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Bullboard - Stock Discussion Forum 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... see more

TSXV:CN - Post Discussion

Condor Resources Inc > Going to need some money. But not much.
View:
Post by gpsairgoldteam on Oct 05, 2021 7:27pm

Going to need some money. But not much.

My guess is they have around $400-500K including their Chakana shares. Palamina is doing a similar drill program for $750K. So they wouldn't need a large raise. But any dilution now could cost 100 fold in the future.
Comment by gpsairgoldteam on Oct 05, 2021 7:30pm
Hope they can come up with a couple hundred grand. Hit something juicy, then raise a little. April is not THAT far away.
Comment by ALTEL on Oct 05, 2021 7:49pm
as far as i heard we ain't waiting until April and your'e right, we don't need a lot of money holes are approx 250m deep ....... cheap i expect the price to rise when we announce official access has been granted maybe a small PP ....... 1 mil shares at .40 who would buy it? Crescat definitely has an interest in our success, Sandstorm bot a royalty stream years ago, they have an ...more  
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