Condor Gold Share Discussion Threads

[dishan121] 11/11/2015 18:45

Targeting £1m in cash for year end. Absolutely no deadline to sell

[usmcgs] 11/11/2015 18:31

I think your dreaming ref 25p. MC has stated multiple when we were at 44p. Unless you don't believe he is being honest

[drradcliffe] 11/11/2015 18:24

I held for over 5 years. I feel sorry for Mark, he's put 10 years of his life into this and a lot of his own money. He's an honest guy and deserved success but his timing has just been wrong and out of sync with the gold price. His best bet now is Clive Jonhson who will probably do an all paper deal of some sort, but not at a great price (25p?) Condor shareholders could do a lot worse.

[au24] 11/11/2015 17:37

So much promise and a good man in Mark Child

[harebridge] 11/11/2015 17:23

Very sad at what happened here. Looks like it's all over now.

[usmcgs] 11/11/2015 14:18

This really is a collapse and the market just doesn't believe in a positive outcome.Without a deal we will need a placing. MC stated we were looking at a sale or jv because he was worried of doing a placing in the 40s, which would probably have been in the 30s. (Imo mid to low 30s)Now looks like we will be in the 20s and the placing way lower. Imagine the dilution and imo that is what the market thinks

[au24] 11/11/2015 09:52

Sold out here my large holding in the 60/70p range.
Held for a loyal 4yrs only adding. Drip drip drip always down did my head in,what with falling POG and crooked AIM sold and invested cash in the IOT and got my money back very quickly.
Family still hold a few here so look in from time to time.

[usmcgs] 11/11/2015 09:48

People say it won't be sold off cheap but what is cheap? MC has stated he needs to balance an offer with massive dilution if he doesn't do a deal

[usmcgs] 11/11/2015 09:41

We still probably have a large seller. I see no news until end of Jan or Feb. Reasoning being EIA will take upto 2 months and it isn't even in yet and there are further trips, by interested parties, by year end. There are no drill results awaited and hence with nothing exciting expected the share price is likely to drift further.Notice the lse rampers have disappeared

[usmcgs] 11/11/2015 09:26

My last buying was in low 40s and even I'm concerned lol

[usmcgs] 11/11/2015 09:25

Well with no real buying and the market seemingly believing there will be no deal and instead dilution. ........ who knows

[goldenshare888] 11/11/2015 09:15

Jeez, how low will this go?

[jeanesy] 11/11/2015 07:44

MC is looking for at least a multiple of the shareprice. A multiple of 2 makes 73p and 3 makes 109.5. Cant see this achieving any where near that. As the price drops things get worse. Still no statement .. what is he doing about it .. nothing except attending more presentations which so far have yielded what... a shareprice sliding towards zero. At the very least he should be re-assurring investors .. unless of course he is doing a deal .. Wake me up i must be dreaming!!!

[usmcgs] 10/11/2015 23:15

For the record I don't see 20p but there again how many saw 40p coming

[usmcgs] 10/11/2015 23:13

It also matters as it will have some relevance to what price we get if sokd

[usmcgs] 10/11/2015 23:12

Dishan The share price matters because if there is no jv or sales agreement, which if it is going to happen should be by Feb next year, then MC will raise money. He us not going to wait until the last moment. He has already stated he fears the dilution and look at what happened on the last placing

[dishan121] 10/11/2015 23:07

And TW has been wrong so many times I'm surprised people still listen to him... O wait... Only the sheep do ?

[dishan121] 10/11/2015 22:40

What relevance does the share price have to the company succeeding? As investors, fair play but if the company is targeting £1m cash by year end, that means survival for the near future. This will never go into administration or even remotely close. MC will hold tight until a decent offer comes in or a JV. A share price collapse means nothing as they have no need to raise capital by placings.All this lights out business by year end is scaremongering. If IP's were traceable on here, I'm sure it wouldn't surprise me if we saw multiple alias from certain people with an agenda... Oh wait... They are traceable ;)

[jeanesy2] 10/11/2015 20:59

I think going to 20p is optimistic . Could be even lower if this carries on. What did Tw say again. What a dreadful investment this has been !!

[harebridge] 10/11/2015 20:31

Has anybody bothered looking at the 1 monthly, yearly & 3 yearly graph. There's a pattern there, which tells you where this is going. Heading towards 20p (1p old money). Should be there by Xmas.A few employees of CNR have done really well here.

[usmcgs] 10/11/2015 16:26

88ICB .... the amount and rate it has been dropping ..... how can you state that

[molatovkid] 10/11/2015 16:25

3 nice buys by the looks of things....

[888icb] 10/11/2015 16:18

Drifting down on low volumes. Nothing to get excited about. As we all know some sustained buying can push it back up fairly sharply.