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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 > A symptom of China's economic problems
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Comment by Crashcomingsoonon Dec 08, 2023 11:23pm
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Post# 35775985

RE:A symptom of China's economic problems

RE:A symptom of China's economic problems

'Full Banking Collapse': China Worries Pile Up As Hedge Funder Sounds Alarm (msn.com)
Excerpt:
As the U.S. economy continued to show signs of strength, many investors remained concerned with China’s economic outlook. One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X. 

Bass, who is the CIO of Hayman Capital Management, linked to a recent Reuters article that highlighted some of China’s economic concerns. Debt for the second-largest economy in the world has been piling up with local Chinese government debt reaching more than $12 trillion, or more than 75% of the country’s entire economic output.
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