Member Info for poloshirt

Dip time.

Unusual, China probably selling off dollars, plus the lower than forecast inflation figures. However, tariffs will soon reverse that, leading to higher rates for longer. That will strengthen USD, whether Pog reverses or consolidates, that is the question.

Metals Exploration a potential good buy. DYOR etc

Big question is how the usa russia peace talks could affect price of precious metals. It looks like trump is going to carve up ukraine and bring Russia in from the cold. Russian miners will relist on anerican stick exchanges potentially. Given trump hates Mexico will he also tariff to the hilt.

So much uncertainty which is why price of gold is so high but its still not feeding down to the miners sp. I'm sticking with gold bullion and not overinvested in miners until the dust settles.

Silver could be the big winner this year, some catching up to do, gold should be fine too. Not sure about the miners given tariffs could bring back inflation.

AI and Crypto (nvidia and microstrategy) could be good shorts.

Patience is a virtue. Ive just read Mellons latest market commentary and agree with his calls this time round.

Trump's policies are inflationary, there is already inflation in the system, this could lead to rate hikes not cuts as markets are expecting. The Fed can't come to the rescue now because of inflation.

Gold will be a major winner plus well run miners. Maybe silver too.

AI and crypto will be the losers and there will be a major market sell-off I think around Spring time.

Long suffering Condor investors should hold onto their shares IMO.

Not a shareholder but by voting yes you keep skin in the game. POG has now corrected and I expect it to start climbing as the US tech bubble pops next year. Metals Ex Darren B is the golden boy.

Could be a 5 to 10 bagger at some point. Good entry point for new investors IMO.

CVRs do have tax implications unless you live in say Sark or Isle of Man.

I don't own any Condor, I've just traded short term over the years, hard to believe 17 years has flown by so quickly.

If I were a shareholder, I'd accept the offer.

Although there is an uptick in M & A in PMs, this isn't like 2010, when juniors were being bought with little due diligence at high premiums.

I think Condor has overall been poorly managed, and generally avoid AIM these days for a whole variety of reasons, I prefer to use funds.

As with any merger, it will be interesting to see who they keep on, obviously Mellon is staying. Darren B seems to be someone who gets things done. Nic is a new territory for him though and geopolitically a lot harder than Philippines especially with Trump back in the white house.

Some Mtls shareholders complaining that they'd prefer not to be in Nic but as the Barrick Gold CEO recently said, most of the gold is in difficult countries from a geopolitical perspective. Mali kidknapping execs for example.

In other news Hannan has taken Barrick to the high court saying he wasn't paid a M and A fee when they merged with Randgold. Wonder what the fee is going to be if Condor-Metals goes ahead.

Tech has been unbeatable last 15 years.

Gold and silver miners had bull market 2010 lasted a few years then collapsed.

It's all about timing now Tech looks a bubble, but miners look undervalued.

Good time to rotate. If you've been one of the lucky few to make money out of Condor.

Awax also don't forget the 20 % interest he gets from loans.

Oh and it's clear Calibre not interested. If Metals can turn the project around they can but Metals I'm a few years plus they seem busy with Newfoundland and prob want to avoid overexposure to Nic given political situation.

Mellon gets a seat on the board and a salary. Very nice. Mark won't get his bonus by the looks of it.

LTHs have lost out esp when inflation adjusted.

I like the look of Metals Ex. I think they've worked out they will turn it around, ignore Jim, but use him to flog shares to new punters at the next MI show.

The main risk with Metals is if their CEO Darren B walks away at any point as he seems to be the golden boy. But otherwise their SP could x 5 over next 3 years.

Jim has overplayed his hand after going behind candy's back after they shook on a deal.

May be no actual offers due to lack of trust.

Metals ex sp up over 350 percent in 5 years.

Sounds like a younger, hungrier superior managed company in every way.

Maybe Jim has had enough of financing it the longer the so called sales process goes on the more condor turns into a zombie.

Good deal for Metals Ex.

If Calibre want the land then it would make sense to see if the merger works out, if Ortega remains in power. Then they can buy metals ex in a few years. Mellon probably thinking the same. The risk is thus with the Condor LTHs.

A non binding offer well below the valuation. Effectively nothing.

My feeling is jim is fed up and wants a deal ASAP.

Metals ex is that deal.

If the money makers felt otherwise the sp wouldn't have caved in today after a nifty start.