Condor Gold – one possible offeror announces it doesn’t intend to make a firm offer, but another announces proposed terms…
Condor Gold (CNR) has announced it “notes the press article” and “confirms that it has received two non-binding offers from Calibre Mining Corp (TSX:CXB; OTCQX:CXBMF) and Metals Exploration Plc (AIM:MTL)”. Swiftly though Calibre has responded stating that, though it has engaged in discussions with Condor regarding the potential acquisition of the La India gold asset, “it is not currently in discussions with Condor, nor does it have an active offer… and confirms that it does not intend to make an offer for Condor”. That looks to leave Metals Exploration - my currently successful tip of the year - and it has too now issued updates.


