Condor Gold Share Discussion Threads

[connect5] 28/1/2021 14:46

Thanks 'AJINVESTING' I'll try and listen to it while exercising!

[ajinvesting] 28/1/2021 14:32

1airbag - Link below to Proactive One2One Investor Forum - Thursday 28th January 2021, scheduled to start at 6:00PM, looks like Mark Child may be speaking first:

[connect5] 28/1/2021 14:31

Yep I saw that as well and got offered £0.477p on a dummy trade, FWIW!

[888icb] 28/1/2021 14:15

The buys keep coming in and the share price has completely reversed today’s fall on volume of 160000 as the markets also recover.

[1airbag] 28/1/2021 13:59

has anyone got a link to the presentation?
and what time?

[book5] 28/1/2021 13:52

Connect
MC needs to select what option he is going to choose (for the land) and move forward to deliver gold .

[book5] 28/1/2021 13:03

Please, Questions for MC:

Which % of the length of the main vein is on the cooperative land? 20%, 30%...

How are we getting the cooperative land:

Are we given away La Mestiza?
Or
Are we buying land at Nance Dulce?
Or
Is the goverment going to intervine ? Or have they gone quiet ...


Can we start toll mining on La Mestiza if we are going to give it away ?

Many Thanks

[oapknob1] 28/1/2021 12:50

Lack of news and dilution through warrants taking this down. Lack of patience too.Too many updates to come, but the 55p for 10 day anchor will stop any decent rise unless those holding the warrants are ready to exercise and cash in.Until RNS updates are released its going to drift. Get your tin hats on

[1airbag] 28/1/2021 12:41

888ICB - not sure I agree, totally the fault of MC, he is what is dragging this share price down

[888icb] 28/1/2021 12:16

It is just being marked down like most stocks this morning. The volume is just 99000 from 26 trades with buys exceeding sells 3/1. This being 3% down is just in line with the rest of the market so not CNR related.

[connect5] 28/1/2021 12:07

'PUGUGLY' my friend that's the million dollar question?

[diggybee] 28/1/2021 11:49

He she or it, please.

[book5] 28/1/2021 08:26

We are trying to dance with the pretty girl in a busy venue, and she has already a jelous companion.
Girl=land
:-)

[pugugly] 28/1/2021 07:53

Closed down 13% in Canada - This must be one of the most unloved near gold producing coys in the market - Why?

[book5] 27/1/2021 19:53

new presentation
MINES & MONEY CONFERENCE 27 to 29 January 2021

[888icb] 27/1/2021 08:38

Good news this morning as another £484000 goes into the CNR bank account. This reaffirms Jim Mellon’s belief in CNR as his holding increases to 18.8%. Those 1562500 new shares are in safe hands and will not be sold so no new shares flooding the market.
Up 2% on volume of 22000.

[divmad] 27/1/2021 08:33

Excellent summary of the current state of play, book5.My take is that with an election looming, I would expect the politicians to side with the local miners. Imagine the PR disaster if it got out that those money grabbing foreigners were being supported over the poor locals. This will take time to resolve.

[book5] 27/1/2021 07:15

Rns
Condor Gold (AIM: CNR; TSX: COG) announces that pursuant to receipt of notice for the exercise of warrants from Jim Mellon, a Non-Executive Director of the Company, it is issuing 1,562,500 New Ordinary Shares with a nominal value of 20p each in the capital of the Company ("Shares") at a subscription price of 31p per Share. The Company has received gross proceeds of £484,375 (the "Purchase").



Accordingly, further to the Purchase, Jim Mellon owns directly and indirectly a shareholding of 20,289,463 Ordinary Shares.*

* Jim Mellon owns a direct and indirect aggregate shareholding of 20,289,463 Ordinary Shares or 16.8% of the Company. The direct interest is in 2,889,883 Ordinary Shares and the indirect interest is in 17,399,580 Ordinary Shares held through Galloway Limited. Galloway Limited is wholly owned by Burnbrae Group Limited, which is wholly owned by Jim Mellon.



Application has been made for the Shares to be admitted to trading on AIM ("Admission"), with Admission expected to occur by circa 1 February 2021

[book5] 26/1/2021 12:22

Re Land

Cnr cant probably put any date to buy the plant till they solve the land

Rumours are miners want money and land. Land they want:
-1st- la mestiza, if this is not possible, then
-2nd- land at Nance Dulce, the problem is we dont own all of it.

It appears the cooperative's associates are not in a hurry to sell their concession , but want to sell it before the elections this coming Nov. During the next 6 months the weather conditions will be good for them to mine their land. Due weather conditions they only can mine their concession during 6moths per year.

Imho to proguess we would need either:
- goverment intervines, or
- raise cash to buy land in Nance Dulce, plus to compensate the miners.


Goverment could intervine to facilitate a cpo to buy either:
-cooperative land, or
-land in Nance Dulce

So options I see: goverment intervines, toll deal to raise cash, give away mestiza, or raise cash in the market.

Imho We are undervalued for any scenario.

Miners are siting on a "gold mine" they will try to do a good deal for themselves. Their land is disproportionaly critical to us, in ispite of its small area, because apparently it is a very long and narrow strip of land that sits directly on the vein (it was selected by goverment engineers for the cooperative).

I will not be surprised if the goverment intervines, but I am not holding my breath. In 2017 they supported the locals.

Some hope, the Cooperative is updating its members register. This is positive, as it is probably necessary to exchange contracts. In my opinion this has been done through the back door, it is surprising they are updaiting it in a hurry, ....:-).

Associates are divided ; it seems majority supports current leader, So he will be re-elected .

Looking forward to the 28th

Gla

- difficult to write with small phone screen

[diggybee] 26/1/2021 11:37

The share price is almost irrelevant as there is no institutional participation and it is still a concept. So the only interested holders are promoter insiders, speculators after a quick buck, or people who rather wished they had sold out at a higher level. It is either worth a multiple or few of where it currently is, or diddly squat. I am surprised that nobody is sniffing around it though, if it is supposed to be any good. But right now, as others have said, there is nothing really to buy.

[connect5] 26/1/2021 11:27

Nothing unusual to see with CNR '888ICB' these share price drifts are par for the course. Apologies for the tone just fed up waiting for something good and long lasting share price wise to come our way at long last!

[888icb] 26/1/2021 11:10

While it is nothing to worry about it is frustrating that 24 small trades with buys and sells virtually in equilibrium we have drifted down 4.8% on volume of just 158000. We should be moving Up through 55p. Perhaps there is concern about the warrants but there shouldn’t be because the company wants them to be exercised because it wants the money in the company bank account. Let’s see if Mark can produce some value enhancing news to excite the market.

[davidspringbank] 25/1/2021 17:21

Small-time traders taking the price down today.