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Condor Resources Inc V.CN

Alternate Symbol(s):  CNRIF

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.


TSXV:CN - Post by User

Condor Resources Inc
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Post by superdave2on Jan 05, 2010 9:53pm
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Post# 16642504

careful, remember the "elephant" comment

careful, remember the "elephant" comment 

Pat has a history of initial excitement and lousy follow up results. Remember his "Condor management believes that the Ocros property exhibits significant potential to host an "elephant-sized" copper and precious metals deposit" (from NR Oct 29  2007) read that NR and tell me there are not some similarities with this one.  The drill results for Ocros in Feb 08 where minuscule and the stock tanked.

 I got burned on that one, I am going to be a bit more careful this time.


Could it be that Pat's piggy bank is getting empty?  Was there a private placement a while ago?  can anybody go back and see if management sold any stock between Oct 07 and Feb 08? I would be curious to know if they sold any stock while the thought they had the potential of an Elephant sized deposit.   This time instead of Elephant they used the word Bonanza

I'm not passing judgment on this, I do not have any facts yet just this fantasically worded NR, I am just passing on my own thoughts on this for discussion.

sd2
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities