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 > How low can gold go?

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Comment by Crashcomingsoonon Sep 15, 2022 10:29pm

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Post# 34965990

RE:How low can gold go?

So, gold broke major support at $1675-$1680. $1600 is possible very soon as rates keep rising. But, wait till something big breaks to precipitate the next financial crisis. It could happen anywhere, but Europe, China, and Japan are prime candidates. It will take time for rate increases to really affect the US economy. And I don't think the rate increases will slow inflation which is increasing due to forces outside the Fed's control (Climate change, labor shortages, Covid, Chinese lockdowns, Ukrainian war, government spending)

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