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Once again it was a comparison.
But anyway the original the thread was to suggest a SP 1 month after permits. In your own words you state that AMC fell away after a month. I could go back and say exactly how long but I can't be bothered.
If the thread had said what would the price be after 2 months once it dropped and settled then fair play.
A bit like CNR
I will finish this message in a new thread.
Sorry were we meant to guess the price after a month?
Ok last time on this one . Slippy ,you cannot possibly defend a price prediction of 393 p a month after permits in 2018 by using a 7 month period for amc and an intra day high when the peak sp is 38 p . You fail to mention that when amc spiked it fell off a cliff little more than a month after permits . doing well today around 2 p now though .
It is a completely flawed method and the fact that cnr was in the 30 s not 393s a month after permits is the the proof . You used the wrong part of your research .If you had looked at the period beyond a month you would have been nearer to predicting the cnr share price . It was a ridiculous prediction slippy end of .
Overly optimistic sp predictions is the reason many end up spiked and locked in for years in shares including this one .
Anyhow looking good today and glad to have added a few yesterday .
EL more than happy to once Seingred accepts it was a comparison based on actual events otherwise I will repost it everytime.
So i guess it won't end as I suppose he's not man enough he was wrong
I don't really want to get involved, but this has been done to death. Can I humbly suggest you both just drop it? Time to move on.
This was my original post
I was in another exploration company waiting for permits. The lead up to it price increased x 2.5 then x 4.5 during the month after so I'll chip in with 3.93 per share a month after permits
10th Nov 2014 AMC share price closed at 4.345p
11th Nov 2014 RNS released stating MED had submitted the licence application for final review having met it’s requirements
21st May 2015 Share Price closed at 10p
22nd May 2015 Licence awarded
15th June 2015 Share price hit 44.75p intraday closing at 42.75p
When I posted the comparison originally I didn’t go back through all the info. like I now have, it was from memory and I thought the starting price was nearer to 4p.
So.... 4p x 2.5 = 10p award of licence then 10p x 4.5 = 45p
Obviously using 4.345p it comes out at 48.88p I accept slightly inflated
Apologies to all bar Seingred for reposting but I guess eventually he might understand the truth rather than being the same blinkered broken record.
The last time I posted this he disappeared for over a week, fingers crossed.
slperry , a prediction of £3-3.50 for a buyout when in production sounds like a mealy mouthed admission that your prediction of 3.93 two years ago on receipt of permits was rather ridiculous . ; ) .
Slippy , somewhat more realistic than your previous prediction . When production happens anything is possible depending on number of shares and gold price but that is 2 years away min .of course a bid could come before then .
Isa I am looking forward to the next cey divi .
@ elgordo83 I'm definitely going for the tattoo of the alligator on the side of my face!
@ £3.50...
https://www.pinterest.co.uk/ThePartyTeacher/alligator-party-ideas/
8up 1down for me
T123 not worried about CNR been here long enough to know the potential. It's just a waiting game unfortunately but the rewards will be worth it.
Hey Seigred this is a prediction £3 to £3.50 if we get bought out once production starts.
Well done you two, I wish I had my balls and invested in more gold producers.
I have CEY and obviously CNR!!
Slippery - we share your pain, believe me! Quote from the SPAngel resource note in May that struck me at the time
"We observe that, Condor Gold, appears less highly rated than other gold developers in Latin America for no apparent reason. Existing producers such as Minera Alamo, Serabi Gold and Jaguar Mining are rated higher than Condor Gold and demonstrate the potential re-rating available as La India is brought to production."
https://www.resource-capital.ch/fileadmin/news/Condor_Gold_Plc/2020_EN/May_2020_SPAngel_Research_Condor_Initiation_May_2020.pdf
regards
T123
Hmmmm let me guess 'Slippery1' who could it possibly be now? Oh go on then I give up who is it? Just trying to add a little levity under the circumstances. ;-) ATB & GLA as always!
All of my goldies are up today....... except one.
Can you guess which one isn't?