Condor Gold Share Discussion Threads

[drandika] 29/3/2015 08:53

I doubt it is a mistake but it hasn't been done. Perhaps the terms have been revised. The current drilling is at the la India pit.

[sir andrew ffoulkes] 28/3/2015 07:14

Mark Child has never made any secret about the fact he'd be an unwilling producer and prefers a JV or sale. That said he will not undersell our company and we will end up in production if that is what the market dictates in order to achieve full value. Whilst a BFS is an intention, in the current conditions it will not add value and so may be premature, he's chosen to de-risk and add value by other means which is pragmatic.

[molatovkid] 28/3/2015 06:15

I thought CNR were headed towards a BFS this year....but apparently not from the recent Mark Child video. Is this a significant change of plan? And what has caused this?

Perhaps given some of the recent gold company acquisitions (and their gold in ground valuations) Child feels more drilling will do the talking far more than a BFS would - especially if you want to sell that it is.

[sir andrew ffoulkes] 27/3/2015 22:26

One is quite sure that Mark Child would not make such an elementary mistake, plus not sure what we are drilling right now but we are drilling at the moment.

[drandika] 27/3/2015 16:54

No, I don't think that is the case.

Looking back at the presentations, there were plans at one point to do 2000m in 2013 but this didn't happen.

[sir andrew ffoulkes] 27/3/2015 16:41

Be nice to see a continuation of today's positive share price action next week. Undoubtedly Mark has been working hard in HK and maybe over the next week or two we may see some tentative investments coming in from the Far East.

We remain grossly undervalued, in fact it's plainly ridiculous but alas the market hates Gold at the moment and we continue to suffer in this longstanding Bear. Long live the Bull.

[sir andrew ffoulkes] 27/3/2015 16:38

We did it later in 2011

[drandika] 27/3/2015 16:21

From 24/8/11 RNS

Condor has committed to complete a 5,000 metre drill programme on the Concession within 48 months of signing the Agreement (18/08/11)

[888icb] 27/3/2015 14:40

Good Friday a week early! Lets hope for a resurrection next week.

[sir andrew ffoulkes] 27/3/2015 14:08

We've drilled and JORC'd Mendoza in 2011 haven't we. Was there more to do?

[drandika] 27/3/2015 14:01

Great video thanks.

Anyone heard anything recently regarding the drill commitment on the Mendoza concession? There isn't long left to do it.

[sir andrew ffoulkes] 27/3/2015 11:40

Big price rise on relatively low volume suggests that the supply is quite tight. Any kind of decent news and the price could explode. 55/58 as one types.

[sir andrew ffoulkes] 26/3/2015 16:58

Mark on form:

[warmsun] 24/3/2015 10:48

I don't believe it was a rollover. A rollover would normally be at somewhere between the Bid and Offer prices with a very small margin in the price...the price of both trades was 47p, well below the Bid. Also, if someone had bought 500k 20 or so days ago, then the share price would have moved up significantly, but it didn't.
My guess is that they were both sales (delayed) and hence the recent drop in the share price ..but, wtfdik!!!

[marketeer4] 23/3/2015 22:05

Perhaps with a short term position that big someone must have been expecting some good news soon. And still does 😆

[888icb] 23/3/2015 20:09

The volume is due to a rollover. That is why the share price has only fallen 0.5p.
Nothing to see here today so just move along to cast your usual negative slant elsewhere.

[sir andrew ffoulkes] 23/3/2015 20:06

J2 that 'massive sell' was a rollover, so in reality a non event. It is someone holding their position for now. That of course is why the market did not move.

[jeanesy2] 23/3/2015 19:48

Massive volume today and mostly sells. Who is selling and why is the big question ?!

[molatovkid] 21/3/2015 08:38

harebridge used to hold these.....

Anyways....CNR tipped in Shares Magazine !


'We do like the look of Condor Gold following a big share price sell off since last summer. It's La India asset in Nicaragua has the potential to be very profitable even if the gold price falls further. Condor says it has enough cash this year for drilling work, buying freehold land on which it's deposits sit and applying for permits- all of which it hopes will make the project more appealing to a potential bidder. We expect Condor to put itself (or at least the asset) up for sale at the end of the year. Numis reckons the shares are worth 100p, nearly double the present value. [BUY]'

[warmsun] 20/3/2015 14:12

Maybe someone should forward a copy of harebridge's post on to MC...not sure you can go round saying things like harebridge has stated!

[steeplejack] 20/3/2015 08:40

I wouldn't give harebridge attention.He's typical of some that frequent these boards.A sort of BB flasher who makes contentious unsupported remarks so that passers-by will feel obliged to poke him in the nether regions with a proverbial stick.

[dishan121] 20/3/2015 08:34

Harebridge£2ml in the bank and BFS underway. Company's usually go into Admin when they run out of money, not the other way round.