Member Info for nero120

Lots of selling at $1750, currently back at $1730 but it will be interesting to see if they get it below $1700 again anytime soon. However the real excitement is on GBP, news all time highs and wasn't far off £1400 today!! Currently just under £1350. Also news today that the BOE is directly financing the government (wtf!!) doesn't seem to have weighed on sterling yet but it surely will. Gold price over £1500 by summer anyone?

Hi mate, you're talking about Bed & ISA. You don’t pay capital gains tax on assets held in ISAs, so once your shares are in your ISA they are no longer subject to taxation. As far as I understand you can book a loss if you sold the shares in your non-ISA share dealing account (the "Bed" part) at a loss, regardless if you then re-bought in your ISA. If you now have £200k worth of Condor shares in your ISA and you make, for example, £100k when you finally come to sell, you no longer have to pay CGT on that £100k since the shares were held in an ISA. Hope that helps.

Coin Invest are pretty much sold out of everything. Also £500 premium (£1850) on a 1oz gold maple to (possibly) receive it in two weeks!! That is crazy. If you don't have your gold and silver already...

I wouldn't get your hopes up, very much doubt mining permits are the nic governments priority right now. We may well have to wait a fair bit longer than originally hoped. Would love to be proved wrong!

And any interview with Daniela Cambone is one worth watching!!

Agreed, but whether he's establishment or not he's still right about currencies, debt and gold. The way I see it is Rickards is the establishment guy telling the elites that it's time to get some gold!

Also futures price does not reflect physical demand, physical is selling out at the moment. US mint is sold out of silver eagles, premiums on other bullion are rising.

Easy solution, Rio buys some condor shares on the open market. Might push the price up just a little bit... ;)

Tml according to my live chart the last trade was 5k @ 29p at 16:33 which I think was a great finish. What does yours say?

Agreed WG. Personally I would be very disappointed if we got sold for anything less than £2 on the cusp of a gold bull market. Am happy to hold here whilst things are moving along nicely, and sell (or be sold) when the bull market is peaking.

My only concerns are political (less so now that Rio Tinto have invested into the country) and excessive dilution (major shareholders should work to prevent this though, and if a toll mining deal is done then this is no longer an issue). Why sell for a pittance now just when everything is falling into place, especially when many of us have held here for years!!

Good article tester, also listen to this interview with Bill Fleckenstein:

https://www.youtube.com/watch?v=0C7R0PNtlEg

From around 17 minutes he talks about the drop in metals prices last week. He puts it down to hot money exiting tater than margin calls which I also think makes a lot of sense.

Good news I agree, though interestingly it didn't prevent Calibre's share price from dropping over 4%. Everything in my watch list was a sea of red today, everything except Condor that is! Onwards and upwards!

29p for 3.39k shares just paid. Did I say finish above 28p? I meant 30p! Go on Condor!

Tester if you want physical bullion then buy vaulted silver bars (which you don't pay vat on) through bullionvault or gold money.

If you want leverage you can buy shares in a primary silver miner such as First Majestic.

Loving the rise today! Let's see if we can finish above 28p...

Tester Jeff Gundlach from DoubleLine talks a lot about the corporate bond market and how he says that will potentially is the subprime market of this "everything bubble".

Personally I think gold is climbing a wall of worry, big moves aren't really what we want, we want a healthy market that sees higher highs and higher lows. Of this continues good will hit an all time high in USD this year which will be a plenty big move enough. I'm watching to see if silver can confirm gold's move higher, it's currently lagging and the gold silver ratio is still high 80s. It should really be coming down.

7 I suspect that only reflects the previous day close. The price is currently 0.58 on the TSX, up 35%.

Sorry about the typos, damn autocorrect...

Punter, I hear you re HUM. However you have to reneger the sector is woefully underrepresented in portfolios from all investment circles, especially the junior miners.

However, Condor's extreme undervaluation coupled with the fact that there doesn't seem to be much float as the majority of shares are held in tight hands (when we get a bit of decent buying volume the price moves very quickly), means that if we hey a toll mining deal done we *could* re-rate sharply. Not only would it mean condor starts to generate income when no-one expects it, but it also avoids major dilution as a result of funding the mine build. That could definitely turn some heads that are interested in the sector, of not elsewhere.

I've often mentioned that we won't get back to for value until big money reallocates into the sector and I maintain that, but I do think there's a good chance we could get back up to £1 this year *if* Mark can seal a toll mining deal and the gold price keeps trending upwards.

Definitely cause for optimism and personally I am not so hard on Mark's remuneration as others, he works hard for the company and gets results, but it is naive to expect the share price to reflect fundamentals in this market and his him responsible when it doesn't.

Yet another useful contribution, such an asset to the board slim. Remember you can always sell up and give us some peace...

Breaking ground later this year!! Wow that would be something, let's hope it's a realistic prediction. Could it be that condor will be bringing a mine online just as the gold bull market is hitting it's stride? If so, we'd be an easy and obvious take over target for a major with swelling pockets and reserve ounces that need adding!