Member Info for Seingred

Barghav, I cannot for the life of me understand why when you were buying at 3 p you would be happy to pay over 40 p having seen the last retreat from 40 p .this is a good trading share .I bought mainly sub 4 p with a couple of buys on the way up and some sub 25 p buys after the last big retreat . Makes far more sense to me to trade some on the way up and re buy on the inevitable dips rather than increasing significantly your average .buy sub 25 ,sell some mid thirties upwards .
I have limited funds so makes double sense to me .
Well done tymers .

Noel , your chart prediction was 70 p , also didnt hear you predicting gold price of $1700 . Sp is holding fairly well all things considered . As always I will buy around 40 p or under .
Would appreciate if you were less disruptive . You havnt actually imparted any useful information from what I can see .

Still no tr1 at galantas re RB . Still sp is holdin g up ok .

Sounds very feasable lashy . re structure will for sure be painfulmfor holders if it happens .

Tester , lets hope so .
Calibre are ramping up pavon to 1000 tonnes pd this year .also

Looking to the future, I am excited about the 30% production growth we expect to deliver in 2021 as we commence first ore deliveries from our Pavon Norte open-pit mine this month. With strong cash flow generation, we will be reinvesting in the business through an increased exploration budget and development of our Panteon and Atravesada underground mines, which are expected to commence ore deliveries before the end of the third quarter of 2021 and 2022, respectively.
In addition, we have started the technical work and expect to commence drilling later this quarter at our now 100%-owned Eastern Borosi Project. While not included as part of our August 2020 multi-year outlook, I believe the Guapinol deposit represents the next opportunity for us to deploy our ‘hub-and- spoke’ operating philosophy to generate significant value for all stakeholders.”
Aisc also includes exploration costs which calibre are investing heavily in for the hub and spoke future . I just think the longer it goes the less incentive for calibre .

N j ,fair post I would say .

Tester , calibre success at bringing projects onstream ahead of schedule and under budget is why I doubt a toll deal will happen with them . If they manage to bring the rest of their projects forward ahead of schedule . I doubt they need or will have capacity by the time cnr are finally ready .when b2 were losing money producing ,cnr high grade ore was a lot more attractive than now with their costs reducing ,more high grade ore on the way and a much higher gold price .
Agree with neros synopsis of mine funding without all the land . It is quite possible that cnr are now expecting delays on that one so get on with drilling in the meantime in hope of increasing the value if a bid should appear .

Ross ,yes I am very happy with both . Had a wild week in trd ,obc and arb .slicing there .

Simms ,tesla dont just sell cars ,they are at the forefront of clean energy storage too .

Real, rr was the first share I ever bought when privatised . Held for a longtime and did ok .I used to get scrip divis but then they changed the format to b shares .only have some b shares left .Did wonder about a punt .They are a good company . I remember after 9/11 they crashed to about 50 p . Soon recovered . good luck
Yes 24 /7 trading is a bit mental . I think the longer you have been in and the bigger your profit safety zone the easier it is to relax . I have kept my stake fairly minimal by buying over the last 3 years . There are particular times when big gains can be made and we are in the sweetspot for cryptos right now .
Re cnr ,I am just going to call it as it goes . sp seems pretty stable in the forties ,leaving me slightly in profit . Lets wait for news .I am used to sleeping my way through this investment . Just glad all my eggs arnt in here . Zz

Real , Personally I dont think the bull run is over yet in crypto . 40 k is the new 30 k for bitcoin I reckon , but anything can happen at any time . Good to have a bit of excitement .
Gold price dropping and producers .could be a buying op for producers over the next little while .
Not totally convinced where gold is heading over the next month or two .been heading gradually downwards for a while now .
Good luck too . You missed the boat on omi I think for now .
Obc ,trd and arb are going to be flying up and down like crazy imo .good for trading ;)

E l , mc gets renumeration of north of 200 k pa with consultancies and other perks . I earn a fraction of that pa and even I have spent more in the last 9 months . Well it is noticeable that the first placing without warrants for ages and he spends pocket money .
Johngle , af stated that it was all obvious for all to see .well it isnt is it ? Not yet .

Real , well done . I took some profits out on friday across the board . Did buy a bit of bitcoin gold though .
Top sliced obc this morning . Doing well currently with trd and arb .not for the fainthearted though .

jongle ,I would think he rolled out the tried and tested presentation .
A f , what is about to happen that we can all see . Is there a toll mill deal? Is the plant going to be 40,50,80 or 120 k oz pa .how long wil it take to secure the last land . I dont see an answer to any of those scenarios yet .
Mc was persuaded to spend 6 k in placement .gee whizz thats convincing . He is obviously expecting an imminent multibagger .

Same here .I have opened a freeshare isa acc . Going to move stuff either side if April . Not too impressed with ii site or charges . Looking at other acc options .

Tester , I was under the impression that mellon was cold to a toll and didnt want to give away high conc ore ,or did I imagine that .
Calibre are bringing another mine on stream in 3 rd q this year and another a year later . Toll looking less likely to me but time will tell . Fingers crossed .

Andrew foulkes , you have no doubt that land issues will be sorted relatively soon . Would you like to hazard a guess on a timescale . Every stage of this journey has taken much longer than anticipated so I am cautious on this one . Permits were only going to be a couple of months according to many . We were going to be producing gold this year .etc etc
I dont imagine that raising the cash is an issue ,it is getting everything in order ready for the big push .
Personally ,a statement that cnr have actually decided on the size of plant would be a good start . you cannot carry on saying we might have 40-50 k but we may have 80 but we could have 120 k oz plant .

Snap cambells . As your post giving a rough forcast in 2013 of cnr operating the biggest mine in Nicaragua by 2016 shows timelines should be viewed sceptically here and that I suspect is a big reason why the wider market discounts cnr .
mc buys around £6 k says it all . Off to work gla

The placement proceeds will be used to complete engineering and other technical studies, purchase land in and around the minesite infrastructure and place a deposit on a processing plant. Condor's intention is to permit the 1.2 million oz gold underground Mineral Resource following the commencement of open pit production and continue with exploration activity to demonstrate a 5 million oz Gold District at La India Project."
Thats from last years placement . At least there are no cheap warrants this time . With £4 m still in the bank there must be a reason that cnr havnt waited for the sp to rise before popping this one out . Getting ready for plant deposit hopefully .
Mc bought 14k shares less than many posters on here appear to buy fairly regulary .
Mc now holds 3.2 per cent of the company . In 2010 he held over 10 per cent . Obviously he hasnt averaged down at the same rate as many here .

What I am interested in is how long it will take to prove up 10 m or 30 m oz .
Personally very happy with sub 4p -30 p .Hoping for a spike to 50 p and top slice .