daytrading oct 16 morning, page-2

CDB, guys if you believe the company this could be huge. I have been sceptical of management, however their projects in Chile do look good and they are in jv discussions with Chinese and Korean partners. Also just the iron tailings project (if it comes off) should be worth many, many multiples of current sp.

Condor Blanco Mines Ltd (“Condor Mines,” “the Company”) has reached agreement with the owners of tailings project to earn into 50% of the project with an initial payment of US$300,000. Initially 5000t/month of concentrate will be produced pending an environmental study after which production is planned to increase to 30,000t/month. Condor is committed to fund the production upgrade estimated at $300,000 within a year. With a mine life of four to five years, Condor expects to receive earnings of US$10 million each year as its share.

PG