Member Info for RothRock

https://www.youtube.com/watch?v=KXAsnMTLf5Q&feature=youtu.be

Wondergoals, Re. Mellon: I KNOW he didn't want to be diluted and also he was trying to AVERAGE HIS COST down. He is MC good lad and has first right to every PP.
Yes, Beaty is building Equinox along with other exploration plays like Lumina, but his normal positions are between 9.99-19.99% and he doesn't like to get diluted down.

Ross Beaty hasn't participated in a private placement financing in almost 2 years now. ever wonder why?

Clive Johnson spoke at BMO Conference back in February. The link below. He pays little attention to his Nicaragua assets and says Columbia might be his next mine they build. Very opportunistic and shrewd guy- that's how he's built his successful company. I dont see this man giving Condor any sort of premium. There two gold junior companies in Burkina Faso and Namibia sitting beside B2 gold projects and they are waiting for B2gold to do an acquisition and/or take a large position. B2 is just not biting.

NDA Oct/November 2018. That was the first i heard of the discussions. possibly earlier.
MC is not a mine builder and he's paying too little attention to the new lands they just acquired (probably given to them by the government). Which leads me to believe that the government of Nicaragua is going to want to see progress on the mine build and/or exploration in this new area. I hope they are doing soil geochem there now. It could be a giant AU-CU porphyry ( heat source) that lies 1 km deep. Something the largest majors like newcrest, rio tinto & bhp etc are all after. MC doesnt seem to care as it will cost too much money to find.

https://www.kitco.com/news/video/show/BMO-Conference-2019/2368/2019-04-16/RERUN-Dangerous-To-Rely-On-Gold-Prices-Says-CEO#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DBMO-Conference-2019

The newmarket gold management team is also involved there at Calibre. Serious value creators and probably serious money will be eventually behind them (Blackrocks, Van Ecks etc) as they were instrumental creating Kirkland Lake. Definitely keeping eye on them. They are looking for 100k oz producer w/ 5 m oz deposit. Sound familiar? They've said will be patient and will only buy at attractive price.
B2gold owning 12% of them is very interesting.

Toll Mining has been in discussions since November 2018. Clive johnson said in the below article they could possibly Truck Ore from El Pavon (40km north of La Libertad). Dont think this is Condor's site (anyone confirm?). The article says La Libertad has possibly 2-3 years mine life left.

https://www.northernminer.com/news/b2gold-earmarks-us43-million-exploration-program-this-year/1003805115/

It's not uncommon for a processing plant to be sold to another miner in another country. It'll go to the highest bidder so they can pay off their reclamation costs. Condor has edge on the shipping costs. wonder if MC can pull it off.

The 20 Mill capital raise is for the bankable feasibility study and probably more drilling to add more oz in the bfs.

B2Gold is focused on expanding their best mine in Mali.They're putting $50 mill to work there. Not sure if Nicaragua is still a priority for them. Wouldnt be suprised if B2Gold assessing leaving country b/c their out of Reserves & AISC in Nicaragua is very sub par from the rest of their operations.

http://www.mining.com/b2gold-goes-ahead-50-million-expansion-fekola-mine/

I get the sense someone is dumping this stock to put pressure on the company to make a deal or corner the company. If toll mining deal falls through, the company has no choice but to raise at very low sp. sub 20p for the BFS. Or will MC wait for a rising gold price? Could be waiting a long time. The government wants to see this mine get built asap.

Great sign that Galantas/Roland is starting to promote the company by attending presenting at UK Investor Show, QEII Centre, Westminster, London on 30th March 2019.

Is anyone attending?

Nice update Aguila on B2Gold.

Sell the processing facilities and exit country?

I’m a bit pessimistic with the toll mining and dont think a favorable deal will materialize. Hope I'm wrong. Sure it makes sense for both parties in theory, but I’m seeing multiple projects where it makes sense for B2Gold to make a move, but they haven’t for some reason. Perhaps B2Gold is probably more focused right now on being taken over or being merged with another major/mid tier to attract the big funds. Anybody know why B2Gold has a 10% stake in calibre mining and not Condor? I don’t see MC being the personality to build and operate this mine. Him and Mellon are investors and don’t have this expertise. They need to hand this project over to someone capable. There are many people in the mining industry with proven track records that can raise $ 120mill USD creatively to build a mine like La India. They have access to capital. That’s the only way they get a 10 bagger. Unfortunately it seems a bit slim bc these guys wont let go of control since it’s their baby.The stock is already in the crappers – be it civil unrest, Russia v US, investor disinterest in risky jurisdictions. We'll need to take more pain and build the mine once toll mining falls through. They need a proper management for this.