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CNR Share Chat - RSS Feed

Condor Gld Share Chat (CNR)



Share Price: 70.50Bid: 69.00Ask: 72.00Change: 0.00 (0.00%)No Movement on Condor Gld
Spread: 3.00Spread as %: 4.35%Open: 70.50High: 0.00Low: 0.00Yesterday’s Close: 70.50


Share Discussion for Condor Gld (CNR)


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elgordo83
Posts: 610
Off Topic
Opinion:No Opinion
Price:78.50
View Thread (2)
RE: minesite
27 Nov '14
Great article

“What we’re trying to do is show the upside for the future and for potential buyers”

“We’d look at a joint venture”, says Mark. “And we could look at doing a sale. Our job as directors is to maximise shareholder value.
 
TheAbbey
Posts: 692
Research
Opinion:Strong Buy
Price:78.50
Hmm...an axe to grind?
27 Nov '14
TheAbbey
Posts: 692
Observation
Opinion:Strong Buy
Price:78.50
Swiss
27 Nov '14
"My sense is that the Swiss people may give the politicians another bloody nose this Sunday. This would shock markets as market participants are not expecting this. It would force the Swiss central bank to triple reserves to over 1,500 metric tonnes, leading to the price of gold soaring."

https://www.goldcore.com/goldcore_blog/Swiss_Yes_Vote_Possible_First_Gold_Rush_of_21st_Century?utm_content=10032583&utm_medium=social&utm_source=twitter
TheAbbey
Posts: 692
Answer
Opinion:Strong Buy
Price:79.00
Valuation
26 Nov '14
Let me put it this way, the valuation of the business is better if the future income is based on an increasing $/oz.

Future income rises quicker than future expenditure - that's the key!

These future net flows are discounted to create an NPV for valuation purposes...bar the poker game across the negotiating table!

I WANT GOLD TO BE BOTTOMING OUT - AN ACQUIROR WILL TAKE COMFORT IN THE FUTURE MARGIN/PROFIT!
Strider4
Posts: 80
Off Topic
Opinion:Buy
Price:79.00
View Thread (2)
RE: Re: POG spike
26 Nov '14
It may actually be in our interest that the gold price stays depressed. That article posted by Jibbo mentions that projects with high grade are flavour of choice for takeover with a low gold price and that those with higher all in sustaining costs will only come into their own as the price of gold starts to rise.
johngilchrist
Posts: 5,410
Off Topic
Opinion:No Opinion
Price:79.00
View Thread (2)
Re: POG spike
26 Nov '14
Ok, admit it. Who else got excited?

Main real events coming though.
1. Swiss vote
2. Will France respond to the possible presidential incumbents demand. French central bank must have a real dilemma now. Le Pen can't lose this round of words. Hollande will be made to look a fool and frankly the only thing he seems good at is the bedroom
3. December is a massive month for gold and silver deliveries. Massive open interest and China, Russia of India could easily decide to cause a default. Question is....will they? Just imagine the discussions taking place at the most senior level. Russia must be the hot candidate for this move. Question is what level US Treasury bonds that they all hold. Those could take years to unwind through swaps. But if gold goes to $5k an Oz will they care?

But will we ever see it happen, or will China and Russia just continue to buy commercial property in the US?
johngilchrist
Posts: 5,410
Off Topic
Opinion:No Opinion
Price:78.50
Re: POG spike
26 Nov '14
Zero hedge think it was a programmer stress test gone wrong.

Remember kitco doesn't report the spot price, as that's done through the london fix. Kitco have a formula based I think on paper
cookiecrew
Posts: 7,506
Off Topic
Opinion:No Opinion
Price:78.50
View Thread (2)
RE: POG spike
26 Nov '14
Swiss vote on gold maybe???
johngilchrist
Posts: 5,410
Off Topic
Opinion:No Opinion
Price:78.50
View Thread (2)
POG spike
26 Nov '14
$1430 per Oz .... Interesting little spike :)





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