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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 Aug 01, 2022 8:08am
187 Views
Post# 34863808

Silver Demand / Supply

Silver Demand / Supply"If The Fed Marches On, They're Creating Another Lehman Situation", Larry McDonald Warns Powell Is "Pumping A False Narrative" | ZeroHedge

Excerpts:
Fundamentally, there’s immense demand for silver for electric vehicles and solar panels over the next decade. 

Right now, silver is at $18.50, in the last cycle it peaked at $50 in 2011. It’s pretty likely that silver will see $40 to $50 in this commodity super cycle. 

Yet, at the moment, it seems that virtually no one wants anything to do with gold and silver stocks.

It’s always the case at this point of the cycle. Pan American Silver, another large silver miner, traded at $6 when the Fed started the hiking cycle in 2015. Once they ended hiking, the stock was up more than 200%. That’s why you want to buy silver and gold miners now, because the important thing about this hiking cycle is the global systemic risk. The Fed has been exporting inflation all around the world into countries that can least afford it.

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