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 > A symptom of China's economic problems

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Post by Crashcomingsoonon Dec 07, 2023 1:15pm

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Post# 35773393

A symptom of China's economic problems

My Comment: China has a huge debt problem and this house of cards will bring down the global economy. Of course, the US also has a huge debt problem. When will the dam break ?

Inside $100 billion ghost city with abandoned skyscrapers and empty malls (msn.com)
Excerpts:
A deserted beach, an empty children’s playground and closed shopping centres – this is the reality of a luxury estate left to rot. Originally intended as ‘a dream paradise for all mankind’, Forest City in southern Malaysia sounded like the perfect $100 billion (£80 billion) development

Forest City is built on reclaimed land far away from the nearest major city of Johor Bahru. It started to be built by China’s largest property developer, Country Garden, in 2016 and was set to be home to one million residents

But although it was aimed at middle-class people, with the average apartment in the development retailing for $1.14 million (£905,000), the price was far out of reach for most Malaysians. The average sale price of a property in Johor Bahru is around $141,000 (£112,000), and the city is more accessible than Forest City, which requires a car to get around

The metropolis was set to be eco-friendly and feature a golf course, waterpark, offices, bars, and restaurants. But now only 15% of the project has been completed, and only a few hundred people live in the tower

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