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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

Post by dsarkon May 06, 2014 5:34pm
450 Views
Post# 22531075

Good news today... Maybe 2-3 years too late

Good news today... Maybe 2-3 years too lateIt's going to cost $250M to build the oxide deposit.  The only problem is how is a junior with 50-60 cent share price & a market cap of 45-50 million going to raise that kind of dough?

While this is good, it took management too long to figure out no one wants to spend $4 billion to build a mine.  


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