Condor Gold Share Discussion Threads

[book5] 20/5/2020 22:23

with the excuse of the coronavirus, last Monday was a positive day on our main site, very clever politics
positive outcome

[oldiegoldie] 20/5/2020 21:36

steeplejack you are absolutely right. You can even go further down the timeline when thinking about the old sovjet drilling results which form a bigger part of Condor´s foundations.
This is substantial stuff you cannot duplicate in a few months, no matter how much startup money you throw on an investment idea - deliberate detail work plus systematic de-risking on all levels create the explorer value at the end.
I am invested here for 14 years now; a standard S&P500 ETF would have made several 100% during this period. I stayed invested in Condor because I am awaiting much higher returns than what we saw the last days (to say the least). Nice start though.

[steeplejack] 20/5/2020 21:14

Near a three year high which I suppose reminds us mining stocks require extraordinary investor patience......and that’s the ones that actually finally make it to production.The stock trades at a third of the price of 180p odd seen back in 2011.It really wouldn’t surprise if it reached that price again.Junior miners are a complete gamble.

[book5] 20/5/2020 16:18

No getting a quote for fake sell now
Preparing auction

[1airbag] 20/5/2020 16:15

It is the strongest day so far.

[book5] 20/5/2020 15:57

They seem determined to buy any avaible below 80p, £1?
I wonder how many shares are available

[888icb] 20/5/2020 15:51

Now 61p UP 23.2% on volume of 1.44 million.

[book5] 20/5/2020 15:41

Keen to pay 60.5

[888icb] 20/5/2020 15:08

Very tight spread 59/60 and 60p has just been paid. If we break through 60p we could be off again!

[1airbag] 20/5/2020 14:57

she's ticking up again.

[888icb] 20/5/2020 14:45

Sitting at 58p UP 17.2% on volume of 1.117 million and it’s only Wednesday! Looking on the other site someone has reported on Zac Mids new target. Just a few weeks ago as we went into the 30’s he said if we held 30p the next target was 50p. He now expects 90p within 4 to 6 weeks.

[loftus16] 20/5/2020 14:27

Nice to see this. Always knew I'd be back here at some point like Aleoap who I see posted the other day. That was a great period when, in old money, Condor Resources (as was) went from less than a half penny to over 11p which I think is 220p in today's money. A few more shares in issue since then. Gold seems set for a sustained period of strength. Not much else is.

[oldiegoldie] 20/5/2020 13:22

yes, I am so glad to see this development, especially since this monday, after being invested for so many years.
I am very confident we will see some sort of exponential curve followed by a stabilisation somewhere around the 2 GBP line, which we saw some years ago already. The 2 GBP line will be the new sustained plateau for further steps in the months to come

[888icb] 20/5/2020 13:16

Just been out and come back to see it having a go at 60p with volume over 800000. It’s getting quite exciting as I remember the rapid rise to £2 10 years ago. We are in a very different place now and close to production. Although there are a lot more shares now I certainly don’t intend to sell for less than £2 and it should be a lot higher than that to reflect its potential.

[1airbag] 20/5/2020 13:01

yep, good solid gains here today.

[book5] 20/5/2020 12:56

Offering now above 57p for 50000 shares
Still good demand in comparison other days
Wow

[1airbag] 20/5/2020 10:33

888ICB - I recall they said £1.70 share price target based on metrics used to value other smaller gold miners in the sector with similar setup to Condor. If they then start production etc, then the value soars further.

[888icb] 20/5/2020 10:28

Another good start for Condor UP 14% at number 11 on the leader board on volume of 622000. This is attracting attention now and the rerate is underway. This is way undervalued just for where we are now. When you think of the 5 million oz + potential that will be in the mind of a bidder the numbers are just mind blowing. An share price of £1+ should not be far away

[book5] 20/5/2020 09:42

Good demand
They are willing to take all my shares at 55p
Only have 50000 though

[1airbag] 20/5/2020 09:21

Jim Mellon never stops going on about gold and silver and one of his strategies to make money from G & S was to invest in mining shares as usually they go up much quicker than the underlying asset. Think he has around 15% of this company.

[1airbag] 20/5/2020 09:19

Buzzzzzzz - then I am the lucky one as I was in at 20p. Having said that even if we get 60p this week and I am up 200%, I see no point in selling now as there is so much more to come here. This is a hugely undervalued share. This is worth £5+ or even more. The underlying asset of gold is also a good inflation hedge, which will happen over time in around 12 to 18months

[book5] 20/5/2020 09:18

Buzz
All ok
I believe this is bcs ig markets does not allow to cds this one
So no so many traders

[buzzzzzzzz] 20/5/2020 09:01

What is encouraging is this rise is without the appearance of the herd! The pump and dump brigade.

Hopefully new shareholders buying in for the long term not in and out.

My average price mid 60's and did not have cash to average down, but very happy with progress.