Member Info for ISAPENSION

How do we know it’s not one of the 4 non binding bidders, or maybe a company that has show positive intent … maybe even a company who are already mining in Nicaragua wink wink

My only thought is MC said he expected further news in summer, so officially speaking that’s June so still some time for the MM’s or day traders to play this share!

If MC is out there Thursday can we assume we won’t hear anything this week, hold tight Condorians and keep the faith!

Let’s not forget this was filmed nearly 3 weeks ago already. Surely we must be due some meaningful news soon!
I don’t buy into the theory of let’s wait for 40p and then we can get a bid at a premium of 50% taking us to 60p. As per the Calibre CEO certain companies (and a Chinese cash buyer) will not want to miss one of the gold mining bargains of the year to bolster their reserves!
Keep the faith!

Not surprised we are getting big buys when POG as I write is US$2055. Whilst the price is fluctuating daily the trend is undoubtedly upwards and the gold producers are seeing the benefits
What is odd is that on II I can still buy 15k only at 31.95p (can't buy more than that) but I can sell 50k at 32.01p..............now that is odd unless they have one MM who is selling and one that is buying?

can sell 50k at 32.01.................they want your shares
POG at US$2044, the way I see it anything over US$2000 is a bonus considering the BFS was at US$1600
Up up and awy!

More importantly where will the £3.2m go..............on the balance sheet for the new buyer, pay off Mill, buy remaining land?? MC bonus for sale above 40p..................
I cannot believe these will not be exercised in a million years..............

I think we all agree this will be above 40p end of May whether there are options or not.
MM's will now only let me buy 5k at 32.5p, the ask has to go up again, as it stands we could not reverse yesterdays losses but also gain momentum forward (if the MM's let it)

Agree ICB and it certainly looks like this is the perfect time for CNR to be selling, what not to like???

Anybody that says MM’s are not playing games is surely wrong!
They let the SP crash to get weak holders to sell, but then have no shares for us to buy at 32p yet will take over 50k at 31.75p if I want to sell.
Come on MMS play fair, let the SP rise??
I repeat again someone wants your shares!!!

Can’t sell at 31p but can buy at 31.15, think this is going to drop a bit further on very low volume.

Looks like a few sells now coming through as can't even sell at 31p, maybe a slight drop as people take profits until we rise again!

Gold looking positive and ideal time to sell for us, and if you are a producer what better way to invest and grow ??

Gold powering ahead at US2011............get a feeling it may stay up this time with all going on in background!

For balance Punter you can still buy on II at 33..125p so I have just bought another 10k. Think they have more available so not going up quite yet, but more than happy to take well over 50k

Over US$2,000 and counting!

Polo, apparently Nicaragua is lovely to visit and full of gold!!

I think we all know that killer RNS could arrive anytime, we know we have at least one serious bidder following through with a formal bid, and no doubt others from the non binding will come good with a bid!
MM's still unsure as we can only 25k but can easily sell over 50k, someone still wants our shares he he

Punter, you certainly wouldn’t want to be … he he

Jimmy, I think they are more interested in actual trades and stimulating them!
Think we may be ready for an afternoon of rinse repeat. Nice to see a trade of 20k at full ask!

Truthfully Frenchie, outside shares in the company I work for, I am only invested in CNR with the rest in hands of a financial advisor (I couldn’t trust myself to not gamble with my financial security)
CNR is circa 3% of my investment portfolio (16% of my ISA total) and when it’s sold I will either move the monies to my financial advisor with the majority of the rest of my ISA’s, or just switch to 5 year fixed cash ISA’s paying circa 4.2%. Not particularly adventurous but a nice safe hedge!
Hence no need for Level 2, also dummy buys and sells give a good picture for me!
Ps albeit don’t mind if we sell to Calibre and holding their shares

Sakura, all I know is the pattern has repeated over and over daily and with dummy trades you can get an instant picture of liquidity either way. You are correct though it works both on the way up and way down!
We know MM makers play games, and why wouldn't they, they are there to make money and increase trades. We also know they fill large buys and sell orders and pictures can form quickly.
Ultimately the SP is defined by demand and supply, Mark is just giving it a huge nudge by putting us up for sale.............................