 13:31

It is coming down with rest of sector. Gla for this evening webminar

[cashistrash] 11/8/2020 11:32

20% correction is a steep one, but you never know. I'll be waiting patiently on the sidelines and ready to buy more into Condor if that does happen as presumably it'll have an affect on our share price .. but once that breather happens I fully expect gold to go on to break new records!

[diggybee] 11/8/2020 11:12

Might happen. Reckon there will be lots of buyers around $1900 and then breakout level though?

[sir andrew ffoulkes] 11/8/2020 10:48

Gold needs a 20% correction.

[cashistrash] 11/8/2020 10:40

With the amount of stimulus going on in the world there is only one way the price of gold is going and that is up. As soon as we start producing, hopefully quite soon, then we will reap the rewards because the price of gold next year will dwarf what it is today. Imo

[quark3] 11/8/2020 10:35

A little premature I think. After the 2008 crash, the gold price rose and gold producers with it, over the following 2 years as a reaction to the massive amounts of QA. This time around, we have barely started the rise since the crash occurred. I am not a gold bull by any means, but at anywhere around 2000 dollars/oz (or even 1500 dollars/oz), CNR will be massively profitable. With costs of less than 800 dollar/oz, there is a lot of room. All gold producers are marked down today. When gold retreats, even exploration companies which are in development like CNR also get marked down. This is a welcome dose of reality for gold bugs, but it is irrelevant in the medium term for CNR.

[pugugly] 11/8/2020 09:49

Could the gold bubble be nearing its end? FTSE up 2% - over 80% of the gold producers and exploration companies down or no change (nb this is out of over 100 sector compnies on watch list)If so whither goes CNR as a not yet producing company

[sir andrew ffoulkes] 11/8/2020 09:13

The froth was caused by traders at the margins speculating about the Calibre coincidence. For the LTH it is a common enough sight, it is of course another buying opportunity. Also LTH, it’s better not to encourage the traders to avoid these sorts of violent moves. I remain convinced that we are heading for £1-1.50 within 12 months. Nothing has changed.

[888icb] 11/8/2020 08:55

There is no obvious reason why the share price is falling this morning on a number of small trades.

[book5] 11/8/2020 08:36

Cnr 18:00 london Calibre: 10:00 Edt= 3pm London time It is not at the same time

[book5] 11/8/2020 08:35

From calibre website:: EVENTS AND MEDIA 2020 Calibre Mining Q2 2020 and Multi-Year Outlook Conference Call and Webcast on August 11, 2020 Tuesday, August 11, 2020 at 10:00 a.m. (EDT). Management will release its Q2 2020 financial results and Libertad Complex Preliminary Economic Assessment (Multi-Year Outlook) on Monday, August 10, 2020 after the market close. Management will host a conference call and webcast to discuss the results and multi-year outlook at 10:00 a.m. (EDT).

[sir andrew ffoulkes] 11/8/2020 08:27

Interims on Friday will have generic updates. It never pays to get excited at Condor about specific timelines, news when it comes always does so as a surprise - this is a tight ship.

[book5] 11/8/2020 08:26

There is one, and from memory, it seems to coincide with Calibre's one From condorgold website SHARETALK WEBINAR Tuesday, August 11, 2020 - 18:00 ShareTalk Webinar At 18:00 it is unusually late, may be to coincide with Calibre's one? Pls check what time Calibre's one is

[sir andrew ffoulkes] 11/8/2020 08:22

No, Friday for the Interims.

[readdin] 11/8/2020 08:17

Is there not an update due out today ?

[mikeh30] 10/8/2020 21:16

https://twitter.com/doit4thetwins/status/1292917176022818817?s=21

[book5] 10/8/2020 17:13

Nicaraguan mining law requires that condor gold allows local artesanal miners to independently work up to on a 20% (? No. Sure of this number) of Condor's land till condor starts mining the land itself. Condor kicked out around 500 miners who were coming from outside the village to reduce risk of corona virus transmission. Local miners from the village still work on Condor's land; those that were working on a newly acquired land were given 3 months notice, I have spoken with one of them and he believes that it is very probable they will carry on working on the same place when the 3months expire bcs Condor will start working somewhere else.