Member Info for AndrewFfoulkes

Mark is in Nicaragua! Hopefully conducting viewings.

The best thing that could happen to Condor is for us to replace Mark Child with a more competent CEO who is actually an experienced mine builder, if that in reality is what is intended (I'm still dbious about Mark's actual intent). I'd have no problem Mark remaining as Chair and even taking on the CFO position but as to directing strategy, he is really clueless. Plus, don't get me on the subject of delivering on promises, he's as bad as all the other mediocre Chief Execs at second rate junior 'mining' companies.

When it comes to IR/PR Mark is a clueless f@@@ing idiot, no doubt about it.

or maybe ....

https://www.weare121.com/121mininginvestment-new-york/condor-gold/

What are your key goals for the next 3, 6 and 12 months?
3 Years: Feasibility Study Due
6 Years: Project Finance Secured
12 Years: Construction Commenced
18 Years: Mark dies.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these? - Finance

The most amusing thing about this article is that B2G founded in 2007, look were they are, we've been at Nic, never mind El Sal, almost as long :-)

"We expect the [remuneration] committee to show restraint in its granting practices when a company has seen a steep decline in share price," the firm said.

"Further, we note that it is common practice for committees to reduce grant levels for share based incentive awards in such circumstances."

..... I wonder if Mark and co will show similar restraint in the near term :-)

I have to say as an investor hoping to make a decent return (if only), every time Mark mentions planting trees or providing the community with free benefits and other ESG stuff, it does rather get on my t*ts. Perhaps I'd be better invested in CAFOD. :-)

I wonder what price the short term financing will be at, 30p ish? Another opportunity to trade a few thousand. I've kind of learned that whilst we are being rinsed and repeated, I've joined that club.

Oh come on, you are being a little unfair, you mean all two or three posts suggesting that Mark may in fact not be a perfect CEO. for Condor I've been a long term supporter throughout his tenure but I have come to the conclusion that I will get my money back here (maybe even make a little) not because of Mark but in spite of him, ie more connected with the macro rather than the micro picture.

It is not realistic to argue that over the last 15/16yrs that he has continually managed our investment well. Yes we are still here and credit is due for that but he has made some glaring errors along the way. It should never be forgotten that Mark is well remunerated to act in shareholder interests. I remain invested because I am stubborn enough not to want to take a loss and still believe I'll get all of my money back as a minimum but as I said above, in spite of Mark.

All the above said, I'm looking for to a decent BFS and a successful funding.

nero120, you didn't notice the smiley face then :-)

or in Mark's case, once in 3 decades, noughties, tens and twenties :-)

Carlsberg ?

nero, yes I am still invested and still underwater. Despite Mark, I still believe I will get my money back, certainly not because of him though. Even he probably can't fail in the impending bull market. I reserve the right to be critical of a CEO I have little faith in these days. I absolutely refuse to be perma bullish simply because I've been here well over a decade.

To be honest I only posted the StrikeX thread out of mischief. Reality is I'm finding the incessant wait for action from our Sloth investment tedious so I must be getting a bit silly season.

I'm pretty pi@@ed at Mark really for yet another debacle of a date promise that he has failed to keep. Better to not open his mouth than to make promises and fail to deliver. At the very best I consider him now to be disingenuous albeit I'm moving to the dishonest thought process. I've talked with him many times over the dozen or more years I've been here and the longer I do so the more I think are the delays just a loooong salaried gravy train to an eventual payday. The one that sticks in my mind the most he he most likely knew the village could not be readily relocated and yet he proceeded to the 11th hour. That makes him naive, stupid or devious!

I know a few of us own this cutting edge crypto, so just for devilment I'm sharing this news link:
https://news.sky.com/story/rishi-sunak-to-launch-an-nft-issued-by-the-royal-mint-to-help-make-uk-global-cryptoasset-hub-12582312

H1 is simply a reference to the half life of radioactive carbon in the world of Mark. As ever he always fails to deliver on time.

Opulentia, Mark has promised the BFS this month

tester123, I personally think Mark has missed an opportunity with toll mining, it ought to have been done for a 1-2yr deal at almost any price (don't take me literally on that though), I think he can't see the wood for the trees or there is another reason why he can't toll perhaps a land and/or community backlash reason?

It does seem that the market is not expecting much from the BFS or even expecting one at all this month based on anticipatory share price movements. As you say Mark really appreciates how to create a buzz :-)

I kind of agree that the frustration is now getting to everyone.

I don't think it's de-ramping, it's just people annoyed by lack of obvious progress. There is no doubt whatsoever in my mind now that Mark has been disingenuous if not dishonest on many occasions about crucial things like the land. I actually think one of the main reasons for the share being were it is now is him and a general lack of confidence in his management and strategy.

He would probably feel I'm being unfair on him, but the proof of the pudding is only ever in the eating. Let's see what the long promised BFS brings.