Condor Gold Share Discussion Threads

[harebridge] 15/12/2014 12:27

Why would anyone buy this now?All the news has come out, without any positive effect to the SP

[jeanesy2] 15/12/2014 12:26

It seems like we have a regular seller at 10k a time.

[888icb] 15/12/2014 10:56

The volume is only 25000 so I wouldn't be to concerned. Some decent buying and the share price could be back to 90+ in no time.

[usmcgs] 15/12/2014 10:10

Andrew

Agree that if people are going to buy then drip feeding would be the best option, thus having funds available if the price drops further. Things will look up for CNR eventually

[sir andrew ffoulkes] 15/12/2014 09:53

Agreed usm, but I think as we are in a crazy market it requires we drip feed into positions. CNR have a superb asset and we are being unfairly hammered, we can only speculate as to the reasons but in my view none of those reasons can be connected with a negative outlook specifically in regard to the company itself.

[jeanesy2] 15/12/2014 09:52

That maybe so but most of us are losing so much here that it is very hard to take and im not prepared to throw more good money after bad. The lack of buying by others is also not a good sign if this is such a sure thing.

[usmcgs] 15/12/2014 09:50

Andrew

The worry is though for how long will this drop. Without a buyer I can see no significant, or at least share price altering, news coming our way for a while.

[sir andrew ffoulkes] 15/12/2014 09:46

Now is the time to be drip feeding to your positions, there is absolutely nothing wrong with CNR, it is a wider market issue. Anyone who can't see that needs to open their eyes.

[jeanesy2] 15/12/2014 09:35

Already below 60p today.The fall is accelerating, but why ? How low will this go is the question atmo. Anyone buying in now is very brave imo until we are told some news

[sir andrew ffoulkes] 15/12/2014 09:30

Time to drip feed a few more into the coffers.

[jeanesy2] 15/12/2014 08:01

In what way am i not correct ? I see we are falling from the off today ! Looks like this is going sub 60p today

[rhuvaal2] 13/12/2014 20:33

Not correct, jeanesy2. Nearly all gold juniors are the lowest they have ever been.... just needs pog to advance towards $1300 and many will have their eyes opened. Look how the American markets crashed yesterday. Don't cry into the pillow

[jeanesy2] 13/12/2014 10:51

One month on since the PFs and we have fallen nearly 40%! What news from the broker- nothing !! His target price was 110p and that was before the PFS . Iwould have expected to hear something from then by now. I would snap anyones hand off if they got anywhere near 100p now. The relentless selling continues from those who cant bare any more here, and i cant blame them. What would happen if the company came out with some bad news ,which to be fair it hasnt so far ? We need something to happen that is unexpected here to turn things around or i fear the selling will continue and the price will move to new 2 yearly lows !!

[usmcgs1] 12/12/2014 16:28

Who knows what price large investors gave, if they have tradedVolume has been good recently but only going 1 way.Has me worried as I had been thinking 40s low but that was wrong. This a new low for the last few years

[sir andrew ffoulkes] 12/12/2014 14:27

The question to ask though is what would motivate a seller at this stage. There cannot be too many investors holding at a profit, unless they've been around for many years. It could only be a bored (unlikely), distressed seller (possibly) or manipulation for reasons unknown.

One would hope that there are a number of third parties who have expressed an interest in entering Confidentiality Agreements (to look at full data disclosure) but this would have been held off until the PFS (+ 2PEA's) was out so they've got something tangible to look at.

2015 ought to be very interesting indeed.

[usmcgs] 12/12/2014 14:05

Whatever happened to any buys/volume causing a rise ..... imo has to be a large seller around

[usmcgs] 12/12/2014 09:41

Just been looking at the charts. I see that have been hitting the lowest price end of day in over 2 years. I thought it was the 40s but that must have been during the day.

[usmcgs] 12/12/2014 08:46

Whether funding is relatively simple or not there is still some uncertainty to it and the market hates uncertainty

The majority are in and hoping for a quick sale.

I have noticed that, for a while now, you cannot sell much at all within the spread. That's continuing today. Not a good sign

[sir andrew ffoulkes] 11/12/2014 22:02

J2 funding to production ought to be relatively simple in view of having the World Bank (IFC) as one of our key shareholders. Might one suggest you make contact with MC and ask him he thinks might happen over the next 12 months or so.

[saturdaygirl] 11/12/2014 21:03

j2

If you can hold your shares for 12 months I would say stick with it .

[harebridge] 11/12/2014 20:53

So JIbbo has gone long!Told you guys this character had sold out. He's the biggest pump 'n dump merchant on here!!Bet he didn't tell you lot he had sold out. Watch him pump this poo now.

[jeanesy2] 11/12/2014 20:26

I agree rhuvaal2 , I should sell and move on , but sadly im at work and have no access to a computer during the day at the moment. I dont like leaving sell orders as you normally get a poor price. Im afraid i have not followed my normal stop loss criteria here and i am suffering as a result. The news here does not get any better. Any bid will now be at a pittance. A move towards production will mean alot of money will have to be raised and how will the company do that at this price ? Mc must be wondering what on earth to do . If i were him i would say that he knows of no reason for the fall in price since the PFS. At least that might stop the rot for a while. Something needs to be done and fast as all the cards which surely he hoped would bring in some sort of end game here have been played and failed. We are now at the mercy of the mm's , until something unexpected happens!!

[sir andrew ffoulkes] 11/12/2014 19:56

Yes it's very surprising, especially in view of near term plans and potential

[saturdaygirl] 11/12/2014 19:54

A year in the life of a Condor Gold shareholder ...........


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