Member Info for condor_forever

Same here. Sold out avct for around 195p. Put the profit in here. Massively over exposed here but happy with that. Bought some more avct at 190p about 3-4 weeks ago and still hold them.

Seingred, calibre should be releasing a mineral reserves and resource update at the end of Q1, so that will be interesting. They have lots of other exciting prospects and a busy 2021 timeline if you look at one of their recent presentations on their website.

Can't think of any other companies nearby to calibre interested in toll milling can you? ;)

Here is a paragraph from that news release. Look at the end. I think it is still feasible if the price is right.

Pavon represents an average of 0.32 million tonnes per annum of mill feed over the next four years, additional mill feed sources include those at Limon and Libertad as per the 2020 Preliminary Economics Assessment (“PEA”) ( see August 11, 2020 news release for further details ) leaving an average of 1.5 million tonnes of surplus annual mill capacity over the next four years as a significant opportunity for organic growth via further conversion of Mineral Resources, exploration success, artisanal ore purchases or toll milling.

I wonder whether the market would respond to us owning all the land prior to raising the finance? I know we have access to the land for the processing plant and can mine what land we own. Will a bank loan to us without all the land?

Yes, the majority on here have been 10 years too early to the party. And god, are we ready to party!

We are a generally friendly bunch on here and lots of knowledgeable posters. Any questions, feel free to ask. I've been invested in here for over 10 years now. I've just bought another 10,000 shares this morning at 48.44p.

Hi Bartlet, yes you are right. There isn't anything glaringly obvious that you are missing. We are just under the radar of most investors in my opinion.

What do you mean by that Andrew?

Nice summary ISA. I listened in as well. They are already 20% through the drilling program on cacao which is all guns blazing!
Mark did mention about toll milling as an option still, didn't go into any further detail but could still be on the cards. Especially if we need to find $100m all in. This number covered the likes of purchasing all the land (already purchased 95%), resettling the village which we no longer need to do and cover all the studies. A toll milling agreement could still help with our financing.

Our panelists will include:

Dr. Paul Oquist Kelley

Nicaraguan Minister of Presidency for National Policies,

former Chair of the Green Climate Fund

Mark Child, Chairman & CEO, Condor Gold

Dr Tim Lucks, Director and Principal Consultant, SRK Consulting

https://www.eventbrite.co.uk/e/country-case-study-mining-in-nicaragua-tickets-145245117055?utm_source=NewZapp&utm_medium=email&utm_campaign=Country%20Case%20Study:%20Natural%20Resources%20Opportunities%20in%20Nicaragua

This was posted on condor's twitter. Free to register and sounds really interesting. I've signed up.

https://money.tmx.com/en/quote/COG/key-data

Finally some better volume today at 80,000. Still not massive but much better than our 50 day average of around 7,000 shares traded on a daily basis.

Hopefully more investors will start to hear about us and get involved.

Who has signed up for tomorrow's talk? After today's news, I've signed up with the 70% discount.

Now that we have a sag mill purchased, that may influence the toll milling. Calibre may now not be looking to buy us. They could still want to buy us.

I think a toll milling agreement could still be on the cards. It's a win win for both companies.

Awesome news.

I personally think things will be much clearer in the next 3 months. In the back of my mind I keep thinking there has to be something going on with calibre/rio.

Calibre will be releasing their current reserve update fairly soon and it will be interesting to see how much they currently have. Imagine if they added another 2.3m to that number.

We know financing is mark's specialty and I'm certain he'll be doing the right thing for the company.

It's an infill drilling program munchbox you fool.

Not paying £15 to hear the same old story.

Highly unlikely to mean anything material but they updated their profile picture over the weekend with the words 'we are a project in the construction phase of a mine'. I would like to hear some decent news over the next week with Mark presenting at pdac.

Awax, it all depends on whether we can get finance without owning all the land.