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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 Oct 20, 2022 4:34pm
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Post# 35037450

Silver

SilverYou want to be buying silver at $18, says silver market analyst and author Peter Krauth | Kitco News


Excerpts:
There is a significant disconnect in the silver market between investment demand in paper and physical bullion, and this is an environment where profits are made, according to one market analyst.

Krauth added that while investors have been disappointed in the short-term price action this year, the precious metal has made some impressive gains. He pointed out that from mid-2018 to mid-2019, silver was trading below $15 an ounce.

"The world will not be able to meet its green energy goals without silver. Industrial demand is only going to continue to grow, and it is creating a rising floor in silver prices," he said. "Silver has become a critical and replaceable metal."

"When you look at the equities, you don't have to take huge risks in your portfolio; there are a lot of senior producers that have outstanding returns," he said. "Like the physical metal, mining stocks have been so beaten up that there is a lot of value in the marketplace."
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