Condor Gold Share Discussion Threads

[connect5] 19/5/2022 10:20

No likely at all. I already won bets with two other investors that it wouldn't happen last year? Needless to say I would be happy to be proved incorrect.

[oldiegoldie] 19/5/2022 10:14

The main problem with gold miners is their high capital needs.
If the gold price rises due to an economic crisis, the cost for getting the US$ capital for building and running the mine equally rises, very often unfortunately the costs rise even faster than the gold in the ground picks up in value

This is why CNR toll milling could be so beneficial, drastically reducing the need for bank loans. But how likely is it....

[dexdringle] 19/5/2022 09:46

If gold goes to $3,000 it means that there has been some kind of catastrophic implosion in the world economy which probably means Condor, being listed, will go down the Swanee with everything else.

This is the problem with shares in gold miners. They go down when stock markets go down, and they go down when the gold price goes down, but they rarely go up if either of those things goes up.

I have some shares in Golden Prospect Precious Metals (GPM) which invests mostly in gold miners. In late 2020, the price of gold was about what it is now ($1,800 an ounce) and GPM had a NAV of 70p and a share price just short of that. Now the NAV is 49p and the share price 40p. This is especially odd as the stock markets are also pretty much where they were in late 2020. So neither gold, nor the markets, have fallen yet a collection of precious metal company investments have dropped 40%.

[connect5] 19/5/2022 09:20

I love your positivity, but have heard fantastic predictions of gold prices for years and they've never materialised? Oh well here's hoping this time Rodney!

[davidspringbank] 19/5/2022 05:47

All in sustained cash costs of $700 oz versus a gold price of $1700 oz. That'll do me and Bobby McGee! The brokers don't have any shares in reserve so this will fly when news hits the headlines. Get your seat belts fastened in the second-half of this year when the Bank of America has already forecast a gold price of $3000 oz. You can maybe appreciate why First Majestic is fully behind Condor Gold and Silver, with a possible 5 million ounce Tier One project, having come on board at 50p per share and with an all singing and dancing ball mill.

Junior and Senior gold and silver miners are poised to take off on the charts.

DYOR.

[diggybee] 19/5/2022 01:32

More of the same blah blah really. He is pleased as punch with his new BFF status with the man in the Big Hacienda though!

[meanreverter] 18/5/2022 20:05

The recent interview is with BlytheRay Business News:

[dogface3] 18/5/2022 16:31

If you buy some crackers they may have 888 on the side as he’s crackers

[dexdringle] 18/5/2022 15:52

Nahhhh 888. Biscuit choking is strictly reserved for when they get back to my breakeven 50p.

It is at that point that I will treat myself to some Hobnobs.

There is then just the matter of my investment having produced zero gain over 10 years. Oh gawd. That really means I need around 60p to break even in real terms.

Hold the biscuits........

[book5] 18/5/2022 15:52

For video go to cnr’s Twitter
Nothing new
Common MC please deliver

[888icb] 18/5/2022 15:40

I hope you don’t choke on your biscuits when you realise CNR is now Up 3% on volume of 150000 after no trades for most of the day.

[dexdringle] 18/5/2022 15:16

zangdook18 May '22 - 13:54 - 7787 of 7791

What does Mark say now, he's bought 125% of the land and he had breakfast with Kim Jong Un?

===================

He's probably bought 125% of Kim Jong Un and had some of the left over data room Hobnobs with Book5.

[dogface3] 18/5/2022 14:45

Just get on the stellar and try and forget this pig of a share

[888icb] 18/5/2022 14:37

That BRR video is 2 years old from 13/5/2020.

[888icb] 18/5/2022 14:27

Aleoap has reminded us of £700000 worth of warrants due to expire at the end of June. Clearly you would expect them to be exercised as the warrants are in the money. That would deal with any short term concerns about cash before the financing is completed.

[meanreverter] 18/5/2022 14:08

BRR Media (not Br Business News) has the video at

[zangdook] 18/5/2022 13:54

What does Mark say now, he's bought 125% of the land and he had breakfast with Kim Jong Un?

[dexdringle] 18/5/2022 13:43

Does anyone have a 'dogface3' to 'English' translation dictionary as I'd love to know what it is that he's saying in his posts.

I recognise all the words - but he then strings then together in a random way that looks like Double Dutch. Unless he is Dutch. dogface3, are you Dutch ? 🤣

[tiercel24] 18/5/2022 13:42

New interview. Br business news mark child condor gold ...youtube now

[dogface3] 18/5/2022 13:22

I think have them up there nut sack and are waiting for a little good Fortune to get out

[quark3] 18/5/2022 13:16

1.00pm and no trades showing on ADVFN yet. These shares are tightly held but this is ridiculous!

[aleoap] 18/5/2022 12:58

When I last looked there were a number of 25p warrants that could be exercised before end of June this year I believe giving possibility of approx £700k. Details are on the latest management discussion on Sedar.

[book5] 18/5/2022 12:15

Let’s hope thursday or Friday meetings at the mining conference brings some news, long shot though