Condor Gold Share Discussion Threads

[book5] 02/9/2020 17:01

Mine is also shown as a sell

[cashistrash] 02/9/2020 16:49

Platinum doing well. Gold is going to do very well if you are following certain people's predictions. The fed are all over the place and are in a mess, there is only one way to go really. When we get an RNS of land purchase 100%, that will be a healthy share price day I would have though. come on people; show me the money!

[1airbag] 02/9/2020 16:47

I think my trades were posted as sells so misleading on the trading volume

[1airbag] 02/9/2020 12:56

Added more today

[1airbag] 02/9/2020 12:46

Thanks DiggyBee.

[diggybee] 02/9/2020 12:29

https://masterinvestor.co.uk/latest/condor-gold-unlocking-value/

[book5] 02/9/2020 11:58

MC mentioned Covid brings the risk La Libertad could closed down at any minute if things get worse.
At the Libertad There are 800000 tpa extra capacity. Hauling material from El Limon (4gr/ton) to La Libertad takes 1 hour more than what it would take to haul material from La Mestiza, (12gr/ton). Approx current Hauling time 5h, versus 4 hours if la Mestiza's material would be used.
So clearly, maths are in our favour.
Better to be thorough in our decisions, mistakes are expensive.

Gla.

[sir andrew ffoulkes] 02/9/2020 10:38

Haha, that old chestnut. I'm not so concerned by him but if MC or JM started to sell, I'd be out the door quicker than you could shake a stick. Trouble is I'd be selling at 10p.

[diggybee] 02/9/2020 10:29

That he might!

[1airbag] 02/9/2020 10:25

He might have a tax bill to pay....!

[sir andrew ffoulkes] 02/9/2020 10:16

Because it's not as profitable in the short term, it's all down to your view. I simply think he's greedy.

I love toll milling as an idea because it will buy our second hand mill for us out of cash flow and allow drilling etc to expand our resource.

[diggybee] 02/9/2020 10:12

Why not toll mill?

[sir andrew ffoulkes] 02/9/2020 10:10

If you asked me to take a guess as to why he's selling some off, I'd say he doesn't want to toll mill. This makes me almost certain that we are therefore going to toll mill and soon!

[diggybee] 02/9/2020 10:06

Hope you're right and my CNR position is with you too. Still 8% in the company, number 3 holder. It just seems bizarro world when every rinky dink gold miner is flying that this one can't quite swallow the kool aid. As it were.

[1airbag] 02/9/2020 07:59

DiggyBee

People sell for all the wrong reasons. If it's a stock overhang you are alluding to that's fine I am happy to sit it out. Stock will rise faster and higher once clear.

[diggybee] 02/9/2020 06:01

Major shareholder been the big seller at 50.5/ 51p it looks like. 500k as of 28/8 and ongoing I Guess seeing as it still seems capped?

[1airbag] 01/9/2020 16:13

I ADDED MORE TODAY

[book5] 01/9/2020 12:29

1airbag

Agree with u.
Sp did around x2 went Mestiza and America were permitted and we said we owned virtually all land. Imaging what will happen, when we have all land at La India, x2 or x3 in a day?
La india contains majority of our reserves, so the effect on the share price should be even more pronounced than before... Or so I hope (that it is not already discounted) ...

[1airbag] 01/9/2020 12:26

Book5 - Jim Mellon says the cost of the condor gold in the ground is currently $19 per Oz....I am happy with a $1981 per Oz discount.

[book5] 01/9/2020 12:21

Heard same rumours about Guatemala, but I don't know how close we are to sign... Just rumors in the village that say the second hand plant adquisition is going ahead...and that covid is delaying a bit the process, i. e. nothing new....
MR Childs will tell us in due course, via rns, what is cnr next step, hopefully soon
All good

[888icb] 01/9/2020 12:09

It seems to be virtually all buys so far with volume of 185000 but the share price remains unchanged. As usual with CNR more news is required. If Mark is doing another talk today perhaps we will get something during the day.

[book5] 01/9/2020 11:38

Imho, the current share price only values the Mestiza and America potential sale price, i.e. La India pit valuation appears to be close to zero.
So risk of CNR's share price coming down is extremely low.
All good, very good risk reward ratio

[888icb] 01/9/2020 11:09

And it should be noted that the biggest insider keeps buying with Jim Mellon now at 16%!

[sir andrew ffoulkes] 01/9/2020 10:46

Diggybee, there are always buyers and sellers in any market and under any conditions. I personally don't read anything into it, I'm a seller when the insiders are sellers.