Post by
Crashcomingsoon on Oct 06, 2022 2:24pm
Prediction
If there is no significant news prior to or during the AGM regarding Pucamayo, Condor's share price will drop. If you still think Condor will eventually develop some of their properties and the share price drops signicantly, it could be a time to buy. There are, of course, better miners to buy.
Comment by
KenGPS on Oct 06, 2022 5:47pm
I think it has bottomed already. Trading not much above incoming cash from sold projects.
Comment by
KenGPS on Oct 06, 2022 5:51pm
I should clarify.....My statement is based on recent trading range, not the last few days where it has been up a bit. I think the rumors are pretty good now. I hear from the village rumor mill they are happy. Lyle has supposedly hired a bunch of them to do work around the village. I don't think Lyle would do that unless they have some sort of understanding on access.
Comment by
Crashcomingsoon on Oct 06, 2022 9:13pm
If true, then everyone knows about Condor's access except the investors. I just think sentiment will turn down forcing a lower stock price if Condor does not make a significant announcement at or befofore the AGM. Some investors just give up.
Comment by
KenGPS on Oct 06, 2022 9:16pm
I'm not saying they have access yet. Just that there are people in the village who are working for Condor. Maybe they screw Condor over, who knows. I just hope Lyle has good reason to be putting out money. I agree, the price will drop if no news. But I don't expect it to hit a new low.
Comment by
KenGPS on Oct 06, 2022 9:17pm
Mainly because everybody who is going to give up has already sold.
Comment by
DarkGreen on Oct 07, 2022 12:43pm
To follow up my last post , I feel after many years they have figured out a solution . Probably the appointment of Andres to the board was the best thing to happen to Condor since the discovery of Pucamayo . Yes, I think access will be granted very soon .