Member Info for cambells

i think nicaraguan law states we can only hold 99 percent of land so only 4 per cent to go may be we could work around the artisnal miners

it was written by joanne from daily mail just before bear market think it was just after regent bought in

Miner Condor Gold is working on what it hopes will be Nicaragua's biggest gold mine within three years.

It owns a 110 square mile site in the country and a recent independent survey suggested there are at least 2.4 million ounces of gold there, capable of yielding 150,000 ounces a year.

This is expected to be revised to around three million ounces in total, which would imply annual production of nearer 200,000 ounces, worth around £200 million.
The group already has 80 staff drilling and assessing the cheapest and most effective way to move to full production.

Condor is expected to start production in 2016 and sales of about £100 million are anticipated that year, rising substantially afterwards.
While not for the cautious investor, the stock could prove highly rewarding for the adventurous

look inside the Americas gold PFS project cupboard

Condor Gold faces a different challenge at its La India gold project in Nicaragua. The project is permitted but it has to acquire all the necessary surface rights before it can commence construction, which as of December 2020, some 7% were still outstanding.

La India would produce 79,300oz/y for eight years following a $110 million capex.

Condor's approach has been to continue ticking-off the list of pre-development activities but it clearly wants to sell it rather than develop it. While the number of companies potentially interested in setting-up shop in Nicaragua is limited there are recent precedents: Calibre Mining obtained its Libertad and Limon mines in Nicaragua through acquisition in 2019, and Mako Mining merged with Golden Reign Resources in 2018 to obtain San Albino which it is building and on the verge of commencing production.

Both are currently focused on implementing their respective business plans and exploring the concessions they have, and so are not immediate contenders. Will Condor have to undertake the final derisking activity and build La India in order to find a buyer?

come and go ,,,, now its ross turn...

Andrew Cheatle – Welcomed to Board of Directors of Tanzanian Gold Corporation

not looking good either

https://www.bing.com/search?q=andrew+cheatle&cvid=572fab8dbe0043d983931b3c39430dc5&pglt=43&FORM=ANNTA1&PC=LCTS#

sam we wont be starting mestiza till we finished drilling at la india could be at least 6month wait formestiza drill results un less he hire some drills to go there now..

his gone and got a job in Tanzania

when a large investor sells mms usually have a price to work with..this is not a distressed seller ..price should hold till his out i would think the price is above 42p warrant price or jim would of bought them jmo

more land battles metisza ,america?????

yet another main shareholder throwing the towel in...expect the mms to let him out at 40p ..they value his buisness...

just a thought sat in a bar in nicaragua .the drinks are flowing calibre and b2gold and mako discussing condor...b2 saying to calibre they not to be trusted condor .we had to take them to court .we sold them la india knowing the land issues they would have later on....we just strung them along.....then mako says they were good to us.. they sold us san albino ... think we can trust them ...one day we might be able to do a friendly takeover...

isa am interested to see how they get there finance...looks like they going at speed to get where they need to be ....they have sold there mexican buisness to concentrate on this project..maybe they see condor as vulnerable and may become a predator

In order to accelerate the implementation of this exploration program prior to reaching commercial production, the Company is evaluating a working capital proposal from a third-party lender that does not include any equity, warrants or commodity linked derivatives.

FEBRUARY 01, 2021
Mako Mining Commences Processing of Stockpiled Material at San Albino, Announces a 50,000 Meter Drilling Program, Appoints a New Chief Financial Officer and Signs a Definitive Agreement to Sell its Mexican Operations

land issue is a major problem...remember when we were going to resettle the villages...hopefully it will be resolved a lot quicker

next set of drill results will be interesting ..will they deliver what is we already know .. hopefully..as for the drilling to move inferred to indicated should be good hopefully..as for buying shares i would wait till land is bought...