Condor Gold Share Discussion Threads

[book5] 24/9/2020 20:28

Listening to our CEO, I believe government's preference is that cnr produces at least 100k oz per year asap. Will the goverment have a word with both Cnr and Calibre, so they collaborate and increase production = more taxes paid & more jobs? I dont know, but I would do that..call them to their senses for the good of the country.

Hopefully a massive tolling agreement starts early next year so we don't need to issue lots of new equity.

I would prefer if we go for a small new modular plant, and quickly expand it as Calibre reduces its spare capacity.

Gla

[davidspringbank] 24/9/2020 20:05

I increased my holding here by one third, yesterday and today. My 50,000, bought before 10am this morning, is wrongly listed as a sell. I now own 300,000 and have managed to get my average price down below 50p. I am down £13 grand. I also bought Condor Resources last night, listed on the Canadian exchange for good measure.

[divmad] 24/9/2020 19:19

But a paid for report, nevertheless.

[paleje] 24/9/2020 15:53

John Cornford analysed CNR at the start of Sept, it's comprehensive and good reading, I know he did a podcast too but I don't have that. He does have a connection with Master Investor as does JM but seems to write objectively. He reckons too cheap at 50p and longer term sees up to 200p:-



Sorry if already posted.

[1airbag] 24/9/2020 12:47

I appreciate there is no inside information allowed but JM as Director will know far more than us..

[888icb] 24/9/2020 10:11

You are clearly correct that Jim as a Director cannot act on inside information. Condors current strategy and progress against it targets is very much in the public domain and therefore there is nothing stopping him buying if he is simply acting on what everyone else knows. I am sure he is not involved in the day to day running of the business. It is good that he continues to support the share price as we all await news on one or more of Condors current objectives such as the land purchases or toll mining,

[diggybee] 24/9/2020 09:36

But presumably also cannot act on inside information

[1airbag] 24/9/2020 09:14

BOOK5 - said JM wouldn't buy more....! Sorry.
Perhaps he was tempted to have a top up on this current weakness, smart play if he knows the bigger picture.

He and MC are no doubt in regular contact so he knows the lowdown on progress.

[book5] 24/9/2020 08:05

JM added 100k yesterday
I hope he keeps buying to get us to 55p

[888icb] 23/9/2020 23:44

Closed 5.7% UP on volume of 507000. A very positive final trade of 50000 Buy at 48p will hopefully be continued in the morning.

[888icb] 23/9/2020 15:06

Now UP 3.4% as the volume moves to 390000 and the offer is now 47p

[888icb] 23/9/2020 14:41

Just gone blue as volume hits 378000.

[888icb] 23/9/2020 14:22

Thank you book5
It’s good to see Condor making a determined effort to get this final bit of land acquired. It is also good for the locals because the sooner CNR can get mining the sooner there will be more jobs available to the locals. It’s also good to know that Condor has machines operating although clearly they should take care not to damage property!

[book5] 23/9/2020 13:45

888

It only affects to old lady's land. Alledgely cnr's is planning to take her to court.

Some villagers have lost their jobs, they wrote a letter to cnr, they want jobs, they may get them back after the 30 of September when apparently cnr will get the deeds of a piece of land. I don't think law makes it compulsary to cnr to accept them back on its land, but it should help....law says one 1% of land may be offered to artesanal miners if the company agrees with it.

Company is negotiating with a cooperative of artesanal miners to buy their land.

Apparently a property was unfortunately damaged recently by a cnr machine, police got involved. We should not give ammunition to our detractors, who get advantage by publishing it for all to see.

I heard there is another person that needs to sell... I am not sure, checking sources, similar first names...

Above from conversations with villagers, I can't guarantee any is correct, but I personally trust them enough....

[888icb] 23/9/2020 13:28

Book5
When you say you are waiting for the court to decide are you saying Condor have now gone down the compulsory purchase route in court to secure the final 9% of the land?

[sadone] 23/9/2020 10:49

We need John Wayne or Tonto to pop & have a word :)

[book5] 23/9/2020 08:15

Covid helped us to buy land quicker, and I bet it's now contributing to many PI to sell their holdings to have some cash savings.
Domino effect are always present everywhere!
I am waiting for the court to decide, law favours the Industrial miners to a large extend

In nicaragua they have a say:

Ya estamos montados en el caballo y ahora hay que jinetearlo

[book5] 22/9/2020 13:08

1air
I hope he keeps adding

[book5] 22/9/2020 13:08

1air
I hope he keeps adding

[1airbag] 22/9/2020 12:57

My 10,000 purchase was marked as a sell FWIW.
Book - JM won't want to buy much more as he has 16% of the company already. Just my opinion.

[888icb] 22/9/2020 12:24

Recovering now down 4.4% on volume of 294000.

[book5] 22/9/2020 12:23

Obviously there are risks, otherwise JM would be buying more and more.
For what I heard, Company is actively pursuing adquiring rest of land, I only know of two that need to sell: old lady (to be called by court, no direct contact now, offer has been significantly reduced) , and the cooperative of miners' land.
Message I got from yesterday presentation is that cash is what we need in the mid term(?) . Sources are, tool mining, warrant conversion (buying land would help to put share price above 55), other financing...

Apparently road repairs are carrying on.
I perceive Company seems to be getting tougher (in several fronts).
Locals positive all will go ahead
Other message I got from yesterday presentation is that MC seems to want to please goverment to start producing lots of gold sooner rather than later . He should rush to do the tool mining agreement before it is too late, window may be open for short term till calibre boosts own production. The earth road being repaired is not to Mestiza pit, nobody knows what it will be used for in the short term, villagers are not aware of tolling mining option .
.Tool mining from Mestiza would benefit from repairing the road via Agua Fria village.

[1airbag] 22/9/2020 12:13

PUGUGLY it'll come good, don't worry
I just added.

[pugugly] 22/9/2020 12:02

Going down the drain fast - Hidden news? Or just market jitters but down 7.7% versus most exploration and developers who are either static - some gainers only ones with a higher percentage fall as sub 5p stocks

Producers mixed but but about 50% up marginally -v-other 50% down fractionally so WHY is CNR under-perfoming?

The above data based on screen of some 100 gold coys