Member Info for realranger

Thanks seingred,

Yeah Omi not on my radar, rolls royce looks like it will do me turn this year also although probably not multi bagger.

Condor who knows - I really was convinced at Xmas 2021 ithe bird would fly high and lots of news would have dropped by now..

Just catching my breath with the cryptos and getting to grips with them at the moment and some sleep 24hr 7days a week trading is crazy especially when rise and fall so fast at anytime! It's a full time distraction (job) in itself.

I think the vaccine passport for air travel along with rapid testing at airports will work wonders for the industry.

Ag0691 obesity is linked to covid deaths as well. Although being fat isn't a danger to others lives! Unless the fat person is mega hungry.

Hopefully by October all vaccines have been administered and life can go back to the way it was. Although the scientists aren't convincing me when they speak.

Thanks Seigred, although looking at todays figures no pullback yet. Thought some profit taking from the bitcoiners would be in force now its over 50000 a bitcoin! Maybe 50000 will be the new base level, although I do hope it drops back to the 30s or at least 40000 for a better entry price.

The alts I'll wait and see before getting back in on as want to leave a good chunk now in ether and btc. Glad you took some profits and yes it takes balls when you see your portfolio drop 20% in 40mins to stick it out not knowing if the bull run has come to an abrupt halt, crazy adrenaline buzz.. But easier when you have derisked and running mainly with profits.

Good luck on your choices.

Bitcoin and gold.

I'm eyes have been opened and I've since had a retaken bitcoin as a source of value rather than a replacement currency. I believe now that mainstream operators tesla, PayPal Mastercard and ETFs are on boarding cryptos to their offerings/services that bitcoin may survive but take years to become less volatile. I don't think it will replace gold but sit side by side as source of value and depending on your stage in life or outlook on risk gold will always be the safer option.

I have sold out my cryptos and taken a decent profit at present with the exception of ethereum as believe there will be some profit taking from the massive rises of the last few weeks and will look to get back in later.

I am a big gold bug and like the physical aspect as this for me is the safest option. Although the bitcoin rally at present may be taking some demand away from gold, its time has to come and hopefully the recent drop below 1800 is short lived and can still see it rising to 2500 within the next 12months but is hard to predict as manipulated so much.

Anyway the higher the price of gold the better for us all in Condor and if the price were to go above 2000 per ounce and stay there by the time we start milling the extra cahs put in will be a distant memory.

The current price of gold is the reason I am sure toll milling is good option at present if we can sort a deal out until we are up to full production and really hope it's not off the table.

1.02

Good point well made Tester, I think we are all in agreement that land purchase completion and a toll mill agreement allowing some cash flow to begin would be a major step forward.

I really hope your theory is correct but would have liked toll milling to have been mentioned on the list of actions in the recent RNS, it was noticeably absent as it was also, other than hidden in a PowerPoint, during Mark Child's most recent presentation. Could they be double bluffing Calibre to leverage a better deal?

Frencbie I agree with most of what you say however feels like we've been here before, would have loved toll milling to have been mentioned as that would have been a big plus imo.

I do agree we must be closer to being sold and the land is a major landmark to tick off once completed.

Time will tell if this time round the cash put in sees all it is intended for to be realised as you quite rightly pointed out our current cash burn is at an all time high.

And as Mark mentioned to death we continue as if we have the land.

As Sein has pointed out MC has instead of increasing his share perce take from 10% has infact in real terms diluted down to 3.2% and with your newly bought ones today you may own more than MC himself!

The loan on gold was exampled on here by Campbells for a few other companies and we all thought it was a great tway forward and hoped Mark could do such a deal for Condor.

We are being taken for fools, land not an issue anyone was the rallying call I all the pr recently as they touted for new investors. Instead we start to lose some and Jim Mellon needs to dig into his own pockets to protect his already considerable stake.

Cash flow is key to any businesses survival and each time it is raised in this way the overall potential is diluted as will be factored in.

Toll mill was supposedly going to provide free cash flow as was smuggly pointed out in his speeches. Very disappointed here and surely everyone now agrees we are never going to full production with out a management buyout- on the cheap. Or a takeover on the cheap as not to many bidders lining up by looks of it. Remember MC stating £1.60 is too cheap an offer.

Positives land being bought although as Campbells pointed out the RNS is a repeat from nine months ago and we haven't completed as planned with last fundraise.

Once land purchased hopefully new investors will come forward and the Price of Gold holds up.

Strange drilling at mestiza not taken up and may well be that by switching to cocoa that we are indeed not only paying in cash but land to the miners.

Would have been much more positive to have achieved a loan for gold out the ground deal for financing at this stage as much more cash will be required to get to full production. Wonder when this tranch runs out.

Don't know where the sp is heading and reaction to the land complete rns issued (I imagine will be very soon) may well determine if a good investment or not.

JT, I've taken a speculative punt at rolls royce can see it recovering to £1.50 later this year if vaccines workout well. May even take stake out and leave the whtaever profits to run longer term (years possibly) as RR get into the design of electric engines. Could be the tesla of the air longer term although no doubts Mr musk will be after the market share himself.

Real

A lot of red today and Friday, pleasantly suprised to see the price holding up as it is without any news or big buys coming in to sweep up the sales.

Agree Wurz seems like maybe a seller when reaches near 50p although being bought up as we seem to be staying in quite a tight pricing zone.

Hopefully the overdue drilling results are published soon and if Book5's info is correct an update on the all important land situation can ease of the frustrations at lack of news on all the fronts we were hoping for by end of 2020 and raise us back above 50p.

Thanks Isa and Bd,

Isa,
Although come across negative it is hopefully only short term as I fundamentally believe I in condor just frustrated at the same old speil from mc year after year, agree with slim on this front and like other on here would like a roadmap/action list on an updated website with bar charts ( could be bars of gold?) Being coloured in on each action then sparke when complete would be great. Timeframes need to be firmed Jo so we can actually agree and measure the performance of the board accurately. Oh and believe it or not I am also a big worrier of crytpos long term bubble, but as I'm nearly risk free now why miss out only taken 2 weeks to make 80% return which would have been considerably more had I not been conservatively taking out profits and had the last 24hrs gone as the previous week I would have banked my full stake by now. Cannot complain at all on this front.

BD,
Yes the xrp is a nuisance and hope it comes back to coinbase before too late in the recovery rally.

Thanks for the tips and I'll.be assessing and swapping my crypto holdings about soon. May even take some extra.out and hold for any retrace opps.

Gla and hope.the week ahead does in fact restore.confidence across the board.

Big dog yeah XRP is one I've followed since you first mentioned it, however not available on the coinbase platform I'm using unfortunately as defo would have it as a hold. My alts are stalling at present but hopefully they're is a little push left with the the graph,celo and filecoin and orchid. Omg is still going well at present. Along with eth I'll keep.a.hold of.eos and steller and think I'll swap my celo an filecoin for btc when they are up a bit and btc slows down.

ISA I hope your right about 55p next week as I'll definitely take a small amount out to invest elsewhere to spread risks, may even take up seingreds Omi tip along with a couple of speculative recovery shares.

This doesn't mean I'm negative on Condkr and will still leave a decent chunk in here for the cnr end game but we are all here to make cahs an my original stake is less than invested even with averaging down and now see this as a longer hold and with a longer hold the expectation of higher returns subsides as the cash flow and debt/dilution increases and needs to be factored in to the value of the share.

Condor still a really good opportunity for making a decent return bit when and how much is now more debatable.

Not quite got my full stake back out yet, but very close and now pretty much risk free, thanks for the advice on how to get started. I've now swapped some from alt to eth and will do bitcoin when the opportunity arises.

Good start to the year just now looking for Condor to come good but think it is going to be a longer wait than we all thought.

After ten+ years in here, I'd now love to be able to derisk and load up on some corona recovery shares with profits.

Bullish short - medium term view form Ed Moy former president of the US mint.

https://www.kitco.com/news/2021-02-11/Bullion-coin-demand-off-the-charts-why-isn-t-gold-price-Former-U-S-Mint-director-weighs-in.html

So one week on from my self enforced break from commenting we are still in the same place albeit the sp has again settled just below the 50p mark.

I guess the next news to come may well be the drilling results on the coop miners land which we need to purchase in order to fulfil the permit conditions.

Hopefully the results are strong and we pay the miners a fair price while having grades reinforced or improved upon.

Anyway while all.is groundhog day on the condor front the Crytpos are also in groundhog state with each day just rising up and up. I'm close to having banked my full original stake already (2 weeks in!) and would have done so a while back if not siphoning profits on small rises along the way. Thanks to all the crypto promoter's on here for persuading me to invest. In hindsight wish I had put more in! Got a feeling a big correction due but with Elon's recent endorsement may yet be while off. P.s. I've not even bought any bitcoin itself.

Icb888

I intended to keep quiet and will take a break as long as no-one calls me out as a deramper etc. as this board should be for balanced informed views not just shoot to the moon stuff. Which I think it could! If some of the outstanding issues are resolved. How that can be classed as deramping is beyond me. See you next Sat.