DUAL-LISTED Be interesting to see if the recent rise on AIM continues now we're finally listed on TSXCONDOR NOW DUAL-LISTED ON AIM AND TSXCondor Gold (AIM: CNR; OTCQX: CNFGF; TSX: COG) is pleased to announce that the Company's ordinary shares will commence trading on the Toronto Stock Exchange (the "TSX" under the symbol COG at the start of trading on 15(th) January 2018.Mark Child, Chairman and Chief Executive Officer of Condor, stated:"I am delighted that Condor is to be listed on the TSX later today via a non-offering long form prospectus. The listing constitutes an important milestone for Condor Gold, providing a local trading platform for existing and new Canadian shareholders and investors. The vast majority of mining and exploration companies operating in South America are TSX/TSXV listed and, in my opinion, Canadian investors will find Condor a compelling investment that is undervalued compared to its TSX/TSXV listed peer group. Condor is the 100% owner of the La India Project, a high-grade gold deposit close to permitting, which can be expanded, and is located in Nicaragua, a jurisdiction with a pro-mining government.Condor is in the final stages of permitting a base case processing plant of between 2,300 tonnes per day ("tpd" and 2,800tpd with the capacity to produce 100,000 ounces ("oz" of gold per annum. In early December 2017, I held a constructive meeting with the Nicaraguan Minister of Energy and Mines, who re-confirmed the Government's support for the La India Project. Subsequently, Condor has held further technical meetings with the Ministry of Energy and Mines and the Nicaraguan Ministry of the Environment.Condor has been engaged with the local community for several years via employment and many social programmes, from healthcare, to education, to the distribution of drinking water. Over the past 18 months, we have been in constructive talks with the Nicaraguan Government and, with their blessing, we have entered direct conversation with the local community regarding key aspects of permitting. The strategy remains to permit, construct and operate the base case processing plant, significantly expand the current mineral resources and prove a major gold district at La India Project."The Company will remain listed on the AIM market of the London Stock Exchange and its shares trade on the OTCQX. Shareholders/Investors who wish to buy additional shares or sell existing holdings acquired through AIM can continue to do so in the normal manner. Shareholders who wish to trade on the TSX must have a Canadian broker. Shareholders who wish to sell existing shareholdings on the TSX must first transfer their holdings from Computershare's UK Share Register to Computershare's Canadian Share Register. Further information on this process is available on Condor's website.
Gold closed at $1337 on Friday Wobbled a bit but still looking strong:[link] and XAU also looking good:[link] DXY is also looking weak (90.90) , no doubt helping fuel the uplift in gold. If it drops back into the 80s I reckon we could see a significant move up in gold next week. Conversely, if it recovers we will see a pullback. [link] moves in gold plus the appearance on the TSX (Monday?) and we could see Shugg1e's prediction of 70p PDQ.
Re: TSX active on Monday (15th) Reliable source. I believe the info originally came from Condor itself (not from a direct query from me).We'll find out on Monday...
Re: TSX active on Monday (15th) Reliable source or poster on LSE having a guess?
TSX active on Monday (15th) I'm told the TSX is going live on Monday. Given the price action over the last few days it would seem to fit.
Re: Gold $1332 They look like good calls to me. If gold does break through $1400 I could see Condor back at 100p, still short of the Numis target of 140p/150p but a good return for anyone investing today. It was 150p until November but was scaled back to 140p when gold showed a bit of weakness; maybe they will change it back to 150p again. It had slipped back to $1328 when I last looked but still looks fairly strong in the grand scheme of things, continuing to inversely mirror the general weakness in the USD DXY.Noted on the TSX. It did seem to have some rogue entries on the trading list but now appear to have been deleted. Looks like you guys are right; we don't have any activity there just yet.[link] does make me wonder if perhaps it has already passed some Canadian's radar and they are getting in early on AIM. There is clearly a buy appetite at the moment.
Re: Gold $1332 One would expect any decent run to break the previous resistance around $1378 run up then come back and retest that resistance as support.I plan to sell if it fails to break $1378 or around the $1450 mark on the gold price if it breaks through.Should easily get back to 70p
Gold $1332 The question is whether it will make a run at $1400 this quarter. If it does it will probably pull Condor with it. A weakening DXY is helping the situation at the moment.
Re: Im back in 100% not active on TSX yet. Would have received a RNS to say, also would show share priced in CAD on Condor website. Believe conditions to float had to be met early Jan so expect news soon
Re: Im back in DictumI dont think the listing on the TSX is active yet and that is why you are not seeing action there. I think the recent rise is in anticipation of the TSX listing and it will take a leap when the TSX listing actually happens.
Re: Im back in It's starting to look interesting again. I'm not seeing a lot of action on the TSX yet but then again it's early days. With hundreds to go through it may take a few months before they 'discover' Condor.
Re: Im back in Not blowing my own trumpet or anything but i f""King nailed that one with a buy at 40pbrilliant.
Re: Gold back over $1320 Ddd, I also got burnt by Arian silver! Ouch....Now, for the first time in many years I have very little in Condor and it starts moving. Yes, I realised things would likely pick up with the Canadian listing but thought I had enough time to get out, make something with Frontera and get back in with Condir.!But things have moved a little slower than expected and have been caught with my pants down.Cygnus7
Gold back over $1320 Gold is also looking like a solid bet again. It's having its best run for ages.[link] luck we will see it's strength reflected in Condor's price tomorrow.
Re: TSX Listing Approval Believe it or not I've been in Condor for eight or nine years. I can't even recall when I first bought in. I abandoned the idea of getting out early years ago and chose to stick with it for the long haul. And a long haul it's certainly been. Arian Silver was supposed to be the long term bet but Condor looks like the better option. The difference of course is that Mark Child's has some skin in the game and wants more than just a salary. I'm more optimistic about Condor's chances in 2018 than I have been in years and may even buy a few from time to time.