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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

Comment by kcac1on Aug 28, 2024 11:49am
63 Views
Post# 36199531

RE:RE:Check Numbers at $2400 oz Gold

RE:RE:Check Numbers at $2400 oz GoldNot much to write about I guess. It will be 2 years in November since it announced the company or Nicaraguan assets were for sale. You would think someone would want a turnkey project with $2500 gold and COG with 3 approved high grade shallow pit mines would buy them. Still think Chinese who have lots of patience and normally move very slow and methodically, plus have to get the CCP's approval. Even on a small sale like Condor.

Check FEC's website. They are a decent sized oil producer, with far larger market cap than COG with added income income from a large deepwater port and interest in a major pipeline. They have both Goldman and Citi trying to sell parts or all of the company and no corporate presentation since Nov of 2022. No news but absolutely required, meaning almost no news but Qtr financials and they have plenty to write about but the Vulture Capitalist who owns 41% of stock and completely controls the company and appointed himself Chair has made them almost completely invisable. And they have plenty of good news, just no one knows it?????? Thus stock price slowly falls with zero promotion.
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