Member Info for frenchie38

It looks like it has not been in operational use since 2017. Hopefully still in good working order if that is indeed our target plant!

I wonder if he is there on request from Condor, or possibly a 3rd party?

Interesting that WHIreland are forecasting gold reaching a high of $1950 then a gradual drop over the next 4 years to $1500. That is not what I have been reading!

I don't think they make a mistake to be fair. We know news is due and if the news is transformational it will be almost impossible to buy back in. I know having been invested here a number of years that it can be almost impossible to buy shares when news hits, especially buying in volume.

I would like to think we will have a number of RNS prior to any mention of the fund raise which will significantly re-rate our SP, i.e. Land purchase complete, Mill purchase complete, drill results. I know there was talk yesterday on the BB regarding toll milling and possibly not going to happen. Well it was still being mentioned on the latest presentation on 6th Oct. Lets see if it is still on the slides for the 10th Nov Global Mining Symposium.

EL, I can't see that negotiations could be underway; not before 23rd Sep anyway as that was the last purchase made by Jim and as a director of the company, would expect him to have privy to that price sensitive information. I would think we are on the radar of a number of the top tier producers. with the number of new large gold discoveries getting fewer, we must become extremely appealing as we approach the magic 5M oz that Mark is trying to prove up. With the chances of even higher gold prices in the not too distant future, it wont be long before Marks phone is ringing like crazy. I still want to see a price in the £2 - £3 minimum.

Excellent post ElectricLion. I think frustration is being vented, that is all. We all want to see this project come to fruition and many are still in the red, which doesn't help. I am certain Mark is labouring away in the background, and with plenty of skin in the game, will do his best to get true shareholder value. £100M is a little over 80p a share, and agree this wouldn't be excepted in my opinion, but any offer here would see us re-rate overnight. I guess that is why none has been made yet.

Munch box, sorry but it is only the middle of October. There is still 10 weeks left of the year! Shall we at least give Mark till the end of the year before knocking him?

I don't know what your beef is with Randy Martin. Yes he sold some shares at the beginning of Aug and Sep, but there has been no further RNS indicating he is ending his ties with Condor, in fact he and NMC hold around 7% of the company still, more than Ross Beaty. He also has very good pedigree working and developing mines in Nicaragua.
https://www.mining.com/condor-gold-attracts-new-investment-in-nicaragua/

I know Randy has recently sold some of his holdings here but I unlike others here do not believe he has or is selling out of the company totally. I believe his and his company's, Nicaragua Milling Company, expertise will provide that help.

As long as it isn't a phantom pregnancy!

I liken it to a boil. Irritating as it comes to a head but when it pops and releases the puss, sheer relief is encountered. Just need someone to give it a squeeze.

Don't get confused between mining and processing. Mine to get the ore then process at their existing plants if thats what you are thinking.

And 379.5k on the London stock exchange website!

I don’t believe its a case of MC dragging his heels sorting out a toll agreement. We have to remember he was in advanced discussions with regard a toll agreement with B2Gold who had taken 2 samples of our ore to 2 of their laboratories to conduct the metallurgical tests at the laboratories at their processing plants at their El Limon and La Libertad mines and had exceptional recovery rate of 95.4%. Unfortunately B2Gold had a change of direction and have withdrawn from Nicaragua, selling out to Calibre. No doubt it is Calibre who are now dragging their heels, probably concerned that any positive news will cause our market capital to increase drastically, not what they want if they have one eye on a take over bid somewhere down the line. I, like many on here, am frustrated with the perceived lack of traction but am sure there is plenty going on in the background. Never did I think 11 years on from my 1st purchase in Condor Resources that we still would not have 1 ounce of gold out of the ground. We have to be mindful that we have had some tremendous unfortunate events; Having to pull out of El Salvador due to the government placing a stop to all gold mining, Political unrest in Nicaragua and the latest disaster being Covid. Mark was seen to carry on through these challenges, carrying on with his regular trips to the Nicaragua, against the advice of our government, to push on with the project. I think a little bit more patience is required, and have no doubt he and the PI’s will get their just rewards.

Sorry Elise, research HS2 or Heathrow expansion and tell me they don't do compulsory purchase!
https://en.wikipedia.org/wiki/Compulsory_purchase_order

But is that because we have never placed shares on the TSX? Nothing stopping Randy selling them there. You may be right, and he has tried but got no takers. Andrew Cheatle joined the board after we listed on the TSX, with I quote from the RNS 18th Jan 18 - "It is important to have a Canadian based Director to add gravitas and effect introductions in Canada". Would love to hear more on his involvement with the company having been on the board now for over 2.5 years.

If Randy is still selling, I wonder why he doesn't try via the TSX? Current price is listed as $C1.2 which equates to approx. 70p.

sorry, mentioned toll agreement twice. Should have said completion of land purchase. Started on the wine early!

Alwaysone, so you don't think a toll deal, announcement that a mill has been acquired or a toll agreement has been signed are imminent? Good luck.

should read 90 hectares remain.