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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 > Sharply down
View:
Post by Crashcomingsoon on Sep 05, 2023 1:34pm

Sharply down

on heavy volume.  Does not bode well, especially with gold falling.   Any Day Now.
Comment by DarkGreen on Sep 05, 2023 2:00pm
I beg to differ Crash . Someone is selling because they are impatient (rightfully so ) and someone knows something because they bought a pile of shares .  My retired broker buddy who made a bucket on the VSe always said " it is fine when there is heavy volume on a 10% dip " it means the smart money is piling in .
Comment by Crashcomingsoon on Sep 05, 2023 7:16pm
Yes, I know "someone knows something".  Hope springs eternal.  I think Condor will EVENTUALLY ressolveTHIS problem (there may be more waiting).  Buy the dip.  I would consider adding at US$0.20 (C$0.27)  which is C$0.065 below today's close.  Meanwhile there are better buys elsewhere.