Condor Gold plc - CNR - Share chat

https://www.condorgold.com/

Surely they get this sold now with current gold price? Probably at 2 to 3 times current cap.

2 million ounces of gold, shovel ready… 6 month payback on construction at current gold price.

Excellent interview from last week:

Chinese are now looking at it, 5 non binding offers and 3 site visits. But they’re holding out for value … read results comments.

In reference to above. La India… 2.2 million ounces of gold for sale. Mostly open pit, low cost, all shovel ready. Buyer would be payback in 6 month on construction costs at current gold price. Absolutely insane. like $5 billion plus of Gold.

some weird trades appearing lol. no clue if that is some clown being a clown or an mm, but regardless there’s not much left to buy at 21.7p. Imo this will sell for a couple multiples. There’s 2 million plus ounces of gold, all shallow … mainly an open pit operation.

Chart curling up from support. I’ve a feeling this heads towards 30p’s again in anticipation of a bid. The company got noisy on it.

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CEO Mark Child speaks with Proactive’s Stephen Gunnion about the heightened interest in the company’s gold assets in Nicaragua, driven by the current high gold price. Child shared insights from recent industry conferences, where he met with several potential buyers. He highlighted the significance of having fully permitted mining projects like Condor Gold’s La India, which has seen several non-binding offers, including one from a Chinese group.

Errr… boom :exploding_head:

“Mining industry sources said a deal could be announced as soon as this week at a substantial premium to Condor Gold’s current valuation.”