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Condor Gold Ord Shs T.COG

Alternate Symbol(s):  CNDGF

Condor Gold plc is a United Kingdom-based company, which is a gold exploration and development company with a focus on Nicaragua. The Nicaragua projects include La India, Estrella, and Rio Luna. The Company’s principal asset is La India Project, Nicaragua, which comprises a prospective land package of 588 sq km (square kilometers) comprising 12 contiguous and adjacent concessions. The Estrella Concession covers an area of 18 square kilometer over the Estrella Gold Mine, located approximately 20 kilometers southwest of Siuna. The Rio Luna is an exploration project, which includes a concession, covering an area of approximately 43 square kilometer in the Central Highlands of Nicaragua. The Company has environmental permits for the Mestiza and America open pits respectively, both located close to La India. The Mestiza open pit hosts 92 Kt at a grade of 12.1 g/t gold. The America open pit hosts 114 Kt at a grade of 8.1 g/t gold.


TSX:COG - Post by User

Post by kcac1on Dec 20, 2023 12:26pm
268 Views
Post# 35793994

There is almost Zero Political risk

There is almost Zero Political riskTo a Chinese buyer. After the new trade deal and China loaning $Billions to Nicaragra for big infrastructure projects and wanting more $ and likely getting it.

Add in China's love of gold and surely at least one of the two proiducers in advanced talks is Chinese. 

This company has a large gold operation in Colombia, and their long range plan includes more global mines. They would be my bet on being on the short list.

Zijin Mining : releases revised Three-Year (2023-2025) Plan and 2030 Development Goals -February 06, 2023 at 08:50 am EST | MarketScreener
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