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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 > But no news on the assays from Pucamayo
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Post by Flyder on Jan 05, 2024 9:48am

But no news on the assays from Pucamayo

If they have assay results from 4 holes for a few weeks now, and the results were spectacular, I'd think they would have worked overtime through the holidays to have a news release ready to go Jan 2 that would blow everyone out of the water.  The more time goes by without them releasing the results is a red flag to me, that assays are ho-hum.  Thoughts, anyone?
Comment by DarkGreen on Jan 05, 2024 10:11am
We don't know if they are ho-hum and there is no way you Get a Peruvian to work overtime at Christmas time . I have friends who have lived in Peru and when they shutdown at Christmas they shutdown . We are not going have an up and down situation like V.Big here . I personally think they want all the holes in one NR to show they found the feeder system to this deposit .imho
Comment by Flyder on Jan 05, 2024 10:15am
But they list on the Canadian venture board, and there are rules around releasing news that are of a material nature.  And that time frame is short for any news that can be construed as material, like within 2 days.  I've heard that from others who know these things.  So, if the assays are not high enough to warrant 'material' status, then they must be ho-hum.   ...more  
Comment by Zibo510 on Jan 05, 2024 10:16am
They did say they were going to release assay results from all nine holes at once.  As I mentioned before I couldn't see any reason to not release the results of the first 4 holes if they were good.  I'm in agreement with you that not releasing the results they have is a red flag. 
Comment by goodbones on Jan 05, 2024 10:27am
In respect to the blanket like HSE system... I'm in the camp that if they release only three holes of low grade it has little effect on the market (especially this crappy jr market). These deposits are low grade by nature. If they release all holes that are suggestive of x million ounces gold and silver in the small area explored it will have more impact on the market. Also confirming the ...more  
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