Condor Gold Share Discussion Threads

[saturdaygirl] 11/6/2013 20:35

The candles are primed , with news we could be away tommorow .

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The chart above shows how CNR.L declined after the SELL signal which was issued on 03/06/2013. Since then, the stock price edged down by a hefty 13.88%. The bearish sentiment may be over now. Our system detected a BULLISH HARAMI pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH HARAMI pattern, if confirmed, indicates an upside potential of 25.16%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!

[richgit] 11/6/2013 16:47

Because they are on Holiday.

[plasybryn] 11/6/2013 15:35

Blue. Amazing. Hats off to Condor. Somebody loves us!

[serious punter] 11/6/2013 13:26

richgit 11 Jun'13 - 10:33 - 8679 of 8679 0 0

China will be back buying in the Gold Markets on Thursday

How do you know that?

[richgit] 11/6/2013 10:33

China will be back buying in the Gold Markets on Thursday

I think most realise the FED hasn`t a chance of stopping QE, just a matter
of how much more they will print (not less).

Even though paper Gold can still be manipulated for now against Physical Gold demand,it`s a bet that many Pension funds,Fund Managers & Billionaires are aware, and most certainly do not want the Cannon Fodder to know whilst they do
their buying

Little wonder Soros has moved money into the Gold Giants.

Like many stare at some stock forced down in Capitulation until all the
forced and willing sellers have gone - what eventually happens next if all that
selling was wrong with few willing,or forced sellers left !?

Timing is never easy, so for some it`s a matter of accumulating on any percentage down-until the day of accumulating on percentage up !.

Personally I couldn't stand the stress of Margin though, so just buy and pay for and let others get stressed.

[warmsun] 11/6/2013 10:25

A further two trades of 150k at 96.5 and 97 (timed at the same time as the previous ones earlier today)...looks like another rollover...but do not recall seeing initial buys of 150k.....and buys now show as over 700k for the day, yet total volume shows as only 300k....haven't a clue what is going on.....action soon...???

[usmcgs] 11/6/2013 09:18

rollovers @ 150k

A little strange as there were 3x 150k trades. 1 looked like it was cancelled but still counting in the volume

[saturdaygirl] 11/6/2013 07:23

Market Outlook

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected

[jeanesy2] 10/6/2013 18:30

Another day, another fall. Looks like we will test recent low of 90p.

[saturdaygirl] 07/6/2013 21:49

BB Latest..


CONDOR GOLD


STAY IN CASH


Last Pattern:BULLISH HARAMI CROSS


Signal Update

Our system's recommendation today is to STAY IN CASH. The previous SELL recommendation was issued on 03/06/2013, 4 days ago, when the stock price was 112.0500. Since then CNR.L has fallen by -12.09%.

Market Outlook

The bears are still strong. Besides, the signal is suggesting to STAY IN CASH. It is best to follow the signal and wait on the sidelines, but with a more cautious attitude.

[jeanesy2] 06/6/2013 18:43

In the mean time the shares will probably drop as they seem to on news, but to what price ?

[serious punter] 06/6/2013 16:05

In roughly 4 weeks we'll have some substantive, but not quantitative news. This piece was taken from the RNS of 22nd May. This will IMO be a catalyst for share progression - north.

The aeromagnetic data will be used to help map the surface and subsurface geology, providing quantitative information on the distribution of some of the major rock units and better defining the geological structures that host the gold mineralisation. Recently re-processed ground magnetic survey data that was collected by a previous explorer in 2008 over an area of approximately 13km(2) at the core of the project has demonstrated that there is sufficient magnetic contrast in the bedrock to provide useful geological information and justify the regional aeromagnetic survey currently underway. The radiometric survey will provide an entirely new type of data for the project area. It is anticipated that the measurement of radioactive potassium in particular could be used to identify zones of hydrothermal alteration for further exploration.

The geophysics will be combined with a high resolution satellite-derived digital terrain model ("DTM") that has been commissioned for collection as soon as cloud cover allows. Combined with the geophysics this newly acquired regional data will form the starting point for regional targeting and subsequent exploration within Condor's extensive concession holdings on the La India project, including recently acquired concessions such as La Mojarra and the HEMCO-SRP-NS.

The results and interpretation of the helicopter-borne aeromagnetic-radiometric survey are due in approximately 6 weeks, subject to flying conditions.

[yoda5442] 06/6/2013 15:25

@richgit "The media do not tell that story, as no Bankers want it to be told.

Note the Miners aren't falling over themselves to hedge at $1400 oz, so
arguably they know what is coming..... in time !!"

Couldn't have put it better myself, patience, lots of patience is all that is required.

[au24] 06/6/2013 12:29

rg good post. Spot on.

[richgit] 06/6/2013 11:48

warmsun

If you buy it all the way down (which may or not be now)
I daresay you will make a killing when so many try to buy back later in the year
in a fight for stock that wont be available.

The assets aren't going to disappear,and Gold cannot be held down forever
by "paper Gold" against such huge "Physical demand" from the east.

Not only is World production falling with some big Mines recently collapsing-No major discoveries that can come into production for quite some time....and
whether the West has any Gold left to sell that isn`t already pawned !!

The media do not tell that story, as no Bankers want it to be told.

Note the Miners aren't falling over themselves to hedge at $1400 oz, so
arguably they know what is coming..... in time !!

[warmsun] 06/6/2013 11:17

More added today...again...!!!!

[gears] 06/6/2013 11:07

The flight from the Condor continues but why? Looks like we need a big director buy.

[pillion] 06/6/2013 10:56

ini tidak bekerja, tidak baik

[richgit] 06/6/2013 10:43

That is a fairly typical pure media driven article

With £8.4 Million cash in the bank to carry them forward until Gold
breaks out there is hardly any issue here,as the asset base just grows and grows

I always overlook that most these days are on unaffordable Margin of course,
which is another dimension to the whole Casino, and may bring further bargain
for those that look a bit beyond the current 0 sentiment.

[indonesianbachelor] 06/6/2013 10:30

Condor gets a mention in article on what's gone wrong with gold miners

hxxp://www.growthcompany.co.uk/features/2370968/aim-gold-mining-whatand39s-gone-wrong.thtml

[2tsg] 06/6/2013 10:19

well thats typical....just bought and down it goes !
Been in here a quite a while but decided to top up....gut feeling .....doh.

[saturdaygirl] 06/6/2013 09:41

richgit

I`m sure we are all aware that a bid is the prefered exit for shareholders here . This is a disscusion board so i will continue to post !

[plasybryn] 06/6/2013 09:20

I think some believe Mark is going for a fast sell once he has completed the PFS or BFS.
Gone up to 5 Rigs and flat out drilling plus helicopter surveys of wider opportunities.
Who knows what the Institutional shareholders want, but i have never thought he wanted to go into production. Just a gut feeling.
Perhaps they want to time the PFS with an expected hike in the gold price later in the year.
Perhaps buyers are already sniffing.
So long as there is significant value, i guess it is just best to remain patient and see what transpires.
MC has shown himself to be competant and should deliver great shareholder value as this all gets firmed up in Q4, with good updates along the way no doubt.