Condor Gold Share Price (CNR)

My greatest problem is being tempted to sell out of total boredom and a desire to use funds elsewhere!

Yes. Great to see close above 30p. Closer we get to likely news the higher we will go. It cant go for less than 45p and 60p could be upper limit so maybe 50-100% upside on news. Could be more. Just need to wait to find out who is the buyer.

Simms, it is an assumption that calibre had interest. Personally I have never thought it and I hold there. Happy to admit being wrong on that one if it transpires.

Ortega is moving further away from west and democratic ideals all the time. China is the obvious desired end result and gvnt will have final say imv.

Good to see 30 p breached and hope to see it hold. Perhaps news is close ? I am getting ready to maybe let some more go soon if we move up circa 35 p. There is always the possibility of a suspension on news I imagine .

"What is happening in China?

Gold trading volume in China is now 400% LARGER than the average seen in 2023.

The trading activity in gold on the Shanghai Futures Exchange spiked to 1.3 MILLION lots on the peak day of trading last week.

This came at the same time that gold prices broke above a record $2,400/oz.

Last year alone, China's central bank acquired more than 225 tonnes gold.

Since October, gold is nearly 30% posting one of its best 6-month performances in history."

Quote from.Kobeishi on the X.

I doubt that the gold price rally has anything with US debt . In that case USD should depriciate against other currencies with low debt. Other commodities perhaps with the excepttion of aolver and copper havent move that much. So, I guess the whole process is due to Ukrain war, thus the freeze and then seizure of hundreds of billions of russian assets. Other powers prefer not to be in a similar situation with their reserves.