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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 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.


TSXV:CN - Post by User

Post by Crashcomingsoonon Nov 13, 2021 3:56am
381 Views
Post# 34122609

Getting their act together

Getting their act togetherI would certainly like to see Condor's management get their act together.  They certain don't inspire much confidence by not aggressively persuing their property development.  They've been in a low activity/maintenance mode for over 11 years.  Even the sale of Ocros will only generate enough cash to keep the lights on and pay salaries.  It certainly will not help shareholder value.  $1M over 2.5 years from the sale of Ocros just pays the bills.  
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