Condor Gold Share Discussion Threads

[book5] 09/6/2021 07:15

Rns: New joint broker specialised in raising capital。
All good

[oldiegoldie] 08/6/2021 18:27

I think its not a false statement to say that we are all frustrated.
Some try ramping every second day ("transformational news ahead", "i have added today", "next week share price is going to explode" etc), others try to deramp even further out of frustration and even others try to analyse in a debate why the situation is as it is. As a LTH I try to be in category 3.

[connect5] 08/6/2021 16:22

888ICB I agree it's not going to do anything to alter anything at the end of the day, but these forums give people the opportunity to vent harmlessly. I don't necessarily agree with all the opinions and posts on here, but at the same time I respect everyone's right of expression. At the end of the day our aims are aligned and I truly hope the long term holders are amply rewarded for their faith and patience. With AIM and MC may may or may not be one of those rare decent individuals most peoples experiences are of the Wild West with scant regard for pulling down the trousers of small investors unfortunately.

[888icb] 08/6/2021 16:15

It may well be the case that a BFS is not required but Mark now thinks it will be helpful to the project to do one anyway. If you recall they are working on figures presented in from memory 2014. These figures including a new higher gold price are being prepared in any event by the company who did it last time so not much extra work to turn it into a full BFS. Mark could show that to a potential bidder. I don’t think Mark is perfect but he has done a good job on the whole coping with the down period for gold and gold companies and keeping dilution to reasonable levels because he is aligned with shareholders. I am not sure how taking a pop at Mark and CNR is going to help maximise your investment.

[connect5] 08/6/2021 15:38

BTW I'm also here to maximise my investment as I'm sure we all are.

[connect5] 08/6/2021 15:34

Mark also said to a poster he met years ago in London that a BFS wouldn't be required. His timescales have altered whether that's his fault or not who knows. There's no harm in people voicing their opinions or fears, why is it always treated with such contempt. I've been patiently invested going into my second decade with a sizeable investment for me and you better believe I'm peeved. My choice or mistake whatever you wish to call it I know to stick or twist. To be honest and nothing personal 888ICB you jump on other posters and you act as if MC has been perfect and defend him against everything and anyone. You don't need to pick on every comment you deem to be negative. EOR.

[book5] 08/6/2021 13:52

All good
Gla

[888icb] 08/6/2021 13:50

Mark says the land is not a problem so why do you say we can’t get finance without owning all the land?

[book5] 08/6/2021 13:47

888
i am for the truth that is all

[book5] 08/6/2021 13:46

To me the only way forward to square the circle (cant get finance without owning all land) is by a toll mining agreement.
Only place we can mine is la Mestiza.
the cooperative land is a pain, we can prevent them access to it, and it is too close to la India. so for these reasons alone we probably cant put dynamite in la India or America.
rumours are 3 drilling rigs are on la mestiza , this will accelerate the drilling, and with it open the door to solve our main problems
- get finance by an early toll mining agreement
- find a piece of land for the miners
all good and exciting, yet the screen is closed.

[888icb] 08/6/2021 13:44

Absolutely people are entitled to their opinion but one can question the reason for raising certain points at certain times. We have discussed before when certain posters views chop and change to suit their current trading.
So why not discuss something positive such as First Majestic making an offer for the company or to take a large stake and build the mine as soon as we receive permission to construct the mine in a few days time. Such an event would take CNR well above £1 very quickly.

[book5] 08/6/2021 13:27

IMHO CNR is not updating all good news, why? it may be we dont want to look too valuable bcs we are in a vulnerable position? Hopefully this will change when we get the construction permit.
Rumours are the Number of drill rings has increased, however this has Not been reported.
Potential good results of drilling at the west end of la India, there were contradictory news though....so i dont know for certain, but i am inclined to believe that the rumours were true.
3 nice containers arrived to site weeks back, nothing about them have been reported
There is not reporting that the government is not supporting cpo this side of elections, yet it is obvious given the delays....

in Nicaragua all bad things are possible.

would we get many drilling results after the 18th of June? around then is when we may get the construction permit?

gla, there is plenty of gold in the hills

new government could not be as favourable to us, we dont really know, it is a risk i cant quantify

[psolomons] 08/6/2021 12:58

People are entitled to their own opinion. It’s just a discussion point reflecting the possibility that the regime could change in Nicaragua. Unlikely but this thread is not a dictatorship and anything can be discussed, in my view.

[888icb] 08/6/2021 11:54

Mark has said on more than one occasion that the Government are very supportive of Condor and have encouraged them to get moving with the mine. It is apparently the Governments suggestion to give notice to commence construction of the mine and we expect to have that confirmed this month. So why are you raising other scenarios based on nothing but your imagination.

[oldiegoldie] 08/6/2021 11:42

I am certainly not deramping, be careful with such allegations.
It's just a valid point to consider when asking why stuff is moving so slowly.

[888icb] 08/6/2021 11:17

I think you should look at the mines CNR has been talking to about toll mining possibilities which are producing and everything from a political and business standpoint is just fine. There is no basis for this latest deramping topic. If it is a concern to you just sell up and move on.

[corrientes] 08/6/2021 10:08

Very important point, OldieGoldie, when you consider that Nicaragua is a most corrupt country, and such sequestration by stealth is not impossible. This is why I sold half of my holding a little while ago, no matter how good things potentially appear to be for CNR.

Mind you, I've just seen the TSG results, and the crooks and their cronies that run that country have no equal, so that's all right then.

[oldiegoldie] 08/6/2021 09:55

I think you are missing an essential point here. Of course Nicaragua (and many other states) need to export gold and love their mines.
The question is always who operates the mine. You could also let an AIM company do the exploration, and once everything is proven take it away or let them artificially go bust, to operate the mine by a different company. This is the main point when people talk abour "jurisdiction"

[888icb] 08/6/2021 09:21

Any Government in Nicaragua will not be unfriendly to mining companies as they want to attract them. We are told the present Government is very pro Condor which will become Nicaragua’s largest gold mine and a major source of income.

[connect5] 08/6/2021 08:52

I hope you meant attract 888ICB.

[888icb] 08/6/2021 08:42

Nicaragua is a long way from Peru so unlikely to have much impact if any.
Gold is very important to Nicaragua so no Government will want to attack miners.

[diggybee] 08/6/2021 08:29

Should we be worried about Peru elections. Currently seems neck and neck between Fujimori's daughter and a Marxist. The Marxist wants to extract more taxes from miners and oil drillers. Mining firms slammed yesterday. Does Nicaragua get spill over in these sorts of ideas politically? I have no clue.

[diggybee] 07/6/2021 12:36

A bit like watching England going for victory over New Zealand at Lords. Except the last day in this case lasts a decade and is not quite as thrilling.

[book5] 06/6/2021 13:48

Oldie
This is mainly about finding new resources for the land swap with the cooperative , and practically NOTHING about cash.
Imho The elections battle has played a significant role in the goverment lack of support towards a cpo , and as we cant complain about it, perhaps we have found someone else to blame?

Imho We need to find more resources by early october to swap the land before the elections.
We also need a toll agreetment, hopefuly we get it too.
There are rumours we have probably been strengthening and redeploying our drilling capacity towards La Mestiza.
Also there are rumours we are drilling El Cerro de la Cruz , towards the east side of la India's ravine..