Condor Resources Inc CNRIF

Primary Symbol: V.CN

Metals & Mining Industrial Metals & Minerals

Condor Resources Inc. is an exploration stage company. It is engaged in the business of acquisition and exploration of mineral properties in Peru. Its portfolio includes Chavin, Soledad, Quriurqu, Huinac Punta, Ocros, Pucamayo, Humaya, Andrea, San Martin, Lucero, Quilisane, Rio Bravo and Cobreorco. The Chavin property covers an area of over 42 square kilometers within the central Andes mineral belt in northern Peru and is host to a polymetallic vein system. Soledad property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes. Quriurqu property is located about 45 kilometers (km) southwest of the Pierina gold-silver mine. Huinac Punta is about 65 km south-east of the Antamina mine. The Pucamayo project is located 185 km southeast of Lima at an elevation of 3800 to 4200 meters (m), in the Tertiary volcanic belt. The Andrea project is located in the south-central Andes, at elevations ranging from 4100 to 4600 m, approximately 480 km south-east of Lima.

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Condor Resources Inc > Going Forward

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Comment by ALTELon Oct 07, 2023 1:31pm

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Post# 35674662

RE:RE:Going Forward

shelby2 wrote: Altel like to ask, and i know its just started but where u think we run up to before we see an offer. also if we get an offer would they do a all cash sale i wonder? they would have to sell this seperate from the other properties some how.

Well, before anybody mortgages their house to buy Condor shares let me say this

We have all seen far too many drill programs that turned out to be a Moose Pasture a few years later

Dozens and Dozens in my experience alone

It was always deeper holes than Pucamayo and they were usually chasing some Vein spending millions along the way

Pucamayo is VERY different and that’s why I am OVERWEIGHT as they say on Condor shares lol

This could be over and done in 2 months which is unbelievable to me

Pierina drilled 9 holes and poof …. Sold for CA$1 Billion

Pucamayo is low grade but there could be a lot of it and it’s so damn shallow

VERY low production costs with an open pit

If we hit 150,000,000 tons with the AU/AG averages that QH hopes for

WER’E GONNA NEED A BIGGER BOAT to haul away the cash offers from the Majors

I can honestly see the stock at $10 - $20 if tonnage and grades are as thought

As far as selling all the properties along with Pucamayo

I guess that depends if management wants to continue or just retire to some tropical island

Manny

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