"I was at the South American diggers conference with a broker mate today and had a good chat with the Condor Geo - Carl Swennson. He is confident that the Iron Tailings project can easily go into production in the short term. There is very little Capex involved and Condor can simply use basic backhoes to load up the ore and truck it down the road for processing. The thing to remember though is that Condor isn't an Iron Ore company. The company was set up to focus on Gold and Copper exploration in Chile - which is still the major focus of the company. This iron tailings project simply adds to the investment case. I.e. on top of the world class exploration projects, the company has a project which can go into production in the short term to bank roll drilling of Carachapampa.
Trading halt could hold some very good news. Will be interesting to see how the stock responds tomorrow."
