Should I wait for the price to drop to .5P or go in at .6P. Is the El Salvador government going to allow Condor to drill in the new area Condor are hoping for ?

why the rise?

The MMs have downgraded many of the tiddlers to next to nothing believing that in the credit crunch, they're all going bust.

They have realised recently that this isn't necessarily going to happen so have dramatically raised some prices.

I got into CNR believing it was grossly undervalued. In a 5 year play, with the consessions it had, I felt in a decent market it could easily be 30-40p. I never expected this rise so dramatically but I aint complaining!

Up another 50% today.

Hit just short of 70% at one point.

It appears to be hope that they will be able to resume activity in El Salvador but a director sold 5,600,000 shrs so he obviously thinks it won't be soon

To be fair it was only a small proportion of what he held and to a point I guess he has a right to sell into the huge rise.

maybe yes. I must admit I was tempted to buy these Tues but bottled it and they probably will continue to soar but a director selling always puts me on edge, from past experience. So i'll continue to watch by the sidelines

The best time to get in was probably at around 8.15 when the sp dropped down some 35% and could be had at 2.35p.

The director actually sold on the 4th so he missed much of the rise!

That director if it is Jim Mellon of burnbrae investments held 55million--so didn't sell much. The rumours are he was asked to part with some as if a big investor wants in it is often the way it's done! I'm long and strong here.

Nice rise .. again

you should see the doctor about that....getting too regular.,.

Probably too much Viagra I have to confess.

lol.,. cynics problem too;))

Taking a bashing this morning...

15% up now

Yes good job, was almost tempted to buy some more at 5.75p but hestitated too long

back up 30% today.

Condor expects drilling on the La India project in Nicaragua to begin within the next few days.

Condor has contracted a diamond drill rig to drill 2,000 m of core with an option for a further 3,000 m.

The drilling programme has been designed in consultation with independent consultants SRK with the aim of increasing the JORC compliant inferred mineral resource of 4.58 Mt at 5.9 g/t for 868,000 oz gold which was announced on 4 January.

hopefully up another 30% in a few days.,.

Free investor event
-------------------

The directors of Plant Impact (AIM: PIM) and Condor Resources (AIM: CNR) will be presenting: Thursday the 10th February 2011,Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/100

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

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