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Bullboard - Stock Discussion Forum Condor Resources Inc V.CN

Alternate Symbol(s):  CNRIF

Condor Resources Inc. is a precious and base metals exploration company focused on its portfolio of projects in Peru. The Company’s flagship Pucamayo project is located 185 km southeast of Lima and covers an area of approximately 85 square kilometers (km2). Its other project includes Chavin, Soledad, Quriurqu, Huinac Punta, Humaya, Andrea, San Martin, Quilisane, Rio Bravo and Cobreorco. The... see more

TSXV:CN - Post Discussion

Condor Resources Inc > Think about this fellow investors
View:
Post by DarkGreen on Aug 11, 2021 4:38pm

Think about this fellow investors

Throughout all of my years of investing I've found the big money was never made in the buying or selling .The big money was made in the waiting .

 - Jesse  Livermore 

Jesse Livermore was considered to be the best stock trader of all time , I wonder if Jesse would say Condor is worth the wait (11 years ) ,I had had a full head of hair when I bought my first share . 
Now it better go so I can afford the Hair Club .
Comment by Crashcomingsoon on Aug 12, 2021 3:10pm
Someday we'll all be millionaires and we'll be poor.  I don't think Jesse Livermore meant waiting 11 years for an opportunity to present itself.  My own impression is that if we are lving in the good times, then I'd welcome the bad times.
Comment by Brianw21 on Aug 12, 2021 3:37pm
Once this finally goes, some investing self-examination is required.  I bought the story a long time ago.  What was the opportunity cost of  long term hold?  What advice do I have for others?  My grandchildren?  What are the principles I follow in investing.  I hope this is a Puerina or Arequipa which in retrospect will make it worthwhile but my strategies have ...more  
Comment by Crashcomingsoon on Aug 12, 2021 4:40pm
If you bought cheap enough, it doesn't cost much to wait (ie opportunity cost is low).  Condor had a low of US$0.015 which is US$15K for 1 Million shares and would be 10X ROI at today's share price.  I'm in at $60K-70K.  The waiting has been frustrating.  I've had some miners, Collosus in particular, that had a lot of promise but which went bust when the mine ...more  
Comment by Crashcomingsoon on Aug 13, 2021 3:13pm
re : Arequipa - Arequipa intensifies drilling as Barrick waits POSTED BY: NORTHERN MINER STAFF AUGUST 19, 1996 Junior Arequipa Resources (AQP-T) has stepped up its drill program in the hope that more geological information will help directors and shareholders assess the takeover offer from Barrick Resources (ABX-T). In a circular mailed to shareholders, Arequipa’s board of directors ...more  
Comment by Crashcomingsoon on Aug 13, 2021 3:17pm
And Aurelian -  share price increased from less than $1 to $40 with 32M shares   https://www.northernminer.com/news/aurelian-gold-discovery-takes-centre-stage/1000207186/ Aurelian Gold Discovery Takes Centre Stage Workers at Aurelian Resources' Fruta del Norte gold project in Ecuador. BY: ROB ROBERTSON NOVEMBER 20, 2006 Viewed as a prime takeover target, Aurelian Resources ...more  
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