Condor Gold Share Discussion Threads

[serious punter] 02/9/2014 21:52

Looking at trades over the past few weeks, there appears to be quite a few rollovers. I believe you can only rollover once, therefore there will be quite a few sellers towards the end of the month irrespective of news IMO. Also, unless there has been a substantial share price rise, then I envisage tree shake games by the MMs to hit stops around this time as well.

[jeanesy2] 02/9/2014 16:42

Gold having a bad day!

[rfv] 02/9/2014 09:04

Schusssssh!

All too quiet today.

[plasybryn] 01/9/2014 10:16

What a superb chart.

[psolomons] 01/9/2014 08:33

I bet the new non exec director will buy a few shares soon.

[temujiin] 31/8/2014 12:29

Hi SP, well us BGL refuges had to end up somewhere :)

Actually I've put the majority of my BGL cash in here buying initially at 84p and averaged up to 97.2p with 35k's worth atm. Certainly like the fact MC has a lot of skin here, and the grades are nice with exploration potential. Some concern over future funding, but that's the same with most of AIM. Will look forward to seeing what the PFS has to say :)

[serious punter] 30/8/2014 22:46

Temujiin

Nice to see you across here in CNR after the BGL/GGG fiasco. At least Mark Child has considerable skin in this company and is well known for over delivering.

[temujiin] 30/8/2014 20:14

DrRadcliffe, perhaps 'large' was the wrong word but PFS's are subject to a % amount of uncertainty. From this link




Geovale closely works with the client on all the three important evaluation milestones namely – Scoping Study, Prefeasibility Study and Feasibility Study.

The level of confidence normally varies between +/- 50% for scoping study to
+/- 10 to 15% for a bankable feasibility study.


IMO a PFS will be somewhere between those figures but lets say +/- 20 - 25%, which as I said gives us a 'ball park figure to work with but is well short of the details required in a BFS.

[drradcliffe] 30/8/2014 15:50

large degree of uncertainty?! I don't think that's right. The NI 43-101 Preliminary Feasibility Study defines the Condor Gold's gold and silver reserves for the first time and contains much carefully produced research and planning about establishing a gold mining operation on La India. It defines the mining method to be used, pit configuration, and contains detailed financial projections based on very specific technical, legal, social, environmental and economic assumptions. It's something that's associated with an advanced project, which La India is. It represents the millions spend exploring the La India concession to date. You can't say it contains a large degree of uncertainty.

[temujiin] 30/8/2014 12:25

Generally news always seems later than we'd hope so I'll be expecting the PFS towards the end of Sept.

The PFS in itself isn't a silver bullet to a rocketing share price as it still has a large degree of uncertainty, but it will define the ball park figures for us and potential preditors / JV partners. This should allow bigger fish to make a reasonable assessment of what level of involvement they might want with CNR, and for us to reassess our exposure.

[jeanesy2] 30/8/2014 10:04

Big volume today. Lots of unknown trades so hard to judge if buys/sells. Perhaps some are thinking news on PFS will be next week. Personally i dont think so myself, but we will see. Nice to see us up again though!, long may it continue!

[warmsun] 29/8/2014 15:07

We are creeping up.....nice to see!

[saturdaygirl] 29/8/2014 11:11

SP

The trades are listed Wed and at very different prices , lots of late and cancelled trades going through recently . They could be from earlier in the week also as recorded Late on the 27th . Doubt the 112p trade is a sell though !

[serious punter] 29/8/2014 00:00

Interesting 150k & 90k buys? posted @ the end of the day. I assume they are orders that were eventually filled today

[drradcliffe] 27/8/2014 23:30

In the end, 3 buys for every sell.

[rfv] 27/8/2014 15:09

Yea agree jeanesy very odd.

[jeanesy2] 27/8/2014 14:49

Strange price movement today considering there are at least twice
as many buys as sells. Volume picking up

[jeanesy2] 26/8/2014 12:53

buys still above offer. Another tick up this pm?

[jeanesy2] 26/8/2014 11:21

A nice buy above offer

[psolomons] 26/8/2014 11:20

Don't forget these are valued at £3 when the gold is turned into a reserve in the PFS which is due in September. Looks a bit of a no brainer buy.

[jeanesy2] 26/8/2014 10:55

this is starting to move.nice tick up this am. More to come i hope please!!

[yangou] 26/8/2014 10:46

These are playing hard to get. Just bought 898@110p

[saturdaygirl] 26/8/2014 10:26

Breaking the triangle