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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.


TSXV:CN - Post by User

Condor Resources Inc
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Post by Crashcomingsoonon Dec 06, 2021 1:32pm
87 Views
Post# 34202863

Fed thinking ?

Fed thinking ?A major shift is underway at the Federal Reserve that could see a speedier end to its easy policies (msn.com)

My Comment :  Increasing rates will do nothing about supply constraints.  It will lessen demand, but the cow has already left the barn on RE prices.  Time to buckle up.  Recession on the horizon ?  Can't allow that.

Excerpts:
Comments by Fed officials suggest the central bank is likely to decide to double the pace of its taper to $30 billion a month at its December meeting next week.

Fed Chair Jerome Powell in testimony last week supported the idea of a faster taper and made a dramatic shift when he said the big concern with another wave of the coronavirus or new variant was inflation, because it might keep people out of work and worsen supply constraints. 

Economic data in November played a big role in the Fed's shift. The consumer price index showed higher and more widespread inflation. That added to concern of how higher housing prices might drive up the CPI in coming months.


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