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Condor Energies Inc T.CDR

Alternate Symbol(s):  CNPRF

Condor Energies Inc. is an international, independent producer, developer and explorer of oil and gas company. The Company has a producing gas asset, an ongoing initiative to construct and operate Central Asia’s liquefied natural gas (LNG) facility to develop and produce lithium brine and another initiative focused on gas field redevelopments in the Republic of Kazakhstan. It has interest in and operates the Poyraz Ridge and Destan operating licenses and gas fields in Turkiye. The Company through its wholly owned subsidiary Marsa Turkey BV (MTBV), has a 100% working interest in two adjoining production licenses located on the Gallipoli (Gelibolu) peninsula in northwest Turkey, lying within the southwest extension of the prolific gas-producing Thrace Basin. The Company is also seeking opportunities for natural gas field redevelopment projects in the Republic of Uzbekistan.


TSX:CDR - Post by User

Bullboard Posts
Comment by Tinmannon Feb 07, 2013 6:40pm
220 Views
Post# 20955165

RE: Being Accurate

RE: Being Accurate

I have watched this stock for ages. There was a day last week, when the stock was up quite a bit on one trade. That trade could easily have been a market order as the market depth is often thin on the offer side. Once stock shows up as an intraday mover however, anyone following the stock will do a quick look at current operational activities, which is what I ended up doing. After a quick look, it was easy to see that drill results were due at some point this quarter, and given the 40c price tag (mostly backed by existing value from Shoba), combined with persistent buying by the largest shareholder, it provided an environment for people to speculate on less information that one would ordinarily need. A speculative "punt" if you will. 

 

That's the concept of mosaic theory at least and I can tell you that I've seen trades like that go either way.

 

In any case, the discovery looks very interesting. Looking forward to seeing additional results from the lower section of the hole. 

Bullboard Posts