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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 Bulllionon May 07, 2014 3:42pm
359 Views
Post# 22535168

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

RE:Good news today... Maybe 2-3 years too lateThe exeter burn rate is way to high. More then half the bought deal cash is gone and now they want to do a reasonable project?? That and the Marigunga area being critical as far as water rights go,.. and on top of all that, legal problems brewing with adjacent claims that do not want tailings and dumps on thier prospective ground means this will no go ahead as planned. Too little to late in my opinion. They should move it on to a company with deeper pockets and try to cash out.
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