Member Info for condor_forever

Talks about reducing gold and silver exposure by 80% recently. 40 mins long, not had chance to listen to it all yet.

https://events.masterinvestor.co.uk/the-master-investor-podcast-with-wilfred-frost/

CCC, Mako went up today based on good drill results coming out of their land package in Nicaragua.

Mineros S.A also up 5% today.

Yes, we all know that Burtomj.

Tikitaki, I didn't know we had a project in India 😉

Just a bit of fun. What are your share price predictions for this time next year?

I'm predicting 27p without Dupax and 34p if Dupax is a goer.

Happy New Year all. It's going to be a good one for MTL.

Nice to see the share price steadily rising. Does anyone have a link or could post the most recent Hannam & Partners research note?

The gold price is as relentless as you Lee 😉 (in a good way).

Come on people, no point guessing who is selling/buying/finished selling/when an RNS is coming, we just don't know.

Just enjoy the rise in shareprice. Most if not all gold producers are up today by a similar %.

Https://investingnews.com/mineros-resolves-tax-dispute-with-nicaraguan-tax-authorities/

I'm certain there is a dispute as well with equinox of around $35m. Not silly numbers.

I did a dummy sell around 4pm on HL and was quoted 14.04p.

Still makes no difference. You are getting confused. Quite embarrassing really.

JBCo, what difference does that make? If a company is worth £100m and goes up 10%, then is it worth £110m. What difference does the number of shares in issue make? What a stupid comment.

Antroot, think you are getting confused with their operations in Mexico at Los Filo. Can't remember off the top of my head the AISC at their Brazilian assets, but again goes to show a valuation of a couple of nearby assets producing circa 200-250k Oz for $1bn USD.

Eqx are basically debt free now. Not sure that makes any sense for them to sell more assets. Ross talks about getting to 1m Oz, if they sell their Nic assets they'll be down to 550k per annum.

AuInspired, I haven't a subscription to the times. Are you able to put the comment on here?

Pj70, crunch some numbers and compare us to Mineros S.A. They beat us for EBITDA numbers even when we are circa 140-150k and they are valued at 1.6bn CAD. They have 2 producing mines in Nic and Colombia and another early stage project in Peru. I would say 25-30p once in full production in Nic and nothing valued for Dupax as we don't know anything about it at present until we get an actual resource.

I was 25 when I invested into condor. Looking back I was young and naive. I had done ok ploughing spare money into the blue chips after the recession and then moved all my money into condor. I had just finished uni in 2007 and was living at home so I had some spare cash at the time (not a great deal being on a physiotherapist salary). I then got in too deep in condor, definitely put all my eggs in one basket. Luckily now at 39 that basket is looking a lot healthier. My wife always told me to diversify but I was in too deep and was down until the merger. Think my average was equivalent to 6.3p MTL shares. I've been lucky investing in ARIS and EQX but may look to take profits from them next year and potentially reinvest more here, especially if Dupax comes good.

I am fortunate I could sell and be mortgage free but I'd rather hold on, especially until La India comes online and then I will re-evaluate.

Good luck to everyone. We all have different end goals based on plans/stage in life etc.

He sounds like someone who is related to JM 😉

AuInspired, not sure if you missed the post below or whether you are unwilling to comment/confirm. However, reading back at some of your posts, you mentioned that JM has "moved on" and those "in the know". Do you know that JM has "fully" moved on/sold all his holdings?