Member Info for condor_forever

No gun jumped. The talk was on the 13th May. Mark said he submitted it the week prior to the talk. If if take the Friday of that week and do 30 working days, that leads to today. It doesn't take into account any bank holidays though over in Nicaragua which I am not aware of.

I really hope we hear something tomorrow or Monday about transitioning from exploring to construction and there being no objections. Mark is speaking on Tuesday at mines and money so hopefully we'll hear some more news.

Cheers. All good. Mark said to expect lots of news coming in the next 6 weeks. They will announce some of the cacao drill results and further infill at la India. Looking forward to hearing about cacao.

Johngle, it was a while ago. I emailed one of the email addresses from the website. I then had to give confirmation I was shareholder. Had the occasional emails to mark and then I assume Mark or someone else put me on the mailing list. Mark will often email bits post rns, sometimes with some additional information.

Mark sent an email out this morning. Using $1700 gold price, Mark's numbers suggest $100m pre tax profit excluding general and administrative costs.

Not bad at all for only 10% of the permitted 3 open pits.

Good grades. Personally looks like calibre have enough gold to keep them happy.

https://www.bloomberg.com/press-releases/2021-06-08/calibre-mining-intercepts-13-83-g-t-gold-over-4-4-metres-11-37-g-t-gold-over-5-4-metres-and-16-78-g-t-gold-over-2-8-metres

Here you go slim. https://m.youtube.com/watch?v=zh2LUCm1-GQ

Scroll to 1:55:30 and listen for about 2 minutes and Mark explains it.

Re-listening to the central america mining talk on the 13th May, Mark said they filed to the government that they have started construction last week and that there is a 30 day period of any objection (as we currently haven't met all 10 conditions of the permit). If my calculations are correct, Friday 18th June should be the latest of that 30 day deadline. Not far off now.

It's all a bit confusing. On one side, Mark is saying if we've not had a response within 30 working days then we have started construction. On another side, I'm pretty sure I heard that we need 100% of the land before we the processing plant is built. Maybe Mark has been told something different which has led us down the path we are on now whilst we wait for this 30 day period.

Tester, which producers do you think are undervalued or worth researching. Wondering whether equinox is worth a look.

I caught about 40 minutes of it. Missed the beginning and the end. Some decent questions from the audience. Agreed volume has been low and little knowledge of us over in canada. He mentioned that he spoke with first majestic about 3-4 weeks back (can't remember who exactly, it wasn't Keith) and said that they had never heard of condor and that we look very cheap. No material information about any further interest from first majestic obviously.

As I've mentioned and what was mentioned over on the advfn forum, land will be sorted when needed. Re-iterated the land owners are being unrealistic and that we are offering 5-10 times the current rate for that land but they want more. Government will step in when needed.

It's slow, slower than I expected this year which is annoying.

Nice to see more buying today. 103,000 buy at 48.5p.

Will look forward to your feedback afterwards. It says it's an hour long and I can't see any other companies presenting at the same time. Let's hope some good conversations are had, especially with Jochen's style of questionning.

Very quiet yesterday, only 3 trades. We need some news.

https://event.webinarjam.com/register/270/5v7y0a02

Free to sign up. Tuesday 1st June with slim's favourite interviewer. 5-6pm Swiss time so 4-5pm UK time. I won't be able to catch it as I'll be in work. Hope someone does and post on here. Cheers.

Although I want to see a toll agreement (not just because of the bet with connect :)), I'm not as confident now.

In previous talks, Mark said he was in a confidentiality agreement with calibre. On his recent talk, he said he isn't currently in a confidentiality agreement at present which means talks have stopped, otherwise we would have had an RNS by now.

Which video on that link awax? There are a few.

Assume he is there given time frames. Think he said he'll be there for 2 weeks.

Cheers cambells. This company fm have invested in is an early stage explorer in nevada. They paid CAD$0.75 per share when the share price was CAD$0.88 and now it's gone up to CAD$1. They haven't even got a maiden resource yet and are worth the same as us! We need a correction.

Ignore the several typos!

I keep thinking of this purchase and had a quick look at the numbers. Firstly, jerritt canyon has been producing for 40 years and have produced 9.5m oz gold over that time. They are also in Nevada which is the most attractive mining jurisdiction in the world. There is a 4,500tpd capacity although they are only working at 2,200tpd due to limited ore production from the 2 underground mines. Last year it produced 112,749oz at $1289 cash cost (not even AISC!). At $1,800 gold price. That gives it a cash flow of $57m USD from last year. It has a 119sq mile land package. FMS paid $470m USD.

No, compare that to CNR. Ok, we are not in the same jurisdiction and that mine has been producing for quite some time. However, it we also used $1,800 gold price, our 100,000oz would give $111m cashflow, pretty much double that our jerritt canyon. Our land package works out to be 227sq miles.

The more I think about it, the more I think FMS may buy us out. Mark talks about being at least 6 months before fundraising for the rest of the plant/construction costs etc. We'll have cacao results back by then. We know Mark has been in contact with FMS a few weeks back, surely they'll have a lot more knowledge of us now they are a shareholder in us. I wouldn't be surprised if they just come in and buy us out. They have experience in building and operating mines, they are probably keen to diversify into other jurisdictions considering the situation in mexico and diversify further into gold.