Condor Gold Share Discussion Threads

[saturdaygirl] 24/4/2013 23:42

Bull trap , you mean ?

God so many numpties in this market

The guys at LSE don`t even know what the GDXJ represents

No wonder we have had selling by many at a loss , ah well ...

[frankel2] 24/4/2013 23:35

My view on those charts is bear trap. Hope i'm proven wrong and GLA to all invested in the junior sector.

[saturdaygirl] 24/4/2013 20:24

Not so bad as some Miner/Explorers




Edit make that 6.6% now

[saturdaygirl] 24/4/2013 20:21

Are we at the bottom ?

[jeanesy2] 24/4/2013 20:20

This is turning into a very bad investment.!

[saturdaygirl] 24/4/2013 20:14

GDXJ up 6% currently and the Dow is down !

[888icb] 24/4/2013 13:51

They have to plan for production because thats how you keep a company with so much high grade gold capable of low cost extraction moving forward. However it has always been far more likely that Condor will be sold off before production. A bid could come in literaly at anytime. Mark Child has indicated that a sale is most likely in the past and with Regent Pacific now the largest shareholder that scenario is reinforced.

[rame4] 24/4/2013 13:15

Sub 100p bargain hunters poised and support at 80p? still very good considering a couple of years until production.

[warmsun] 24/4/2013 11:46

As always with my shares...when they go down, they drop like a stone...when/if they go up...its a long slow battle....would love us to have some 'up' days here...its been difficult to watch the recent fall...

[888icb] 24/4/2013 11:38

Goldman Sachs have now cancelled their advice to short gold as it is below their $1450 target. They see $1530 as the 3 month target. Condors plans should all be on track with Gold at current levels. Time for some II buying one would think at these low prices or may be a cheeky bid!

[saturdaygirl] 22/4/2013 00:18

Well you look a little new here !


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[barts] 18/4/2013 18:46

Highly Geared

Thank you for highlighting how undervalued Condor are.

[highly geared] 18/4/2013 16:24

BARTS;

Every junior gold stock has its nuances/operating model that is a bit different so difficult to cpmpare like with like but was thinking of Stratex; £17 million cash at bank , 30k oz/annum Altintepe production starting in 9 months with 45% share and no costs! Over 20 exploration licences with early stage gold proven, numerous JV's etc with majors, no debt and all for £22 million market cap.

Try AAZ; £34 million market cap as a £550-£600/oz producer of 50-60k oz/annum and ramping up to 90k oz in 2014, debt funded but a well run ship with majority CEO owner and good govt /bank backing, 30,000m drill programme to prove up mulit million oz reserve.

There the likes of KYS and CGH sitting on 5 million oz resources each and nearing production start up but market caps decimated (high political risk?).

I could go on. CNR is a good compnay but it doesn't mean it is good value at the current SP/market cap compared with the above and other examples?

There is some irony on this board (not directed at you) that a certain multi ailias poster was pumping this for all it was worth whilst simultaneously running multi ailias shorting attacks across other stocks. Now the share price here has fallen I presume he's taken profits and disappeared? Anyway , I hope this works out for you but anything can happen in the current market.

Good luck.

[barts] 18/4/2013 13:23

How many of your "bombed out" ones have a brilliant management team and £8 million in the bank? And possible operating costs of less than £450??

[highly geared] 18/4/2013 13:20

Agreed; CNR market cap still pretty hefty compared to most other junior gold companies; reflecting the management quality and strategy but I wouldn't be surprised to see the £1 level breached.

Gold seems to be stabilising but I reckon it may be possible to pick up CNR cheaper. Very difficult to say what the share price should be but compared to other bombed out goldies with decent JORC'd resources, it still looks expensive at this level...

[rame4] 18/4/2013 13:05

Chart doesn't look too clever.

[saturdaygirl] 17/4/2013 20:53

B2 gold down 13% at present ... We will get shafted tomorrow ?

[au24] 17/4/2013 17:00

SP nice article ty.