Condor Gold Share Discussion Threads

[book5] 22/5/2020 09:35

I don't want it to retrace
And I thought u would like to hear the news I was told?

[yes yes] 22/5/2020 08:50

in other words i would like it to retrace :)

[book5] 22/5/2020 08:41

888
I am afraid a retrace consolidation looks likely, but I have added this morninig😁
28513; a few.
Hopefuly Insiders keep this alive
Apparently (I was told this by local villager) On Monday police evacuated around 200 artesanal miners from la India. These were miners from other villages, excuse was risk coronavirus transmission was too high, so they keep outsiders miners out. Local artesanal miners still working, some outside main area.
Some locals see this as a prelude of site preparation.. May be too optimistic, but definettly they stop taking cnr gold from there, and police supported us.
Monday and Tuesday share price went up, may be bcs of the police action? I don't know

[888icb] 22/5/2020 08:10

Up we go straight off the blocks.

[888icb] 22/5/2020 07:56

Very impressive Proactive interview last night which should spark interest this morning.

[book5] 21/5/2020 15:47

No sure about demand
But indicative sell price is 60p

[888icb] 21/5/2020 15:41

Some movement now share price upto 60.5p on volume of 720000. Now down just 0.8% so perhaps a blue finish could be on the cards?

[888icb] 21/5/2020 15:36

Another uptick as the bid is moved to 59p so the spread is now just 1p.

[888icb] 21/5/2020 15:32

Since 3pm the bid has been raised 1p to 58p with the ask remaining at 60p. This is perhaps pointing the way for the final hour and the share price has responded with a small uptick to 59p. The buys now are at 60p.

[book5] 21/5/2020 10:44

All I hearing is ok
Keep the faith

[888icb] 21/5/2020 10:38

79 trades so far on volume of 540000 and we are down 4%. There are no large trades and I suspect the mm’s need to encourage some sells to have stock for the next rise. The market cap is still only £56 million and we are a company with the ability to produce £1 billion of gold. Let’s get this rerate moving up so we can make the starting point for bids much higher than it is now. Just my hunch but I think Mark would go for a good bid at this point to avoid a further raising of funds and put a substantial sum of money in his pocket to fund his personal future.

[bmnsa] 21/5/2020 09:15

Only £10 come on!!

[1airbag] 21/5/2020 09:08

The value here is in the work that has gone on in previous years. A massive amount of work, studies, permits, meetings, exploration, etc. etc. This is why as the share price re-rates it will jump to £2. Then with production it will re-rate again to £10.

[888icb] 21/5/2020 09:00

A few early sells and then the buying kicked in so we are back to 60.5p which is down just 0.8%. A pause for breath is to be expected after such a rise. However we are still massively undervalued and this Rerating is long overdue. There is some considerable way to go before we reach a fair value alongside our peers. There is also the ever present likelihood of a bid.

[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!