Condor Gold Share Discussion Threads

[888icb] 22/8/2021 23:16

The fact that a CFO who has spent the last 2 years well remunerated at Calibre has moved to Condor where his remuneration will be mostly in share options is a massive vote of confidence in Condor. Excellent news which hopefully the market will take notice of in the morning. He will be in place when the new report and valuation is issued next month which should be a trigger for a serious rerate and/or a bid.

[sir andrew ffoulkes] 22/8/2021 19:20

Taken from CNR website, copied from LSE, in an RNS tomorrow apparently. All markets closed so not an issue, but it is a schoolboy error.

23 August 2021
Condor Gold plc
7/8 Innovation Place Douglas Drive Godalming Surrey GU7 1JX Tel: [phone]
Condor Gold Plc
Announces the Appointment of John Seaberg as Chief Financial Officer
Condor Gold Plc (“Condor Gold”, “Condor” or the “Company”;) (AIM: CNR; TSX:COG) is pleased to announce the appointment of Mr. John Seaberg as Chief Financial Officer with effect from 1st September 2021. Mr. Seaberg is a seasoned executive with over 25 years’ experience in the mining industry.
Mark Child, Chairman and CEO comments:
“I am delighted that Mr. Seaberg has joined Condor as Chief Financial Officer. Mr. Seaberg has extensive experience as a CFO while also being actively involved in corporate development and investors relations. Until recently, he was Senior Vice President and CFO of Calibre Mining, which has two producing mines in Nicaragua.
“Furthermore, Mr. Seaberg strengthens our leadership team as Condor continues its twin strategy of constructing and operating a new processing plant, using the recently acquire new SAG Mill package, which has a capacity of 2,300tpd and is estimated to produce circa 100,000 oz gold per annum at its fully permitted, 100% own La India Project in Nicaragua, while demonstrating a 5M oz Gold District.
On behalf of the Board, I would like to thank Jeffrey Karoly who has served admirably as Condor’s part time CFO for 4 years while simultaneously serving as CFO of Rupert Resources, listed on the TSX-V (TSX-V: RUP)”.
CONDOR GOLD PLC. Registered in England and Wales No 5587987 Registered Office: 7/8 Innovation Place, Douglas Drive, Godalming, Surrey, GU7 1JX

Background John Seaberg has held a number of executive roles within the mining industry throughout his career. From July 2019 to June 2021, he was the Senior Vice President and CFO of Calibre Mining. Prior to Calibre, he was the Executive Chairman of Paramount Gold Nevada Corp. Mr. Seaberg was previously Senior Vice President of Strategic Relations at Klondex Mines Ltd. In this role Mr. Seaberg was responsible for global investor relations and corporate development initiatives as an acting member of the senior executive team. Prior to Klondex, Mr. Seaberg was employed for more than 12 years by Newmont Mining Corporation where he last held the position of Vice President, Investor Relations. Mr. Seaberg has a Bachelor of Science Business Administration (BSBA) degree from Colorado State University and a Masters of Business Administration (MBA) from the University of Denver.
As part of Mr. Seaberg’s remuneration package, he will be granted 750,000 options to subscribe for new ordinary shares in Condor Gold at a 10% premium to the 10 day VWAP or 45 pence, whichever is the higher, on the commencement date of 1st September 2021. The Options will have a 5 year life and are subject to certain restrictions.
- Ends -
For further information please visit www.condorgold.com or contact:
Condor Gold plc
Beaumont Cornish Limited
SP Angel Corporate Finance

[aleoap] 22/8/2021 19:20

We were after a COO and a mining engineer, wasn't aware we were after a CFO. Certainly looks strategic to me, I see he has already been replaced (interim) on Calibre website.

[book5] 22/8/2021 19:08

This news may be why we were doing ok last week

[book5] 22/8/2021 19:08

This news may be why we were doing ok last week

[book5] 22/8/2021 19:08

This news may be why we were doing ok last week

[connect5] 22/8/2021 17:50

I will be staggered if there's a toll deal TBH.

[book5] 22/8/2021 17:13

Check out lse bb
Tomorrow rns in regards a new key appointment (financial officer).
Imho it sounds like a handshake btw calibre and cnr, with a toll deal in the near future, and very possibly a sell to calibre in the long term.
I hope we are not sold.
This should open options

[oldiegoldie] 22/8/2021 08:46

Tragic loss for his family and RIP. How lucky we are in UK and Europe to have (despite all criticism) a working healthcare system.

As I am currently not invested (so I have no business interest, but just curiosity) I think I might ask whether this was the man for whom MC used explicit language in one of the last weninars?

[book5] 22/8/2021 08:30

About covid

[book5] 21/8/2021 18:06

No problem
That is the hope that more people get vaccines soon.

[book5] 21/8/2021 18:06

No problem
That is the hope that more people get vaccines soon.

[connect5] 21/8/2021 11:43

Apologies, Miguel!

[connect5] 21/8/2021 11:43

Apologies, Miguel!

[connect5] 21/8/2021 11:42

Very sad to hear about Medardo and all the other victims. It unfortunately brings back into focus the horrendous impact of this Covid-19 epidemic that is still destroying lives and families around the world. We are truly blessed to be living in the UK! I hope the people there are able to receive their vaccines soon!

[book5] 20/8/2021 20:59

Good evening all,

Miguel has not made it, another victim of covid-delta variant, he was treated in a hospital in Leon. His brother will carry on working with the mills.
During this week, there has been at least another victim in a close village, people suspect it was covid. They buried her before the results of the analysis arrived.
I know that Spain has been sending vaccines to Nicaragua.

One of the drilling rigs at the India is being dis-assembled; with the other one they will finish the last two drills of the geotechnical drilling necessary to determine the slope of the pits.

Over there, a large majority of the people need to carry on working despite the pandemic.

Many locals are happy with our current Nicaraguan boss and hope we will not change him, this is good!

I have received a photo of the excavations, but it is not very good. Some excavations can be seen at the end of the new road from the distance.

regards
B.

[book5] 20/8/2021 20:55

imho:
A construction permit allows only to build, it does not allow to mine.
A permit to mine would allow both, to build, and to mine.
Latest cnr's reports may clarify the above

[888icb] 20/8/2021 15:22

I thought it was Condor’s position that they had the mining permit because the Government hadn’t objected to something they submitted within a particular timeline. They had been told to do this by Government officials. Am I remembering that correctly?

[book5] 20/8/2021 13:22

For what I heard
$6000 x around 200 associates makes $1.2million, but they could accept far less depending on the negotiations . Land for land, and cash is what they asked for.
This is around 25% of all has been paid so far for a relatively small piece of land ( though very significant as it is currently used for miners and apparently it is a long and narrow strip of land) that is at the heart of the veins. We have all the drilling done, so hopefully negotiations could start soon bcs we know how much gold is in the first 35m. There were rumors negotiations will start after we have the drilling results, so far I have heard nothing more.
Imho due safety considerations We cant toll mine from la india till we own all land, ie till we receive the mining permit.
However , If we want, we could toll mine from la mestiza when we finish a significant % of the drilling, i.e. anytime now...but perhaps, most probably, it will be closer to Christmas?? There are not miners on la Mestiza, but there may be some miners close to la Mestiza.
I hope to see a rocket under the share price in the non distance future
Sp is doing ok
Gla

[book5] 20/8/2021 11:46

I have just reeived Condor magazine (La Voz de La India) with details of our social projects at the surrounding communities. It is in pdf format, and anybody can subscribe to it. It is in Spanish.
Very good.
I have sent it to some locals.

[diggybee] 20/8/2021 07:33

Nor me but it seems strange that palentir and peter thiel would be getting into old school gold. Surely their future lies in arbitraging NFT's of adorable cats or maybe paint splodges in the metaverse.

[corrientes] 20/8/2021 07:25

IMO - seems to me that those who used to dabble in precious metal specs, are seeing that Bitcoin offers far far better rewards at the moment. That plus the Fed continuing to fool the financial markets everywhere, and with gold so far showing lower lows and lower highs, hardly inspire confidence. I'm just not clever or fearless enough to get into Bitcoin.

[diggybee] 20/8/2021 02:06

httpS://invezz.com/news/2021/08/18/heres-why-palantir-bought-50m-worth-of-gold/