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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

Comment by Crashcomingsoonon Aug 06, 2024 2:21pm
66 Views
Post# 36166305

RE:markets

RE:marketsThe market weakness is not the primary source of Condor's problems which is that nothing is being done on property development to warrant investor interest.

WRT the markets: I'm expecting today's rebound to be a dead cat bounce. The following drivers are still  in play:
1) Japan carry trade (It will take more than jawboning to arrest the problem)
2) US Presidential election (Both candidates will destroy the country)
3) ME and other wars (Waiting for Iran's retaliation)
4) Weakening US economy (Something could easily break such as CRE and banks)
5) Huge amount of global debt which only increases in the next recession
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