Condor Gold Share Discussion Threads

[goldrush] 28/5/2021 12:47

Yep book I noticed that just now.....£50,000 purchase .....someone sees value here....

[book5] 28/5/2021 12:42

Decent 103 shares buy
Here there is value
News hopefuly soon

[book5] 26/5/2021 23:34

I added some today.
I believe the very probable presence of Ortega's family as shareholder means goverment supports us.
Today our Nicaraguan cnr's Ceo said that condor will increase gold production in nicaragua btw 20% to 25% per year.
I really hope we have news soon that push the share price up above 60p.
Gla

[book5] 26/5/2021 16:37

Drilling continues at the East side of the Ravine where 3 access ramps for the drilling rig have been built recently
Good.

[book5] 26/5/2021 14:04

Clearly we are following the strategy of
Finding new resources to offer land for land. Why? Bcs goverment, at least so far, has not moved in our favour, and cnr knows that the miners will not leave their land for only cash unless push with a bayonet .
Sp will do ok provided we get an extension, otherwise ...we will probably be selling or ask for more cash
Few weeks to wait

[oapknob1] 26/5/2021 13:59

Main driver for CNR share price is purchase of the remaining 5% of land and compliance with the Environmental Permit before the deadline.PoG can bounce to $3K but unless the Land purchase is completed the share price will stagnate. If there is an extension to EP then the market reaction might not be the best.

[connect5] 26/5/2021 11:47

Amen to that 888ICB.

[888icb] 26/5/2021 11:39

I am not attaching great significance to the gold price but it is useful background information as it does in general affect sentiment towards gold stocks. It will of course be very relevant to our future profits and would be used by someone making a bid to take a view on the value of our gold in the ground.
If you look over a longer period say from the start of 2020 when CNR was 20p and now when it’s circa 50p the graph for the rise in the gold price is quite similar.
But what we need is good news and I am hopeful that it will arrive soon starting with permission to commence building the mine and the arrival of plant on the site.

[connect5] 26/5/2021 10:57

Not wanting to rain on your parade 888ICB, but the POG did sweet FA to our share price when it hit $2,070 dollars on 07/08/20! I'm heavily invested in here for me and have been loyally or stupidly for over 10 years, so I want this to succeed big style the same as any share holder, yet I'm still under having averaged down heavily.

[connect5] 26/5/2021 10:52

Only a few times 1airbag.

[1airbag] 26/5/2021 09:48

Just as we thought the breakout was coming into 50s it gets dragged down again. Been here before haven't we?

[book5] 26/5/2021 09:18

News are due
Exciting times
Gla

[888icb] 26/5/2021 09:03

A poor start down 0.5% which will hopefully reverse during the day as gold continues to strengthen currently 1910.

[connect5] 25/5/2021 18:20

Unlike our share price

[888icb] 25/5/2021 16:27

CNR having another quiet day but at least gold is going Up 1892.

[book5] 25/5/2021 14:13

The most unskill new entry lvl as guirisero gets $15 per day per 8 hours. Compare this with $5 in zonas francas per 12 hours shifts. Or $150 per two weeks at 24 hours shifht, with a rest every other day as security manager.

[book5] 25/5/2021 14:09

Subcontractors get less
And it is their land, and want land for land Or nothing.

[sir andrew ffoulkes] 25/5/2021 14:07

I don't recall the numbers can anyone remember but were CNR not say they were hoping to pay about $700/m v a national average of about $200. I can't remember but the margin was very significant.

[book5] 25/5/2021 14:05

A J I have voted u up
I am not rambling, Just informing no all is "we want condor gold jobs!", u give ur land bcs we pay taxes, and take it bcs I want money too.
This should not be Russia in the 80s

[ajinvesting] 25/5/2021 13:58

I trust MC and JM to get on and do what's best for the long-term future of the company. That of course includes ensuring that local people and employees are treated with dignity, respect, fairness and that the company acts with social responsibility.

The land arrangements will be sorted when necessary and appropriate. CNR will and should not pay excessively, however the price and associated arrangements will be a matter of negotiation, so the optimum answer will be arrived at.

Rates of pay in Nic are what they are. I hope that CNR's people strategy will put remuneration in the upper quartile of local pay rates so they can hire the best people. And other employment arrangements such that CNR can be a preferred employer in the area.

Shift patterns will be pretty common across the industry. It's like in manufacturing companies where I have work experience. 24x7, 24x5 or so-called Continental shift patterns are common - if you cannot fulfil the shift pattern, then the job is not for you.

Honestly, we should all allow MC and the company to get on and do the best for everyone. Constant rumblings on this BB are pointless.

[book5] 25/5/2021 13:09

Many people dont want to give away their jobs
MC said he will be using subcontractors as per the rest of the industry.
Having said that cnr has recently not given a drilling job to a subcontractor due his bad reputation against workers
This is not about money, Cnr could pay 6k for associate , this is about la mestiza. For the majority of miners, specially the above 35 is about jobs and survival.
My contact at Santa Fe, working at El Limon, had to quit bcs the shifts were affecting him, he is a young man with kids.
In the Zonas Francas, apparentlt the Chinese, and koreans firms pay less than $10 per very long shift。There is nothing else so people take the jobs.

[888icb] 25/5/2021 13:04

I feel sure Condor will not be subjecting workers to impossible shifts that make people sick. The jobs with Condor will be modern open pit mining which is very different to the old fashioned and dangerous mining they currently undertake. This is progress and a better lifestyle for the miners and their families. Look at what Condor has done for them already in the village, something what they are doing and earning now has not been able to provide.

[book5] 25/5/2021 12:21

It is their Land
And about jobs? explotation is what the subcontractors of main miners do, with impossible shifts that make people sick.
There is a reason why workers want to work directly for main miners, and not for the subcontractors. As the main miners want subcontractors rather than direct workers , so the non-so-naive older miners want land to work for themselves rather than for subcontractors.
Industrial relations are so bad bcs the socialist labour laws.