Condor Gold Share Discussion Threads

[fission453] 11/2/2016 12:03

I told you last weekend that POG was on a major rise....all be it alittle behind my projection!

RIO Tinto eyeing up juniour explorers! Believe me this is a steal at this sp!

[fission453] 11/2/2016 12:01

POG $1238 now!!!

[usmcgs] 11/2/2016 12:00

1/2 hr since the last trade. Who will blink first?

[steeplejack] 11/2/2016 11:59

Those Condor projections based on what ...$1250 gold....don't look so spurious now.Might look a tad conservative by the end of the week.?

[usmcgs] 11/2/2016 11:50

346k vol and almost 19% rise
Can't see 888 whining about it now. As I have said this has always moved on little volume.

[usmcgs] 11/2/2016 11:37

and Jibbo @ the front of it all lol

[fission453] 11/2/2016 11:30

Very interesting!!!!

[fission453] 11/2/2016 11:29

get in there.....

[usmcgs] 11/2/2016 11:23

Interesting it went up quickly on low volume and now the sells have come in. Interesting to see what happens

[steeplejack] 11/2/2016 11:11

As Mark Twain said...history doesn't repeat itself but it often rhymes (sic)

No Andy,the AIM market wasn't around then and it was a real blessing.
There is a difference between a rights and a cheaper placing.Actually,old fashioned rights were invariably done on an X rights discount price of around 12%,a much bigger discount than a placing is usually done at.In other words,the fact that some stocks went to a premium to the issue price when the issue was done at such a marked discount,makes the fact more not less noteworthy.Whether the issue was on the main or AIM market isn't that relevant.If you're dealing with a junior explorer on the AIM market or a stock on the main market,things aren't that different,the market dynamics are the same.Short selling ahead of a placing and closing there after,can lead to a bounce etc.The key point is whether someone is prepared to pay over the issue price.
If you've ever been involved in a rights or placing,you'll know that the market is often gently primed ahead of a equity fund raising.Inside information is not illegal in itself only if that Intel is used to take an advantage and make an "unfair"profit.Thus larger holders will invariably be consulted "taken over the wall" ,as to whether an equity placing would be welcomed and at what sort of price.Unfortunately,it's often difficult to keep the process watertight.Make of that what you will when it comes to the scummy AIM market.

[usmcgs] 11/2/2016 11:11

LSE suddenly kicks into overdrive lol

[usmcgs] 11/2/2016 10:58

Has news leaked?

[usmcgs] 11/2/2016 10:57

Is news got out?

[saturdaygirl] 11/2/2016 10:36

Rio posts an $866m loss today , I would suggest they have greater worries than buying this pile of poo ..

[usmcgs] 11/2/2016 10:25

Those that have been around cnr will realise that PoG doesn't seem to effect us.

It will only effect us when sold. We know that MC has stated that he doesn't see that happening anytime soon

[fission453] 11/2/2016 10:20

Interesting interview with Sam Walsh from Rio Tinto, alluding to they are keeping powder dry and looking for tier 1 assets to buy at this bottom of cycle stage. Also talking about how this stage in the cycle is a great time to develop potential mines.....

[fission453] 11/2/2016 10:18

Like I said these are trading very cheaply!

[fission453] 11/2/2016 09:54

$1218 POG. if you think the price of gold doesn't matter then think again, RIO tinto looking at buying out small explorers and CNR will look very tasty...year end POG predicted to smash $3000!

[andy] 11/2/2016 09:38

steeplejack,

firstly you're referring back to a different era completely, so in my opinion it's not relevant to today, that was 30 years ago, times have changed.

Secondly you're referring to the main market, not the AIM market, which wasn't around then, and has a totally different rule book.

Thirdly, you're comparing rights issues for large corporations with placings for AIM listed speculative junior mining stocks, they are not the same thing at all!


You are not using "case law" because you are not comparing apples with apples.

[fission453] 11/2/2016 09:08

POG $1216....matter of time before explorers catch up!

[usmcgs] 11/2/2016 08:54

20k rollover

[steeplejack] 11/2/2016 08:39

I can hark back to any number of historical precedents if I feel they're illustrative.Isn't a lawyer allowed to use case law in pleading his case.