Condor Resources Inc V.CN

Alternate Symbol(s): CNRIF

Metals & Mining Industrial Metals & Minerals

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 Chavin property covers an area of over 14 km2 within the central Andes mineral belt in northern Peru and is host to a polymetallic vein system. The Company’s Soledad property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes. The Quriurqu property is located in the Department of Ancash, northern Peru approximately 10 km south of the Soledad project. The Huinac Punta is about 65 km south-east of the Antamina mine. 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 > The Math

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Comment by gpsairgoldteamon Oct 09, 2021 6:36pm

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Post# 33992430

RE:The Math

I keep running these numbers, multiple ways. Just seems unreal. Somebody correct me, but if $35 a share remains after AISC, what would be the payout? Even if corporate taxes and royalties amount to a third, and payout ratio is 80% or so....thats still a payout of $20/share. 10 year mine life= $2.00/share per year. At a cutrrent stock price of .17 USD, you're getting back over 10 times your investment every year for 10+ years! What am I missing?

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From now on, dynaCERT instead of Bitcoin or NVIDIA?