Condor Gold Share Discussion Threads

[book5] 26/4/2021 07:04

I have received two new photos, see link below:



Last week I uploaded a similar photo to the BB. I made an error on my commentary on the BB.

Apparently this road is the main access ("acceso principal") to the processing plant of Mina la India, and no the access to the water purification plant as I said at the BB. The sign on the second photograph attached say precisely that: Main Access to the to the Processing Plant of Mina la India.

[goldrush] 26/4/2021 00:03

BIKWIK

My thoughts too regarding the charts.On a fundamentals basis also I feel that there is news out there and a bit like book5 above are they waiting on some developments? Mark has spent some time with meetings in North American and then in Nicaragua.We know from the recent interview aimed at our Swiss and German investors that First Majestic FR did extensive due diligence for the SAG Mill deal.Let's see what unfolds in the coming weeks .

[ajinvesting] 25/4/2021 22:21

Must be due some drilling news soon? It's been four weeks since the last results from La India and nine weeks since drilling commenced on Cacao.

BIKWIK - Results might coincide next week with your 'upside resolution' to the big triangle chart pattern? Here's hoping.

[bikwik] 25/4/2021 20:46

I think that Condor might just be on the cusp of an upside breakout. I say might as one can never be sure. The big triangle pattern its been in since last May is looking ready for an upside resolution. Next week looks possible. Time will tell.

[oapknob1] 23/4/2021 19:08

Wonder how that plant is getting on ....

[book5] 23/4/2021 15:09

A thought, could Cnr be delaying rns of bonanza grades in la India till we own all land?.

[ajinvesting] 23/4/2021 15:03

Or bonanza gold finds in La India, or Cacao, or Mestiza.

[oapknob1] 23/4/2021 14:44

Or confirmation of a deal for the remaining 5% of the land.

[connect5] 23/4/2021 14:38

No offence 888ICP but I watched gold hit $2070 on August 6th 2020 and it did sweet FA for the share price This needs toll milling or an offer to go up.

[888icb] 23/4/2021 14:08

Gold rising quickly at the moment just through 1795.

[888icb] 23/4/2021 12:46

First Majestic or Rio via Calibre look as if they could be two very likely bidders for Condor. Always good for pushing the price up to have at least 2 interested bidders!

[goldrush] 23/4/2021 12:33

book5

Agreed on why we are drilling and drilling to prove up resources.

Like your thoughts about First Majestic FR. I have followed FR for a while and commented on a possible further connection with them after the SAG Mill RNS.

FR speak Spanish, are regrouping a bit from Mexico,to gain a big chunk of CNR say 35/40% with a planned growth to 120koz plus more down the line....with an option to be in the management team j/v and possibly further control discussions down the line....

[888icb] 23/4/2021 12:05

We haven’t had an RNS so far this month having had 5 in both Feb and March. I feel sure we will get some news next week to keep up the news momentum even if it’s just more drill results, which so far have been very good. The more gold we identify on the road to 5 million oz the higher our value and the more likely a bid.

[connect5] 23/4/2021 11:14

I wish the share price would reflect a smidgeon of what we've got here!!!!!!!!!!

[book5] 23/4/2021 11:05

David
Well said
"CNR are quietly getting on with the job and MC looks happy and satisfied."

[davidspringbank] 23/4/2021 09:08

CNR are quietly getting on with the job and MC looks happy and satisfied. The Swiss guy is very entertaining asking pertinent questions and is impressed with First Majestic as a shareholder following their due diligence of CNR. Everything is going well. With Jim Mellon in charge of strategy, I am quietly confident and increased my holding last week.

[book5] 22/4/2021 19:35

Mestiza road was well repaired months ago, why so early? During the repairs they closed access to main artisanal miners land, who had to use mules during the road repair works. So it was a big thing to do.....Explotec was also involved..Then silence...why?

Still I believe we will have a toll mining deal.
All of the sudden we changed direction from the need to do some drilling if we go for toll mining, to the need to drill a lot . To me this is linked, no only to toll mining, but also to the need to find more resources to negotiate with cooperative , and to financiers requirements (banks ,.....).

Perhaps there is other possible reason, if I may especulate .I believe cnr change of mind, favouring drilling, was around the time MC was in Canada, no sure if my memory is right though.... Did he meet with First Majestic? I wish I would know, but I would not be surprised that is the reason we may have abandoned toll mining (we will not need other financing if FM gets involved), and increase drilling (FM may get involved only if we increase reserves quickly). Far shot though...

MC is taking care of our options to reduce dilution,
FM involment may be one of them. I would be happy if FM gets more shares for the rest of the finacing we need.

We could make tones of money if we discover 5million.oz with good margins.

All good
Gla

[sherwood58] 22/4/2021 19:30

Thanks Book5. I wonder whether that road would be utilised for the toll milling to mestiza.

[book5] 22/4/2021 19:07

Ok.utube one works
Some roads are shown in this screen shot taken from latest presentation



This shows, that there is allowance for two roads crossing site from east to west. Main one to avoid village.

Also they have already improved roads to access mestiza, india, america pits, and now to water purification plant.

Too much info to ask to my contacts..probably no so important the detail , but that things are proguessing as we are told ?...

Looking forward for the day we hear that land negotiations have started.

Looking good

[book5] 22/4/2021 19:00

I do not know all details of roads.
Too much info for me to grasp in short text messsges at weekend
Apparently this one built to very high stardad of finish leads to the water purification plant, and is closed to Agua Fria, which is closed to la mestiza.
There are other new road/s, leading to future plant. Sag mil coming soon, for sure they need roads....
On last presentation MC shows plan of site clearance works, does it give any clues about roads?. Presentation cant be downloaded at the moment

[sherwood58] 22/4/2021 16:43

Book5, surely this road would be leading to where our processing plant is going to be built or for trucks to get to la India? What are your thoughts?

[book5] 22/4/2021 14:44

Hi Tester
Main contact sent only this photo to clarify/answer other contact's comment about this road, where does it lead to?.
Apparently road will be covered with tarmac.
I cant ask for more photos as they try to reduce phone bill. But every week message is the same, project keeps proguessing, no news about land.
Kind regards
B.

[tester2020] 22/4/2021 14:36

book5 - thanks for the pic, got any more? ;-) gosh that sounds dodgy lol - nice to see and feels like more actual on the ground info than we are getting from the company at the moment - we are well overdue news here on the progress being made..

regards
T2020

[book5] 22/4/2021 12:28

That neat road leading to the brand new water purification installation..it must be a nice photo opportunity for the Comandate....
I dont know who will be coming, just wondering...

[888icb] 22/4/2021 11:06

Up 3.2% on volume of 94000 and 50p has just been paid. Perhaps a better day and gold remains strong at 1787.