Condor Gold Share Discussion Threads

[redprince] 21/6/2023 21:04

dogface - there may well be a stage 1 deadline and if not yet then i am sure one will be called shortly.This has to have an end point in the foreseeable.Its frustrating yes
but at same time they can only report when there is solid news.

The summer months mean nothing as frankly its going to be in all likelihood a foreign buyer who commits.

Aimho.

My current filter list includes:
Oldie Goldie
Diggybee
book 5
zangdook
dexdringle

[book5] 21/6/2023 13:53

Things are getting worse in Nicaragua
So, waiting for the buyer to improve their offer is just hope
MC ramping has stopped which is good for him to focus
an opposition newspaper wrote today an article saying that the nic government could confiscate larger companies. imho article written to rally opinions against the government , but others may take the article as a threat

[dogface3] 21/6/2023 07:41

What a diss poor show a proper process with a stage 1 then 2 that’s all folks tune back in September as onion will need more money and a spin on the fairy tale

[oldiegoldie] 19/6/2023 17:07

Today stock exchange in US is closed, so I guess everybody is taking a nap

[book5] 19/6/2023 16:53

No news from the village.

today, good news from Mako, they will start brining ore from new pit, up around 9%
rest (calibre, cnr) slightly down

today the LSE thread is dead
i hope holders carry their eggs in different baskets, shares in Nicaraguan companies are again on their knees, however Mako and calibre are producers. Current Nicaraguan producers are a safer bet than cnr, and will most probably end up owning cnr assets

[zangdook] 19/6/2023 14:40

Wasn't there something about Elvis taking a stake because we'd found a deposit of something nice? Perhaps 888 could big that up for us. Maybe he'd do goodwill concerts to keep the locals onside.

[oldiegoldie] 19/6/2023 14:28

888, could I politely ask you to kick the can a bit further today? It did not move until now and needs some positivity.

[book5] 19/6/2023 08:35

It is not so important how good some is, it is more important how many good opportunities are around us
It does not matter how hard MC works
What is important (for the worse) is that we are in Nicaragua

[oldiegoldie] 18/6/2023 07:49

Probably the latter.

[dexdringle] 17/6/2023 21:57

Why would anyone who doesn't own shares even be on here let alone be bitter ? And, if they were bitter, would they not just buy some shares ?

Your argument makes no sense. So you are a perfect Condor shareholder 🤣

[diggybee] 16/6/2023 17:43

If there is one thing that I have learnt. You really do not want to be a partner with Jim.

[book5] 16/6/2023 13:42

60% of the company for $40 million investment ? We keep 40% of shares they build the mine?
No idea

[2020hindsight] 16/6/2023 12:57

Condor Tweet with a message from Jim Mellon:

"Condor is at an important point in history. It is close to mining, with substantial proven reserves, and a carefully costed mining plan. It is now the time for a larger company to take on the reins of our key assets and our CEO, Mark Child, has been working hard to find the right partner. The gold price is rising and the omens for further rises are good. The Company enjoys strong shareholder support and I am confident that our outcomes are positive"

[dexdringle] 16/6/2023 12:12

I am still 'sitting' on a load of Carillion shares. When can I expect to make any money ?

[zangdook] 16/6/2023 10:24

Quite. That adage applies to investment in the stock market, but Mark seems to think it applies to running a business.

[diggybee] 16/6/2023 10:02

'Money is made by sitting, not trading'I would agree with this yes, if the company was well run, and knew what it was doing. If it produced goods or services that people needed. If it did not lie or obfuscate too much. If it did not have a perennial whiff of desperation. If it had a CEO who did a fullTime job for a full time salary.

[888icb] 16/6/2023 09:22

Here is a post yesterday from lse by Dictumdedicto which is much more interesting than the pointless deramping:
“ June view15 Jun 2023 20:53
It's just not worth checking CNRs share price on a daily basis. 7 trades today. It looks like the MMs are having trouble getting people to part with their shares. They've certainly tried with some pretty large price reductions, albeit the volumes seem to increase more when the price goes up vs. down. Gold still looks wobbly which may explain the preference to reduce the price vs. increase it. Having said that, there doesn't seem to be much of an appetite to buy from prospective investors. The ducks might be paddling furiously underwater, but nothing seems to be going on at the surface - nothing to announce.

The silly summer season is almost upon us. Holiday time, people away, eyes off the ball; fun is the order of the day. For me the least likely time for a hard bid would be August, but given the elapsed time already, anything could happen.

Current prices (mid 20s) imply not much more than a break-even valuation. In other words a zilch return for the last dozen years. I still can't see MC/JM finding this even remotely acceptable.

I've not been posting because there really isn't anything helpful to say. All we have are a few naysayers on one side and speculation on the other. The MMs don't give a toss what we think and will play the share price as they think fit.

Frustrating innnit?

'It's always darkest before dawn'. Don't let impatience, or the MMs working the SP, force you to part with your slice of the company. Anything can happen at any time. Sure, it might be September, but then it could be tomorrow.

'Money is made by sitting, not trading'

Jesse Livermore”

[diggybee] 16/6/2023 09:21

When do they run out of money to pay for Mark's toboggan hut again?

[zangdook] 16/6/2023 09:01

This is not a 'no news is good news' situation. I don't think you need leaks of bad news.

[pugugly] 16/6/2023 08:58

Now fallen for 8 days in a row - Down 16.41% -
News leaking?
Are sanctions driving this to be a "Chines takeaway"
Any thoughts knowledge on the back of a grossly inflated new 1st class stamp

Or has Mr Market just lost interest?

[oldiegoldie] 15/6/2023 22:48

We will have a stock market scenario similar to 2018-2021 now. Another tech/KI bubble, with around 4% interest rate. Bad News for Gold & other precious metals