Condor Gold Share Discussion Threads

[usmcgs] 11/11/2012 17:13

SJ
Not sure that I agree that any buyer won't attribute any value for what might be. If MC proves up say 3 moz in just a small percentage of the areas we have and MC can show that there is a good chance of further increase then there will be further value

[sunjammer] 11/11/2012 14:48

Guys we are all here together and all choose to invest for our own reasons. I try not to get involved in meaningless banter and prefer informed debate (although on occasion I have to admit to involving myself in said banter). The fact of the matter is we have what we have and the market has chosen to value us as we are, we can talk all day about whether the market is wrong (and it frequently is - more so since 2008 in my view). I believe we will achieve full value whatever that is in the medium term, I do not believe that will happen in the next few months as many would wish. My own exit price is probably around £4-5.

In terms of research, yes there is some good stiff posted on most of the boards but much of it is simple repetition, it is not new research. You can tell me a share is worth £7, £10, £12, £28 or some other daft price but the fact is we are worth it only when we achieve it and we will have 3m, 4m or 5m oz only when we have them - a buyer or the market will not attribute value for what might be only what we have declared (and generally they only really value that which is indicated, inferred has little value).

I remain fully invested and await my exit price.

[molatovkid] 10/11/2012 21:43

Whichever way you cut it & despite whoever cuts it - 2.4m oz (and counting) of gold is worth more than our current market cap of circa £60m....

[usmcgs] 10/11/2012 15:38

2moocha
Unsure what you mean by linking into profiles for research but you can filter on lse

[2moocha] 10/11/2012 11:30

Well having leafed through a few pages, I can't see much difference between lse and here. Some enthusiastic and some dismissive and plain patronising. Presumably, there is no way of linking into profiles on this app? It wd be good to read some of the quality research as boasted by the self acclaimed.

[2moocha] 10/11/2012 10:36

Is it ramping when much of it is referenced & supported by careful analysis? Or is it a case of a bunch of investors having great faith in their research? There's a skilled core there. Or am I going to gain the reputation of being gullible in record time?

[usmcgs] 10/11/2012 10:01

SJ

Not sure where you get "It's just that there appear to be a large number of rampers" as many have been in there long term

[psolomons] 10/11/2012 06:26

If the PEA is in the price the city can't think there is much gold in La India.
The indication is that it will be a 5M OZ resource. That is worth quite a bit more than the current market cap of £60.
There maybe some short term 'sell on news' traders but it can't hold the price back.

[2moocha] 10/11/2012 00:13

Interesting responses. Mellifluous, I look forward to tuning into intelligent discussion here. Just for the record, I'm not new to the share.

[warmsun] 10/11/2012 00:00

We are at 9p....old money...before all the recent good news! I see this only going up....this is my view and is not a ramp....
Dyor etc.

[barts] 09/11/2012 22:48

This is a great thread........not

Sell......Bash......Buy......Rinse and Repeat.....

[plasybryn] 09/11/2012 19:31

Sun jammer: it does often seem to work that way, but M.C. does seem particularly adept at managing the flow of news. It is like reading a good novel, you are always eager for the next bit of news which is provided like carrots to a donkey.MC has certainly given clear hints that this is a special location with considerable potential linked to nice high grades. It is probably not the sort of stock you want to be out off. But as you say the full value will be realised over the medium term.It is a stock that ouses confidence.All IMO.

[sunjammer] 09/11/2012 18:49

I do think to some extent it is priced in already, I'm seeing a huge amount of hype over on LSE and III much of which is probably justified in the medium to longer term. It's just that there appear to be a large number of rampers (who are probably short term traders) talking absolute drivel about what will happen when the PEA is RNSd. I think many of the traders (sell on news) may take this opportunity to exit. This of course is not guaranteed, if Gold or the Macro picture is upbeat then we might find something different occurs. For me CNR is still a medium term hold. It must be remembered that the PEA is just the start of a long road to a BFS, we still have all to play for and I'd love to see fireworks but my gut suggests it will be a stop start rise over a couple of years or more.

[plasybryn] 09/11/2012 17:52

Sunjammer: Do you think the PEA is priced in hence the drop on its announcement?
Would be interested to understanding your thinking.

[sunjammer] 09/11/2012 16:24

I have a feeling that the PEA may well take us down rather than up, but this also depends upon Gold price and macro factors when it is released. If the external macro environment is benign I think we are headed down (at least briefly) on the PEA RNS. Then hopefully we'll start to gain some traction with larger PI's (Canadian) and eventually when Mcap allows more II's. Time will tell of course and having been here since the 10p or so days (new money) I am and remain patient.

[mellifluous] 09/11/2012 16:22

Condor Gold - cashed up and ready to go



"La India Project is probably a five million ounce gold resource. It is a balancing act of increasing the size and doing the studies that prove you have a large commercial mine."

[usmcgs] 09/11/2012 16:06

SJ

I think you'll find the majority of people on lse realise it will take .... that's not to say upon PEA the share price could well move up. Let's not forget that we were at these levels, and higher, previous with a lot less of a resource and lower PoG

In the main LSE's posts are a lot more informative and it is friendlier place to be

There will always be people with different expectations. That happens everywhere.

Manners and courtesy cost nothing. This bb often lacks either and hence why many left it, including V1d. Mind you let's face it most of the problems here are coursed by the same person just with many ids

[sunjammer] 09/11/2012 14:28

I have to admit to a modicom of agreement with mellifluos, whilst I do feel that CNR's prospects are excellent in the medium term (and a takeover is always a possibility at some later stage) the problem with the posters on LSE is they are permabullish to the point of insanity and many have exaggerated price expectations which they seem to think will be achieved very soon. Achieving full value is a long process, not without the potential for hiccoughs along the way.

I remain heavily invested and believe MC to be an excellent CEO (way beyond many other AIM Directors) and a man in a hurry but LSE posters need to give him a chance to work his magic. We may well be years away from the more heady price levels many want. Whilst I hope for fireworks now, I remain conservative enough to know it will undoubtedly take time.

[vermilion1966] 09/11/2012 10:56

Why don't we self-regulate - it's easy...

mellifluous 9 Nov'12 - 09:28 - 7587 of 7590 (Filtered)

[panamabob2] 09/11/2012 10:07

What a nasty poster you are Mellif.I urge everyone to glance at his profile.Reinnvented 27th June.Heck knows who he was before that.Since then he has targeted five companies for his bile.Pity he cannot get a 'proper' job.

The sooner ADVFN gets a grip on people like you-the better.

[usmcgs] 09/11/2012 09:56

2moocha

You will also find that advfn bbs are almost totally unregulated and hence he with so many ids can get away with his poison and have so many ids.

[usmcgs] 09/11/2012 09:52

2moocha

You will find lse a friendly bb with respected posters. The people that knock it here are in the main the same multi id'd poster, that is a nasty piece of work and only likes listening to himself

For example of the two posters that he mentions Aleoap rarely posts and V1d now posts mainly on LSE.

GL

[mellifluous] 09/11/2012 09:28

It only takes a brief reading of the LSE BB to see that most of the people who post on that site are naive and gullible beginners. If you can't see that it will be because you are a naive and gullible beginner.

On advfn you tend to get more experienced and yes cynical investors who can do their own research and analysis and won't just take bullspiel fed them by promoters/brokers.

CNR was first 'discovered' and researched on advfn by likes of aleoap and V1d.

LSE bunch are just low grade momentum followers who wouldn't have the gumption to do any original research themselves.

[2moocha] 09/11/2012 08:46

Hi. New here and curious about the cynicism over lse.

[lucky_punter] 09/11/2012 08:16

Nicaragua-focused Condor Gold (LON:CNR) this morning unveiled the latest phase in its development as it said a further 7,000 metres of resource drilling has just got underway.