Condor Gold Share Discussion Threads

[jeanesy2] 30/4/2013 20:04

This is turning into a shocking investment. The fall is relentless. Now nearly halved. I can see this going alot lower, as recent good news has not stopped the selling.

[usmcgs] 30/4/2013 15:08

Buys appear to be coming more prevalent now

[usmcgs] 30/4/2013 15:08

Broker Ocean's Latest Comments:

Broker Ocean Equities said that completing a pre-feasibility study for the La India project in Nicaragua is the key near term catalyst for the Condor Gold (LON:CNR) share price.
The company announced it is starting a 2,000m drilling campaign on the Central breccia part of the project.
This part had some of the best drill results last year including 45.8 metres at 4.24 grams per tonne of the precious metal and 13.7 metres at 6.7 grams.
"The company is steadily ticking the boxes to complete the study," noted analyst Chris Welch.
"Geotechnical drilling is underway and soon metallurgical test results should be returned.
"While this longer term work is being carried out the company will be able to maintain its momentum through completion of ancillary projects such as drilling at the Central Breccia.
"The longer term goal is to have multiple areas of open pit mining on the project so we also expect the company to carry out more grass roots exploration on the other parts of its large land package in Nicaragua."

[usmcgs] 30/4/2013 15:07

SELL IN MAY AND MISS CHANCE

[888icb] 30/4/2013 14:18

The scope to buy alot of shares has been small on most days as the volume has been low apart from on the 15 April and 16 April with 900000 and 600000 trades as the share price dropped from 130p to 107p. On a number of recent days the volume has been in the 30000-50000 range.
Volume is low again today if you ignore the2x 45000 trades at 11.46 as a rollover(both show as Buys on Barclays at 100p and 99p).

[frankel2] 30/4/2013 14:10

It's got nothing to do with the size or grade of the resource right now. It's all about the financing.

Stocks that aren't making money are being sold off. The PM mining sector bubble has burst.

You'll be able to get these for 50p soon. It's nearly May.

[warmsun] 30/4/2013 14:02

"They will simply see this as an opportunity and I would not be at all suprised if we see further purchases by Regent in the coming days."

I agree with that....but, I have been thinking /hoping for that for a week or so already...

[888icb] 30/4/2013 13:56

Just a few weeks ago Regent Pacific invested £5 Million @£1.60 per share. They bought a further 2 blocks of 200000 shares each in late March and early April as the share price declined. Regent bought because they know this Company can be sold to a Trade buyer for multiples of £1.60 per share.
The recent wobble in the gold price and the easily induced panic in AIM PI's will not concern Dattels and Mellon. They will simply see this as an opportunity and I would not be at all suprised if we see further purchases by Regent in the coming days.

[warmsun] 30/4/2013 13:49

Rame...its a rollover....it isn't a sale!!!!

molatovkid, I am not going anywhere.....this will make me money....however depressing it is right now..

[molatovkid] 30/4/2013 13:05

This is where we sift out the short-termers from the long-termers.

At this rate B2Gold will pick us up from loose change.

[rame4] 30/4/2013 12:49

Well there's 90K's worth sold for starters

[b2l] 30/4/2013 12:43

back to 50p soon ?

[warmsun] 30/4/2013 12:04

The volumes are very low...I very much doubt it, but, wtfdik...

[rame4] 30/4/2013 12:02

Is it RP reducing?

[warmsun] 30/4/2013 11:55

Actually, maybe they are not too unhappy! Happy to further fund the Company at say £1.10 (a premium to the current ridiculous low share price) for a further increase in their shareholding? Hmmmm.......

[steeplejack] 30/4/2013 11:41

Can't think that Regent Pacific are very pleased about this price decline.Not very good timing.Shows you,even the industry experts can call it wrong and how.

[b2l] 30/4/2013 08:33

drilling update and no one cares .... we had better times .. :(

[warmsun] 29/4/2013 08:54

Maybe the directors should start buying........?

Something has to get this moving again!

[molatovkid] 29/4/2013 07:21

Also looks like there is a hell of a lot more gold....

'It is unlikely that the Central Breccia is a unique hydrothermal system and the wide distribution of epithermal vein-hosted gold mineralisation over an area of more than 100km² in La India Mining District suggests that there was abundant movement of gold bearing fluids in the geological past and that there are more gold mineralized hydrothermal breccia systems to be discovered.'

[saturdaygirl] 27/4/2013 20:57

If the GDXJ hits the resistance line $15 and CNR follows , we get back to 1.20

[warmsun] 26/4/2013 09:27

...........and we are unchanged with less than 3k shares traded....oh well, not to worry...