Bullboard - Stock Discussion Forum Condor Resources Inc CNRIF

Primary Symbol: V.CN

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... see more

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Condor Resources Inc > Copper Mega Deal

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Post by Crashcomingsoon on Aug 02, 2024 3:22pm

Copper Mega Deal

Copper on the cusp after $3 billion mega deal | Kitco News

My Comment: Florida Gold and Visla Silver also mentioned in the article (I have shares in both miners)

Also, it looks like de-risking has begun in the stock market and it has a long way to run. It very well could take down all asset classes, including the PMs. It's time to build up cash positions. I expect things to really come unglued after the election. The whole global financial system is burdened with a huge amount of debt. Also, the ME war could intensify this weekend as Iran retaliates.

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Comment by Crashcomingsoon on Aug 06, 2024 2:02pm

My Comment: DRC surpassed Peru in 2023 to become the country with second largest copper reserves as noted in the article Don't Count Out Copper Yet - Mauldin Economics Excerpt: Around 65% of identified copper sits in the ground in five countries: Chile, Australia, Peru, Mexico, and the US. Chile has the greatest copper reserves, followed by Peru.

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Condor Resources Inc