Gold & Silver Explorer in Central America

Global resources for the company now stand at some 788,000 ounces of gold and 22.3 million ounces of silver.

Condor Resources plc is a UK based AIM listed exploration Company with a strong focus on the exploration and development of gold and silver resources within Central America.

The Company owns outright or can earn a majority interest in a substantial portfolio of concessions largely prospective for high-grade epithermal gold and silver in El Salvador and Nicaragua in Central America.

Condor's management team have extensive experience in mineral exploration, project development and project financing, ensuring that the Company has the best possible opportunity to achieve exploration success in these prospective areas of Central America.

The Company was successfully admitted to the official list of the London Stock Exchange AIM Market on 31st May 2006.



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CONDOR RES ORD PLUS-traded
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B128J781/GBP/PLUS-exn

http://www.condorresourcesplc.com/admin/LatestNews/Docs/CNR%20World%20Mining%20Stocks%20May%2008%20web%20version.pdf
http://www.condorresourcesplc.com/

Comparison RVD have 5m ounces they have just started mining sp 4.2p M/Cap 67.41m punters on that thread are looking for 20p sp. CNR have 788k ounces + silver and more to come M/Cap 2.61m we should be at 18p+ or more.

I think people (me included) were expecting a big announcement giving figures for all the Nicaraguan projects hence the lacklustre reaction. The Nicaraguan assets are made up of several smaller areas therefore more to come, so hopefully they are still on target for the 'magic' 1m+Oz by the end of May. Still says that at the bottom of today's RNS anyway.

Looks like I should have held onto those LSB driver!

Not too bothered though as bought more SER :)

rel
Just posted on the LSB thread.

Out of these at the moment may come back reversed into IVE the other day.

Arras news should be out very shortly I believe.

There is a write up in World Mining Stocks this week. Take a look at:-
http://www.condorresourcesplc.com/admin/LatestNews/Docs/CNR%20World%20Mining%20Stocks%20May%2008%20web%20version.pdf

kimoldfield
Cheers kim will stick in the header.

Volume starting to pick up again here. Arras news could come any day now I would have thought.

Nice rise!

rel
Yes good rise just didn't have the patience could it go like last time results in and the sp crashes not a deramp just an observation.

Rise appears to be on low volume, so who knows.

Added a few of these this morning. Read this article over the weekend: http://www.mining-journal.com/WMS_Magazine/pdf/WMS0805scr.pdf

Arras update must be out any day now, and according to that article published last week, they are still expecting to meet their 1m target by end of May..
That implies to me that a 200k+oz resource is expected from Arras? Unless they have some other results to come in before then that I'm not aware of?

At he end all MMs the same price
SCAP gives up the 2p offer at 10:49am, after a Large buy on the plus market and paying premium 2.25p

20/05/2008 10:49:15 2.25 176,453 O 3,970.19

and now WINS goes higher at bid

What an extreme over-reaction. Market cap now about 1.5m!!

MM's taking the p*ss big time here.

Resource update out very soon.

Good job we didn't buy though Master!

250k @ 2p just bought on PLUS. Very cynical mark-down by the MM's.

Oh dear, sorry about that. I sometimes think this is a mugs game particularly when MM's are in this sort of mood.