Condor Gold Share Discussion Threads

[sir andrew ffoulkes] 20/11/2014 19:52

J2 there is almost zero chance we will go into production and pretty close to zero chance we will go under. It is depressing watching the share price bump along the bottom (and yes it could go lower still in the short term now the PFS and 2*PEA's are out) but Mark Child is in my view a seller not a miner. Could one suggest you speak to him and ask his intentions (I have) !!!!!!!

[rhuvaal2] 20/11/2014 19:00

jeansey2 ~ think of something else for a while and, if you're not spread into say four junior goldies, why not do that whilst most stocks are at their all-time lows. Leave it and you may be too late to spread the load and for whatever reason :(

[jeanesy2] 20/11/2014 18:45

I really dont buy into a takeover offer im afraid. There are so many cheap miners out there atmo. Unless the POG recovers many will go bust and will sell for a song. The only way this share will have any sort of value realised is if it goes to production. That will involve going back to the market for money, so the shareprice will be going nowhere fast. The only chance in the short term imo is if it is ramped, heavily tipped, or discovers bonanza grades in the next round of drilling. Sorry to be so pessimistic here but this really is turning into a jam tmw company ! I have been here a long time and hopefully be in for the end game but i am beginning to doubt my own judgement here.

[888icb] 19/11/2014 21:21

What if there is a takeover offer?
That would be news and that could come at anytime.

[jeanesy2] 19/11/2014 19:29

Looks like this may drift lower as we are not expecting any news in the near future.

[saturdaygirl] 19/11/2014 17:27

Gold took us down at the end of the day , Gold has rebounded within 2 hours !

[psolomons] 19/11/2014 17:18

Amazing. An excellet PFS, gold is up and the share price falls !!

[serious punter] 18/11/2014 08:48

Gold currently $1196.40 -I wonder if we can break $1200 and stay above today.

[jeanesy2] 17/11/2014 16:09

Strange price movement again today. Cant seem to keep a gain atmo ! Quite large volume again today though !

[au24] 17/11/2014 09:50

True,I remember that.
Some people talk on here for the sake of it

[nofool] 15/11/2014 23:41

People now are talking about "the lows" with the same amount of 'knowing' that they used to talk about "the highs" three years ago.

They will always be way out of course!

[saturdaygirl] 15/11/2014 18:18

jeansey

I am hoping for a new up leg in Gold but not sure we have seen the lows at below $1000 .I think this should occur before we ever get to production .

[jeanesy2] 15/11/2014 16:50

Personally the only way this is going to realise its value is when it goes to production if the company can raise the cash to do so. That is the conclusion that the market has too i have now decided after further thought. That is why we will not rise from here in the foreseeable future unless of course a bid does emerge, which may happen of course, only time will tell !!

[marketeer4] 15/11/2014 13:21

Jeanesy2, perhaps if we had retained the early share price rise we may have warranted a write up, but now we may have to wait for an offer to purchase which should make the news we have all been waiting for.

[jeanesy2] 15/11/2014 12:18

Has anyone found any newspaper articles on yesterdays news please ?

[saturdaygirl] 14/11/2014 20:23

Typical CNR shareholder now swinging in the breeze waiting for the elusive bid



Today , tomorrow or next year or the year after that .

I hope some of the * interested parties have been out to la India walking the ground .

[steeplejack] 14/11/2014 20:18

I don't think Mark Child is going to entertain any bid approaches anytime soon.Why would he wish too.The gold market is in retreat and valuations of junior gold explorers reflect as much.Cyclicality will come into play in due course and supply will contract,afterall most of the South African gold mines are unprofitable under $1250.A few years down the road and the highly attractive prospects here will command a significant premium to any like offer in today's climate.Why accept 150p now when you could get double that in a couple of years time.

[888icb] 14/11/2014 20:10

The paper work is now in place which a bidder can rely on.
We just need to wait for the bid or bids as that seems the only way we will realise the true value.
A bid could come at any time.

[jeanesy2] 14/11/2014 19:40

Been at work all day. So the PFS was released and what happened, well sell on news brigade. Not a massive surprise to be honest. Hopefully we will get some press this w/end. If not then ...time to wait some more.. whats a few more years ?!!

[serious punter] 14/11/2014 19:10

I see gold has jumped up $28 to $1189.90 - any thoughts as to why?

[john6185] 14/11/2014 19:04

Ouch!! But then again the industry average is supposed to be $1200 per OzVery strange response today as the numbers really couldn't be much better. And only 20% explored :)I think it will be well over 5m oz's in the final analysis. Remember MC went to PFS to de-risk the project rather than going for the big resource. This could be the tip of the iceberg. I think he was very clever to include the additions PEA's. A good compromise IMHO

[sir andrew ffoulkes] 14/11/2014 18:33

$1117/oz over at B2G