Condor Gold Share Price (CNR)

Any price sensitive info should be released pronto so the update could well be another progress is taking longer two parties yada yada. However we should be encouraged that mc apparently has moved to a tax haven ! Does anybody have a clue what his current sale incentive looks like?

As far as we know we have an asset sale, if it were to convert to a takeover I assume the takeover commission need to be involved which in turn I would imagine should be rns as with any loi etc.

https://m.youtube.com/watch?v=UXKak8AzBpg&pp=ygUhTWVtYmVycyBvZmZzaG9yZSBiYW5raW5nIGJ1c2luZXNz

Enjoying the endless speculation which is inevitable at this stage. Think if we try to keep it civil though, I realise people are getting edgy but hurling insults will not help

Yep, also fair point. Risk or no risk, it's a money-maker for sure. Gold companies have to operate where the gold is, and frequently that's in questionable parts of the world. Tolerating some risk could make you rich! lol (fingers crossed!)

Calibre does have US production and is developing their Canadian mine. But remember it is the Nicaraguan cash cow that has paid for the North American assets. Calibre taking on CNR would make it an even bigger cash cow very quickly. They will get their money back very quickly making it very low risk. There are many much more risky parts of the world than Nicaragua and with gold its number 1source of income I don’t think they will want to risk that by upsetting the mining companies currently operating there.

Interesting thought. It has occurred to me previously that someone - possibly Rio Tinto in the past, as they used to have some farm-in arrangement with Calibre, but now more likely Chinese - could corner the entire Nic gold exploration and exploitation market and wrap it up into one nice neat parcel. It's possible that is what Calibre is seeking to do, and then sell off that parcel to the Chinese, leaving Calibre to concentrate on more 'established' jurisdictions. Make sense to me anyway.