Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (36475)	5/1/2009 9:35:38 PM
From: LoneClone	Read Replies (1) \| Respond to of 193231

Condor Nickel drops Chinese merger 1-May-09 by Staff Reporters wabusinessnews.com.au Perth-based Condor Nickel says it will not merge with Chinese company Chihong International Mining despite receiving foreign investment approval. In a brief statement, Condor said it will "proceed under the stewardship of the current board". In March, Condor had flagged that the merger may not go ahead by the May 31 2009 deadline. Condor expressed reservations that Chihong may not be able to complete its due diligence on time. Shares in Condor closed untraded at five cents today. Condor is a spin-off from Carrick Gold and holds the latter company's nickel and base metal assets. The flagship asset is the Grey Dam project near Kalgoorlie.