Member Info for BenBen88

@Condor forever Let's be fair MC holdings of 4.5M shares didn't happen overnight , in fact this year MC exercise only 63,000k shares for 0.24p negligible amount by all accounts , and guess what it was done on April 5 at that smae day SP was at 27.5 The decision to crash the SP was probably taken in mid-May since then we see a price plunge without any significant action on the part of management to stop it. So the amount of shares Mc has in hand is irrelevant These are stocks he has accumulated over the years, What matters is what happens from mid-May that SP decreased from 35P to current SP of 14p

@****goestheeasal unfortunately the explanation you offer is the only one that makes sense i think 8 months ago jm understood that he was he was scammed by mc, the assets aren't that attractive so his investment seems to have gone down the drain, at taht point a decision was made to destroy the sp let's be honest a company that really wants to sell its assets at the highest price invests a lot in pr in order to keep the sp high, none of that happened even the biggest fanatical fans of mc here will have a hard time explaining his conduct, lack of communication, when he's finally being interviewed, it's done on in an amateurish and sloppy way on iphone camera and of course he speaks for an hour and doesn't say anything, when something is published on x it's usually some kind of environmental b****t or health care for the local poor community , bottom line the master plan is first to get the sp to 10p then a takeover offer for 20p we would all be grateful to the savior for the generous offer , and puffs a months later the assets will be sell for 30-40p, of course, in order to succeed in such a plan you need a puppy ceo well.. in the case of a condor this is not a problem...

the only way to stop this is for shareholders to say enough is enough and make a decision to send mc to his original job as a failed trader, there he can't damage that much.

Gold prices are irrelevant to the value of a condor even if the gold will reach 3000k The market has rightly lost faith in the current management certainly in the performance of MC, no one really believes that MC can get one oZ out of the ground .

What else needs to happen for someone take up the gauntlet and call for Immediate dismissal of the MC? hope I'm wrong but I have a feeling Friday was just an introduction... 10p here we come

I believe Calibrale's chances of making a binding bid have greatly increased: they will need a lot of cash flow coming from Nicaragua to finance the project in Canada they already have a processing plant so the only initial investment is developing La India it self I wouldn't be surprised if we hear news in the next few days, however the price will be lower than what most here think, less than 20p if they paid 200M£ to marathon I don't see how they pay more than 40M£ for Condor

Nero You confusing some concepts, permits and concessions are 2 different things.

Permit issued for the development of the mine/plant Etc and can be good for 10 years however concession are the rights to mine the gold if that expired condor stay with ownership of nothing more than nice overpriced piece of land

Sakura, all valuations ignore one critical point, we are 36 months from expiration date of "la india concession" unless something dramatic happens, it's hard to believe the Nicaraguan govt will renew it, Calibre or the Chinese already waiting in the corner, So Mark can bs us as much as he wants about "right price" and 400M NPV, button line 36 Months from now we will stay with a nice farm, well... we can start growing beans there, condor Gold/condor beans, potato potato same thing

Simms45 I agree with you but have reservations about the land, To the best of my understanding, the land was bought from its owners, the government has no connection or influence to the process, It would be great to see officeal extension of la India concession beyond Nov' 26, unfortunately on the day it expires, licenses won't matter any more and Condor will left only with the value of the land. The hourglass is running out and we will have to see movements in the next few days,

in the past week the Chinese announced 4 b$ Investments in Nicaragua

Condor project is a pennies and ready to go, let's hope the solution will come from there.

Gla

I have a theory that might explain the delaying of getting binding offer, in fact "la India concession" which represents most of Condor's reserves will expired in the end of 2026, No company will invest hundreds of millions of $$$ without guaranting the government will renew it for 30 more yrs

Perhaps this also explains why Calibre doesn't rush to sign a deal, even though it makes perfectly sense for them, more likely for them to get the concession for free straight for the government and just negotiate with condor for the value of the land.

On the other hand, I don't see the government renewing the concession rights to Condor without confident that the project is underway. In the current situation, this is an impossible situation

Great news coming from Nicaragua, China just announced a series investments in tn the country among them the construction of new int'l airport, Coastal roads, Railway , Power plants, billions in total,Perhaps this will give a boost to the Chinese offer, Let's hope the loser MC won't screw it up as always

Personal attacks ? Come on anyone here who says a word that does not praise the Supreme Leader MC is immediately attacked by the cheerleaders why can't we believe in Condor's potential and still think that the BoD and the CEO are a bunch of corrupt losers that serves the interests of the controlling shareholder unfortunately the the last thing they care about is the SP . Those who really care about the value of the company would not issue irresponsible warrants

(and this is just one example,)

It's important to say it clearly, Condor's problem isn't its assets, the problem is those who run it, and even the biggest fanatics here deep down know it.

I wonder how many guys like ElectricLion JM used in his career that have made him to be the billionaire who he is today.

In other words, they'll keep pee on you and you're going to keep cheering and shouting that it's just a rain, unbelievable.....

It's just amazing how low the SP is trading and we still don't see any accountability /resignation of BoD, assets with potential millions of ozs and we still go with eyes open to self-destruction, no logic here except a desire on the part of someone disguised to crash the SP and then "take over"

There is only one person who want it do the math yourself .

In the meantime, The cheerleading band here will continue to cheer, it's important for morale 😂

Question to cult members here?

At what point would you agree that MC should go?yes we are talking about CEO With glorious achievements. over 16 years raised 90M (and a billionaire) and yet reaching an impressive market cap of 36M( less than half of the amount invested to date) And of course we're so close... just missing to find the lucky one who will pay for this gem "fair assets price"+150M Absolutely magnificent achievements of a legendary CEO

I seriously ask whether there isn't some bottom point where shareholders will say enough is enough?

Nero you wrote "Remember, a number of Nic officials are also shareholders (Including Ortega's son)

I very much hope that this info is "false" , the Ortega family as most of the Nicaraguan officeals are under US sanctions If any of them is shareholder It's a huge liability for Condor (may be a good explanation why the offers we've received so far are so low )

Can you point us to the source where you got this info?

By the way , assuming your info is correct (I'm sure it's not) don't you think it would be much easier and safer for GM to do so while the company is private rather than public subject to much more regulations....

While you guys are busy with nonsense such as how many site visit were completed or how many DNA were signed, Someone is planning a grand move here, The SP will continue to fall of course by coincidence for no apparent reason.

I'm not sure how to tell you the news, but there is only one person in the current situation who want extremely low sp ... It's called TAKE OVER . So yes keep arguing if it was 8 NDA or 10 .. very important...

You're right Condor, my mistake

What extraordinary achievements in one year, 5 NDAs!!!!! Unbelievable!!! and not only that also 3 f****g site visits, can you imagine people actually spent 400£ and bought plane tickets to see this wonder called "Condor" not 1 not 2, F*****g 3 site visits!!!if only we had imagined that this was even possible a year ago... what an achievement of MC and the board 👏👏👏 In all sincerity what a waste that this brilliance brains runs Condor they should go for at least Río tinto... well maybe they won't produce a lot of Ozs but who gives a f***, they have experience with NDAs And if we lucky we might even arrange site visits from time to time .. lol..

#MCnewCEO#RioTinto

All these options and exercise things are just unbelievable, a failed CEO and board members who simply use condor as a cash cow.

And what's amazing is the LTH here who simply excuse any cynical move as some ingenious move of JM/MC

In other words " they will continue to pee on you and you will continue to convince yourself that it's raining"

Electric I hope you're right and I panicked needlessly :)