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Condor Resources Inc CNRIF


Primary Symbol: V.CN

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

Comment by Crashcomingsoonon Aug 20, 2023 6:56pm
101 Views
Post# 35597182

RE:China in dire straits

RE:China in dire straitsWill China stimulate their economy with Trillions of Yuan?  Their economy sinks lower with each new economic data release.  Doug Noland thinks China fears a currency devaluation if they do a massive stimulus and yet te alternative could be:

Morgan Stanley: If China Enters A Debt-Deflation Loop, It Will Spread Disinflation Around The World | ZeroHedge

C
hina could prolong their bubble economy a while longer with stimulus, but with worse consequences.  The chickens are coming home to roost.  And if the Fed triggers another banking crisis, would they bail out all depositors in full beyond the FDIC limits (They created a moral hazard by already doing that.)

I don't think it will take long to know the answers.
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