Condor Gold Share Discussion Threads

[book5] 31/12/2020 16:16

I am happy with rumors saying that cnr has offered land to the cooperative, I need to double check this. Let's see when cooperative meets. Enjoy end 2020, for a great 2021 with CNR.

[888icb] 30/12/2020 12:21

Just 13 trades so far for a volume of 83000 and no change in the share price

[redprince] 30/12/2020 11:44

Bought some more of these for my SIPP and some more for my ISA today.Was struggling to get a quote for the second batch so placed the order and it went through no hassle. Good luck all this year coming.

[oapknob1] 29/12/2020 23:14

Sure it was.

[888icb] 29/12/2020 21:13

Nice 37500 Buy at 50.0044to end the day which had a volume of 638000. Bodes well for tomorrow closing above 50p.

[marketeer4] 29/12/2020 17:42

See Johngle on lse board who states 400k trade today was his crosstrade from SIPP into ISA account. Confidence in CNR.

[oapknob1] 29/12/2020 17:02

On mid though so could be a sell. More Warrants?

[diggybee] 29/12/2020 14:55

Quite a few shares sold today in a quiet week on the cusp of good news.

[tester2020] 29/12/2020 14:34

RNS for starting drilling on Mestiza is due in early January, MC reckons end of February until you see first assay i.e g/t results from the current drilling on La India. But yes, news to come here and the big one would be a 40koz pa toll milling agreement with Calibre to turn CNR from explorer into producer within 3 months.. regards T2020

[davidspringbank] 29/12/2020 12:52

Drilling results should light the fire.

[book5] 29/12/2020 10:44

good to see a 400k shares trade we may jump upwards soon

[888icb] 25/12/2020 13:17

If Jim Mellon is right with his multibagging it should be a lot more than 157%. I am hoping we can be the Greatland Gold of 2021!

[goldrush] 25/12/2020 10:27

Merry Xmas to one and all. 888ICB Another 157% in 2021 has a reasonable chance of being attained with a fair wind..... 🤞🤞😀😀

[888icb] 24/12/2020 13:57

We are not where we thought we would be at the end of a year in which CNR has made so much progress towards production. However on Christmas Eve last year the share pricewas 19p and today we closed at 49p an increase of 157%. So we are making good progress which bodes well for CNR finally achieving its true potential in 2021. Happy Christmas to Mark and the Condor Team and to all the investors who post on this BB.

[book5] 24/12/2020 10:51

Zangdook You are wellcome Now they have a wonderful weather, and it should last.

[zangdook] 24/12/2020 09:57

Thanks for the pictures. Nice weather, isn't it.

[888icb] 24/12/2020 09:53

Gold moving up this morning approaching 1880. Condor moving Up 2.1% on tiny volume of 13000.

[bomber13] 24/12/2020 09:33

After 10 years of getting to this point of commencing development of the La India gold project , it is perhaps no great surprise or coincidence that the shareprice is also within a whisker of challenging its very own 10 year downtrend . The level that breaks this very long term trend is 55p , which , coincidentally , is the potential trigger point for an accelerated exercise of 4.35m warrants at 40p . Site preparation has started , permits are in place , in-fill drilling has started , engineering studies are nearing completion , a processing plant decision is about to be made , the final 5% of the land is about to be purchased , a toll milling agreement with Calibre is being discussed , and project finance is about to be arranged . Therefore , 2021 is highly likely to be a transformational year for Condor , and , hopefully , for its shareprice as well . Doesn't history tell us that most money is made in mining stocks from the point of mine decision to first production , when the cash comes pouring in ? And why should Condor be any different ?

[lurker5] 24/12/2020 09:07

You have to remember that La India has no NI43-101 compliant technical report that is anywhere near up to date. The 2014 one has been upstaged by a lot of subsequent drilling and a change of focus to the satellite pits. So anyone lending via a gold loan or otherwise might want some more detail that might explain why further drilling is going on now. It might also explain why MC isn't announcing much about it.

[book5] 23/12/2020 22:27

You are wellcome shiftb, apologies I did not explain before the previous link's photographs. I was distracted by something else that took longer than expected. Last night Explotec had his Christmas do. During the dinner the managers gave the same message as before, they are due to start working in la India at any time, but they don't know when. Cortesy of my main contact, pls find above link to three photos of a machine that apparently has been reserved for la India works by Explotec. Machine is on Explotec's yard at El Limon. Recent article (posted at lse) says drilling now is to 70m depth. Previous rns said 35m! Https://www.minalaindia.com.ni/2020/12/21/condor-gold-anuncia-importantes-avances-para-construccion-de-la-nueva-mina-de-oro-en-nicaragua/ Extract of the change: Otro estudio importante que se está realizando actualmente es la perforación en diferentes áreas de la zona del tajo. Serán realizadas 57 perforaciones de un promedio de 70 metros de profundidad, para extraer muestras de rocas y analizar la presencia de oro y plata. So total length of drilling has not changed significantly bcs: 57 x 70= 3990m Previous RNS Number : 6722H Mon, 7th Dec 2020 07:00 Highlights · 4,000m infill drilling commences within permitted La India open pit has commenced. · Drilling focused on shallow (to around 35m depth) high-grade starter pits within the main La India open pit. My Questions? What has motivated the change In depth, and therefore on the number of drills? Is there any other changes in relation the previous rns? My assumptions are that first this has been done bcs it is good for us, and second it is a siginificant change. Possible reasons, anyone? : Could it be that perhaps the results of the diamond core drilling to 70 m of depth are such that we can combine them with previous drilling results to upgrade our reserves to 70m of depth with the same cost? I suspect that the next rns will be un update on the drilling results. Gla

[shiftb] 23/12/2020 21:25

Thanks book5, progress being made.

[book5] 23/12/2020 19:50

Https://gofile.io/d/zf5amI

[book5] 23/12/2020 13:34

Apparently, around the 20% of the guiriseros are older than 60years. Btw 60 to 80 people.

[888icb] 23/12/2020 11:45

Another quiet day Up just 2% on volume of 33000 from 9 trades. Warrant holders continue converting bringing additional cash into the company. We could get news that would send CNR considerably higher at any moment. It will be disappointing if we don’t close above 50p for Christmas as we should be at least £1 by now.

[book5] 22/12/2020 23:44

Thanks for raising the question. I have just asked. Apparently artisanal miners can retire at 60. The pension they receive depends on how many years they have been been paying social security. I will also ask how many miners above 60 years of age keep working. Condor makes sure all artisanal miners working under their supervision pay social security. Both the cooperative and Condor have said that new land will be made available for artisanal miners. They need to agree on this land swap for a deal to be struck. I wonder if we need to wait for the first week of January for negotiations to continue. My main contact is back in Managua for few days. All seems ok, I have no plans to sell any share anytime soon. . Gla