Member Info for Guern13

Good volume of buys on AIM today - relatively quiet on TSX at the moment (3:30). IG Index showing 59/62. Last price on TSX was CAD1.19, equivalent to about 68p, so both markets are heading towards each other from either end of the range.

Slim, I think Condor just has a booth at the VRIC - other than the keynote speakers there are only a small number of the overall number of companies involved that are providing 'feature' presentations. Have a look at the agenda: https://cambridgehouse.com/e/vancouver-resource-investment-conference-2018-69/agenda

15:30 39,194 shares traded so far on TSX. Large trade of 26,400 went through at CAD1.50 - this looks like the current 'market' price - equivalent to about 87p.

Could well be. Healthy start today on the TSX - 8,144 shares traded in the first 20 minutes!

14:32 56/57 on IG Index - right at the TSX open!

Frenchie - just regarding your bid/offer price comment, the TSX operates on a matched trade basis i.e. a trade is only executed when a seller offers shares at a price that matches a price a buyer is prepared to bid at. You will therefore only ever see one price for a stock at any one time. Our UK market maker system is a relic from the past and only serves to provide those principals with an extra way of making money! In an illiquid market, such as COG at the moment, you will see the price move all over the place due to the fact that price discovery is imperfect. The following long winded document gives a very good overview of the methods used in trade matching system: https://www.tsx.com/resource/en/1591/order-types-and-functionality-guide-effective-october-23-2017-en.pdf Having said all that, I'm still unsure as to how shares are being traded already on Canada - I can only presume that prime brokers bought shares on the AIM market prior to the live listing date and have now re-registered them in Canada and are drip feeding those shares into market i.e. acting as principals in this case. Equally I'm unclear as to why trading suddenly sprang into life yesterday.

Sorry - two original trades of 500 shares followed now by an additional trade of 500 - prices CAD$1.10, CAD$1.20, CAD $1.41. CAD $1.41 equivalent to 81p! Demonstrates how illiquid the market is until many more shares registered in Canada.

First trade showing on TSX - 1,000 shares. CAD price now at $1.20 - equivalent to 69.4p (using money market exchange rate of 1.7296).

BigDog is correct, however, I think we are traded on the TSX Alpha Exchange which looks like it might be open from 8:00 am their time i.e. 1:00 pm our time. https://www.tsx.com/trading/calendars-and-trading-hours/trading-hours

Already showing as 58/60 on IG Index

All documents are filed on Sedar - use the link below to select by company name. The final prospectus is some way down the list as the documents are displayed in alphabetic order for some reason rather than date and time. https://www.sedar.com/search/search_form_pc_en.htm

DDD on iii has helpfully provided a link to the COG page on TSX Alpha: https://web.tmxmoney.com/quote.php?qm_symbol=COG:APH If it's not Monday then I'm sure it will be sometime next week before the VRIC on the 21st. With regards to individual holdings disclosures, I have just short of 1% of the company having started investing in 2011 - most of it held in a local equivalent of a UK SIPP and the rest of it in other buckets. Having already retired, I need this share to finally come good so that I can keep my wife in the manner which she has become accustomed - otherwise she will no doubt kill me! Average price across all holdings is about 77p - not that healthy but still scope for a good profit! Things are warming up across the precious metals sector generally and the Commercials' gold and silver smash yesterday was well and truly trounced in short order with gold ending the day up in the high 1330s and the HUI up past 200 for the first time since October. I'm optimistic for a profitable 2018.....GLA

I agree that gold has had a good run this year in US Dollar terms - up 13.2% using BigDog's figures. However, in GBP terms the performance is more muted - up 3.2 % only (GBP/USD 1.233 at end of 2016 and 1.35 at end of 2017). Gold had a stellar year in 2016 in GBP terms - up 29.6%. Condor's accounts are still denominated in Sterling and so it's financial performance is subject to exchange rate fluctuations - not that this is a significant factor at this stage as permits are still the key to a price uplift. Here's hoping for a surge of good news in the first quarter - even though it's two years late! GLA

Large transaction of 250,000 goes through at exactly the mid-price - somewhat fishy given there has been no effect on the price or spread. I still don't fully understand the mechanics of how secondary listings work with a single share register but is this some sort of allocation being transferred to a TSX market maker? Or did I read somewhere that TSX works on a matched transaction basis - can anyone throw any light on this? GLA

My sentiments exactly! The bitcoin phenomenon is a classic South Sea Bubble waiting to burst. The shame is that we all have to sit on the sidelines watching the precious metals go through their yearly manipulated cycle low in December choreographed around the next FOMC meeting. The sooner Comex collapses under its own corruption the better!

The scale and detail of the Preliminary Prospectus is impressive and it has obviously been a major job to pull together. It is interesting to note that Mr Karoly has been used as a consultant by the company since June with the specific task of achieving the TSX listing and has been provided with a financial incentive to achieve this listing asap. I hope he gets his reward very soon! See page 135: "Mr. Jeffrey Karoly was appointed as the CFO of the Company on November 14, 2017. Prior to being appointed as the CFO, Mr. Karoly had been acting as a consultant to the Company. Mr. Karoly is currently engaged by the Company pursuant to consultancy agreement dated June 1, 2017 (the �Initial Karoly Agreement�). Under the Initial Karoly Agreement, Mr. Karoly is entitled to a fee of �3,000 per month, up to a maximum fee of �30,000. In addition, upon listing of the Ordinary Shares on the TSX, Mr. Karoly will receive a payment equal to the difference between �30,000 and the total fees received by Mr. Karoly from the Company up to such date. The Initial Karoly Agreement will terminate on February 28, 2018 and is also terminable on 30 days� prior written notice to the other party. The Initial Karoly Agreement is also terminable by the Company upon the occurrence of certain events or conduct by Mr. Karoly, including any breach of the Company�s policies or procedures. Effective upon listing of the Company�s Ordinary Shares on the TSX, Mr. Karoly is expected to enter into a revised agreement with the Company. It is expected that Mr. Karoly will receive a salary of �65,000 per annum for 50% of his time and be eligible to receive Option grants. The new agreement is expected to be terminable on three-months� notice."

Very good presentation with Mark very relaxed and confident. Not a huge amount of new information but my take aways are: - New general manager has come in with fresh ideas which are receiving attention - IFC met with Nic Minister and were assured that 'the permits would be granted after the elections' - Mark spending at least one week a month in Nic - Focus is on communicating benefits of the project to the local community - Mestiza 'very exciting' with ore shoot alone having potential for at least $100 million free cash flow - Mark will be in Toronto next week to progress TSX listing

Girdz - 300K was BigDog's bed and ISA - see earlier postings. Volumes still miniscule at about 85K. However, like you, I would prefer if it was going in the opposite direction!

Looks like a bed and breakfast trade to me given that the bid price recovered quickly from 38 to 39 on low volume buying.

Correction - Zurich presentation is on Wednesday 8th at 11:00 GMT, webcast should be available.