Condor Gold Share Discussion Threads

[hazl] 11/4/2016 13:33

KITCO

'Gold prices are firmer and have hit a two-week high in early U.S. trading Monday. The bulls continue to have the near-term chart posture on their side,'


A depreciating U.S. dollar is positive as well for gold

[hazl] 11/4/2016 12:49

'China goes prospecting for world's gold mines
Submitted by cpowell on Sun, 2016-04-10 13:51. Section: Daily Dispatches

By Biman Mukerji
The Wall Street Journal
Sunday, April 10, 2016

Chinese gold miners are aggressively scouting for overseas acquisitions, encouraged by historically low gold prices that could help them scoop up assets cheaply.

Though gold prices have risen by more than 16 percent since hitting a six-year low last December, prices are still trading close to levels last seen in 2010, in a range of roughly $1,220-$1,240 per troy ounce.

China is the world's largest gold consumer and producer, but only a few Chinese companies such as Zijin Mining have ventured abroad to buy mines, unlike their counterparts in industrial metals.

If cash-rich Chinese gold miners embark on an asset-buying spree, China could reduce its dependency on other international producers for supplies and increase its heft in global gold markets. ...

A period of low gold prices also means Chinese companies may have more options to buy because several mining companies are facing a credit crunch and have massive debt.

"China has five to six gold companies. I have been in touch with all of them, and they all have plans for increasing assets overseas,” said Peter Grosskopf, chief executive officer of Sprott Asset Management, a Toronto-based company that manages assets including physical bullion trusts.

He says the Chinese companies are well-capitalized and better positioned than their North American counterparts.

Sprott has set up a partnership fund with China’s leading gold company, the Zijin Mining Group, which is called the Zijin Sprott Fund, with the aim of buying overseas gold assets, Mr. Grosskopf said. "The expansion [opportunities] are better globally than in China." ...

... For the remainder of the report:'

[usmcgs] 11/4/2016 12:32

Talk of 10m oz is just rampers pie in the skyWithout the drilling to back it up that is all it is. That will cost millions.When drilling has been done previous even by the rampers own words it has made no difference and hence no drilling currently

[usmcgs] 11/4/2016 12:31

Talk of 10m oz is just rampers pie in the skyWithout the drilling to back it up that is all it is. That will cost millions.When drilling has been done previous even by the rampers own words it has made no difference and hence no drilling currently

[usmcgs] 11/4/2016 11:27

And now we see further evidence that hazl is deluded. Next he will be advising people to take loans out lolLook how volume has died. People know this will drop like a stone any time now. 6 mths until news and aim investors won't have the patience

[usmcgs] 11/4/2016 11:24

The latest Nero post, on lse, if anything shows that cnr is ripe to collapse. We have risen too far compared to those othersHe also states cnr always outperforms the market. Hmmmm really how many times has the opposite been stated by the same people on lse

[usmcgs] 11/4/2016 11:23

The latest Nero post, on lse, if anything shows that cnr is ripe to collapse. We have risen too far compared to those othersHe also states cnr always outperforms the market. Hmmmm really how many times has the opposite been stated by the same people on lse

[hazl] 11/4/2016 11:14

sensible people I should imagine.

[usmcgs] 11/4/2016 11:13

Who will dare to buy at these prices with news so far off and the share price collapsing so often from these levels

[usmcgs] 11/4/2016 11:12

Who will dare to buy at these prices with news so far off and the share price collapsing so often from these levels

[usmcgs] 11/4/2016 10:12

cambells et all have been doing the same from way above £1 and look where the share price has gone since3mths until eia

[usmcgs] 11/4/2016 10:12

cambells et all have been doing the same from way above £1 and look where the share price has gone since3mths until eia

[hazl] 11/4/2016 10:08

don't mind rises myself

[usmcgs] 11/4/2016 10:04

Hasn't stopped you posting rubbishRise on volume rarely good

[usmcgs] 11/4/2016 10:04

Hasn't stopped you posting rubbishRise on volume rarely good

[hazl] 11/4/2016 09:27

you cannot hold things back I'm afraid if they are meant to go up they will....likewise the reverse......imoa

[usmcgs] 11/4/2016 09:06

widening spread ...... before the fall

[usmcgs] 11/4/2016 09:06

widening spread ...... before the fall

[usmcgs] 11/4/2016 08:46

"Watch how many deramps the multi I'd puts on today he is gonna be busy as we are gonna have a blue day"It seems the dunce has double standards with regards multi ids and ramping

[usmcgs] 11/4/2016 08:46

"Watch how many deramps the multi I'd puts on today he is gonna be busy as we are gonna have a blue day"It seems the dunce has double standards with regards multi ids and ramping

[888icb] 11/4/2016 08:26

Positive start to the week for Condor share price