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 > Interest on National Debt

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Post by Crashcomingsoonon Oct 27, 2022 11:51pm

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Post# 35055038

Interest on National Debt

Friday’s inflation report has investors bracing for volatility | Kitco News

Excerpt:

Included in today’s Q3 GDP report was the most current data on the annualized federal interest payments indicating that it has increased to $736.5 billion. This set a new record for annual interest payments on our national debt.

According to the US Debt Clock.org, our national debt is currently above $31 trillion and unsustainable. Higher levels of interest set by the Federal Reserve only exacerbate that problem. However, the current level of national debt and the high cost of servicing just the interest creates extremely bullish market sentiment for gold.

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