Condor Gold Share Discussion Threads

[tester2020] 05/3/2021 15:18

Around 2011 :-) only 2 more years to go i think ;-)

regards
T2020

[connect5] 05/3/2021 14:40

I hope you don't mind me asking 'tester2020' how long have you been invested here? Thanks.

[tester2020] 05/3/2021 13:59

Ill be very grateful to MC for holding off on any major news until after April 5th 2021... ;-)

The conundrum on timing this year is 1) Wait to buy after any equity raise is announced for the plant? And/or 2) How do we play the potential election uncertainty in November?

regards
T2020

[connect5] 05/3/2021 13:56

You must have a shareholding as big as JM's by now 'tester2020' ;-)

[tester2020] 05/3/2021 13:42

888ICB - will be buying more on any dips :-)

regards
T2020

[888icb] 05/3/2021 13:21

Looks as if everyone is content to watch and wait for news. Sp remains unchanged on low volume of 72000 from 16 trades with buy and sell volumes balanced. The spread as yesterday very tight 45/46.

[tester2020] 05/3/2021 11:49

Hi book5, no worries, all very interesting! I do wonder if CNR could maybe offer a part of Mestiza land that is not within their short term plans for the high grade starter open pit / possible toll milling - would be a way to break the land deadlock for now and allow safe progress to be made all round.. Cooperative get their money for land plus a new place to work and CNR can say that they officially have 100% of Land to either do a toll deal with Calibre and/or get the construction finance for the plant sorted out.

Any more mention of real de la cruz drilling teams? Also - a name to listen out for locally is Lycopodium.. They are likely to get awarded the contract for 2nd stage of plant construction quite soon.. if thats who CNR are using..

regards
T2020

[book5] 05/3/2021 11:19

Hi tester

Yesterday, someone in LSE missread my unclear deleted messages, for clarity:

1st-Drliing in la mestiza is having technical delays. This is bcs when the drilling head-cutting-tool goes inside the old tunels, it vibrates, losses its original direction/bearings and sometimes breaks.

2nd-My main contact has learnt, through an army officer, whose relatives work in a townhall that cnr's employees are apparently saying that cnr will offer part of La Mestiza. The army officer is so convinced this will happen that he is speaking to my main contact to invest in artisanal mining to extract gold from that land of La Mestiza, and may offer a job/partnership to my main contact.

Last news above is a rumour as apparently cnr has not yet made an offer to the miners. I have asked to other local contacts about this.
Will cnr delay to make an offer till we get the cresults from drilling la Mestiza?

3rd-Strong rumors MC is on his way to Nicaragua.

Kind regards

B.

[tester2020] 05/3/2021 09:14

book5 - we are all on tenterhooks here :-D I have no idea how "tenterhooks" translates into spanish though! :-))

PDAC starts on Monday.. would have been nice to get some decent news e.g drilling results ahead of that.. maybe we will get them over the first three days next week..

The share price is holding up well despite Gold going below 1700.. Good to remember that at 690 AISC, CNR would still be making $1000 an ounce at these prices..

regards
T123

[septblues] 05/3/2021 08:12

book5 - was your source fired because his employers knew he was giving you info

[book5] 04/3/2021 18:05

_edited till rumours are confirmed

[book5] 04/3/2021 10:28

Market needs to know:
no cpo ?
, miners want land
, we are looking for suitable land, we expect to find it by such date bcs.....

[888icb] 04/3/2021 10:24

I think the only update on the land negotiations that will have any positive effect on the share price is confirmation that it has been completed. An honest and full update that was anything less than that would probably be counterproductive.
I would very much have liked us be Toll mining by now as I think bringing in cash from our gold is good on many levels. However if it is the case that the preferred option is a sale then probably toll mining not considered that important unless the deal was very good?

[book5] 04/3/2021 09:34

Toll mining:
-As tester asked, could we dynamite la india with miners next door?
_could we dynamite mestiza before it is drilled?.

Land negotiations, an honest and full update is what we need.

[sir andrew ffoulkes] 04/3/2021 09:26

I no longer believe Toll milling is an option, I'm afraid that we've probably tried to play too hard a game and lost.

[oapknob1] 04/3/2021 08:24

What have I missed ? How is everyone ?

[bahamasoil] 04/3/2021 08:23

After eleven years invested, it is time to employ a miner to build the bloody thing.

Calibre may well be re-examining their toll milling options in the light of new drill results.

[connect5] 02/3/2021 22:04

Your eternal optimism is amazing 'tester2020', let's just hope it comes to fruition and that we're all rewarded for our immense patience and investment here, especially the LTH's a decade plus deserves a reward!

[tester2020] 02/3/2021 21:03

I think the announcement of financing the plant will be the starting gun for a rerate, it always seems to be the case with these junior explorers - when they actually have the cash to start building the mine, the share price seems to respond - see Pure Gold on LSE who announced a fund raise in August 2019 I think it was... then check out their chart since that point, 35p to 175p ;-) I believe thats why JM thinks CNR is at an inflexion point..

regards
T2020

[connect5] 02/3/2021 20:35

I hope so too!

[book5] 02/3/2021 19:18

That £1 target may be delayed till summer when we have some drilling results from cacao.
I hope to be wrong, or we buy all the land.

[connect5] 02/3/2021 17:24

You will still get your bottle from me 'book5';-)

[book5] 02/3/2021 16:25

Tester
U are wellcome and thanks.
My main contact has lost his job in Managua,so we may hear less from him, at least till he finds another job.
His latest job was awful, armed security guard , in a garment factory, 24 hours shifts, one shift every other day.
We are so lucky here..
Regards
B.