Condor Gold Share Discussion Threads

[mikeh30] 16/11/2020 15:46

Expecting some delayed buys here. Looks strong

[book5] 16/11/2020 14:00

Oldie
Very true, things seem to be playing into our hands

[oldiegoldie] 16/11/2020 13:49

Agree, I am also very bullish on CNR atm.
I have the impression MC changed a bit his strategy and acts more aggressively now, which I support.
The hurricanes might also help us in the long run, as artisanal miners understand that their artisanal mine infrastructure might not be suitable for future weathers. A properly designed mine including professional water management saves lifes.

[book5] 16/11/2020 13:46

Clues are above
The quality of the source is protected

[mikeh30] 16/11/2020 13:40

Come on b5 give a clue

[book5] 16/11/2020 13:38

Directors are not buying bcs they know the news are coming, nor they will buy till they are published.

[book5] 16/11/2020 13:35

Here there has not been real trading, but wash trading for weeks between same count owners.
Any real purchases raises the price.
Today first two small trades brought the price up 4%, guess who bought them, and why.

[sir andrew ffoulkes] 16/11/2020 13:31

OG, haha, not ramping just a fact, seemed odd that price moves up on nothing in terms of volume.

[1airbag] 16/11/2020 13:28

BOOK - what are the best Nic cigars? and where can I buy them cheap? For own consumption by the way.

[book5] 16/11/2020 13:24

Oldie
I can't post here all I have been told bcs it is so bullish it is scary to take the responsibility to post it...
For me the toll mining agreement will happen, and probably very soon, in few days hurracaine will pass, and land slides will be cleared, and installations checked.
I don't know any date though, "any day now"
Gla

[oldiegoldie] 16/11/2020 13:08

@ Sir Andrew 😂 nobody will ever sell them CNR shares to you my friend! You want more than 5000 shares? How dare you!?
Oh, how I love these repetitive ramping talks... Always a real pleasure.
Hopefully we will see some more substantial progress over the next days.

[888icb] 16/11/2020 12:39

Certainly slow trading with just 5 small trades by 9.30 then nothing until after midday for a current volume of 69000.

[sir andrew ffoulkes] 16/11/2020 12:27

I use HL and they wont sell in anything over 5000 shares.

[book5] 16/11/2020 12:06

I bought some
Time to check messages

[sir andrew ffoulkes] 16/11/2020 12:04

Allegedly people can only sell shares today, not buy?

[888icb] 16/11/2020 00:43

Very true rain and land slips are usually the biggest problem.

[pugugly] 15/11/2020 19:31

Latest update =Looking as though probably tracking north and wind speed declining significantly - main worry now could be precipitation.

[888icb] 14/11/2020 18:34

When you look at the reality of tropical storms the chances of a particular place being in the eye of the storm are extremely low. But let’s hope it doesn’t cause any damage at La India.

[pugugly] 14/11/2020 18:12

Looks as though with a bit of luck the eye of Iota may track to the north of La India but uncertain at this stage-
Tropical Storm Iota path update: Iota expected to strengthen, still on track for Central America landfall


Book5 - over to you for news from the ground - if your contacts are able to update the storm progress.

[888icb] 14/11/2020 11:17

Tester has returned to LSE but I hope he doesn’t mind if I repost something he posted last night comparing CNR to Calibre as a potential value comparison:

RE: £3 ?Fri 22:54
cambells - we have both been here a long time.. surely the end game is almost upon us..

I just wanted to highlight one thing tonight for potential investors reading this after the news from the company this week.. compare this company to Calibre mining, TSX CXB. On November 4th they published guidance for 2020 production as follows:

November 4, 2020 Guidance
Gold Production (ounces) 125,000 – 130,000 per year
Total Cash Costs ($/ounce)(1) $870 - $890
AISC ($/ounce)(1) $1,050 - $1,070 (Total All in costs ro produce 1 oz of gold)

Compare that to Condors planned figures operating in the same jurisdiction (within 2 -2.5 years)
Gold Production (ounces) 120,000
Total Cash Costs ($/ounce) $550-$650 (estimated!)
AISC ($/ounce) $590-690 (estimated!)

Calibre curently has a market cap of £450Million or $800M CAD. Condor market cap is £50M or $90M CAD.

Even if gold prices just stay the same, this has the potential to 10 bag in 2 years.. Yes there are risks involved of course. If you dont want any risk, stick your money in a bank for 2 years instead, you will probably get back £101 for every £100 you invest..

But if the gold prices react due to negative interest rates, inflation, devaluation of fiat currencies and PoG hits $3000 in 2 years which many analysts are calling for in the technical chart formation.. Both Calibres and Condors share price will probably double at least from that estimate.. why? For Calibre, at $2000 they are making $1000 profit an ounce, so at $3000 (gold price up 50%) their profits will double to $2000 an ounce. For Condor, if they can produce gold even cheaper at $600 an ounce, they will be even more profitable..

We hold our hands up - A lot of us invested here too early, we have been through the cycle of a junior miner from the left hand side of this graph on slide 2 on the link below.. But I would say that as a new investor you now have the chance to get in right at the Entry point, as the company is right on the cusp of making its production decision (next month or 2 potentially)...

hxxp://www.usfunds.com/slideshows/lifecycle-of-a-mine/#.X68MM8j7RhE

If gold goes on a bull run, and the companies progress coincides with that (wow), this chart will look even more parabolic than what you see here.. but even if it doesnt, the worst that can happen is that it rerates to look like Calibre as described above..

What an opportunity, but not without risk! He who dares Rodney.. ;-)

regards
T123

[book5] 13/11/2020 16:34

200000 warrants converted
£62k to the treasury
Good

[book5] 13/11/2020 14:48

Let's hope for a big rise

[888icb] 13/11/2020 14:37

After 19 trades and volume of 215000 full ask of 43p has just been paid so perhaps we may see a small rise to end the week. Which would be nice!

[diggybee] 13/11/2020 14:15

Haha. I like condorville. Like the hotel California but a better quality of inmate!