Member Info for austrochris

Condor gold is a prime take over target . Calibre needs more reources and will have about 300 Million Dollar cash at the end of 2022 ! 200 Million US Dollar will be the mininmum for a take over !

Condor is sitting on a huge goldresource . The Economics are strong , the capex is low ! The locals want the mine to get built !
Very good connections from management to the locals ! I think condor is sitting on a 5 Million gold ounce deposit , maybe even more ! Calibre gold is sure to have condor in the corner of its eye. With almost 500 Million US Dollar NPV at 1800 Dollar goldprice , condor is undervalued .

Good to see you here too ISA-Investor

It is time to say it here too on board ( like at CEO.CA ) , that this goldstory is undervalued , massiv undervalued !

Over 40 Million shares ! Crazy !

I think cora can easy double the resources or even more . The IRR of the mine will climb huge .
Further all in all costs will be reduced in th PFS. Cora is a buy !!

56m @ 3.54 g/t Au from 22m in more shallow oxides is another fantastic drill hole in this campaign.
including 21m @ 8.17 g/t Au in hole SC0360.
Drilling has confirmed 550m of mineralised extensions to existing resources and Selin remains open in all directions

The oxide resource is the key for the PFS ! The resource is getting bigger and bigger ! Well done !

Cora gold also has multibagger potential ! 45 000 ounces of gold / year / means 36 Million free cash flow / year ( conservative cash costs ) - conservative 5 x cash flow means 180 Million Dollar marketcap . with more exploration success even more . If gold goes up to 3000 Dollar until 2023 ( which is very realistic ) simpy do the maths !

Thanks for this advice! I'm sure everyone has his own opinion and advice from another board is unnecessary!

The intercepts reported to date equate to the first 2,290 metres of the 35,000m programme. Much more to come AG1989.
Over 32000 m to come !

A capex of just 21 Million US Dollar for 45000 ounces / year is just worldclass ! Cheers !

With the new resource update and the probably higher recovery the IRR will make another boost !

You are right ! Very low capex - financing of mine is closed ! Very high IRR at 1800 Dollar with the old resource . IRR about 170 %

acquired from hummingbird - 100 owned !

our best hole of the campaign to date in more shallow oxides.

New drill results at Selin

? 19m @ 4.0 g/t Au from 13m

o including 7m @ 8.86 g/t Au in hole SC0333

? 17m @ 2.82 g/t Au from 47m

o including 1m @ 27.77 g/t Au in hole SC0342

? 11m @ 2.29 g/t Au from 44m in hole SC0339

? 11m @ 2.02 g/t Au from 13m in hole SC0347

? 15m @ 1.96 g/t Au from 31m in hole SC0340

? 13m @ 1.49 g/t Au from 18m in hole SC0316

? 18m @ 1.46 g/t Au from 68m in hole SC0341

? Results are in areas of Selin with limited historical drilling

I think after the next resource update investors will wake up . Extremly low capex for a mine , and very high IRR ! The current PEA does not reflect this . Cora is a buy ! Although the current IRR of the PEA is even fantastic !

https://www.youtube.com/watch?v=_bfMfXKnf8M

That will give a boost to the economics !