Condor Gold Share Discussion Threads

[usmcgs] 09/12/2015 12:05

Andy,

Not sure how relevant making an offer that they think they will get away with is. So far we know that there are 8 interested parties and that the average price paid recently is above $50. We also know the facts behind our project make us a world class resources. Time will tell. At the market seems intent on driving the share price down on what appears to be low volume

[andy] 09/12/2015 11:53

usmcgs,

Any offer will be as low as they think they can get away with, there are no favours in business.

The premium above share price is always looked at, obviously the higher the better from a shareholder perspective. This made the recent Alamos deal for Carlisle look attractive to shareholders, as they doubled their money in an instant, rather than through the long slow drag of trying to build a mine in this environment of risk off.

[usmcgs] 09/12/2015 11:49

Andy, I am not sure how much the share price will be linked to any sale. imo any offer would be nearer true vale/going rates.

[andy] 09/12/2015 11:41

usmcgs,

Agreed, the "for sale" sign was a huge mistake IMO.

Nw anyone interested can just sit and wait as the share price falls before declaring an interest at a lower price.

The fall is beginning to look precipitous.

[usmcgs] 09/12/2015 11:36

Because the market knows that the current market is awful and imo MC is now desperate. No matter what he says he is desperate for a buyer and the market knows it. His sales speeches have been lousy at best.

[steeplejack] 09/12/2015 11:33

Something is worth what someone is prepared to pay for it.No takers?....well there will be,but at a price that will be determined by the predators who will sweat a cash needy Condor and ultimately pick up a real bargain.This is a great shame.The "For Sale" sign has backfired horribly.

[harebridge] 09/12/2015 11:25

Shocking capitulation here. This was £2 only a few years ago, with many talking about £8.Now it's 20 odd pence & falling.All this after a for sale sign was put up.

[usmcgs] 09/12/2015 11:19

Make that 8.8% down today

[usmcgs] 09/12/2015 10:48

Personally I was annoyed at the fact that one of the concessions, that we had purchased from locals, hasn't actually happened yet.

Which permits are you on about?

[andy] 09/12/2015 10:45

usmcgs,

I would have expected the permits to be sorted by now too.

I was very surprised to read they weren't, and until they are granted they are an area of uncertainty.

[usmcgs] 09/12/2015 10:33

I think that there have been delays but it all takes time. imo any company that is interested would have experience is the procedures and therefore hopefully not over concerned. Hopefully those issues will already be resolved before we get any offers anyway.

For whatever reason imo you are far too anti

[harebridge] 09/12/2015 10:24

Why would anyone take this on now? The land/ permits/ licences should have been sorted out by now.Commodity companies have enough headaches of their own in this market. Nobody needs CNR.

[usmcgs] 09/12/2015 10:06

Yes Jibbo is a pumper and dumper

[usmcgs] 09/12/2015 10:05

I think to say we WILL be wound up is over the top ..... at this stage. I do agree that things are serious though and if we don't get a buyer things won't be pretty. I am not even sure a jv will be good news. A jv means a long term solution. Amongst other things it would depend on the terms. It could be dilution would still be needed and also years to benefit from

[harebridge] 09/12/2015 09:53

JIbbo has plenty of history in AIM tiddlers. The biggest pumper & dumper around.You can't fight the markets, charts etc. It's just a case of when this will be wound up now. The permits application was the final nail in the coffin. Why leave it this late? The rampers know this & have bailed out.

[usmcgs] 09/12/2015 09:50

Could be good profit to be made thought ........ if the stars align :)

[usmcgs] 09/12/2015 09:49

Personally I think the market is bad in general but to add to that I think it knows we are going to be waiting sometime for news, which is not guaranteed to be good either

[usmcgs] 09/12/2015 09:40

Notice that the lse rampers, such as jibbo and cambells, have disappeared

[usmcgs] 09/12/2015 09:38

Thought so ........ tick down on low volumeMC has made a few errors on what he has said recently ie expecting to get below the average of buyout, having to go this route due to mass dilution fears if we carry on and no guarantees that we would even get that money in this market.ESA has also been behind shedule and there has also been problems getting the land purchases. There has also been problems with land that we thought we had already purchased.Unless we get worthwhile news soon, which I don't expect for a few months, I expect new lows

[usmcgs] 08/12/2015 16:07

Sells now below bid so could be a tick down coming

[usmcgs] 08/12/2015 14:52

Still ultra low @ about 10k

[usmcgs] 08/12/2015 12:09

Volume still almost non existant

[usmcgs] 08/12/2015 08:38

Questions are:How much longer are we going to have to wait for news? Maybe Feb 16What happens if we don't get the ESA, land purchases, buyer or jv? Way lower than now. It is a big gamble and hence the spHow much lower could this go?

[usmcgs] 07/12/2015 22:58

Correction ....... Volume has been low