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Exeter Resource Corporation T.XRC

"Exeter Resource Corporation was incorporated on February 10, 1984. It is an exploration and development company. It is engaged in gold deposits in the Maricunga district in Chile, Caspiche project."


TSX:XRC - Post by User

Comment by wildstylechefehon Aug 30, 2013 1:08pm
304 Views
Post# 21709834

RE:RE:Newbie

RE:RE:NewbieAlso the abismal execution of larg capital projects by the likes og Barick have tarnished the attractivness of large capital projects through their their lack of execution efficiency and choice of projects where they decided that a mine crossing 2 south Aerican boarders 1 of which is hostile to mines and having to move a glacier or digging around it ( which is the only source of water in the region). They now have a mine that has already costed 6 billion and on the road to 8-9 million that had an origional budget of 3 million. To make matters worse it is now halted from environmental violations and has a possibility of never being completed and mothballed.
Water is a matter but in the scheme of reality all we need is gold to get over 1800 and hold and we will have a 10$ stock. As gold increses in value it will because of financial fallout and shortage of physical gold so having a mine with 18+ million ounces will bring Exeter to the forfront again
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