Condor Gold Share Discussion Threads

[corrientes1] 03/12/2022 12:59

As mentioned before and its hardly rocket science, this prolific gold acreage is going to be a lottery winner for someone, but of course we'll lose out. The whole situation reeks of a scam, and a scam is what it is. I hope these recent financial projections are wrong, and won't this JM want some compensation after tying up his money for all this time, and so we should benefit to a degree ?

[book5] 03/12/2022 11:56

Sharenotes
Only Worthwhile words 😀😀😀

[sharenotes] 03/12/2022 09:55

Here’s to a Merry Christmas, one and all!!!

[dexdringle] 03/12/2022 09:19

Morrgan has no position here - so at best he is a gloater with too much time on his hands.

[oldiegoldie] 03/12/2022 09:09

Morrgan you must be young and on top a woman. Feeling patronised and not answering simple questions are two strong hints.
In your first postings in 2020 you stated several times that you were not invested. How dare you to comment then???

[septblues] 03/12/2022 08:30

those that participated in placings and offers may not lose money

those that bought open market may lose money depending on the price they bought at

the investor profiles and investment outcomes are different

[morrgan] 03/12/2022 06:02

14 years on,
No gold mined,
Many holders here down many thousands of pounds.

And you have members like dexdingle asking me ridiculous questions, as if that would make a difference to his losses.
Members like that are so easily distracted by the "noise", his current position comes as no suprise to me at all.

Focus on your own finances!

[diggybee] 03/12/2022 02:32

A little bit of very bad luckA little bit of very bad management.

[book5] 02/12/2022 23:43

Rough numbers
Invested $86 million (if not use the right numbers)
Assumption JM have put 20% of it (did he have the 19% of the shares?).
This means JM needs to recover 17.2 million
Assumption He will have 29% of the equity when he converts loan into shares
So he needs the company to be valued at 17.2/0.29= $59.3 million to recover his investment
This is £49.8 million
If there will be a around 200 million shares
Each share= £0.25
Few warrants will be converted at this price
So at 30p JM will most probably recover its investment but many investors will probably lose at least the half of their investments, unless of course they drop their average around 30p
If we sell above 30p more a more warrants will be converted and warrants holders will more easily recover their investments
$60 million looks achievable even if we give away la mestiza, JM will not lose anything in that case
At 30p thePIs will be 50% better off than the current value of 19p, so the need to raise cash and make the sell possible.

It is mad to think we have come down to this

[book5] 02/12/2022 16:19

Let’s see how it closes
Would we have decent size order announced after close?
Before I was able 70000 shares which is unusual
And it is not going down in a day pi will be selling to get cash to participate in the 1/6 15p shares, and the share price should be trading to a small discount

[dexdringle] 02/12/2022 15:17

Morrgan. So you don't hold a position here then ?

[septblues] 02/12/2022 13:23

does anyone have a simple list of the prices at which the company raised capital from its IPO in 2006 onwards

[morrgan] 02/12/2022 13:13

Dexdingle turned 50k into 15k....12 years in the making.

I think I just heard OldieGoldie get out the popcorn!

[book5] 02/12/2022 13:12

Sharenotes
Me too!

I like your references to cnr published docs
Thanks

[sharenotes] 02/12/2022 13:06

I must confess I was expecting a fall in the share price today – sometimes it’s good to be wrong!

[morrgan] 02/12/2022 13:06

Learn from your mistakes, stop lying!
And don't try to patronize me simply because you got caught out in a lie, there's a good chap!

Still waiting for that quote where I tried to deceive investors here.
Was that another assumption of yours? You do seem to like those.

Pray tell.

[dexdringle] 02/12/2022 12:56

Morrgan. A lot of us here on this BB have been here for years and have been on ADVFN for 20 years+.

Suddenly, you bowl up having had a profile for a couple of years and made only around a dozen comments and we are supposed to take you seriously ?

Perhaps you should declare your CNR position so we can see how seriously to take you ? You are either long at more than 15p, short, or have no position.

Unfortunately, I have just under 100,000 shares at an average of just under 50p each. Yes, over 12 or more years I've managed to turn £50k into £15k. Which is marvelous and about which, as you can imagine, I am delighted. I even had the chance to get out at 50p a couple of years ago but didn't take it because I bought the "we're finally nearly there" baloney.

[morrgan] 02/12/2022 12:44

One way of exposing a liar and a fraud, is simply to ask him to post proof of what he has said about you. Just as I thought OldieGoldie couldn't prove something I knew was never there.
Let's hope he has learnt the lesson, never to resort to lies to try and prove a point.
Idiot!

Enjoy that "lap of honour".
PMSL.

[dexdringle] 02/12/2022 12:34

"Johnny Toboggan" 😂😂😂👏8079;👏Ԁ79;

[sharenotes] 02/12/2022 12:34

Dexringle, if you want to look as though you are a ‘cut above,’ simply negatively comment on the respective BB’s of all the companies that are attempting to affect a positive outcome when developing a mining resource. Your negativity will serve your ego, no doubt, as you’ll mostly be ‘right.’

I was a long term holder in JLP and I experienced a plethora of individuals, some extraordinarily clever, casting every form of negativity against the company, its management, consultancy fees and so on. Such a barrage of input, I must confess, made me doubt my investment from time to time, but I not only kept with it, but continued to add. I was eventually rewarded – but it did take many years!

Now, regarding CNR, the odds aren’t great, but with a successful raise, the company will have some skin in the game. I have taken the view that the outcome will equate to more than 15p per share for investors. Notwithstanding, I fully accept that I could be wrong. That’s the nature of AIM – the odds, in general, are not will you. If you really think this through, you will understand why.

[zangdook] 02/12/2022 12:34

I hear he does a lot of consultancy work for some gold explorer.

[oldiegoldie] 02/12/2022 12:31

Actually I think 200k for a CEO job is a very low salary. Maybe he was not focussed enough during his years with CNR?
Does anybody know if Mark maybe is non-executive director somewhere else/ has other side hustles?

[book5] 02/12/2022 12:17

For 200k per year The ceo should have lived in the miner trenches in Nicaragua breathing the heat and understanding people speaking in Spanish
In all honesty less than that is a waste of resources, and u only get a reactive story teller and a water plant. This needs a visionary leader that brings people and institutions (national and international) in unison behind him/her.
These days AIM directors seem to only know how to polish their shoes, speak nicely, fill their pockets and be scare of telling the truth