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 ?

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.

If you have any problems registering or queries please email events@proactiveinvestors.com.

interesting - maybe hit the 9p placing price today or more - good discovery here....

Wednesday 07 September, 2011Condor Resources PLC
Discovery of High Grade Gold Breccia Zone
RNS Number : 7423N
Condor Resources PLC
07 September 2011



Condor Resources Plc

7th Floor

39 St. James's Street

London
SW1A 1JD
Telephone +44 020 74081067

Fax: +44 020 74938633




7th September 2011





Condor Resources Plc

(''Condor'' or "the Company")









Discovery of High-grade Gold Mineralised Breccia Zone at the Centre of La India Project in Nicaragua



Highlights:

The Central Breccia, discovery of 11m at 2.74g/t breccia in centre of La India Project.

The Central Breccia is open to the south where several metres have already been exposed by trenching.

Location is significant as it is at the axis of an epithermal gold system where veins to the south dip to the north and veins to the north dip to the south

The Central Breccia is significantly wider than the high grade epithermal gold veins hosting the current JORC Resource on La India Project



Condor (AIM: CNR), is pleased to announce the discovery of wide high-grade gold mineralised breccia on its La India Project at the centre of the La India Mining District epithermal gold system (the "District"). An 11m long trench excavated north-south across a large outcrop of quartz cemented brecciated felsic volcanic rock discovered at the top of a steep sided hill returned an average grade of 2.74g/t gold across the entire 11m length, including 2m at 6.77g/t gold at the southern end of the trench (the "Central Breccia").



The Central Breccia was discovered by Condor's geologists during prospecting and rock chip sampling in the area where a number of the main epithermal veins appear to converge, including the America-Constancia, Guapinol and Tatiana veins to the west and the Cacao Vein, on Condor's 100% owned Cacao Concession to the east. The discovery rock chip sample selected from the more quartz rich parts of the outcrop assayed at 13.6g/t gold and demonstrates the potential for new discoveries and the potential for different styles of epithermal gold mineralisation on Condor's concessions covering 166sq km in the District.



The Central Breccia appears to be associated with an east-northeast striking gold mineralised structure, consistent with other mineralised veins in the vicinity. An offset trench testing the northern continuity of the Central Breccia revealed an east-west striking, southward dipping, quartz vein which returned an intercept of 1m at 2.68g/t gold located 15m north of the Central Breccia, and another trench located 180m along strike to the east intercepted two southward dipping quartz veins, 4m apart, which returned assays of 1m at 0.97g/t gold and 3.15m at 4.48g/t gold.



It is encouraging that the wide gold mineralised intercept returned from the trench is orientated perpendicular to the general structural trend, representing a width of mineralisation unusual in the District. The overall morphology of the Central Breccia has not yet been defined beyond the observation that the outcrop appears to have similar dimensions of 10m to 15m in both a north-south and east-west direction, and the depth extent is unknown beyond the 2m exposed in the trench wall. Further trenching is underway along strike of the Central Breccia where small outcrops and float of similar breccia material have been identified. It is anticipated that this trenching will help establish the geology and distribution of gold mineralisation. In addition to the new trenching the discovery trench is being extended to the south where the mineralisation remains open, and trenching has already exposed several more metres of breccia.



There are a number of geological models that could explain the presence of a wide zone of gold mineralised breccia at surface, and until the thickness and lateral continuity of the Central Breccia are established the economic significance cannot be assessed. However, the location is highly prospective as the gold-mineralised Central Breccia is located at the structural centre of the La India epithermal gold system, along the central axis where gold-bearing structures converge; to the south of this axis the principal structures dip towards the north whereas to the north of this axis the principal structures dip to the south. Significant structural deformation would be expected at the point of convergence of these structures which would form a favourable host for gold mineralisation, which coupled with the fact that this axis may well be located above the centre of the source of the original gold-bearing epithermal fluids that formed La India Project's gold deposits makes this area an attractive exploration target.

level 2 very strong - ticking up quickly