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Condor Resources Inc CNRIF


Primary Symbol: V.CN

Metals & Mining Industrial Metals & Minerals
Condor Resources Inc. is an exploration stage company. It is engaged in the business of acquisition and exploration of mineral properties in Peru. Its portfolio includes Chavin, Soledad, Quriurqu, Huinac Punta, Ocros, Pucamayo, Humaya, Andrea, San Martin, Lucero, Quilisane, Rio Bravo and Cobreorco. The Chavin property covers an area of over 42 square kilometers within the central Andes mineral belt in northern Peru and is host to a polymetallic vein system. Soledad property is located in the Cordillera Negra metallogenic province in the central Peruvian Andes. Quriurqu property is located about 45 kilometers (km) southwest of the Pierina gold-silver mine. Huinac Punta is about 65 km south-east of the Antamina mine. The Pucamayo project is located 185 km southeast of Lima at an elevation of 3800 to 4200 meters (m), in the Tertiary volcanic belt. 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
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Post by Crashcomingsoonon Apr 17, 2024 2:09pm
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Post# 35994271

Miners

MinersMy Comment:  I've read this so many times from several analysts.  So, the question is: When ?

"The Federal Reserve Is Clearly Trapped" | ZeroHedge

Excerpt:
Note that the gold mining stocks still have not provided any leverage to the price of gold. In fact, in the  first quarter they did not even keep pace with the increase in the price of gold. With gold up 8.1% in the  quarter, the gold mining indices were up 2%. Typically, gold miners provide 2x to 3x leverage in terms  of returns; so with gold up 8%, the miners would typically have been up 16% to 24%. This supports our  thesis that the miners are still undervalued and are going to mean revert with a vengeance as this bull  market in gold continues. The gold mining shares have a long way to go before they reflect fair value.

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