Condor Gold Share Discussion Threads

[jeanesy2] 20/12/2013 08:53

going sub 70p today !

[harry3021] 20/12/2013 00:02

Gold's Fundamentals for 2014 page 59 Spread Betting Magazine Dec Edition

[rhuvaal2] 19/12/2013 19:33

jeansey, you may be short here or wanting to buy-in cheaper: that I don't know: $1050 thereabouts pog may well happen, but NOT any further. The branksters hammer it on a Friday and are doing their best before the dawn of 2014. Already many mines are uneconomic and, in brief = history will partially repeat itself and many knowledgeable expect at least $1400 as the months wear on. With monstrous global debts, who'd be chasing FTSE and the Dow right now (not me!)

[jeanesy2] 19/12/2013 18:22

Cant see this reaching anything like £2 . Gold is now below 1200 and likely to fall much further imo. Im afraid that the pfs is going to be too late.

[steeplejack] 19/12/2013 15:47

You should get yourself down that leaf strewn,verdant path to those welcoming Inns,Precinct14,you naughty tinker.

[steeplejack] 19/12/2013 15:19

Frankly,I consider that the price of gold has seen most of the fall.All the South African mines are unprofitable and are at best being mothballed.Less production means that supply/ demand balance will be re established while the ETFs have already in 2013 unwound 3 years of positions built up in the previous three years.Gold will probably hang around current levels in 2014.As for miners ,well even if you don't fancy a bull run in gold the valuations being applied to junior miners like Condor are ridiculous,I don't see Mark Child's entertaining a bid at anything under two quid and I reckon major shareholders would dismiss anything less than that,especially given the prices they've recently paid for stock.

[precinct14] 19/12/2013 15:14

"down down deeper and down"

[warmsun] 19/12/2013 11:24

If I was a company looking to buy another company 'on the cheap', I would do it now....not when the pog was a lot higher.

[888icb] 19/12/2013 08:16

It could be the case that a very high grade of gold that can be extracted at a low cost per oz in a mining friendly country is a very attractive asset when the gold price is weak.

[jeanesy2] 19/12/2013 08:03

With last nights news, pog is going to go much lower imo.This will not help here.Cant see a bid materialising even after the pfs, at a figure that will be acceptable. Full prodution will be the only option and who knows where the pog will be then .

[drandika] 18/12/2013 09:04

Positive comment from this fund manager:

"We are impressed with Mark Child at Condor Gold and believe that he is
a man to back."

hxxp://www.webbcapital.com/downloads/factsheets/gold-fact-sheet.pdf

Let's hope they increase their postion. We could realy do with some of the iis stepping up now.

[rhuvaal2] 17/12/2013 19:20

patience my friend, and meantime think of something else = by the end of 2014 or thereabouts this will be a 5-bagger from here.... enjoy the season, be silly to sell now :)

[jeanesy2] 17/12/2013 13:40

Hitting daily lows . Not good. What on earth is the new broker waiting for. Not impressed at all. Some on here seem to be holding out for between £4-8 . I would be happy with a pound right now, as i can see 50p in the not too distant future.

[mlangton1] 12/12/2013 01:26

Beat me to it SG, tx

[serious punter] 11/12/2013 22:17

Thanks SG/Skyline

[saturdaygirl] 11/12/2013 14:42

SP


An initial
production strategy through open-pit operations alone yielding 0.87Moz over the
nine years from 2017 generates an NPV of £172m (454p/share), also based on our
gold price forecasts averaging US$1,676/oz from 2017, which supports the strategy
of lowering initial funding requirements to potentially add to project value in the
longer term.

[serious punter] 11/12/2013 09:10

Hi Mike

Have you got a link to your post 610 please?

[mlangton1] 11/12/2013 00:32

Latest Edison report suggests current NPV of 454p per share for open pit with "further significant valuation uplift potential" from underground.

[mlangton1] 11/12/2013 00:19

Gold flying ($1261), now time for our Condor to soar

[saturdaygirl] 10/12/2013 20:54

Uploaded with

[steffyloveshares] 09/12/2013 15:26

video interview
Condor Gold update points to high-grade open pit

Mark Child, chairman of Condor Gold (LON:CNR), tells Proactiveinvestors the latest resource update points to a 1.5mln-ounce, high-grade open pit at the La India project in Nicaragua.

[molatovkid] 06/12/2013 11:56

Total over-reaction to that RNS that sparked all this....if I wasn't up to my neck in CNR already I'd be thinking about buying around this point.

Looks like 80p ish is the support point.

[warmsun] 06/12/2013 11:42

Seems to be some people 'nibbling' at CNR this morning...long may it continue!

Currently 79p - 82p