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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 Jun 04, 2023 8:44pm
206 Views
Post# 35479619

Gold has a lot more upside

Gold has a lot more upsideMy Comment: It's all about the DEBT (sovereign, household, and corporate) and it's a global problem. I'm expecting the US national debt to reach $40 Trillion by 2026.  Of course, this does not include another $30 Trillion plus in off-balance sheet government debt.  There is a point where the system just grinds to a halt due to the debt and it becomes a debt spiral.  I don't kjnow how this ends, but I don't think we have long to wait to find out.  Gold, I think is one of the few safe havens in this scenario.


The Debt Ceiling "Crisis" Is Over And Now US Debt Will Rise From $31 Trillion To $50 Trillion By 2030 | ZeroHedge
Excerpt:
What will hold their attention is the inexorable expansion of our extraordinary debt, which is set to rise from $31.4trln today to $50trln by 2030 and then really take off (assuming rather benign economic and market conditions which we know rarely persist uninterrupted).
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