Condor Gold Share Discussion Threads

[888icb] 09/7/2020 12:11

Ticking up regularly such that now Up 7.9% on volume of 650000. Once investors are happy its through 40p I think it will move up quite quickly or very quickly as it did in May.

[pauliewonder] 09/7/2020 11:27

I agree with those posting re being undervalued. There is now a disconnect between the gold price increase and the COND share price. This has to reduce at some point, particularly given that spot prices just keep climbing.

[aleoap] 09/7/2020 11:27

New video available htTps://youtu.be/q0-TeY1RrwQ Mines and Money

[oldiegoldie] 09/7/2020 11:05

SP Angel overhang is presumably cleared? Nobody picked up on my question w/ regard to RNS yesterday, but I guess we will now finally see normal market action as of today.

BTW we are at around 10-20 GBP/oz, and not 4p/oz :)

Anyway, back to market normality now

[sir andrew ffoulkes] 09/7/2020 10:59

I've absolutely no idea when the explosive price action will commence, CNR has been a laggard for so long I doubt my own views and research, but one of these days it will happen and it will be sustained.....he says to himself (again) 11 years after first investing here :-)

[888icb] 09/7/2020 10:31

Now Up 4% on volume of 123000 all Buys except a 1000 share sale as the first trade.

[septblues] 09/7/2020 10:30

market cap = 4p per oz

[888icb] 09/7/2020 09:36

I agree that we will see a big rise like the one in May. It is just frustrating that in such a bull market for gold, currently 1810, that we remain undervalued against our peers. We have just ticked up perhaps today will be the day we start to move above 40p.

[1airbag] 09/7/2020 08:50

888 - yes it’s worrying why cnr has not gone up. All we can say is when it does go up, it will likely sky rocket.

[888icb] 09/7/2020 00:47

The gold price has been close to 1820 a few hours ago. A poster Tester 123 on another BB set out what the recent rise means for the value of Condor’s gold.
“Spot Gold at $1815 now, its on a tear today.. I've seen a few comments that indicate that there isnt too much resistance between these levels and $1900.. and potential all time dollar highs..

Bring it on.. This has to start to move soon in recognition of these levels. To put it in context, the gold price has gone up $40 in the past 24 hours. Condor has 2.4M ounces of gold as resources/reserves in the ground. The value of that gold just went up almost $100M dollars. In 24 hours. i.e Almost twice the market cap of the entire company.. HELLO?!! IS ANYONE THERE?!

Unbelievable!
T123”
It puts our undervaluation in context when you realise that a $40 rise in the gold price over 24 hours has added $100 million. These numbers are massive and show why gold companies are the place to be for stunning returns.

[pauliewonder] 08/7/2020 22:36

Agree. Lots of small 500 trades but some at 1.07. 44% rise even after the spread is still very interesting

[book5] 08/7/2020 21:03

Canada
Above 52p equivalent
44,9% rise
Low volume

[silverspoon2009] 08/7/2020 20:01

Three large trades that looked like buys reported late afternoon 130k & 150k both at 38.12p and a 50k at 38.4p

Looks like someone is loading up.

[book5] 08/7/2020 19:32

In Canada above 40p
Small volume though

[888icb] 08/7/2020 12:12

Gold continues its rise now 1803 but it is not igniting CNR where volume is just 89000

[oldiegoldie] 08/7/2020 10:30

RNS stated that the company does not hold any shares in treasury. Does this statement include share price Angel?

[888icb] 08/7/2020 10:26

Condor has just issued an RNS confirming the 5 largest shareholders and their holdings following the placing and warrants issue. Doesn’t look any significant change and is presumably housekeeping for regulatory purposes.
The good news today as silver spoon says is gold at 1800. Lets see if CNR can celebrate this by going above 40p!

[silverspoon2009] 08/7/2020 10:08

Physical gold just hit $1800oz.

I think it is fair to say this company is under radar and under valued.

[book5] 07/7/2020 16:53

Oldie
I have good local contacts on the field
Direct information from artesanal miners, and land owner (at the moment this one is very quiet ) from Santa Cruz de la India.
Gla

[888icb] 07/7/2020 16:36

Gold has risen this afternoon to 1795. It is a shame that Condor has not made any positive progress today. The recent placing was not handled very well it seems to me but hopefully the overhang will be gone before too long.

[oldiegoldie] 07/7/2020 16:20

Interesting info on the land, book5
I hope the MM clear their "backlog" soon in order not to loose momentum.
I accidentially even bought some more shares at 38 - how could that happen... Catching up with Jim again :)

[silverspoon2009] 07/7/2020 15:16

Gold futures now over $1800 oz

Only a matter of time before the likes of Condor re-rate on sector sentiment.

[book5] 07/7/2020 14:37

Confirmed now: artesanal miners have 3 months to leave the Chorriado, noticed was issued when it was bought. This could mean that CNR expects some site activity soon after.
Cnr needs to buy more land.

[888icb] 07/7/2020 13:02

Playing about again by mm’s. Just dropped the share price by moving the ask from 40p to 39p which is then followed by a 50000 buy at 39.85p!

[trad3m3] 07/7/2020 12:27

Once all land has been acquired I'll be looking at 80p IMO