Condor Gold Share Discussion Threads

[dexdringle] 06/12/2023 15:28

....which means they haven't.....

[888icb] 06/12/2023 14:42

MC as recently as yesterday’s interview said they have all the land.

[baldrick1] 06/12/2023 14:15

Sp will remain the doldrums until they buy all the lands..have they??

[zangdook] 06/12/2023 08:30

"When you're in Nicaragua you have to derisk it even further, you have to buy all the land..."

"We have Plan B, but the board at the moment...." - that's new.

[zangdook] 06/12/2023 08:21

Is that the next excuse for his uslessness and lying, "He's on the spectrum"? Look at his eyes in the first minute of the interview. They say you look to one side if you're lying but his eyes are all over the place, everywhere except the camera.

[book5] 06/12/2023 08:19

No news from the village
Someone is clearly buying

[book5] 06/12/2023 08:18

No news from the village

[diggybee] 05/12/2023 23:23

It's a zx spectrum he uses.

[redprince] 05/12/2023 17:55

Mark on where we are at - very upbeat indeed!

[oldiegoldie] 05/12/2023 17:36

An unfortunate outage of Marks Intel Pentium 2 with Windows 95 (Pro?) affected the progress of the company.
Excel has no business case templates and Word has no sales contract templates stored. 🤬
Still, Minesweeper works fine.

[zangdook] 05/12/2023 16:15

If I knew how I'd short this from here.

[book5] 05/12/2023 16:11

We still hold some shares here at much higher lvl
They should put us out of this misery and do anything but wasting time

[sos100] 05/12/2023 16:05

new proactive video out on this company....one to keep on radar

ps having watched it i think any bid will have to be way over 30p

[eddie jackson] 05/12/2023 16:01

Be careful they could shake the brASS off this if they believe a disclosed offer pending.

One thing to consider though if JM had offers on the table above his "15p" investments he would surely be singing it loud and hard ( even if just to settle the market and fire the starting gun ) however as that has not happened i suspect a series of lowly offers have been tabled or suggested and he is probably getting nervy because he knows shareholders will not agree anything under 25p.

[zangdook] 05/12/2023 14:34

They need to put out a "we know no reason for the rise" RNS.

[diggybee] 05/12/2023 14:15

Complete fruit loop

[888icb] 05/12/2023 13:56

There have been no trades in CNR since 11.20am. The volume stands at 390000 and the last reported trade which is also the largest of the day was a Buy 100000 at 15.45p.

[book5] 05/12/2023 13:44

cnr needs more millions to short out the land, and the coffers are empty for that
No land, no binding offer
india is worth very little without the whole land
Someone will need to buy it, either cnr or the new buyer, or the government will take cnr for a song

[888icb] 05/12/2023 13:27

CNR is Up 8.9% at 15.25p. It would probably be higher if there wasn’t an outage at the LSE which is affecting trading on AIM and elsewhere such that you can’t get a quote to buy or sell.

[888icb] 05/12/2023 13:23

Finally something to comment on as we have actually had an update. The sales process continues and there is very important new information in the RNS:
“ the Company is in advanced discussions with 2 gold producers”
And
“ Jim Mellon, Chairman of Condor Gold, commented:

"I continue to be impressed with the asset sale process. We are very aware of the value of our assets and will maximise value for all shareholders. My investment of a further £1M is designed to ensure sufficient financial runway during the sales process until a desired price is achieved."

So a very clear signal of good progress with those advanced discussions and Jim providing another £1 million by exercising his warrant at the same price as the last placing, to ensure there is a sufficient cash runway to get to his desired sale price.
There can be little doubt that his desired price is multiples of 15p and the share price should now start to rise back towards 30p as we await further news. The last 12 months have been difficult for all junior gold companies and indeed resource companies generally. The recent strength in the gold price which looks to be sustained has to be a very positive factor for the advanced discussion as gold is now above the gold range used in Condors original sales pitch and BFS.

[dexdringle] 05/12/2023 13:13

Last I heard, he'd been crushed under three fat ladies 🤣

[zangdook] 05/12/2023 12:20

I see some suckers have been fooled by the RNS and actually pushed the price above Jim's exercise price.

btw 888 is neither dead nor in jail, I came across him on some other board recently.

[dexdringle] 05/12/2023 11:16

Yes, I suppose it is quite impressive how the employees are spinning this gravy train out for this long without the market commentators officially calling BS.

[zangdook] 05/12/2023 10:51

the duration is impressive

[dexdringle] 05/12/2023 10:34

Jim Mellon, Chairman of Condor Gold, commented:

"I continue to be impressed with the asset sale process.  We are very aware of the value of our assets and will maximise value for all shareholders. My investment of a further £1M is designed to ensure sufficient financial runway during the sales process until a desired price is achieved."

I wonder which part of the asset sale process has impressed him most in the last 3 months ?