Condor Gold Share Discussion Threads

[usmcgs] 19/2/2016 09:58

CNR LSE the ramper's grave yard

[888icb] 19/2/2016 00:57

The gold price now or 2 months ago is not relevant. What is relevant is the likely gold price when it is mined and sold. Over the last 5 years gold has been over1250 for a substantial majority of the period. The price of 1250 is far more legitimate than the price on the day the whittle report was released.

[andy] 19/2/2016 00:23

Tem,

But at the time they released the non 43-101 compliant Whittle Report, gold was sub $1,100, and that is my objection, because it was misleading at the time, IMO.

Tensions in Syria have been the major contributor to a sudden rise in the POG, which has been fortuitous to Condor, and we may soon arrive at the point where the $1,250 used in the Whittle Report becomes fact, if the guy running Turkey carries on as he is.

For me it still doesn't change the fact that Condor used a much higher gold price "for consistency" than actually existed at the time, and the reason for that was to try and drive the share price higher.

Ask yourself one question, had the previous Whittle Report used a LOWER price of gold, do you think Condor would have used a lower price, "for consistency"

[temujiin] 18/2/2016 21:30

I like MC BTW, just not his Whittle Report RNS.
==============

Agreed, apparently 30% of CoP is from energy usage and Whittle Report used $100/blr instead of current $35/blr. The Whittle Report under sold CNR's NPV :)
At time of posting PoG £1,233

[andy] 18/2/2016 20:13

Tem,

Me too, refreshing for people on opposite sides of the fence to be respectful here, neither of us know what is going on, but we can discuss our respective views in a civilised manner.


That's what BB's are for really, everyone speculates until something happens!

I like MC BTW, just not his Whittle Report RNS.`

[temujiin] 18/2/2016 20:00

Andy,
I will happily state to not being an insider and have no knowledge of whether or not CNR have even thought about a placing yet.

Your logic that CNR may have tried to get a placing done and have failed, so we don't know 100% unless an insider, is sound... But with that logic, anything could be possible unless proven otherwise, which pretty much covers most stuff in the universe.

Fact 1, you have been suggesting a placing for 3 months,
Fact 2, there has not been a placing

That is all I was pointing out.

PS. I enjoy the cerebral jousting, just we're on slightly different sides of the fence :)

[usmcgs] 18/2/2016 19:18

Goneawol walks into school with his arm going through 1 ear and out of the otherHis teacher says what's wrong?Goneawol says it's goneawol

[goneawol] 18/2/2016 18:52

...or two and a half weeks in old money.

[usmcgs] 18/2/2016 18:50

Pog +1.93%

[usmcgs] 18/2/2016 17:53

For those interested pog +1.03%A week and a bit to PDAC if people expect news

[888icb] 18/2/2016 11:06

Sometimes they promote themselves to attract a buyer and we know MC would like to sell. Theres a thought and that would not involve a placing.

[goneawol] 18/2/2016 09:43

Andy,

If they failed to get a placing away, it's not a placing.
Sticking to KNOWN FACTS, MC has said he has funds for at least H1.
Tem's correct, the fact is there has been no placing in the past 3 months.

Companies promote themselves, sometimes it's prior to raising funds, sometimes it isn't.

[andy] 18/2/2016 09:16

Tem,

How do you know I've been "wrong"?

How do you know they haven't been trying to get a placing away and not succeeded thus far? I can tell you that may companies are struggling to undertake placings and you don't hear about the ones that fail! :-)

So, unless you can back up your statement with facts only known to management and insiders, you cannot make such a statement, agreed?


There are other forms of financing, agreed, but no sign so far that ANY of them are under consideration by anyone. So, sticking to KNOWN FACTS, cashburn is occurring and their bank balance is going down.

The ongoing promotion is a huge clue, AIM listed companies generally do it just before a placing to get the price up.

It's the combination of promotional events occurring together that is the clue, the IR guys are working hard to generate interest in the stock and then excitement.

So you are wrong to say I'm wrong, unless you're either management or an insider, and can state categorically that I am.

Correct?

And if you are management or an insider, you should state here clearly so that people are aware.

[temujiin] 17/2/2016 20:37

Andy,

never said it wont happen, in fact it will have to happen if no other forms of funding are found or JV, sale, merger. My point was you have been saying 'placing due soon', for 3 months now.

You might be right today and see a funding RNS tomorrow, but so far you have been wrong for 3 month and counting.

[888icb] 17/2/2016 20:20

It's also not rocket science that the Company could be sold soon or someone could buy a share of the goldfield. In that event there would be no need for a placing.

[andy] 17/2/2016 20:10

TEm,

Well you can keep pretending it's not going to happen,but check the last set of accounts, look at the cashburn, and then do the maths!

It's not rocket science..............

[temujiin] 17/2/2016 19:41

This all looks like trying to pump the share price up for the inevitable placing due very soon, IMO.
====================

Well Andy, one day, week, month, 6 month, it's gonna happen, and I expect you to shout:
'I told you so!'

:)

[usmcgs] 17/2/2016 17:46

Look up filtered there must be some reference to it in your story books. There again they are fairy tales

[usmcgs] 17/2/2016 14:57

I'm astounded by the amount of people, on here, that fail to clasp the meaning of the filter button lol

Cavendish must be having extra lessons, at school, on how to make stories more believable lol

[cavendish234] 17/2/2016 14:40

usmcgs
17 Feb'16 - 08:58 - 13912 of 13924 0 0


still not got the hang of the filter button

Feeling lonely on lse. No one welcoming you lol

Your stories belong in the land of make believe lol
-----------------------------------------------------------
Yes I am sure someone on here can show you how to use the filter button they might also show you how to spell
Now the last bit of land of make believe,are you referring to your fantasy trading again now was it 70k or 80k
What a numpty you are cube head Mcgregor put your sunglasses on

[zangdook] 17/2/2016 12:28

Regent Pacific dump one of their mining investments at a fat loss.

[usmcgs] 17/2/2016 11:32

Dealyed 61k trade on the same spread. Seems like another buy

[usmcgs] 17/2/2016 11:27

Delayed 100k trade looks like a buy
Spread at the time 36/34

[andy] 17/2/2016 10:47

goneawol,

What a shame that that Proactive commissioned article didn't mention the high price of gold used in the new Whittle Report, just for balance!

And the stated "£1.1 million in the bank" is clearly untrue, as they must be spending some money!

This highlights the promotion "industry" at work, MC is beginning to look desperate by all this, far better to keep your head down until you have something worth saying, and then say it.

This all looks like trying to pump the share price up for the inevitable placing due very soon, IMO.